Priyanka's gesture

Riynka Chopra are very emotional. - Small things to heart fit. Those who know him closely say the same. Now someone has come again to her heart beating. Priyanka's Diwali actually wrote something in your Twitter .. What should be the ones who hate others? They do enjoy going to cause trouble? What gives? .. And so on. Now people are wondering what happened to Priyanka. His rival Katrina Kaif, Bipasha Basu and Kareena Kapoor are busy in your life. While Shahid Kapoor are holidaying. Who ..? If the answer better than Priyanka.

Five new faces in squad

Sachin Tendulkar, Virender Sehwag, Yuvraj Singh and Ishant Sharma has been recalled to the squad after recovering from injuries. They did not play in ODI series against England.has not been tampered.Besides, Rahane is the new face in the team in the ODI series against England has been the reward of good performance. Rahane as the reserve opener Murali Vijay and Abhinav Mukund have been seeded. BCCI secretary Sanjay Jagdale the team announced today the eight specialist batsmen, three pacers, three spinners and a wicketkeeper-batsman as captain Dhoni has been placed.

Syed Mushtaq Ali Trophy after recovering from a shoulder injury recently and who returned to Sehwag, Gautam Gambhir, who tied the knot today will open the innings while Rahul Dravid, Tendulkar, VVS Laxman and Yuvraj Singh will be the responsibility on the shoulders of middle order.Ashwin and Rahul Sharma similar in the spin department, or any one of the two ensures the opportunity to play the first Test at Kotla.Selectors instead of his ten wicket-taker in the ODI series Ashwin, left-arm spinner Pragyan Ojha and leg-spinner has expressed confidence on Rahul. The team went on tour with the England leg-spinner Amit Mishra has been out. Squad: - Mahendra Singh Dhoni [captain], Virender Sehwag, Gautam Gambhir, Rahul Dravid, Sachin Tendulkar, VVS Laxman, Yuvraj Singh, Virat Kohli, Ajinkya Rahane, Ravichandran Ashwin, Rahul Sharma, Pragyan Ojha, Ishant Sharma, Varun Aaron and Umesh Yadav.

World stocks mixed ahead of EU

Asian stocks surged Tuesday but shares in Europe hit a snag as hopes that the continent is ready to resolve its sovereign debt crisis once and for all began to fade.

