Rupee depreciated to pave way for the BLACK MONEY (held in U.S.$) to come into India. The Black $ left Thug Republik @ Rs 45 / 46 a $. Will come back @ Rs 55 a $. Thugs want cool 20% appreciation. Thugs will get Gold into the country. Goons of thugs will smuggle the Gold into the country and pocket the 4% Customs duty. Thugs will finance the purchase of Gold. Dubai will generate some income in this transactions. Dubai always benifited from closed door / highly regulated polices of Thug Republik. ...... anybody has better realistic answers to Rs appreciation...

Dear max tell me how to buy merc now. Can buy transformed ambassader (RIL)and wait for it to grow in to merc later...

Maximji, Please don`t take it personal. I never used the paanwala anywhere and I never ever had merc in any of my portfolio. What are these stories, look to be interesting more than this lousy RIL share which many of LT fools including me got struck up. Would you mind recollecting those memoirs for me please. Thanks Jay...

I think we have discussed this previously also, The problem with our Equity mindset is we think RBI is God. It can Handle Growth Inflation Currency and CAD all by its own. Little do we consider the fact that be t Growth or Inflation both will eventually be a function of Policies in New Delhi and not what comes of RBI.. RBI can only smoothen Economic cycles it can not make Cycles by its own . That basic thought process itself is flawed because right now Inflation is Consumption led which is being promoted by Government spending. While Government is doing nothing to boost supplies. The Government thinks a consumption led Economic Growth can occur withotu adequate supply side enhancement. Now if the government is so dumb, what can anyone do. The RBI has reduced the tightness of policy and Re went from 50 to 55 ad Inflation is rising and Growth still falling . This whole lets blame RBI theory is illogical....

I completely agree with you on the point that a majority of our Exports are Import heavy, Petro Gems being major components. So in that sense the Re Depriciation does more harm than good. But Re Depriciation is the Order of the day. The RBI for last 3 weeks has been depleting its $ reserves by a good 1 Billion $ and more but the Sheer demand of $ for imports which is greater than the supply via exporters is not fading away and the weakness in Re is being enhances due to global $ strength. The problem with us is though $ Strength resulted in Crude decline but a Re decline, so the Gains we earn of a lower Crude are washed away. So its a tricky situation right now either ways we are under stress....

Maximji, Your message reminds me a story and assured not intended to offend you: There were living spaces in Mumbai where one of the residents was a shift employee who’s duty is fixed to end at midnight. This poor guy has a bad habit whenever he reaches home, he removes his shoes throws them one by one at the door. The next door neighbour a day time worker usually at deep this sleep at these times, is disturbed and wakes up. One day he decided to tell his shoe throwing neighbour about the disturbance he is causing to him. So next day when the shoes was thrown, he got up and knocked the guys door and shouted at him and warned him not to do this again. Our guy realized his mistake and promised that he will not repeat again. The next day when our guy returned in the mid-night as usual throw the first shoe, but immediately realized his promise to his next door neighbour and quietly kept the other shoe without making any noise. The other sleeping guy by now he is used to this ritual of 2 shoes throwing noise, got up and knocked the guy’s door again and shouted “ why not you throw the other shoe of yours as well, I have to go to sleep”. Even though your investment ideas are very good and I respect, You started whining on RIL for years since the unethical RPL merger with RIL and sold all your RIL shares except those 5 shares. Now instead of disturbing our sleep and bringing night mares on RIL why not you throw those 5 shares also and concentrate on other counter and make money instead of wasting your valuable time on this hope less counter any more Jay...

By some luck CSK entered play off round. India cement investors can cheer if CSK win the IPL once again. But can RIL investors? Does RIL have stake in MI?...

Come to think of it, IPL teams are bought by chor companies...

ThnQ Aare bhai nahi mamu se nakata mamu accha.Holding since last 2 year avg at950/ regards...

Sir ji you are upset for just 5 shares of ril. Many own 1000`s of RIL shares not interested to sell also....

jai If u advise Dr to bring young blood as F.M. he wl immidietly bring yuvraj which wl b as disastrous as his UP fiasco.Pl save us from such young blood bcs atleast dhoti clad F.M. and HW scammers r better than such youngees....

sorry 2 year it was jay 0009 who termed me paanwala when I wrote to swithover from RIL.He then wrote Y I should sell my merc( RIL)and buy Ambassdor.At that time I wrote that RIL is headed for 800 and to write that he termed me as paanwala.Hope that he has sold his merc and kicked out chauffer( bcs wt is d meaning if one hv merc and drive himself)since if he has not sold his merc banks might hv seized that and he even cant buy ambassdor....

