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The weapons mentioned in the Ramayan and the Mahabharat are somewhat same. Infact, some weapons in the Ramayan are not mentioned in the latter "epic". (eg. Soorya`stra, Yamya`stra, Shoolva`stra..etc.) [ Considering the true occurance of the two great events, the above mentioned weapons might have disappreared in the era in-between the two events took place].
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Mahbharat is a complete reality becoz:
A number of dynasties with their lond lineage of kings have been presented in the work. More than 50 kings from King Barhi to the Pandava King have been recorded. Additional information about the King, his wife, his scions, his relations, etc. have been accounted in great detail. If it were just fiction, only 4-5 kings would have sufficed to build the story on. Then why such mind-boggling details ?
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Mahbharat is a complete reality becoz:
If the intentions of the writer were to write a poem or a work of fiction, he would have stated it to be a "mahakavya" or "katha"....
Mahbharat is a complete reality coz:
It has been written in the epic from time to time that Mahabharat is a "itihas" which exclusively means "thus occured". The words "Puraan" and "Itihas" were specifically coined by the Arya people to catagorize the "ancient" and "recent" events. Both the words denote history that has occured at different times...
India is already surrounded by hooligan like nations.... its i think simply protected by the Brahmastra of Lord Vishnu, nothing else.... India has a differetn sort of power overseeing it while the hooligan nations are remote controlled by another sophisticated hooligan like USA. lol...
Now what if such drones are manufactured by Pakistan or other vicious nations, they could also launch it on us anytime....
These were exactly the kind of weapons used during the Mahabharat war but these weapons were all neutralized by Lord Krsna.... in fact at the end of the Mahabharat war, Arjun tells Krsna to alight from the Chariot... krsna tells him Buddy you first coz there was a reason... the charoit which the lord of the world drove to victory had been struck by some of the most toxic weapons(?)from Drona, Karna and the rest.... the moment Arjun alighted and the lord after him, the entire chariot went up in flames.... so those who miss these various aspects of the Mahbharat read it like a myth... not so the Americans, time and time again the americans have wondered about the weapons of the Mahbharat war.. if u tell me those were the days of primitive folks of the cowherd clan how come such sophisiticated nuclear arsenal they quiz... primitive folks cannot have such imaginative ideas.. lol...
Yes these drones are operated by civilians from suburban America... and the drones strike the terrorist hideouts far more prcesisely than artillery.
US has declared certain areas as warzones but if civilians choose to stay put in these border areas of Pakistan then they could become unfortunate victims in the US-Pak joint mission....
Folks,
Hey i was watching Christian Amanpour`s one-on-one with certain key people, one an advisor to US Defence i think, another a former CIA executive, and the third Talat Masood who was a former lietunant in the Pakistan Army and their views on the US mission in Afgahnistan.
Did you know that Obama has replaced man force with drones. These drones are UAV (Unmanned Aerial Vehicle) and these drones are remote conrolled by civilians chosen by the congress and they operate these drones like a video game from home?
Did you know this ? Gosh Christiane then went on to term it Targetted Assasination which the CIA executive dint like!!, too bad for her...
And these drones have eliminated so many lower in the totem pole as the US guy put it and not the leaders of the Taliban, Al Khaida movement, along with eliminating these lower rung operators it also of course elmiinated children adn so many innocent civilians. Is the cost benefit ratio really worth such a mission Christiane quizzed, to which the guy replies well this is going to be the face of war in the days to come. Soldiers will be replaced by drones.
How cruel it all sounds but guess what during Mushraff`s times Pakistani Govt termed this as WAR ON PAKISTAN but now it terms it as HELP FOR PAKISTAN becoz the Taliban has prevented them from progressing and has caused more problems than they would like. So there is a tacit agreement between US CONGRESS AND PAKISTAN DEFENCE& GOVT that while these drone attacks really help Pakistan, pakistan will pretend it knows nothing about it. And US has agreed to pak`s request to pretend ignornace. What kind of sly diplomacy is this? Is this fair? Is it not.. if US does nothing then Taliban will simply overpower Pakistan and under Mushraff they were not ready to voice these things is what the Pakistani Lt said.... gosh... now you know what India stands for!...
