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We find the common man who has no ambition or who is not greedy but be content with what he has, normally deposits his well earned money in bank deposits or in post office savings scheme .He needs the money for the marriage of his children or for their education.Normally he expects his deposits are safe & he would get it back as and when he needs it We see in recent weeks that many wellknown banks & financial institutios all over the world are in great financial crisis as a result of subprime issue.Many western countries now try to inject govt. money into banking system in order to stabilise the system. They also take action to guarentee the depositors that their money with the banks are safe.For instance as per todays news in the Hindu,Mr.PAUL KRUNGMAN this year`s Nobel Prize winner for economics states that British govt. has taken quick steps to stabilise the financial system in their country.He praises the PM of UK for his bold step.British Govt. went staight to the heart of the problem and moved to address it with stunning speed.This combination of clarity and decisiveness of British Govt.has not matched by any other country.
I wonder whether our Govt. is taking such effective steps to safeguard the interest of middle-class people`s deposits in banks.Some rumours are going round that depositors may face risk if the banks go bankcupt.We wish our Govt. should take urgent steps and inform public though media and assure the depositors and dispel their anxieties.Will it do ?...
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Indian banks through their overseas branches and subsidiaries have
a combined exposure of around $1 bln to five troubled institutions--Wachovia,
Washington Mutual, AIG, Fortis, and Lehman Brothers. (BS)
...
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Google has come up with a way to stop people sending embarrassing e-mails when they are DRUNK - Mail Goggles.
Gmail engineer Jon Perlow wanted to come up with a system to stop people sending messages they might regret in the morning when they have sobered up.
The Google Goggles make somebody solve some easy maths problems before allowing them to send a message.
If they cannot solve the problem, then they will not be allowed to send mail.
Mail Goggles, currently in a testing phase, can be activated by Gmail users clicking `Settings; at the top of a Gmail page and then going to the `Labs` section.
Writing on a Google blog, Mr Perlow said: "Sometimes I send messages I shouldn`t send. Like the time I told that girl I had a crush on her over text message. Or the time I sent that late night email to my ex-girlfriend that we should get back together.
"When you enable Mail Goggles, it will check that you`re really sure you want to send that late night Friday email. And what better way to check than by making you solve a few simple math problems after you click send to verify you`re in the right state of mind?"
The facility is only available late at night or at weekends - the time that Mr Perlow believes people are likely to want to use it.
...
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everybody invester this is american wealth war so you dont mind i sall this stock please wait when good day will come in america at that time all stock will be fast run.
u have onlyon just few day in market will full golden day and after fall this is truth.so at this time do not buy any stock
...
If STT will get reduce then and short shell will be banned.. then it can effect the market in big positive manner...straight n simple......
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Endorsing the views of the Russian Communist Party that the USA is not a “trustworthy financial leader”, Russian Prime Minister Mr Vladimir Putin today said that America, hit by a financial turmoil, could never regain its status in the global market.
“Trust in the United States as the leader of the free world and free economy, and the trust in the Wall Street as the centre of this trust has been lost, and I believe, for ever. Return to the previous situation will not be possible any more,” Mr Putin said at his meeting here with the Communist lawmakers.
“This is not only my view. European leaders, experts, presidents of central banks and finance ministers also directly or indirectly saying this,” Mr Putin said in his televised remarks.
The leadership of the Russian Communist Party was \`absolutely right\` in the assessment that the USA is “not a trustworthy\` financial leader of the world”, Mr Putin said.
He had last week blamed the USA for displaying “irresponsibility and failure to take adequate measures” at the time of snowballing global financial crisis.
-The statesman net...
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Bank of New York Mellon (BNY Mellon) acquires JPMorgan Trust Bank in Japan ...
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I think what made a difference was the fact that Gujarat has been able to define the land and give us the possession. Land is the main thing that takes much time. Gujarat has done it in an unbelievably fast manner and given all approvals and permissions with great speed. You know if it were possible to transport or move the plant in a day we could have been in business the next day at this location in Gujarat. But we are not dealing with something that can be moved in a day.
We were in Gujarat even at that time as we have Tata Chemicals here. But we didn\`t talk of this project at that time, although I think Mr Modi told me jokingly, \"You are having trouble there. You come here and I will give you everything.\" Now, we are here, as luck would have it.
