Wednesday, October 24, 2007

India battles monkey(FII) menace

India battles monkey(FII) menace
People Trading/Investing in India have grappled with the monkey(FII) menace for many years now and over the past weeks things have gone from bad to worse.

The worst hit of monkey menace are the main areas of Dalal street,bandra kurla complex,kalbadevi,dahisar,borivili and all parts of mumbai and gujarat.

The SEBI and the RBI are responsible for keeping the monkey population in check.But neither repeated reminders from the Poor Retail Investors or the India Traders/Operators Association have made them come up with a solution to the problem.

This month in October,Our Hon.Finance Minister directed his agencies,the monkeys must be regulated and registered within a week.

The SEBI says it is finding it difficult to track them .

In the latest effort,a team of monkey catchers from School of Economics and Finance have been directed to come with necessary measures to control them by hook,crook or cook method.

And till the team reports some success,Investor/Traders/Operators of india will have to grapple with a pest who has been growing bolder by days.
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