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16 Oct 2008 01:58

Is a function of Govt to run MKT or do development? Govt is trying to safe gurd interested parties & political leader those are cought in BEAR mkt wrong step to use the hard earn money of TAX payer....

In reply to:

RBI to provide Rs 25k cr to lending institutions soon: FM

Posted by : MMB Messenger

Finance Minister P Chidambaram said RBI will provide Rs 25,000 crrore to lending institutions immediately, reports CNBC-TV18. "It will give Rs 7,500 crore to commercial banks and Rs 17,500 crore to Nabard, or National Bank for Agriculture and Rural Development."

15 Oct 2008 23:50

Googol,
Before u take off, be it said that church park was co-ed till 4th std during my days. Amma was headgirl when I was a kido in 2nd I think.
Regards,
Ravi....

In reply to:

Photography-world schools

Posted by : nitchakal

Dear Googol,micks,rits,nitzzz,ot etal,
I couldn`t believe it, check it out. This website is amazing. Wonder how they`d done it.
They actually have photographs of almost every School in the World.
(inclusive of those kanyaputri patashalas....Studied in one...church park)

http://www.worldsch oolphotographs. com/wsp/index1. htm
Regards,
Ravi
PS:Setting off in the morn

15 Oct 2008 23:49

hi rn
been missing you...

The cow also referred to as `Kamadhenu` has a special place in vedic worship. It is believed that due to the spiritual purity of the cow, countless millions of Gods and Goddesses reside in the cow. Vedas say that Goddess Kamadhenu is a cosmos where all the Gods, Goddess, Devas including the Trinity (Shiva, Vishnu, Brahma along with their Consorts) reside. The significance that this holds to the modern world is immense. Offering worship to Kamadenu or the sacred cow helps to appease the Gods and remove all sorts of financial difficulties that you are undergoing.

The sacred cow ritual helps you in gaining the blessings of all Gods and Goddess. Worshipping mother Kamadhenu helps in alleviating the sins committed by our Ancestors and also in wiping out the ancestral curse. Losses in business can be overcome by the performance of this worship. Debts can be easily resolved. Problems created by enemies would easily vanish. It is also stated in the myths that offering prayers to Goddess Kamadhenu is equivalent to worshipping our ancestors and hence it is considered to be auspicious to feed the cows on a New Moon Day.

...

In reply to:

Catholics, Karnataka and BJP

Posted by : radhika_nandlal

Nightowl,

So you want to disappear from here? This is what happens to most good boarders!! Sigh!

15 Oct 2008 23:32

Dear Googol,micks,rits,nitzzz,ot etal,
I couldn`t believe it, check it out. This website is amazing. Wonder how they`d done it.
They actually have photographs of almost every School in the World.
(inclusive of those kanyaputri patashalas....Studied in one...church park)

http://www.worldsch oolphotographs. com/wsp/index1. htm
Regards,
Ravi
PS:Setting off in the morn...

15 Oct 2008 23:31


Hi,
enjoy one more frm my side,

`Toot Jaate Hain Sabhi Rishte Magar
Dil Se Dil Ka Rishta hai Apni Jagah
Dil Ko Hai Tujh Se Na Milne Ka Yaqeen
Tujh Se Milne Ki hai Dua Apni Jagah `

regds..
Vani..........
...

In reply to:

It took me 15 min to understand lyrics...

Posted by : JAGDISH GABA

latikav,nice one n gr8,
Mausam badalta hai tau chahey bhi badal jati hain,
manzil badalti hai to rahey bhi badal jati hai,
yeh sadaa rahne ka nahi,teri tikhi aankho ka jadoo,
arey umar ke saath tau nigahe bhi badal jati hein
jagdish adaab baza lata hai jee

15 Oct 2008 23:16

Orgy Of Violence Against Christians

Alex Crawford in Orissa

Tens of thousands of Christians have been made homeless after an orgy of violence by Hindu hardliners in the east Indian state of Orissa.

More than 300 villages have been destroyed and more than 4,000 homes burnt in violent attacks which have been going on since August and show no sign of stopping.

The Indian prime minister Manmohan Singh has now sent hundreds of paramilitary troops to the area to try to stop the persecution which he`s called the nation`s shame.

