Economic Crisis- But its belived that India is insulated to it. Is it?

Yes it is.

One reason that world still belive India is strong in its economy....

India's economy is expected to grow about 6.8% during FY2008 and as low as 5.5% in FY2009. India's economy grew at an annual rate of 9% or more in the past three years, second only to China among the major economies, and the projections for FY2008 indicate that India's economic growth has been effected by the economic crisis. The Indian government's Finance Minister Palaniappan Chidambaram, however, said that he expected India's economy to bounce back to 9% during FY2009. This prediction has been met with skepticism by observers. The Asian Development Bank predicted India to recover from weakening momentum in 4-6 quarters. At the G20 Summit, India called for coordinated global fiscal stimulus to mitigate the severity of the global credit crunch. India said that it would inject US$4.5 billion into the financial system to help exporters. Some analysts pointed that India's going trade with other Asian countries, especially China, will help reduce the negative impact of the crisis. Analysts also said that India's high domestic demand and large infrastructure projects will act as a buffer reducing the impact of the global downturn on its economy. Economists argued that India's financial system is relatively insulated and the its banks do not have significant exposure to subprime mortgage.

Sorce: http://en.wikipedia.org/wiki/Economic_crisis_of_2008

Dr. A. P. J. Abdul Kalam 's Speech in Hyderabad

* Dr. A. P. J. Abdul Kalam 's Speech in Hyderabad . *

Why is the media here so negative?Why are we in India so embarrassed to recognize our own strengths, ourachievements? We are such a great nation. We have so many amazing successstories but we refuse to acknowledge them. Why?We are the first in milk production .We are number one in Remote sensing satellites.We are the second largest producer of wheat.We are the second largest producer of rice.Look at Dr. Sudarshan , he has transferred the tribal village into aself-sustaining, self-driving unit. There are millions of such achievementsbut our media is only obsessed in the bad news and failures and disasters. Iwas in Tel Aviv once and I was reading the Israeli newspaper. It was theday after a lot of attacks and bombardments and deaths had taken place. TheHamas had struck. But the front page of the newspaper had the picture of aJewish gentleman who in five years had transformed his desert into an orchidand a granary. It was this inspiring picture that everyone woke up to. Thegory details of killings, bombardments, deaths, were inside in thenewspaper, buried among other news.In India we only read about death, sickness, terrorism, crime. Why are we soNEGATIVE? Another question: Why are we, as a nation so obsessed with foreignthings? We want foreign T. Vs, we want foreign shirts. We want f oreigntechnology.Why this obsession with everything imported. Do we not realize thatself-respect comes with self-reliance? I was in Hyderabad giving thislecture, when a 14 year old girl asked me for my autograph. I asked her what her goalin life is. She replied: I want to live in a developed India . For her, you and I willhave to build this developed India . You must proclaim. India is not an under-developednation; it is a highly developed nation. Do you have 10 minutes? Allow me to come backwith a vengeance.Got 10 minutes for your country? If yes, then read; otherwise, choice is yours.YOU say that our government is inefficient.YOU say that our laws are too old.YOU say that the municipality does not pick up the garbage.YOU say that the phones don't work, the railways are a joke,The airline is the worst in the world, mails never reach their destination.YOU say that our country has been fed to the dogs and is the absolute pits.YOU say, say and say. What do YOU do about it?Take a person on his way to Singapore .. Give him a name - YOURS. Give him aface - YOURS. YOU walk out of the airport and you are at your Internationalbest. In Singapore you don't throw cigarette butts on the roads or eat inthe stores. YOU are as proud of their Underground links as they are. You pay$5 (approx. Rs. 60) to drive through Orchard Road (equivalent of MahimCauseway or Pedder Road) between 5 PM and 8 PM. YOU come back to the parkinglot to punch your parking ticket if you have over stayed in a restaurant ora shopping mall irrespective of your status identity... In Singapore youdon't say anything, DO YOU? YOU wouldn't dare to eat in public duringRamadan, in Dubai .. YOU would not dare to go out without your head coveredin Jeddah . YOU would not dare to buy an employee of the telephone exchangein London at 10 