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Wednesday, March 16, 2011

CANCER.

Every one know cancer is a uncontrolled disease...lets discuss some thing about cancer and let's bring awareness about this disease.

Cancer:
Carcinoma: Malignant tumor.

Cancer is the uncontrolled growth of abnormal cells in the body. Cancerous cells are also called malignant cells.

Causes, incidence, and risk factors:

Cells are the building blocks of living things.

Cancer grows out of normal cells in the body. Normal cells multiply when the body needs them, and die when the body doesn't need them. Cancer appears to occur when the growth of cells in the body is out of control and cells divide too quickly. It can also occur when cells forget how to die.
There are many different kinds of cancers. Cancer can develop in almost any organ or tissue, such as the lung, colon, breast, skin, bones, or nerve tissue.
There are many causes of cancers, including:

1.Benzene and other chemicals
2.Drinking excess alcohol
3.Environmental toxins, such as certain poisonous mushrooms and a type of poison that can grow on peanut plants (aflatoxins)
4.Excessive sunlight exposure
5.Genetic problems
6.Obesity
7.Radiation
8.Viruses

However, the cause of many cancers remains unknown.
The most common cause of cancer-related death is lung cancer.

The three most common cancers in men in the United States are:

• Prostate cancer
• Lung cancer
• Colon cancer

In women in the United States, the three most common cancers are:

• Breast cancer
• Colon cancer
• Lung cancer

Some cancers are more common in certain parts of the world. For example, in Japan, there are many cases of stomach cancer, but in the United States, this type of cancer is pretty rare. Differences in diet may play a role.

Some other types of cancers include:

• Brain cancer
• Cervical cancer
• Hodgkin's lymphoma
• Kidney cancer
• Leukemia
• Liver cancer
• Non-Hodgkin's lymphoma
• Ovarian cancer
• Skin cancer
• Testicular cancer
• Thyroid cancer
• Uterine cancer

Symptoms:

Symptoms of cancer depend on the type and location of the cancer. For example, lung cancer can cause coughing, shortness of breath, or chest pain. Colon cancer often causes diarrhea, constipation, and blood in the stool.
Some cancers may not have any symptoms at all. In certain cancers, such as pancreatic cancer, symptoms often do not start until the disease has reached an advanced stage.

The following symptoms can occur with most cancers:

• Chills
• Fatigue
• Fever
• Loss of appetite
• Malaise
• Night sweats
• Weight loss

Signs and tests:

Like symptoms, the signs of cancer vary based on the type and location of the tumor. Common tests include the following:

• Biopsy of the tumor
• Blood tests (which look for chemicals such as tumor markers)
• Bone marrow biopsy (for lymphoma or leukemia)
• Chest x-ray
• Complete blood count (CBC)
• CT scan
• MRI scan

Most cancers are diagnosed by biopsy. Depending on the location of the tumor, the biopsy may be a simple procedure or a serious operation. Most patients with cancer have CT scans to determine the exact location and size of the tumor or tumors.
A cancer diagnosis is difficult to cope with. It is important, however, that you discuss the type, size, and location of the cancer with your doctor when you are diagnosed. You also will want to ask about treatment options, along with their benefits and risks.

It's a good idea to have someone with you at the doctor's office to help you get through the diagnosis. If you have trouble asking questions after hearing about your diagnosis, the person you bring with you can ask them for you.

Treatment:

Treatment varies based on the type of cancer and its stage. The stage of a cancer refers to how much it has grown and whether the tumor has spread from its original location.

•If the cancer is confined to one location and has not spread, the most common treatment approach is surgery to cure the cancer. This is often the case with skin cancers, as well as cancers of the lung, breast, and colon.
• If the tumor has spread to local lymph nodes only, sometimes these can be removed.
• If surgery cannot remove all of the cancer, the options for treatment include radiation, chemotherapy, or both. Some cancers require a combination of surgery, radiation, and chemotherapy.
• Lymphoma, or cancer of the lymph glands, is rarely treated with surgery. Chemotherapy and radiation therapy are most often used to treat lymphoma

Although treatment for cancer can be difficult, there are many ways to keep up your strength.
If you have radiation treatment, know that:

• Radiation treatment is painless.
• Treatment is usually scheduled every weekday.
• You should allow 30 minutes for each treatment session, although the treatment itself usually takes only a few minutes.
• You should get plenty of rest and eat a well-balanced diet during the course of your radiation therapy.
• Skin in the treated area may become sensitive and easily irritated.
• Side effects of radiation treatment are usually temporary. They vary depending on the area of the body that is being treated.

Prevention:
You can reduce the risk of getting a cancerous (malignant) tumor by:

• Eating a healthy diet
• Exercising regularly
• Limiting alcohol
• Maintaining a healthy weight
• Minimizing your exposure to radiation and toxic chemicals
• Not smoking or chewing tobacco
• Reducing sun exposure, especially if you burn easily

Cancer screenings, such as mammography and breast examination for breast cancer and colonoscopy for colon cancer, may help catch these cancers at their early stages when they are most treatable. Some people at high risk for developing certain cancers can take medication to reduce their risk.

SOURCE:-http://www.ncbi.nlm.nih.gov/pubmedhealth/


Sunday, March 13, 2011

Devda village set to welcome 2nd baraat in 120 yrs.

