Indians in 'send' mode as Dh1 gets Rs12.90

Indians in 'send' mode as Dh1 gets Rs12.90

Rupee at two-year low after drop for third day in a row

The Indian rupee breached the 13 barrier against the dollar-linked UAE dirham as the rupee’s alarming slide continued unabated – reaching its lowest for two years this morning.

The last time rupee breached 13 was in September 2009.

The value of rupee which has been sliding for over a week against the US dollar fell by 34 paise this morning breaking past the 48 to a US dollar mark.

The rate of exchange at currency and exchange houses in Dubai varied from 13.01-13.05 for the dirham to rupee. But by evening it has recoivered some ground to Rs12.90 to a dirham.

Many Indians living in the Gulf usually wait for the best exchange rate to send money home.
“This is the best I can get during the last 24 months. I have a savings of around Dh40,000 and it will be sent today,” said Johny K a manager in a Dubai based company.

The rupee’s slide began on Monday when it hit 12.80, moving down to 12.90 yesterday and today breaching 13.

The eurozone’s troubles, courtesy Greece, affecting the euro’s value against the US dollar is the reason for the rupee’s slide.

Money exchange agencies in the UAE have been experiencing high volume remittances by non-resident Indians and now expect the numbers to increase further.

“This morning it crossed to 13.05 against the dirham,” said M Madhusoodanan, Branch head Ghusais UAE exchange.

Sobia Rahman, Regional Vice-President for the Gulf, Pakistan and Afghanistan, Western Union, told Emirates 24|7 that it is quite natural for expatriates in the gulf to increase their remittance when they get better a better exchange rate.

“It all depends on the sender. There are the low income workers who who send on a regular basis and would have already sent remitted their monthly savings. They have a regular timetable and a fixed amount. At the most they may hold off  for a day of two,” she said.

On the other hand she says those with better earnings and regular savings here might think of using this opportunity to remit all their savings to make use of the better rates. “That is what we will be witnessing during the next two days,” she added.

The Reserve Bank of India yesterday said that it will not intervene in the foreign exchange market.

Reports quoted RBI Deputy Governor Anand Sinha as saying that the bank would address volatility and not the level unless the situation gets really worse.

Planning Commission Deputy Chairman Montek Singh Ahluwalia also said that the rupee should move according to market conditions.

 

Who will Win Today?

 

India v Pakistan
Published : March 30, 2011 | Author : Maulik Bhatt
World Cup Cricket Match Predictions   Date : 30th Mar 2011, Time 09:00 GMT | 14:30 IST  Match : 2nd Semi Final India v Pakistan   Venue: Punjab Cricket Association Stadium, Mohali, Chandigarh Predictions   Cricket Match Toss Predictions India: 49 Pakistan: 51   Cricket Match Results Predictions India: 51 Pakistan: 49

 

 

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NRIs: update info or bank account frozen

NRIs: update info or bank account frozen

30 days being given by banks in India to receive updates from Indian expats

Published Sunday, March 27, 2011

Non-resident Indians have been warned that they will have their bank account in India frozen if they fail to update their personal details with their bank. (FILE)

Non-resident Indians (NRIs) have been warned that they will have their bank account in India frozen if they  fail to update their personal details with their bank.
 
In an email sent by HDFC Bank to its NRI customers, the bank said: “As per RBI [Reserve Bank of India]  guidelines, banks are required to periodically update customer identification documents, including photographs. Therefore, we request you to complete and submit the know your customer [KYC] documents listed  below along with a duly filled customer update form.”
 
An NRI has to submit his current passport and visa copy, address proof (Indian or overseas address,  whichever is available), a recent passport-sized photograph along with the customer update form.
 
The bank adds: “The above documents need to be submitted within 30 days of date of this intimation. The bank  reserves the option to freeze the account in case of non-submission of the said documents.”
 
S Madhu, who works as a manger in a real estate company, told Emirates 24|7: “I have two NRE accounts.  Yesterday I got this email and fortunately I opened to read it… they have asked me to update my details and  failure could result in bank freezing my account.”

