Is rising Inflation a matter of concern?

Offcourse, the rising inflation is matter of concern, we have seen that food inflation that is at 17.40 % on 16 jan,2010, which is very high. The prices of food items are increasing. the potatoes prices has been soared by 50% plus. Similarly the prices of most of the essential commodities , vegetables, pulses , sugar are soaring. The Reason for increasing the prices is lack of supply, In india the inflation is measured by WPI, the non food inflation has reached from 1.32 to 4% approx, and the prediction is that it will touch to 8%. To control this rising inflation , the RBI has hiked CRR.So the govt is taking steps to control this sharp rise in Inflation.This is one of the major problems besides infrastrutre, Fiscal deficit etc.

Extended Trading Hours

On 5 jan, 2009 SEBI taken the decision of increasing trading hours by 55 minutes, from 9:55 am to 9:00 am, while closing time left unchanged at 3:30pm. Many brokers shown discontent on this move because this 55 minutes increment will increse burden on the broker's part and will lead to inefficiency because they have to open office at 8:00 am and in metro cities it usually takes couple of hours to reach the office. This move has been welcomed only because SEBI wanted to align the Indian equity market with International market, mainly because of Singapore , SGX nifty which is nothing but the nifty 50 which is traded in Singapore stock exchange, which opens three and half hours before Indian stock market opens. This SGX nifty helps to know the FII stand in indian market, In Singapore stock exchange no trading is allowed only in derivative market (F & O)nifty future trading is allowed.On the very first of this extended hours nifty fell down but the reason expressed was lack of FII participation rather than impact of changing hours. No major change has taken places ,no volume , no profitablity has increased as expected.