India´s richest starting to be poorer than 2010

India's richest are 20 pct poorer than 2010: Forbes
The country's 100 wealthiest individuals now worth a total of USD 241 bn, down from USD 300 bn in 2010
The combined wealth of India's richest people has fallen nearly 20 percent over the last year, due to factors including inflation, falling stocks and corruption, Forbes magazine said on Thursday. The business publication said the country's 100 wealthiest individuals were now worth a total of $241 billion, down from $300 billion in 2010, according to its India Rich List 2011. The number of billionaires on the list also fell from 69 to 57 in the same period, while the top 10 saw their combined wealth fall 25 percent from $150 billion to $113.6 billion.

"This has been a turbulent year for India's richest," Naazneen Karmali, the India editor of Forbes Asia, said.

"Despite the economy growing at close to eight percent, a spate of corruption scandals and rising inflation has taken a toll."

Massive corruption allegations, coupled with a downturn in the global economy and spiralling input costs, have affected demand and company earnings, as well as investor confidence on the stock markets.

Mukesh Ambani was India's richest man for the fourth year running, according to the Forbes list. The chairman of oil and gas conglomerate Reliance Industries had a net worth of $22.6 billion, down $4.4 billion from 2010.

British-based steel tycoon Lakshmi Mittal was in second spot with a net worth of $19.2 billion -- a 26 percent fall from last year, as shares in his ArcelorMittal steelmaking firm plunged. Azim Premji, the head of India's third-largest software outsourcer Wipro, was in third with $13 billion, also down 26 percent.

The biggest name to be hit was Mukesh Ambani's younger brother, Anil, the chairman of the Reliance Anil Dhirubhai Ambani Group, who slid out of the top 10 for the first time.

He saw his net worth more than halved from $13.3 billion in 2010 to $5.9 billion this year, amid falling investor confidence and a probe into whether his firms were involved in a large-scale telecoms fraud.

The 10 richest Indians are:

1. Mukesh Ambani (Reliance Industries Ltd) $22.6 billion

2. Lakshmi Mittal (ArcelorMittal) $19.2 billion

3. Azim Premji (Wipro) $13.0 billion

4. Shashi and Ravi Ruia (Essar Group) $10.2 billion

5. Savitri Jindal (O.P. Jindal Group) $9.5 billion

6. Sunil Mittal (Bharti Airtel) $8.8 billion

7. Gautam Adani (Adani Group) $8.2 billion

8. Kumar Birla (Aditya Birla Group) $7.7 billion

9. Pallonji Mistry (Shapoorji Pallonji Group/Tata Group) $7.6 billion

10. Adi Godrej (Godrej Group) $6.8 billion

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Be here now, Ram Dass

I think you shut have a look on this book: Be here now, from Ram Dass (http://en.wikipedia.org/wiki/Be_Here_Now_(book))

Ram Dass-be Here Now


You can download here

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Mumbai Protest Leaves Two Dead - WSJ.com

MUMBAI—Two people were killed and 65 injured Saturday when a protest in Mumbai turned violent, a senior police officer confirmed.
The protest—over the suffering of Muslims in India's Assam state and neighboring Myanmar, newspapers and television stations reported—drew hundreds of demonstrators to a central green called the Azad Maidan Saturday evening. It turned violent suddenly, prompting police to fire in the air and use batons to disperse the crowd, police and a witness said.

Source: Mumbai Protest Leaves Two Dead - WSJ.com

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Ten fastest growing economies in the world 2012

Well, the BRICs (Brasil, Russia, India, China) is going on their way, but let´s focus globaly and get some vision in the future of 2050. Here is some overview where will be the best of 300-trillion USD rise in the world, the GDP now and 2050. Focus on the following emerging markets. 

