PADANIYA - The time is always right to do what is right

President Barack Obama has said that he does not want US companies to look for skilled and educated workers in India and China in fields like engineering, technology and science. To prevent that, Obama said, he wants to give the school and teachers the resources they need to train and educated students in the US. http://profit.ndtv.com/News/Article/don-t-hire-workers-from-india-china-obama-to-us-firms-297843?pfrom=home-business

New Delhi: Headline inflation fell to an over two-year low of 6.55 percent in January on cheaper food items, which may prompt the Reserve Bank to cut policy rates in the coming months. Headline inflation, as measured by the Wholesale Price Index (WPI), had stood at 7.47 percent in December 2011. It was 9.47 percent in January last year. The latest numbers are the lowest since December 2009 when headline inflation was at 7.15 percent. On inflation, Finance Minister Pranab Mukherjee said that the rate of price rise was still not at an acceptable level and should fall further. "I think it (inflation) should be further reduced since it is still not at acceptable level. I do hope (further) moderation will come," Mukherjee told reporters.

NEW DELHI, Feb 10 (Reuters) - Indian industrial production growth slowed sharply in December, its slowest pace in two months, adding to pressure on the central bank to start cutting interest rates to help stimulate an economy that is headed for its slowest growth in three years. Output from India's factories, mines and utilities increased a lower-than-expected 1.8 percent in the month from a year earlier, government data showed on Friday. Analysts on average had expected a rise of 3.4 percent, a Reuters poll showed. The December figure compares with November's increase of 5.95 percent. http://www.reuters.com/article/2012/02/10/india-economy-output-idUSL4E8DA19A20120210

Nokia Oyj , the world’s largest maker of mobile phones, will cut about 4,000 jobs in its factories in Hungary,  Mexico  and Finland to speed up the delivery of devices and get closer to suppliers.

Market regulator  Sebi  has decided to share with the Ministry of Corporate Affairs the names of over 500 companies, which have garnered money from investors in violation of its  Collective Investment Scheme  (CIS) rules. Sebi would also give the names of the directors of such entities to the MCA, so that necessary actions can be taken to prevent these companies and persons from being associated with any new company, a senior official said.

The Securities and Exchange Board of India (Sebi) may not relax the ‘know your customer’ (KYC) norms for qualified foreign investors (QFIs) for investing in domestic mutual fund industry. Last month, industry chief executives had requested for a relaxation after witnessing no inflows even after five months of the measures taken in August last year. http://www.business-standard.com/india/news/sebi-may-not-relax-norms-for-foreign-investors-in-mutual-funds/462730/

NIFTY TREND for short term is down.(my view :Bullish in 2012).Lets all investor,traders gain with no pain in 2012.. Happy new year,Happy Investing....!! 

Wishing All Happy new Year 2012. with Love and prayers Padaniya Family

  Systematic Investment Plan is, as the name suggests, regular investment where you invest fixed amounts every month in any of the funds. SIP is a means of investing in a disciplined manner irrespective of the state of the market.

 "How derivative works!!" Gordon was the proprietor of a bar in Glasgow ... He realizes that virtually all of his customers are unemployed alcoholics and, as such, can no longer afford to patronise his bar.

ON  THE Occassion Of  H H The AGAKHAN 75th Birthday.R H Power,R H Financials whole Team wishes all Ismailis Khushiyali Mubarak .May All Be BLess with Love ,hapiness,Peace and Unity. R H POWER / R H FINANCIALS .   Visit http://www.padaniya.in/   Mail us at rhpower@gmail.com

PARIS: The European single currency could break up and Europe itself unravel if political leaders fail to tackle the region's debt crisis, France's minister for European affairs warned Thursday. "The situation is serious... the euro can explode and Europe unravel", Jean Leonetti told France's Canal Plus television, hours ahead of what is being seen as a crucial European summit on the issue in Brussels.