India , of late is creating sensations.
It is a fascinating country.
Poverty , snake charmers, bumpy roads were the watch words of India.
But the ambience of the ancient country has transformed .
It has become a super economic power.
It is the first to come out of the recession.
It has put all the wealthy nations in the back seat.as it had quietly fulfilled the transaction of gold from IMF. It has bought 200tonnes of gold for $6.7billion.
This dramatic move will bring down the startling price of gold.
The world stands amazed.
The European nations are bewildered.
China is disappointed, as it was considered a prospective buyer.
Unexpectedly, India has become the most eligible bachelor to woo the golden bride from IMF
It has successully won the hands of this charming yellow golden girl.
India'sforeign exchange reserves held at the central bank totalled $285.5 million on OCT 23, of which gold acounted for of $10 billion. The latest purchase will lift its share of gold reserves to 6%rom 4%., which is less than most developed countries , but more than 4 times of China's share.
IMF's sale of gold is part of its policy to extend loans in concessional rates to the poorest countries.
India and China had promised to buy Gold from IMF , to enable them to promote the specific cause.
.
Tuesday, November 3, 2009
The Three Bears.
Reading the various articles about economy, about inflation, about recovery, about unemployment and about health reforms,make everyone of us prosaic and disenchanted.
To revive my enthusiasm , I settled to go through the children's tale Goldilocks And Three Bears
It was a pleasant sojourn.
Goldilocks experience in the house of the Three Bears,has relevance to the economy.
She after a walk in the forest , knocks at the door of the house.
As she gets no response,enters .
She tries the various chairs, that of the father, mother and the baby.
She inds the little chair comfortable.
She , then starts tasting the porridge in the three bowls.
Again the analysis takes place, the father's is too hot, mother's is too cold, and the baby's is just right.
She ate it all up.
After the meals , she wants to sleep.
Once again the test of resistance is carried out.
The first bed is too hard, the second one is too soft, the third one is just right.
She sleeps peacefully, until the family of bears come in.
The world is in a state to chose the right direction, that which befits the necessity, that which focuses on the requirement,that which is appropriate at the present context.
As Goldilocks lost her way in the forest and became hungry, so the world economy has been led astray by infinite forces and has been pushed to a stage of despair.
As the young girl chose the right chair.
The economy has to select the right policy.
As the little one found the best meal.
The analyst have to identify the exact solution.
As Goldilocks decided on the proper bed, which is neither too hard or too soft.
The government has to chart out a revival plan that is neither rigorous, nor mild
Krugman recommends a liberalised stimulus. He wants more injection of funds to sustain the economy , which has turned to a path of recovery.
Other economists feel, further advancing will splatter the economy.
A reference to this ordinary child's story gives valid disclosures.
To revive my enthusiasm , I settled to go through the children's tale Goldilocks And Three Bears
It was a pleasant sojourn.
Goldilocks experience in the house of the Three Bears,has relevance to the economy.
She after a walk in the forest , knocks at the door of the house.
As she gets no response,enters .
She tries the various chairs, that of the father, mother and the baby.
She inds the little chair comfortable.
She , then starts tasting the porridge in the three bowls.
Again the analysis takes place, the father's is too hot, mother's is too cold, and the baby's is just right.
She ate it all up.
After the meals , she wants to sleep.
Once again the test of resistance is carried out.
The first bed is too hard, the second one is too soft, the third one is just right.
She sleeps peacefully, until the family of bears come in.
The world is in a state to chose the right direction, that which befits the necessity, that which focuses on the requirement,that which is appropriate at the present context.
As Goldilocks lost her way in the forest and became hungry, so the world economy has been led astray by infinite forces and has been pushed to a stage of despair.
As the young girl chose the right chair.
The economy has to select the right policy.
As the little one found the best meal.
The analyst have to identify the exact solution.
As Goldilocks decided on the proper bed, which is neither too hard or too soft.
The government has to chart out a revival plan that is neither rigorous, nor mild
Krugman recommends a liberalised stimulus. He wants more injection of funds to sustain the economy , which has turned to a path of recovery.
