Thursday, March 31, 2011

Earning Vs Spending



‎" People invest time for earning money:

The same money is invested for spending time."


Earning is important .

Same way spending it wisely and make a quality living is also more important than earning or else there will be no meaning in earning money....The accumulation of money is going to lead you no where.Many kings came and gone.Many kingdom was lost however they were powerfull.Time has power to destroy all your money and power.But at the same time,time will make you to celebrate life.if you have more money you have better choice to live.With money one can have more option like to buy a bigger bunglow,car,travel etc but here the question is are we here to enjoy life with the money what we made or just accumulate it for the forth coming generation and die?.

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Live life like a king.Earn and spend.Money has to circulate it like a blood.it should not be stagnated or it will go waste.No one can own anything including their own body when we leave at the end of life.So, start earning and spending it and make your life really worth while.

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There are many rich people happen to renounce all their money at the end.They do lot of charity and help to bring up the community.These people are the realised one's and knew the value of money.Our own Narayanmurthy,Billgates and so many otheres are done the same.have a nice day.

Monday, March 21, 2011

Solace from inflation: Companies hike salaries by 40 per cent


PTI, On Monday 21 March 2011, 2:14 PM
New Delhi: With day-to-day living turning costlier, companies have raised salaries to as high as 40 per cent especially at the junior levels, say experts.In recent times, inflation has been at high levels due to soaring prices of essential commodities.

"Inflation has affected the salary hikes towards the higher side," executive search firm GlobalHunt's director Sunil Goel told PTI.

"As inflation has raised cost of living, so direct impact is visible more at junior and entry level where companies have increased salaries up to 30-40 per cent," he said.

Last month, inflation climbed to 8.31 per cent as compared to 8.23 per cent in January. Food inflation stood at 9.42 per cent in the week ended March 5.

As such attrition rates along with inflation had prompted companies to enhance the overall basic salary structures to "15-20 per cent at all the employment levels", Gi Staffing Services' Branch Head (Mumbai) Swapnil Jain said.

India is expected to see one of the highest salary hikes this year at 12.9 per cent, according to global HR consultancy Aon Hewitt. Last year, actual increase was around 11.7 per cent.

"Inflation decreases the propensity to save; therefore the organisations try and match up to the salary packages of the employees to the same extent," Elixir Web Solutions' HR Manager Geeta Verma said.

Elixir is a leading recruitment process outsourcing firm. "The hike in inflation rates has enabled organisations to provide competitive salaries so that ratio of expenses/savings remains proportionate to the increasing levels of inflation," Verma noted.

Aon Hewitt has projected salaries of general/entry level staff to be 12.7 per cent in 2011 as compared to 11.4 per cent last year. It had pointed out the rise could be attributed to high turnover (attrition) rates and high inflation rates.

However, experts feel that inflation has not pushed salaries to higher levels in companies across the board since some entities also look at pay parity for their employees

Friday, March 11, 2011

Best Trading Rules For You


1. Forget the news, remember the chart. You're not smart enough to know how news will affect price. The chart already knows the news is coming.


2. Buy the first pullback from a new high. Sell the first pullback from a new low. There's always a crowd that missed the first boat.


3. Buy at support, sell at resistance. Everyone sees the same thing and they're all just waiting to jump in the pool.


4. Short rallies not selloffs. When markets drop, shorts finally turn a profit and get ready to cover.


5. Don't buy up into a major moving average or sell down into one.

6. Don't chase momentum if you can't find the exit. Assume the market will reverse the minute you get in. If it's a long way to the door, you're in big trouble.


7. Exhaustion gaps get filled. Breakaway and continuation gaps don't. The old traders' wisdom is a lie. Trade in the direction of gap support whenever you can.


8. Trends test the point of last support/resistance. Enter here even if it hurts.


9. Trade with the TICK not against it. Don't be a hero. Go with the money flow.


10. If you have to look, it isn't there. Forget your college degree and trust your instincts.


11. Sell the second high, buy the second low. After sharp pullbacks, the first test of any high or low always runs into resistance. Look for the break on the third or fourth try.


12. The trend is your friend in the last hour. As volume cranks up at 3:00pm don't expect anyone to change the channel.


13. Avoid the open. They see YOU coming sucker


14. 1-2-3-Drop-Up. Look for downtrends to reverse after a top, two lower highs and a double bottom.


15. Bulls live above the 200 day, bears live below. Sellers eat up rallies below this key moving average line and buyers to come to the rescue above it.


16. Price has memory. What did price do the last time it hit a certain level? Chances are it will do it again.


17. Big volume kills moves. Climax blow-offs take both buyers and sellers out of the market and lead to sideways action.


18. Trends never turn on a dime. Reversals build slowly. The first sharp dip always finds buyers and the first sharp rise always finds sellers.


19. Bottoms take longer to form than tops. Fear acts more quickly than greed and causes stocks to drop from their own weight.


