Proud Proud everywhere

You cant neglect me if i say INDIA is the origin for technical science too .. 
: AYURVEDHA acts as the base for medical industry .. 
: Whereas we wonder at our country when we come to know that modern surgery too has itz base over here ... 

ITS OUR FATE TO HEAR THESE WORDS (InDiAn'S)

He could speak anything but we cant hear everything .. 

Dear Young - keep watching 

As this was the verse narrated .................................

Headlines today  : Corruption is bleeding our people dry, we must fight it: Rahul Gandhi

That pricking day when humanity was hanged to death :/

According to me even following this guy is a tough task  

Bhagat Singh was among the prominent revolutionaries who shaped the base of a grand national movement. Following his execution, on March 23, 1931, the supporters and followers of Bhagat Singh regarded him as a "Shaheed", "martyr".

A search towards 9th century BC .

Do anyone know what is shatapatha brahmana ???

The Shatapatha Brahmana is one of the prose texts describing the Vedic ritual, associated with the Shukla Yajurveda. It survives in two recensions, Madhyandina and Kanva with the former having the eponymous 100 chapters , 7,624 kandikas (parts) in 14 books, and the latter 104 chapters, 6,806 kandikas in 17 books.

Haha and finally it happened

Puns intended 

A day which has to celebrated

"பிறந்த நாள் வாழ்த்துக்கள் " சுப்பிரமணிய பாரதி (happy birthday subramanya bharathi)

lets have A moment of silence for this legend whose contribution has not yet found an alternate

"அக்கினிக் குஞ்சொன்று கண்டேன் அதை அங்கொரு காட்டிடை பொந்தினில் வைத்தேன் வெந்து தணிந்தது காடு தழல் வீரத்தில் குஞ்சென்றும் மூப்பென்றும் உண்டோ"

Translation: I found a tiny little flame and put that in a hole in a forest. The forest was burnt down. Is there youth or age to valour?

- yaanai midhithu thamizh sethadhada bharati 

whether to stare or laugh at the pic !! :/

pic : Azad, Patel and Gandhi at an AICC meeting in Bombay, 194

that single slogan revealed his passion

Jai Jawan Jai Kisan : anyone aware of this slogan of Lal Bahadur Shastri
For the outstanding slogan given by him during Indo-Pak war of 1965 Ministry of Information and Broadcasting (India) commemorated Shastriji even after 47 years of his death on his 48th martyr's day:

A view of INDIAN sports before independence

The history of sports in India dates back to the Vedic era. Physical culture in ancient India was fuelled by religious rights.
The mantra in the Atharvaveda, says, "Duty is in my right hand and the fruits of victory in my left." In terms of an ideal, these words hold the same sentiments as the traditional Olympic Oath: "For the Honour of my Country and the Glory of Sport."
Badminton probably originated in India as a grownup's version of a very old children's game known in England as Battledore and Shuttlecock, the battledore being a paddle and the shuttlecock a small feathered cork, now usually called a "bird."
Games like chess, snakes and ladders, playing cards, and polo originated in India, and it was from here that these games were transmitted to foreign countries, where they were further modernised.

even few lines could give you more proud moments

Highlights of this para : 1-An extra info about the most popular word among tamilian's (MARUDHANAYAGAM) 2-some basic details about a proud tamil blood (PULI THEVAR)

Puli Thevar was one of the earliest opponents of the British rule in South India. He was involved in a vendetta with the Nawab of Arcot who was supported by the British. Thevar's prominent exploits were his confrontations with Marudhanayagam, who later rebelled against the British in the late 1750s and early 1760s.
Nelkatumseval was the headquarters of Puli Thevar, the first chieftain in India to resist the British.