Fast growth countries : 

1. China
2. India
3. Philippines
4. Egypt
5. Malaysia
6. Peru
7. Bangladesh
8. Algeria
9. Ukraine
10. Vietnam
11. Uzbekistan
12. Tanzania
13. Kazakhstan
14. Ecuador
15. Ethiopia
16. Sri Lanka
17. Azerbaijan
18. Kenya
19. Bolivia
20. Jordan
21. Uganda
22. Ghana
23. Paraguay
24. Turkmenistan
25. Honduras
26. Serbia

What makes economies grow?
Clearly, this is a question Western policymakers are grappling with right now. If we step away from the cyclicality, there are two ways economies can grow; either add more people to the production line via growth in the working population, or make each individual more productive.


What else is important ?
OPEN THE EYES ... AND ...

Yeah we need Education - Democracy - and we need more better attitude

The most potent recipe for growth is a country that scores highly on the fundamentals discussed but currently has low income per capita. These economies should deliver the highest growth in income per capita as they ‘catch up’ with those with similar fundamentals. Economies with poor governance and low education will remain stuck in this low-income trap. This has been the position a number of African nations have found themselves in for so long.


Developed world
Countries in the developed world might be considered to be at the technology ‘frontier’. With income per capita already high, these economies do not get any ‘catch up’ boost so rely on the other variables in the model (education, rule of law, etc) for technological progress to deliver further gains in individual prosperity. That said, there are still large variations across the developed world with real income per capita in Portugal at just over USD11.5k compared with USD37k in the US. Those with similar economic infrastructure to the US but with lower income per capita will therefore get a ‘catch up’ boost. This explains why the model provides higher income per capita forecasts for the likes of Spain and Greece, which may seem implausible given their current difficulties. 

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Hungry children, hunger and malnutrition in India

INDIA, Real problem named: The Republic Of Hunger

All stories has two parts, in one is the "success" on the way which is promote all over the world and by all media, but the second part of the story is what is behind the wall. I remember when I was first time arrived in New Delhi, it was in October 2011, in that day was promote new SKODA Rapid for India market, anyway when I travel by TAXI to center, I was shocked, nice, clean streets, really nice look, I said myself, yeah GOOD JOB guys, the journey to center is surrounded by some walls higher lower, but walls was there ... Yes, and behind this walls I saw another face of "growing India", like in Mumbai slams,hunger like in other bigger cities in India, which I visited... So, even government is support almost 63% by subsidized rice, and other stuff, for APL and BPL - you can see my article Socialist OR Social India X Exercise OR Steroids, it is not enough because usually all this shops are corrupted and cheat and resale this subsidized food in normal markets, so these who need it real not all of them are satisfied. So, I want to just have a look also on this other side of the coin of India economy ... Yes it is development of the social part and economy part, BUT . . .

Every third malnourished child in the world is from India, so what is the government doing to feed its millions?

About 320 million Indians go to bed without food every night, and recent data suggests this already alarming situation is getting worse. Despite the magnitude and intensity of this problem, it remains on the margins of policy planning, public action, intellectual discourse, and media coverage, writes Ammu Joseph. 

  

"When India achieved independence, more than 50 years ago, the people of the country were much afflicted by endemic hunger. They still are. Since India is often considered to be one of the great success stories in tackling the food problem, the belief in success has to be scrutinised in the light of the grim reality that we can observe."

Amartya Sen, speaking on Hunger in India at a public hearing on the Right to Food 

New Delhi, 10 January 2003

The recent reported increase in the number of Indians suffering from hunger and undernourishment is alarming, especially since the first National Family Health Survey (1992-93) had revealed that India was already one of the most undernourished countries in the world.

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Investments in coal sector explored, CZECH Investments

Jun 14 2011 - India invites Czech investments in Coal sector Explored the scope for technical cooperation between both the nations in the field of coal mining; technical cooperation in manufacture of mining machinery for both underground and lignite mining.

New Delhi:Coal minister Sriprakash Jaiswal has invited Czech Republic firms to invest in the coal sector in India.
“Jaiswal.....invited the Czech companies to invest in Indian coal sector,” an official release said on Tuesday.