20. Beat the crowd in and out the door. You have to take their money before they take yours, period.

Sunday, March 6, 2011

HOW TO USE CELL PHONES?


'Cell Phone – Suggested Practices for use'
Suggested Practice No 1:-
If you have your cell phone turned on in meetings, restaurants, theaters etc set it to vibrate if it is next to impossible to switch it off. If you have to attend to a call, excuse yourself and answer your phone in a private corner. It is suggested to use SMS during the meetings, if there is any emergency or urgency, sometime backward integration of technology i.e. using cell phone as Pager serves very useful purpose. Senior Officer may like to advise subordinates & Secretary to use SMS while they are on tour or in a meeting.
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Never shout. If the background noise is disturbing, go to a quieter place. If the problem is a bad connection, talking louder will not help so just end the call and try again from a place where the reception is better.
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Be considerate of people standing or sitting near you. When choosing a spot to take or make a call, make sure you are far enough away from other people & that they are not forced to listen to your conversation.
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Suggested Practice No 2:-
Never talk while driving a vehicle. It is not only risky but also unlawful to talk while driving. If you have to attend to a call, just pull over on the side. Make sure it is a parking zone.
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Pay attention to the road. If it is inevitable start using the ear phone, which makes it much easier to focus on driving. One should also be careful to limit conversations in cars to traffic areas and conditions requiring low amounts of decision-making. In high volume, tricky driving situations, it is better to either turn the phone off or lets it ring.
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Suggested Practice No 3:-
Volume - Speak softly. The cell user should be careful to speak in hushed tones, knowing that a mobile phone has a sensitive microphone capable of picking up a soft voice.
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The cell user also sets the ring tone at a low level with a tune that is soft, gentle and not annoying. The more crowded the situation, the quieter and softer the volume of voice and ring. The cell user moves to vibrate in any situation like a workshop or a meeting where a ringing sound would prove disturbing to other people. The cell user should try to gain as little phone attention as possible. The goal is to communicate effectively without anybody else noticing or caring.
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Some people seem incapable of speaking on their cell phone in a normal tone of voice. Perhaps they are subconsciously worried that the party on the other end cannot hear them very well, so they double and triple their volume. Sometimes it seems as if they are shouting.
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Suggested Practice no 4:-
Proximity - Keep your distance. Each person is surrounded by a personal space. This space provides feelings of safety and calm, especially in crowded places. The smart cell phone user respects the personal space of other people and tries to speak in places 10-20 feet or more away from the closest person.
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If there is no private, separate space available, the smart cell phone user waits to speak on the phone until a good space is available. Sensitivity to other peoples’ needs and comforts is a sign of good character. Crowded rooms, lines and tight hallways are not good places to carry on phone conversations.
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Next time you find yourself in a crowded space, watch the reactions of non mobile phone users to those who speak loudly into their phones while standing next to them.
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Suggested Practice no 5:-
Content - Keep business private. Many personal and business conversations contain information that should remain confidential or private. Before using a mobile phone in a public location to discuss private business or issues, the cell users should make sure that there will be enough distance to keep the content private. Some stories, some issues and some conflicts should be saved for times and locations that will allow for confidentiality.
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Suggested Practice no 6:-
Tone - Keep a civil and pleasant tone. The cell users should know that others might overhear a conversation, so they are careful to maintain a public voice that will not disturb others. At the same time, the cell user should know that certain types of conversations may require or inspire some tough talk or emotional tones. They reserve these conversations for more private settings.They do not fire employees, chastise employees, argue with a boss or fight with a spouse or teenager on their mobile phones in public settings.
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Suggested Practice no 7:-
Location - Pick your spot. Some locations are better for conversations than others. They offer more privacy and less noise. By keeping the mobile phone turned off much of the time, the smart cell phone user is able to handle incoming calls under good conditions rather than struggling against interference of various kinds such as flight announcements in the hallways of an airport.The cell users must learn, which spot will offer the best signal and the best conditions. Rather than hold an important business discussion or negotiation under poor conditions, the careful cell users should wait for good conditions in order to make the best impression and provide a professional communication experience.
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Suggested Practice no – 8:-
Timing - No cell phone before it’s time. The cell users must have think about when to turn the phone on or off. There are many situations where it would be rude if a phone rang, interrupting the transaction at hand. Stepping up to a service counter, entering a restaurant or joining a meeting, the cell savvy user turn off the phone and relies upon voice mail to take incoming calls.There may be sometimes when a particular incoming call or message requires an exception, but the vast majority of callers do not require immediate access.carboy
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Suggested Practice no – 9:-
Multi-Tasking - One thing at a time. Some folks are better at juggling many tasks at the same time than others, but there are some things in life that deserve your full attention. The busy person multi-tasking at a desk can be a wonderful model of efficiency, handling, phone, keyboard, tea cup and remote control all at the same time, but at other times, multi-tasking can be hazardous, rude and inefficient.
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The above practices have been evolved over the period through interactions and experiences and require practicing them more than only registering them. Let us give our best.