Nearly 60 people have been killed, 18,000 injured and there are scores of reports about gang rapes, including of one nun.

Fourteen districts in the area have been affected and more than 200 hundred churches destroyed

Many of the Christians have criticised the state police for not doing enough and in some cases they have been accused of adding to the violence and intimidation.

More than 1,000 people crowd around stick fences in the Naugaon refuge camp in the Khandamal district of Orissa as guards patrol outside.

This is the area which has seen the worst violence and the 400 families crowded into this camp are only a few miles away from their former homes.

The camp may now be guarded by paramilitary police but they still cannot prevent attacks. The camp has had two firebombs thrown into it.

The tales these people tell of the cruelty wrought upon them is shocking.

One victim`s lip quivered uncontrollably as she told us how she watched her brother being burned alive by the Hindu mobs

They came in their hundreds and just ransacked our homes, setting them on fire. If you didn`t run away, you were beaten. They told us we could only stay if we converted to Hinduism. Otherwise, they said they would kill us," she said.

The trouble began when a prominent Hindu leader was killed in mid-August. He had been leading a campaign to convert Christians to Hinduism.

Many of his followers believed his killers were Christians, despite the police saying there was no evidence of this.

They embarked on an orgy of revenge and it still has not stopped.





...

In reply to:

Catholics, Karnataka and BJP

Posted by : sambala

This is not the first time that Mr Ghai and his inter-faith group, the Anglo Asian Friendship Society, has traded blows with the authorities in Newcastle. in 2006, the body of Rajpal Mehat, a 31-year-old illegal immigrant, was found in a canal outside Slough in west London. There was very little to identify the man other than a mobile phone with Mr Ghai`s number in it. With his help police were able to identify the man and handed the body over to his family in India, who had been flown to the UK by the society. Unable to afford the costs of transporting the body to India, Mr Ghai decided to hold the first open-air cremation in more than 70 years on a secret location in Northumberland. "The only people left were his mother and daughter," he said. "They were deeply worried about the condition of his soul. So with the help of local Sikhs and Hindus we burned him outdoors."

Having initially given a go-ahead to the rite police ended up investigating the cremation and passed a file to the CPS; the case was dropped because it was not in the public interest.

Andrew Singh Dogan, a former barrister who acts as legal co-ordinator for the society, believes Mr Ghai`s fight mirrors that of William Price, a Welshman who successfully campaigned for the legalisation of cremations at the end of the 19th century.

"it took a while for Britain to accept the idea of cremations but nowadays we live in a society where more people are cremated than buried," he said. "I think once people understand what really happens during an open-air cremation they`ll realise there is nothing to fear. We will come to accept them just like we learnt to accept normal cremations. it`s not like we want to put some pyre on the banks of the Tyne, we`d find a space that is wholly private and away from public eyes where people who want to grieve next to the body of their loved ones can do so."

Other supporters believe resistance to the open-air cremations is purely conceptual. "in the Abrahamic faiths fire is something you associate with hell," said Dr Anand, one of Mr Ghai`s followers who recently lost his son and was deeply upset about having to cremate his body in a crematorium. "[Fire] is seen as a punishment and I think that`s why many Westerners prefer not to see the actual cremation. But for us fire is something pure, it cleanses and renews. There is hardly a single Hindu ceremony that doesn`t at some point use agni [sacred fire], which acts as a conduit between man and God."

One of the difficulties Mr Ghai`s followers face is resistance from leaders within their own community. Sikh and Hindu faith groups have been reluctant to show their support for his legal battle. The Hindu Academy has called open-air cremations an "antiquated practice" whilst the Hindu Council has also said that it does not support outdoor pyres. Only the Hindu Forum of Britain has made statements in support of the idea. its secretary general, Ramesh Kallidai, said: "Those who wish to exercise this choice of open-air funeral pyres in order to feel that they have done their religious obligation for their parents should be allowed, provided two conditions are fulfilled: that it does not break any law in this country and that it does not endanger anybody else in the vicinity in terms of health and safety."

Mr Ghai said that enough Hindus and Sikhs in Britain believe that open-air cremations are a vital part of their religion. "I believe a person should be able to live according to their religious beliefs and that we should accommodate that as long as it does not harm others," he said. "I cannot see how open air cremations in a private place away from the public gaze could harm anyone."

