Headline News
From
Emerging India
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Quick Update For NRIs, PIOs & Software Professionals Staying Abroad
Issue No. 186 Evening Edition IST
Corporate World . Politics . Investment Opportunities in India
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Headline News in this issue:
- Swine flu death toll in India reaches 17
- Swine flu: Mumbai schools to be closed for 7 days
- Swine flu message to NRIs: Do remit, but do not visit
- IcySpicy: We lost our baby, says Aamir after wife's miscarriage
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SENSEX : 15,020.2 DOWN 29.2 % from 52-wk high
FOREX-Rs: USD 48.25 / EUR 68.20 / GBP 79.52
Please Note: Sept-Oct 2009 is expected to be a great period For Making Investments In India. Do Plan your investments in advance.
Do read Investment Advice for long-term investors, in this issue.
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Swine flu death toll in India reaches 17
PUNE: A 48-year-old driver died of swine flu Wednesday afternoon, as the Sassoon Hospital here registered fifth death of the day from the H1N1 virus since early morning, taking India's toll to 17.
Gautam Shelar was admitted to the hospital, which has been handling very serious cases of swine flu here, in a critical condition three-four days ago and died around 4.45 pm.
This was the sixth death in Maharashtra on Wednesday. For Pune that has recorded the highest number of H1N1 deaths in the country, Shelar was the 10th victim.Pune recorded India's first swine flu death when 14-year-old Reeda Shaikh died Aug 3.
Nita Meghani, who was admitted to the Sassoon Hospital in a critical condition four days ago, died this afternoon.
Twelve people, including two in Mumbai and one in Nashik, have died of H1N1 virus in Maharashtra.
In Mumbai's Hiranandani Hospital, two swine flu patients were in serious condition.
Earlier, a Maharashtra schoolboy succumbed to swine flu just hours after three others in the state died of the same disease on Wednesday morning, officials said.
With these deaths, the toll due to the viral infection has risen to 11 in the state and 15 in the country.
Babu Genu Kuland died in the Sassoon Hospital here at about 11am. The resident of Pimpri town, near Pune, was hospitalised three days ago in serious condition.
Another Pimpri resident, Sanjay Mistry, 35, died in Sassoon Hospital early on Wednesday. He was hospitalised Sunday in a critical condition and put on a ventilator, according to an official of the state swine flu control room.
Barely hours after Mistry succumbed to the influenza A (H1N1) infection, Shravani Deshpande, 29, died of the same disease.
Deshpande breathed her last around 3am. She had been hospitalised here three days ago with pneumonia and later found to be suffering from swine flu. She was then put on ventilator.
Rakesh Gargunde, a medico in Nashik Civil Hospital, also succumbed to swine flu around 3am.
Swine flu: Mumbai schools to be closed for 7 days
MUMBAI: All educational institutions and public places in financial capital Mumbai will be closed for a week from Thursday onwards to arrest the spread of H1N1 influenza that has claimed more than 10 lives in Maharashtra so far.
Malls and multiplexes will be shut down for three days.
"The government has ordered the closure of all schools, colleges and other educational institutions in the city from tomorrow till Aug 20. Similarly, malls, theatres and multiplexes shall be closed for three days from tomorrow as a precaution," a state government official said.
Many private schools in the state have already closed down for two days -- Wednesday and Thursday. Thereafter, Friday, Saturday and Sunday are already official holidays. However, there was confusion over the fate of other business and commercial establishments and whether they would continue to function as usual in the city.
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Swine flu message to NRIs: Do remit, but do not visit
Thiruvananthapuram: No one is yet telling NRI family members not to come home this holiday season. That would be cruel to the overseas breadwinners who keep the fires burning back home.
But with the spread of the swine flu, apparently being carried by NRIs in significant numbers, the message to them could well be: Do remit, but do not visit.
For a state like Kerala that is a beneficiary of copious amounts of remittances, it is a piquant situation. It happens to be school vacation time in many countries where Keralites abound, like the Middle East and the UK, and the expats are flowing into the state for their annual holiday break. And the first A(H1N1)-related casualty in the state happens to be a youth who had until recently been in the Gulf.
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IcySpicy
We lost our baby, says Aamir after wife's miscarriage
Bollywood superstar Aamir Khan's wife Kiran Rao has suffered a miscarriage, the actor disclosed on his blog.
"I have bad news folks. Kiran and I lost our baby. Despite our best efforts we were unable to avert a miscarriage," the actor wrote in his blog.
"The last two months have been a struggle for us and that is one of the reasons I was absent from the blog in more ways than one. K (Kiran) and I need time to heal. I will be away for a while," Aamir wrote.
The news of Kiran's pregnancy became public in June this year when she was admitted to Breach Candy Hospital.
Aamir has two children -- son Junaid and daughter Era -- with former wife Reena. The couple divorced in 2002 after a marriage of over 15-years.
Khan married Kiran Rao in 2005. The actor met Rao during the shooting of 'Lagaan' in 2001. Rao was working as the assistant director to Ashutosh Gowariker.
http://www.indianexpress.com/news/we-lost-our-baby-says-aamir-after-wifes-miscarriage/501185/
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END OF THE DAY STATUS OF THE STOCK MARKET:
Sensex went down by 0.4 % today.
SENSEX : 15,020.2 (-0.40%) NIFTY: 4,457.5 (-0.30%)
DOWN..29.2 % from 21,206.77 the 52-week high of SENSEX
UP...........95.1 % from 7,697.39 the 52-week low of SENSEX
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Investment & Wealth Creation Advice:
Please note that our advice is primarily for investors and not for speculators. Investors typically invest with 12-60 month investment perspective. You will therefore find that our advice does not change substantially from issue to issue.
We expect Sensex to come down to about 11,000 level in the next couple of months. We expect Sept-Oct 09 period to be a very good period for making investments in good BSE/NSE index-stocks / mutual funds in India. So, do plan your investments in advance. Do systematic investment (SIP) during these 2 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 1-2 quarters.
Do consult your investment advisor before making any investment decisions.
Do not purchase shares of a good company at a wrong (high) price. Also, do not purchase shares of a bad company even at a very low price.
Do not put all your eggs in one basket. Diversify your portfolio to de-risk. Do not put more than 33% of your investible funds in stocks and/or mutual funds. Put 33% in Fixed-Interest instruments and the remaining 33% in real estate when real estate prices are low.
Do not invest in stocks, mutual funds or realty when their prices are quite high. From the high levels, these prices normally come down by about 40-50% and that is when many people lose their hard earned money in a big way.
Make sure that you are not one of those big losers.
Make sure that you invest when prices are low (and that is the case in 2009) and divest when prices are high (which will be the case in Q1-2011).
Please note that Sept-Oct 2009 is expected to be a great period for investing your money in stocks & mutual funds in India.
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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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