INDIAN RETAIL INVESTORS:- MY OBSERVATIONS ABOUT INDIAN STOCK MARKET

1. NEVER INVEST JUST THAT SOMEONE ADVISED YOU TO INVEST.DO NOT DEPEND ON TIPS

2. STUDY THE BUSINESS MODEL AND SCOPE OF FUTURE EARNINGS AND SPECIALLY GENERATION OF FREE CASH BY COMPANY.(FREE CASH MEANS PROFIT BEFORE DEPRECIATION BUT AFTER TAX AND ADJUST WORKING CAPITAL INCREASE AND DECREASE BETWEEN DATES OF COMPARISON) NET EFFECT

WILL SHOW THE REAL CASH GENERATED BY COMPANY.REMAIN CAUTIOUS WITH COMPANY WITH VERY HIGH PE RATIO AS COMPARED TO PEERS AND INDUSTRY.

3. CHECK THE INTEGRITY OF PROMOTERS.

4. NEVER INVEST ON THURSDAY IN RISING MARKETS AS ON FRIDAY BROKERS PULL THE SHARES DOWN

5. INDIAN MARKET IS TRIPLE SANDWICHED AMONG USA (CLOSING AFTER MIDNIGHT)–FOLLOWED BY ASIAN IN THE MORNING AND THEN MID DAY BY EUROPEAN AND HENCE THEY IMPACT OUR MARKETS.KEEP A TRACK ON THESE MARKETS.

6. READ MAIN NEWS PAPERS LIKE THE ECONOMIC TIMES/SITE LIKE MONEY CONTROL TO KEEP WATCH ON NEWS RELATED TO STOCK SPECIFIC COMPANIES.

7. AVOID PLAYING INTO DAY TO DAY TRADING AND F & O UNLESS YOU HAVE SURPLUS MONEY AND EXPERTISE.

8. INDIAN ECONOMY DEPENDS ON OIL PRICES-GOING UP GOOD FOR USA BUT NOT FOR INDIA.

9. IF YOU ARE SITTING ON GOOD PROFITS THEN TRY TO COME OUT AROUND DIWALI DAYS AS MUTUAL FUNDS AND FIIs LIQUIDATE SOME PERCENTAGE OF THEIR HOLDING 7 TO 10 DAYS BEFORE CHRISTMAS FOR DIVIDEND DISTRIBUTION TO INVESTORS.

10. INVEST IN COMPANIES HAVING REGULAR GOOD VOLUMES ON DAY TO DAY BASIS AS IT IS EASY TO COME OUT WHEN YOU NEED MONEY.

11. BE CAREFUL AT THE TIME OF BUYING AND SELLING THOSE SHARES WHERE THERE IS WIDE GAP BETWEEN SELLING AND BUYING PRICE QUOTES.

12. AND LAST A WORD OF CAUTION.STOCK MARKET CAN GIVE UNEXPECTED JERKS SO PLEASE MAKE SURE YOU HAVE SUFFICIENT FUNDS PARKED SAFELY TO MEET YOUR DAY TO DAY EXPENSES FOR

SURVIVAL.

13.BE EXTRA CAREFUL ON LAST THURSDAY OF THE MONTH BEING EXPIRY DAY. 

HAPPY INVESTING AND GOOD LUCK! 

DEDICATED TO ALL CORPORATE GUYS WORLD OVER

Project Manager is a Person who thinks nine women can deliver a baby in One month.

Procurement manager is a Person who thinks it will take 18 months to deliver a Baby.

Operations Head is one who thinks single woman can deliver nine babies in one month if works harder.

Marketing Manager is a person who convinces anyone that he can deliver a baby even if no man and woman are

available.

Financial Budget Team thinks they don't need a man or woman; they'll produce a child with zero resources.

Planning Team thinks they don't care whether the child is delivered, they'll just document 9 months.

Quality Auditor is the person who is never happy with a delivered baby.

HR Manager is a person who thinks that... a Donkey can deliver a Human Baby - if given 9 Months.

Customer is the one who doesn't know why he wants a baby….!!!!!

