Beggars under God's grace: Many times I wonder why do we fight for name , fame, money and develop hatred etc., This will only spoil our peace of mind and health. We have come to this world empty handed. Whatever , we have today is the gift of almighty or whatever name you call that force. WE are not going to take anything with us while leaving this world. Even billionaire goes naked. That is where the basic understanding of who we are ? why are we here? where re we going and why ? arises. There can not be confirmed answers with evidence. Preachers give examples like how you recognize your mother as mother because people around you have told you like that same way you have to believe in God. But , then , for human beings endowed with logical thinking , it is not that easy to blindly believe that there is God and he is taking care of us. But, then , we have no ability to find out also. It is where human being accepted God as our father . when you thing like that , it bec...
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New year day, Ugadi is being celebrated. How many of us look back the year just passed and plan the coming year. Majority of us do not think , we just brood over things or just have no time to think, are just running a rat race. We are all the children of God . That must make us to think that Parents must be God for us. We offer flowers, prayer to God. Does he need these? he is ever happy , omnipotent, onmipresent. He doesn't require anything from his children. He just wants them to remember him. Every moment remember him. see him in every living creation. daily remember him . he will be with you. Same way parents do not expect anything from children except remembrance/love . Life is simple if we think. Avoid rat race. beyond basic needs , money will not make much difference to the happiness of a man. Enjoy your work, remember God, Remember parents,meditate. Be happy. That is the way to be happy. Wish you a very happy and prosperous year ahead. God bless us all, yours -...
Indian Banking Industry - Road ahead is bumpy
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Dear Friends, We have been patting our Banks for the robust performance of Indian Banks at a time when global banks were melting. Credit goes to conservative policies of regulator. RBI deserves Kudos. However, Indian banking industry is not in quite good shape today. NPA is high and raising. Recorey is very low and write off is heavy as pointed out by regualotor recently. Whose money is it we are writing off? why this pathetic condition? Despite RBIs stringent IRAC norms and also auto NPA marking by Banks, it is the fact all Bank executives today know, NPAs are understated by every bank. RBI has introduced Restructuring , corporate Debt restructuring (CDR) for helping Industries in real difficulties , thus is hugely mis-used. This is because , the ethical level at majority of corporates is very low, as known to every indian citizen. Corporates siffon off money into subsidiaries, by inflating invoices etc., Make the unit sick, get all possible benefits and finally may pay or no. ...
making some one happy is the best offering to GOD
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Be bold when you lose anything, But be calm when U win. Life is a finger print , never repeated, make best impression of IT. Human Life is a greatest gift from GOd, it is said, We must make best use of it. Running behind material things, sacrificing all morals, may ,make us rich materially and society may recognise it as great achievement. But , end of the day , when we have to leave all this and give our account to almighty, nothing of these material achievements supports us. Our charities, Good gestures and how many were made happy by you & how many times & how long only matters. "Paropakaraya Punyaya papaya Parapedana ". In mahabharata , it is said helping others is the only punya(virtue) , and hurting others is the only papa ( sin). It is said as essence of mahabharat. Let's think how we can be of some help to people close to us, society or any living creature? This thought will transform us from lesser mortals to God. Best Of luck
Sahara India Fiance- RBI order
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I am delighted to see RBI 's timely move in directing Sahara India Fiance to Refund the deposits accepted b y them. Time and again , innocent people out of lust got trapped in cunning moves of these Finance companies. They offer hefty commision, attractive ROI and finally lot of maoney collected and company vanishes or gets liquidated. Companies known for their reputation for quite long alos have cheated investors and robbed their hard earned savings including retirement benefit invested by senior citizens. The promoters divert funds and get scott free . Compny goes into bankruptsy,promoter becomes millionnaire. I strongly feel that - 1. NBFC or any company other than a banking company should not be allowed to accept deposits from ordinary Investors. 2. Promoters, Directors finances should be investigated and attached wherever share holder/depositors do not get their money from company 3. Every Large corporate is living on cheap funds from banks and OTS, Write off are common. Ban...
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Like India , US is also a democracy and it follows that some evils of democracy , they are not immune from. The pressure from some strong politicians has probably tied the hands of chief of Federal Reserve. Other than Stimulus and dollar weakening, there seems no options left for US at this jncture with heavy indebtedness. Of course , Big lenders like china & Japan have no alternate securities available to substitute for U S treasury bonds and will continue to hold these stocks. Probaby , it is good for US to buy back long term debt . But will they do it is a billion dollar question. What does this mean to coutries like India? probaly positive. India growth story more or less intact , political situation improving as a result of awareness among citizens on intalerable level of Corruption and popular movments for cleaning the systems , will improve India's image among the international community. This will naturally bring investment seeking Higher re...
Lokpal issue is sidelining basic issue of corruption & Bringing back black money ?
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Dear Sir, There is heated debate and high decibal & emotional war going on about Annaji's fight against corruption. In the process of discussing who all shd come under Lokpal, are we losing the crux of the fight? That is , fighting corruption and bringing black money stashed in foreign banks into the country for the good of the country. We have enough institutions to fight any malady in the society. However , Rotting political situation has hijacked all this. It is known and believed by everyone that India is richest as far as balck money stashed abroad is concerned. Every one knows this is a criminal act and stabbing mother India. Still Government is evading action on this by various delaying tactics. When Hon Supreme court set the action in motion , there also govt has filed petitions to stall the move to bring back black money. This makes people to suspect that the ruling party must be leading the list of black money owners in foreig...