 

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Brutal Taylor makes Pakistan pay

The Bulletin by George Binoy

March 8, 2011

50 overs New Zealand 302 for 7 (Taylor 131, Guptill 57) v Pakistan
The crowds that travelled through the hills to watch the first one-day international in Pallekele were first treated to cricket's adaptation of The Comedy of Errors, with Kamran Akmal playing the lead and Shoaib Akhtar in a strong supporting role, and then to a gory massacre. Pakistan were so comically incompetent that they allowed New Zealand, who had to endure the tragic struggle of Jamie How, to build a satisfactory platform from which Ross Taylor launched an assault so brutal that Pakistan were gutted and unable to defend themselves by the end of the innings.

A stronger opponent would have made Pakistan regret the glut of extras and dropped catches much earlier but New Zealand's batsmen did not dominate the bowling until the end. And then they did so in some style. Martin Guptill was their solitary performer in the first half, and Taylor used massive slices luck to get going. But in the last six overs, Taylor broke free in unprecedented manner, taking 28 off a Shoaib over - the tournament's most expensive - before plundering 30 off one from Razzaq. In began to rain sixes and fours scorched the outfield as New Zealand ransacked 114 off the last six overs to reach 302.

More to follow …

25 overs New Zealand 99 for 2 (Guptill 52*, Taylor 25*) v Pakistan

	Martin Guptill was a sobering influence during a game filled with silly errors © Associated Press Enlarge
Related Links Matches: New Zealand v Pakistan at Pallekele Series/Tournaments: ICC Cricket World Cup Teams: New Zealand | Pakistan

The crowds that made the trip through the hills to watch the first one-day international in Pallekele were treated to cricket's adaptation of The Comedy of Errors, with Shoaib Akhtar and Kamran Akmal in lead roles. Their performance was so comically incompetent that it allowed New Zealand, who had to endure the struggle of Jamie How, to reach a satisfactory position even though their batsmen - with the exception of Martin Guptill - were far from convincing.

The litany of mistakes began with the first ball of the game, after Daniel Vettori chose to bat, when Shoaib overstepped and the umpire Nigel Llong didn't spot the indiscretion. Llong called Shoaib's next three foot-faults during a five-over spell, though, and the New Zealand batsmen sent each of those free-hits to the boundary. Brendon McCullum, however, missed an incutter soon after pulling the first free-hit for six, and his dismissal brought How, playing for the unwell Jesse Ryder, to the crease.

How couldn't get the ball off the square. Pakistan used a spinner with the new ball for the first time in 13 years and Abdur Rehman's left-arm darts from round the wicket were hard to score off. Shoaib, however, was in a generous mood, throwing a ball he fielded on his follow through wide of Kamran Akmal to concede four overthrows. That Pakistan allowed 45 during the mandatory Powerplay - the most they had given in the first ten overs in this tournament - was largely due to Shoaib's largesse. It was also due to Guptill's ability to stay focused despite the drama around him. He put away two free-hits - one slapped through cover, the other pulled through midwicket - and dragged New Zealand forward with no help from his partner.

More confusion ensued when Afridi forgot to inform umpire Llong that he was taking the bowling Powerplay and then set a field for it. When the bowling Powerplay actually began - in the 12th over - How blocked out a maiden from Umar Gul. Guptill immediately released that pressure by driving Abdul Razzaq to the cover boundary and lofting him over his head.

How's misery finally ended in the 13th over, when Gul tailed an incutter into the right-hander and struck him so plumb that the ball would have hit the middle of middle stump. How had made 4 off 29 balls.

In walked Ross Taylor, on his 27th birthday, and he received two generous gifts from Pakistan. Before he had scored, Taylor edged the second ball of Shoaib's second spell. Akmal moved to towards his right to take a catch that was his for the taking, and then stopped and looked expectantly at first slip, where Younis Khan looked on in shock as the ball sped to the third-man boundary. A ball later Taylor edged again, this time the easiest of chances straight to Akmal, who dropped it again. In between those deliveries, Taylor had slashed to the point boundary.

Normalcy returned to the innings as Gul began to move the ball sharply into the batsmen at brisk pace, and Shoaib bowled with more control. Guptill carried on batting solidly, reaching his half-century off 71 balls, while Taylor, whose early struggle was substantial by normal standards but incomparable to How's, slowly grew in confidence.