WHAT NEGATIVE RATE OF INTEREST BY SOME DEVELOPED COUNTRIES LIKE JAPAN SIGNIFIES? LOOKS LIKE RENTAL FOR KEEPING CASH (OF A DEAD PERSON) IN THE LOCKER WITH THE BANK

UNDERSTANDING THE MEANING OF NEGATIVE INTEREST RATES?

Negative interest rates mean that depositors which in case here are the banks in a country pay money to save their money, being just a reversal of the normal rules of banking and economics.Like general public keeping accounts at a local bank, lenders hold their unused cash at country's central banks like the USA Federal Reserve, the European Central Bank and the Bank of Japan. Normally, they receive a small amount of interest in return.But with negative rates, central banks charge a fee instead. The idea is to encourage banks to put their money to more productive use, lending it to households and businesses. Negative rates are supposed to then ripple through contry economies by lowering the cost of borrowing for all — something that should encourage economic growth.It sounds like a lay man taking on rent a bank locker to keep his/her cash .How funny?

Which countries have negative rates?

Those with very low levels of inflation or deflation, meaning falling prices associated with weak economic growth. The European Central Bank, which oversees monetary policy for countries that use the euro, introduced negative rates in 2014. Denmark, Sweden and Switzerland, which are not part of the eurozone, also have negative rates.Japan’s central bank followed in January, announcing that it would charge commercial banks a fee of 0.1 percent on a portion of their reserves that they keep with it.

What are the economic dangers of situation like negative rates ?

1.It shows that countries economic activities are not picking up.

2.Indication of fall in corporate earnings/revenues due to lower consumer prices and thereby companies failing to repay loans to banks.

3.Overall economic sentiments are low.Public confidence go low.

4.can lead to banks failure

5.Stock markets may sooner or later collapse due to money lying idle with banks without any productive end use as corporate expected future earnings which form the basis of Stock prices valuations will be in reverse order.Companies having high stock?share valuations not supported by Price /earnings ratio (PE ratio) will be the first to get harsh beating at stock exchanges and bringing the dooms day for Retail Investors in general.This is also clearly visible as to why USA fed Reserve is finding it difficult to raise interest rates and still having dovish tone.

MASALA BONDS

The term Masala Bonds is used to refer to rupee-denominated borrowings by Indian entities in overseas markets. The International Finance Corporation (IFC), the investment arm of the World Bank, last November, issued a ₹1,000 crore bond to fund infrastructure projects in India. These bonds were listed on the London Stock Exchange (LSE). IFC then named them Masala bonds to give a local flavour by calling to mind Indian culture and cuisine. While it may seem odd to name a staid debt instrument after food stuffs, it has been done in the past. Chinese bonds, named Dim-sum bonds after a popular dish in Hong Kong, have been around for while. So have Japanese bonds named Samurai after the country’s warrior class.

When I visited the Vatican City

Dear Readers

I was born as Hindu in Mission Hospital at Indian Border town Firozpur (Punjab) and was nursed by Sister named Kamla a Catholic Christian.(Fortunately my Hospital Birth card carries her name on it) And being the last and youngest of all siblings I was the only one who was delivered in a hospital.

My mother who made me a man of principles and with basic human Values always wanted me to grow big in life and go around the world and also to visit Vatican City once in life as per the wish of my nurse Kamla. Due to blessings of almighty I could make it in May 2008 to visit Vatican City and could feel the divine atmosphere prevailing there .I always believed GOD is ONE although worshipped by different peoples by different names around the World.Although I never saw my nurse when I grew up but I raised my head above to tell her that I made her wish come true.I could get chance to visit many places of Worship of Christians -Brussels, Amsterdam,Italy,Heidelberg,Austria to name a few and every time I thanked Kamla for this.

Why attribute irrational miracles to Mother Teresa? an important article by Pallava Bagla published in The Economic times Sep 4,2016

In her lifetime, she had already earned the title 'saint of the gutters' and to the thousands of destitute and needy who she cared for she was a 'living god'. 

And today, Agnes Gonxha Bojaxhiu, a Catholic nun who served the poor inKolkata, is formally bestowed the title of Saint Teresa by Pope John Paul II at a function at the Vatican City. 