For a detailed history refer :http://en.wikipedia.org/wiki/Puli_Thevar

true madness is better than this evil intelligence

I was just restricted from spitting on my tv otherwise I would have done it .. 
Are they humans ? Using the intelligence in the wrong way is something disgusting .. 
If you are not aware of what I saying just read this guys 

Ghaziabad: Dr Rajesh and Nupur Talwar have been found guilty for the murders of their 14-year-old daughter Aarushi and domestic help Hemraj by a Central Bureau of Investigation (CBI) special court at Ghaziabad in Uttar Pradesh. The Talwars were convicted by the court of special judge Shyam Lal on Monday afternoon in the almost five-and-a-half-year old sensational double murder case that took place in their residence in Noida.
After two adjournments since morning, the judge, who is to lay down office at the end of November 2013, arrived in the high- security court room at 3.25 PM and summoned both the accused. He read out the operative portion from his order that both the parents have been convicted for murder and destruction of evidence and on the charge of committing an act in furtherance of common intention. Both of them were taken into custody after the verdict and sent to Dasna jail

A cry for an indian pain

1:Banks set to beef up security at ATMs after Bangalore incident
2:Bangalore ATM attack: Victim fast recovering after surgeries

this step could have been taken before right ? 
Y these people are least bothered about other lives  :,(

That shower of god

noways in odi : Virat is playing with sachins old bat MRF and rohit is playing with sachins new bat ADIDAS ..
:Their partnership is just flourishing like anything ..
:Could this be taken as GOD'S grace (sachin) ?  
sachin - " I leave INDIA in the hands of youngsters like rohit and virat " , in his odi retirement function . and finally its getting proved nowadays ..

logic structs

:Pulling up the Navy on the sinking of the INS Sindhurakshak submarine in which 18 personnel lost their lives, Defence Minister A.K. Antony on Wednesday asked the force “not to fritter away” such expensive national resources.

AND SO COULD THE LIVES BE REGAINED ? 
Thinking after fall is something weird

people may come and go but legends survive

carlsen who ??
haha no man could overcome this combination guys ..
Anand - brilliant indian , who made the russians realize that brilliant people are there outside their country too with a single board and 32 coins.. 
really guys he broke the mindset of those idiotic russians who were in the thought that no man is brilliant than them ..
even the man in the pic is a russian ..
but Kasprov came ahead of his countrymen's mindset by being too gentle ( and a fan of anand after that awesome world championship fight against him) 

Should our thoughts go optimistic !!

Bharat Ratna: If Sachin Tendulkar deserves it then why not Dhyan Chand?
A valuable question from home minister ...
Even the request letters from the fans were rejected ... 
Is everything going right ..??? 

will anand survive ?

:World Chess Championship- Game 7: Magnus Carlsen and Viswanathan Anand ends in a draw
:It's the world champion vs the World No1.
Y anand is lagging behind with a new finalist ? 
A million dollar question from INDIANS 

The man who turned the world towards him

Need a moment of goosebumps .. just contact this INDIAN ..
You may be of any country  
I felt and millions of people would have felt it

Positive step !! seems to be

PHOTO:POUNCING ON THE ENEMY : Soldiers display their skills during the India-China joint training exercise in Chengdu, southwestern China, on Tuesday.
The Hindu captioned it as : With focus on terrorism, India-China begin joint military drills
According to me it could be captioned as : An initiative step took in a good mind set is expected to get a good result . Because no step from our government could be concluded ..

recap

A manuscript illustration of the battle of Kurukshetra, fought between the Kauravas and the Pandavas, recorded in the Mahabharata.

ANGKOR WAT WHICH WAS BUILT AS A HINDU TEMPLE BY A TAMIL KING WAS GRADUALLY MOVED TO THE BRITISH USE IN THE LATE 13TH CENTURY

