To all indian, wish you a happy indipendance day.

Governer of india belives in a significant crisis situation

D Subbarao, Governor of the Reserve bank
of India, believes we are in a significant crisis situation and said the situation in the distant future is uncertain.

Subbarao expects banks to cut lending rates soon. He believes all measures taken by the RBI to ease liquidity were adequate and feels they have yielded some positive impact. He said that it is too early to comment on further rate cuts.

Here is a transcript of D Subbarao's comments in a press conference

On RBI monetary policy
I think the monetary policy measures that we have taken have resulted in some positive outcome. As we had said in the policy statement on Saturday, all the measures of liquidity are appropriate. We reduced repo rate and the reverse repo rate on Saturday and we expect banks to respond to that and cut their lending rates and keep credit flowing for productive sectors.
On Inflation
We make our next review of the policy variables, our projections of core inflation when we make quarterly policy view which is slated for January 27. Certainly the developments will reflect in our assessment.
The Governor after the RBI's central board meet also announced a Rs 9000 crore line of credit to the National Housing Bank or NHB and the Exim bank to revive the housing and export sectors.
He said that a refinance facility of Rs 4000 crore for NHB and Rs 5000 crore facility for Exim bank will be extended at the repo rate of 6.5%.

WHY WE NEED WAR ON TERROR

Here is what our security forces, government and PM should immediately do. However before you read further please promise me that you will share this with at least five people you know. Those five people will in turn share with another five and that way we can let everyone know about what we truly believe in. I believe that all of us together can have a very strong impact and this is a time for us to be united. We need to let everybody know that security is a major concern for all of us. We need our government and politicians to know that we won’t tolerate such weak security and it is high time they listened to us. A strong message needs to be sent by us that it is high time this injustice stops. I assume if you are reading further you will fulfill your promise of sharing this with at least five people.
Declare A War On Terror
We are targets of global terror and still our leadership has no proper strategy or declaration on our war on terror. Why have we not prepared ourselves still to fight this evil? Our politicians have linked terror with politics and votes – instead of fighting it. Today the voter will decide based on security. If my government can’t fight terror – I as a voter will not give my vote to them. We as Indians demand security and immediately want out government to have a strong anti-terror strategy. The terrorists have declared a war and have waged and invasion. It is time to follow the path of Arjuna who went to war with the blessing of Lord Krishna. It isn’t time for discussions – but time to wage war on this evil. What are we waiting for still?
Allocate More Funds
The first thing that needs to be done is allocate more funds towards internal security. India has around $300 billion of foreign reserve. Instead of just keeping the money and earning barely any interest, at least $30 billion should be used to beef up internal security. All this money should be invested bullet proof security–vests, more advanced automatic weapons, surveillance cameras, superior air and navy support, helicopters, advanced drone technologies, etc. To fight terror we need to invest in security and technology. This is much more important than anything else – because without security no investment or no money means anything. Our country doesn’t have a shortage of money and I hope our government seriously acts. There is no time to think – but just to act.
Tougher Terror Laws
We should stop letting terrorists go free and should give them the harshest possible punishment. It is high time we start ignoring so called Human Rights groups who disappear when terrorists slaughter innocent men and women, but tell all of us we should be soft on terror. These terrorists are not humans and deserve no Human Right. More power has to be given to our security forces to not fear and take action against terror. I have been told that we don’t even have a terror law now. Our government can not continue this way – because terror is a major challenge. There should be no mercy shown to terrorists.
Learn From Countries Like America
America after 9/11 invested heavily into internal security and hasn’t had any terrorist attack. We need to learn from them and work with their forces. They are using extremely advanced technology and equipment to make their country a more secure place. No matter what they have done with the economy- we should learn from them in the area of anti-terror security.
Technology
Today the terrorists have automatic weapons, while a large part of our police force is under-equipped only with pistols and lathis. We need to invest in advanced technologies which can be used in situation of urban areas. Today robotic drones that can be controlled by remote control are all available. If we had such technology we could have sent these drones inside hotels to take out terrorists while making sure hostages are safe. We have a brave police force and army – we need to make sure we respect their bravery and give him what they deserve.
Surveillance camera, tapping of phones and e-mail, helicopters, armoured vehicles, navy ships patrolling the coast, bomb detection equipment should all be used. Every major hotel, mall and office needs to have better technology and equipment to fight terror. A hotel like Taj or Oberoi need to have armed security guards who can immediately take out a threat.
Communications Monitoring
Complete monitoring of communications channels is needed. That way we can detect terror attacks before they actually happen. Places like America , UK and Israel all are doing this. We need to do this too. Our freedom is more important than what a few people might think. Every phone and e-mail should be monitored. Major cities should all be captured by surveillance cameras to detect any suspicious movements. Cities like London have invested billions to make sure there are CCTV camera all over the city – from streets to busses to trains. We need stronger intelligence.
Costal Safety
These terrorists came from sea and landed on the coast near the Gateway of India. It is very sad that anyone can enter our country this way. We need a stronger costal guard force which can detect such threats and take them out even before they enter. The entire Western and Eastern coast needs a much larger and stronger force.
Media Awareness and Education
There is a strong need that the media is educated about how they deal and report terror. Unfortunately a large part of the media isn’t trained in dealing with such situations and should not hamper investigation and police action. With the media and civilians around, it becomes difficult for security forces to detect terror and take them out. People need to understand that they should stay of the streets and not surround the area. There is a real threat and it isn’t some sort of tamasha. With civilians surrounding the area things become even more difficult. Education in the areas of evacuation, first aid and group action needs to be given to all of us to cope with terror with better.
Global Elite Force
Terror is a major problem facing all countries in the world. A global elite anti-terror force needs to be formed that will be able to fight terror anywhere in the world. Today we all have a common enemy – we need a common force that will fight this enemy. This force should be able to take out terror targets and suspects anywhere in the world and archaic laws should not slow them down. Anyone who tries to promote feeling of hate or terror – should be eliminated immediately by this force. We can see that the terrorists are all young mis-guided people who have been brainwashed. The people behind this brainwashing need to be eliminated.
This Isn’t About Religion
These people claim to be fighting for Islam and for Muslims – but we all know that this isn’t true. They kill anyone and everyone. This isn’t a time to label terror with religion. It isn’t a time for politicians to fight amongst each other – but unite and fight together as Indians.
Terrorists want to spread hate and divide this world and nation on the basis of religion. We shouldn’t let them succeed at doing this. Today we are all one – and when terror attacks they don’t just kill people of one religion. They kill everybody - Muslims, Hindus, Christians, Jews, Atheists. This is a war of good vs. evil and not about religion. This is a war where we need to fight evil which kills children and destroys families.
We need to pray for everyone who has been affected by terror and hope there is peace. We need to pray that these terrorists are blessed with intelligence that makes them not do such vicious crimes on humanity. We need to pray and hope there is a lot more love on this planet. Irrespective of how much money we have(or don’t have) – we should realize that at the end of the day we are all human beings who want peace, love and a safe and happy life.
I’m sure together we will be able to make this world a better and safer place where there is more happiness and love.