Her journey from her birth place Skopje, now in Macedonia, to her yeoman work in West Bengal is itself a 'miracle' but after her death to attribute this diminutive woman with a Herculean grit for serving the poor of having performed 'miracles' like curing two people of diseases borders on irrationality. 

Mother Teresa should have been made a saint without having so-called miracles associated with her name. 

It is worth highlighting that the Constitution of India in Article 51A (h) enunciates "to develop the scientific temper, humanism and the spirit of inquiry and reform". This is where attribution of so-called miracles comes into conflict with the under standings of modern science. But India is complex civilisation where faith, science, religion and superstition all co-exit mostly in harmony but occasionally in conflict. 

India's best known living scientist and recent Bharat Ratna Professor CNR Rao on being asked said "No,I do not believe in miracles. One in thing general I will tell you, in India there is confusion between religion, faith, superstition and science. 

"Faith everybody should have one thing or the other, like if in science you must have faith in the laws of

physics. Faith is something everybody should have. If somebody has faith in philosophy or God, I have nothing against it; however, it should not give rise to superstition. 

"Even Einstein said nobody could be without faith. Religion also you can have any religion, but do not mix it up with other things in life. Faith has nothing to do with believing in things that cannot happen against the laws of physics." 

But for Mother Teresa to officially become a saint she needed to perform some miracles and according to the National Catholic Register: "The first [miracle] took place in West Bengal, India, and involved the healing of an Indian woman, Monica Besra, whose abdominal tumour was so severe that her doctors abandoned hope of saving her. 

"Taken into the care of the Missionaries of Charity, she continued to decline and endured such agony from the tumour that she could no longer sleep. On the one-year anniversary of Mother's passing, the sisters at the home placed a Miraculous Medal that had been touched to the body of Mother Teresa on Besra's stomach. The suffering woman fell asleep, and when she woke up, her pain was gone. Doctors examined her and found the reason why: The tumour had disappeared completely."

DOUBLE WHAMMY;WHAT THE SURROGACY BILL BRINGS FOR INDIA

By Prabha Raghavan & Divya Rajagopal, ET Bureau | Sep 03, 2016, 03.33 AM IST 

It took two decades of savings, a long, unsuccessful attempt at adoption and an uncooperative family before Mrs.X and her husband used the last resort - a surrogate mother - to have their baby. Sitting at her doctor's clinic in south Delhi, Mrs X, now 48, narrates how the painful and expensive invitro fertilisation (IVF) treatment failed her four times since 1995 and how her endeavor to adopt caused a furor after her in-laws found out. That's when she and her husband decided to have a child through surrogacy, where a young woman bears a child for someone else. In India, a surrogate mother often bears the child for a price, which benefits both sides. However, if the Indian government has its way, a new bill will all but shut the doors on surrogacy, one of the least-used options by childless Indians. Last week, the Union Cabinet approved the Surrogacy (Regulation) Bill, 2016, which is aimed at curbing unethical and commercial practices and preventing the exploitation of poor women as substitute mothers. 

In the process, however, the bill proposes to narrow options for those wanting children and shuts out an income-earning opportunity for women as surrogate mothers. For one thing, the bill makes only married couples eligible for surrogacy - no single parents, live-in couples and gays, please. The couple must certify that one of them is medically unfit to reproduce naturally. Those who have biological or adopted children will not be eligible for a surrogate, a point emphasised by external affairs  . Sushma Swaraj, who targeted celebrities opting for surrogacy after having their own biological children. 

"I am sad to say that what was started to fulfill a necessity is now treated as fashion," Swaraj had complained. She was one of the members of the committee that prepared the bill. These restrictions, especially those based on marital status, have drawn criticism. "When the law allows adoption by a single parent, why not allow surrogacy too?" Indira Hinduja, a Mumbai-based infertility specialist who delivered India's first test-tube baby in 1988, asked soon after the cabinet approved the bill. In response, health minister JP Nadda said a family institution was required to protect children from potential abuse and the adoption laws, too, need many changes that will be taken up later on. Swaraj had suggested that couples who don't have close relatives who can offer to be surrogate mothers should look at adoption more closely. As far as surrogates are concerned, the government's heart might be in the right place in wanting to curb the exploitation of poor women hired to bear children for for others. Not that the government wants to completely ban the renting of wombs, but it wants to make it an altruistic practice, where eligible women offer to be surrogates for family members in need. The bill says surrogate mothers should be married and should have given birth to a healthy child before.

