Tuesday, November 29, 2011

Why Indian Stock Market Become Volatile






Indian stock market has been volatile becuase of some resons listed below:






  • FIIs have taken the markets to a new lower range on the back of High inflation.


  • Political tensions.


  • Load of Scam like Black Money in SWISS Banks.


  • Political Issues happending everyday.


  • Weak IIP Growth.


  • Fear of RBI rates hikes.


  • Day of day increasing inflation in India.
Be very Careful while investing the money into Indian Stocks.

Monday, November 28, 2011

Five reasons why the economic slowdown is good news for open source



Open source makes sense in an economic downturn because:
1. It's less expensive. Notice I didn't say free. One thing we've learned over the last couple years is open source might be free to acquire but requires service contracts and maintenance just like any other piece of software. But on a nose to nose basis, open source comes without many of the encumbering license fees and upfront costs that drag down the proprietary bunch.
2. Open source has put on a suit. Real companies (Red Hat, etc) have been formed around the open source banner and you can get real support and services. There is substantial open source expertise widely available. No longer do you have to bet your company's future on one Birkenstock, World of Warcrafter who may or may not show up for work.
3. Open source has learned to play nice with your old apps. The biggest hurdle in the past for business was integrating open source operating systems and open source databases in particular with your existing systems and applications. Again, there have been many companies formed around the business of building integration suites and that hurdle has been cut down to about six inches in height.
4. There are good open source alternatives to some of the best new technologies including virtualization, databases, business applications and even the old favorite, personal computer operating systems.
5. In the upside to the downside category, out of work programmers, business analysts and software developers can now quickly tap into cloud computing platforms such as Amazon's elastic cloud to build new open source applications and companies without having to go begging to venture capitalists who have firmly closed their wallets.

$1.4 Trillion India's Black Money Stashed in Swiss Banks



According to the data provided by the Swiss bank, India has more black money than rest of the world combined. India topping the list with almost $1500 Billion black money in swiss banks, followed by Russia $470 Billion, UK $390 Billion, Ukraine $100 Billion and China with $96 Billion.
It’s embarrassing for any country to top the list of black money holders. The money which belongs to the nation and it’s citizens, is stashed in the illegal personal accounts of corrupt politicians, IRS, IPS officers and industrialists. An amount which is 13 times larger than the nations foreign debt. Every year this amount is increasing at a rapid speed but the Indian government seem to be silent over this matter from a very long time. The total black money accounts for 40% of GDP of India, if all the money comes back to India then that could result in huge growth burst for India.
A nation where more than 450 million live below the poverty line, which means they make less than $1.25/day and could probably use an easy cash advances from somebody. By bringing back the black money back to the country there is so much which can be done for the development of the nation and the people who live below poverty line. India will also be able to clear all their foreign debts in 24Hrs. Even if all the taxes are abolished, the government can maintain the country easily for 30 years.
It’s been found that about 80 thousand people travel to Switzerland every year of whom around 25 thousand travel frequently. Those travelling on regular basis must be doing it for some reason.
The Indian government needs to take some serious steps to get the money back to India which is stashed in Swiss banks. They should work to find out the names of account holders in Swiss banks and also pressurize Swiss bank to get the black money back to the country. This has also become a matter of pride of nation and if the government still keeps silence about this issue then they will only be making themselves a laughing stock for the entire world.