Looking for a job for quite some time? Here is a good news!

I just read in ET "State-owned banks on hiring spree, to hire 30,000 in FY'10 even as India Inc, facing the heat of the global financial meltdown, has put a virtual halt on recruitment."

Why has this huge employment come in ?
Expansion/ Increment of branches is one of the reason. This expansion of branches is the reason to increase the lending activity.

What can we term by this expansion activity?
Increase in branches will indirectly increase the lending activity of the bank. But can also increase the inflow as more people would tend to invest.
Increase in lending activity means growth and diversification in other sectors/business.
Indirectly upliftment of Indian Economy.

Ways to survive a Stock Market Correction.

We saw that markets corrected lately and this was a big cause of concern every where. Recession was googled every now and then. "Recession" has become a buzz word now.
There are people how booked profits when the markets were at all time high and there are people who have not at all booked profits. So the idea being is Invest Smartly. Why cant we be one among those who booked profits at a higher levels.
It is said that "no one can ever buy at a bottom price and no one can ever sell a highest price , it can only be done by liers."
As I always say don't forget the Newtons law of Motion - Every thing which has gone up has to come down one day.

Here are a few ways to survive a stock market correction -

1. Don't Panic - Panic is not the solution to this. Instead invest wisely.
2. Don't indulge in frequent buying and selling - Frequent buying and selling wont give any thing accept a huge loss.
3. Stock Market recession should be seen as an opportunity. Recession is always termed as an opportunity as things are available at a cheaper rate.
4. Don't follow peoples advice where investment is concerned. Try and figure out things on your own.
5. Be confident in your decision. Make decisions after a detailed study , don't make any harsh decision.
6. Stop following even analyst and also stop following their crazy tips. They give tips of rs 1 stock which will become Rs 20 in a year or so a 2000% return. Fake , stop trusting them.
7. Don't look at your portfolio every now and then. This will give you nothing accept tension.
8. Being patient is a key to success.
9. Diversifying your portfolio. Recession is the best time to diversify your portfolio recession is the best time as things (stocks) you always loved are available at a dirt cheap rate.

Top 500 US firms' profits plunge 85% in 2008

Fortune magazine reported that Top 500 US companies have witnessed 85% fall in profits in half decade.
This is one major proof that recession is still intact and no one knows when it will end ?
Earnings dropped 84.7 per cent from the previous year, from 645 billion dollars to 98.9 billion dollars, marking the largest one-year decline ever. - Fortune.

In Fortune's latest annual listing of the top 500 US companies, energy and oil firms held three of the top four positions, led by ExxonMobil which snagged top spot from retail giant Wal-Mart. The retailer dropped to number two.
Chevron came in third followed by ConocoPhilipps and General Electric.
Automaker General Motors was sixth, despite being on the verge of bankruptcy, followed by Ford in seventh place.
AIG suffered the biggest drop in the standings, falling from 13th to 245th place.
Engineering firm URS was the biggest gainer, from 449th place last year to 264. (Source)

Recession effect on Intel - Profits dips 55%.

Computer-chip giant Intel reported a 55-per cent drop in first-quarter income Tuesday but said that it believed sales had bottomed out and that business was returning to normal.

The projection was significant because Intel's chips power the vast majority of personal computers, and the company's performance is often seen as a reliable predictor of the health of the technology sector. Other top technology bellwethers including Microsoft and IBM are also due to report their earnings in the next two weeks.

Intels first-quarter profit was $647 million, compared to a profit of $1.44 billion a year ago. In the same period, revenue dropped 26 per cent to $7.14 billion from $9.67 billion a year ago.

Though such results would usually signal a devastating performance, they were positively rosy in comparison to the 90-per cent drop Intel had in its fourth-quarter net income - which was among the three worst performances by the company in the last 25 years.

Intel fared worst in the Asia-Pacific region, where revenue was down 51 per cent. Revenue dropped by 21 per cent in the Americas, 18 per cent in Europe and 10 per cent in Japan. (Source)

PS - This means there is also a decrease in sale of Computers. Now blame it recession.

A positive side of Recession - Air India Saves 46 crores by implementiong fule efficiency programme.

Striving to become a 'green airline', Air India today said it has made savings of over Rs 46 crore in six months till this February by implementing several measures to enhance fuel efficiency.
The airline, in what started as a cost-cutting measure, achieved this by implementing a comprehensive range of measures to make each flight as environment-friendly as possible, minimising fuel consumption and carbon emissions and reducing noise levels.

In a bid to reduce weight of the aircraft, the airline has controlled in intake of water and even the weight of the food trolleys and magazines inside the plane.

Carrying of contingency fuel has been reduced from five to three per cent, with the crew tasked to comply with this move, the official said.