Yes RBI alone cant do anything but wt one can do when scams exposures made govt such spineless that even right decisions cant b taken by it.S.C. decision in 2G case may b right to nail d corruption but its basis of questioning govt right to formulate d policies has made ministers and big babus so nervous that it is now in a mode of NO POLICY NO BLAME NO TIHAR.It is this psych that is responsible for d situation we r in today.Alas UP election has sent shivering effects on whole govt and party.After U P ---it is SILENCE,SILENCE and only SILENCE.But then it is such scenario which should force RBI to takeover policy framework of govt just like FED tookover policy matters from d hands of USA govt in 2008 and even president had to bow to FED decisions....

Basic reason for rupee depreciation is RBI`s last 2years policy of curbing growth to fight inflation.On one side it failed in stopping inflation but only succeeded in declining growth.since high int rates resulted in decline of investment to create more production it resulted in more demand met with imported goods which is d real reason of decline of rupee.Growth with inflation is better than NO GROWTH LESS INFLATION.RBI failed d country and today bcs of that wrong theory of curbing growth is a reality facing d nation with double whammy of low growth but no respite from inflation....

jai Problem is when rupee depreciate exporters dont get full benefit bcs foreigners press for reduction in price.It is only imports which get costly and thus result in imported inflation.This I know from my personnel experience in international markets.Indian exporters dont hv d control on prices like USA/kOREA/jAPAN bcs our exports r labour oroented not tech or quality oriented.Also our exports sans few like cotton garments r import intensives like refined petro,gems,etc....

Since he cannot approch M dirECTLY LEt him send his advice through THANA-N-A who can pass on this advice to M.But then if M surrender KG fields what other tool he has to blackmail d govt and nation.Feelers r sent that if govt allows pricerise RIL can rampup gas.If this is not blackmail then wt is called blackmail?...

jai Hv u not heard such midnight knocks and throwing shalegas shoes in d midnight sp last year b4 going on short unearned leave?It is those types of midnight madness which has to b stopped first by U I still remember yr paanwala comments.So how yr merc is running?...

Basic reason for rupee depreciation is RBI`s last 2years policy of curbing growth to fight inflation.On one side it failed in stopping inflation but only succeeded in declining growth.since high int rates resulted in decline of investment to create more production it resulted in more demand met with imported goods which is d real reason of decline of rupee.Growth with inflation is better than NO GROWTH LESS INFLATION.RBI failed d country and today bcs of that wrong theory of curbing growth is a reality facing d nation with double whammy of low growth but no respite from inflation....

jai If devoted fans of RIL stops their lollypop stories to mislead poor investors even in d midnight( same like yr midnight watchman)and give false reports about uranium,shalegas,4G etc I too wl stop writing on RIL.yr advice is equally if not more should b given to such false stori writers.Atleast I hv proved right for last 3 years sp since my comments on hon,ble S.C. judgement and its implications on RIL.U might hv noticed that while I m negative on RIL,I m positive on many other shares.I m not RIL centric like other boarders....

It wl b credited only in june 1st week as record date is 31 may.Im also waiting for huge Rs 42.50 in my account which is more than a cup of cofee for me in starless restaurant.After getting 36000 crs from B.P.(Rs 105/share)RIL gave Rs 8.50/share as dividend.Balance is reserved for M`s friends like Nahta,oberoi,bahl....

streetking Markets all over d world r as unpredictable as ours.Everyone in USA market were expecting Nasdaq to go up with d listing of facebook but see wt happenned.But as far as RIL is concerned it was predicted one year b4 that it wl fall below 700 so we dont excel in something which is not exceleed by other markets.Also everything in life is unpredictable as no one knows wt next moment wl b.Only thing predictable by those who fix d match is IPL match.Today even sport min has written to F.M. to investigate IPL.Who knows some more skeltons may comeout of IPL cup in which RIL is d owner of Mumbai Indians.What a co of Mallya,Mukesh,Shahrukh,Zinta,who bought atleast cheergirls if not cheers on d face of investors of RIL,KFair,India cement,sahara,etc.Atleast something to cheer....

What a pity that a man of more than 60 years of age has to work 24 hrs without sleep just bcs currency market works for 24 hrs.But then wt a person can do to recover losses in RIL except work for 24 hrs to try and recover d losses....