Category: thoughts

Monetary Imbalance.

Mental imbalance leads to a quixotic behaviour ,certain times harmless, most times violent.

Physical imbalance directs to an unsymetrical aspect and brain seizures foretelling major health risks.

Monetary imbalance juggles up finances and defaults focusing on a much hesitant bankruptcy.

A careful consideration of mental , physical and fiscal balance is an essential referendum to maintain a solid basic.

The fiscal part , if not primarily taken care off will land us in great muddle. It is the most vital factor , which renders an equalibirium to enliven the spirit.

A little flaw, a slight over rule of the financial description , an erroneous accounting, an indulgence for over spending will pull down the curtains of sustainabilty and survival.

The revenue generated , should be wisely invested. A part of it should be spent on requirements of necessity. Another portion should be accommodated for prudent investments. The final and third accrual must be utilised for charity and for the uplift of society.

A lavish throw out on socialising, on holidaying, on attire , and on unruly pastimes will act as a precursor to doom. Our forefathers bought what was needed, took a break from the routine in a moderate account.A simple lifestyle , with all the necessities ,which provided them with excellent comforts ,marked their way of life. Credit cards were unknown. It was always cash and carry. Socializing did occur, but proceeded in a humble get together with less ostentation .

The finance of our ancestors was controlled . Their expenditure was well within their means.But we, involve in extravagance, by deriving benefits from the modern fiscal procedures ,like debit card, credit card, easy loan, mortgage loans. These instead of helping us to wade off the threat of carrying money ,wherever we go, has thrust us into a deep pool of messy debt .

Liabilities within the frame of assets is not to a problematic assignment. Neverthless debt beyond the worth indicates risky admonitions. The modern lifestyle comprises of home procured with mortgage loan, vehicles bought with car loan, accessories purchased with little down-payment , followed by monthly instalments entrap us in a puddle of debt.

Tags Finance., NaBloPoMO, World News

Economy subscriptions thoughts

A Century Soon

91 banks have been closed so far. The latest is Corus.The world is anxiously waiting for the first century. It is well within the reach.Can we anticipate a closure before the year is out, or even ahead of it?

What does these foreclosures or collapse to put the process in a rude format mean?What do they elucidate?What do they interpret?

They drive us mad. They make us panic. They move us adrift. We sail in an unknown direction. The banking regulations have exhibited a weak stricture. They have exposed a punctured dogmatic interlude. They have manipulated a distinctive deviation from the accepted purview. A sober sullenness is destined to happen, or more so has settled in the banking sphere. The mitigated suffering thrusts sarcastically as a prolapsed weird symptoms persists.

The regulators have engrossed themselves in analysing the furrows and furore that kept the banks in an unholy, unruly mess. The discrepancies that provoked the shut down of the banks reveal a great device of fault and error, a considerable procedure of deceit and derailment, a consolidated prediction of falsehood and irrationality.These annihilated anomalies assembled together to mesmerize the investor in particular , and the government at large . The former, unaware of the deformity in depth, but aware of the glamour in the apparent virtuoso , trusted the institution in full. The business was conducted in a smooth method, thus maintaining the faith of the investor intact. The government was misguided by the transactions which put forth an intrinsic valuation to the normal eye. but displayed an atrocious expungence when read in detail.

The chief executives took handsome salary, enjoyed a gusto of perquisites, experienced a sumptuous lifestyle, grabbed a solid bonus, thus filling their own exchequer at the expense of the investor’s funds. The reward was so hefty, that the public was pushed to total amazement .

A regal lifestyle, a royal upbringing, a fine texture of grandeur marked the honourable executives gallop in utmost speed. The advances were rushed through. The identification of true value customer was a shadowy deal. The crisp exchanges had a veiled formation. The sentimental significance had a manifold misuse, that led to the debacle of the established conventions.

Tags Bnaking, NaBloPoMO, World News

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A Potential Reservoir.

Earth has been a host or humans, mammals, reptiles, birds, plants ,trees and forests. Its hospitality, munificence has been grossly misinterpreted by its honourable guests. The misconception has led to a derogatory digressions,that has marred the potentiality of earth, that has siphoned the intimate intricacies of earth, that has stolen the ebullient distractions of earth, making it a mere shadow of its original self.

The strong rising against the debacle of nature’s resistance has been in force for a decade now. Its primary motto “Go Green ” has evolved an awareness , but not a violent awakening against the rusty environment.

The environment has taken a compassionate status, a miserable plight, a electrocuting assimilation. The weather has been grossly affected. If there is rain it is a severe downpour. If there is humidity, it is rudely unbearable. If there is an earthquake , it is savagely outlandish. If there is flood ,it is gluttonous swallow up. If there is fire , it is a devouring distinction. Everything is extreme . There is no moderation. There is no negotiation. All things good or bad , is the evolution of the ill treatment meted out to earth, by its insensible inhabitants.