Devla (also known as Devda,) is a small village in the Rajkot district, Gujarat, India near Gondal. It has the population of 2000 people and is situated at the banks of Bhadar river.
It's a proud moment not just for Panna Singh's family but for the entire Devda village.
Feb 16, 2010:
'Baraat' — only the second time in 120 years. Panna Singh's daughter Shagun Kanwar will wed Shailendra Singh at this Rajput village, Devda, which had earned notoriety for the very high incidence of female infanticide.
The only other time a 'baraat' came to Devda was in 1998, when Shagun's cousin Jayant Kanwar became the first girl to get married in over a century in this village. "We have the distinction of being the only family to have got two of their girls married. On Tuesday, my daughter will be married to Shailendra Singh of Bikaner who works with the tourism department. It's a proud moment for us," said Panna Singh.


There's a centuries old reprehensible custom in these parts of killing the girl child. It was almost an act of revolt by Inder Singh Bhati and his wife who, 29 years ago, decided against the wishes of the community that their baby girl will live. While everybody else around them killed their daughters, the Bhatis, who had lost 3 sons before Jayant's birth, could not bring themselves to follow the bizarre village ritual with infant girls. ''I don't remember what we were thinking but it was my wife who took the decision. I supported her,'' recalls Inder Singh.





Saturday, March 12, 2011

The "New" Seven Wonders of the World.

On July 7, 2007 (7-7-07)  New Open World Corporation (NOWC) announced a "new" set of the Seven Wonders of the World based on online voting from around the world...
The selection is being made by free and paid votes, through telephone or online. The first vote is free to registered members and additional votes may be purchased through a donation to NOWC.



Chichen Itza, Mexico - Mayan City

Chichen Itza is an exotic place which is located in the Yucatan Peninsula of Mexico and it is one of the largest structures of the pre-Columbian Mayan culture. Visiting this place would truly be a mesmerizing experience for you because it has all the features and specialties that would truly mesmerize your senses. The mysterious temple and pyramid lies within the thick Mexican forests where you can visit it all around the year.

Chichen Itza is a sacred city of Mexico and it is visited by many tourists from all around the world who want to know more about this mysterious structure. The structure depicts various architectural styles that resemble the Puuc style and the Mexico style that were very famous amongst the Mayan, many centuries ago.









Christ Redeemer, Brazil - Large Statue

Christ the Redeemer (Portuguese: Cristo Redentor) is a statue of Jesus Christ in Rio de Janeiro, Brazil; considered the second largest Art Deco statue in the world.The statue is 39.6 metres (130 ft) tall, including its 9.5 meter (31 feet) pedestal, and 30 metres (98 ft) wide. It weighs 635 tonnes (700 short tons), and is located at the peak of the 700-metre (2,300 ft) Corcovado mountain in the Tijuca Forest National Park overlooking the city. A symbol of Christianity, the statue has become an icon of Rio and Brazil.It is made of reinforced concrete and soapstone, and was constructed between 1922 and 1931.






The Great Wall, China

The Great Wall of China is one of the world's iconic attractions, and there is little that can be said about the Great Wall that has not been stated over and over again throughout the wall's more than 2,000 -year history. Construction of the Great Wall started in 221 BC to defend the Middle Kingdom from Mongol soldiers. But many of the sections were already in place, built by a series of independent kingdoms stretched across the land, from Shanhaiguan on the east coast to Jiayuguan in the Gobi Desert—Emperor Qin Shihuang merely oversaw the joining of these walls.





Machu Picchu, Peru

The ancient city of Machu Picchu is often referred to as the ‘lost city of the Incas’ situated on a mountain ridge some 8,000ft above sea level. Built around AD 1430 the site was abandoned by the Incas due to the Spanish conquest 100years later. In 1983 Machu Picchu also became a World Heritage Site.






The Roman Colosseum, Italy

It is an elliptical amphitheatre in the centre of the city of Rome, Italy, the largest ever built in the Roman Empire. It is considered one of the greatest works of Roman architecture and Roman engineering.
Occupying a site just east of the Roman Forum, its construction started in 72 AD under the emperor Vespasian and was completed in 80 AD under Titus, with further modifications being made during Domitian's reign (81–96). The name "Amphitheatrum Flavium" derives from both Vespasian's and Titus's family name (Flavius, from the gens Flavia).

Capable of seating 50,000 spectators,the Colosseum was used for gladiatorial contests and public spectacles such as mock sea battles, animal hunts, executions, re-enactments of famous battles, and dramas based on Classical mythology. The building ceased to be used for entertainment in the early medieval era. It was later reused for such purposes as housing, workshops, quarters for a religious order, a fortress, a quarry, and a Christian shrine.




Last but not least, here comes our great TAJ MAHAL.



The Taj Mahal, India:

Taj Mahal is the finest example of Mughal architecture, a style that combines elements from Persian, Islamic and Indian architectural styles.
"The Taj" is a mausoleum located in Agra, India. It is one of the most recognizable structures in the world.It was built by Mughal emperor Shah Jahan in memory of his third wife, Mumtaz Mahal. It is widely considered as one of the most beautiful buildings in the world and stands as a symbol of eternal love.


Japan 8.9 Earthquake and Tsunami Pictures March 11 2011



Vehicles are washed away by tsunami in coastal area in eastern Japan



This image taken from NHK television, Sendai Airport is flooded after an strong earthquake in Sendai, northern Japan


Black smoke rises from a burning building in Tokyo









People freeze as part of the ceiling collapses at a bookstore in Sendai, Miyagi Prefecture


Vehicles are crushed by a collapsed wall at a carpark in Mito city in Ibaraki



An aerial shot shows vehicles ready for shipping being carried by a tsunami tidal wave at Hitachinaka


Tsunami waves hit residences after a powerful earthquake in Natori, Miyagi.

