America for Sale

Today's world economic condition is quite interesting. Even people who do not have any interest in the subject economics have started developing some curiosity about it. People say that sensex is going up. Along with, the price of gold and crude oil also goes up. The value of Dollar and allied currencies goes on falling down. Interestingly, Reliance Mukesh Ambani who is making a lot of money in the share market denies that he is not the richest in the world. World economy is trending ahead like this. Dubai construction workers have come to the street to demonstrate that they have been much affected with the trend in the value of Indian Money that is becoming stronger.

With the decrease in the value of American dollar and increase in the value of Canadian dollar, it is said that many cars from Canada come to America for shopping. They get goods at cheap rates in America. Not only goods, almost all items have got their value lowered very much. For example, Canada's Toronto-Dominion Bank is going to buy America's Commerce Bancorp at cheaper cost. How? If it were purchased in 2006, they must have given 9.5 billion Canadian dollars to America. But, because of the fall in the value of American dollar, it is enough if they give 8.5 billion Canadian dollars to America. There is a profit of 1 billion Canadian dollars.

To take advantage of this situation, in a hurry, world countries have bought many American companies at cheaper rates. Along with them, the money making patents of these companies also have been bought. There are 2 million houses in America left vacant as no buyer is available to purchase.

Entire America is available for sales at cheaper costs because of fall in dollar value. Who are the people making advantages from this situation? This is not known yet. While many people are converting their dollars into gold, Warren Buffet, one of the richest persons of the world, has converted his dollars to some other currency. This is some radio news. Is it true Mr.Buffet?

Grow with the people who grow

Hot discussions about Sethusamudram Project, the risk for the government to get toppled due to the American nuke deal, ruling parties without having time to think about anything, opposition parties with hotter and newer issues daily, amongst all this, beyond doubt, is growing our Bharatha Matha. All accept that it is the private sector that greatly supports this growth. We have mentioned previously about entering the share market (Make fortunes with Share market), to grow with the people who grow. Our finance minister P. Chidambaram has cautioned that small investors must be very careful in the present hot share market. The same idea has been conveyed by our friend SRI in his comment.

People who do not have facilities to watch the share market every day and take decisions depending on the developments in the market can invest their money in reliable mutual funds. Your money in mutual funds will be invested by people, having knowledge, in several types of shares and investments. Different kinds of mutual funds are there with different levels of higher and lower risks. Higher the risk, greater will be the profit.

Lower the risk, smaller will be the profit. For long term investors, mutual funds are ideal. But, this will not be suitable to people who jump over from one share to another, every hour, by just clicking with the mouse. But, friends living in the gulf countries who are depressed due to the dollar peg, may invest in the share market in mutual funds like this, to grow with the people who grow. (What can these people do? The value of 1 Dubai Dirham has come down from Rs.12.00 to Rs.10.70 and the value of 1 Oman Rial has come down from Rs.128 to Rs.102.)

A few mutual funds are given below:
SBI Mutual Fund (SBI MF)
Principal Mutual Fund
Unit Trust of India (mutual fund)

If you are not interested in these, you may consider investing in fixed deposits. Nowadays, they are giving interest up to 9.00%.

SBI SMART DEPOSIT
Don`t keep your money in Savings Bank Account without any use. Deposit it in fixed deposits. Its Worth it.

Make Fortunes with Share Market

Our Indian economy is running fast and jumping heights. Day by day, there is steady increase in the number of Indian billionaires, because of the continuous bullish trend in the local share business. The total money value of Mukesh Ambani, Anil Ambani brothers (43+29=72 billion) has become greater than that of the richest of the world (67 billion). It seems that Ambani family is the richest family of the world.

This is the appropriate time for an ordinary Indian citizen to carefully enter share business. It is said that even a ordinary, low level Chinese do very well in share business because of the fever that has already been spread over in China. Every day, millions of Chinese make their new entry into share business. All has become online, Hasn’t it?.

When share market points go high they dance, sing and jump in joy. It is said that even if by chance you enter a call taxi, tips and tricks about share business are available there.

But... I could understand your murmur. What if share business loses stability..??. This too is a kind of gambling. Isn’t it? That is why I said, “carefully”.

Three things are very important.

One: Invest in shares that give you confidence and are expected to grow well in future

Two: Never become greedy

Three: Don’t lose the money you invested. Because it is your money.

Sites that can help

It is said that Indians, living in India or in countries like UAE, Saudi Arabia, Bahrain, Kuwait, Oman and Qatar may invest in Indian market. It seems that there will be some paper work.

http://www.sharekhan.com
http://www.icicidirect.com

For Indians, living in America (NRI) to make new entry into share business.
Try
http://www.sharebuilder.com

There is no direct way available for Indians living in America to play in Indian market. Anyone, having knowledge about this, may give guidelines.

