Tuesday 28 January 2014

IS VEERAPPA MOILY trying to save the CONGRESS?

The lawyer turned politician has headed five crucial ministries in less than five years. He now heads contentious environment ministry and he is doing tremendous job since he joined environment ministry. The oil and natural gas minister wisely handling both oil and environment ministry, in less than one month he has cleared more than 280 pending cases in environment ministry and he also has cleared the POSCO case. After a getting all clearances, POSCO  is going to invest 52000 cr rupees in India which is India's biggest foreign direct investment as well, so we can say it will provide a lot of jobs for Indians which is very good news for Indian economy. Moily is taking decision very rapidly in tenure of the "policy paralysis" where every politician is scaring from ANNA HAZARE and ARVIND KEJRIWAL. So the we can see how the Moily is handling both ministries and taking decision very fast. Is Moily trying to save congress or he is doing his work only? whatever he is doing now is the lucrative for Indian economy

Tuesday 7 January 2014

Will the Bitcoin replace the Dollar as a global currency???????

It is very difficult to say that the Bitcoin will replace the Dollar as a global currency. Bitcoin is a volatile virtual currency which is not athorised by any government or country but the $ is a currency of the U.S. which is most powerful and third gigantic populated nation of the world. Facebook,Google,Twitter,Yahoo,McDonald,Apple,Intel,General Motors,General Electric,Ford are the most powerful example why the U.S. dominate the world, but now the story of Bitcoin is very different because the world is moving very rapidly toward computerisation so the Bitcoin may become the global currency because it is a computer program not a hard currency like Dollar or Euro.Initially 1 Bitcoin was a equivalent to $9 in 2011 but now just after 2 year 1 Bitcoin is equivalent to more than $ 1000, so we can see that how the virtual currency is tremendously fluctuating that means it is getting popularity among the trader. But the question is that will it increase further or decrease?
or will countries ban it ?