Light planes and vehicles sit among the debris after they were swept by a tsumani that struck Sendai airport





Oncoming tsunami strikes the coast in Natori City, Miyagi Prefecture, northeastern Japan

A worker inspects a caved-in section of the Joban Motorway near Mito, Ibaraki



Photograph of the Sendai airport

Thursday, March 10, 2011

195 Independent Countries on Earth.

A:
Afghanistan - Kabul
Albania - Tirane
Algeria - Algiers
Andorra - Andorra la Vella
Angola - Luanda
Antigua and Barbuda - Saint John's
Argentina - Buenos Aires
Armenia - Yerevan
Australia - Canberra
Austria - Vienna
Azerbaijan - Baku

B:

The Bahamas - Nassau
Bahrain - Manama
Bangladesh - Dhaka
Barbados - Bridgetown
Belarus - Minsk
Belgium - Brussels
Belize - Belmopan
Benin - Porto-Novo
Bhutan - Thimphu
Bolivia - La Paz (administrative); Sucre (judicial)
Bosnia and Herzegovina - Sarajevo
Botswana - Gaborone
Brazil - Brasilia
Brunei - Bandar Seri Begawan
Bulgaria - Sofia
Burkina Faso - Ouagadougou
Burundi - Bujumbura

C:

Congo, Democratic Republic of the - Kinshasa
Costa Rica - San Jose
Cote d'Ivoire - Yamoussoukro (official); Abidjan (de facto)
Croatia - Zagreb
Cuba - Havana
Cyprus - Nicosia
Czech Republic - Prague

D:

Denmark - Copenhagen
Djibouti - Djibouti
Dominica - Roseau
Dominican Republic - Santo Domingo

E:

East Timor (Timor-Leste) - Dili
Ecuador - Quito
Egypt - Cairo
El Salvador - San Salvador
Equatorial Guinea - Malabo
Eritrea - Asmara
Estonia - Tallinn
Ethiopia - Addis Ababa

F:

Fiji - Suva
Finland - Helsinki
France - Paris

G:

Gabon - Libreville
The Gambia - Banjul
Georgia - Tbilisi
Germany - Berlin
Ghana - Accra
Greece - Athens
Grenada - Saint George's
Guatemala - Guatemala City
Guinea - Conakry
Guinea-Bissau - Bissau
Guyana - Georgetown

H:

Haiti - Port-au-Prince
Honduras - Tegucigalpa
Hungary - Budapest

I:

Iceland - Reykjavik
India - New Delhi
Indonesia - Jakarta
Iran - Tehran
Iraq - Baghdad
Ireland - Dublin
Israel - Jerusalem*
Italy - Rome

J:

Jamaica - Kingston
Japan - Tokyo
Jordan - Amman

K:

Kazakhstan - Astana
Kenya - Nairobi
Kiribati - Tarawa Atoll
Korea, North - Pyongyang
Korea, South - Seoul
Kosovo - Pristina
Kuwait - Kuwait City
Kyrgyzstan - Bishkek

L:

Laos - Vientiane
Latvia - Riga
Lebanon - Beirut
Lesotho - Maseru
Liberia - Monrovia
Libya - Tripoli
Liechtenstein - Vaduz
Lithuania - Vilnius
Luxembourg - Luxembourg

M:

Macedonia - Skopje
Madagascar - Antananarivo
Malawi - Lilongwe
Malaysia - Kuala Lumpur
Maldives - Male
Mali - Bamako
Malta - Valletta
Marshall Islands - Majuro
Mauritania - Nouakchott
Mauritius - Port Louis
Mexico - Mexico City
Micronesia, Federated States of - Palikir
Moldova - Chisinau
Monaco - Monaco
Mongolia - Ulaanbaatar
Montenegro - Podgorica
Morocco - Rabat
Mozambique - Maputo
Myanmar (Burma) - Rangoon (Yangon); Naypyidaw or Nay Pyi Taw (administrative)

N:

Namibia - Windhoek
Nauru - no official capital; government offices in Yaren District
Nepal - Kathmandu
Netherlands - Amsterdam; The Hague (seat of government)
New Zealand - Wellington
Nicaragua - Managua
Niger - Niamey
Nigeria - Abuja
Norway - Oslo

O:

Oman - Muscat

P:

Pakistan - Islamabad
Palau - Melekeok
Panama - Panama City
Papua New Guinea - Port Moresby
Paraguay - Asuncion
Peru - Lima
Philippines - Manila
Poland - Warsaw
Portugal - Lisbon

Q:

Qatar - Doha

R:

Romania - Bucharest
Russia - Moscow
Rwanda - Kigali

S:

Saint Kitts and Nevis - Basseterre
Saint Lucia - Castries
Saint Vincent and the Grenadines - Kingstown
Samoa - Apia
San Marino - San Marino
Sao Tome and Principe - Sao Tome
Saudi Arabia - Riyadh
Senegal - Dakar
Serbia - Belgrade
Seychelles - Victoria
Sierra Leone - Freetown
Singapore - Singapore
Slovakia - Bratislava
Slovenia - Ljubljana
Solomon Islands - Honiara
Somalia - Mogadishu
South Africa - Pretoria (administrative); Cape Town (legislative); Bloemfontein (judiciary)
Spain - Madrid
Sri Lanka - Colombo; Sri Jayewardenepura Kotte (legislative)
Sudan - Khartoum
Suriname - Paramaribo
Swaziland - Mbabane
Sweden - Stockholm
Switzerland - Bern
Syria - Damascus

