Colonisation, the phoney-money way

As the rupee threatens to fall to Rs 60 per US dollar, the Finance Minister is running around the world seeking foreign investment into India to get enough dollars to defend the rupee. Meanwhile, the public simply doubled the quantum of imports in April 2013 mocking the Government’s desperate attempts to stanch the flow through repeated hikes in import duty over the last one year. . To bring down gold imports, the Finance Minister is advising Indians to buy stocks and not gold, but they are not obliging.

Read Full Story>>