Reason of Market crush

Many factors. One, there is a change in the global investment climate. One of the primary triggers is the huge fear of the United States' economy going into a recession with foreign institutional investors trying to reallocate their funds from risky emerging markets to stable developed markets. Analysts are now expecting a cut in US interest rates.

Hedge funds and FIIs could have been the biggest sellers in the Indian markets, booking profits and making the most of the unprecedented bull run that has dominated the Indian stock market for a long time now.

The current volatility is also linked to global bourses. There is a big correlation among global markets. The presence of hedge funds across asset classes, along with increased global movement of capital, has increased event-related volatility.

Ubhay
http://contactofindia.com

Bihar Disaster

What happening in Bihar, it is well know to entire world. It is a destiny of Bihar to face natural disaster each year.

Each year Bihar face natural disasters but this year it completely destroy Bihar. Whatever is happening in northern region of Bihar affected many of the districts and the number growing rapidly. As per media, apprx. 25,00000 population badly affected of the flood.

Thanks to Prime minister who accept it as national disaster. At the time of this disaster all Indians should come forward to help Bihar. State government and central government should start fund raising account to help the people in disaster. And all our respected politicians should stop giving this a political color.

Ubhay Kumar
http://contactofindia.com

Pervej Musharraf

Facing an imminent impeachment, Pakistan President Pervez Musharraf today announced his resignation maintaining that he wanted to avoid the country being put into instability and confrontation.

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Bangalore serial blast

Now militants target the southern city of Indian “Bangalore”.
It was six serial blasts within 15 minutes of time-span.
In which 1 lady died and few injured. Read More…..


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Indian Politicians

It was a flash trade kind of situation in Indian assembly yesterday on the day of vote of confidence. Many (Existing MPs) new faces of Indian film industry were also present in the assembly. Offered money was displayed on air too.

It was really very disturbing to see our representatives to act like this.

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Indian Assembly

Indian assembly will face trust vote on 22nd.
Trust vote is the way to earn huge amount for Independent and so called BAGI MPs.


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Government should take care

Whatever political decisions government is taking on international level, is not affecting lifestyle of Indians. Inflation is going high day per day.

Government should take some necessary steps in favor of people and control the inflation.

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UK allows Indian professionals to return

Jul 11, In a major policy change, Britain has decided to allow thousands of Indian professionals, who left the UK after being adversely affected by the November 2006 changes to immigration rules, to return and work here.

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Hot topic of Indians

Politics and cricket is no more hot topics between Indians, these are being replaced by topics of inflation and lively hood.
In recent months rates of necessary commodity rise even 40% but not the earnings. It is very tough now a day for a middle class family to live in major cities.


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Search Indian People

Contact of India helps people to find and search address, information, email, phone no and many other details of Indian people.

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Indian Prfessionals around the globe

Indian professionals working around the globe on various and respected positions. They are serving the world in different fields like Engineering, Medical, Research, IT and many other sectors.

Recent survey by a reputed media group shows that, many of these professionals wants to come back and serve India subject to government provide facility as they required.

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