Other economists feel, further advancing will splatter the economy.
A reference to this ordinary child's story gives valid disclosures.
Monday, November 2, 2009
Ford On Board.
Ford earns a whooping $997 million inthe third quarter.
It is the first operating proit of the company since early 2008.
Ford has turned round without taking government money.
The chief architect of this pretty recovery is the Chie Executive Officer Alan Mullally.
He has saved the company from filing bankruptcy.
General Motors and Chrysler restructured themselves by taking part in the stimulus.
Mullaly brought in profits by ensuing sales momentum and cleverly avoiding bail out package. Its shares gained by 20cents.
The managemnt envisages a strong profit in 2011
Certain hurdles are to be overcome.
Ford's entry into the equity market was kept low. The accrued $565 million was utilised to improve Ford's balance sheet.
Ford took incentives from the "cash for clunkers"programme.
It made a hatrick in loss making.The losses for three years mounted to $30 billion.
Ford is the odd man out.
The prediction that it would make sizeable profit in 2011 is a welcome sign.
In an year of acute recession , the results of this auto maker is encouraging.
Many more similar results are anticipated.
Earning profits not only strenghthen the company but pull the stock markets from the blue.
It is the first operating proit of the company since early 2008.
Ford has turned round without taking government money.
The chief architect of this pretty recovery is the Chie Executive Officer Alan Mullally.
He has saved the company from filing bankruptcy.
General Motors and Chrysler restructured themselves by taking part in the stimulus.
Mullaly brought in profits by ensuing sales momentum and cleverly avoiding bail out package. Its shares gained by 20cents.
The managemnt envisages a strong profit in 2011
Certain hurdles are to be overcome.
Ford's entry into the equity market was kept low. The accrued $565 million was utilised to improve Ford's balance sheet.
Ford took incentives from the "cash for clunkers"programme.
It made a hatrick in loss making.The losses for three years mounted to $30 billion.
Ford is the odd man out.
The prediction that it would make sizeable profit in 2011 is a welcome sign.
In an year of acute recession , the results of this auto maker is encouraging.
Many more similar results are anticipated.
Earning profits not only strenghthen the company but pull the stock markets from the blue.
Carousing In Music
The storm is raging powerful,this evening.
It is all pervasive.
Doors slam, windows rattle,trees swing, boo..... boo, strikes the wind.
The loudness is deafening.
The deluge is overwhelming, this evening
It is all powerful.
Gardens ovelow, rivers flood, oceans roar, thud ...... thud .beats the rain.
The noise is baffling.
Locking myself in my room, I switch on my twenty our hour music channel Sruti.
Moderating the volume, I listen to the raga Kalyani.
The musical intepretaion is so exciting.
Kalyani is the most beautiful ragas in carnatic musi.
It stirs you.
It thrills you.
It enriches you.
It enraptures you.
The alapana of the raga by M.S.Subbalakshmi,brings exhilaration, and beatitude .
Drenched in the melody of the rendition , I became almost unaware of the discordant bangings in the open space.
The song which followed the alapana is "Nidhi sala sugama" by Saint Thiagaraja.
The articulation of the words is so gripping , that I perceive the saint breaking down sobbing, while the King offers gifts in a golden platter. The King ,in return asks Tyagaraja to eulogise him in his songs.
The saint refuses the materialistic pleasures
The pent up emotions spontaneously oveflow as "nidhi sala sugama". He sings in his beautiful voice
"Spiritual bliss is the essence of my life.,
Money and fame do not bother me"
The King walks away with his worthless gifts.
M.S. in her own resplendent style, adds colour to Tyagaraja's contribution.
I experience the tweaks of the drunkard as I have filled myself with the most intoxicating drink.
Raga Kalyani makes me wobble.
Melody sends my head whirling.
I feel dizzy.
My eyes gradually fold.
I revel in "eternal Bliss"
The tumultuous melodrama in the outer space resolves.
There is dumb silence.