15 Oct 2008 22:14

vkk43

Nicely said I hope we be carefull this time.
WE should play in the market & not play the mkt.
regds
nodi...k...

In reply to:

The Mayonnaise Jar and 2 Cups of Coffee

Posted by : vkk43

Thanks. Looking to the present condition of the market only, I posted this msg.
We all must respect the market if we want market to respect us.

15 Oct 2008 21:19

In for the Long Haul

What should an individual investor do in the event of a financial crisis? If you`re really sure that something fundamental has changed and the economy is heading toward recession or even another depression, it`s probably in your interest to sell. But most experts advise waiting and doing nothing. "In volatile times, it is very likely that you [will be] the goat that other people are taking advantage of," University of Arizona`s Lamoureux says. "It`s often a very dangerous time to be trading."

Steverman is a reporter for BusinessWeek`s Investing channel

Shefrin adds: "The chances of you doing the right thing are low." Don`t think short-term, he says, and remind yourself of the long-term averages. For example, in any given year, stock markets have a two in three chance of moving higher. Other than that, it`s nearly impossible to predict the future.

So, another financial panic may be inevitable. But relax: There`s probably nothing you can do about it anyway. Anything you do might make your situation worse. So the best advice may be to send flowers to your stressed-out stockbroker, stick with your long-term investment strategy, and sit back and watch the market`s roller-coaster ride.

...

In reply to:

DO MEN REMEMBER ANNIVERSARIES?

Posted by : sambala

Buyers and Sellers

Why don`t smart investors, seeing others panic and sell stocks, step in to buy them up at a bargain?

First, it`s very hard, in the midst of a crisis, to tell whether markets are acting rationally or irrationally. Buyers refused to enter credit markets this summer on fears about risky mortgage debt. It will take months, maybe years, to add up the full impact of losses on subprime loans.

It`s also tough to think rationally yourself. "It`s hard to keep your emotions in check when your money is on the line," Shefrin says.


And, even if you`re confident the panicked market is giving you a buying opportunity, you`re likely to want to wait until it hits bottom. If a market is in free fall, buying stocks on the way down is likely to give you instant losses.

Not only will buyers hold back. A falling market will bring many more sellers out of the woodwork. Leverage is one reason: Many investors buy stocks on borrowed money, so they can`t afford to lose as much without facing bankruptcy.

This is one explanation for the temporary, sharp drops in many financial markets in the summer of 2007. Losses on leveraged mortgage debt prompted many hedge funds to dump all sorts of assets to raise cash.

Therapy for a Panicked Market

The solution to a panicked market, many say, is slowing down the herd of frightened investors all running in the same direction. New stock market rules instituted since 1987 pause trading after big losses. For example, U.S. securities markets institute trading halts when stock losses reach 10% in any trading session. "If you give people enough time, maybe they will figure out nothing fundamental is going on," University of Michigan`s Pasquariello says.

There`s another form of therapy for overly emotional markets: information. In 1929 and during other early financial crises, there were no computer systems, economic data were scarce, and corporate financial reporting was suspect. "The only thing people knew in the 1920s was there was a panic and everybody was selling," says Reena Aggarwal, finance professor at Georgetown University. "There was far less information available." In 1987, and even more today, investors had places to get more solid data on the market and the economy, giving them more courage not to follow the herd. That`s one reason markets found it so easy to shrug off the effects of 1987, Aggarwal adds.

You can slow markets down, reform trading rules, and tap into extra information, but financial panics may never go away. It seems to be part of our collective human nature to occasionally reassess a situation, panic, and then all act at once.

Many see the markets as a precarious balance between fear and greed. Or, alternatively, irrational exuberance and unwarranted pessimism. "All you need is a shift in mass that`s just big enough to push you toward the tipping point," Shefrin says.




CONT....

15 Oct 2008 21:17

Buyers and Sellers

Why don`t smart investors, seeing others panic and sell stocks, step in to buy them up at a bargain?

First, it`s very hard, in the midst of a crisis, to tell whether markets are acting rationally or irrationally. Buyers refused to enter credit markets this summer on fears about risky mortgage debt. It will take months, maybe years, to add up the full impact of losses on subprime loans.