The people who have made this issue of land-for-land — will they prosper? Has anything been done to increase their yeilds, their income levels? Many of them are below subsistence levels — they say so themselves. On the one hand, they talk of drinking their money away or not having money, and on the other hand, they talk of having their land back. I mean are we doing anything to improve their lot? These are the questions that come to my mind. So, political opposition should hold the country first and not themselves. That\`s all I am saying. - RATAN TATA
Arindam Sen Gupta & Bharat Desai,TNN & TOI...
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* Bajaj Electricals: To hike compact fluorescent lamp manufacturing capacity
to 40 mln units from 3 mln now. (DNA)
.
* BHARTI AIRTEL: Announces launch of direct-to-home satellite TV service and
to begin marketing its DTH service, Airtel Digital TV, Thursday through a
network of 21,000 retail points across the country. (CNN)
.
* BPCL: The company and HPCL, IOC have asked airline companies to settle dues
for aviation turbine fuel or supplies will be stopped. (DNA)
.
* MAHINDRA & MAHINDRA: Is working on sports utility vehicles based on biodiesel,
electric-diesel hybrids and plug-ins for US market. (DNA)
* ONGC: Joint venture with Mittal Energy plans $4 bln refinery in Nigeria. (ET)
.
* TATA CONSULTANCY: Tata Sons sold 1% stake in the company last week for 7.01
bln rupees. (ET)
.
* TATA MOTORS: Signs a memorandum of understanding with the Gujarat government
to set up the mother plant for its small car, Nano, at Sanand near Ahmedabad.
(CNN)
.
* UNITED PHOSPHORUS: To spin off toxic gas detection instruments business.
(Mint)...
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IRS body blames govt for ignoring Pay Panel
...
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MEDIA PICKS~~~
HOME FRONT---
* MNC techie sent terror mails; 3 Pune youth among 20 in police custody (ToI)
* Cash for vote: Panel finds no evidence against Amar Singh (ET)
* Assam violence toll rises to 40, ethnic cleansing suspected (PTI)
* India, Pakistan water talks this month (PTI)
* Slain Batla House cop\`s kin snub Amar Singh, returns cheque (ToI)
* Police say Mumbai was next terror target (AA)
* 231 detained after rave party bust in Mumbai (var)
FOREIGN AFFAIRS----
* At least 30 dead, scores injured in Tibet quake (PTI)
* Zardari backtracks on remarks on \`terrorists\` in J&K (PTI)
* Lankan Air Force pounds LTTE base, 25 LTTE militants killed (PTI)
* Obama lead forces McCain to attack (FT)...
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The government and financial regulators are set to ease some of the restrictions imposed on foreign portfolio investors last year.
The move is part of an effort to bolster capital inflows which have been slowing down lately, according to persons familiar with the matter.
Capital market regulator the Securities & Exchange Board of India (SEBI) is likely to discuss a proposal to this effect at its board meeting today....
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* Board Meeting of Securities and Exchange Board of India.
* Board Meeting of Jaipan Industries to consider issue of bonus shares, and
proposal of raising equity by issue of GDR/FCCB.
* Annual General meet of Mastek.
NW 18...
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Sarosh Shaikh, whose mother is a dedicated teacher in Ahmedabad, says, “In my childhood, I used to go to gardens to play with my friends at the time of Gauri Vrat, I used to do Garba wearing Chaniya Choli, but now I don’t know how I can make my daughter understand these things.” Sufiyan, 36, is a devout Muslim and an owner of a discotheque in Lucknow. He organises the annual beauty pageant of ‘Miss Lucknow’ through his event management company, ‘Rampage’.
“I am equally comfortable when I order my waiters to serve drinks at the pub soon after I have done ‘iftar’ with my family,” says the suave Sufiyan. “There is no conflict between the two parts of my life. I don’t drink myself and I do nothing which violates Islam or is against the basic ethics of business. Some people have told me that as a Muslim I should not be in this business. But as long as I earn my living honourably, I don’t see why anybody should raise a finger,” he says confidently.
Confident and diffident, sad and hopeful, with great faith in Islam and with respect for other faiths, Muslims in India are fighting the silent battle against demons inside the community and around them. That is the heroic story of ordinary Muslims.
DNA......
( let`s help them to believe deeply in peace, love and toleration between all peoples and fill comfortable in their own country)...
In reply to:
Invisible Muslims: their fears and dreams...............