T:

Taiwan - Taipei
Tajikistan - Dushanbe
Tanzania - Dar es Salaam; Dodoma (legislative)
Thailand - Bangkok
Togo - Lome
Tonga - Nuku'alofa
Trinidad and Tobago - Port-of-Spain
Tunisia - Tunis
Turkey - Ankara
Turkmenistan - Ashgabat
Tuvalu - Vaiaku village, Funafuti province

U:

Uganda - Kampala
Ukraine - Kyiv
United Arab Emirates - Abu Dhabi
United Kingdom - London
United States of America - Washington D.C.
Uruguay - Montevideo
Uzbekistan - Tashkent

V:

Vanuatu - Port-Vila
Vatican City (Holy See) - Vatican City
Venezuela - Caracas
Vietnam - Hanoi

Y:

Yemen - Sanaa

Z:

Zambia - Lusaka
Zimbabwe - Harare

Tuesday, March 8, 2011

Global Warming...

What is Global warming...???


Global warming is nothing but increase in the average temperature of Earth's near surface air and oceans.
According to the 2007 fourth Assessment Report by the Intergovernmental Panel on Climate Change (IPCC), global surface temperature increased 0.74 ± 0.18 °C (1.33 ± 0.32 °F) during the 20th century.
Most of the observed temperature increase since the middle of the 20th century has been caused by increasing concentrations of greenhouse gases, which result from human activity such as the burning of fossil fuel and deforestation. Global dimming, a phenomenon of increasing concentrations of man-made atmospheric aerosols, which affect cloud properties and block sunlight from reaching the surface, has partially countered the effects of warming induced by greenhouse gases.

Global Warming Causes...

As said, the major cause of global warming is the emission of green house gases like carbon dioxide, methane, nitrous oxide etc into the atmosphere.
The major source of carbon dioxide is the power plants. These power plants emit large amounts of carbon dioxide produced from burning of fossil fuels for the purpose of electricity generation. About twenty percent of carbon dioxide emitted in the atmosphere comes from burning of gasoline in the engines of the vehicles. This is true for most of the developed countries. Buildings, both commercial and residential represent a larger source of global warming pollution than cars and trucks.
Building of these structures require a lot of fuel to be burnt which emits a large amount of carbon dioxide in the atmosphere. Methane is more than 20 times as effectual as CO2 at entrapping heat in the atmosphere.
Methane is obtained from resources such as rice paddies, bovine flatulence, bacteria in bogs and fossil fuel manufacture. When fields are flooded, anaerobic situation build up and the organic matter in the soil decays, releasing methane to the atmosphere.
The main sources of nitrous oxide include nylon and nitric acid production, cars with catalytic converters, the use of fertilizers in agriculture and the burning of organic matter.
Another cause of global warming is deforestation that is caused by cutting and burning of forests for the purpose of residence and industrialization.
Anual Green House Gas Emissions By Sector...



What is Green House Effect...???



The greenhouse effect is a process by which thermal radiation from a planetary surface is absorbed by atmospheric greenhouse gases, and is re-radiated in all directions. Since part of this re-radiation is back towards the surface, energy is transferred to the surface and the lower atmosphere. As a result, the temperature there is higher than it would be if direct heating by solar radiation were the only warming mechanism.
The greenhouse effect was discovered by Joseph Fourier in 1824, first reliably experimented on by John Tyndall in 1858, and first reported quantitatively by Svante Arrhenius in 1896


Basic Mechanism.:
The Earth receives energy from the Sun in the form UV, visible, and near IR radiation, most of which passes through the atmosphere without being absorbed.
Of the total amount of energy available at the top of the atmosphere (TOA), about 50% is absorbed at the Earth's surface. Because it is warm, the surface radiates far IR thermal radiation that consists of wavelengths that are predominantly much longer than the wavelengths that were absorbed.
 
Most of this thermal radiation is absorbed by the atmosphere and re-radiated both upwards and downwards; that radiated downwards is absorbed by the Earth's surface. This trapping of long-wavelength thermal radiation leads to a higher equilibrium temperature than if the atmosphere were absent.
 
Greenhouse gases:
 
By their percentage contribution to the greenhouse effect on Earth the four major gases are
 
water vapor 36–70%
carbon dioxide 9–26%
methane 4–9%
ozone 3–7%
 
Our Contribution To Reduce Global Warming...:
 
Educate yourself about global warming:
Recycle more by using recycling bins, composting, etc.
Buy locally made and locally grown products:
Buy minimally packaged goods:
Insulate anything that uses energy to stay a different temperature from its environment.
Replace old appliances and reduce reliance on them.
Unplug unused electronics.
Grow fast growing plants.
Use public transportation.
Ride a bicycle.
Use Refills.

What You Can Do To Prevent Global Warming:

Wednesday, March 2, 2011

The World’s Youngest Self-Made Billionaires!!!

Billionaires are getting younger! These young billionaires stand out amongst hundreds of billionaires in their age group. They are different from those that inherited their billions, because they started their own businesses and built them from ground up to reach the peak.