Jaiswal, who met Czech Republic trade and industry minister Martin Kocourek on Monday, also explored the scope for technical cooperation between both the nations in the field of coal mining.


“This included deep coal mining, lignite mining and clean coal technologies covering the areas of coal mine methane extraction, underground coal gasification etc,” the statement said.

The high-level delegation, comprising Alok Perti, special secretary, coal ministry, N C Jha, chairman and managing director, Coal India, among others, also proposed technical cooperation in manufacture of mining machinery for both underground and lignite mining.


“The Czech industry minister evinced interest in associating his country with the coal mining in India,” the statement added.

Jaiswal had left on a ten day visit on Monday to three European nations --Czech Republic, Belarus and Poland -- to seek technology for underground coal mining.

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NEW Tata Indigo Manza Diesel Hybrid

Yeah, also TATA starting to focus on some "responsible" car for India responsible generation.
If the design will recognize you something ... I think I saw it somewhere ;-)))

The Indigo Manza Hybrid Concept also has a completely redesigned front and rear which is extremely modern, sporty and yet sophisticated. The bi-xenon and LED headlamp cluster gives the Indigo Manza Hybrid Concept an extremely bold face and the LED tail lights add to the extremely modern and dynamic design of the car. The proximity-touch operated door locks on the car are not only intuitive to use, but also give one a sense of being welcomed into this revolutionary vehicle.

The car also features 17″ wheels with 205/45 R17 tyres with optimized friction reduction for better roll, thereby increasing efficiency. Apart from regenerative braking, the Indigo Manza Hybrid Concept also recharges its high-capacity Lithium Ion battery pack with the roof mounted solar panel. The car comes equipped with ABS and Airbags as standard, and to make driving in inclement weather safer, the Hybird Concept has a special hydrophobic nano-coating on the windscreen, which assists the conventional windscreen wipers & HVAC demister system, to keep the windscreen clean and reduce the wiper operations.

TaTa Indigo Manza Hybrid Concept is powered by a Hybrid 1.05Litre DiCOR engine and  electric motors, the Indigo Manza Hybrid is an efficient sedan with a focus on drivability and very usable performance in the real world, due to its nature of being both a Series and a Parallel Hybrid. The vehicle is designed to deliver performance with less than 90gms/km CO2 emission in city traffic conditions with technologies like high speed cranking, regenerative braking, auto start/stop, series hybrid mode and limited range pure electric operation. On the highway, the vehicle delivers best-in-class acceleration performance in the parallel hybrid mode.

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Civil aviation prospect for FDI ? Kingfisher, Jet, SpiceJet...?

Mohan Q ? : Is Indian Civil aviation a viable prospect for Foriegn Equity participation?

Dear Mohan, as you are working in this field you are more professional than me. Generally my private opinion is that even increase ideas from 26% on 49%, it is still minority for FDI. The Civil Aviation Ministry has recommended 49% FDI in aviation - February 2012. So who knows. Anyway Aviation stock jump after this FDI increasing information. Stocks of Jet Airways and Kingfisher traded nearly 2.5 percent higher in opening session, it was during the Dec 2011. Now as we can see is Feb 2012 and Ministry starting "thinking" about 49%. So it means, that FDI is require. But international airlines don´t has a so much interest in low profit in domestic airlines. You know how is the situation globally with international airlines. So in my opinion FDI is not interesting in domestic airlines. Most of the new FDI will be used for old "things" and mainly bank loans, some revitalization action,but where will be the profit, how can be reach interesting ROI % ? I don´t think so. Maybe some new technology, or some New or Renovate Airport BOT (build-operate-transfer), PPP. You know how it is with Kingfisher Airlines, SpiceJet, and heroic Jet. Kingfisher in Nov 2011 has suffered a loss of Rs.1027 crores ($200 million) in the past fiscal year, adding to its mounting debt. Time seems to be running out NOT only for Kingfisher Airlines. Fuel, Tax, Employee, etc. I remember in Europe some bankruptcy like lowcost airlines SkyEurope (2010) from Bratislava, Slovakia and others. Some Airlines need help from local Goverments like Alitalia, etc. But it was 2009 - 2010. Now here in India is 2012. So hope India will be O.K. also in this sector. All the best to you.

