Tuesday, March 01, 2005

FM Chidambaram rocks

The budget was one of the shortest n most edited given by any finance ministers in recent times... no quotes no shayri's no "main hoon na" no jokes... to da points in your face.. real busines...
India has a wonderful team at the helm of affairs Manmohan,PC, Montek and Jairam Ramesh.. Sam Pitroda, I belive is also some where in the background. i think its a good time to invest in India, We have a billion reasons to be bullish.

The best thing I liked about the budget was the 10 Rs tax on any cash withdrawal over 10000 bucks... or 0.1 % .. the entire industry and the political world is up in arms about it... they have totally forgotten the other serious proposals n taxes. Reminds me to the joke about the bicycle repair man and the pakistanis.

Vajpayee and Bush are sitting in a bar. A guy walks in and asks the Barman,

"Isn't that Bush and Vajpayee?"
The barman says "Yep, thats them." So the guy walks over and says,"Hello, what
are u guys doing?"
And Bush says, "We're planning world war 3"
And the guy says, "Really? What's going to happen?"
And Vajpayee says, "Well, we're going to kill 14 million Pakistanis and a
bicycle repairman."
And the guy exclaimed, "A bicycle repairman?!!!"
So Vajpayee turns to Bush and says, " See, I told you no-one would worry about
the 14 million Pakistanis!"

And yes the Sensex & Nifty are a bit low after hitting an all time high yesterday.