Tuesday, December 9, 2014

Scientist Predicts 60% Market Collapse

Chris Martenson is a world-renowned expert on identifying dangerous, yet hidden, exponential growth patterns in global economies, energy demand, and food consumption...

And he is predicting a 60% STOCK MARKET collapse will strike in the next three months.

Martenson’s opinion isn’t to be taken lightly, as his research is highly regarded by the United Nations, UK Parliament, and Fortune 500 companies.

His shocking forecast is based on a new alarming pattern he’s identified — he’s calling it “a dreaded triple top” (pictured below). 




he first “top” was in 1999, followed by a 60% market decline. The second “top” was in 2007, again followed by a 60% market plunge. And a third top has now formed, and a 60% STOCK MARKET drop is inevitable - and it could strike at any moment.

In a recent interview, Robert Wiedemer — an economist best known for correctly predicting the collapse of the U.S. housing market of 2006 and THE STOCK MARKET collapse of 2008 — provides disturbing evidence for 50 percent unemployment, a 90 percent stock market crash, and 100 percent annual inflation . . . starting this year.

Wiedemer says the blame lies squarely on those whose job it was to avoid the exact situation we find ourselves in, including current Fed CHAIRMAN Ben Bernanke and former Chairman Alan Greenspan, tasked with preventing financial meltdowns and keeping the nation’s economy strong through monetary and credit policies.















Thursday, November 13, 2014

Himalaya International

Himalaya International

BSE: 526899

One of the India's foremost diversified Agribusiness Company Himalya International was formed in 1979. Having the advantage of India's first frozen food company Himalya always tries to satisfy not only the ravenousness of food but much more than that. We offer an easy solution with a wide array of great tasting, quick to prepare all natural frozen foods. Pioneer in the multiple instances, Himalya has incessantly rejuvenated itself, only to become more preferred.
Nestled in the lap of Himalya we have the gratification of purest of all the natural resources. Squad of 500 people all having expertise in agriculture management, plant pathology, storage, farm mechanization and all with the view of making the food taste you cherish. On its 25 acre complex Himalaya has four complementing production units.
CMP 11.17 , BUY FOR A TGT OF 50++ IN NEXT 4-5 YEARS .

Wednesday, July 16, 2014

U.S. to Be Free from Foreign Oil by 2030:

By Morgan Korn Daily Ticker

According to the company, carbon emissions will increase 28 percent by 2030, a dire forecast for those trying to reverse the effects of climate change. Moreover, renewable energy sources — such as wind and solar — will contribute less than 10 percent of global energy output in the coming years despite growing at least eight percent a year between now and 2030.

The growth in emerging economies like China and Brazil will lead to a 39 percent increase in global energy demand by 2030, BP forecasts. China will become increasingly reliant on foreign oil, importing as much as 80 percent of its oil needs in the next 20 years. But it would be second to Europe, which is expected to import 94 percent of its oil and 80 percent of the natural gas it consumes. India could very likely take in 91 percent of its crude oil from abroad.

Alternatively, the United States could become almost entirely energy independent by 2030, says BP. As the country expands its domestic natural gas production, the U.S. will buy less foreign oil, causing imports to fall to levels not seen since 1990. Natural gas production has come under intense scrutiny because of its environmental risks. The drilling process used to bring the gas to the surface is widely known as "fracking" and it involves pumping sand, chemicals and gallons of water underground to break apart the rock and release the gas. The Obama administration recently gave a stinging rebuke to the industry by rejecting the proposed Keystone XL Pipeline, which would have brought700,000 barrels per day of supply from Canada's oil sands projects to refineries on the U.S. Gulf Coast. In last month's State of the Union Address, Obama said he supported natural gas investment but pressed for more regulations to ensure the safety of natural gas drilling.

"We have a supply of natural gas that can last America nearly one hundred years, and my Administration will take every possible action to safely develop this energy," Obama said in his address. "Experts believe this will support more than 600,000 jobs by the end of the decade. And I'm requiring all companies that drill for gas on public lands to disclose the chemicals they use. America will develop this resource without putting the health and safety of our citizens at risk."

