Tag Archives: India

Leadership, People

Swami Vivekananda – A Monk Who Inspired Us

“Dare to be free, Dare to go as far as your thoughts lead, and dare to carry that out in your life”

Narendranath Datta better known as Swami Vivekananda (12 January 1983- 4 July 1902) was an Indian Hindu monk, creative thinker, social reformer, great speaker, and fervent patriotic who founded the Ramakrishna Math and the Ramakrishna Mission. He firmly practiced, preached, and advised others for the pure and true spiritual path. His birthday is celebrated as National Youth Day in India.

Here are few anecdotes from his life-

Once when Swami Vivekananda was in Varanasi, he was surrounded by a large number of mischievous monkeys while he was coming out of the temple of Maa Durga. They seem to be exasperating him. Swamiji did not want to catch them so he started running but the wicked monkeys followed him an old monk was watching them he asked Swamiji to ‘stop and face them!’ Swamiji obeyed the monk and stopped. When he turned around and faced the monkey they ran away. Years late he said, “If you ever feel afraid of anything, always turn round and face it. Never think of running away.”

During a long trek in the Himalayas Swamiji found an old man extremely tired and exhausted. He was standing without any further hopes at the foot of an upward slope. The man complained to Swamiji in frustration, “Oh, Sir, how to cross it; I cannot walk anymore; my chest will break.” After patiently listening to them and he replied, “Look down at your feet. The road that is under your feet is the road that you have passed over and is the same road that you have before you; it will soon be under your feet.” His words motivated the old man to resume his onward trek.

On September 11, 1893 in his debut speech at the Parliament Of religions in Chicago instead of the customary ‘Ladies and Gentleman’ he addressed the gathering of 7,000 people with ‘Sisters and Brothers of America’ for which he was applauded for full 2 minutes.

While returning to India from London, one of his British friends asked him: `Swami, how do you like now your motherland after four years’ experience of the luxurious, glorious, powerful West?’ Swamiji patiently said: `India I loved before I came away. Now the very dust of India has become holy to me, the very air is now to me holy; it is now the holy land, the place of pilgrimage, the Tirtha!’

A true inspiration for millions!

Article Source:
https://EzineArticles.com/expert/Rupal_Jain/207338

5 Questions, Capital Markets, Economy, Finance, Investments

Market Views from S Naren of ICICI Prudential

S Naren, CIO – ICICI Prudential AMC, shares his outlook on the equity markets for 2016, the problems the markets are facing currently and explains why investing in the current bear phase will be rewarding for investors.

Notes: Just for the record, S Naren has been one of the few fund managers who has been very successful in getting broad market direction right. In Jan 2015 he called for investors to move into bonds and wait for markets to stabilize and earnings growth to come through. In Aug 2013, when Nifty was at 5150, he was of clear view that investors should buy Nifty or broad based mutual funds to benefit from upswing as valuations were crushed. That was also a very valuable assessment.

Capital Markets, Economy, Energy

China – Top Performing Market of 2014

Japan was the top performing market of 2013, and China is the top performing market of 2014. The plunge in crude oil prices is likely to wreak economic havoc on vulnerable oil exporters such as Russia and Venezuela (both countries face recession in 2015), oil prices have hit 5 year lows this week, falling nearly 50 percent since mid-June 2014 as weak global demand for crude oil, combined with strong supply growth from new production wells going live in 2014. South and Southeast Asian markets also featured in the top-five performing markets after registering double-digit gains. Philippines and Indonesia equities followed close behind, both rising over 22 percent. Chinese market (Shanghai Composite) has bounced back after last couple of years of weak performance, and gained 52% in 2014, on the back of policy action by Chinese govt to boost the local economy, to become the best performing Asian market, and top performer worldwide for 2014 while beating Indian markets which gained 31% in 2014. Read More…

Capital Markets, Energy, Investments

OPEC cuts Oil Price target

Crude Oil prices are down 25% since their recent higher levels, and are currently at nearly 4 year low. Experienced energy analysts feel crude oil prices may remain low in the near term due to increasing US shale oil supply, but crude oil prices are likely to move up back to $100 per barrel.
One day after Saudi Arabia lowered prices in an attempt to hold market share in the USA, to compete with the cheaper shale oil in the United States market, the White House spokesman Josh Earnest said that the USA is monitoring the global oil demand-supply situation but has no comment on whether it might look at replenishing the Strategic Petroleum Reserve.
Meanwhile, Goldman Sachs analysts believe the crude oil surplus supply situation will remain till Q2, 2015. However, industry veterans believe crude will bounce back by Jan 2015, its just a matter of few weeks for the commodity to stabilize, and then the big short squeeze will play out, and we may see crude oil back at $100 per barrel by Jan-Feb 2015. Continue reading →

Energy

Suzlon Energy to set up 3000 MW Wind Energy Farms in AP, India

Suzlon Energy, one of the world’s leading wind turbine manufacturer and wind energy projects developer, said has informed the market that it plans to invest Rs 180 billion in the Indian state of Andhra Pradesh (AP) for development of wind capacity in the state totaling 3000 MW between 2012 and 2016.

Suzlon has entered into a Memorandum of Understanding (MoU) with the AP State Government. Under the MoU, the AP state government will help Suzlon to obtain necessary approvals and clearances for the development of the wind energy farms of 3000 MW capacity. In return, Suzlon will be the preferred wind energy developer and will channel wind energy investments into the AP state through its global customers base. The MoU covers the development of wind energy farms across the state. It should be noted that AP state has the largest coastline in India, and has high potential sites for wind energy that can use Suzlon’s new S9X range of wind turbines.