Mark Zuckerberg – United States, Age: 23

Facebook has attracted more users than any other site can boast of. The founder is a young boy born on May 14, 1984 and named Mark Elliot Zuckerberg. This sky and reserved kid has an unparalleled brilliance. According to Forbes magazine, Mark Zuckerberg is the youngest billionaire in the world for 2008.

He was born in a Jewish family and his father is a dentist. From his early years, he loved hacking into computers and wrote his own programs. He studied at Harvard, and the idea that brought him fame and money, a social networking site, was born in his dorm at Harvard, and the rest is history. His idea took fruition as Facebook, gaining unprecedented fame. He and his friend Andrew McCollum along with two other roommates, Dustin Moskovits and Chris Hughes started Facebook. Mark is the CEO of Facebook and his net worth is said to be $1.5 billion.

He studied computer science at Harvard University and while he was there, he created a website called Facemash, that compared students’ dorm pictures kept side-by-side, to see which one is better looking (hot or not.) It was about a few months later that he launched Facebook. He also won the Crunchie Award in 2007 for the “Best Startup CEO.


John Arnold – United States. Age: 34

John Arnold was a go-getter from a young age. He is on the list of current self-made billionaires and his net work is estimated to be $2.5 bil.
His father was a lawyer and mom was an accountant. He graduated from Vanderbilt University and after his studies, went on to work for Enron.

He was 27 when he used Internet-based trading network to earn $750 million for Enron in 2001, when he was an oil trader for the company. He was rewarded $8 million in bonus. A year later, when Enron collapsed, he went into business himself and founded the hedge fund Centaurus Energy Advisors, LLC, based in Houston, Texas. For this, he is said to have used his $8 million bonus and other funds from selling his Enron stock just before its collapse.


Xiaofeng Peng – China. Age: 34

Xiaofeng Peng is a self-made billionaire with an estimated worth of $1.5 billion. Solar energy has been his ladder to success and wealth. When Peng was pondering the next move of his career, he realized that renewable energy is the future. Initially, he started out with a trading company in 2005, and it grew immensely to become one of the fastest growing suppliers of Chinese-made solar wafers in the world. These solar wafers are used in solar panels. His company, LDK Solar has also been listed on NASDAQ since 2007.

Sameer Gehlaut, India. Age: 34

Sameer Gehlaut whose net worth is calculated at 1.2 bil, is the youngest and the 45th richest in India, and one of the youngest billionaires in the world. He established Indiabulls in 2000.
His educated consisted of a Mechanical Engineering degree from IIT, Delhi in 1995. As a young boy, he worked for Halliburton in the United States. He returned to India and started an earth moving and mining business, which is now taken care of by his family.
He laid the foundation to his success when he started Indiabulls in 2000, when he was just 26 years old. He had help in the form of his two friends from IIT, Delhi; Rajiv Rattan Mittal and Saurabh Mittal, who are said to have a net worth of $500 million each. Indiabulls’ interests include consumer finance, mortgages, real estate, retail and power. The company’s market capitalization is a huge Rs. 25,000 crores


Larry Page, United States. Age: 35

Page is a self-made billionaire and there cannot be anyone on the internet who hasn’t heard of him. He is the founder of the largest search engine, Google. He is ranked high on the list of billionaires with an estimated net worth of $18.6 billion.

His background constituted of a computer engineering degree and a masters degree from Stanford University. Before completing this degree, he launched Google in 1998, along with his Russian born classmate, Sergey Brin, whose worth is said to be $18.5 billion. There is a small story that makes the rounds, saying that the two friends initially disliked each other until they eventually got closer due to their mutual interests. They even co-authored “The Anatomy of a Large Scale Hypertextual Web Search Engine,” which is like a bestseller in the web world.

Google proved to be an extremely successful venture that has seen an increase in revenue exponentially. At Google, Page holds the title of the President for Products. Since Google went public in 2004, there was a huge increase in business. He is said to make a lot of money from the well-known online advertising program, Google AdSense and Adwords. Apart from Google, he also invested in Tesla Motors, which is in the process of developing a battery operated vehicle.


Sergey Brin (Net Worth : $12 Bil)

Sergey Brin is a Russian-born American computer scientist best known as the co-founder of Google, Inc., the world’s largest Internet company, based on its search engine and online advertising technology.He met partner Larry Page (a tad older and a tad poorer) while both were students in the computer science Ph.D. program at Stanford. The duo dropped out to start Google in a garage they sublet from the sister of Brin now wife, Anne Wojcicki, whom he married in 2007.

SOURCE: http://www.dirjournal.com/

TIME MAGAZINE'S PERSON OF THE YEAR...

Person of the Year 2010:


Mark Zuckerberg

For connecting more than half a billion people and mapping the social relations among them, for creating a new system of exchanging information and for changing how we live our lives, Mark Elliot Zuckerberg is TIME's 2010 Person of the Year


Person of the Year 2009:


Ben Bernanke

The story of the year was a weak economy that could have been much, much weaker. How the mild-mannered man who runs the Federal Reserve prevented an economic catastrophe

Person of the Year 2008:

Barack Obama

In one of the craziest elections in American history, Barack Obama overcame a lack of experience, a funny name, two candidates who are political institutions and the racial divide to become the 44th President of the United States.

Person of the Year 2007:


Vladimir Putin


His final year as Russia's President has been his most successful yet. At home, he secured his political future. Abroad, he expanded his outsize—if not always benign—influence on global affairs.