The U.S. has been pursuing energy independence since the 1973 Arab oil embargo forced a shortage of oil imports and caused gasoline prices to skyrocket at the pump. Bloomberg reports that the growing U.S. energy industry could fulfill the country's energy demands in 20 years. Natural gas production has increased 11 percent from 2007 to 2010 and domestic crude production has risen to 5.7 million barrels a day - its highest output in eight years, according to the U.S. Energy Department.

BP predicts natural gas will be the fastest growing fossil fuel by 2030,growing 2.1 percent per year. Energy from coal will increase by 1.2 percent each year, contributing more than 25 percent of total energy output by 2030.

Daniel Yergin, the Pulitzer-prize winning author of "The Prize" whose new book "The Quest" explores energy security, renewable sources and the world's shrinking oil supply, says the North American energy production revolution taking place could alter the marketplace forever.

You've got a Western Hemisphere that by 2030 may not be importing any oil from the Eastern Hemisphere," Yergin tells The Daily Ticker's Aaron Task in the above video.

Yergin says even as the U.S. and other North American countries reduce their imports of oil and become more energy efficient, countries like China and India are consuming more energy as their citizens enter the working class and can afford Western luxuries like a personal car.

"While they [China, India] are increasingly concerned about climate change, they're more concerned about economic growth and poverty in their countries," he asserts. "They both rely heavily on coal and will increase their consumption of coal. This growth in greenhouse gases is riding on the back of global economic growth."

Monday, July 14, 2014

What is full form of GAAR ?  or What is GAAR ?
 The full form of GAAR is : General Anti-Avoidance Rules

What is GAAR in simple terms ?
 Tax Avoidance is an area of concern across the world.  The rules are framed in different countries to minimize such avoidance of tax.  Such rules in simple terms are known as  " General Anti Avoidance Rules "  or GAAR.   Thus GAAR is a set of general rules enacted so as to check the tax avoidance.
  
Why News for GAAR has been prominent in India in recent times ?
News for GAAR has been in prominence in last few years as Indian Government has taken initiative to introduce GAAR or General Anti Avoidance Rules with a view to increase tax collections.

GAAR in India  (Chronology of GAAR controversy in India)
In India, the real discussions on GAAR came to light with the release of draft Direct Taxes Code Bill (popularly known as DTC 2009) on 12th August 2009.  It contained the provisions for GAAR.  Later on the revised Discussion Paper was released in June 2010, followed by tabling in the Parliament on 30th August, 2010, a formal Bill to enact the law known as the DirectTaxes Code 2010.  The same was to be made applicable wef 1st April, 2012.   However, owing to negative publicity and pressures from various groups, GAAR was postponed to at least 2013, and was likely to be introduced alongwith the Direct Tax Code (DTC) from 1st April 2013.   Moreover, an Expert Committee has been set by Prime Minister (Manmohan Singh) in July 2012 to vet and rework the GAAR guidelines issued in June 2012.   The latest reports (September 2012) indicates, it may not be implemented even for 3 years i.e. this will be postponed for 3 years (2016-17).   Some of recent developments about GAAR are :-
   
    (a) 16th March, 2012 : Finance Minister, Pranab Mukherjee takes a tough stand and announces that the government will crack down on tax avoidance effective from fiscal year 2012-13
    (b) 7th May, 2012 : Finance Minister, Pranab Mukherjee forced to eat his words and agreed to defer GAAR by a year as his announcements spooked oversea investors
    (c) 28th June, 2012 : Finance Ministry releases first draft on GAAR;   There is wide criticism of the provisions.
    (d) 14th July, 2012 : PM, Manmohan Singh, forms review committee under Parthasarathi Shome, for preparing a second draft by 31st August and final guidelines by 30th September, 2012

    (e) 1st September, 2012 : Shome Committee recommends to defer GAAR by three years.   It also recommends some more investor friendly measures
    (f) 14th January, 2013 : GoI partially accepts the recommendations of Shome Committee and has decided to defer the same for 2 years and will now be effective from the year 2016-17

Tuesday, June 17, 2014



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