Angkor Wat is a Hindu, then subsequently Buddhist temple complex in Cambodia and the largest religious monument in the world. The temple was built by the Khmer King Suryavarman II in the early 12th century in Yasodharapura , the capital of the Khmer Empire, as his state temple and eventual mausoleum. Breaking from the Shaivism tradition of previous kings, Angkor Wat was instead dedicated to Vishnu. As the best-preserved temple at the site, it is the only one to have remained a significant religious center since its foundation – first Hindu, then Buddhist. The temple is at the top of the high classical style of Khmer architecture. It has become a symbol of Cambodia,appearing on its national flag, and it is the country's prime attraction for visitors.
Angkor Wat combines two basic plans of Khmer temple architecture: the temple mountain and the later galleried temple, based on early Dravidian Architecture, with key features such as the Jagati. It is designed to represent Mount Meru, home of the devas in Hindu mythology: within a moat and an outer wall 3.6 kilometres (2.2 mi) long are three rectangular galleries, each raised above the next. At the centre of the temple stands a quincunx of towers. Unlike most Angkorian temples, Angkor Wat is oriented to the west; scholars are divided as to the significance of this. The temple is admired for the grandeur and harmony of the architecture, its extensive bas-reliefs, and for the numerous devatas adorning its walls.
The modern name, Angkor Wat, means "Temple City" or "City of Temples" in Khmer; Angkor, meaning "city" or "capital city", is a vernacular form of the word nokor , which comes from the Sanskrit word nagara .Wat is the Khmer word for "temple grounds", derived from the Pali word "vatta". Prior to this time the temple was known as Preah Pisnulok (Vara Vishnuloka in Sanskrit), after the posthumous title of its founder.

Haha even politicians troll nowadays :P

AN EPIC CONVERSATION

DIWALI-a spiritual view

While Diwali is popularly known as the "festival of lights", the most significant spiritual meaning behind it is "the awareness of the inner light". Central to Hindu philosophy (primarily the Yoga, Vedanta, and Samkhya schools of Hindu philosophy) is the belief that there is something beyond the physical body and mind which is pure, infinite, and eternal, called the Atman. The celebration of Diwali as the "victory of good over evil", refers to the light of higher knowledge dispelling all ignorance, the ignorance that masks one's true nature, not as the body, but as the unchanging, infinite, immanent and transcendent reality. With this awakening comes compassion and the awareness of the oneness of all things (higher knowledge). This brings ananda (joy or peace). Just as we celebrate the birth of our physical being, Diwali is the celebration of this Inner Light.
While the story behind Diwali and the manner of celebration varies from region to region (festive fireworks, worship, lights, sharing of sweets), the essence is the same – to rejoice in the Inner Light (Atman) or the underlying Reality of all things (Brahman).

I think tamizh would have sounded good if its existence was felt

Kumari Kandam ( 30,000 BC – 16,000 BC) is the name of a supposed sunken landmass referred to in the ancient Tamil and Sanskrit Matsya Purana. It is said to have been located in the Indian Ocean, south of present-day Kanyakumari district at the southern tip of India.

According to the Matsya Purana, Manu was the king of Dravidadesa land in Kumari Kandam. There are scattered references in Sangam literature, such as Kalittokai 104, to how the sea took the land of the Pandiyan kings, after which they conquered new lands to replace those they had lost. There are also references to the rivers Pahruli and Kumari, that are said to have flowed in a now-submerged land. The Silappadhikaram, one of the Five Great Epics of Tamil Literature written in first few centuries CE, states that the "cruel sea" took the Pandiyan land that lay between the rivers Pahruli and the mountainous banks of the Kumari, to replace which the Pandiyan king conquered lands belonging to the Chola and Chera kings (Maturaikkandam, verses 17-22). Adiyarkkunallar, a 12th-century commentator on the epic, explains this reference by saying that there was once a land to the south of the present-day Kanyakumari, which stretched for 700 kavatam from the Pahruli river in the north to the Kumari river in the south. As the modern equivalent of a kavatam is unknown, estimates of the size of the lost land vary from 1,400 miles (2,300 km) to 7,000 miles (11,000 km) in length, to others suggesting a total area of 6-7,000 square miles, or smaller still an area of just a few villages.
This land was divided into 49 nadu, or territories, which he names as seven coconut territories (elutenga natu), seven Madurai territories (elumaturai natu), seven old sandy territories (elumunpalai natu), seven new sandy territories (elupinpalai natu), seven mountain territories (elukunra natu), seven eastern coastal territories (elukunakarai natu) and seven dwarf-palm territories (elukurumpanai natu). All these lands, he says, together with the many-mountained land that began with KumariKollam, with forests and habitations, were submerged by the sea.Two of these Nadus or territories were supposedly parts of present-day Kollam and Kanyakumari districts.
None of these texts name the land "Kumari Kandam" or "Kumarinadu", as is common today. The only similar pre-modern reference is to a "Kumari Kandam" (written குமரிகண்டம், rather than குமரிக்கண்டம் as the land is called in modern Tamil), which is named in the medieval Tamil text Kantapuranam either as being one of the nine continents, or one of the nine divisions of India and the only region not to be inhabited by barbarians.[6] 19th and 20th century Tamil revivalist movements, however, came to apply the name to the territories described in Adiyarkkunallar's commentary to the Silappadhikaram. They also associated this territory with the references in the Tamil Sangams, and said that the fabled cities of southern Madurai (Ten Madurai) and Kapatapuram where the first two Sangams were said to be held were located on Kumari Kandam. These sangams may have overlapped in parallel to the third historic sangam; the second century BCE Tissamaharama Tamil Brahmi inscription detailing the thiraLi muRi (written agreement of the assembly) was excavated a few miles from the coast of the historic Tenavaram temple, Matara, Sri Lanka.