SOURCE: http://www.time.com/time/

Tuesday, March 1, 2011

Highlights And Gains & Pains of Union Budget 2011-2012.

TAXES:

* Standard rate of excise duty held at 10 percent; no change in CENVAT rates
* Personal income tax exemption limit raised to Rs 180,000 from Rs 160,000 for individual tax payers
*For senior citizens, the qualifying age reduced to 60 years and exemption limit raised to Rs 2.50 lakh.
*Citizens over 80 years to have exemption limit of Rs 5 lakh.
* To reduce surcharge on domestic companies to 5 percent from 7.5 percent.
* A new revised income tax return form 'Sugam' to be introduced for small tax papers.
* To raise minimum alternate tax to 18.5 percent from 18 percent ( Read story )
* Direct tax proposals to cause 115 billion rupees in revenue loss
* Service tax rate kept at 10 percent
* Customs and excise proposals to result in net revenue gain of 73 billion rupees
* Iron ore export duty raised to 20 percent
*Nominal one per cent central excise duty on 130 items entering the tax net. Basic food and fuel and precious stones, gold and silver jewellery will be exempted.
*Peak rate of customs duty maintained at 10 per cent in view of the global economic situation.
*Basic customs duty on agricultural machinery reduced to 4.5 per cent from 5 per cent.
*Service tax widened to cover hotel accommodation above Rs 1,000 per day, A/C restaurants serving liquor, some category of hospitals, diagnostic tests.
*Service tax on air travel increased by Rs 50 for domestic travel and Rs 250 for international travel in economy class. On higher classes, it will be ten per cent flat.
* Electronic filing of TDS returns at source stabilised; simplified forms to be introduced for small taxpayers.
* Works of art exempt from customs when imported for exhibition in state-run institutions; this now extended to private institutions.


SUBSIDIES:

* Subsidy bill in 2011-12 seen at 1.44 trillion rupees
* Food subsidy bill in 2011-12 seen at 605.7 billion rupees
* Revised food subsidy bill for 2010-11 at 606 billion rupees
* Fertiliser subsidy bill in 2011-12 seen at 500 billion rupees
* Revised fertiliser subsidy bill for 2010-11 at 550 billion rupees
* Petroleum subsidy bill in 2011-12 seen at 236.4 billion rupees
* Revised petroleum subsidy bill in 2010-11 at 384 billion rupees
* State-run oil retailers to be provided with 200 billion rupee cash subsidy in 2011-12



FISCAL DEFICIT:

* Fiscal deficit seen at 5.1 percent of GDP in 2010-11
* Fiscal deficit seen at 4.6 percent of GDP in 2011-12
* Fiscal deficit seen at 3.5 percent of GDP in 2013-14

SPENDING:

* Total expenditure in 2011-12 seen at 12.58 trillion rupees
* Plan expenditure seen at 4.41 trillion rupees in 2011-12, up 18.3 percent

REVENUE:

* Gross tax receipts seen at 9.32 trillion rupees in 2011-12
* Non-tax revenue seen at 1.25 trillion rupees in 2011-12
* Corporate tax receipts seen at 3.6 trillion rupees in 2011-12
* Tax-to-GDP ratio seen at 10.4 percent in 2011-12; seen at 10.8 percent in 2012-13
* Customs revenue seen at 1.52 trillion rupees in 2011-12
* Factory gate duties seen at 1.64 trillion rupees in 2011-12
*Service tax receipts seen at 820 billion rupees in 2011-12
* Revenue gain from indirect tax proposals seen at 113 billion rupees in 2011-12
* Service tax proposals to result in net revenue gain of 40 billion rupees in 2011-12


GROWTH, INFLATION EXPECTATIONS:

* Economy expected to grow at 9 percent in 2012, plus or minus 0.25 percent
* Inflation seen lower in the financial year 2011-12

DISINVESTMENT:

* Disinvestment in 2011-12 seen at 400 billion rupees
* Government committed to retaining 51 percent stake in public sector enterprises.

BORROWING:

* Net market borrowing for 2011-12 seen at 3.43 trillion rupees, down from 3.45 trillion rupees in 2010-11
* Gross market borrowing for 2011-12 seen at 4.17 trillion rupees
* Revised gross market borrowing for 2010-11 at 4.47 trillion rupees


POLICY REFORMS:

* To create infrastructure debt funds
* FDI policy being liberalised.
* To boost infrastructure development with tax-free bonds of 300 billion rupees
* Food security bill to be introduced this year
* To permit SEBI registered mutual funds to access subscriptions from foreign investments
* Raised foreign institutional investor limit in 5-year corporate bonds for investment in infrastructure by $20 billion
* Setting up independent debt management office; Public debt bill to be introduced in parliament soon
* Bills on insurance, pension funds, banking to be introduced.
*Constitution Amendment Bill for introduction of GST regime in this session.
*New Companies Bill to be introduced in current session



SECTOR SPENDING:
* To allocate more than 1.64 trillion rupees to defence sector in 2011-12
* Corpus of rural infrastructure development fund raised to 180 billion rupees in 2011-12
* To provide 201.5 billion rupees capital infusion in state-run banks in 2011-12
* To allocate 520.5 billion rupees for the education sector. Rs.21,000 crore for Sarva Shiksha Abhiyan.
* To raise health sector allocation to 267.6 billion rupees * Rs.500 crore more for national skill development fund.
* Rs.54 crore each for AMU (Aligarh Muslim University) centres at Murshidabad and Mallapuram.
* Rs.58,000 crore for Bharat Nirman; increase of Rs.10,000 crore.
* Mahatma Gandhi National Rural Employment Guarantee Scheme wage rates linked to consumer price index; will rise from existing Rs.100 per day.
* Increased outlay on social sector schemes.
* Infrastructure critical for development; 23 percent higher allocation in 2011-12.