Women who are foreign nationals, non-resident Indians or overseas citizens of India cannot become surrogate mothers. "How many women will agree to bear someone's child for nine months for altruistic reasons without any advantage? Could there be the possibility of coercion of daughters-in-law in families?" asked Duru Shah, President of Indian Society for Assisted Reproduction, a lobby group of top IVF doctors. Experts say couples in India try various medical treatment options before they go for surrogacy, which can cost as much as Rs 15 lakh. 

Dr Aniruddha Malpani, who runs an IVF clinic in Mumbai, says that only 10,000 surrogacy treatments are done in a year, which is too small a number. Even so, it eliminates a lifeline for those willing to become surrogate mothers. In a south Delhi IVF clinic, 25-year-old Priya (name changed), a surrogate mother, is waiting for her appointment. With her dupatta, she tries to cover her bulge, but the seven-month baby she carries is difficult to hide. The mother of two children aged 6 and 4, Priya agreed to be a surrogate for a couple after her neighbour told her about the possibility of earning more than what she would as a daily-wage labourer. 

With a family income of Rs 8,000 per month, it was difficult for Priya and her husband to feed their two children, let alone educate them. Priya decided to rent her womb so that she could secure a better future for her children. "There was a time we didn't even have money to buy milk. Now, I'm able to feed myself and my kids and even pay their school fees," Priya told ET. She has been promised `4 lakh, excluding the treatment and delivery costs, which the commissioning couple pays for.Not all suurrogate mothers are treated the way Priya is - and that was the genesis of this bill. 

The lack of provisions to regulate surrogacy, which was legalised here in 2002, made it easy to commission economically poor and illiterate women to be surrogates, a practice that put many of their lives at risk, according to activists and researchers. Some surrogates reportedly rented out their wombs more than once despite the perils associated with pregnancy. The bill proposes a fine of `10 lakh and jail terms of up to 10 years for violations. Many IVF specialists, while welcoming clearer guidelines for strict punishment, have frowned upon the proposed restrictions and some have even called it an attempt to impose a certain religious or moral ideal in a secular country. 

"This is a black day in the history of science and scientific development. We have put our country back by many years," said Rita Bakshi, who runs the International Fertility Centre in New Delhi. Health minister Nadda has said that while the government is open to ideas to improve the bill, provisions to protect women from being exploited were non-negotiable. He cited instances where children born through surrogacy had been abandoned and a surrogate woman's family not being compensated after she died during childbirth. Commercial surrogacy is banned in most countries, argued Nadda. "The reality is that the government has been forced to step in because the medical profession failed to regulate itself," said Malpani. 

"So when an IVF doctor takes advantage of the fact that there is no law or regulation and performs completely unacceptable treatments because he is not barred from doing so by the law and other doctors keep quiet and do nothing about this, then how can the government continue to remain a silent bystander?" There is unanimous agreement among healthcare professionals on the need for regulation - what's open for debate is how it should be done. Malpani suggested that surrogacy should be governed by the Central Adoption Resource Authority, which can help coordinate the process and keep a check on exploitation. The other issue is whether the state should have a say on what women do with their bodies. 

Read more at:
http://economictimes.indiatimes.com/articleshow/53987298.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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Laws related to registration of property transactions in India

Source: Housing.com/news

The law of registration of documents is contained in the Indian Registration Act. This legislation provides for the registration of various documents, to ensure conservation of evidence, prevention of fraud and assurance of title. Documents of property requiring mandatory registration As per Section 17 of the Registration Act, 1908, all transactions that involve the sale of an immovable property for a value exceeding Rs 100, should be registered. This effectively means that all the transactions of sale of immovable property have to be registered, as no immovable property can be purchased for merely Rs 100. 

Additionally, all transactions of gift of an immovable property, as well as lease for a period exceeding 12 months, are also mandatorily required to be registered. In special cases, when a party to the transaction cannot come to the sub-registrar’s office, the sub-registrar may depute any of its officers to accept the documents for registration, at the residence of such person. 

