hi pkjatts,

It is not going to be good for economy neither in the long term nor in the interim period.

At a cost of Rs.15/- plus levels per one kwh, if 15000 MW of power generation is achieved in the next 15 years or so.. it will be 20 times bigger than an Enron.All dsitribution companies and transmission companies in India will bankrupt.

US is planning to spend 90 billion $ for the proposed dump to keep nuclear waste.Can India ever think of such huge expenses when 76 crore Indians are having an income lesser than 2$ per day?

regards

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Can people be so naive in any country?
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dear Nodik and Gaba,

very good posts... in fact very sensible..

Policy makers have to be very careful while green signalling the usage for fertile lands for industrilization.

I was surprised to know that in one southern state, approximately 2 lakh acres of fertile land has been either identified or acquired for setting up of SEZs.

This is scary infact...population is growing.. cultivatable land is limited.. and out of that limited land , such huge chunks are taken for industrilization...not really a healthy sign.

regards...

dear cnu112,

Instead of answering to the questions which i asked you, you have been trying to be sarcastic by saying \\` might be ur correct and intellignet then all our scientists who has supported it\\`.

In fact scientific community seriously opposed the deal. Somehow in the last minute the heads of those R&D bodies said ok for the deal for reasons better known to them.

Pls dont try to divert the topic from one point to another point as it doesnt serve any purpose.

All those scientists and policy makers know about the alternatives.

But it is Manmohan\\`s dogmatism that made India bent on this.

regards...

dear Raj,

Nice to hear from you after one month.. i was thinking about you...Hope the things are moving in the right direction at your end.

Yeah.. Rupee is bound to appreciate if not in hurry atleast in a period of 2 years.

regards...

Dr.no,

Neither Pak nor India wants war.But US wants wars throughout the world simply b\\`coz US economy is heavily dependent on defence related commercial activities.

At one hand Lockheed Martin sells F-16 planes to Pak.

At the same time Boeing offers F-18 planes to India.

If both these countries fight.. that will create some jobs in the recession stuck US economy... which in turn will give some respite to the so called financial conglemorates which are in ICU.

Not just India and Pak.. even if it happens anywhere in the world, that would benefit US.. as US is the biggest arms exporter in this Uni-polar world.

regards



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dear marketman,

Axon deal adds to the topline... but its effect on the bottomline is very limited atleast in the foreseeable future.

So as far as the bottmline is concerned, hardly can it counter the effect of a US slow down.

However the depreciating Rupee is a definite advantage for Infy in the coming quarters and it can propel the stock to better levels.

As you rightly mentioned downside is very limited in the immediate future.

But from a LT perspective of 3 to 5 years... one has to be very careful with these IT counters.

regards...

Dear friend This simply reminds of the ageold British policy of divide and rule. Further US had assumed the role of Internation Policing world over. But it has a poor success-rate. They were only successful in the disintegration of Soviet Russia, which was posing a great challenge to them in every field whether it was science or technolgy or warfare. Further it has been the policy of US not to allow any country to develop. Therefore they used a country against another as shield. They talk of democracy etc.etc. but it is only on paper. Earlier countries were a shade afraid of the magnitude of US strike potence. But unfortunately after 9/11, thier weakness is totally exposed. But despite their advanced technolgy, warfare, etc. etc. and the Great Allingnemnt on Terror, Osama is still dodging the Bush Administration. Perhaps Bush may not be able to fullfil his vow to catch him ever after his second term. Now Bush has to hand over the baton to Obama to catch Osama. Further during the recent NSG meeting regarding waiver for India, a lot of hue and cry is made on the Nuclear Proliferation. But the same countries including US were aware of the game played by Pakistan in relation to Iran, Syria and North Korea and also earlier by China in helping Pakistan's nuclear technology. Now there are reports that Reagon and Sr.Bush were aware of these developments. Tthe emergence of a strong European Union posing a challeng to US, and China and India are poised for greater developments, it is time for US to behave as a true country to the spirits of democracy and freedom. First they have to arrest their diminishing image in the internation scene, which has suffered a dent and then try to improve it. Let us hope for the best. With best wishes, Sridharan ...

