Saturday, October 25, 2008

Diwali Me Diwala!!!

Financial Turmoil at US stock market continuing wid DowZones and Nasdaq bleeding.Same conditions prevail at Dalal street wid BSE sensex and nifty hitting all time low.Investors are low in confidence,FIIs withdrawing money from stock maket under these conditions which is hitting the stock market hard.The Market situation is becoming from worse to worser.Everyone is worried about what is going to happen.Where are we heading to but no one has the answer.
According to an estimate top 10  industrialists of our country have lost 139 arab US$ in this Financial Tsunami with top lossers being Mukesh Ambani wid loss of 4000 crores,Suneel Bharti Mittal of Airtel lossing 2500 crore,KP singh of DLF real estate loosing 2500 crores,Ajij Premji of Wipro loosing 700 cores,Anil Ambani of ADAG of Reliance loosing 300 crores .In all in all stats show that this loss of top 10 industrialists comprises of 16% of India GDP.
Every Sector is suffering from heavy losses due to this recession .IT industry has been hit hard wid Top IT companies lossing major projects due to collapse of major investment banks of US.This has resulted in large job cuts and Layoffs in IT industry.Even story is the same is other sections too banks and financial institutions have also suffered heavy losses wid many foreign banks laying of employees,same is the scene in Real state industry,aviation industry has also been hit hard due to price rise of fuel in international market and this recession.Recently Jet laid of 1900 employees and took them back by reducing their salary.Thus every company is engaged in jobs cutting and cost cutting.
This recession has also caused gloomy atmospheres among young graduates passing out from T schools and  leading B schools with placements being affected at large and pakages going down,companies are either deferring the joining or cancelling the joining of last year campus recruits.
The country's growth have been affected with GDP for current year expected to be lower than what was expected and also growth in manufacturing sector have come to halt.
Under this scenario of investors and general public lossing faith in market the finance minister and RBI governor are trying to restore faith by continuoslly saying that India has sound finacial base and will not be affected much by world financial crisis.Though RBI has taken some steps by decreasing CRR to 6.5 ,repo rate dropping down to 8 from 9 percent and several other measures but all these measures have not been able to restore confidence in investors.
This global market turmoil  started with  subprime crisis when US banks gave loan to subprime lenders in a realestate boom but were unable to recover the huge loans and thus got bankrupt.The name of US big investment banks who got destroyed includes Bear Stern,Washinghnton Mutual,Lehmann Brothers and the latest one being Alpha bank .This financial Tsunami has now gripped the whole world in its arms.
Thus there are some lessons to be learnt from this whole story of turmoil that is some wrong decisions are very much important where one right decision can take you to the pinnacle of success some other wrong decisions such as subprime lending can lead to this what is being termed as one of the greatest financial crisis ever in the world.
Diwali is near but mood of the people is gloomy.Makets are void of customers and people are worried and not in festive mood.Diwali me logon ka Diwala nikal gaya hai.Hope condtions will recover as soon as possible Amen!!!




My first Love!!!

Well when i get up in the morning till the time i go to  sleep i only think abt her .Late till nite i sit beside her and only when my eyes starts to get close due to sleep do i leave her.I love her very much indeed more than anybody else.When i sit wid her i feel very much relaxed and njoy a lot.She is ma life.I cannot even think of living widout her even the simple thought of parting  from her makes me sad.She is a lifetime gift,one widout whom life is lonely and dull.She is mine and only mine .I can go anywhere i want to go wid her.She has a perfect body and great appearence and everybody is jealous of me coz of her.She is ma passion,ma friend and ma life.Now u all mus have understood na of whom i m talikg abt??.No not yet hey I m talking of my Compaq Laptop->my first love :d :p :)!!!

Time Flows By!!!

Life is a just like a deep Ocean where the more u go deep the more u realize how much hard the life is .Sometimes u find life to be very painful while on the other moment u find it very exciting n lively.Everything changes in life except onething change, there is a wise saying "Change is the only thing dat do not change".Well life brings so many surprises n so many ups and downs that that its very hard to predict life .U never know what is goin to happen tomorrow .Life has not been so gud to me till now.Though I thank the almighty that atleast I m in better position than most still I have a small complain that i never got what I dreamt for.Neways 4 yrs of engineering have passed.Enjoyed every moment of it the awesome days of Btech,days of tensionpacked uptu end sems,days of hanging out and freaking wid frnds till late at college,days of having chats wid frndz in FFC at college,days of going to malls in Noida,days when I watched every latest blockbuster in Kavita palace well know as PVR Khoda,the gud golden days of hostellife where i did every odd thing i could dream off have all become memories now which i will cherish forever.
Time has flown by and life has taken a big leap wid me joining MBA in Jamia though a bit confused about my decision to do an MBA and above all never ever thoght about Jamia for MBA but this is wat destiny has in store for me so nothing can be done.Though some people are really very good and nice here at Jamia but still i hv dearth of gud frndz.I feel lonely here n sometimes when  memories of  times I have spent wid gud old frndz of Btech days come alive the lonliness increases.Some people r really realy very good while some r really selfcentered.Though I have tried to adjust here but still sometimes feel that if i had some timemachine to return back to time that have passed i wd have probably done so.But still this is not quite possible.I hv to live here in same conditions so hope I could  make some gud pals in rest of the stay at this college and njoy every moment of time bcoz time which is passed never comes back atleast now i hv understood the imporance of time after coming here from Btech life.will miss my JSS days of engineering for ever So my moto in lifeis "Har pal yahan jee bhar jiyo jo hai sama kal ho na ho"..