The term ‘immovable property’ includes land, buildings and any rights attached to these properties. See also: Stamp duty is compulsory during property registration Procedure and documents required The property documents that need to be registered, should be submitted to the office of the Sub-Registrar of Assurances within whose jurisdiction the property, which is the subject matter of transfer, is situated. The authorised signatories for the seller and the purchaser, have to be present along with two witnesses, for registration of the documents. 

The signatories should carry their proof of identity. The documents that are accepted for this purpose, include Aadhaar Card, PAN Card, or any other proof of identity issued by a government authority. The signatories also have to furnish the power of authority, if they are representing someone else.  In case a company is party to the agreement, the person representing the company has to carry adequate documents, like power of attorney/letter of authority, along with a copy of the resolution of the company’s board, authorising him to carry out the registration. 

You need to present the property card to the sub-registrar, along with the original documents and proof of payment of stamp duty. Before registering the documents, the sub-registrar will verify whether adequate stamp duty has been paid for the property, as per the stamp duty ready reckoner. In case there is any deficit in the stamp duty, the registrar will refuse to register the documents. Time limit and fee payable Documents that have to be mandatorily registered, should be presented within four months from the date of their execution, along with the requisite fee. In case the time limit has expired, you can make an application to the sub-registrar for condonation of the delay, within the next four months and the registrar may agree to register such documents, on payment of a fine that may be up to ten times the original registration fee. 

The registration fee for property documents is 1% of the value of the property, subject to a maximum of Rs 30,000. Earlier, the documents that were presented for registration, would be returned to you after a period of six months. However, with computerisation of the offices of the sub-registrar, the documents (bearing the registration number and proof that the documents have been registered by the registrar) are scanned and returned to you on the same day. Impact of non-registration Failure to register the purchase agreement of a property, could put you at a huge risk. Any document that is mandatorily required to be registered but is not registered, cannot be admitted as evidence in any court of law.

Read more at: http://www.moneycontrol.com/news/real-estate/laws-related-to-registrationproperty-transactionsindia_7395301.html?utm_source=ref_article

Whisky Trivia - Interesting!

🔺The world's most expensive bottle of Scotch whisky is Isabella’s Islay ($6.2 million).

🔺The oldest Scotch whisky on the market is the Aisla T’Orten 107 years old, distilled in 1906. It costs $ 1.43 million

🔺Glenfiddich is the world's best-selling single malt

🔺Johnnie Walker Red Label is the world's best-selling Scotch

🔺The Famous Grouse is the best-selling whisky in Scotland

🔺Glenmorangie is the best-selling single malt in Scotland.

🔺The world's fastest growing Scotch today is Black Dog. India is a major contributor to its sales.

🔺The five most popular single malts globally are Glenfiddich, The Glenlivet, Glenmorangie Original, Aberlour and Laphroaig

🔺Bruichladdich’s The Octomore is the most heavily peated whisky in the world (167ppm)

🔺The three oldest single malts currently sold are Glenturret, Oban and Glenlivet

🔺The oldest distillery in Scotland is Glenturret (1775), followed by Bowmore (1779)

🔺With each bottle of Laphroaig that you buy, you are entitled to a lifetime lease of one sq foot of the distillery’s land, along with a personalized certificate of ownership

🔺Cadenhead’s Whisky Shop on Canongate, has a unique selling point: customers can have a bottle poured straight from a cask and labeled with their name. When sealed it has a label with the ‘born on date’, as whisky stops aging as soon as it leaves the wooden barrel, so each bottle is a unique blend.

🔺The highest price paid at an auction for a bottle of Scotch was $631,850 for a 6-liter The Macallan “M” single malt, in a decanter by Lalique. (The highest price paid at an auction for a standard sized Scotch was $460,000 for a 64-year-old Macallan malt whisky)

🔺Edradour is the smallest distillery in Scotland. The entire operation is run by just three people

🔺The Glenmorangie distillery is one of the smallest in the Highlands and employs just sixteen craftsmen, called ‘The Sixteen Men of Tain’

🔺The most expensive country in which to buy Scotch, ironically, is the UK, where it is made

🔺In the UK, its home country, the five most popular blended Scotch whiskies are The Famous Grouse, William Grant’s, Bell’s, Teacher’s and J&B Rare. Note: Johnnie Walker does not feature in the list of best-selling blends in its home country.