Earth is a profound giver. She is a reservoir of exact ,powerful. possible range of productions , that keep us going.We teach a small child to express its gratefulness to anyone who show kindness to them. The word thanks has a connotation, that goes beyond the lip movements. A sense of gratitude fills the heart of the receiver, and an expression of sincere acknowledgment carries a record of appreciation , that keeps the donor in good humour. A recognition of the efforts , a nod of approval goes a long way in turning the tide in a pleasant flow.

The rash ,irrational condescension of human beings, the crude rickety dash of animals, the indifferent behaviour o reptiles, and the silly motivation of birds, has played a disturbing trigger in the displacement of the customary fixtures of Earth.

Tags Environment, NaBloPoMO

Economy subscriptions thoughts

A Golden Haven

Gold was considered as an asset , a possession of pride, a symbol of wealth and a significant proactive fortune proforma .

All that glitters is not gold, goes the maxim. But now the price of gold is far more glimmering than the metal. Its value has been jacked up. Its high price tag has not deterred the investor from procuring it. Usually an escalation brings down the demand, But , this precious metal , though quoted dear has shown an overwhelming response.A paradoxical win win situation for the yellow metal.

As the stocks went cheap, as the economy underwent a chaotic fall, as the real estate tumbled, as the manufacturing industry protracted strain, as the oil crumbled from 145$ to 44$, the golden opportunity for gold rose high . It is acclaimed as a safe and secured bet by most investors. Hence the demand is so powerful that the metal keeps on rising in its intrinsic value.

Gold is now quoted in the range of 992$ . The observers ,feel strongly that it would cross the mark of 1000$ in a few days. The wedding season in India, which is the largest purchaser of gold, is in full blossom. The Indian mindset , has not changed . They still want to deck their daughters with gold , in more forms ,such as necklace , bangles, earrings, nose rings, bracelets and anklets. This cushioning effect has given a credibility to the price inflation of the metal.

There is an old adage, I am not sure of the exact words, that money invested in gold and land will never go astray, but get multiplied in geometric progression. Two years back , gold carried a price of 50$ or even less, now it is about to breach the 1000$ mark. A jump , which cannot be believed , but it is true as we are physically witnessing the frenzied range.

Tags NaBloPoMO, World News

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A Pensive Delineation.

Letting my body relax,

Letting my eyes wander,

Letting my mind travel,

Letting my thoughts diverge,

Letting my expressions asunder,

Letting my feelings astray,

Letting my movements surrender,

I resolve on a pensive delineation.

Holding my breath tight,

Holding my perceptions close,

Holding my deliberations dear,

Holding my speech direct,

Holding my revulsions complete,

Holding my decisions steady,

Holding my fixations pointed,

I draw up a pensive delineation.

Following a righteous path,

Following a rhythmic cadence,

Following a juxtaposed idiom,

Following a reverential solidarity,

Following a focused procedure,

Following a designed proposition,

Following a defined framework,

I achieve a pensive delineation.

Tags Musings, NaBloPoMO, Poetry

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Land Of Sorrow

A country of 17508 islands ,Indonesia is the world’s largest archipelago, stretching from mainland south east Asia.It is the fourth populous country in the world.

Cikangkareng , a village about 60 miles fromJakarta, suffered a huge landslide ,after the week’s powerful earthquake in West Java.The mound of rocks and soil piled up in quick succession,that relatives find it hard to clear the debris.

The sight of pathetic dismay, unobtrusively developed into a scene of tourist attraction.People from neighbouring villages came in trucks and motor bikes to take photos of a this ghastly tragic site.

Death is a great leveller , quoths Shakespeare in his tragedy Hamlet..Even Kings are subject to death. , But , have you ever heard that Death is a great fascination. Nay , never, you shake your head vigorously . But , I firmly disagree with you.Death provokes fun, induces joy, resumes satisfaction, as professed in the landslide in a small hamlet in Indonesia.

The country is situated in the volcanic belt around the equator. It is susceptible to earthquakes on and off, and millions of people are rendered homeless, lose their lives.The people live in eternal fear, perennial apprehension, so that the joy of living is a totally absent.

Tags Disaster, Musings

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Diluted Illusions.

Illusion is a false perception of reality.A semblance, a phantasm,that exists in imagination,but which is a misconception in reality.

An illustrative narration of this kind of wishful thinking sent chill down my spine. I was terrified, and upset, once I heard the story of a ghostly apparition every day , when the clock struck twelve.

I , as a child , lived in a sprawling bungalow. with host of servants around. We were six , four boys and two girls, born one after another , in quick succession with very little intervals. We ,after school hours, were put to hard tasks of extra curriculum of music, and dance. We retired very tired, and fell asleep once we got into our bed.

Well this was our routine during school days. In summer we were sent to the beautifu hill station Of Coonoor. We were left free.We went on a trekking, and had the whole day at our disposal. The gardener there , used to keep us engaged with stories of ghosts. Every day , we sat round him to hear the intersting , horrifying episodes, while our parents were busy with their social calls. The gardener, an old man, opened out of his imagination. ,which ept us on toes.