common Indian's feel proud of yourselves after reading this .

More idols from Tamil Nadu unearthed in U.S.

The U.S. Department of Homeland Security and the Manhattan District Attorney’s office have traced four of 18 idols stolen from Tamil Nadu, according to information available here. The investigation process involves a web of informers, secret recordings, and interception of mails.

According to a complaint filed by investigators in the Criminal Court of the City of New York, these four sculptures, valued at $14.5 million, were in the possession of Sushma Sareen, sister of Subhash Chandra Kapoor, the U.S.-based antiquities dealer now in jail in Chennai for his alleged role in the theft. Ms. Sareen, 60, was arrested and later released on bail.

This development has brightened the prospect of retrieving some of the idols stolen from Tamil Nadu over time and smuggled to the U.S. It also explicates the trail of the sculptures and Subhash Kapoor’s role.

The statement filed in court, which provides a detailed account of the investigation, were made available to The Hindu by Jason Felch of the Los Angeles Times, with whom this correspondent has been collaborating on the chase.

Between 2006 and 2008, about 18 ancient bronze sculptures were stolen from Suthamalli and Sripuranthan temples in Tamil Nadu. Among them were two of Nataraja and two of goddess Uma, all shipped to the U.S. Temple officials noticed the loss in the latter half of 2008, and filed a complaint with the local police. The Idol Wing of the Tamil Nadu police took over the investigation, traced Kapoor’s involvement and sought the help of Interpol to arrest him. Photographs provided by the French Institute of Pondicherry, which has been documenting temples in South India for decades, helped identify and trace the idols. Following a Red Corner Notice issued by Interpol, Kapoor was arrested in Germany and extradited to India in 2012.

AN SUCCESSFUL INDIAN TO MAKE INDIA PROUD ABROAD .

Chawla joined the NASA Astronaut Corps in March 1995 and was selected for her first flight in 1996. She spoke the following words while traveling in the weightlessness of space, "You are just your intelligence". She had traveled 10.67 million km, as many as 252 times around the Earth.
Her first space mission began on November 19, 1997 as part of the six-astronaut crew that flew the Space Shuttle Columbia flight STS-87. Chawla was the first Indian-born woman and the second Indian person to fly in space, following cosmonaut Rakesh Sharma who flew in 1984 in a spacecraft. On her first mission, Chawla traveled over 10.4 million miles in 252 orbits of the earth, logging more than 372 hours in space. During STS-87, she was responsible for deploying the Spartan Satellite which malfunctioned, necessitating a spacewalk by Winston Scott and Takao Doi to capture the satellite. A five-month NASA investigation fully exonerated Chawla by identifying errors in software interfaces and the defined procedures of flight crew and ground control.
After the completion of STS-87 post-flight activities, Chawla was assigned to technical positions in the astronaut office to work on the space station, her performance in which was recognized with a special award from her peers.
In 2000 she was selected for her second flight as part of the crew of STS-107. This mission was repeatedly delayed due to scheduling conflicts and technical problems such as the July 2002 discovery of cracks in the shuttle engine flow liners. On January 16, 2003, Chawla finally returned to space aboard Columbia on the ill-fated STS-107 mission. Chawla's responsibilities included the microgravity experiments, for which the crew conducted nearly 80 experiments studying earth and space science, advanced technology development, and astronaut health and safety.