Dr.Surjit Bhalla, Chairman of O[x]us Investments, Saumil Trivedi, Market Analyst, Harendra Kumar, Managing Director - Head - Institutional Equities & Global Research of Elara Capital and Dorab R. Sopariwala discuss the markets, surging gold prices, the telecom sector woes, Kingfisher bailout, economic growth, possible cut in interest rate by RBI and Aviation FDI.

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Federal Reserve bank of USA found solution

So, that´s great news, in USA find the solution how to survey and save the world . . . It is TOP secret ! Yes, they will print more green papers and we can still call them money and USD "American Dollar" or we can use them in better way ... I hope it is from recycled eco paper.
 God bless America !

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Indian history Independence Movement and "India's 63rd Republic Day"

"The Uprising of Indian Independence Movement -- A Fight for Freedom" is a tribute to our national leaders and freedom fighters who sacrificed their lives for . . .
History has to teach us and we have to accept it:

Here is India's 63rd Republic Day Parade (26/01/2012)

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India is on the TOP in HNI population !

India among Top 12 nations in HNI population !


As per Asia-Pacific Wealth Report, the number of India’s high net worth individuals (HNI) grew by 20.8% in 2010, making a cut in to top 12 nations in terms of HNI population.


Not surprisingly, Asia-Pacific region recorded the strongest regional rate in the world in terms of HNI population growth last year.


India had experienced the world’s largest declines in HNI population and wealth during 2008 global economic crisis. However, in 2009, Indian HNI wealth recorded a brisk growth by 22% to $582 billion backed by strong growth in domestic market.


In FY10, the HNI population of the world’s largest democratic country grew to 1.53 lakh, from 1.26 lakh in 2009. Interestingly, China, Japan and Australia accounted for almost three-quarters of the Asia-Pacific HNI population.


***High net worth individual (HNWI or HNI) are generally rich or wealthy people with more money and assets, traditionally these people were called as millionaires or billionaires but these days the term high net-worth individuals is used by the financial services to denote an individual with high net worth. High net worth ,means your Credit worthiness ,as Banks or other financial institution rate you by looking at your Actual assets Liquid/Fixed.

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On the way to Tamil Nadu, Ooty, KodaiKanal, Chennai

Tamil Nadu, தமிழ் நாடு, is one of the 28 states of India with capital Chennai. Establish 26th January 1950. The region has been the home of the Tamil people since at least 500 BCE. Total 130.058 km2 (11th from 28 states in India), population of 72.138.958 people (7th in India from 28 states). We visited some hill area like Ooty, Kodaikanal and also the capital Chennai. Our group also starting in Tamil Nadu with some investment opportunities, so here is some of my photos and videos, made by mobile HTC ;-) and by Nikon D60. Most of the pictures made by my wife. In hill area was during the night around 5°C, so like in Czech Republic ;-) This hill´s area are peaceful, virgin nature, fresh air and like in heaven ... 
Nice experience, thank you India ;-)

If you have problem to see it pls use this URL

Ootacamund (ஊடகாமுந்த்), Udhagai, OOTY located in Nilgiri hills, Tamil Nadu. 

They called it "Queen of the hill Stations" 

Our friends and guides from Tamil Nadu
Vasanthi & Krishnamaraja
Nice to met them and thank you for all ;-)

here in forest . . . inside ...

On the way to hill area (Nilgiri Hills) in Tamil Nadu, South India

On the way to hill area (Nilgiri Hills) in Tamil Nadu, South India
some cheeky monkey

Isn´t it heaven ?!