How to Win Friends and Influence People- Dale Carnegie

Part one
Fundamental Techniques in Handling People
1)Don't criticize, condemn or complain.
2)Give honest and sincere appreciation.
3)Arouse in the other person an eager want.
Part Two
Six ways to make people like you
1)Become genuinely interested in other people.
Smile.
2)Remember that a person's name is to that person the sweetest and most important sound in any language.
3)Be a good listener. Encourage others to talk about themselves.
Talk in terms of the other person's interests.
4)Make the other person feel important - and do it sincerely.
Part Three
Win people to your way of thinking
1)The only way to get the best of an argument is to avoid it.
2)Show respect for the other person's opinions. Never say, "You're wrong."
3)If you are wrong, admit it quickly and emphatically.
4)Begin in a friendly way.
5)Get the other person saying "yes, yes" immediately.
6)Let the other person do a great deal of the talking.
7)Let the other person feel that the idea is his or hers.
8)Try honestly to see things from the other person's point of view.
9)Be sympathetic with the other person's ideas and desires.
10)Appeal to the nobler motives.
11)Dramatize your ideas.
12)Throw down a challenge.
Part Four
Be a Leader: How to Change People Without Giving Offense or Arousing Resentment
A leader's job often includes changing your people's attitudes and behavior. Some suggestions to accomplish this:
1)Begin with praise and honest appreciation.
2)Call attention to people's mistakes indirectly.
3)Talk about your own mistakes before criticizing the other person.
4)Ask questions instead of giving direct orders.
5)Let the other person save face.
6)Praise the slightest improvement and praise every improvement. Be "hearty in your
7)approbation and lavish in your praise."
8)Give the other person a fine reputation to live up to.
9)Use encouragement. Make the fault seem easy to correct.
10)Make the other person happy about doing the thing you suggest.