It is exactly an ecstatic rendez- vous with the Eternal.
It is all pervasive.
Doors slam, windows rattle,trees swing, boo..... boo, strikes the wind.
The loudness is deafening.
The deluge is overwhelming, this evening
It is all powerful.
Gardens ovelow, rivers flood, oceans roar, thud ...... thud .beats the rain.
The noise is baffling.
Locking myself in my room, I switch on my twenty our hour music channel Sruti.
Moderating the volume, I listen to the raga Kalyani.
The musical intepretaion is so exciting.
Kalyani is the most beautiful ragas in carnatic musi.
It stirs you.
It thrills you.
It enriches you.
It enraptures you.
The alapana of the raga by M.S.Subbalakshmi,brings exhilaration, and beatitude .
Drenched in the melody of the rendition , I became almost unaware of the discordant bangings in the open space.
The song which followed the alapana is "Nidhi sala sugama" by Saint Thiagaraja.
The articulation of the words is so gripping , that I perceive the saint breaking down sobbing, while the King offers gifts in a golden platter. The King ,in return asks Tyagaraja to eulogise him in his songs.
The saint refuses the materialistic pleasures
The pent up emotions spontaneously oveflow as "nidhi sala sugama". He sings in his beautiful voice
"Spiritual bliss is the essence of my life.,
Money and fame do not bother me"
The King walks away with his worthless gifts.
M.S. in her own resplendent style, adds colour to Tyagaraja's contribution.
I experience the tweaks of the drunkard as I have filled myself with the most intoxicating drink.
Raga Kalyani makes me wobble.
Melody sends my head whirling.
I feel dizzy.
My eyes gradually fold.
I revel in "eternal Bliss"
The tumultuous melodrama in the outer space resolves.
There is dumb silence.
It is exactly an ecstatic rendez- vous with the Eternal.
Uneasy Calm
Is it an uneasy calm before a storm?
Uncertainity prevails.
Governance all over is perturbed.
Injection of funds have brought in a congenial diaspora.
What will happen , if the stimulus is withdrawn?
The Economy is k3ept alive by implementing no interst?
What will be the out come , if the rate is hiked?
A delicate , delinquent crisis is boggling the world in general and U.S.in particular.
The consumers , are awry.
Spending has fallen drastically.
Banks are facing closure.
Unemployment looms large.
The Finance secretariat is tricked by scams and scandals.
Madoff scandal gives out voluminous accounts of inaccuracy .
Galleon hedge fund trading has incorporated in its memorandum irregular , illegal ,unthinkable , articles in his
We get scoops , which are mind blowing.
Madoffs operations had shown doubltul practices, suspicious mode of business.
The exposition was not immediate . The unruliness was not addressed/
The Fed had information of the detention.
But kept quiet.
This purposeful negligency forces a mistrust in the administration.
The passive spectatoral role of the government does not augur well.
Those in authority are silenced by the reward they get from the misdoers.
Rewards are the pay out for actions accomplished, not a remuneration to endorse illegsl course of transactions.
The hard earned money of the investor is knowingly dragged and emptied into the ocean of vile, cheat and perfidy.
A thorough vigilant supervisory regulation is mandatory.
We have to go back to the days of strict licensing.
Liberties and freedom should be monitored , as an excess will direct to a chaotic promiscuous leverage.
Uncertainity prevails.
Governance all over is perturbed.
Injection of funds have brought in a congenial diaspora.
What will happen , if the stimulus is withdrawn?
The Economy is k3ept alive by implementing no interst?
What will be the out come , if the rate is hiked?
A delicate , delinquent crisis is boggling the world in general and U.S.in particular.
The consumers , are awry.
Spending has fallen drastically.
Banks are facing closure.
Unemployment looms large.
The Finance secretariat is tricked by scams and scandals.
Madoff scandal gives out voluminous accounts of inaccuracy .
Galleon hedge fund trading has incorporated in its memorandum irregular , illegal ,unthinkable , articles in his
We get scoops , which are mind blowing.
