Global Slowdown, plan your career and finances

How are you doing?  Here I found very good article regarding managing finance during slowdown. I hope it this will help you in to manage future decade for your career and finances. Also, Let’s hope Indian economy will continue performing good and survive with global economy crisis.

We’ve learnt our lessons the hard way. But rather than wait for the next
recession blow, one can play it safe.   Sanjeev Sinha  ( The Economic Times)

10 points that can equip you to deal with similar situations

THE OVERALL impact of the financial meltdown, which is certainly huge, is
now evident across the world. Particularly, the pain of job losses and drop
in savings is being felt everywhere. This, in turn, has instilled a sense of
fear and cynicism in the minds of investors globally. Still, while we are
making vast efforts to extricate ourselves from the current crisis, little
effort is being made to prevent the next one. Rather than wait, however,
there are many things which can be done now to avoid another crisis, or at
least cushion the blow when it comes. Listed below are 10 personal finance
lessons we can and should learn from the meltdown:

CONTROL EXPENSES & STICK TO THE BUDGET

You are more likely to face financial problems, if you have been extravagant
in your expenses. However, in a bid to tide over the current crisis and also
avoid such crises in future, you need to adhere to some financial
disciplines, and making a budget and sticking to it is one of them. Sticking
to the discretionary budgets, in fact, can help you handle the uncertainty
in the non-discretionary expenses.

Makar Sankranti

By Swami Shivananda

Sankranti means to go from one place to another place (to change direction). It also means one meets another. The time when the sun changes direction from one constellation (of the zodiac) to another is known as Sankranti.
Transition of the Sun from Sagittarius to Capricorn during the winter solstice in the northern hemisphere (Uttarayana) is known as Makar sankranti.

Solar Year – Importance of the Sun

There are 12 signs of the zodiac. There are 12 Sankrantis as well. They are given names according to the position of the sun in relation to the signs of the zodiac. Each of the 12 Sankrantis has its relevant importance but two of these are most prominent.

These two are Mesh Sankranti and Makar Sankranti (Aries and Capricorn).The solar year commences when the sun is in Aries (the first sign of the zodiac). From the point of view of mathematical calculations, the solar year is more scientific than the lunar year. One lunar year has 354 days only and lunar days (or nights) increase or decrease according to the phases of the moon. Compare this to the solar year which has 365 ¼ days and remains the same. Many astrological books are based upon solar calculations. The sun is the most important and the most prominent of our stars and the undisputed lord of our planetary system. The sun always comes first. First day of the week commences with Sunday (Ravi).

Science attaches great importance to the sun. The sun is the inexhaustible storehouse and the source of light and energy. Without sunlight creatures and vegetation would cease to exist. People will lose their life sustaining vitality. Lack of nourishing substances would lead to the end of creation. This is why the sun’s existence, movements and positions in the cosmos are so important and that is why the sun earns our respect, admiration and reverence.

Bhagdavad Gita and management

Mind is very restless, forceful and strong,O Krishna, it is more difficult
to control the mind than to control the wind”
Arjuna to Sri Krishna

ARTICLE FROM M.P.BHATTATHIRY AGED 60 ( RETD. CHIEF TECHNICAL EXAMINER TO THE GOVT.
OF KERALA), RADHANIVAS, THALIYAL, KARAMANA, TRIVANDRUM. 695002. KERALA,INDIA

 

Introduction

India’s one of the greatest contributions to the world is Holy Gita.

Arjuna got mentally depressed when he saw his relatives with whom he has to
fight. The Bhagavad Gita is preached in the battle field Kurukshetra by Lord
Krishna to Arjuna as a counselling to do his duty. It has got all the
management tactics to achieve the mental equilibrium..

Management and the Bhagavad Gita

Management and the Bhagavad Gita Viewpoint:

old resources, modern truths
by M. P. Bhattathiri

Editor’s note: The Bhagavad Gita is a guide for millions of people around
the world, particularly in India. Quality Digest is interested in anything
that can affect quality in business, and Bhattathiri’s use of the Bhagavad
Gita is unique in our experience.

One of the greatest contributions of India to the world is the Bhagavad
Gita, or Holy Gita an ancient epic poem in Sanskrit whose title translates
to The Song of the Divine One and is considered by many to be one of the
first revelations from God.

Tata’s Jaguar acquisition and Ferrari ride

in depth analysis on TATA acquistion of Ford’s Jaguar and Land Rover

Tata group which is responsible for India’s biggest foreign takeover, by acquiring the British steel company Corus through his Tata Steel business for £6.7bn earlier this year, is now reckoning for another big acquisition, this time for its automotive division. Tata Motors is in the early stages of evaluating a bid for the Jaguar and Land Rover reported British daily The Telegraph.. Ratan Tata is understood to have instructed advisers in the past fortnight to begin evaluating the merits of a joint offer for Jaguar and Land Rover, which have been earmarked for disposal by struggling American car giant Ford. People close to the situation last night said that Tata Motors’ evaluation of a bid was at an “exploratory” stage and may not lead to a formal bid for the two brands. One person familiar with the position said that Tata Motors had signed a confidentiality agreement with Ford in recent days. .Besides Tata, other car makers from middle east and eastern car manufacturers may be interested in bidding, while a formal auction would also be likely to attract private equity firms such as Apollo, Blackstone and Cerberus ( theUS buyout firm which acquired Chrysler earlier this year for $7.5bn).