Tuesday, June 30, 2009

Oil Prices

The oil prices has always been the cause of concern for the common man and for the government. The view of the government has always been that price should be deregulated that is the price of oil in India should be a function of demand and supply and the the prevailing international price and at best it should be left to the regulator but because of left pressure in the last government it was difficult for the government to implement this idea but this time with the left out ,the government may be the position to play with this idea this time but Mamta Banerjee may be a spoil sport this time playing the role of the left. government is also toying with the idea of regulating the supply to the consumer.



Government pension fund of Norway third largest fund in the world is interested in investing in emerging markets of India China especially in the tech is real estate sector , oil sector.

Politics

After the debacle/fiasco in the 15th Lok Sabha elections the BJP is not to digest what has happened to the poll strategy and blame game started with the top leaders fighting over the miscalculations others have committed.