Friday, March 4, 2011

Anger
Anger is an energy that can be transferred. i read a strory about a Zen Monk who attained enlightenment by just tranforming his anger to the higher conciousness.Here the story go's..A zen monk who used to go inside the lake in his boat and stay back in the middle and do his regular meditation/sadana....
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Once he went inside and sat for meditation with closed eyes..while he was meditating he felt another boat was hitting his boat again and again.He was disturbed so much and furious and just came out of his meditation to throw the anger out who is hitting his boat.When he opened his eyes he saw nothing infront as he assumed.There is an another Boat which is empty that was hitting his boat.There is no boat man to shout at..he felt all his anger is futile and there is no one to show his anger except an empty boat..He does a wise thing as the anger was so intense he just turned the anger within and that was tranformed and lead him to attain enlightenment.
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So,when you are angry...let the angry be there in you as intense as possible and be aware of your own anger and with nobody you are going to show except turning back unto you, inwards and traform it.
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Anger is no bad..its enrgy like Desire.But how you transform and make it is really matters much.Please don't take this as Anger mangement.It need not to be manged but need to transformed.

Wednesday, March 2, 2011

Chart Of the Day


Our Nation's Demand and production of Electricity is gone up massively than the other Agri-commodities.In the last 90 years, the production of power is gone up more than 3 times and it is expected to grow more in next 5 years time.This indicates the power producers/alternate power suppling companies has bright prospects on the coming years.The global power demand may make the crude price to go up and reach new high.

Tuesday, March 1, 2011

Saudi Stocks Slump Most Since 2008 on Concern Unrest to Spread

Saudi Arabia’s benchmark stock index plunged the most since November 2008 and entered bear-market territory on concern political unrest in the Middle East may spread to the kingdom.
Al-Rajhi Bank fell to the lowest in a year and Saudi Basic Industries Corp., the world’s biggest petrochemicals maker, tumbled 7.8 percent. Saudi Arabia’s Tadawul All Share Index slumped 6.8 percent to 5,538.72 at the 3:30 p.m. close in Riyadh. The measure has lost 20 percent since reaching its 2010 high, the common definition of a bear market. Credit-default swaps linked to Saudi Arabia, used as a measure of confidence although they reference no debt, rose 4 basis points to 140, according to CMA prices in London.
“Performance in Saudi exemplifies that geo-political risk still remains unresolved within the region,” said Omair Ansari, equity strategist at Gulfmena Alternative Investments in Dubai. “We still have rumors of protests within the kingdom for March 11 and 20, which provides for a level of uncertainty, even if they do not transpire. Markets will continue to capitulate due to the inability to price in top-down risk.”
Political turmoil in the region has spread to the Persian Gulf, with protests erupting in Oman and Bahrain inspired by popular uprisings that toppled leaders in Tunisia and Egypt. Websites have called for a nationwide Saudi “Day of Rage” on March 11 and March 20, Human Rights Watch said in a statement yesterday.
‘Flooded With Fear’
“The market is flooded with fear and investors cannot seem to find anything that reassures them of a possible light at the end of the tunnel,” said Amro Halwani, senior equity sales trader at Shuaa Capital PSC in Riyadh. “Right now it’s a rumor- driven market and cash seems to be the safest place to be in.”
Prince Talal Bin Abdul Aziz Al Saud, a member of Saudi Arabia’s royal family, said on Feb. 17 that the kingdom may see protests unless King Abdullah introduces reforms, according to BBC Arabic TV.
The king boosted spending on housing by 40 billion riyals ($10.7 billion) on Feb. 23. The social security budget was raised by 1 billion riyals and he also ordered the creation of 1,200 jobs in supervision programs and made permanent a 15 percent cost-of-living allowance for government employees, according to a statement on state-run television.
Saudi Arabia is the world’s biggest exporter of oil and the largest Arab economy. Crude gained 0.9 percent to $97.81 a barrel at 8 a.m. in electronic trading on the New York Mercantile Exchange.
Cleric
Authorities “should immediately release” Tawfiq al-Amir, a Shiite cleric in the country, who was apparently arrested after he called for a constitutional monarchy and equal rights for the Shiite minority, Human Rights Watch said in its statement.
Al-Rajhi, the country’s largest publicly traded lender by market value, fell 2.7 percent to 71.5 riyals, the lowest since January 2010. Sabic decreased to 86 riyals, the lowest since Sept. 1.
Oman’s measure surged 4.1 percent after slumping 4.9 percent yesterday. The DFM General Index rose 1 percent. Kuwait’s SE Price Index dropped 2.5 percent and Bahrain’s BB All Share Index fell 0.5 percent. Abu Dhabi’s ADX General Index retreated 0.6 percent.
To contact the reporters on this story: Zahra Hankir in Dubai at zhankir@bloomberg.net; Alaa Shahine in Dubai at asalha@bloomberg.net
To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net