Federal Reserve policy makers said for the first time that their decision to cut interest rates to zero may be fueling undue financial-market speculation even as they called the dollar’s decline “orderly.”
The Federal Open Market Committee said its policy of keeping rates low might cause “excessive risk-taking” or an “unanchoring of inflation expectations,” according to minutes of its Nov. 3-4 meeting released yesterday. Central bankers also said further dollar depreciation that might “put significant upward pressure on inflation would bear close watching.”
The dollar weakened as investors wagered the central bank will tolerate further declines in a currency that has slid more than 6 percent against the yen in three months. Policy makers are wary of fueling a third asset-price bubble in about a decade as they hold the benchmark interest rate near a record low to revive growth, economists said.
“Financial markets have been doing much better than people might have expected,” said Marvin Goodfriend, a former policy adviser at the Richmond Fed who is now a professor at Carnegie Mellon University in Pittsburgh. “The Fed is saying to markets, ‘Don’t overdo it.’”
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The U.K. economy shrank less than previously estimated in the third quarter as consumer spending stopped falling and the service industries slump eased, bringing the longest recession on record closer to an end.
Gross domestic product fell 0.3 percent from the previous three months, compared with a prior measurement of a 0.4 percent drop, the Office for National Statistics said today in London. The result matched the median prediction of 28 economists in a Bloomberg News survey.
Prime Minister Gordon Brown this week called for stimulus to stay in place to avoid “choking off recovery” as an election looms within six months. The Bank of England has expanded its bond-purchase plan three times since March to ensure Britain’s escape from recession and Governor Mervyn King said yesterday the pickup isn’t “particularly strong.”
“Over the coming quarters the economy will accelerate pretty sharply,” said Nick Kounis, chief European economist at Fortis Bank Nederland NV in Amsterdam and a former U.K. Treasury official. “In third quarter the U.K. was one of the sick men of Europe but it’s going to step up a few gears and will be one of the stronger performers in Europe next year.”
The pound rose 0.8 percent against the dollar today and traded at $1.6704 as of 11:04 a.m. in London. The yield on the 2-year gilt fell 6 basis points to 1.16 percent.
Lagging Behind
The U.K.’s recovery has lagged behind that of the U.S. and the euro area, which have both returned to growth. Data yesterday showed Germany’s economic growth accelerated in the third quarter, while the U.S. economy expanded at a 2.8 percent annual rate, less than the government reported last month.
Brown is trying to revive the U.K. economy in time to defeat Conservative Leader David Cameron at the election, due by June. An Ipsos Mori poll in the Observer on Nov. 22 showed the Conservatives with a six-point lead, the least since December.
Consumer spending was unchanged in the third quarter, the first time it hasn’t dropped in 1 1/2 years. Government spending rose 0.2 percent,
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German banks may have to write off another 90 billion euros (6 billion) on bad loans and securitization instruments, threatening profitability even as the economy recovers from recession, the Bundesbank said.
Further write-downs on loans may range from 50 billion euros to 75 billion euros, the Frankfurt-based Bundesbank said today in its Financial Stability Report. Banks may also need to write off another 10 billion euros to 15 billion euros in losses from securitization instruments, mostly collateralized debt obligations, it said.
“If the economic recovery continues, which the latest forecasts indicate, losses would be lower,” Bundesbank board member Hans-Helmut Kotz said at a press briefing. Still, “it would be wrong to declare the financial and the related economic crisis over.”
The world’s largest financial-services companies have racked up more than .7 trillion of losses and write-downs since the start of the financial crisis, according to Bloomberg data. German banks have so far written off at least 5 billion. Deutsche Bank AG Chief Executive Officer Josef Ackermann said on Oct. 12 that loan defaults still pose a risk and that the financial sector’s situation is “fragile.”
“The financial markets have now recovered significantly, and recently there has been a perceptible improvement in the outlook for growth,” Kotz said. “Nevertheless, further tests for German banks look likely.”
