Looks like more rate hikes are on the way
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Subramaniam Swamy:Abolish Income Tax
Wish political parties were to include this in their manifesto !!
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Jignesh Shah to Investors:Ask Lord Balaji
“I strongly believe I have an equal responsibility to FT minority shareholders. At the same time, we understand the pain of the investors and I am going to have a dialogue with the NSEL Investors Forum. Please understand that this company should not be judged by NSEL.
And, if we can get any support from the government, it will be desirable and I fully understand the government’s stand — it’s an unregulated exchange and you all know that we have been a victim and the fraud has happened, whatever it is.Soon, we will come out with a formal paper” Jignesh Shah said.
On how much time it would take to set things right, Shah replied: “You have to ask Lord Balaji. What I can say is we want to focus. The more of a combined force we are, we will be able to recover. First, I will meet the investors’ forum. My individual thoughts may not be of that great importance; let us be institutionalised.”-from BS