Oil prices hovered below $85 a barrel while the dollar strengthened against the euro but slipped against the yen.
European shares fell in early trading, as jittery markets awaited a vote by Slovakia's government to approve the expansion of the European Union's bailout fund for strapped governments. Slovakia is the only country out of 17 nations using the euro that has yet to approve the measure.
Britain's FTSE 100 fell 0.7 percent to 5,363.44. Germany's DAX lost 0.6 percent to 5,811.09 and France's CAC-40 slid 1 percent at 3,131.27.
Wall Street was also set to fall. Dow Jones industrial futures fell 0.4 percent to 11,325 and S&P futures dropped 0.5 percent to 1,185.10.
Asian shares ended the day higher, boosted by a pledge by European leaders over the weekend to protect the region's banks from the debt crisis — and by Beijing's move to buy shares of major Chinese lenders.
Japan's Nikkei rose 2 percent to close at 8,773.68. Hong Kong's Hang Seng shot up 2.4 percent to 18,141.59. South Korea's Kospi rose 1.6 percent to 1,795.02, and Australia's S&P/ASX 200 added 0.6 percent to 4,227.60.
China's Shanghai Composite Index rose 0.2 percent to 2,348.52, a day after a government investment fund announced it had bought shares in major banks, helping to bolster the country's sagging stock market.
China's four biggest state banks soared after Central Huijin Investment Ltd., an arm of the sovereign wealth fund China Investment Corp., said late Monday that it bought shares in the Industrial & Commercial Bank of China, Agricultural Bank of China, Bank of China and China Construction Bank and that it would continue its market-support operations. It didn't say how many shares it had purchased.
The banks' Hong Kong-listed shares showed significant gains. ICBC climbed 6.7 percent, Agricultural Bank shot up 12.8 percent, Bank of China gained 7.7 percent and China Construction Bank added 5.8 percent.
Stocks markets on Monday were rejuvenated by signs that Europe was preparing serious steps to provide banks with the capital cushions necessary to withstand a possible debt default by Greece. Investors have been worried that European leaders weren't moving quickly enough.
German Chancellor Angela Merkel and French President Nicolas Sarkozy said Sunday that they would finalize a comprehensive response to the debt crisis by the end of the month.
But no details of the plan were released, and analysts cautioned against being too hopeful that a simple solution free of pain to financial institutions, investors or governments was imminent.
"Ultimately, we have to see something concrete from the European Union before we are more comfortable," said Derek Cheung, chief investment officer at Neutron INV Partners Ltd. in Hong Kong. Current market gains are simply "short-term excitement."
A default could cause the value of Greek bonds held by European banks to plunge, hurting their balance sheets. U.S. banks would also be affected if Greece goes through a messy default, since they own Greek bonds and also have close ties to European banks.
In Tokyo, a pause in the yen's appreciation against the euro helped export shares, Kyodo news agency reported, citing stock traders. Honda Motor Corp. jumped 5.5 percent while electronics giants Sony Corp. and Sharp Corp. rose 5.7 percent and 4.5 percent respectively.
Among the most active shares on South Korea's Kospi were Dongyang Steel Pipe Co., up 2.8 percent; and Samyang Optics, up 7.5 percent. Steel giant POSCO rose 2.9 percent.
The gains in Asia followed a strong rally on Wall Street on Monday.
The Dow Jones industrial average soared 330 points, or 3 percent, its biggest one-day gain since Aug. 11. The Dow closed at 11,433.18 — the highest since Sept. 16. The Standard & Poor's 500 index rose 3.4 percent to 1,194.89, while the Nasdaq composite index rose 3.4 percent to 2,566.05.
Benchmark crude for November delivery was down 54 cents at $84.86 a barrel in electronic trading on the New York Mercantile Exchange. The contract rose $2.43 to settle at $85.41 in New York on Monday.
Brent crude was down $1.30 at $105.35 a barrel on the ICE Futures Exchange in London.
In currencies, the euro fell to $1.3621 from $1.3650 late Monday in New York. The dollar fell slightly to 76.67 from 76.69 yen.

RASCALS dominat

As we had predicted and expected, the Sanjay Dutt, Ajay Devgn and Kangna Ranaut starrer, RASCALS, has embarked upon the best ever 'Dussehra' opening day. As per early estimates the film has netted anything from 7-8 crores on Thursday.

The other two releases of the week, LOVE BREAKUPS ZINDAGI and SOUNDTRACK (which released on the usual Friday), have decent to dull starts to show for their effort.
Meanwhile Vipul Shah's FORCE, which released last week, has netted around 23-24 crores during the opening week, the best ever for a solo John Abraham starrer.
While on the older releases, Pankaj Kapur's Shahid-Sonam starrer, MAUSAM, has crashed badly in the second week and will find it difficult, if not impossible, to be a coverage fare, even if we take the non theatrical rights into account.

Midcaps:Broader markets

Indian stock market indices are trading in the green after opening the trade on a weak note. Stocks from the consumer durables and capital goods space are leading the pack of gainers. However, PSU and Power stocks are the top losers.

