India: Current upward movement in Gold prices has been due to, weakening of the US dollar, upcoming festive seasons, concerns on inflation due to low rates by the government. As gold has very less relationship to other asset classes, people consider it as a relatively less riskier investment (safe haven). Those of you who are thinking of borrowing money to invest in gold, think again as the interest rates in India are higher than the risk involved. Continue reading Gold Prices Rising: Worth Investing or Just Speculation?
Category Archives: People
Rain Claims 130 Lives in Karnataka and Andhra; Rescue Operations by Armed Forces
At least 130 people have been killed including 104 in Karnataka and 26 in Andhra Pradesh due to torrential rains caused by deep depression in Bay of Bengal. Thousands have been rendered homeless and death toll is on rise. Army and Air forces are leading the rescue and relief operations. Krishna basin has seen the worst flood in 100 years. The Krishna and Tungabhadra rivers are reaching danger levels while several rivulets are overflowing. The Hyderabad-Bangalore national highway has come to a halt. The rains might continue till Tuesday posing more danger to the region.
In karnataka the worst hit, with casualty taking place, are as are Bijapur (29), Gulbarga (13), Raichur (11), Koppal (10), Bagalkot (10), Davangere (9) and Bellary (8), Belgaum (6). Gadag (5), Bidar (2) and Chikkballapur (1). In Andhra Kurnool, Mahboobnagar, Krishna and Guntur Districts are the affected areas.
Our View: This is yet another time when our Disaster Management Capabilities are being tested.
Link:http://news.in.msn.com/national/article.aspx?cp-documentid=3260857
Maoists Attack Bihar: 16 killed including 5 children
16 people, including 11 men and 5 children have been killed by Maoist leader in Amosi Bharen Diara village of Bihar. Dispute over 30 bighas of land is said to be the reason behind the attacks. The attack was carried out with an intention of grabbing the land. This is the first case during the NDA regime led by CM Nitish Kumar.
PM earlier this month had agreed that the government had not yet achieved much success in containing the left extremism. Note that last year alone there were a 1,591 incidents of Maoist violence resulting in 721 killings; this year until August there had been 1,405 incidents, resulting in 580 deaths spread over 11 states as told by the home minister P. Chidambaram. Thus it still remains a great internal security threat to our country.
Our View: Governments might be taking steps to address the problem but the maoists continue to haunt the nation. The alarming thing being that many sections including youth and intelligentsia are joining the movements. The problem has to be checked and contained; devised strategies have to look into many aspects like security management, economic stability and source of funds (to the movement).
Link:
http://timesofindia.indiatimes.com/news/india/16-killed-in-suspected-Maoist-attack-in-Bihar/articleshow/5079561.cms
http://timesofindia.indiatimes.com/news/india/Fight-against-Maoists-failing-admits-PM/articleshow/5013751.cms
http://news.rediff.com/report/2009/oct/02/maoists-kill-16-over-land-dispute.htm
Maoist Attack Bihar: 16 killed including 5 children
…
Friday, October 2, 2009 8:10:25 AM
| From: | ||
| To: | Shankar AVSB <shankar_avsb@yahoo.com> |
16 people, including 11 men and 5 children have been killed by Maoist leader in Amosi Bharen Diara village of Bihar. Dispute over 30 bighas of land is said to be the reason behind the attacks. The attack was carried out with an intention of grabbing the land. This is the first case during the NDA regime led by CM Nitish Kumar.
PM earlier this month had agreed that the government had not yet achieved much success in containing the left extremism. Note that last year alone there were a 1,591 incidents of Maoist violence resulting in 721 killings; this year until August there had been 1,405 incidents, resulting in 580 deaths spread over 11 states as told by the home minister P. Chidambaram. Thus it still remains a great internal security threat to our country.
Our View: Governments might be taking steps to address the problem but the maoists continue to haunt the nation. The alarming thing being that many sections including youth and intelligentsia are joining the movements. The problem has to be checked and contained; devised strategies have to look into many aspects like security management, economic stability and source of funds (to the movement).
Link:
http://timesofindia.indiatimes.com/news/india/16-killed-in-suspected-Maoist-attack-in-Bihar/articleshow/5079561.cms
http://timesofindia.indiatimes.com/news/india/Fight-against-Maoists-failing-admits-PM/articleshow/5013751.cms
http://news.rediff.com/report/2009/oct/02/maoists-kill-16-over-land-dispute.htm
Trip to Chandni Chowk in Old Delhi
Chandni Chowk in Old Delhi puts a unique stamp on the Delhi’s heritage. The busy crowded lanes and the maze of shops gives very “in India” feeling. Thousands of people find employment here in small jobs, hopeful to earn enough for the day, week, and month. The shops exhibit the classic Indian shopping mix: an Aggrawal Sweet Store between an Ahuja Tent House and a Singh Auto Repair.
Following is nice video by Bina. The ending is at the Delhi Sheraton, which was then hosting Russian President Vladimir Putin. By the way, if you have photos or videos or interesting info on Chandni Chowk, please share with us and we will post it here with due credit to you.