2. Globally, expectations of a sustained economic recovery are giving way to talk of a double-dip recession. This negative view is due to European Central Bank has proposed to postpone the exit from emergency lending measures to 2011, indicating that problems still persist in Europe. However, the Reserve Bank of India (RBI) seems to be undeterred by such negative news. Major market correction unlikely, good time to buy quality stocks.
3. They go on to say that even now the prospects for the financial year 2011 are extremely bright based on the corporate and consumer durables' sales numbers, and that private consumption demand has grown so much that it almost makes growth self-sustaining. What the RBI is really bothered about is inflation. Inflation here is a long-term problem. Contd….
4. The two diametrically opposite views - one global and another local -investors are now faced with a dilemma. Should investor remain invested in stocks or not. The US stock markets are in a correction mode, It does not immediately indicate that emerging markets like India have to follow suit. Developing country of Asia including India will grow at 8.7 per cent next year as against 3.4 per cent for the advanced world.This is a good growth. Contd…..
5. One should remain Invested in quality stocks to get good results. Contd…
6. NEW DELHI: As it talks tough with Research in Motion (RIM) — the makers of BlackBerry — to provide access to the encrypted data flowing through its network, the government is contemplating measures to ban Internet Service Providers (ISPs) like Google, Skype and Yahoo if they don’t up their servers in India and give access to intelligence agencies. Recently, agencies had problems retrieving data from servers of some of these ISPs located abroad while tracking mails of terror suspects and, in some cases, of those involved in money laundering. After BlackBerry, govt turns heat on ISPs
7. Designated agencies such as Intelligence Bureau, National Technical Research Organization (NTRO) or Directorate of Revenue Intelligence (DRI) monitor mails of suspects on a routine basis. However , they are hamstrung when such mails are deleted from the mailbox of a suspect. Such messages can only be retrieved through imaging at the mother server. Contd….
8. ISP servers have images of all deleted mails for a certain period. Even if you delete mail from your mailbox, such messages can be retrieved from the server through imaging. India now wants all ISPs to set up at least one server each in the country At present, such requests are routed to the ISP providers and get mired in a layer of diplomatic channels. By the time such requests are executed , it is too late for even the imaging to recover such data Contd…
