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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

Global Market Updates – Monday, 11 Nov 2019

The US-China trade war returned to centre stage last week as investors swayed between optimism and caution as mixed, but broadly positive reports turned the markets bullish. Reports earlier in the week suggested that China was demanding more concessions in rolling back existing tariffs as a condition for the first phase deal. There was more uncertainty as the US suggested midweek that a deal might be delayed until December but on Thursday markets turned positive again as China stated that the US had agreed to roll back existing tariffs as part of the first phase deal. As a result Crude Oil and stocks were boosted, while Gold decreased in value.

The General Election campaign officially began in the UK with investors keeping a close eye on opinion polls. The governing Conservatives have a firm 12% lead over the Labour party, although some opinion polls show that this lead is narrowing The election will take place on December 12th and investors will be hoping for a clear result which doesn’t prolong the uncertainty on Brexit.

The Middle East was another source of focus last week with both Iran and Iraq in the headlines and affecting Crude and Gold prices. While Iran continues its nuclear program in Iraq large numbers of protests continued with some blocking the key Nassiriya oil refinery and disrupting oil supplies.

Crude Prices were again pressured by poor inventories data this week, but finished higher over trade optimism.

Stock prices recorded all time highs again this week as trade sentiment supported the markets and better than expected US economic data, continued to calm fears of a US economic slowdown.

The prices of Natural Gas, Crude Oi, Palladium, Silver Platinum, and Gold saw the greatest volatility last week.

Natural Gas was the most volatile last week at 14.25%, and edged lower over the week by 0.64%, as the weather forecasts showed slightly milder weather was expected dampening prices somewhat.

Crude oil also experienced very high oscillations, showing volatility of 13.34%. The commodity’s price slipped slightly by 0.21% and prices were most volatile on Wednesday as fears over global demand continued amid nervousness over US – China first phase trade talks progress.

Palladium saw great volatility, recording 10.06% volatility but falling by 3.04% over the week with a strengthening dollar putting pressure on precious metals last week.

Silver was also highly volatile last week recording volatility of 12.68% and fell lower by 6.31%. Silver saw greatest volatility on Tuesday.

Platinum prices oscillated this week recording 11.46% volatility and declined by 3.04% over the week. The precious metal experienced most volatility on Thursday.

Gold prices continued oscillating by 6.68% last week and traded downwards by 3.51% over the week with the precious metal seeing most volatility on Thursday, in a volatile week that saw trade optimism turn slightly sour at the very end of the week.

Digital Demand Drives Growth for TCS in Q2FY2019

  • Digital revenue at 28%, up 60% YoY (CC)
  • $ Revenue grows +10% YoY; Constant Currency: +11.5% YoY
  • Operating Margin at 26.5%; +144 bps expansion YoY
  • Net Profit up 11.9% YoY

Mumbai, October 11, 2018: Tata Consultancy Services (BSE: 532540, NSE: TCS), the leading IT services, consulting and business solutions firm reported its consolidated financial results according to Ind AS and IFRS for the period ending September 30, 2018.

Financial Highlights for Quarter Ended September 30, 2018

  • Revenue at $5.215 Bn, +10 % YoY
  • Net Income at $1.119 Bn, +11.9% YoY
  • Operating Margin at 26.5%, an expansion of 1.4% YoY
  • Earnings Per Share at $0.29, +11.9% YoY
  • Net Cash from Operations at $1.042 Bn i.e. 93.2% of Net Income
  • Dividend per share of Rs. 4.00
    Record date 24/10/18; Payment date 30/10/18

Business Highlights for Quarter Ended September 30, 2018

  • BFSI, Retail verticals continue to accelerate: +6.1% and +15.6% YoY respectively
  • UK and Europe lead growth: +22.8% YoY and +17.4% YoY respectively
  • Superior client additions across bands: 4 new clients in the $100M+ band, 7 in the $20M+ band, 10 in the $10M+ band, 11 in the $1M+ band
  • World’s largest Agile-ready workforce: 279,000+ employees Agile trained
  • Net addition of 10,227 in Q2: highest in 12 quarters
  • Best-in-class retention: IT Services attrition rate steady at 10.9% LTM

Commenting on the Q2 performance, Rajesh Gopinathan, CEO and MD, said, “We are very pleased with our all-round strong performance in Q2. Revenue growth was driven by expanding demand for digital transformation across verticals, and continued acceleration in BFSI and Retail. Our industry-leading digital growth, and best-in-class client metrics bear testimony to our standing as the preferred partner in our customers’ growth and transformation initiatives.

He added: Our Business 4.0 thought leadership framework, contextual knowledge, and full stakeholder capabilities differentiate us, and drive demand for our solutions and services. Our Machine First Delivery Model (MFDM™) and Location-independent Agile methods are helping customers integrate automation deep within their enterprise, and orchestrate a more effective human-machine interplay to deliver superior customer experience at scale.

N Ganapathy Subramaniam, Chief Operating Officer & Executive Director, said, “This has been a very good quarter, with strong demand in areas like analytics, cloud and automation. Our Quartz Blockchain Solution is gaining traction, and we are seeing the creation of nascent ecosystems which could transform markets. Our Enterprise Agile 2020 vision is shaping open, collaborative workplaces and Agile ways of working. This, along with MFDM, is driving intelligent automation and the discovery of a new meaning to work i.e. training the machines with the contextual knowledge, scaling businesses and creating ecosystems. This people-first approach to the machine-first world is seen as a key differentiator by our clients in driving growth, competitive edge and innovation in their businesses”

V Ramakrishnan, Chief Financial Officer, said, “It is encouraging to be back in our preferred range of profitability at the operating level. Even as we expand our investments to build on our lead in the Digital space, our disciplined operations, the improving growth trajectory and a supportive currency make our margins resilient.” Continue reading

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…

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