🔺A closed bottle of Scotch can be kept for 100 years and still be good to drink. After opening, a bottle of Scotch whisky will remain good for five years.

🔺The Australian Wine Research Institute has introduced a measure called a standard drink. In Australia, a standard drink contains 10 g (12.67 ml) of alcohol, the amount that an average adult male can metabolize in one hour.

🔺Although their proof differs, standard drinks of beer, wine and spirits contain the same amount of alcohol – 0.6 ounces each. They’re all the same to a breathalyzer.

🔺18,000 litres of Scotch whisky worth over $800,000 were accidentally flushed down the drain at Chivas Brothers’ Dumbarton bottling plant in 2013.

🔺Experts advise you to drink single malt with just a dash of water. The water supposedly ‘releases the serpent’ from the whisky

🔺If there is a serpent, there is also an angel. As it ages, 2-2.5 % of the whisky maturing in a barrel is lost to evaporation every year. Distillers refer to this as the ‘angel’s share’.

🔺There is also a devil. The whisky absorbed by the wood of barrel during maturation is known as the 'devil's cut’

🔺Some sources claim that the Irish whiskey distillers brought the Irish custom of triple distillation with them to Scotland. Auchentoshan was probably started by Irish settlers, led by the MacBeathas, starting this custom. The source of the name Auchentoshan is Gaelic. It means 'corner of the field'.

🔺The United States and Ireland spell it as 'whiskey'. A simple way to remember the spelling: if it comes from a country without an ‘e’ in its spelling, then it is spelt 'whisky'. (e.g., Scotland, Canada, Japan, India, etc.)

🔺Indian 'whisky' is technically flavoured rum, because it's essentially made from sugar

🍷🍷🍷🍷🍷🍷🍷🍷
😀 G. K for all the Whisky Lovers

(Navneet Singhal).

Cholesterol is finally officially removed from Naughty List

The US government has finally accepted that cholesterol is not a 'nutrient of concern', doing a U-turn on their warnings to us to stay away from high-cholesterol foods since the 1970s to avoid heart disease and clogged arteries.

This means butter, full-fat dairy products, nuts, coconut oil have now been classified as "safe" and have been officially removed from the "nutrients of concern" list.

The US Department of Agriculture, which is responsible for updating the guidelines every five years, stated in its findings for 2015: "Previously, the Dietary Guidelines for Americans recommended that cholesterol intake be limited to no more than 300 mg/day.

"The 2015 DGAC will not bring forward this recommendation because available evidence shows no appreciable relationship between consumption of dietary cholesterol and serum (blood) cholesterol, consistent with the AHA/ACC (American Heart Association / American College of Cardiology)

The Dietary Guidelines Advisory Committee will, in response, no longer warn people against eating high-cholesterol foods and will instead focus on sugar as the main substance of dietary concern.

US cardiologist Dr Steven Nissen said: "It's the right decision. We got the dietary guidelines wrong. They've been wrong for decades."

"When we eat more foods rich in this compound, our bodies make less. If we deprive ourselves of foods high in cholesterol - such as eggs, butter, and liver - our body revs up .

The Real Truth about Cholesterol

The majority of the cholesterol in you is produced by your liver. Your brain is primarily made up from cholesterol. It is essential for nerve cells to function. Cholesterol is the basis for the creation of all the steroid hormones, including estrogen, testosterone, and corticosteroids. High cholesterol in the body is a clear indication
which shows the liver of the individual is in good health.

Dr. George V. Mann M.D. associate director of the Framingham study for the incidence and prevalence of cardiovascular disease (CVD) and its risk factors states: "Saturated fats and cholesterol in the diet are not the cause of coronary heart disease. That myth is the greatest deception of the century, perhaps of any century"

Cholesterol is the biggest medical scam of all time.

There is no such thing as bad Cholesterol!

So you can stop trying to change your Cholesterol level. Studies prove beyond a doubt, cholesterol doesn't cause heart disease and it won't stop a heart attack. The majority of people that have heart attacks have normal cholesterol levels.