AGRICULTURE:

* Removal of supply bottlenecks in the food sector will be in focus in 2011-12
* Agriculture growth key to development: Green Revolution waiting to happen in eastern region.
* To raise target of credit flow to agriculture sector to 4.75 trillion rupees
* Gives 3 percent interest subsidy to farmers in 2011-12
* Cold storage chains to be given infrastructure status
* Capitalisation of National Bank for Agriculture and Rural Development (NABARD) of 30 billion rupees in a phased manner
* To provide 3 billion rupees for 60,000 hectares under palm oil plantation
* Actively considering new fertiliser policy for urea
* Food storage capacity to be augmented - 15 more mega food parks to be set up in 2011-12; of 30 sanctioned in previous fiscal, 15 set up.
* Comprehensive policy on further developing PPP (public-private-partnership) model.
* Farmers need access to affordable credit.
* Moving to improve nutritional security.
* Necessary to accelerate production of fodder.


ON THE STATE OF THE ECONOMY:

* "Fiscal consolidation has been impressive. This year has also seen significant progress in those critical institutional reforms that will pave the way for double digit growth in the near future."
* "At times the biggest reforms are not the ones that make headlines, but the ones concerned with details of governance which affect the everyday life of aam aadmi (common man). In preparing this year's budget, I have been deeply conscious of this fact."
* Food inflation remains a concern
* Current account deficit situation poses some concern
* Must ensure that private investment is sustained
* "The economy has shown remarkable resilience."
* Setting tone for newer, vibrant economy.
* Economy back to pre-crisis trajectory.
* Development needs to be more inclusive.

ON GOVERNANCE:

* "Certain events in the past few months may have created an impression of drift in governance and a gap in public accountability ... such an impression is misplaced."
* Corruption is a problem, must fight it collectively

MORE:

*Govt to move towards direct transfer of cash subsidy for kerosene, LPG and fertilisers.
*Financial Sector Legislative Reforms Commission, to be headed by former Supreme Court judge B Srikrishna, to complete its work in 24 months; to overhaul financial regulations.
* Five-fold strategy against black money; 13 new double taxation avoidance agreements; foreign tax division of CTBT strengthened; strength of Enforcement Directorate increased three-fold.
* Bill to be introduced to review Indian Stamp Act.
* New coins carrying new rupee symbol to be issued.
* Anganwadi workers salary raised from Rs.1,500 to Rs.3,000.
* Mortgage risk guarantee fund to be created for economically weaker sections.
* Housing loan limit for priority sector lending raised to Rs.25 lakh.

GAINS AND PAINS:

For taxpayers:
Gain | Income tax exemption limit raised from 1.6 lakh to 1.8 lakh For senior citizens, limit raised from 2.4 lakh to 2.5 lakh Age limit for senior citizens lowered from 65 to 60 years New category of 'very senior citizens' (80 & above) to be tax-free till 5 lakh No need to file returns if tax is deducted at source on income up to 5 lakh
Pain | Exemption limit for women unchanged

For investors:
Gain | Deduction of 20,000 for investment in infrastructure bonds extended 40,000-crore disinvestment target, though no PSU privatization 5-fold increase in limit on FII investment in corporate infrastructure bonds from $5 billion to $25 billion
Pain | Additional income tax at 30% on income distributed by debt funds to person other than an individual or HUF

For consumers:
Gain | Hybrid vehicles set to get cheaper Imported patent and proprietary medicines exempted from customs duty Excise duty on sanitary napkins, diapers cut to 1%
Pain | Service tax to cover AC restaurants with bar; rooms in hotels and guest houses AC hospitals, individual doctors etc liable to service tax; path labs also covered Service charge on lawyers' fees, except when both lawyer and client are individuals Service tax up by 50 and 250 on domestic & foreign economy air travel, levied at 10% on domestic business class 10% service tax to be levied on unrecognised courses in coaching centres

For businessmen:
Gain | Surcharge on Indian firms cut from 7.5% to 5% Tax on dividends received by Indian company from foreign subsidiary halved to 16.2% No service tax audits for individual and sole proprietor assessees with turnover up to 60 lakh Mutual funds can tap foreign investors
Pain | MAT up from 18% to 18.5%; to cover SEZ developers and units in SEZs Dividend distribution tax at 16.2% on SEZ developers from June 2011

UNION BUDGET 2011-2012



NEW DELHI: Finance minister Pranab Mukherjee presented Union Budget 2011-2012 in Parliament on 28-02-2011.



OVERVIEW: Budget estimates for 2011-12 projects Rs 9,32,440 crore - an increase of 24 per cent.

Expenditure in 2011-12 is estimated at Rs 12,57,729 crore, an increase of 13.4%.

Revenue deficit fixed at 2.3% in revised estimates of 2010-11 and 1.8% in 2011-12.

