Sunday, January 4, 2009









Headline News
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From
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Emerging India
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Hand-picked News For Busy NRIs & PIOs
Issue No. 116 Evening Edition IST
Corporate World . Politics . Investment Opportunities in India
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Headline News in this issue:
  • Chidambaram to take 26/11 evidence to US
  • Cold wave claims 32 in North
  • Tourists throng India
  • President’s pay trebled
  • A researcher of Indian origin identifies a gene
  • IcySpicy: ‘A girl doesn’t look for six-packs in men’ – Katrina Kaif

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SENSEX: 9,958.2 DOWN 53.0 % from 52-wk high

FOREX-Rs: USD 48.87 / EUR 67.79 / GBP 71.62

Do read Investment Advice for long-term investors in this issue.

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Chidambaram to take 26/11 evidence to US (TOI,Mum,04Jan09,Pg1)

Dossier To Be Sent To World Capitals In Diplomatic Push

As part of India’s diplomatic efforts to put pressure on Pakistan to act against the terrorists operating from its territory, home minister P Chidambaram will travel to the US next week with a dossier of evidence of the involvement of Pakistani terrorists in the Mumbai attacks.

India also plans to give the dossier to China, the UK and other key countries to show Pakistan’s complicity in the 26/11 attacks. The dossier will be given to Islamabad as well.

10 succumb to cold in North (TOI,Mum,04Jan09,Pg9)
Fog Clouds IGI, 30 Flights Cancelled And 150 Delayed

At least ten people succumbed to extreme cold weather-related conditions on Saturday, as the mercury dipped further across north India due to western disturbance over Pakistan and adjoining areas.

Cold wave claims 22 lives in Bihar

At least 22 people have died in Bihar in the past two days as temperatures dipped drastically due to an intense cold wave sweeping the plains of north India.

President’s pay trebled (TOI,Mum,04Jan09,Pg1)

President Pratibha Patil has cleared a law that will give her a threefold hike in salary, taking it to Rs 1.5 lakh from Rs 50,000 a month. Another law hiking the salary of the Vice President to Rs 1.25 lakh from Rs 40,000 also got nod.

Gene that predicts heart attack identified by a researcher of Indian origin (TOI,Mum,04Jan09,Pg13)

An Indian-origin researcher at Duke University Medical School in North Carolina has announced the identification of a gene or marker which is associated with early hardening of the arteries. Millions of people under-40 worldwide suffer without knowing from early coronary artery disease, which in many cases leads to heart attacks in later life. Now, Svati Shah and her colleagues believe they have pinpointed the gene that can help predict in advance whether someone is at increased risk.

For news in detail, visit The Times of India ePaper

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TOURISTS THRONG INDIA (ET,Mum,04Jan09,Pg1)

THE TOURISM and hospitality industries have reason to cheer. Far from going on the back-foot over the global meltdown and terror attacks in Mumbai, foreigners travelling to India are not changing their tour itinerary. According to initial figures prepared by the ministry of tourism, there has been a 6-8% jump in foreign tourist arrivals in 2008 over 2007. Last year, tourist arrivals to the country were 5.3 million as compared to 5.08 million in 2007. A MoT official said forex earnings from this sector also showed a growth of 8% at $11.5 billion in 2008.

For news in detail, visit The Economic Times ePaper

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IcySpicy

‘A girl doesn’t look for six-packs in men’ (BT,Mum,04Jan09,Pg1)
... but kindness and charm, says Katrina Kaif in a hot chat about Salman, Akshay and SRK

SOS friends! Hurricane Katrina is here. Sweeping through hearts of men, women and youth alike. She’s the storm and she’s the siren.

Yes! Katz is making mercury rise like never before – with hot films, a soaring fan following and an army of young supporters that are making the hottie a formidable storm to weather. No wonder I wore my shining armour and decided to chat with this vibrant, sassy, beautiful lass with the incredible smile about Salman, SRK and more. But I came away feeling (and smiling) like Akshay Kumar in Welcome — in need of rescuing by a sensitive Cancerian beauty.

So Katz, your P.S. to success is already being written — criticism … now people say you look ‘too perfect’!

• Frankly, I feel a little imperfection makes for an almost perfect face, like Madhubala and Madhuri who look so charming and real. I think someone like Claudia Schiffer looks too perfect, while Cindy Crawford’s small imperfections make her more likeable.

Hey now! Aishwarya is considered a ‘perfect’ beauty...

• I think Aishwarya is extremely talented. I like the way she conducts herself. I enjoy her movies and I think she is an icon of Indian cinema. I think Aishwarya is cool.

Your Dubai tour with SRK was a big success. However we’re second-guessing about your dosti with King Khan himself?

• I have a very high respect for him, though I don’t know him very well. He’s a big star and I was delighted he came for my party. He speaks very little and is extremely polite, shy and charming. Since I’ve not done any movies with him, I guess it’ll take me a while to get to know him; unlike Akshay with whom I have done four movies and share an incredible rapport.

Akki-pairing equals lucky-pairing, right?

• Yes! We’ve been very lucky together. Akshay Kumar is a fantastic co-star. He’s been one of the best actors to learn from; and the best thing is that he’s so humble and down-to-earth. With greater success he’s changed even more positively. I have an amazing comfort level with him.

And what of your beautiful relationship with Salman?

• What can I say about Salman? I’ve known him forever. He’s one of the most generous human beings I’ve met. I take his advice for everything. He either likes you or you don’t exist for him. I’m a private person who believes in keeping my innermost feelings away from public view. Salman shows whatever he wants to; but he has a heart of gold.

And who has the best male physique today?

• If I want to be politically correct I can say all our heroes have good bodies today. Everyone looks good because all of them work hard on their bodies. One of the first was Salman. And it is always tough to maintain a good body for so long. Akshay also has one of the finest lean and tough bodies. Aamir has developed a great physique. This is remarkable because it’s tougher to build such a body and maintain it after a certain age.

But, frankly, what a girl looks for in a man are not his sixpacks, his looks, or his age difference – it’s just his kindness and his charm that win women over.

For news in detail, do visit Bombay Times ePaper

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END OF THE DAY STATUS OF THE STOCK MARKET:

Sensex went up by 0.6 % today.

SENSEX: 9,958.2 (+0.6%) NIFTY: 3,046.8 (+0.4%)

DOWN..53.0 % from 21,26.77 the 52-week high of SENSEX

UP...........16.2 % from 12,514.02 the 52-week low of SENSEX


Investment & Wealth Creation Advice:

Please note that our advice is primarily for investors and not for speculators. You will therefore find that our advices do not change substantially from issue to issue. Investors typically invest with 12-60 month investment perspective.

We expect the Sensex to go up by about thousand points in the next couple of weeks. However, we expect it to come down to 7000-8000 level in 2009.

Some of you may like to book profit or exit some stocks in the next couple of weeks as the market is expected to fall substantially in a couple of months.

Also, those who want to invest in realty in India should wait for some time as the flat and land prices are expected to come down substantially in the next 3-4 quarters.

Do consult your investment advisor before making any investment decisions.

Do not purchase shares of a good company at a wrong price. Also, do not purchase shares of a bad company even at a very low price.

Click here to display NSE CNX NIFTY Chart

Disclaimer: Please make all your investments after taking expert advice. NRI.NewsIndia will not be responsible for losses, if any, incurred by you. Through NRI.NewsIndia, we are only making you aware of the investment opportunities in India at a broad level.

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