 

 

 

Read this and Act

 

 

1.  If you see children Begging anywhere in INDIA , please contact:
"RED SOCIETY" at 9940217816. They will help the children for their studies.

2. Where you can search for any BLOOD GROUP, you will get thousand's of donor address. www.friendstosupport.org

3. Engineering Students can register in www.campuscouncil.com to attend Off Campus for 40 Companies.

4. Free Education and Free hostel for Handicapped/Physically Challenged children.
Contact:- 9842062501 & 9894067506.

5. If anyone met with fire accident or people born with problems in their ear, nose and mouth can get free PLASTIC SURGERY done by  Kodaikanal   PASAM Hospital . From 23rd March to 4th April by German Doctors.
Everything is free. Contact : 045420-240668,245732
"Helping Hands are Better than Praying Lips"

6. If you find any important documents like Driving license, Ration card, Passport, Bank Pass Book, etc., missed by someone, simply put them into any near by Post Boxes. They will automatically reach the owner and Fine will be collected from them.

7.  By the next 10 months, our earth will become 4 degrees hotter than what it is now. Our Himalayan glaciers are melting at rapid rate. So let all of us lend our hands to fight GLOBAL WARMING.
  -Plant more Trees.
  -Don't waste Water & Electricity.      
  -Don't use or burn Plastics

8.  It costs 38 Trillion dollars to create OXYGEN for 6 months for all Human beings on earth.
"TREES DO IT FOR FREE"
"Respect them and Save them"
 
9.   Special phone number for Eye bank and Eye donation: 04428281919 and 04428271616 (Sankara Nethralaya Eye Bank). For More information about how to donate eyes plz visit these sites. http://ruraleye.org/

10.  Heart Surgery free of cost for children (0-10 yr) Sri Valli Baba Institute Banglore. 10.
Contact : 9916737471

11. Medicine for Blood Cancer!!!!
'Imitinef Mercilet' is a medicine which cures blood cancer. Its available free of cost at "Adyar Cancer Institute in Chennai". Create Awareness. It might help someone.
Cancer Institute  in Adyar, Chennai
Category:  Cancer
Address:
East Canal Bank Road , Gandhi Nagar
Adyar
Chennai -600020
Landmark: Near Michael School
Phone:  044-24910754  044-24910754 ,  044-24911526  044-24911526 ,  044-22350241  044-22350241

12.  Please CHECK WASTAGE OF FOOD
If you have a function/party at your home in India and food gets wasted, don't hesitate to call 1098 (only in India ) - Its not a Joke, This is the number of Child helpline.
They will come and collect the food. Please circulate this message which can help feed many children.
AND LETS TRY TO HELP INDIA BE A BETTER PLACE TO LIVE IN
Please Save Our Mother Nature for
"OUR FUTURE GENERATIONS"


Let it reach the 110 Crores Indians and the remaining if any.
 

"Spend at least as much time researching a stock as you would choosing a refrigerator" - Peter Lynch

 

 

 

 

 

World Cup Schedule

World Cup Schedule

Users will soon be able to press the "Alt" key followed by the number 4, to get the Indian Rupee symbol on screen

The Indian Rupee symbol will soon be found on computer keyboards; the symbol will be placed above the number 4, next to the US Dollar sign.

India’s Centre for Development of Advanced Computing (CDAC) spearheaded the idea, which has now been approved by the Bureau of Indian Standards and the Unicode Consortium in the USA.

Mahesh Kulkarni, an official at CDAC, said to Indian media that all original equipment manufacturers (OEM) – such as IBM, HP, and Microsoft – have now been notified to start production of keyboards with the Rupee symbol on them.

Kulkarni further said that the new keyboards could be available from the OEMs in “a matter of months” and that operating systems, such as Linux and Microsoft would also incorporate it.

"We are coming up with an enhanced version of the Indian language keyboard, which will have Indian numerals on it. We have almost completed it and we will be presenting the enhanced Indian version keyboard proposal to the Department of Information Technology. It will in turn submit it to BIS,” Kulkarni said.

An official from Microsoft commented that once the new symbol is integrated into the software, the new keyboards could be part of the next production cycle.

“Once integrated, a user of all applications like Microsoft Word, Excel and Powerpoint among others would be able to use the symbol,” said the Microsoft official.

 

 

 

Happy Republic Day

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