In the town, OOTY

In the town, OOTY

Hill area (Nilgiri Hills), tea plantation in Tamil Nadu, OOTY, South India

Hill area (Nilgiri Hills), tea plantation, dam, 15 km from OOTY

Here you can watch nice video ... And also if you want you can call us
and purchase a piece of this nice and peaceful part of Ooty 

KODAIKANAL (கொடைக்கானல்), 
Its name in the Tamil language means "The Gift of the Forest"

On the way to KODAIKANAL

In the town of KodaiKanal

Some more photos here: 

So, I hope you enjoy it and I can only recommend you to visit Tamil Nadu.

here is some helpful websites for Tamil Nadu
and if you are planing to come to South India
write us your experience and maybe see you here . . .

• http://www.tamilnadu.com/tamilnadu/main/common/index.jsp
• http://www.tn.gov.in/ 
• http://www.tamilnadutourism.org/

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Socialist OR Social India X Exercise OR Steroids

Here in India it is pump a lot of money to every where, the India is like taking steroids to it body, but not making proper and hard exercise, the steroids needs body more and more ... But muscles, strong body and healthy good feeling, this is the main point, why going to Gym and sweat there everyday 2 hours ... Because we want to be healthy and Feel Good, on other sides is good looking, but if you feel good inside, which is more important, the looking on you from outside will be also very good, how you feel, this is also connect how people will perceive you as your body ... So India is starting to taking so much steroids and NOT doing the proper exercise ... It will be dangerous to be overdose ... Going together with this banking loans, mortgages, real estate booming, unemployment, agriculture, environment, infrastructure and power energy and also the good manners . . . 

One example connecting with Food security legislation. I was surprised when I saw some shops, with lot of people, long line of people, I was asking driver, here is so many people, looks like they are giving something for free, YES I was almost correct ... All India is covered government-owned FAIR PRICE SHOPS. Government is taking care for people, that´s great and correct ! In this shops Government sale highly subsidized rice, coarse grain, wheat, sugar, kerasin to 63,5 % of India´s population ! So everybody has the legal right to food ! Government gives it to both priority and general categories of the population under the proposed National Food Security Act (NFSA).
Here in India is two general categories of population BPL (Below Poverty Line) and APL (Above Poverty Line) (Note: About the types of Ratio Card and this system will be talking later).

So continue in Social and Socialist thinking and different ;-) Government purchasing the wheat from local farmers for Rs 12 per kg but selling it through the net of the Fair Price Shops for Rs 2 per kg... It looks like European union and Greece, Italy and others but here it is totally different, here people need food, it is the question of survival. In Europe it is the special European philosophy : "SOMETHING FOR NOTHING", the results we see and opinion everybody can make by himself...

So I am waiting when it will come somebody and stopping to give them "fish", but starting to learn them how to catch the fishes ... It is very difficult, but one my remark, here is almost 1,2 billions population, but for example here in South India, especially in Kerala, here is nobody who will be working, really NOBODY ... Here is BIG problem to find labels, who will be working on the tea plantation, and in other sectors, they prefer more meetings, walking with flags, singing, make a lot of unions, and another meetings, so people DON´T have a time for WORK and ... 

Back to my idea and parable with fitness, gym, muscles, exercise, It is hard making proper exercise, going everyday, it is easier to taking the anabolic, steroids ... but the time will come, the results will be only for short time ...

I hope that in India will be growing more and more proper exerciser, than users of steroids. 
All the best to India !

Sometimes people loosing the human dignity . . . 

When it is missing dialogues, see what can happend

This Video is from Kottayam, Kerala, South India

28.10. 2011

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Holiday List  India - 2012

Date                      Week Day           Name

January - 26          Thursday             Republic Day

February - 5          Sunday                 Milad-Un-Nabi ( Id-E-Milad )

(Birthday of Prophet Mohammad)

February - 20        Monday               Maha Shivratri

March - 08           Thursday             Holi

April - 05              Thursday             Mahavir Jayanthi

April - 06              Friday                    Good Friday

May - 01              Tuesday               May Day

May - 06              Sunday                 Buddha Purnima

August - 10           Friday                    Krishna Janmastami

August - 15          Wednesday        Independence Day

August - 20          Monday               Id-Ul-Fitr

September - 19    Wednesday        Ganesh Chaturthi

October - 02        Tuesday               Mahatma Gandhi Jayanthi

October - 24        Wednesday        Vijaya Dashami

October - 27        Saturday              Bakri Id ( Idul Zuha )

November - 13    Tuesday               Diwali

November - 25    Sunday                 Muharram

November - 28    Wednesday        Guru Nanak Jayanthi

December - 25    Tuesday               Christmas

Deepavali in 2012

Check dates for all days of Diwali Festival in year 2012.

