Is India in Recession ?

India would not see recession, even if the international situation remained uncertain, said RBI governor D Subbarao on Saturday. But the stocks keep tumbling today also in BSE and as a Diwali gift to its investors touched below 8000 points. Though justifying RBI's cautious credit policy announced on Friday, Subbarao said that as a central bank, it had to balance growth and financial stability with price stability. Between October 6 and 20, the RBI injected Rs 1,85,000 crore liquidity into the system and "the one per cent repo rate cut was aimed at getting the financial markets going. If the situation warranted, RBI wouldn't hesitate to infuse or withdraw liquidity from the system.

Nothing seems to work for now...lets keep our fingers crossed.

Comments

Unknown said…

Nice debut.. All the best..

October 27, 2008 at 7:13 PM

Winning your boss

As I was observing on the Process of Appraisals that were going on in my new Organisation, it brought about the subjectivity that is present in the system. The only way to come out in flying colors is, be a pet to your Boss and reap rich dividends. Though the companies claim about the various thought process that has been put forward in designing the appraisal system, it all boils down to the previous line you just read. I know a guy who always came out with the best score possible during the appraisal not because he did a great job but for his attitude to tasks given by his Boss. I do not claim that he is a person who just thrives because of the "pet" tag , though he does pretty decent job. But if you consider his peers who do the same "decent" job, they somehow end up lower than him. WHY ? Again it is how he presents himself to the boss...Watch below some of his action. Never disputes the idea told by the Boss. Can always spot some think good in the Worst of ...

Defending Siachin....

Defending Siachin Glacier #Indianairforce This hotstar video documentary is a classic to show how the Indian airforce guards in extreme of weather conditions the Siachen glacier the highest army check point at 22,000. ft. above ground level in freezing cold. Put under extreme of climatic conditons at -50 C the Jawans brave the spine-chilling cold to guard the border ably supported by the IAF for their daily supplies. Watch the ancedotes from the lady helicopter pilot Sqd Leader Kushboo Gupta and the other Glacier caption. Glacier captain is the title given to the pilots who manouver the helicopter in the glacier zones to reach the army posts. The daily challenges and the sacrifices made by Indian army is really inspiring. Adding to this is the magnetic voice of Kabir Bedi as the narrator in the entire video takes it to the next level. Every Indian should not miss this. Jai Hind !! Check out Extreme Flight: The Indian Air Force on Hotstar! https://www.hotstar.com/1000228...

Client Interfacing

Dealing with any clients in services is an art. In the case of IT, we primarily deal with American clients. It is useful to know how the English language works with them. Some of us may hesitate to speak to the client.Beacuse we are not confident. When we practice the following tips, we can boost our confidence. Interactions with American clients - Useful tips 1. Do not write "the same" in an email - it makes little sense to them. Example - I will try to organize the project artifacts and inform you of the same when it is done This is somewhat an Indian construct. It is better written simply as: I will try to organize the project artifacts and inform you when that is done 2. Do not write or say, "I have some doubts on this issue" The term "Doubt" is used in the sense of doubting someone - we use this term because in Indian languages (such as Tamil), the word for a "doubt" and a "question" is the same. The correct usage (for clients) is:...

Karthik Writes..

Search This Blog