pounds ( Rs.650) a month to, 'see to it that my STD and ISDcalls are billed to someone else.'YOU would not dare to speed beyond 55 mph(88 km/h) in Washington and then tell the traffic cop,'Jaanta hai main kaun hoon (Do you know who I am?). I am so and so's son.Take your two bucks and get lost.' YOU wouldn't chuck an empty coconut shellanywhere other than the garbage pail on the beaches in Australia and NewZealand .Why don't YOU spit Paan on the streets of Tokyo ? Why don't YOU useexamination jockeys or buy fake certificates in Boston ??? We are stilltalking of the same YOU. YOU who can respect and conform to a foreign systemin other countries but cannot in your own. You who will throw papers andcigarettes on the road the moment you touch Indian ground. If you can be aninvolved and appreciative citizen in an alien country, why cannot you be thesame here in India ?Once in an interview, the famous Ex-municipal commissioner of Bombay , Mr.Tinaikar , had a point to make. 'Rich people's dogs are walked on thestreets to leave their affluent droppings all over the place,' he said. 'Andthen the same people turn around to criticize and blame theauthorities for inefficiency and dirty pavements. What do they expect theofficers to do? Go down with a broom every time their dog feels the pressurein his bowels?In America every dog owner has to clean up after his pet has done the job.Same in Japan .. Will the Indian citizen do that here?' He's right. We go tothe polls to choose a government and after that forfeit all responsibility.We sit back wanting to be pampered and expect the government to doeverything for us whilst our contribution is totally negative. We expect thegovernment to clean up but we are not going to stop chucking garbage allover the place nor are we going to stop to pick a up a stray piece of paperand throw it in the bin. We expect the railways to provide clean bathroomsbut we are not going to learn the proper use of bathrooms.We want Indian Airlines and Air India to provide the best of food andtoiletries but we are not going to stop pilfering at the least opportunity.This applies even to the staff who is known not to pass on the service tothe public. When it comes to burning social issues like those related towomen, dowry, girl child! and others, we make loud drawing roomprotestations and continue to do the reverse at home. Our excuse? 'It's thewhole system which has to change, how will it matter if I alone forego mysons' rights to a dowry.' So who's going to change the system?What does a system consist of ? Very conveniently for us it consists of ourneighbours, other households, other cities, other communities and thegovernment. But definitely not me and YOU. When it comes to us actuallymaking a positive contribution to the system we lock ourselves along withour families into a safe cocoon and look into the distance at countries faraway and wait for a Mr.Clean to come along & work miracles for us with amajestic sweep of his hand or we leave the country and run away.Like lazy cowards hounded by our fears we run to America to bask in theirglory and praise their system. When New York becomes insecure we run toEngland .. When England experiences unemployment, we take the next flight outto the Gulf. When the Gulf is war struck, we demand to be rescued andbrought home by the Indian government. Everybody is out to abuse and rapethe country. Nobody thinks of feeding the system. Our conscience ismortgaged to money.Dear Indians, The article is highly thought inductive, calls for a greatdeal of introspection and pricks one's conscience too.... I am echoing J. F..Kennedy 's words to his fellow Americans to relate to Indians.....'ASK WHAT WE CAN DO FOR INDIAAND DO WHAT HAS TO BE DONE TO MAKE INDIAWHAT AMERICA AND OTHER WESTERN COUNTRIES ARE TODAY'Lets do what India needs from us.

Read this and go bananas!

Read this and go bananas!

A professor at CCNY for a physiological psych class told his class about bananas. He said the expression 'going bananas' is from the effects of bananas on the brain. Read on…


Never, put your banana in the refrigerator! !!
This is interesting.
After reading this, you'll never look at a banana in the same way again.

Bananas contain three natural sugars - sucrose, fructose and glucose combined with fiber. A banana gives an instant, sustained and substantial boost of energy

Research has proven that just two bananas provide enough energy for a strenuous 90-minute workout. No wonder the banana is the number one fruit with the world's leading athletes.

But energy isn't the only way a banana can help us keep fit. It can also help overcome or prevent a substantial number of illnesses and conditions, making it a must to add to our daily diet.

