From Lord’s to Lod
Israeli cricket’s passionate players
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PART 2:Propose that everyone be able to override their legislator on any vote – so we have hybrid direct -representative government. And we be allowed to fire people directly. Make em fear us. – And whats with all the cops. Cops – are basically an investment in closing the barn door after the horse is gone -sane people in prosperous commmunities do not need massive amounts of police. ======== Then we have the dillema of The middle class and poor are taking it from 5 ends right now – 1) Huge Government debt, we were freaked when it hit 1 trillion under reagan – now its hitting – 10 trillion – Whats the interest on 10 Trillion dollars. per person per day. we are getting close 2) Stagnant wages – combined with less free time – leading to worse quaity of life – and more screwed up kids. 3) Outsourcing – the number of white collar jobs leaving this country is staggering. 4) De-Industrialization – meaningless local economies. 5) Illegal immigration: Illegal immigration is a distraction. Every country which has poorer neighbors will attract migrants who will do its bottom tier jobs. AND WHOSE GIVING IT TO THEM: The Leadership of this country – who is more concerned in feathering their own nests than helping their country. It makes you want to line up against the wall. ============================ So Obama’s positions are all good: But unless we can get people in Government directly accountable with real feedback – WHat if we did -10% tax to random and +10% tax specify. Sunshine …
Turbines Too Loud for You? Here, Take $5,000
In Oregon, an energy company is offering checks to residents in exchange for signed waivers saying they will not complain about excessive noise from turning turbines.
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SAN JOSE, CA and NEW YORK, NY and OSLO, NORWAY–(Marketwire – February 9, 2010) – Cisco (NASDAQ: CSCO) and TANDBERG (OSLO: TAA) today provided details about the integrated product portfolio that will be unveiled after the close of Cisco’s voluntary public cash offer to acquire all outstanding shares in TANDBERG. Cisco and TANDBERG remain competitors until close. The companies anticipate regulatory approval in the first half of calendar year 2010.
Cisco and TANDBERG believe that competition and industry expansion is best fostered through open standards and interoperability. Following the close, Cisco will create an open architecture that provides greater interoperability with TANDBERG and third-party systems. This integrated architecture will extend valuable features to customers such as One Button to Push and Continuous Presence, as well as integration with leading unified communications platforms.
The companies reiterated previously announced plans to form a Cisco TelePresence Technology Group that will retain and build on product lines from both companies once the transaction closes. The TelePresence Technology Group’s integrated portfolio will consist of the following product groups:
Immersive TelePresence: The flagship Cisco TelePresence System 3000 series, including the Cisco TelePresence System 3000/3010 and Cisco TelePresence System 3200/3210, will continue to serve as the optimized experience for scalable deployments. The TANDBERG Total Telepresence Solution, including the T3 and T1, will serve as the adaptive experience for a range of solutions including customized deployments. Shortly after completion of the acquisition, Cisco will deliver high-definition, immersive, multiscreen interoperability between these systems and other multiscreen systems.
Multipurpose Room Systems: TANDBERG’s leading Profile Series will continue to deliver a broad range of options for customer choice in the meeting room, and the Cisco TelePresence System 1300 will complement the offering with a virtual in-person experience in a multipurpose conference room.
Personal Systems: The strong portfolio of TANDBERG personal systems will remain, as will the Cisco TelePresence System 1100 and Cisco TelePresence System 500. The unified set of products will meet the needs of individuals in the office, at home, and on the go.
Platform Portfolio: TANDBERG’s C-series, MXP codecs, set-top systems, and PC video and high-definition cameras will serve as the foundation for extensive integration options. These offerings will continue to be available to integrators and their customers who choose to purchase customized systems that interoperate with current and future Cisco, TANDBERG, and third-party systems.
Infrastructure: Both companies’ entire line of infrastructure products will continue to be available to integrators and customers. This includes, for example, the industry-leading Codian Multipoint Control Units (MCUs). The joint infrastructure portfolio will form the basis of the Cisco TelePresence architecture, will provide improved interoperability with competitive solutions, and will enable intercompany services and integration with Cisco’s and other companies’ digital media and collaboration solutions.
