Saturday, November 29, 2008

some sayings!!!

There is method in my madness - Shakespeare

"I dont need a friend who changes when I change and who nods when I nod; my shadow
does that much better"
- Plutarch

"You aren't fully dressed, without a smile"

"Dont tell God how big your problems are, tell your problems how big your God is."

There is some truth in every joke.

"Alas, said the mouse, "the whole world is growing smaller every day. At the beginning it was so big that I was afraid, I kept running and running and I was glad when at last I saw walls far away to the right and left, but these long walls have narrowed so quickly that I am in the last chamber already, and there in the corner stands the trap that I must run into.' "You only need to change your direction," said the cat, and ate it up.
- "A Little Fable" by Kafka


"Many complain that words of the wise are always merely parables and of no use in daily life, which is the only life we have. When the sage says: "Go over," he does not mean that we should cross to some actual place, which we could do anyhow if the labor were worth it; he means some fabulous yonder, something unknown to us, something he cannot designate more precisely either, and therefore cannot help us here in the very least. All these parables really set out to say merely that the incomprehensible is incomprehensible, and we know that already. But the cares we have to struggle with every day: that is a different matter. "
"Concerning this a man once said: Why such reluctance? If you only followed the parables you yourselves would become parables and with that rid of all your daily cares."
" Another said: I bet that is also a parable. "
"The first said: You have won. '
" The second said: But unfortunately only in parable. "
"The first said: No, in reality: in parable you have lost. "

- "On Parables" - Kafka Translated by Willa and Edwin Muir.

Saturday, November 15, 2008

"Some of us think holding on makes us strong; but sometimes it is letting go" Herman Hesse

Thursday, November 6, 2008

Foreign exchange reserves drop-India

India's foreign exchange reserves have dropped USD 7.87 billion during the week ended Oct 3, on account of market interventions by the central bank to stabilise the rupee and heavy selling by foreign funds.
The reserves, which include foreign currency assets, and gold, stood at $283.94 billion as on that date, as per the latest data with the Reserve Bank of India (RBI).

The fresh data comes against the backdrop of leading industry chambers asking the government to set up a $7-$8 billion fund with reserve money available as foreign exchange to invest in Indian securities and debt markets.

"This fund will ultimately make a profit as Indian asset prices are likely to increase in the longer term," the Confederation of Indian Industry (CII) said in a statement.

"This will also have the benefit of creating a floor for asset prices and prevent further depreciation in the rupee."

Since the beginning of the current fiscal, foreign exchange reserves are down as much as $25.78 billion taking into account the actual position and the account the effect of appreciation or depreciation of non-US currencies like Euro, Pound-Sterling and Yen, held in reserves.

One of the main reasons for the depletion can be attributed to the net sales in equity markets by foreign funds.

The net sales by foreign institutional investors (FIIs) amounted to $932.8 million during the current month and $10.05 billion during the year.

The net cumulative investments by foreign funds now stand at $56.28 billion, based on the reports submitted to the markets watchdog by the custodians till Friday.

Friday, October 31, 2008

The forex market is a near-seamless 24-hour market

Subject to available liquidity, FXCM offers trading from Sunday, starting after 5:15 PM EST, until Friday, 4PM, EST (FXCM Client Service is available 24/7). With the ability to trade around the clock, currency traders have the advantage of customizing their own trading schedule; they can usually get in or out of the market at any time without waiting for an opening bell or encountering a market gap. While trading stocks after usual market hours is possible, very often that possibility is negated by a lack of order flow or a drastic widening of the bid-ask spread.

Thursday, October 30, 2008

love!!

"Love´s nothing else than a war in which both are the winners".

Wednesday, October 29, 2008

Bhagavad Gita!!

||Yoga of Renunciation of Action with Right Knowledge||

Said Lord Supreme:

"I preached this imperishable yoga to Vivasvata (Sun) who taught it to Manu and who in turn imparted it to king Ikshvaku.""The saintly kings who received it by tradition knew it, but in the course of time it was lost, O Parantapa"The same yoga of antiquity I shall teach you today. Since you are not only my devotee but also a dear friend of mine, I shall reveal to you this great mystery."Said Arjuna:

"You are born in the recent times. Vivasvata was born in the antiquity. How am to believe that you taught it Vivasvata of ancient times?"




Monday, October 27, 2008

Wish you & your family a very HAPPY DIWALI

May this festival fulfill all your dreams and bring you Health, Peace and Wealth

Sunday, October 26, 2008

Economy of India!!

The economy of India, measured in USD exchange-rate terms, is the twelfth largest in the world, with a GDP of around $1 trillion (2008).[3] It recorded a GDP growth rate of 9.1% for the fiscal year 2007–2008 which makes it the second fastest big emerging economy, after China, in the world.[4] At this rate of sustained growth many economists forecast that India would, over the coming decades, have a more pronounced economic effect on the world stage. Despite this phenomenal rate of growth, India's large population has a per capita income of $2,659, measured by PPP, and $978, measured in nominal terms (revised 2007 estimate). India's economy is diverse and consist of various activities including manufacturing, agriculture and services. Although most of the Indian workforce still earns its livelihood directly or indirectly through agriculture and manufacturing, high tech services are a growing sector and play an increasingly important role in India's economy. The advent of the digital age, and the large number of young and educated populace fluent in English, is gradually transforming India as an important 'back office' destination for global outsourcing of customer services and technical support. India is a major exporter of highly-skilled workers in software and financial services, and software engineering. Other sectors like manufacturing, pharmaceuticals, biotechnology, nanotechnology, telecommunication, shipbuilding, aviation , tourism and retailing are showing strong potentials with higher growth rates.

India followed a socialist-inspired approach for most of its independent history, with strict government control over private sector participation, foreign trade, and foreign direct investment. However, since the early 1990s, India has gradually opened up its markets through economic reforms by reducing government controls on foreign trade and investment. The privatisation of publicly owned industries and the opening up of certain sectors to private and foreign interests has proceeded slowly amid political debate.

India faces a fast-growing population and the challenge of reducing economic and social inequality. Poverty remains a serious problem, although it has declined significantly since independence.

scorpions beware!!

Keeping your emotions to yourself is nothing new, yet today you may be able to rationalize your secrecy. Instead of hurting someone's feelings with your own disclosure, you prefer to encourage others to share their vulnerabilities. It's easier now to listen than it is to talk, unless you are with a trusted friend. But even in this case, be careful about revealing too

love!!

"The love of my life came not as love unto others is cast; for mine was a secret wound - but the wound grew a pearl, at last." Edith