Posted by :
latikav
Inamullah Sheikh, 59, a civil contractor in Bandra (West) expresses the common frustration felt by ordinary Muslims after terror attacks and bomb blasts: “The community on the whole has nothing to do with the terrorists. It just happens that all those who are caught are Muslims. A few members of the community get involved in such crimes for money and the entire community is labelled as terrorist.”
But he does not despair. He believes that in Mumbai, people stand up for each other across the religious divides. “Despite all odds, people here stand up for each other when in need”, he says. And there is the touching loyalty that many Mumbaikars feel for the city: “We earn our bread and butter in this city. I want to live my life in peace along with people from other communities.”
SGA Zaidi of Rizvi College of Arts, Science and Commerce feels that things began to change for Muslims after the demolition of Babri Masjid in 1992. Zaidi, who moved to Mumbai from Madhya Pradesh in 1980, says, “”When I joined the teaching community, the scenario was entirely different. The changes started after the demolition, when the first seeds of distrust were sown.”
The younger generation feels a sense of hurt much more intensely, which can be seen in the heartfelt complaint of Zaidi’s daughter, Shameela, who works as a human resources professional, “Most of my friends are Hindus or Christians. I know the Gayatri Mantra by heart, but none of my friends know even a verse from the Holy Quran.” That is not a charge that anyone from the other side can dispute easily.
Zaidi points to the wide communication gap between Hindus and Muslims. He says, “Many believe that Roza is a form of feasting after dusk. Roza is observed so that we, the privileged ones, know the pains of hunger and develop empathy towards the less fortunate. We donate alms in the form of food to the poor at the end of Roza.” Now that is a meaning that escapes most people, even among Muslims.
Khan Abdus Samee, 34, a teacher living in Dockyard Road in a joint family which had been there for 70 years, has no illusions about the prejudices that Muslims face every day. “By and large, Muslim students are ‘odd men out’ in the classrooms. They are called ‘landiya’ even by teachers, and a Muslim student with incomplete homework is treated differently. Tum Muslim log sote late ho, uthte late ho, to homework kahase hoga (You Muslims sleep late and wake up late, so how will the homework get done?),’ are taunts one of my relatives faced in a convent school in Andheri,” Samee says.
What goes unnoticed in the profiling of Muslims is the deep religious faith that shapes their humane outlook. Mohammed Ibrahim, 32, in Kochi belongs to a big family. He dreamt of becoming a chartered accountant because he was fascinated by numbers. But today he works hard, transporting fish from the Kochi harbour, and when that is done he drives a bus.
Ibrahim has his life’s rules right and simple: “Our family has a huge financial commitment. That’s why I work day and night. I don’t want to earn through any means, such as killing people, because I’m afraid of God. If you read the Quran, you can’t wage any battle.”
And it is religion that gives the strength and solace in his life. He confesses: “I too was a short-tempered youth. But life has taught me its lessons. I know patience pays. The Friday prayer at the masjid gives me inspiration. Imams are knowledgeable people. They tell us to be sympathetic to others.”
Yusuf Khan Pathan, a lawyer in Ahmedabad, is at pains to explain that Islam and terrorism and violence are poles apart. He explains: “Islam is derived from the word ‘salaam’ which means peace. It is a religion of peace whose fundamentals teach its followers to maintain and promote peace throughout the world.”
Hussainbhai, 42, an autorickshaw driver, is worried about the lack of communication between the communities: “The situation is getting darker. Children of this age do not know much about each other. They do not have friends from other communities in their formative years. Neither are they exposed to the families. In short, there is hardly any personal rapport with those in the other community, which is dangerous.”
Nausheen Noorullah Syed, 23, an employee in a central government in office in Ahmedabad, worries that because of the negative image of the community, it becomes difficult for other communities to accept and interact with ordinary Muslims.
Nausheen feels sad about the fact that she grew up in the Mirzapur and Shahpur areas of Ahmedabad where there is no access to a spacious park or other public place she could visit with her cousins. What she remembers is of having played with them in the small space in front of the house in the congested lanes and bylanes. As she grew older, she was asked to remain indoors and bide her time doing craftwork and reading literature. It is a forced retreat into claustrophobic spaces.
continued.................