It`s also tough to think rationally yourself. "It`s hard to keep your emotions in check when your money is on the line," Shefrin says.


And, even if you`re confident the panicked market is giving you a buying opportunity, you`re likely to want to wait until it hits bottom. If a market is in free fall, buying stocks on the way down is likely to give you instant losses.

Not only will buyers hold back. A falling market will bring many more sellers out of the woodwork. Leverage is one reason: Many investors buy stocks on borrowed money, so they can`t afford to lose as much without facing bankruptcy.

This is one explanation for the temporary, sharp drops in many financial markets in the summer of 2007. Losses on leveraged mortgage debt prompted many hedge funds to dump all sorts of assets to raise cash.

Therapy for a Panicked Market

The solution to a panicked market, many say, is slowing down the herd of frightened investors all running in the same direction. New stock market rules instituted since 1987 pause trading after big losses. For example, U.S. securities markets institute trading halts when stock losses reach 10% in any trading session. "If you give people enough time, maybe they will figure out nothing fundamental is going on," University of Michigan`s Pasquariello says.

There`s another form of therapy for overly emotional markets: information. In 1929 and during other early financial crises, there were no computer systems, economic data were scarce, and corporate financial reporting was suspect. "The only thing people knew in the 1920s was there was a panic and everybody was selling," says Reena Aggarwal, finance professor at Georgetown University. "There was far less information available." In 1987, and even more today, investors had places to get more solid data on the market and the economy, giving them more courage not to follow the herd. That`s one reason markets found it so easy to shrug off the effects of 1987, Aggarwal adds.

You can slow markets down, reform trading rules, and tap into extra information, but financial panics may never go away. It seems to be part of our collective human nature to occasionally reassess a situation, panic, and then all act at once.

Many see the markets as a precarious balance between fear and greed. Or, alternatively, irrational exuberance and unwarranted pessimism. "All you need is a shift in mass that`s just big enough to push you toward the tipping point," Shefrin says.




CONT....
...

In reply to:

DO MEN REMEMBER ANNIVERSARIES?

Posted by : sambala

Lessons from the `87 Crash

Enjoying the Dow`s record run? Don`t get too comfy. The market`s Black Monday breakdown is a reminder of how quickly investor sentiment can turn

As major stock indexes hit all-time highs, it`s worth looking back 20 YEARS to a far gloomier time, when investors were cruelly and suddenly reminded that the value of their investments can depend on something as unpredictable as a mood swing.

Every once in a while, fear, snowballing into panic, sweeps financial markets—the stock market crash of October, 1987, now celebrating its 20th BIRTHDAY, is a prime example.

In the five trading sessions from Oct. 13 to Oct. 19, 1987, the Dow Jones industrial average lost a third of its value and about $1 trillion of U.S. stock market value was wiped out. The losses culminated in a panic-stricken 22.6% decline in the Dow on Black Monday, Oct. 19. The traumatic drop raised recession fears and had some preparing for another Great Depression.

Stock market crashes were nothing new in 1987, but previous financial crises—in 1929, for example—often reflected fundamental problems in the U.S. economy.

Mysterious Meltdown
The market`s nervous breakdown in 1987 is much harder to explain. Especially in light of what came next: After a couple months of gyrations, the markets started bouncing back. The broad Standard & Poor`s 500-stock index ended 1987 with a modest 2.59% gain. And in less than two years, stocks had returned to their pre-crash, summer of 1987 heights.

More importantly for most Americans, the U.S. economy kept humming along. Corporate profits barely flinched.

To this day, no one really knows for sure why the markets chose Oct. 19 to crash. Finance Professor Paolo Pasquariello of the University of Michigan`s Ross School of Business says the mystery behind 1987 prompted scholars to come up with new ways of studying financial crises. Instead of just focusing on economic fundamentals, they put more attention on the "market microstructure," the ways people trade and the process by which the market forms asset prices.

True, in hindsight there are plenty of adequate reasons for the `87 crash. Stocks had soared through much of 1987, hitting perhaps unsustainable levels: In historical terms, stock prices were way ahead of corporate profits. New trading technology and unproven investing strategies put strain on the market. There were worries about the economic impact of tensions in the Persian Gulf and bills being considered in Congress.