Madoffs operations had shown doubltul practices, suspicious mode of business.
The exposition was not immediate . The unruliness was not addressed/
The Fed had information of the detention.
But kept quiet.
This purposeful negligency forces a mistrust in the administration.
The passive spectatoral role of the government does not augur well.
Those in authority are silenced by the reward they get from the misdoers.
Rewards are the pay out for actions accomplished, not a remuneration to endorse illegsl course of transactions.
The hard earned money of the investor is knowingly dragged and emptied into the ocean of vile, cheat and perfidy.
A thorough vigilant supervisory regulation is mandatory.
We have to go back to the days of strict licensing.
Liberties and freedom should be monitored , as an excess will direct to a chaotic promiscuous leverage.
Sunday, November 1, 2009
It Is This And It is That.
Economy is recovering , says Obama.
The stimulus package of $787 billion has bailed out the economy from a recession.
The implementation of tax-cuts has also helped the gain in economy.
There is 3.5% growth in GDP.
Unemployment is yet to be targetted.Obama's administration proudly puts forward that it has created 650,000 jobs this year.
Unemployment topped 10% in October as against 9.8% in September.A contradictory statistics,gets us into a confused melange.
Obama is not upbeat about this issue.
He fumbles with his hands , as every maid does , when they are caught unaware of the mess they make while doing the household chores.
He retorts saying that the previous government is responsible for the economic fall and employment trouble.
Obama takes credit for the goodnews,and tries to shift responsibilty or the bad news to his predecessors. The economy itself is in a dilemma. It is convalescing. It will not drop dead. But may slip to coma, if not taken care off properly.
It is a recovery here and a setback there.
The two eventualities , progresson one side, retrogration on the other have a tug of war
between them .
The result is eagerly awaited.
The stimulus package of $787 billion has bailed out the economy from a recession.
The implementation of tax-cuts has also helped the gain in economy.
There is 3.5% growth in GDP.
Unemployment is yet to be targetted.Obama's administration proudly puts forward that it has created 650,000 jobs this year.
Unemployment topped 10% in October as against 9.8% in September.A contradictory statistics,gets us into a confused melange.
Obama is not upbeat about this issue.
He fumbles with his hands , as every maid does , when they are caught unaware of the mess they make while doing the household chores.
He retorts saying that the previous government is responsible for the economic fall and employment trouble.
Obama takes credit for the goodnews,and tries to shift responsibilty or the bad news to his predecessors. The economy itself is in a dilemma. It is convalescing. It will not drop dead. But may slip to coma, if not taken care off properly.
It is a recovery here and a setback there.
The two eventualities , progresson one side, retrogration on the other have a tug of war
between them .
The result is eagerly awaited.
Strategy Of Money Making.
Ethics ,Moral, Justice do not have any significance in today's business.
Business ethics is a bygone concept.
Profits account for a succesful venture.
The way to accrue revenue is the prime concern.
This motivation of reaping gain has been misconstrued in the modern world.
Let us take a commodity- gold.
Gold price is approximately $1043 per ounce.
This includes various charges, like procurement, brokerage,etc.
The fluctuating market drives one to buy.
As gold is a tempting investment , investors flock to buy the metal.
The seller , guaging the interst, holds back.
The buyer , apprehending a rise in price , tries his best to compel the jeweller to sell.
The latter, after much persuasion, accepts to sell it $1050 per ounce.
The transaction shows a profit margin of $7.
But this apparent margin is not the real profit.
There are innumerable intricaies which have latent value.
The seller would have accumulated gold for cheap price, when the markets were down for a day.
The next day the price rises in no realistic terms .
The dealer got the news from the insider, who according to t restrictions, should not have revealed the details.
But money plays the truant.
Not everyone can access this insider tip of.
It is those, who have high range alliances, who have the buying power, ,who can kill their conscience,can accomplish. This proactive performance is praised as a stellar one.
The stock markets go up and down by such manipulations.
Merging detail of a company X with a company Y , shoots up the stock value of X and Y., which is ranging between $2-$3.