inversions coming from all sides ... (india)

New path in productive farming

In November last year, Agriculture Minister of Dubai Abdulla Jassim Abdulla M Almarzooqi chartered a flight to Kerala to visit Anakkayam, a village in Malappuram district. There, he headed to the Agricultural Research Station (ARS) of the Kerala Agricultural University (KAU) for a first- hand assessment of the operations of the 25- acre farm.

The Minister later ordered a consignment of ornamental plants and fruit trees and arranged free visas for 100 workers at the farm, so that he could emulate the functioning of ARS in his country.

The Anakkayam ARS has captured global attention not only for its profitable operations, but also the innovative farm management, product diversification and labour management strategies that have made this possible. The annual income of the farm has touched Rs.2.56 crore. While KAU generates an income of less than Rs.8 crore from 3,500 acres, the ARS generates 35 per cent of the amount from less than one per cent of that area.

About 45 per cent of the total income of the farm is from the sale of vegetable and fruit seedlings and fruit graftings produced at the nursery. The processing centre at the station produces a range of value- added products including jams and pickles. Some of the hottest selling items are banana rhizome pickle, pseudostem pickle and raw mango squash.

“These two pickles by themselves, have the potential to make banana cultivation profitable for farmers and promote organic farming by offsetting the extra input costs, says Dr. P. Rajendran, Associate Director of Research, who heads the station. “We have demonstrated that a farmer can make an additional Rs. 4,000 from a single banana plant by producing the pickles,” he said.

Dr. Rajendran says value-added products from jackfruit also had immense potential to boost agricultural revenue and make farming more attractive. The station is planning to scale up its processing unit.

The ARS farm has three huge bottom-lined rain-fed ponds, each with a storage capacity of 10 million litres of rainwater. Out of the 500 tonnes of vermicompost manufactured here, a substantial portion is sold after meeting internal requirements.

The 270- strong workforce is organised into self-help groups and trained in specific areas of scientific farming, organic cultivation, plant management and product diversification.

The ARS also has a Hi-tech Karshika Karma Sena (agricultural army) of 123 youngsters trained in hi-tech methods of agriculture. The specialised unit offers its services to set up polyhouses, greenhouses, rain-shelters, drying yard, store and cattle sheds. It is distributing 300,000 growbags across the district.

“The Anakkayam station has made tremendous impact, in terms of transfer of technology as well as enhancing internal revenue of the University. This is a model we hope to emulate in other research stations,” says Dr. Rajendran.

The government has sanctioned an assistance of Rs.7 crore for an agro tourism project at the farm. A training centre, guest house, amphitheatre and duck farm are scheduled to come up on the farm under the project.

Dr. Rajendran is preparing to emulate the Anakkayam model at the research station in Ambalavayal, Wayanad, another unit under his charge. “ARS, Ambalavayal has 20 times the potential of Anakkayam. We hope to generate 2,000 jobs there in two years”

a better human INDIA has ever seen

Nain Singh Rawat :
1830-1895, was one of the first of the late 19th century (explorer) who explored the Himalayas for the British. He hailed from the Johaar Valley of Kumaon. He mapped the trade route through Nepal to Tibet, determined for the first time the location and altitude of Lhasa, and mapped a large section of the Tsangpo, the major Tibetan river.
On June 27, 2004, an Indian postage stamp featuring Nain Singh was issued commemorating his role in the Great Trigonometric Survey.
In 2006 Drs. Shekhar Pathak and Uma Bhatt brought out a biography of Nain Singh with three of his diaries and the RGS articles about his travels in three volumes titled Asia ki Peeth Par published by Pahar, Naini Tal: a belated but fitting tribute to the man.
The life of Nain Singh Rawat paraphrases the entire struggle for power not only in the plains of India but through the crucial and strategic plateaus and valleys of Tibet, the high Himalaya and the Hindu Kush.