Out of Sorts
But for whatever reason, the mood on Wall Street shifted suddenly, and everyone tried to sell stocks at once. "Something just clicked," says Chris Lamoureux, finance professor at the University of Arizona. "It would be like a whole crowded theater trying to get out of one exit door."

It`s a fairly common phenomenon on financial markets. Every stock transaction needs a buyer or a seller. When news or a mood shift causes a shortage of either buyers or sellers in the market, stock prices can surge or plunge quickly. Most of the time, balance is quickly restored. Lower prices draw in new buyers looking for a bargain, for example.

Sometimes, as in 1987 and many other true crises, things get out of hand. What happens at these moments is a mystery that may be best explained by dynamics deep within human nature.

Usually, explains behavioral finance expert Hersh Shefrin, a professor at Santa Clara University, investors believe they understand the world. In a crisis, "something dramatically different happens and we lose our confidence," Shefrin says. "Panic is basically a loss of self-control. Fear takes over."

CONT.....

15 Oct 2008 21:15

I sincerely reciprocate ur sentiments. ...

In reply to:

Catholics, Karnataka and BJP

Posted by : morningstar

Okay you win I lose.......you know everything regarding various religions in India, under the Sun!!

Thanks for interacting with me. It was an enlightening experience!!!!

Cheers and all the best!!

15 Oct 2008 21:12

Lessons from the `87 Crash

Enjoying the Dow`s record run? Don`t get too comfy. The market`s Black Monday breakdown is a reminder of how quickly investor sentiment can turn

As major stock indexes hit all-time highs, it`s worth looking back 20 YEARS to a far gloomier time, when investors were cruelly and suddenly reminded that the value of their investments can depend on something as unpredictable as a mood swing.

Every once in a while, fear, snowballing into panic, sweeps financial markets—the stock market crash of October, 1987, now celebrating its 20th BIRTHDAY, is a prime example.

In the five trading sessions from Oct. 13 to Oct. 19, 1987, the Dow Jones industrial average lost a third of its value and about $1 trillion of U.S. stock market value was wiped out. The losses culminated in a panic-stricken 22.6% decline in the Dow on Black Monday, Oct. 19. The traumatic drop raised recession fears and had some preparing for another Great Depression.

Stock market crashes were nothing new in 1987, but previous financial crises—in 1929, for example—often reflected fundamental problems in the U.S. economy.

Mysterious Meltdown
The market`s nervous breakdown in 1987 is much harder to explain. Especially in light of what came next: After a couple months of gyrations, the markets started bouncing back. The broad Standard & Poor`s 500-stock index ended 1987 with a modest 2.59% gain. And in less than two years, stocks had returned to their pre-crash, summer of 1987 heights.

More importantly for most Americans, the U.S. economy kept humming along. Corporate profits barely flinched.

To this day, no one really knows for sure why the markets chose Oct. 19 to crash. Finance Professor Paolo Pasquariello of the University of Michigan`s Ross School of Business says the mystery behind 1987 prompted scholars to come up with new ways of studying financial crises. Instead of just focusing on economic fundamentals, they put more attention on the "market microstructure," the ways people trade and the process by which the market forms asset prices.

True, in hindsight there are plenty of adequate reasons for the `87 crash. Stocks had soared through much of 1987, hitting perhaps unsustainable levels: In historical terms, stock prices were way ahead of corporate profits. New trading technology and unproven investing strategies put strain on the market. There were worries about the economic impact of tensions in the Persian Gulf and bills being considered in Congress.

Out of Sorts
But for whatever reason, the mood on Wall Street shifted suddenly, and everyone tried to sell stocks at once. "Something just clicked," says Chris Lamoureux, finance professor at the University of Arizona. "It would be like a whole crowded theater trying to get out of one exit door."

It`s a fairly common phenomenon on financial markets. Every stock transaction needs a buyer or a seller. When news or a mood shift causes a shortage of either buyers or sellers in the market, stock prices can surge or plunge quickly. Most of the time, balance is quickly restored. Lower prices draw in new buyers looking for a bargain, for example.