The BSE-Sensex is trading up by 11 points and NSE-Nifty is trading up by 4 points. BSE Mid Cap and BSE Small Cap indices are trading higher by 0.6% and 0.3% respectively. The rupee is trading at 49.12 to the US dollar.
Pharma stocks are trading firm led by Ranbaxy Labs and Orchid Chemicals. According to a leading financial daily, Wockhardt has informed the Bombay high court that it would clear all its dues to the bondholders amounting to Rs 3.58 bn. This amount is inclusive of interest and installments. The pharma company is expected to submit a detailed repayment plan to the court soon. It may be recollected that a Singapore based hedge fund QVT Financial LP along with an overseas unit of Sun Pharma had filed a petition against Wockhardt for nonpayment of the due amount. Earlier this month, the high court had asked Wockhardt to give a timeline regarding repaying the Foreign Currency Convertible Bonds (FCCB) bondholders.
Aluminium stocks are trading in the red. Hindalco is the biggest loser while Nalco is the biggest gainer. According to a leading financial daily, state run National Aluminium Company (Nalco) is planning to diversify into nuclear power generation. The company will invest Rs 114.4 bn jointly with Nuclear Power Corporation of India in the project. The company has already identified Kakarapar Atomic Power Station (KAPS) project for development. The recommendation for the investment is under consideration by the government. Nalco is also planning to set up a smelter and power project in Indonesia due to availability of good quality coal at economic prices. Two coal mining firms have been identified for long term arrangement for sourcing coal for the planned project.

MFs as equity markets bleed

Being enveloped with downbeat global economic news, Indian equity markets have corrected by good -12.8% in the present quarter (i.e. from July 1, 2011 to September 22, 2011) and 22.1% since the last high 21,004.96 – made on the November 5, 2011 (the Muhurat Trading Day). The backdrop of following global economic events has literally sends shivers down the spine of several investors – both in Developed Markets (DMs) as well as Emerging Markets (EMs).

Debt overhang situation in the Euro zone
Downgrade of Greece’s sovereign rating from “Caa1” to “Ca” by Moody’s
Downgrade of Italy’s sovereign rating from "A+/A-1+" to "A/A-1".
Downgrade of U.S. sovereign rating from ‘AAA’ to ‘AA+’ with a negative outlook [due to increase in debt-ceiling limit to U.S $16.4 trillion, in midst of dismal economic growth rate (last quarter i.e. April 2011 to June 2011, GDP growth rate was mere 1.00%) and rising unemployment rate (9.1% in August 2011)].
Accentuating inflationary pressures in the Emerging Market Economies (EMEs), including India
But rather than pressing the panic button and following the herd mentality; if we look at India specific economic dynamics, realisation would dawn that the GDP growth rate offered by India is far more appealing than in DMs.
Health of India’s economy
(Source: CSO, PersonalFN Research)
Yes, we have contracted to 7.7% in Q1FY2011-12 as RBI’s has maintained its anti-inflationary stance (of increasing policy rates) to tame inflation. But, the stance followed by RBI are indeed needed when most EMs are facing the brunt of rising in commodity prices. Corporate Advance tax numbers even though they have dwindled to 9.9% in Q2 FY2011-12 as against 19.0% in Q1FY2011-12 (due to brunt of rising interest rates), the long-term corporate earnings for companies with good management look fairly sustainable – especially if we consider the strong consumption theme and well-regulated banking and financial services sector. Moreover, going forward if FDI is encouraged (by building suitable infrastructure), it would further provide thrust to India’s economic progress. We believe that an economic growth rate of over 6.0%-6.5% (on an average) is good to attract foreign flows.
As far as the depreciation in the Indian rupee is concerned, it would be a short-term phenomenon given low confidence. The U.S. Dollar would depreciate going forward given the economic problems heaping there along with near to zero interest rate regime prevailing there.
What should investors do?
Hence taking a holistic view of the aforementioned global and domestic economic factors we encourage you investors to participate in the Indian equity markets, and avail of the present reasonable valuations. However, since we may see the aforementioned global economic headwinds unfolding, staggering your investments would be an appropriate approach. We recommend that you invest in diversified equity funds as this will help reduce risk (however one needs to stay away from U.S. or Euro oriented offshore funds in such a scenario). You may get defensive and invest in value style funds (as fund managers may percieve good value buying in these corrrective phases on the equity markets) and also large cap funds. It would be prudent to opt for the SIP (Systematic Investment Plan) mode of investing as this will help you to manage the volatility of the equity markets well (through rupee-cost averaging) and also provide your investments with the power of compounding.
Remember, while investing select only those equity funds which follow strong investment processes and systems, and invest with a long-term horizon of at least 5 years.
Safeguarding aganst, the downbeat economic factors gold is likely to be bolder going forward. As long as worries of soverign debt crisis prevail, gold would continue its north-bound journey. Moreover, the precious yellow metal would act as an hedge against rising cost of living as well. At Personal FN, we recommend that you should have a minimum of 5%-10% allocation to gold. Invest in gold with a long term perspective with a time horizon of 10 to 20 years.
By PersonalFN: PersonalFN has been providing independent and unbiased research on Mutual funds, Insurance, Fixed Income instruments in India and Gold since 1999. It provides premium mutual fund research and financial planning solutions to individuals