While write-downs on loans may not yet have peaked, demand for credit it likely to grow as the economy improves, the Bundesbank said in its report. Banks must be ready to make loans to businesses
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Once again Kudos to the CBI for going sniffing MNCs with US ties up.. they smell scams involving governmetn officials and money laundering
I think Rahul has let loose all the watch dogs.
Kuods kudos.. thanks to Manmohan and Rahul.. ...
Japan Exports Fall Least in a Year on Global Stimulus
Japan’s exports fell at the slowest pace in a year in October as worldwide government spending boosted demand, sustaining the economic recovery. Shipments abroad slid 23.2 percent from a year earlier, compared with a 30.6 percent decline in September, the Finance Ministry said.
Exports helped the economy expand at the fastest pace in more than two years in the third quarter, even as prices of goods declined and the yen gained. Imports slid 35.6 percent from a year earlier, the ministry said. The improvement in exports helped the trade surplus climb to 807.1 billion yen ($9.1 billion), the biggest since March 2008. From a month earlier, exports rose 2.5 percent, the fastest pace since April.
Asian economies are benefiting from a global trade rebound that’s being driven by interest-rate cuts and more than $2 trillion in government spending worldwide. Taiwan’s export orders climbed in October for the first time in 13 months. Chinese exports fell at the slowest pace in 10 months.
Shipments to Asia fell 15 percent from a year earlier, easing from a 22.2 percent drop in September, the ministry said. An index measuring the volume of exports to Asia rose to the highest in a year. Exports to China, Japan’s biggest overseas customer, slipped 14.3 percent, compared with a 13.8 percent decline the previous month.
Sales to the U.S. fell 27.6 percent, moderating from September’s 33.9 percent decrease as retail sales in Japan’s second-largest market picked up. Exports to Europe slid 29 percent after slumping 38.6 percent.
While exports are leading Japan’s recovery, weakness in the domestic economy persists. Falling prices in Japan threaten to squeeze profits and wages. The government last week declared the economy is in deflation for the first time in three years and pressed the Bank of Japan to be more aggressive about tackling price declines.
Regards
Swastika PMS...
China Tightens Rules on Transfers to Stop `Hot Money`
China Tightens Rules on Transfers to Stop ‘Hot Money’
China tightened rules on individuals transferring yuan and foreign exchange between bank accounts, as after speculation the nation’s currency strengthened and caused a surge in capital inflows.
An overseas individual or institution is not allowed to send foreign currencies to five or more Chinese individuals to convert it into the yuan on a single day or on consecutive days, the State Administration of Foreign Exchange said. Individuals in Hong Kong aren’t allowed to buy more than 20,000 yuan a day and daily limits also apply in China.
The main aim of the new rules is to control inflows of hot money. “Individuals" cross-border transfers are an important channel for hot money to flow into China.
The central bank said this month foreign-exchange policy will take into account global capital flows and changes in major currencies, fueling speculation it will allow the currency to strengthen as the dollar weakens.
The rules, which are designed to prevent conversion for investment purposes, limit both the sending of foreign currency into China as well as the transfer of cash following conversion into yuan.
Regards
Swastika PMS...
HOT FROM THE PRESS :
* BANKS : Govt decides to double the limit of authorized capital in PSU banks to help some banks like OBC, Syndicate Bank & UCO Bank to raise funds, which hv been constrained so far because of the limit
* INFOSYS : CFO denies co looking at acquiring European IT firm Ciber Novasoft
* RELIANCE IND : Sinopec & TPG weigh a joint bid for LyondellBasell..