India Needs A New Independence!

Sixty one years ago we got Independence from the British. Since that time a lot has changed. From being a British colony we have gone to buy British company's such as Jaguar-Land Rover, Tetley and Corus. This is not only good for us, but also for the British who are getting the opportunity to benefit from global management skills and finance. It ensures employment for thousands of employees and increases their efficiency. From being a nation afraid of foreign competition, today we are ready for competition of every sort and thrive in it.From a time when we had to wait for a year to get a phone, today we can get a cell phone within minutes and have amongst the cheapest phone rates in the world. I am proud to be an Indian and very lucky to be born in a time when India is getting ready to become a major global economic power. But at the same time we as a nation and as people have always believed in respecting other civilizations and not infringing on their rights and freedoms. Respect, equality, peace and dignity should be something that the entire world should have and something which we should share with the rest of the world.I hope every Indian is proud of our nation and proud of our culture and heritage which is several thousand years old.But today we are desperately in need of a New Independence movement.We need Independence from poverty, unemployment, illiteracy, hate, corruption, bureaucracy and inefficiency. We need Independence from pollution and environmental degradation. We need Independence from having the attitude and willingness to accept what is wrong. We need Independence from being afraid to learn new things, being afraid to fail and being afraid of change. We need Independence from fear.India needs this New Independence and it is in our hands to make our nation truly free. We can all do this by doing our dharma. We all need to do our duty with love, dedication, passion and commitment. If we all start doing our dharma as well as we can, things will start changing. If everybody in our nation does their duty, it wouldn't take too long for things to change.Today there isn't a shortage of money in our country. Just that the money isn’t being tapped correctly. In fact today India's balance sheet is much more favourable than America's. Imagine how much more wealth can be created by everybody if millions of people got access to basic necessities such as electricity, water and education. It would spiral of a positive cycle of productivity and increase demand.The Government today has billions of dollars with it. Instead of keeping a currency which is going to lose value over time, these funds should be invested. This can bring New Independence to millions of people and this also means a great economic opportunity.As individuals we have the power to not only do what we are doing with complete love and dedication, but also spread the message of change. We can spread and share ideas which will go into building a nation and help build India into an economic and cultural super power. We can share thoughts which motivate and inspire people around us. Everything great first starts out in our minds. Our minds need to think about what is possible and how we can achieve it. That is what I have always believed and also experienced personally as a Happionaire. We Indians are hard working and I know that if our brothers and sisters across the vast nation are given opportunities, they too can do wonders. I'm sure we will be able to find hundreds of more Dhirubhai Ambanis, Ratan TATAs and Kishore Biyanis.I have a feeling that it will happen. Something inside me tells me that in the next 10 years we are going to see radical changes in India and more and more entrepreneurs are going to go out looking for opportunities across our great nation. We all have an inner voice and that voice somehow is always true. Isn’t it?I wish all of you have a very Happy Independence Day and I hope that with the grace of God we shall all be wishing each other a very Happy New Independence Day in the coming future.Feel free to share this article with every other Indian and spread the joy.Keep smiling!

Crude, monsoon hold key to mkts rally now

I feels that the markets have seen some momentum despite the weakness in the US. There is a large build up in stock futures, which is positive for sentiment.I thinks that the monsoon remains a worry but crude is the biggest risk. One can see further rally if crude falls and monsoon improves.