Free Real time Stock Quote (You need hotmail id)
http://moneycentral.msn.com/detail/realtime_quote

As far as America is concerned, Real time Stock Quote and Live Stock Quote are different from one another. In general, Live Stock Quotes come delayed by 20 minutes.

See you again.

Top Ten Richest Indian Companies

1.Reliance Industries: The main business of Reliance is in the energy sector (oil and gas). However, it has strong presence in garments and telecommunication sectors too. According to Forbes, annual sale of Reliance is $18.0 billion. This company is very popular in the share market among investors.

2. Oil and Natural Gas Corporation Limited (ONGC) : It is one of leading oil and gas companies in Asia and one of most profit making corporations in India. It is trying to become a global player.

3. State Bank of India Group : It is the largest bank in India and of the largest in the world. It is also the oldest bank in South Asia. Its history goes back to 1806. According to Forbes, it has $156.4 billion of assets- very impressive!

4. Indian Oil: Again, an oil company. According to Forbes, its sales are $34.6 billion and thus it has the largest sale for an Indian company.

5. National Thermal Power : It is owned by Indian government and it made $1.3 of profit against sales of $6.1 billion.

6. Icici Bank: It is the largest bank in the private sector. It is also a popular company in the share market. In television channels, you can find their ads round the clock.

7. Steel Authority of India: It is a public sector company and it has several plants in India. It is one of the fastest growing companies in the public sector. Its profit figure of $1.6 billion is quite impressive too.

8. Tata Steel: It is a company with a great heritage. It is a company in the private sector. It was India's first and largest steel company in the private sector.

9. Tata Consultancy Svcs (TCS ): Among the top ten companies, TCS is the only company related to Information Technology. It has made its mark in outsourcing and its market value is $19.5 billion. It is quite impressive considering the fact that it has only $1.9 billion of assets.

10. Tata Motors : Tata Motors came into the headline this year for its effort to build the World's cheapest car . These days; Tata Motors is trying to expand its business both in home and abroad.

This list shows that Indian companies are often neglected by the western media. Outsourcing to India is causing a lot of jobs in the west and that is why the western media is interested about Indian tech companies. It is time that the international media takes more note of the top Indian companies.

Ten Modern Wonders of India

Click the pictures to enlarge.

Modern World War

Atomic bombs are yesterday's news in the world of wars. Today countries have learnt to war against each other appropriate to the modern world. Money is the weapon in that war. Iran the fourth richest country in oil is in such a state that, you have to wait in line for hours to get fuel. Their Economic Policy is not right, it seems.

Zimbabwe known for its cricket is in a state of confusion today. You need about 10,000 Zimbabwe money to buy a loaf of bread. The reason behind this is their economy or more precisely the government's handling of its economic policies is the general opinion.

Even a small change or correction on economic policies can lead either to major achievements or downfall. That's equal to waging a war with atomic weapons.

The latest in this line of war is China and USA's war of Trade. Unlike India, China has not changed the value of its currency for a long time, thereby getting the Dollar advantage. (India on the other hand has been increasing its currency value which is a known fact)
America is under the pressure to change the value of the undervalued Chinese currency but the Chinese are not interested. But they are constantly on pressure from America. If pressured too much China is threatening to sell its reserve of 1.3 trillion American Dollars which they have, which will cause a major economy crash in the United States. But that would have ripple effect on the economies of both India and China.

If we try to bring down one another to get revenge, it will end up bringing trouble to everyone involved. So, it's better to live and let live.

Wall Street talks about Virtualization

Lots of big companies got the idea to have just one server box, that can run multiple server operating systems like Windows and Unix together or just many Windows OS on the same physical machine together and save big money. The news is that many Data centers, which were like junk pile, are being cleaned up because of this.

The reason behind all this is something called Server Virtualization or Hypervisor technology. The pioneer in this technology the VMWare (Symbol-VMW) Company’s shares (IPO) became available in the market last week, which made Wall Street in the midst of its subprime troubles sit up and take notice of "Virtualization" in wonderment. Although the stock of this company is on the rise for now, what will happen in a few weeks or months is anybody's guess.

Some people under the impression that this is the Google of tomorrow have started buying the company's shares in huge amount, while lots of other people are cautioning not to get caught in the stock market strategies.

But many do believe that the software ESX of VMWare is strong and that it saves millions in expenses for big corporates have started buying its shares. That too many IT professionals are in this.

Only time can tell whether All that glitters is Gold …or not.