OUR BODY NEEDS 950 mg OF CHOLESTEROL FOR DAILY METABOLISM AND THE LIVER IS THE MAIN PRODUCER.

ONLY 15% OF CHOLESTEROL IS BEING DONATED BY THE FOOD WE EAT. If the fat content is less in our food we eat, our liver
Got to work more to maintain the level at 950 mg. If the cholesterol level is high in our body, it shows the liver is working perfect.

Experts say that there is nothing like LDL or HDL. 
…………..
….. Cholesterol is not found to create block any where in human body.

(Navneet Singhal)

"EACH GIVES WHAT HE HAS"

Back in the days when Germany was divided, a huge wall separated East and West Berlin. One day, some people in East Berlin took a truck load of garbage and dumped it on the West Berlin side.
The people of West Berlin could have done the same thing, but they didn't. Instead they took a truck load of canned goods, bread, milk and other provisions, and neatly stacked it on the East Berlin side.
On top of this stack they placed the sign:

*“EACH GIVES WHAT HE HAS"*

How very true! You can only give what you have.
My dear friend, what do you have inside of you? Is it hate or love? Violence or peace? Death or life?
What have you acquired over the years?
Is it capacity to build or capacity to destroy?

Is it ability to make money or steal money? 
Is it ingenuity to develop good things that will benefit mankind or ability to bomb those good things that others have labored to build?ñ

*"EACH GIVES WHAT HE HAS"*

Think about it !

*BIGGEST IGNORES IN INDIA*-on lighter side but fact.

1) We'd rather spend more on daughters wedding than on her education

2) We live in a country where seeing a policeman makes us nervous rather than feeling safe.

3) In IAS (Indian Administrative Services) exam,a person writes a brilliant 1500 words essay about how Dowry is a social evil. Impresses everyone and cracks the exam.

One year later,same person demands a dowry of 1 crore, because he is an IAS officer

4) Indians are very shy and still are 1.25 billion 

5) Indians are obsessed with screen guards on their smartphones even though most come with scratch proof Gorilla Glass,but never bother wearing a helmet while riding their bikes 

7) Reserved people get more benefit than deserve people...! 

8) The worst movies earn the most

9) A porn-star is accepted in society as a celebrity,but a rape victim is not even accepted as a normal human being

10) Politicians Divide us,Terrorists Unite us 

11) Everyone is in a hurry,but no one reaches office on time

12) Priyanka Chopra earned more money playing Mary Kom, than Mary Kom earned in her entire career

13) Its dangerous to talk to strangers,but it's perfectly ok to marry one

14) Most people who fight over Gita and Quran,have probably never read any of them

15)The shoes we wear are sold in air Conditioned showrooms,the vegetables we eat are sold on the footpath.

Navneet Singhal

CHINDIA-China's high-speed train maker launches operations in India

By PTI | Aug 21, 2016, 11.29 AM IST

China's largest high speed train maker has announced that its first $63.4 million joint venture plant in India to repair and manufacture railway locomotive engines has started operations. 

The state-run China Railway Rolling Stock Corporation (CRRC) is the first foreign company to set up assembly line of rail transportation equipment in India after Prime Minister Narendra Modi unveiled his ambitious 'Make in India' campaign in 2014, the company said in statement. 

The joint venture named CRRC Pioneer (India) Electric Co. Ltd., is housed in Haryana. 

The plant was set up with an investment $63.4 million and the Chinese side holds 51 per cent of the share, state-run Xinhua news agency reported. 

The India plant will repair and manufacture railway locomotive engines.

It will also provide technology support to India's rail system and supply electric transmission systems to oil drilling, wind power generation and mining equipment making in India, the report said.

This is China's first major investment in Indian Railways after the two worked out a multi-pronged collaboration for Chinese participation in the modernisation of Indian railway systems. 

While Indian Railway engineers are getting trained in China in heavy hauling, China is also cooperating with India to set up a railway university similar to the one it developed.

China is also conducting feasibility study to build a high speed railway line between Chennai and New Delhi. 