Mail sent by Narayan Murthy to all Infosys staff

It's half past 8 in the office but the lights are still on... PCs still running, coffee machines still buzzing... And who's at work? Most of them ??? Take a closer look... All or most specimens are ?? Something male species of the human race... Look closer... again all or most of them are bachelors... And why are they sitting late? Working hard? No way!!! Any guesses??? Let's ask one of them... Here's what he says... 'What's there 2 do after going home...Here we get to surf, AC, phone, food, coffee that is why I am working late...Importantly no bossssssss!! !!!!!!!!!' This is the scene in most research centers and software companies and other off-shore offices. Bachelors 'Time-passing' during late hours in the office just bcoz they say they've nothing else to do... Now what r the consequences. .. 'Working' (for the record only) late hours soon becomes part of the institute or company culture. With bosses more than eager to provide support to those 'working' late in the form of taxi vouchers, food vouchers and of course good feedback, (oh, he's a hard worker... goes home only to change..!!). They aren't helping things too... To hell with bosses who don't understand the difference between 'sitting' late and 'working' late!!! Very soon, the boss start expecting all employees to put in extra working hours. So, My dear Bachelors let me tell you, life changes when u get married and start having a family... office is no longer a priority, family is... and That's when the problem starts... b'coz u start having commitments at home too. For your boss, the earlier 'hardworking' guy suddenly seems to become a 'early leaver' even if u leave an hour after regular time... after doing the same amount of work. People leaving on time after doing their tasks for the day are labelled as work-shirkers. .. Girls who thankfully always (its changing nowadays... though) leave on time are labelled as 'not up to it'. All the while, the bachelors pat their own backs and carry on 'working' not realizing that they r spoiling the work culture at their own place and never realize that they would have to regret at one point of time. So what's the moral of the story?? * Very clear, LEAVE ON TIME!!! * Never put in extra time ' unless really needed ' * Don't stay back unnecessarily and spoil your company work culture which will in turn cause inconvenience to you and your colleagues. There are hundred other things to do in the evening.. Learn music... Learn a foreign language... Try a sport... TT, cricket..... .... Importantly, get a girl friend or boy friend, take him/her around town... * And for heaven's sake, net cafe rates have dropped to an all-time low (plus, no fire-walls) and try cooking for a change. Take a tip from the Smirnoff ad: *'Life's calling, where are you??'* Please pass on this message to all those colleagues and please do it before leaving time, don't stay back till midnight to forward this!!! IT'S A TYPICAL INDIAN MENTALITY THAT WORKING FOR LONG HOURS MEANS VERY HARD WORKING & 100% COMMITMENT ETC. PEOPLE WHO REGULARLY SIT LATE IN THE OFFICE DON'T KNOW TO MANAGE THEIR TIME. SIMPLE !
Regards, NARAYAN MURTHY.

Stock Picks For My Long Term Portfolio.

1)Unitech
2)DLF
3)Larsen and Tourbo
4)GMR Infrastructure
5)ICICI Bank
6)State Bank Of India
7)IDFC
8)HDFC Bank
9)Jindal Saw
10)Praj Industries
11)Punj Loyd
12)Suzlon Energy
13)Reliance Industries
14)Reliance Petro
15)Reliance Communications

Seven Ways To Survive a Stock Market Correction!

Here are seven simple ways to survive a stock market correction as an investor:
1. Stop Listening To Analysts
Most analysts in the media instead of providing you with a solution will just confuse you. Somebody will say everything is doomed while others will say things are great in the long term. Forget listening to analysts- most of them would not be of any help. The reason people listen to analysts is because they are looking for peace and hope. Trust me you will get none of that by listening to somebody else. Peace and hope are all within you
.2. Stop Staring At Your Portfolio Every Thirty Minutes
Another mistake people make is that they get up every morning and wait for the markets to open. Once markets open they start staring at their stock prices. A fall makes you feel worse and small rise makes you feel a little better. This would not help either. Instead keep track of the fundamentals of your company every time the results are out. If your company is profitable and growing - be happy. If it is not, find out if you need to exit. The stock price will catch up in the near future if business is growing. Do you stare at your money kept in a bank FD everyday? Most probably not. Use the same principle when you invest in stocks or mutual funds.
3. Be Patient
Many of you might not have a lot of cash to buy cheap now; however please be patient with whatever you have bought. Even the youngest billionaire on Earth today is 23 years old. It took him 23 years to be a billionaire and he did not do it in few days or weeks. The youngest billionaire probably in history is 23-year-old Mark Zuckerberg - the founder of the social networking site-Facebook.
4. Speak To Actual Investors
With ExperienceInstead of interacting with analysts or your broker, speak with people who are actual investors and who have been in the market for longer periods of time than you. They will tell you how they have survived various stock market corrections and what has made them richer. Read and learn more about people who have actually created wealth and sustained it over a long period of time.5. Stop Following Crazy TipsPlease for heavens sake stop following â hot tips which promise to make you a millionaire in a matter of months. Maybe the hot tip is only meant for billionaires who would end up as millionaires in case they do follow the tip. If it seems to good to be true, it is probably just a scam, which hopes to take money away from retail investors and put them in the hands of greedy manipulators. Similarly stop following rumours about how fundamentally strong companies are going to be shut down and go bankrupt in the next few months. Use your own head and trust yourself. 6. Understand Market Cycles
Every asset class has a cycle. Stock markets, mutual funds, real estate all move in cycles. Please realize that nothing can keep going up forever in a single direction. There will be phases when prices will come down and again move up. If you go back into history you will see several instances when stock prices came down, however over a period of time quality companies always reward investors. Understand market cycles, and dont become a slave to them.
7. Follow The GuruToday the richest man on earth, Warren Buffett, is an investor who has created wealth because he has stayed away from what everybody else is doing and has simply invested in quality companies for the long term. He invested in Gillette, for the simple reason that he believed that men wont stop shaving. It makes sense to follow, as I call him, â The Guru and think long term and remember people who create wealth do things that others dont.I âm sure if you follow the simple techniques above you will be a much happier and a calmer investor. Investing is about controlling your emotions and being disciplined about what you do.
Happy Wealth Creation!
jestin xavier

