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Showing posts from October, 2007

Shark Finning - Shame on Humanity

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One of the most beautiful creations is being brutally killed. Read below to know how. And also read what we can do to help. Excerpts from the site: “Shark finning is killing sharks every year at an alarming rate! It is estimated that 100 million sharks annually are killed for their fins alone. This practice is mainly for supplying shark fins for the so-called delicacy known as shark fin soup. Sharks that are caught and their fins cut off are not always dead when their bodies are thrown back into the sea. Without its fins the shark simply sinks to the bottom of the ocean where it dies. Such a horrible death for such a magnificent creature! How aweful it must be for these animals... to think that when their body hits the water again that they will be safe, only to realize that they can no longer swim, and end up dying in an ocean, which was just moments earlier their safe haven, and is now their doom. All of this killing for a bowl of soup! What if human foot soup sudde

SEBI proposes to stem PN money entry in India

News: " Securities and Exchange Board of India proposal to tighten the rules for purchase of shares and bonds in Indian companies through the participatory notes. At present there are 34 nos. (14 in Mar'04) FIIs / Sub-accounts issue ODIs." The SEBI move was long overdue and it is in the interest of the country that the RBI, SEBI and the Finance Ministry acts in coordination, rather than serving their own briefs and ignoring the bigger picture. Comments against the move suggest that India was blessed with the capital inflow which many an economies would have given anything to secure. Hence, it is not in the interest to stop the inflow and rather, one should welcome it. Such a move, may well end in shooing away the investor projecting India as being too arrogant. Well, taking one at a time: “ India was blessed with the capital inflow …it is not in the interest to stop the inflow and rather, one should welcome it.” In an economy, there is an intrinsic value