Happy birthday sir :)

your quotes inspire our hearts ..
We love you all the time ..

The stress behind that name BCCI president is somewhat awkward who has made himself already unfit for it ..

SC asks BCCI president Srinivasan not to deal with IPL issue


New Delhi, Sep 30 (PTI): The Supreme Court made it clear on Monday that N Srinivasan, re-elected as president of the Board of Control for Cricket in India, should not participate in matters relating to the Indian Premier League and the spot fixing issue, observing there is “something seriously wrong” with the apex cricket body which has lost its credibility.

”He will continue (as BCCI President) but will not participate in the IPL issue,” the apex court said, noting that “the fairness of the probe should not be affected”.

The court asked Srinivasan not to be in a “hurry” and allow the Cricket Association of Bihar to mull over his suggestion that a committee under the chairmanship of either Arun Jaitley or Vinay Dutta, both of whom are lawyers, be constituted to probe the IPL spot fixing scandal, which involves his son-in-law Gurunath Meiyappan.

”Don't be in hurry. Give them the proposal and let them consider your suggestion,” a bench of justices A K Patnaik and J S Kehar said, adding that the court will have to see the “effect” of his presidentship on the free and fair probe into IPL spot-fixing case.

”One thing is clear from the fact that so many things are coming from the IPL. So many things are there. Something is seriously wrong with the apex cricket body,” the bench said, adding, “Please tell us, as to why it (BCCI) has lost the credibility.”

”Oh, we are back,” one of judges of the bench remarked at the start of the hearing and then, the other judge said, “he (Srinivasan) is also back.”

“You (Srinivasan) are there now (as President). Only thing we have to see how far you being there (as BCCI President) will affect the probe,” the bench said.

Senior advocate C A Sundaram, appearing for BCCI, said certain actions, as per the constitution of the cricketing body, are required to be done by the President and it was willing to assure the bench that “so far as IPL is considered, he (Srinivasan) will have no role.”

He then suggested constitution of a committee for probing the IPL spot fixing by a panel to be headed either by Jaitely or by Dutta.

Senior advocate Harish Salve, appearing for the Bihar cricket body, said, ”the IPL is part of BCCI. Moreover, the son-in-law is the principal of the team (Chennai Super Kings), which is owned by India Cements. Srinivasan is a part of the company (India Cements).”

He said the team principal is involved in betting and is the son-in-law of the BCCI President, who also owns the India Cements, owner of the CSK and the question of cancelling the franchise of the team will come to him.

”In this scenario, integrity of process has to be maintained. The entire probe of the IPL has to be taken out of the BCCI,” Salve said and called for independent inquiry.

However, he said the Bihar cricket body would consider BCCI's proposal.

”Let us apply our mind as to how the probe has to be done because there has been a rot and we have to see whether the rot is limited to IPL or how long the rot runs deep and has any bearing on BCCI,” the senior advocate said.

The court then fixed the matter for hearing on October 7 and assured expeditious disposal of the case.

Earlier, the apex court had restrained Srinivasan from assuming the top post in the event of his re-election until further orders by it.

The court, which had allowed the Board to hold its proposed Annual General Meeting on September 29 in Chennai, had said Srinivasan would have to wait to take charge if elected again as president of the cash-rich body until it decides the matter.

I felt it the past week

As I expect my page to be in safer side ... caption is temporarily restricted for this post ... but comments open ... 
And in spite of it my picture speaks ..