give me feedback and share your ideas

Feel free to give me feedback and share your ideas about what you think about my writing and what else you would like to read here in the comments section.

Kaun Banega Crorepati(Power of compounding)

If you are a investor,you must know about magic of compounding
In case you earn Rs20,000 per month, do you know how many years it will take for you to become a Crorepati? Not 10 or 20, but 50 years!" exclaims Amitabh Bachchan, the anchor for "Kaun Banega Crorepati".Mr Bachchan, did you know that if you invest just Rs9,250 once and earn 15% per annum on this investment then, in 50 years you will be a 'Crorepati' too! And in case you invest Rs20,000 every month for 50 years under similar terms, you will be worth more than (hold your breath) Rs173cr! That is Crorepati 173 times over!!!
Welcome to the 'Power of Compounding'
One of the basic premises of investing is that your money multiplies manifold over time. And this multiplication of money is normally referred to as the "Power of Compounding".So, how does money compound?When you invest money, it earns interest (or returns, if you may). If you keep the interest invested, then it does not sit idle while only the original investment sweats it out. The interest earns interest too! And then the interest on interest earns interest again!That is the beauty of compounding. That is what made great men like Albert Einstein and Benjamin Franklin extol the virtues of 'compounding'.
What does the 'Power of Compounding' mean to an investor?
Ms Thrifty, Mr Realist and Ms Follower went to the same school and the same class.On her 10th birthday, Ms Thrifty's father gave her Rs100. She wisely invested the money that earned her an interest of 15% every year. Mr Realist won Rs200 as prize money when he was 16 years old. His friend, Ms Thrifty, advised him to invest his prize similarly. When Ms Follower earned her first salary at the age of 21, she salted away Rs400 in the same investment.After reaching the age of 60, all three decide to withdraw their investments. Who do you think realised the most from his/her investment?You think it's Ms Follower, right? After all, she invested four times the money that Ms Thrifty had invested. So what if she invested the money 10 years later. She did earn interest for 40 years anyway after that.But think again. Ms Thrifty makes the most out of her investment! In fact, her Rs100 is worth Rs1,08,366. On the other hand, Ms Follower's Rs400 is worth Rs93,169!
It simply means that the LONGER you stay invested the MORE you make.
Now you know why Ms Thrifty made more money than Mr Realist and Ms Follower.Let us try another small exercise.Let us assume Ms Thrifty, Mr Realist and Ms Follower invest Rs100 for 10 years. However, all three of them earn interest at different rates. Ms Thrifty earns 20% while Mr Realist earns 15% and Ms Follower manages a 10% interest rate.Can you work out what each one of them will have ten years hence?Ms Thrifty will have Rs619 while Mr Realist, Rs405. Ms Follower will have the least - Rs259 in ten years. Did you notice something though? While the interest rates differ by just 5%, in 10 years the worth of the original capital, Rs100 was vastly different!
That is another way of understanding the 'Power of Compounding' or the power to grow exponentially.
Now that we have understood the magic of compounding, it is time to take a look at an interesting rule associated with 'compounding' - the Rule of 72.The 'Rule of 72' is an easy way to find out in how many years your money will double at a given interest rate. Lost?Suppose the interest rate is 15%, then your money will double in 72/15= 4.8 years. In case, the interest rate is 20%, then the money will double in 3.6 years.Interesting rule indeed!
Moral of the story: The longer you stay invested the more you make!

About me

I am working with one of the largest TV media network in Delhi, India.I like to share Stock Markets Technical and Fundamental informations. email:jestinxa@gmail.com