Fuel burn was being checked continuously through various methods. These include flying the aircraft on a straight flight path at an optimum height and speed. Via

PS - I would rather term this as a positive side of Recession as we got something new to see which saves cost and can directly benefit the travelers in future where air tickets are concerned.

7 Reasons to start a Business during Recession.

Here are few reasons why you should start a business during reason. I found them good now its all to you.

1. Everything is cheaper.
2. You can hire more and better-qualified people.
3. Suppliers are giving better credit.
4. You can get good PR by showing you are going against the trend.
5. You can buy everything you need at auction.
6. Be different and deliver what people demand during recession.
7. And Finally when you have lost your job you need to do some thing.

Over to you. What do you have to say ?

Five HOT business ideas which are HOT again.

Wondering why this is the title?
During 06 -07 few business which were neglected are now to be considered as unemployment is at all time high and people are tending to spend less.
Few ideas enlisted by Entrepreneur.com

• Meal assembly
• Baby boutiques
• Private jet travel
• Pet boutiques and grooming
• Home staging (via)
  

Tourists stay away from Incrediable India

Last year was unlucky for the tourist industry in India and also the world. First the stock markets globally fell like any thing and the second thing to happen was the terror attack on Mumbai premier luxury hotels Taj and Trident.
That's not all , tourists all over the world are stopping to spend money due to recession.
Many say Slum Dog Millionaire has also spoilt Indian image globally.

What if there are hardly any tourist visiting India in next 6 months?
Imagine the situation ?

Ways to short list the right stock for you.

Here are 7 ways to short list the right stock for you.

1. IS THE COMPANY’S MARKET CAP MORE THAN RS250 CRORE?
2. ARE THE COMPANY’S TRADING VOLUMES HIGH?
3. DOES THE COMPANY MAKE QUALITY DISCLOSURES?
4. DOES THE COMPANY HAVE OPERATING PROFITS?
5. DOES THE COMPANY GENERATE CONSTANT CASH FLOW?
6. IS THE COMPANY’S RETURN TO EQUITY (RTE) CONSTANTLY ABOVE 10% ?
7. IS THE EARNINGS GROWTH CONSTANT OR CYCLICAL? (via)

Whats my take on this -
A person should also not listen to others and invest he should ask questions to himself about the companies performance.
What I would like to add is that one should see the profits of the company (gross and net) later should check the growth potential of the sector (future potential) depending the time frame you want.
Just don't look out for all positive aspects also look out for the risk in the company and also in sector.

Its true that even after doing this you many not get a super gem of a kind but you will surely get a good company of future growth potential.
Investment in long term may only help.
Remember Recession are the best time to pick good stocks , start analysing them right away.

6 Companies started during recesion period.

Are you afraid of Recession ? See these six companies born during Recession time and their position and market now , you will understand the meaning of patience.
People think a recession is a bad time to start a company? Imagine if the founders of these major corporations had thought the same. via

Six Pack of Companies -

Company: Procter & Gamble
Founded during: The Panic of 1837

Company: IBM
Founded during: The Long Depression, 1873-1896

Company: General Electric
Founded during: Panic of 1873

Company: General Motors
Founded during: The Panic of 1907

Company: United Technologies Corp
Founded during: In 1929, amid the Great Depression

Company: FedEx
Founded during: The Oil Crisis of 1973

So what do you think about recession?
I Think recession times are the best time to start some thing new and innovative.
Recession should always termed as an best investment opportunities. Hat

8 things to do during recession.

Its recession most people are free as there is nothing to trade or else salary cut and so less on spending on luxury and comfort and worst case is that they have lost their jobs so nothing to do.
But one should not underestimate these recession times as they can last longer than the good times.

Is the US housing bubble responsible for all this mess?
The answer is yes to some extent and there is no use of sitting and crying.

There are few things you can do during recession times.

They are –

1. Firstly don’t see Business news channels all the time and also be away from stock tickers (Do not watch stock prices every now and then).

2. Keep your mind running, plan out new ideas. Research on stocks which you think are a value buy and accumulate them. Remember buy when others are selling and sell when others are buying.

3. Don’t sell just buy. Your long awaited bluechip stocks would be available at a dirt cheap rate. For me it is Unitech and Suzlon.

4. Don’t over trade – Some times even some quantity of day trade can get you a huge loss. So be careful and trade when you are confident.

5. Games can help – Play Poker and get some cash or else play some online game on stock markets say for example Money Bhai Investor from MoneyControl.com.

6. Read Books – Reading books can help you figure the economic situation at macro and micro level.

7. Save fuel. Rather than using your car or bike use public modes as it is cheap and economical. In fact you are just not saving fuel but you are saving your precious money.

8. At the end be away from loans. If you already have taken loan which is yet to be re paid don’t take a fresh loan again.

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