Tax reductions to result in revenue loss of Rs 11,500 crore

INFLATION:
The finance minister opened his speech with reference to inflation saying that food inflation came down from 20.2% last year to 9.3% in January 2011 but it was still a matter of concern. "Government's principle concern is high food prices... food prices were high for cereals, there was a spurt in prices of onions and milk," he said

AGRICULTURE:
In what may be a big relief for farmers, the FM said credit flows to farmers will be raised from Rs 3.75 lakh crore to Rs 4.75 lakh crores and the allocation under Rashtriya Krishi Vikas Yojana will be raised from Rs 6755 crore in the current year to Rs 7860 crore.( Farm loans at 4%; credit target raised to Rs 4,75,000cr)


An additional Rs 300 cr will be provided to promote pulses cultivation in rain-fed areas and another Rs 300 cr to promote farm product cultivation.

In joy for anganwadi workers, their remuneration is being raised from Rs 1500 to Rs 3,000 per month. Anganwadi helpers will get Rs 1,500 from Rs 750, Pranab said. ( Social spending to be raised by 17% )

Old age pension to persons of over the age of 80 will be raised from Rs 200 to Rs 500.

HEALTH:
20 percent hike in health budget for 2011-2012. (Finance minister announces 20 per cent hike in health budget)


DEFENCE:
The finance minister has allotted Rs 1.64 lakh crore for defence saying that more will be given if required. (11% hike in defence allocation)
Rs 9 lakh compensation will be given to men of defence and central paramilitary forces for permanent disability and on being discharged from service. (Rs 9 lakh disability compensation for defence personnel)

INCOME TAX:
No change in tax slabs has been proposed. The tax exemption limit for general category has been raised from Rs 1,60,000 to Rs 1,80,000. ( Tax limit enhanced from Rs 1,60,000 to Rs 1,80,000)

No change in tax exemption limit for women.

For senior citizens, exemption age limit has been reduced from 65 to 60. Their tax exemption limit will be Rs 2,50,000.

Apart from this, a new exemption bracket has been created for those above 80 years of age. Their tax exemption limit will be Rs 5,00,000.

Surcharge for companies cut to 5 per cent, from 7.5 per cent. (Corporate Tax surcharge reduced to 5%)

A new revised income tax return form 'Sugam' to be introduced for small tax papers.


DIRECT TAX:
The FM announced that Direct Tax Code will be implemented from April, 2012 and the Goods and Services Tax Bill is to be introduced in Parliament this year. ( Direct Taxes Code to be implemented from April 1, 2012 )


SERVICE TAX:
Service tax widened to cover hotel accommodation above Rs 1,000 per day, A/C restaurants serving liquor, some category of hospitals, diagnostic tests.

Service tax on air travel increased by Rs 50 for domestic travel and Rs 250 for international travel in economy class. On higher classes, it will be 10% flat. ( Service tax on air travel increased )



EXCISE AND CUSTOMS DUTY:
There is a proposal to introduce self-assessment of customs duty wherein importers and exporters will themselves assess payment of duty.

There will be change in excise duty. The standard rate of central exercise duty will be maintained at 10%. A 1% central excise duty on 130 items entering the tax net. Basic food and fuel and precious stones, gold and silver jewellery will be exempted and there will be no change in CENVAT rates. (Excise duty retained at 10%, more items to be taxed)

A new scheme is to be introduced for refund of service tax on the lines of drawback of duties, he announced. Also, capital investment in fertiliser production will be considered as infrastructure sub-sector, Pranab said.

Tax-free bonds of Rs 30,000 cr will be issued for infrastructure development which will cover Warehousing Corporation, NHAI, IRFC and HUDCO.


EDUCATION:
A Rs50cr grant is being allocated to Aligarh Muslim University centres in Murshidabad in West Bengal and Malappuram in Kerala. Also, the government has decided to allot Rs 200 cr to IIT Kharagpur. ( 24% hike in allocation for education )


GROWTH:
Predicting growth patterns over the next fiscal, Pranab said the overall economic growth in the current fiscal was expected at 8.6 %, agriculture growth at 5.4 %, industry at 8.1 % and services 9.3 %. In the next fiscal, economic growth was likely to be 9%, he said. ( Economy grew 8.2% in last 2010 quarter ).

The government, he said, aims to provide Rs 201.5 billion capital infusion in state-run banks in 2011-12 and Rs 3 billion for 60,000 hectares under palm oil plantation.

He said that corruption continued to be deterrent in the country's development and had to be fought extensively.

Pranab Mukherjee said the government plans to create a Women Self Help Group development fund with a corpus of Rs 500 crore. There is also a proposal to increase rural housing fund to Rs 3,000 crore. ( Low-cost housing loans of Rs 15 lakh to get 1% interest sop )

Pranab announced the formation of Indian micro finance equity with SIDBI at Rs 100 crore. Another Rs 6,000 cr will be given to public sector banks to maintain capital-to-risk assets ratio norms, he said. ( Rs 500 cr for Regional Rural Banks )

TAX REBATE TO BUILDERS:
The government proposed full tax rebate on developing such projects under a notified scheme and raised the ceiling of one per cent interest subsidy on home loans upto Rs 15 lakh from the current Rs 10 lakh.

In the Budget for 2011-12, finance minister Pranab Mukherjee proposed 100% tax deductions on capital expenditure to develop affordable houses under government scheme, thus promoting builders to focus more on such homes.

"Considering the importance of housing, I propose investment linked deduction to businesses, which develop affordable housing under a notified scheme," he said.
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