TelePresence as a Service: Cisco TelePresence Exchange and Cisco TelePresence Public Suites offerings will continue to provide the ability to securely and scalably connect across organizational boundaries. Today, many service providers across the globe work with Cisco to deliver intercompany services that connect Cisco and other companies’ endpoints.
In addition to product group announcements, it has also been determined that the TANDBERG sales and channels organization will become a specialist sales team within Cisco after close in order to assure customers they will continue to benefit from the same trusted relationships they currently enjoy with Cisco or TANDBERG representatives.
Cisco (NASDAQ: CSCO) is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Information about Cisco can be found athttp://www.cisco.com. For ongoing news, please go to http://newsroom.cisco.com.
Cisco, the Cisco logo and Cisco Systems are registered trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.
This document is Cisco Public Information.
TANDBERG is the leading provider of telepresence, high-definition videoconferencing and mobile video products and services. The Company has dual headquarters in New York and Oslo. TANDBERG designs, develops and markets systems and software for video, voice and data communication. The Company provides sales, support and value-added services in more than 90 countries worldwide. TANDBERG is publicly traded on the Oslo Stock Exchange under the ticker TAA.OL. Please visit www.tandberg.com for more information.
This release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including Cisco’s intention to make a compulsory acquisition and to proceed with an application for a de-listing of the shares. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including, among other things, obtaining regulatory approval of the acquisition, the potential impact on the business of TANDBERG due to the uncertainty about the acquisition, the retention of employees of TANDBERG and the ability of Cisco to successfully integrate TANDBERG and to achieve expected benefits, business and economic conditions and growth trends in the networking industry, customer markets and various geographic regions, global economic conditions and uncertainties in the geopolitical environment and other risk factors set forth in Cisco’s most recent report on Form 10-Q filed with the SEC on November 18, 2009. Any forward-looking statements in this release are based on limited information currently available to Cisco, which is subject to change, and Cisco will not necessarily update the information.
What is competitive intelligence?
“A formalized, yet continuously evolving process by which the management team assesses the evolution of its industry and the capabilities and behavior of its current and potential competitors to assist in maintaining or developing a competitive advantage” (Prescott and Gibbons 1993). CIP tries to ensure that the organization has accurate, current information about its competitors and a plan for using that information to its advantage (McGonagle & Vella, 1990)
Competitive Intelligence Different Than Business Espionage.
CI uses public sources to find and develop information on competition, competitors, and the market environment (Vella & McGonagle, 1987). Unlike business espionage, which develops information by illegal means like “hacking,” CIP uses public information – all information that can be legally and ethically identified and accessed.
Determination of Competitive Intelligence Information Needs
Effective implementation of its CIP requires not only information about the competitors, but also information on other environmental trends such as industry trends, legal and regulatory trends, international trends, technology developments, political developments and economic conditions. The relative strength of the competitor can be judged accurately only by assessing it with respect to the factors listed above. In the increasingly complex and uncertain business environment, the external [environmental] factors are assuming greater importance in effecting organizational change. Therefore, the determination of CI information needs is based upon the firm’s relative competitive advantage over the competitor assessed within the ‘network’ of ‘environmental’ factors.
Competitive intelligence is usually composed of five major areas of endeavor
Assessment of strategies
Effectiveness of current operations
Long-term market prospects
Strategic intelligence is concerned mainly with competitor analysis or gaining an understanding of a competitor’s future goals, current strategy, assumptions held about itself and the industry, and capabilities — diagnostic components.
Tactical intelligence is generally operational and on a smaller-scale, not so centered on being predictive.
Counter intelligence is defending company secrets. Every firm has competitors as interested in knowing your plans as you are in knowing theirs, maybe even more so.
CI is focused on decision-making
Seldom do people realize that business, just like life is merely a series of decisions. And global firms have a growing need for the necessary information on which to base decisions concerning the conduct and development of each of their firm’s strategic objectives, and the protection of their organizations against threats from their competitors.