It is the only clean energy alternative in the medium term (50 years) The much hyped sloar/wind alternatives are at best supplements to the major source of energy, which at the moment is fossil based & hugely polluting. The earths atmosphere cannot sustain this level of pollution for long without catastrophic consequences, which will be felt in the next few decades. Nuclear energy is a stop gap till we find a clean & sustainable alternative. Hopes have been pinned on several sources, the most promising being 'nuclear fusion' (the opposite of nuclear fission on which todays nuclaer energy is based). Nuclear fusion is the the way the sun & stars produce their energy. Experimental reactors (small) have & are being tested in the western world. In 1997 for the fist time scientists were able to get more energy out of a fusion reactor than was required to run it. This is a very small step to the global energy freedom. It will be decades before a commercial workable reactor can be erected. Several decades more before it becomes the norm . India cannot participate in this research because of the embargo on India for 'dual use' technology. So although the nuclear deal will solve India energy problem, but it will be through participation in new technologies being, which is only possible if we are cleared by NSG to get access to newest technologies in the energy feild. The govt cannot explain such a complicated matter to the population at large, hence the ruse of populists slogans. The N deal is cruicial fir India in more ways than one. ...

Dear novice1000, I am really glad to see your message which is full of startling facts. I agree with you 100%. Wide gulf of income disparity makes the society unstable. This disparity is mother of 100 vices. I can provide the big list. In my opinion you must study monumental book titled; PRICE REVOLUTION by DAVID FISCHER. He elaborates how income disparities in the past 1000 years led to major catastrophes in the world. How it afflicts whole socities with all sorts of crimes, PROSTITUTION, CHILD- LABOUR, CORRUPTION, BEGGARY, DRUG ABUSE, SCANDALS, STRIKES, SCAMS, SMUGGLING, FORGERY, THEFTS. In short, any vice you can think of. In fact we are watching these things happen around us. As time progresses further, these things will get only worse than present. I think the year around 2016 will be the terminal point. Your assessment is right. Stockmarket will rise from lows of this year to the heights in about 2013 when Nifty may be around 16,000. The bubble will be further inflated. Nifty may reach even 60,000+ by the year 2016/2017 which I reckon will be the peak of world markets including India. SURESH MITTAL...

0601 Dear novice1000, Thank you for posting your views and I wish to clarify the following K was attacking ICICI and also SBI and said the latter may escape since it belongs to GOI but the former would crash.He also said that this shock would be felt by all banking stocks whether they are party to subprime or not. Generally he was highly pessimistic about the future of Indian mkts and opined that sensex may crash to sub 10K also.By end July in his last mail he said he has the solution to avert all the crisis and intends to publish the same.Subsequently he has not posted here till now.Perhaps he is in discussion with top US financial personnel explaining them of his methodology.Soon some good news may emerge Secondly as I mentioned in my last mail,it is not my intention to dispute K or similar viewed boarders.I was just sharing my feeling that such boarders are very vociferous and blow up things out of proportion and so one has to study the situation and take his /her own decision I am just an acct holder and not a shareholder of ICICI. Now what are your views on GACL?Some strong rumour has been seeded that it would be diverting 30% of its earnings to Govt charities and welfare funds and the price has crashed by more than 15% Regards,...

Dear novice,infy will continue to maintain its topline figure in another few years even though there is shut down of many financial companies in US.... now the company is concentrating on outside US,that is very positive signal.... yes, as you said the bottomline growth may not be possible as the company has to go for aggressive marketing methods to penetrate into new markets.... so the margins will be under pressure,it has to stic to 15-20% margins in coming terms.... The main advantage for indian IT or export companies is weaker rupee,if the rupee srenghtens to its fair value of 30 against dollar in coming years.... as long as rupee presses down to lower levels intentionally,these IT companies will continue to enjoy by paying higher salaries.......

elementary that .. novice... of course the manufacturing countries have mach to gain... but there wont be any war... all thats history ...of course an iraq can happen and then the US can use up all their tools themselves....lols\regards...

dear novice1000 It is no secret. it is history. US adopted the strategy - in the countries they went to meddle, make two parties fight each other, and supply each with enough wepons. War supply is a big business and it keeps the factories running full time and profitabily. But the fights should be in other countries - not at home (US)]...