One day , he told us of the occupant of the house down below, who died a decade back. The English man, lived in the houise all alone. At night there was a strong hooting , around his parlour. For days he could not trace the cause . One day , he kept vigil. At midnight, a stout scotsman walked down the alley with a cigar in his mouth, and a walking stick in his left hand. He opened all the doors of the house , one by one, wiht ease, went straight to the kitchen, took a large piece of a baked pie, gulped it, drank hot chocolate . He left the kitchen, with a bang, closed the door witha slam, enterd the parlour, hooted for a shiort time, then raced out of it , to the foyer,. He swiftlu passed the main entrance, locked the main door and slipped of in a hurry. The next day , it happened, the next and next, it continued, as per the timetable. The Man looked decent, educated and was in pink o his health. He was dressed in finery. The English man , got accustomed to the schdule,that he eschewed the fear romhis mind. He slept peacefully therinafter.

We were dumbfounded. All the six of us sat motionless. It was unbelievable, yet believable. It was an illusion, but got diluted by the regularity and less dicey ventures.

Tags Fantasy, Illusion, Musings, NaBloPoMO

Economy subscriptions thoughts

Interpretation Of Banking Norms

Post author By meenas17
Post date August 30, 2009
2 Comments on Interpretation Of Banking Norms

Banking and Finance is a heavy subject. Science and most recently computers, information technology have been in popular circulation , as subjects of great interest . Apart ,from being interesting , they are lucrative . The software hype has created billionaires in a short time. No wonder ,the craze for such courses is growing in supersonic speed.

Banking may seem old, but yet it is new. It has been in existence from time immemorial. It gets transformed and takes up a modern perspective ,according to the period. Its norms are altered, modified , and revoked, freshly added in respect to changing eras.

This measured ramifications render the banking subject almost new. An absolute mastery of the subject is a near impossibility.The reformations are carried out ,after thorough analysis.Committees are set up to discern ample possibilities and vivid scope that are available to promulgate vast interactive transcriptions.

The committee’s are formed ,with great care and with greater expense.It takes a minimum of three years to present its report. The conclusions are not accepted in full form. The clauses ,which get the approval of the majority of the bankers are assimilated . The balance, is shoved into the oblivion. The regulations concerning the corporates, are widely acclaimed. The strictures that deal with credit cards system also find a cordial welcome. But , that which deals with the employees , insinuates a confusion ,so that the specific recommendations centering on these issues get buried.

The interpretation of the norms, as put forth by the committee , differs from bank to bank. This contradictory readings jeopardise the customer. The Reserve Bank Of India , set up the Narasimhan Committee to give a face lit to Banking concepts. Its reports , present a rare insight on the NPA’s . Accordingly, the non performing assets ,should not find a place in the balance sheets of the banks. Banks , practised a, phenomenon,which apparently predicted a distinct distaste to their integrity. They completely cooked up accounting details. They showed in their balance sheets , that they have wiped off the non performers, by collecting their dues., which in reality , was not performed. Narasimhan Committee , firmly ordered that this insincere, fictitious proposition should not be carried out. The window dressing has led to various anomalies that extend a vast deformity and mandatory difficulties.Public sector banks in India , have come with their own definitions, which are sometimes ridiculous, but mostly very risky and erroneous.The gross default has led to a disaster unpredictable.

Tags banking and Finance., NaBloPoMO

Economy subscriptions thoughts

Goose Is Cooked.

Loopholes in accounting has led to many fraudulent practices.Window dressing of balance sheets, cooking up data’s, hiking sales,jacking up share prices are few insolent intrigues that instigate deceiving measures and disintegrating materials.

Window dressing accounts for 50% of fraud in corporates.Share prices are enhanced, its valuations are hiked ,such that promoters and top management benefit most.Downturns or recession promote an acceleration in frauds .Promoters engage in misconduct,commit frauds and they easily justify their action.When there is high profitability, smooth flourish , the mishaps are buried deep. When the essence of paucity is experienced, the irregularities are thrown open.

Loan portfolios are unequally disbursed. The top brass account a very low non performing assets thus entering into a world of notoriety.False entries are made.Fictitious inventory is maintained in production and sales. The companies pay statutory dues forgoods not manufactured.Corporates , thus lure the investors, private equities , and mutual funds , by projecting feigned systematic profit .

Forensic experts have a lucrative tenure, as most mutual funds and private equities hire them to decipher the digressions. These agencies are making tonnes of money.

Apart from the top management,there is a widespread anomaly among the employees. The procurement related fraud are surging leading to a definite leakage of funds.

Indian companies , awry of expenses, subdue the misconduct , by compelling the erring official to resign. This man gets a plum job in another company , commits the same mistake, but let free for fear of abnormal costs. This individual ,will seek job elsewhere. he will land up in a bigger company, with extended access to perform a deeper crime.

Checking their duplicate profile , then and there, will conduct a disciplined behaviour, thus instilling an undeterred confidence in the investor’s mind.

Ethic is the vital provision in business. Confidence is the enriched quality of business. Straight movement is an emphatic idiom of business.

The cooked goose idiomatically depicts hidden untold slanders and much ruptured ulcers