what is happening at dubai now

Dubai World, a government investment company, which is having debts totaling around $60 billion, has asked creditors to postpone its forthcoming payments until May. This move by Dubai World has caused fears of a potential default and panic among the global financial system, particularly in banks and emerging markets. Weakness is also attributed to the continuing slide in the dollar, which earlier fell to a 14-year low against the yen.

Dubai’s debt reschedule has cast a shadow on the world, pulling down all the markets from Sydney to Sao Paulo.Markets across Asia and Europe crashed on Friday by fears of fresh financial trouble, threatening to derail the global recovery and holding huge ramifications for India.

For India, which has lakhs of its citizens living and working in Dubai, the concerns are pretty much clear - job losses and sharply reduced trade. Many Indian companies, particularly in the Infra and Realty sectors which could possibly be hit are Nagarjuna Construction, Larsen & Toubro, Voltas ,Bank of Baroda,SpiceJet and Aban Offshore.



courtesy master and student

HOW WAS THE MARKET

Markets (Nov 23)
Nifty (at close) 5,103.55 (+51.10)
US Dollar (Buy/Sell) 46.47/48
Brent crude (a bbl) Rs 3,575
Gold (a gram) Rs 1,642
Silver (a kg) Rs 29,985

Markets (Nov 26)
Nifty (at close) 5,005.55 (-102.60)
US Dollar (Buy/Sell) 46.44/45
Brent crude (a bbl) Rs 3,603
Gold (a gram) Rs 1,675
Silver (a kg) Rs 30,010

Markets (Nov 27)
Nifty (at close) 4,941.75 (-63.80)
US Dollar (Buy/Sell) 46.64/65
Brent crude (a bbl) Rs 3,533
Gold (a gram) Rs 1,649
Silver (a kg) Rs 29,200


gold nosedived due dubai market crash in gold price today

maa and paa

amitabh bachhan who is famous for his dialogue of his yesterday film in which he will say
mera paas maa hai is now acting in a film called "PAA"
shall we say mera paas PAA hai
Amitabh Bachchan has shown us that he is always open to fantastic and often quirky roles.

His latest film Paa is proof of this.

His character Auro suffers from progeria, a rare disease in which the child ages rapidly. So Amitabh ironically plays son to his real life son Abhishek.

The film is directed by R Balki, who gave the actor another role interesting role in their previous film, Cheeni Kum.

Here is Amitabh's look in the film. What do you think about it? Write in your views!

trick or treat

Pepsi Halloween Cans

Pepsi Limited Edition Halloween Cans

There are the three new limited edition can designs pepsi has cooked up for Halloween. They used their logo to dress up the cans and rename them pepsi max growl, pepsi boo and diet pepsi ghost. All three are gonna be available at Wal-Mart for the Halloween season.

STUNNING ART SHOW

RECENTLY I CHANCED TO VISIT THIS GREAT SITE
http://kalalayaa-artclub.blogspot.com/2009/08/how-to-do-leaf-painting.html
STUNNING IS THE WORD
VISIT THIS GREAT SITE N ENJOY

MICROSOFT MUSIC

HAPPY DIWALI

wishing one and all a very happy diwali

obama wins nobel peace prize

President Barack Obama speaks about winning the Nobel Peace Prize on Oct. 9, 2009, in the Rose Garden of the White House in Washington.
obama wins nobel peace prize

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