Sunday, April 12, 2009

Investing in infra during recession key to growth

he recession may trigger curtailment in spending, but increasing investment in public infrastructure during a crisis is the key to growth for emerging economies like India, the World Bank has said.“In India, the need for infrastructure investment is widely recognised as a critical priority for ensuring more and more inclusive growth and poverty reduction,” World Bank Vice-President Katherine Sierra said in a bank publication.

Infrastructure projects often take years to prepare, but “postponing them has a drastic knock-on effect for medium term growth”, she added.Terming the cut in public infrastructure spending by many countries during the Asian financial crisis as “a short-sighted solution”, Sierra said the move made emerging from recession all the more difficult.Many countries today, from the US to Russia to China, plan to accelerate infrastructure spending to respond to the crisis, she pointed out.

In India, inadequate power supply remains a key constraint hampering businesses in many areas.“With 40 per cent of India’s population expected to live in urban areas by 2021 and expected to create about 65 per cent of the nation’s GDP, it is urgent to ensure that modern water supply, public transportation, sanitation and solid waste management are in place to support this growth,” Sierra said.

Citing estimates of an analysis, she said economic losses incurred on account of congestion and poor roads alone run as high as $6 billion a year in India.In its Eleventh Five-Year Plan, the government of India has set aggressive targets on infrastructure investment, from its current five per cent of GDP to 9 per cent by 2012.This present a formidable challenge, with a sharp slowdown in the availability of financing for new infrastructure projects,” she said.

However, in a major lending operation, the World Bank is providing a $1.2-billion credit to state-run India Infrastructure Finance Company to help it catalyse long-term debt for infrastructure projects built on public-private partnerships

Cracker Business Cracks the wall this time....

All the major towns in India witnessed brisk sale of crackers on Friday though the prices shot up by 15 to 20 per cent.According to the sellers, the business of crackers crossed Rs. 2 crores this year. The district headquarters town alone accounted for a business of Rs. 1 crore.

The District Cooperative Marketing Society (DCMS) too was into cracker business this year.It put up some five stalls in the pavilion ground where some 60 shops were licensed to sell crackers.It was aimed at giving crackers to people with the least profit margin, said the society officials.

Every shopkeeper had stocks worth more than Rs. 1 lakh and nearly 95 per cent of the stocks were sold by the evening. No one was at loss thanks to the dry weather condition this year, said Srinivasa Rao, a trader who claimed to have made a profit of Rs. 40,000 in just one day. The society had become the biggest rival for all private traders. Almost every one of them was forced to sell crackers at the lowest margin. All the sellers, barring a few, closed down their stalls by 5 p.m.

A majority of them had the supplies directly from Sivakasi, while some of the shopkeepers had them from distributors based at Gannavaram, Tadepalligudem and Eluru. In Bhadrachalam, the traders were permitted to put up stalls on the Godavari river bank. The employees and coal miners got the crackers from their cooperative societies. People were seen purchasing crackers till late in the evening in Sathupalli.

All About the origin of Stock Market

Ever since the NYSE began in 1792 with the historic Buttonwood Agreement, the United States has had a stock market. The Buttonwood Agreement was signed by 24 of our emerging country's most prominent bankers, brokers and merchants, all with the intent to trade stocks and securities through a common clearing house. These early stockbrokers looked to Europe for a model to build their system on and decided to base it on the system of Spain. This was largely due to the fact that the U.S. dollar's value had been based on the value of the Spanish real.

The real was the Spanish silver dollar and was divided into eight parts. This evolved from the method of counting on the hands, similar to the decimal system

The difference was that the decimal system used the thumbs as part of the number while this other system used the thumbs to denote the total of the four fingers. Therefore, a person would count to four on one hand and then use the thumb to indicate a total while they counted on the other hand. Two thumbs equaled eight. The real could be broken into two, four or eight parts, giving birth to the term pieces of eight.

So when the U.S. stock market began, they based the stock values on one-eighth fractions. An interesting side effect was the way this influenced the spread. The spread is the smallest amount that a stock can change in value. With one-eighth fractions, the smallest spread was 12.5 cents. This may seem insignificant, but it could amount to a large sum when trading thousands or even millions of shares of stock. Eventually, the stock exchanges added sixteenths to cut the spread to 6.25 cents. Today, there are even stocks that trade at thirty-seconds or sixty-fourths!