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Inamullah Sheikh, 59, a civil contractor in Bandra (West) expresses the common frustration felt by ordinary Muslims after terror attacks and bomb blasts: “The community on the whole has nothing to do with the terrorists. It just happens that all those who are caught are Muslims. A few members of the community get involved in such crimes for money and the entire community is labelled as terrorist.”
But he does not despair. He believes that in Mumbai, people stand up for each other across the religious divides. “Despite all odds, people here stand up for each other when in need”, he says. And there is the touching loyalty that many Mumbaikars feel for the city: “We earn our bread and butter in this city. I want to live my life in peace along with people from other communities.”
SGA Zaidi of Rizvi College of Arts, Science and Commerce feels that things began to change for Muslims after the demolition of Babri Masjid in 1992. Zaidi, who moved to Mumbai from Madhya Pradesh in 1980, says, “”When I joined the teaching community, the scenario was entirely different. The changes started after the demolition, when the first seeds of distrust were sown.”
The younger generation feels a sense of hurt much more intensely, which can be seen in the heartfelt complaint of Zaidi’s daughter, Shameela, who works as a human resources professional, “Most of my friends are Hindus or Christians. I know the Gayatri Mantra by heart, but none of my friends know even a verse from the Holy Quran.” That is not a charge that anyone from the other side can dispute easily.
Zaidi points to the wide communication gap between Hindus and Muslims. He says, “Many believe that Roza is a form of feasting after dusk. Roza is observed so that we, the privileged ones, know the pains of hunger and develop empathy towards the less fortunate. We donate alms in the form of food to the poor at the end of Roza.” Now that is a meaning that escapes most people, even among Muslims.
Khan Abdus Samee, 34, a teacher living in Dockyard Road in a joint family which had been there for 70 years, has no illusions about the prejudices that Muslims face every day. “By and large, Muslim students are ‘odd men out’ in the classrooms. They are called ‘landiya’ even by teachers, and a Muslim student with incomplete homework is treated differently. Tum Muslim log sote late ho, uthte late ho, to homework kahase hoga (You Muslims sleep late and wake up late, so how will the homework get done?),’ are taunts one of my relatives faced in a convent school in Andheri,” Samee says.
What goes unnoticed in the profiling of Muslims is the deep religious faith that shapes their humane outlook. Mohammed Ibrahim, 32, in Kochi belongs to a big family. He dreamt of becoming a chartered accountant because he was fascinated by numbers. But today he works hard, transporting fish from the Kochi harbour, and when that is done he drives a bus.
Ibrahim has his life’s rules right and simple: “Our family has a huge financial commitment. That’s why I work day and night. I don’t want to earn through any means, such as killing people, because I’m afraid of God. If you read the Quran, you can’t wage any battle.”
And it is religion that gives the strength and solace in his life. He confesses: “I too was a short-tempered youth. But life has taught me its lessons. I know patience pays. The Friday prayer at the masjid gives me inspiration. Imams are knowledgeable people. They tell us to be sympathetic to others.”
Yusuf Khan Pathan, a lawyer in Ahmedabad, is at pains to explain that Islam and terrorism and violence are poles apart. He explains: “Islam is derived from the word ‘salaam’ which means peace. It is a religion of peace whose fundamentals teach its followers to maintain and promote peace throughout the world.”
Hussainbhai, 42, an autorickshaw driver, is worried about the lack of communication between the communities: “The situation is getting darker. Children of this age do not know much about each other. They do not have friends from other communities in their formative years. Neither are they exposed to the families. In short, there is hardly any personal rapport with those in the other community, which is dangerous.”
Nausheen Noorullah Syed, 23, an employee in a central government in office in Ahmedabad, worries that because of the negative image of the community, it becomes difficult for other communities to accept and interact with ordinary Muslims.
Nausheen feels sad about the fact that she grew up in the Mirzapur and Shahpur areas of Ahmedabad where there is no access to a spacious park or other public place she could visit with her cousins. What she remembers is of having played with them in the small space in front of the house in the congested lanes and bylanes. As she grew older, she was asked to remain indoors and bide her time doing craftwork and reading literature. It is a forced retreat into claustrophobic spaces.
continued....................
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Udayan's Market Outlook
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Expect a subdued mkt on global cues | |
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| Udayan Mukherjee, Stocks Editor, TV18 | ||
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Popular Boarders 7days| 252 | |
| 166 | |
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| 696 | |
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| 411 | |
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