The Indian Antarctic Program is a multi-disciplinary, multi-institutional program under the control of the National Centre for Antarctic and Ocean Research, Ministry of Earth Sciences, Government of India. It was initiated in 1981 with the first Indian expedition to Antarctica. The program gained global acceptance with India's signing of the Antarctic Treaty and subsequent construction of the Dakshin Gangotri Antarctic research base in 1983, superseded by the Maitri base from 1990. Under the program, atmospheric, biological, earth, chemical, and medical sciences are studied by India, which has carried out 30 scientific expeditions to the Antarctic as of 14 October 2010 and is currently planning to build an additional research station in the region named Bharathi and thus India is all set to join the elite group of nine countries which have multiple bases in Antarctica.

Still hopes lie over INDIAN hearts

Because no politician's activity could change me from being an INDIAN ... 

(Reuters) - New Reserve Bank of India (RBI) chief Raghuram Rajan kicked-off his term with a bang, announcing a spate of measures to support the embattled rupee and unveiling a raft of steps to liberalise financial markets and the banking sector.

In an unexpectedly detailed and wide-ranging briefing, Rajan outlined plans to attract more funds from overseas by subsidising hedging costs for banks and making it easier for importers and exporters to hedge currency risk.

He made clear his intention to liberalise markets, including pushing for more rupee trade settlement, introducing new financial products such as overnight interest rate swaps and removing curbs on opening new branches by Indian banks.

"Some of the actions I take will not be popular," said Rajan, who famously predicted the global financial crisis and took over at the central bank in Mumbai on Wednesday after nearly a year as chief economic advisor in the finance ministry in New Delhi.

His forceful debut, which contrasted with more circumspect public comments in recent months, drew rave reviews from central-bank watchers.

A. Prasanna, economist at ICICI Securities Primary Dealership, said he expects bonds, the rupee and Indian stocks, especially those of banks, to react positively on Thursday.

"Overall, the way and kind of steps he has announced will instill confidence in the market, which was in short supply."

A prominent former International Monetary Fund chief economist, Rajan, 50, succeeds Duvvuri Subbarao at the helm of the Reserve Bank of India. He enters office in the eye of a financial storm as the country grapples with its worst economic crisis since 1991, which has sent the rupee skidding by some 20 percent this year.

"The governorship of the central bank is not meant to win one votes or Facebook 'likes'. But I hope to do the right thing, no matter what the criticism, even while looking to learn from the criticism," he told reporters.

Many critics and investors have complained about what they viewed as inconsistent communication and insufficient action from policymakers as economic growth has crumbled to a four-year-low of 4.4 percent in the June quarter and as the rupee last week hit a record low.

"Expectations were quite high from him and he has gone far beyond expectations on day 1," said Barclays economist Siddhartha Sanyal. "The fact that he has come with such pointed steps in mind shows that we will see more concrete steps very soon."

Earlier on Wednesday, the rupee rallied after suspected dollar sales by the central bank and after Reuters exclusively reported that the RBI was considering a plan that would help lenders raise money from expatriate Indians. Rajan, in his remarks, outlined the plan to attract more funds from non-resident Indians (NRIs) as part of a broader push to lure inflows.

The rupee recovered sharply from a day's low of 68.62 per dollar to close at 67.065.

Under the plan, the central bank will offer a swap window to banks for fresh dollar deposits mobilised from non-resident Indians. India has the world's second-biggest diaspora, according to the Ministry of Overseas India Affairs, and the country has turned to overseas Indians for help in past financial crises.

The central bank will also offer forex swap into rupees at a concessional rate below market levels for banks who raise dollar funds through overseas borrowings.

HIGH EXPECTATIONS

Rajan's arrival has been welcomed by some traders, who hope for a fresh approach to the RBI's controversial bid to defend the rupee by tightening cash conditions and raising short-term interest rates. Those measures have pushed up borrowing costs even as economic growth sputters and have shown little success to date in braking the rupee's descent.

Among Rajan's measures, he said banks should gradually be allowed to decrease their mandatory holdings of government securities, which would free up capital for lending.

He also said new bank licences should be awarded on an ongoing basis. The central bank is now in the process of awarding the first new bank licences in a decade.

Rajan also proposed the issue of inflation-indexed bonds linked to the consumer price index, an indication that the central bank may soon shift its inflation benchmark from the wholesale price index.