Cloak Can Hide Objects

A new kind of cloaking material that can render objects invisible in the terahertz range has been developed at Northwestern University.

Though this design can't translate into an invisibility cloak for the visible spectrum, it could have implications in diagnostics, security, and communication.
The cloak, designed by Cheng Sun, assistant professor of mechanical engineering at Northwestern's McCormick School of Engineering and Applied Science, uses micro fabricated gradient-index materials to manipulate the reflection and refraction of light.
In order to manipulate light in the terahertz frequency, which lies between infrared and microwaves, Sun and his group developed metamaterials: materials that are designed at the atomic level.
Sun's tiny, prism-shaped cloaking structure, less than 10 millimetres long, was created using a technique called electronic transfer microstereolithography, where researchers use a data projector to project an image on a liquid polymer, then use light to transform the liquid layer into a thin solid layer.
Sun said the purpose of the cloak is not to hide items but to get a better understanding of how to design materials that can manipulate light propagation.
"This demonstrates that we have the freedom to design materials that can change the refraction index. By doing this we can manipulate light propagation much more effectively," he added.

Challenge Of T-Mobile Deal

AT&T Inc and T-Mobile USA fought back against the Justice Department's challenge to their proposed merger, arguing the deal would "usher in more intense competition."

AT&T and T-Mobile, owned by Deutsche Telekom AG, argued in a federal court filing on Friday that the massive $39 billion deal would free up spectrum and create new capacity for Americans whose mobile devices are transmitting increasingly large amounts of data.
"The Justice Department's complaint fails to come to grips with the significant efficiencies this transaction will generate," the companies said in their filing.
In the brief, AT&T asked the court to allow its purchase of T-Mobile to go forward and to require the Justice Department to pay its costs in the challenge.
The Justice Department filed a lawsuit aimed at stopping the deal last week, saying the acquisition of T-Mobile USA, the No. 4 carrier, by AT&T, the No. 2, would harm competition in the wireless market and lead to higher prices.
The department, in particular, seemed determined to preserve T-Mobile as an innovative, discount carrier that held down wireless prices.
Responding to that concern, AT&T said "T-Mobile is not a unique or material competitive constraint on AT&T."
"T-Mobile has not been a meaningful or unique innovator in terms of network development and deployment, nor is it likely to become one in the foreseeable future," AT&T said in the filing with the U.S. District Court for the District of Columbia.
The deal partners took issue with the Justice Department's review of the effect of the merger on a national basis instead of on a local basis. They argued that more than 90 percent of U.S. consumers currently have at least five wireless carriers to choose from in their local markets.
They also disputed the method the Justice Department used to analyze the deal, saying it was too simplistic.
If the merger goes through, AT&T will unseat Verizon Wireless as the No. 1 U.S. mobile carrier. Verizon Wireless is a venture of Verizon Communications Inc and Vodafone Group Plc.
"We continue to believe this transaction as currently proposed is anti-competitive and harmful to consumers," Justice Department Spokesperson Gina Talamona said. "We will respond further in our court filing."
The lawsuit is the biggest antitrust challenge yet by the Obama administration.