MR Dogood, knows in advance,with the insider MR. DOmuch confiding the details.
Mr Dogood covers say 100,000 of the stocks of X and Y .
Once the amalgamation is announced , stocks rise.. It goes up to$6. Mr DOgood sells his stock.
He makes a neat profit
C.P of 100,000 shares =100,000 x2.5= $250,000.
S.P of 100,000 shares =100,000x6 = $600,000.
Gross profit = $350,000.
Deducting 10% (expenses) = $35,000
Nett profit (includes2% brokerage) = $315,000
Amazing ,is it not?
Mr. Dogood gives 2% as brokerage to Mr Domuch, for hs tips.
But where is the ethic, moral and justice?
This illicit , illegality can be termed as prostitution.
A woman sells her body to earn her livlihood.
It harms her alone.
The anecdote of Dogood and Domuch is absolute cheating. .The two have traded body, mind and thought. It is a dirty prostitution.
The world hails such prolific squanderes as billionaires, as tycoons, as business magnates , but scorns at the poor woman who ekes out a sordid living.
This powerful investor has deprived the rights of the small time counterpart, who has less money, less contacts, and above all who has a conscience.
The righteous lie low.
The just make little money.
The contented are beckoned as imprudent, lazy, and idiots.
well, these great souls depart from the world, unlamented, unsung.
In validity, they have lived an exemplary life inflicting none, harassing none.
.
Business ethics is a bygone concept.
Profits account for a succesful venture.
The way to accrue revenue is the prime concern.
This motivation of reaping gain has been misconstrued in the modern world.
Let us take a commodity- gold.
Gold price is approximately $1043 per ounce.
This includes various charges, like procurement, brokerage,etc.
The fluctuating market drives one to buy.
As gold is a tempting investment , investors flock to buy the metal.
The seller , guaging the interst, holds back.
The buyer , apprehending a rise in price , tries his best to compel the jeweller to sell.
The latter, after much persuasion, accepts to sell it $1050 per ounce.
The transaction shows a profit margin of $7.
But this apparent margin is not the real profit.
There are innumerable intricaies which have latent value.
The seller would have accumulated gold for cheap price, when the markets were down for a day.
The next day the price rises in no realistic terms .
The dealer got the news from the insider, who according to t restrictions, should not have revealed the details.
But money plays the truant.
Not everyone can access this insider tip of.
It is those, who have high range alliances, who have the buying power, ,who can kill their conscience,can accomplish. This proactive performance is praised as a stellar one.
The stock markets go up and down by such manipulations.
Merging detail of a company X with a company Y , shoots up the stock value of X and Y., which is ranging between $2-$3.
MR Dogood, knows in advance,with the insider MR. DOmuch confiding the details.
Mr Dogood covers say 100,000 of the stocks of X and Y .
Once the amalgamation is announced , stocks rise.. It goes up to$6. Mr DOgood sells his stock.
He makes a neat profit
C.P of 100,000 shares =100,000 x2.5= $250,000.
S.P of 100,000 shares =100,000x6 = $600,000.
Gross profit = $350,000.
Deducting 10% (expenses) = $35,000
Nett profit (includes2% brokerage) = $315,000
Amazing ,is it not?
Mr. Dogood gives 2% as brokerage to Mr Domuch, for hs tips.
But where is the ethic, moral and justice?
This illicit , illegality can be termed as prostitution.
A woman sells her body to earn her livlihood.
It harms her alone.
The anecdote of Dogood and Domuch is absolute cheating. .The two have traded body, mind and thought. It is a dirty prostitution.
The world hails such prolific squanderes as billionaires, as tycoons, as business magnates , but scorns at the poor woman who ekes out a sordid living.
This powerful investor has deprived the rights of the small time counterpart, who has less money, less contacts, and above all who has a conscience.
The righteous lie low.
The just make little money.
The contented are beckoned as imprudent, lazy, and idiots.
well, these great souls depart from the world, unlamented, unsung.
In validity, they have lived an exemplary life inflicting none, harassing none.
.
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