Sometimes, as in 1987 and many other true crises, things get out of hand. What happens at these moments is a mystery that may be best explained by dynamics deep within human nature.

Usually, explains behavioral finance expert Hersh Shefrin, a professor at Santa Clara University, investors believe they understand the world. In a crisis, "something dramatically different happens and we lose our confidence," Shefrin says. "Panic is basically a loss of self-control. Fear takes over."

CONT.....
...

In reply to:

DO MEN REMEMBER ANNIVERSARIES?

Posted by : sambala

Briton`s Body `Found Inside Croc`

Australian police officers searching the outback for a missing British fisherman think they have found his remains inside a crocodile

The 15ft-long beast was found near the spot where Arthur Booker, 62, disappeared last month after he went to check crab pots while holidaying with his wife near Cooktown.

Queensland state police said forensic tests confirmed the remains inside the stomach were that of a human male.

They said more detailed DNA analysis was needed to confirm the remains are those of the Scottish-born Vietnam War veteran.

An X-ray of the crocodile had revealed a WEDDING RING in its stomach, according to local media.

Mr Booker`s wife raised the alarm when he failed to return from the trip. Police found some of his belongings on the river bank, close to crocodile marks.

The line securing the crab pots was frayed, rather than cut clean with a knife.

Local officials said two large crocodiles had been seen in the area.

The last person to be killed by a crocodile in Queensland was a fisherman who was dragged from a canoe at Lakefield National Park, not far from Mr Booker`s disappearance, in August 2005.

The latest incident sparked calls for a cull of saltwater crocodiles, which are a protected species under Australian law.

However, Bob Irwin, the father of `Crocodile Hunter` Steve Irwin, stressed there should be no revenge attacks.

"We have to remember that the crocodile is a vital part of the eco-system and it was behaving naturally," he said.

October 14, 2008
SKY NEWS

15 Oct 2008 21:02

Pinstorm, one of India’s leading digital marketing firms announced that it had been appointed by Geodesic to handle the global online launch of Geodesic’s undisclosed new product. Pinstorm’s partner in the Performance Alliance, Lintas Media Group was also chosen as Geodesic’s global offline media agency of record....

15 Oct 2008 21:02

Okay you win I lose.......you know everything regarding various religions in India, under the Sun!!

Thanks for interacting with me. It was an enlightening experience!!!!

Cheers and all the best!!...

In reply to:

Catholics, Karnataka and BJP

Posted by : pss5588

morningstar,

You say

QUOTE

Learn to understand that there are two sides to every coin. You just cannot generalize and paint the entire community with the same brush.

I think you are not so enlightened enough to comment on the Kerala clergy or any other clergy for that matter!!

Thanks for giving me a good time by sharing your indepth knowledge about the Catholics and its clergy/laity!!

UNQUOTE

That is what i also say .. see the two sides of the coin and not one only. I have not generalised the community or painted them in the same brush ... not even in a single message. The clergy/laity to an extent yes ,the community no.

First clear up ur thoughts. On the one hand u say i am not enlightened enough to comment on the kerala clergy or any other clergy for that matter and the very next sentence u thank me for sharing my indepth knowledge on the same. What is it to be?

When i mention anything u talk about the internet, bogus sites, cooked up sites, a dime a dozen sites and when i rebut with other than internet u have no answer even to ur popln argument. As I said for me this is just an academic discussion on Catholics, karnataka and BJP and not on ORISSA. That is a difft issue altogether. In every instance I have said i have no objection to voluntary conversion and only to conversion by false pretences and denigration of other religious gods and I stand by the same. The full stop is acceptable.

15 Oct 2008 21:01

Thanks. Looking to the present condition of the market only, I posted this msg.
We all must respect the market if we want market to respect us....

In reply to:

The Mayonnaise Jar and 2 Cups of Coffee

Posted by : gv

Dear VKK,
You are very right
Caution is the word
If people are balanced in their approach , the don`t have to thru the tragedy
From Harshad mehta time to now ,many are reported
I recollect the story of the big broker
begging Dhirubai
The reason i think is "expectation beyond reason"
I read some where "There is no mercy in the market"
Your post was timely and people should take note off
Regds
GV

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