Date                                      Week Day           Holiday

November - 11                  Sunday                 Dhanteras

(Dhantrayodashi, Yamadeepdaan)

November - 12                  Monday               Narak Chaturdashi

(Kali Chaudas, Choti Diwali )

November - 13                  Tuesday               Main Deepavali

(Baddi Diwali, Lakshmi Puja)

November - 14                  Wednesday        Padwa Puja & Govardhan Puja

(Pratipat, Annakoot )

November - 15                  Thursday             Bhai Duj

(Bhhaya Dooj, Bhai Beej, Dvitiya ) 

Important Hindu Religious Festivals in 2012

Below are the dates for the important Hindu Religious Festivals in 2012.

Date                      Week Day           Name

January - 14        Saturday                Makar Sakranti

January - 28        Monday                 Vasant Panchami

March - 23           Friday                    Hindi New Year (Gudi Padawa)

April - 1                Sunday                 RamaNavami

April - 6                Friday                   Hanuman Jayanti

August - 2            Thursday               Raksha Bandhan

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Comparing countries, visualize Economic Freedom

Here you can see some more details and visualize the comparing

Comparing visualize countries

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India 123rd Economic of Freedom from 179 countries

India’s economic freedom score is 54.6, making its economy the 123rd freest in the 2012 Index. Its score is unchanged from last year, with an improvement in labor freedom offset by declining scores in five other areas including business freedom, freedom from corruption, government spending, and monetary freedom. India is ranked 25th out of 41 countries in the Asia–Pacific region, and its overall score is below the world average.


Despite India’s high economic growth, the foundations for long-term economic development remain fragile in the absence of an efficiently functioning legal framework. Corruption, endemic throughout the economy, is becoming even more serious. The state maintains an extensive presence in many sectors through state-owned enterprises, and the legacy of decades of failed socialist policies includes a substantial tolerance for government meddling in economic activity.



QUICK FACTS of India Economy 2011 - 2012

• Population:1.2 billion
• GDP (PPP): 
• $4.1 trillion
• 10.4% growth
• 8.6% 5-year compound annual growth
• $3,339 per capita
• Unemployment: 10.8%
• Inflation (CPI): 13.2%
• FDI Inflow: $24.6 billion

world rank                                            country overall score       change from previous

1. Hong Kong                                    89.9                                0.2
2. Singapore                                    87.5                                0.3
3. Australia                                    83.1                                0.6
4. New Zealand                            82.1                                -0.2
5. Switzerland                                    81.1                                -0.8
6. Canada                                    79.9                                -0.9
7. Chile                                    78.3                                 0.9
8. Mauritius                                    77.0                                 0.8
9. Ireland                                    76.9                               -1.8
10. United States                            76.3                               -1.5
    

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OOTY PLOTS LAKE VIEW FOR SALE in TAMIL NADU, India

OOTY, Tamil Nadu, India, PROPERTY - PLOTS for SALE with nice and panoramatic view on the lake, peaceful area, close to Ooty 15 km, close in 2 km schools, direct connection on the main roads, water + electric connection. The plots available from 10 cents up to 1 acr. Very good investment opportunity with excellent ROI %. For more informations and exact proposals, don´t hesitate to contact us on: www.IN-INVESTMENT.com / email: info@IN-INVESTMENT.com / cell. phone: +91 9544 622990

Don´t wait so much, almost 40% allready booked !!!

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