Top ten signs that Sonia Gandhi is the PM of India

I totally agree with sillylilly.
And to radz , my indian friends here in germany have said exactly the same thing .
So may be it does reflect the mood of indians.

I'm not bringing up a bogey of foreigners (to india) doing anything, it is TRUE that the near 1000 point crash in the BSE was owing to mainly FOREIGN funds (hedge funds etc) pulling out near 22 billion rupees in the last ten days from the indian markets.

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While it is true that people will take their money to where the profits are, it makes you wonder why anyione should be SO influenced by the ups and downs in a stock market so influenced by hedge fund money, but that's just me, I guess.

ISn't that why the BJP was voted out? that they didn't do this and instead played footsie with every foreign hedge fund that wanted one of the government's crown jewels(ONGC, VSNL,HPCL etc) ?

M leonardt,

do your indian friends in germany vote in the indian elections? (and shouldn't they be more worried about the government and policies in GERMANY instead? (look at where that approach got some expats. Imagine where she would have been if sonia gandhi were still trying to get political posts in Italy!

There is nothing wrong with Sonia being the prime minister of India. After all she has become a wife here, a mother here and a widow here.

What Indianness are people talking about? Are not Indians successful as politicians abroad?

Will she be able to tame the coalition parties? That is the only question in my mind.We had the same doubt with Vajpayee.

She always wanted a person to lead the congressmen to follow her!!

I think Sonia will do a good job at PM’s office.

I feel Thandoori chicken and Pizza are best combination!!

My friends are worried about both the countries .and
I guess they have a right to do so.
Or may be you are right they should also try to become the chancellor of germany.
Now this will definately bring out the best from our CDU/CSU parties.
I better forward this idea immediately to my german friends .Tomorrow I shall post the reactions of my german friends.
towards the idea of a chancellor of indian origin.

Quote:
ISn't that why the BJP was voted out? that they didn't do this and instead played footsie with every foreign hedge fund that wanted one of the government's crown jewels(ONGC, VSNL,HPCL etc) ?
----

I would be much obliged if you could ttell me which hedge fund bought what % of stake in each company: ONGC, VSNL? (by the way HPCL has not been divested yet).

scratch that, though. Imagine if silly lilly became the US president. she'll make george bush look like a liberal spring breeze.

you would...

The following companies lost 20 % or more of their share price in the last two.

Krone Communications 35.22%; Telecom/disinvestment
Reliance Energy (25.55%); energy/disinvestment
IPCL (24.36%); energy/disinvestment
Oriental Bank (23.74%); Banking
Hinduja TMT (23.53%); Telecom/ disonvestment
GAIL (21.30%); energy/ disinvestment
Bank of Baroda (21.13%); banking
NIIT (20.64%); Technology
HDFC (20.63%); Banking
BHEL (20.32%); Engg/ Disinvestment
Tata (Motors (19.98%); Automobiles
IDBI (19.90%); Banking


Notice any patterns ?

The above is directed at albaruni and I would appreciate a response.

a/a

(edited at 9.47 to add: I guess he did(appreciate my response, I mean)).

At least Indian Railways won't be on the auction block for awhile, IF her coalition lasts more than a few weeks.

who'd buy the indian railways? all people want to hear about is oil blocks, telecom, ambani, the banking sector (maybe insurance) ... tourism/transport , like the Utilities /infrastructure is something people hide from in the Indian capital markets.

albaruni,

Maybe I am just dumb but:

You impled that BJP goverment was selling off profit making Indian PSU's to hedge funds, so I asked you which hedge funds purchased what % of the stake in ONGC and VSNL, simple question, no? What does Reliance Energy and Tata Motors have to do with it?

no.

a hedge fund is a hedge fund because 1. it does not leave fingerprints 2. it operates (usually in the secondary markets) through "proxy" counterparties and block deals. 3. are usually called "hot money" , where they sort of congregate around a profitable opportunity in the short run (usually a SELLING opportunity,).

So please stop misquoting me. I didn't say the bjp government was "Selling off" assets to hedge funds, did I

Guess that's the implication...from YOUR posts, not mine.

Tata motors...little, reliance energy...everything.

Yes, by the way I agree with the problems of "hot money". Thats one of the dangers you have to live with in an open economy.

mpop,

I'm not getting into a discussion about sex with you. you get so...worked up when I talk about sex...

the above quote is EXACTLY wrong.

Stock market crash = currency devaluation = lower wages in india(so the software techie that gets paid 10,000 rupees per month costs costs less in US$,) so MORE jobs go to india.