seperately S&P says limited benefits for Co if bid for LyondellBasell succeeds
* UNITECH : plans to raise $700mn via FCCBs.. seeks Govt nod for the issue
* SATYAM : the Central Bureau of Investigation finds evidence of an additional
Rs47bn corporate fraud in the co, perpetrated by its erstwhile promoters
* EXIDE INDUSTRIES : mgt says sales to remain low & no expectation of growth in
sales of batteries for heavy commercial vehicles in Q3
* GUJARAT FLUOROCHEM : plans to invest Rs 5bn for doubling existing capacity to
meet increased demand from dom and intln mkts
* ACKRUTI CITY : plans to set up Rs 3bn textile park to be completed in a year
* BAJAJ HINDUSTAN : Jt MD says prodn shortfall in India could push sugar prices
higher by 36% to 30 cents/pound, a 29 yr high
* MPHASIS : PAT Rs 9.09bn for yr ending Oct`09, Rev Rs 43.09bn
Corporate News – Industry trends
* The man who spearheaded the Satyam fraud, which had rocked the
corporate world early this year, was booked by the CBI for allegedly
accepting bribe; The country’s premier investigating agency has taken
into custody R Vasudevan, the acting chairman of the Company Law
Board, for allegedly accepting Rs 7 lakh from a company secretary
whose case is being heard by the board (BS)
* Infosys Technologies, the country’s second largest IT services
company, is actively looking at acquiring companies in the consulting
and healthcare spaces in the range of US$400-500 mn (BS)
* Bharat Heavy Electricals Ltd said it has bagged an Rs 56bn contract
from an arm of Jaiprakash Associates for setting up a thermal power
plant in Uttar Pradesh (BL)
* Reliance Industries has reopened about two-thirds of its 1,432
petrol pumps in the country and is selling about 2,000 kilolitres of auto
fuel per day, RIL president-refinery business P Raghavendran said (BS)
* Bhushan Steel may look at doing a JSW Steel-JFElike deal with
Japan’s Sumitomo Metal Industries; Sources said Bhushan might
explore offloading around 2.1 mn shares of its 42 mn shares to
Sumitomo. This was in addition to the joint venture opportunity being
explored for the six mn-tonne Bengal steel project (BS)
* The Foreign Investment Promotion Board (FIPB) has
recommended approving Gucci’s plans to pick-up 51 % stake in Luxury
Goods Retail Ltd, under single brand retail (BL)
* Unitech will raise US$700 mn through FCCBs; the company has
sought approval from the Department of Industrial Policy and Planning
(DIPP) and the Reserve Bank of India to raise the fund through
convertible instruments (ET)
* Hindalco Industries has raised US$600 mn by selling shares to
institutional investors. The issue that was launched on Monday, diluted
Hindalco’s equity capital by 11% and pared down the promoter
shareholding (ET)
* JSW Steel, which last week tied up with Japanese steel giant JFE for
technology, may sell as much as 40% in its upcoming 10-million tonne
steel unit in West Bengal to its overseas partner (ET)
* Sun TV Network Ltd, announced tariff revision for its flagship
channel Sun TV; On the basis of its “sustained viewership and
consistent higher ratings for its serials,” the company has increased its
advertising rates by 9% to 33%, says a press release from the
company (BL)
* Mumbai-based real estate developer Ackruti City plans to set up an
Rs 3bn textile park on 60 acres in suburban Biwandi near here (BL)
* To promote traffic of automobiles through the railways, its
ministry is considering 15 automobile hubs to be set up on PPP across
the country; the railways would provide land for constructing the hubs
and the facilities would be set up by private sector players. These auto
hubs would not only serve as vendor parks, but also have assembling
units where components can be put together before cars are
transported to sales centers (BS)
Economic/Regulatory development
* PRIME Minister Manmohan Singh and US President Barack
Obama attempted to give new impetus to the strategic relationship
and push forward ties in several key areas from climate change to
counter-terrorism; “I believe relations between India and US will be
the defining moment of the 21st century,” said Mr Obama at a joint
press conference after the talks (ET)
* THE auction of 3G spectrum, vital for high-end services such as
ultra-fast internet on mobile, which is slated to begin on January 14, is
likely to be deferred by a ‘few weeks’, as the DoT and the defence
ministry will require more time to coordinate and assign the airwaves
vacated by the armed forces (ET)
International trends
* The US economy grew more slowly than first thought in the third quarter, but house...