"He didn't take cover saying that he will first overcome the current problems and then take steps. He thinks both can be done simultaneously," Prasanna if ICICI Securities said.

Rajan also pushed back the date of the RBI's next monetary policy review by two days to September 20. That will give the central bank more time to consider the outcome of what is expected to be a pivotal two-day meeting of the U.S. Federal Reserve, ending on September 18.

The prospect that the Fed will soon unveil a plan to start winding down its monetary stimulus is weighing on emerging markets, with India faring worse than most because of a lack of confidence it can address its hefty fiscal deficit and its record current account deficit.

In a reminder of the uphill task Rajan faces, a report on Wednesday showed that activity in India's services sector shrank in August for the second straight month for its lowest reading in four years, the latest indication that growth in Asia's third-largest economy is still slowing.

"The biggest positive in this entire speech is the confidence. I think there will be decisiveness in the way things move, which will spread to the markets as well," said Ananth Narayan G., co-head of wholesale banking for South Asia at Standard Chartered Bank. 

My 100th post

THANKS FOR YOUR SUPPORT FRIENDS ....

I just dont know what is happening around our country

Indian rupee could touch 75 to the US dollar by the end of 2014, Bank of America Merrill Lynch said in a report today and added that the Reserve Bank of India (RBI) will have to take far more pro-active steps to rebuild forex reserves. It also warned govt against letting the status quo fester any longer.

A fact to be shamed or to be revised .... I just cant guess myself I you can think of it ..

the photo speaks a lot

SALIM ALI : Naturalist who helped develop Ornithology; also known as the “birdman of India”.

Sálim Moizuddin Abdul Ali (November 12, 1896 – June 20, 1987)[1] was an Indian ornithologist and naturalist. Known as the "birdman of India", Salim Ali was among the first Indians to conduct systematic bird surveys across India and his bird books helped develop ornithology. He became the key figure behind the Bombay Natural History Society after 1947 and used his personal influence to garner government support for the organization, create the Bharatpur bird sanctuary (Keoladeo National Park) and prevent the destruction of what is now the Silent Valley National Park. He was awarded India's second highest civilian honour, the Padma Vibhushan in 1976.

For more details about his contributions just referhttp://en.wikipedia.org/wiki/Salim_Ali

INDIANS still have not stopped their invention they are working further on this.....

BrahMos (Hindi: ब्रह्मोस, Russian: Брамос) is a supersonic cruise missile that can be launched from submarines, ships, aircraft or land. It is a joint venture between Republic of India's Defence Research and Development Organisation (DRDO) and Russian Federation's NPO Mashinostroeyenia who have together formed BrahMos Aerospace Private Limited. The name BrahMos is a portmanteau formed from the names of two rivers, the Brahmaputra of India and the Moskva of Russia.
It is the world's fastest cruise missile in operation.The missile travels at speeds of Mach 2.8 to 3.0. The land-launched and ship-launched versions are already in service, with the air and submarine-launched versions currently in the testing phase. An air-launched variant of BrahMos is planned which is expected to come out in 2012 and will make India the only country with supersonic cruise missiles in their army, navy, and air force. A hypersonic version of the missile namely BrahMos-II is also presently under development with speed of Mach 7 to boost aerial fast strike capability. It is expected to be ready for testing by 2017.

Though India had wanted the BrahMos to be based on a mid range cruise missile like P-700 Granit, Russia opted for the shorter range sister of the missile, P-800 Oniks, in order to comply with Missile Technology Control Regime restrictions, to which Russia is a signatory. Its propulsion is based on the Russian missile, and guidance has been developed by BrahMos Aerospace. The missile is expected to reach a total order worth US$13 billion.

Future developments:
UCAV variant - A. P. J. Abdul Kalam asked BrahMos Aerospace to develop an advanced version of the BrahMos cruise missile to maintain India's lead in the field. He stated He said that a hypersonic version of BrahMos which can be reused is needed, which will be able to deliver its payload and return to base. This would turn BrahMos into a UCAV.