Japan has bagged the first bullet train project to build a high speed rail line between Ahmedabad and Mumbai. CRRC Vice President Yu Weiping said the new plant will create jobs and tax revenue for local people and help improve infrastructure. It will advance cooperation in industrial capacity and local equipment manufacturing, he said.

India has one of the world's largest railway network spanning about 64,000 kilometres. Since its presence in the Indian market in 2007, CRRC has supplied it with subway trains, locomotive engines and other railway vehicles and parts, the report said.

"Given more than 60,000 kilometres of railways in India, it is far from enough to build a single locomotive engine plant in India," Yu said. 

"CRRC will build more plants (that are) able to produce trains, locomotive traction systems and other key parts in India," he said. CRRC,

formed from the merger of former rivals CNR Corp. and China CSR, has been aggressively reaching out to overseas markets, exporting rail transportation equipment to 101 countries and regions. Its first plant in North America started operations in September 2015 in Massachusetts. 

Read more at:

http://economictimes.indiatimes.com/articleshow/53793957.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

ARE USA AND EUROPEAN UNION CITIZENS STRONG ENOUGH TO FACE ECONOMIC CRISES AS COMPARED TO RUSSIANS-CHINESE-JAPANESE-INDIANS

USA  and European Union countries have seen substantial economic prosperity as compared with other countries in the world over the last many decades.Another strong point in favour of USA and EU citizens is the huge amount of money spent by their respective Governments towards Social security measures in the form of medical insurances-Unemployment compensation-pensions etc etc.These Citizens over a period of time due to economic power have become used to a well protected and a bit lavish style of living.They specially in USA look for a very high pay packages even for small jobs involving low skills thereby paving a way for entry by workers from China-India and other Asian countries under different types of employment Visas.(Which now Mr.Donald Trump wants to bring back to Americans only). I have been to USA and many European countries and seen the way people live there and It looked like wonderland to me.

Now I discuss a situation where there happens an economic slow down or crises in USA or EU and Citizens of these countries whom I now consider pampered and Chocolate boys had to face it.Are they well equipped to face such a financial crises wherein Unemployment compensation becomes ZERO-No State medical insurance-No pensions at the cost of tax paying citizens? My answer is clear no.

Now when I look into countries like Russia -China-India and other Asian countries and the way these citizens live there with a preventive and financially cautious approach in life I feel that they are well groomed due to initial hardships experienced by them to face any adverse situations in the time to come.Japanese although are very prosperous and much more financially sound  than an average American but still due to their basic cultural values being intact and having survived the crises after WWII are capable of surviving any economic crises.

HOW SOME PROMOTERS USE CROSS HOLDINGS TO DIVERT FUNDS AND ESCAPE TAX

Extracts from write up By Kala Vijayraghavan & Maulik Vyas, ET Bureau | Aug 20, 2016, 02.33 AM IST

"Many promoters create new companies and subsidiaries which will then go to the bank and raise the capital. After that, showing the same money in another company, a promoter raises further money, without any underlying assets,"

"Also, there are instances where companies have generated fake orders and inflated their order books, which helps them to raise capital further from the banks."

With the Benami law apparently glazing over the practice, it's being used by promoters whose businesses are deep in debt and want to protect assets or raise more money, said experts. Parliament passed the Benami Transactions (Prohibition) Amendment Bill, 2015, in August, paving the way for comprehensive legislation to tackle black money within the country.

Ever more sophisticated methods are being used to conceal ownership.A web of firms can be used to make order books look better, resulting in higher valuations or making it easier to raise capital while obscuring ownership and funding sources.

Control is exercised by ensuring that trusted persons are nominated by the real/ beneficial owners to be elected as directors, said a director at an Indian conglomerate. Such practices are seen in real estate, trading and infrastructure, the person said.

However, with the evolution of know-your-customer (KYC) norms, rules mandating the disclosure of ultimate beneficiaries and Foreign Account Tax Compliance Act (Fatca) reporting, the world is becoming a difficult place to hide in.

"Prudence suggests that simplicity in structure is the need of the hour since complex will not always turn out to be efficient,"

BUT WHERE THERE IS A WILL...
"No matter how stringent laws might be, there are advisors who will help companies to continue business as usual. It has more to do with intention of the promoters than act itself,"

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