The problem with using fractions is that it has to be translated to match the rest of our decimal-based economy. For example, do you know how many shares of stock at 4 3/8 you can purchase for $4,375? You probably need a few moments with a calculator to realize that $4,375 will buy you 1,000 shares but it would have been fairly obvious in decimal form (4.375).

What's Outsourcing all about

A manager for the fictitious Smith & Co. manufacturing faced a dilemma. The company's newest product in development showed great promise, but also represented a departure from the company's in-house expertise. To design and engineer the product, Smith & Co. would require an entire new line of engineers with specialized skills and equipment. However, the cost would take a chunk out of the company's projected profits.

That wasn't the manager's only issue. The product included a component that Smith & Co. didn't manufacture. Adding that equipment, and training workers to use it, would take time -- too much time. The market was ready now for their product. The delay would cost the company.

What could the manager do? He might turn to outsourcing to solve these problems and help his company succeed.

Outsourcing is when a company hires another individual or company to perform a specialized task, whether it's making a product or providing a service such as human relations or information technology. 

Think of an individual home owner, for instance, who needs his house painted. He could go out and buy paint brushes, rollers, scaffolding, ladders and insurance and then take the risk that he can do a good enough job -- and not fall off the scaffolding! He'll also be stuck with the expense of purchasing all that equipment for a task that he only needs to do once every few years.

Or, he could just hire a painting contractor. The decision to outsource works in the same way.

Many countries, including the United States, outsource frequently. As of 2004, U.S. companies had outsourced anywhere between 300,000 to almost 1 million jobs, according to sources like BusinessWeek  Goldman Sachs projected that number would grow to 6 million by 2014.

Food for Survival

Order bulk food to store for survival needs in case of emergency.Hurricane, tornado, terrorist attacks, nuclear disaster,Contagious Diseases... Stock up on food supplies while it is readily available..Take advantage of the EZ one stop shopping from this website.with your  food order.Excellent opportunity for community organizations, churches, cities and families.Having food, water, shelter and a plan will cover 90 percent of your needs.  The important thing is that you start preparing today. Prepare before the emergency, not once it is here. Not only will this give you the best chance for survival, it will be cheaper and easier.


We know that these extremists hate America and what we stand for. They hate our freedom, our individual rights, our wealth and our opportunity. They hate our religion, and they hate our values and our culture. They hate not only our president, but our form of government and our democratic way of life. And they hate the military progress and success we have made in Afghanistan and Iraq. They fear us and our might and know that we seek to destroy them before they can destroy us.

 

We know that many of them have been trained in camps, trained to build and set explosives, trained in guerrilla warfare, trained in how to create car bombs and dirty bombs. We know they have a burning desire to use this training, to attack Americans and Europeans and even those who believe in a gentler form of Islam. We know they will gladly die in the process of delivering an attack that succeeds in killing Americans or people who cooperate with the United States.

 

And because we know this, we know that they will strike again. We expect it. Many people are surprised it hasn't happened within the Continental United States since 9/11/01. But now it looks like we are closer to an attack on U.S. targets than we have been for more than six years. But what we don't know is how and when the attack will take place. We don’t know how many cells of terrorists are quietly waiting and planning one or more attacks. We don't know if they have biological weapons like Anthrax or chemical weapons like nerve gas.

Molecular Biology Core Facilities (MBCF)

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Computer Aided Design Software and Standards

Software written to work on Personal Computers should allow data to be transferable for uses on other computer systems, including CNC work environments. To achive a lower deployment cost - work environments should employ PC based technology in the office while using CNC based machines in joinery shops. Both software environments provide 'bridges' to import or export data (generally in ISO/UFT-8 ASCII TEXT format)

 

Many Kitchen Cabinet Design softwares come with an option of exporting data for CNC processors, data for quotations, and data for stock or material reports. Some providers supply software in seperate parts to suit a work environment and encorperate the design data for creating a overall business management solution based on the target environment uses.

 

Methods of various 3D software - what is inside 2D or 3D 99% of todays softwares use the Matrix Method for rendering 3d previews of kitchen layout work spaces for shop drawings to client reviews. 4 examples below; GUI or cordinate system, Maths, Line, Matrix.

 

Hardware translates the various input data - and displays the result onscreen. Speed is measured in Trianges pre-second, etc. A maths based render is slower because a computer processor must calculate cursur position for software drivers. Only 2 directions may be rotated on screen sides. The Matrix method has points in space defined for software drivers and simply seeks or sets a colour state. Rotation is in 3D because scrolling is on 6 faces.