Depression: According to a recent survey undertaken by MIND amongst people suffering from depression, many felt much better after eating a banana. This is because bananas contain tryptophan, a type of protein that the body converts into serotonin, known to make you relax, improve your mood and generally make you feel happier.


PMS: Forget the pills - eat a banana. The vitamin B6 it contains regulates blood glucose levels, which can affect your mood.


Anemia: High in iron, bananas can stimulate the production of hemoglobin in the blood and so helps in cases of anemia.


Blood Pressure: This unique tropical fruit is extremely high in potassium yet low in salt, making it perfect to beat blood pressure. So much so, the US Food and Drug Administration has just allowed the banana industry to make official claims for the fruit's ability to reduce the risk of blood pressure and stroke.

Brain Power: 200 students at a Twickenham (Middlesex) school ( England ) were helped through their exams this year by eating bananas at breakfast, break, and lunch in a bid to boost their brain power. Research has shown that the potassium-packed fruit can assist learning by making pupils more alert.


Constipation: High in fiber, including bananas in the diet can help restore normal bowel action, helping to overcome the problem without resorting to laxatives.


Hangovers: One of the quickest ways of curing a hangover is to make a banana milkshake, sweetened with honey. The banana calms the stomach and, with the help of the honey, builds up depleted blood sugar levels, while the milk soothes and re-hydrates your system.


Heartburn: Bananas have a natural antacid effect in the body, so if you suffer from heartburn, try eating a banana for soothing relief.

Morning Sickness: Snacking on bananas between meals helps to keep blood sugar levels up and avoid morning sickness.

Mosquito bites: Before reaching for the insect bite cream, try rubbing the affected area with the inside of a banana skin. Many people find it amazingly successful at reducing swelling and irritation.


Nerves: Bananas are high in B vitamins that help calm the nervous system.

Overweight and at work? Studies at the Institute of Psychology in Austria found pressure at work leads to gorging on comfort food like chocolate and chips. Looking at 5,000 hospital patients, researchers found the most obese were more likely to be in high-pressure jobs. The report concluded that, to avoid panic-induced food cravings, we need to control our blood sugar levels by snacking on high carbohydrate foods every two hours to keep levels steady.


Ulcers: The banana is used as the dietary food against intestinal disorders because of its soft texture and smoothness. It is the only raw fruit that can be eaten without distress in over-chronicler cases. It also neutralizes over-acidity and reduces irritation by coating the lining of the stomach.


Temperature control: Many other cultures see bananas as a 'cooling' fruit that can lower both the physical and emotional temperature of expectant mothers. In Thailand , for example, pregnant women eat bananas to ensure their baby is born with a cool temperature.


Seasonal Affective Disorder (SAD): Bananas can help SAD sufferers because they contain the natural mood enhancer tryptophan.

Smoking &Tobacco Use: Bananas can also help people trying to give up smoking. The B6, B12 they contain, as well as the potassium and magnesium found in them, help the body recover from the effects of nicotine withdrawal.


Stress: Potassium is a vital mineral, which helps normalize the heartbeat, sends oxygen to the brain and regulates your body's water balance. When we are stressed, our metabolic rate rises, thereby reducing our potassium levels. These can be rebalanced with the help of a high-potassium banana snack.


Strokes: According to research in The New England Journal of Medicine, eating bananas as part of a regular diet can cut the risk of death by strokes by as much as 40%!


Warts: Those keen on natural alternatives swear that if you want to kill off a wart, take a piece of banana skin and place it on the wart, with the yellow side out. Carefully hold the skin in place with a plaster or surgical tape!


So, a banana really is a natural remedy for many ills. When you compare it to an apple, it has four times the protein, twice the carbohydrate, three times the phosphorus, five times the vitamin A and iron, and twice the other vitamins and minerals. It is also rich in potassium and is one of the best value foods around So maybe its time to change that well-known phrase so that we say, 'A banana a day keeps the doctor away!'
PS: Bananas must be the reason monkeys are so happy all the time! I will add one here; want a quick shine on our shoes?? Take the INSIDE of the banana skin, and rub directly on the shoe...polish with dry cloth. Amazing fruit !!!