The Cycle of Competitive Intelligence
There are five steps, which constitute this cycle:
Planning and direction
Collection and research
Processing and storage
Analysis and production
Dissemination and delivery
Making a difference – a small group of women helping other women in need
Needed: Hospital Totes For Expectant Birthmothers
Among the tall old oaks in quiet little community of Penn Valley there is a very busy office of women and volunteers, working to help expectant women considering adoption with needed items and services. Helping women that are in real need, have little of their own, but are giving a lot for their children’s future is important to me and the work I do, my job is very satisfying states Diane Shafter working at her desk surrounded by over a hundred little photos of babies she has helped find adoptive homes for. In the last 10 years. Adoption services have more than tripling since our economy has become tighter with adoptions increasing each month. these requests for help from women the local adoption center, Lifetime Adoption is seeing more women with older children, toddlers as well as an increase in sibling groups seeking help in finding permanent adoptive parents and a secure future for their children “it takes time and patience to help women determine on their own what they want and need for not only their children but their lives” states Caldwell, the founder of Lifetime Adoption, and an adoptive parent herself.
The kindness comes from the heart of the people at the center and volunteers that contribute toiletries and basic need items to women, many that have nothing some have only a paper bag in place of suitcase or purse to take with them to the hospital when they give birth. These special hospital totes were first created by the women that work at the center, and so become popular and appreciated by the women receiving them that others make them and send them in to us. They are sent out to local women and as far away as the east coast to pregnant women calling for assistant as they face a tough economy and an unplanned pregnancy. The demand is greater than want we can make up.
Michelle is a 20 year old with one child already and lost her job after Christmas, only a week after she found out she was pregnant. “I feel bad about my situation, my son needs more and so does this baby. I’ve always worked, but with being pregnant everything goes to just us surviving, I appreciate everything lifetime has done to help me and the nice tote and the things for my son, it made me cry”
It is sad to see so many people facing the need to place a child in another home, after 23 years of adoption work, stated Mardie Caldwell, Founder of the adoption center located in the Penn Valley. This increase in adoptions is was very common; history has shown that when the economy is tough adoptions go up. It has been that way forever. It is so much better than 50 years ago when children were abandoned out of lack of services and women had little choices, now with open adoption, women can also chose the adoptive parents and stay in touch with them after the adoption. Not all the women are going to chose adoption but we want to help as many as we can to help them stabilize them and to allow them to make the right decision about their lives and their child.
The women that are coming to us about adoption are doing it because they do love their children. It is not selfishness; it is out of wanting their children to have a stable family and home life, when they are not able to provide one at this time or in the near future.
Teen volunteers and staff generously filled up over 75 of these special hospital totes, as well as adding needed maternity clothes, kids’ toys and other items to help add some cheer, when kindness and thoughtfulness is much needed. Some of these girls don’t have maternity clothes that fit even to leave their home if they have a home; all donations are turned around quickly and sent out.
“It is not uncommon to send out 8 to 10 of these packages some days” states Caldwell. “The need is increasing, not decreasing, we are finding more calls are coming in day and night, and we are now opening our center on Saturday’s to keep up with the requests, paperwork and incoming phone calls to the adoption answer line. “We have also just added 25 additional incoming phone lines. The adoption center is different that other adoption organizations, as it doesn’t receive any state of federal grants, or subsidies, The 501 ( c ) 3 foundation depends on donations from others, but is self supporting, and depends on fund raisers and adoptive parents and their families to help out. This makes it easier to get things done but keeps us very busy, we have to depend on good planning, donations, and volunteers and not the government to help us. This is a good thing. We have always been self supporting and this has benefited us when other organizations have only depended on the government, we are hard working with fund raisers.
Lifetime Adoption also has a small food closet that is filled by donations as well from generous donors. All of these items are part of the birth mother blessing that allows others to reach out and touch women and children that they will never meet in person but knowing that 100% of their donations is going to the recipient, is key to most donors when looking for a charity.
Many of the hospital totes are sewn and assembled at the center and clothing are distributed throughout the year. If you would like to contribute to sewing totes from your home or contributing toiletries, maternity clothes please visit:
Or mail your items to:
Birth Mother Blessings
C/O Lifetime Adoption Center
17860 Cattle Drive, Penn Valley California 95975
To reach Lifetime by phone call 530 432-7373
Or women considering adoption may call the toll free adoption answer line 1 800 923-6784 24 hrs/7 days a week. Or 530 271-1740
Microfinance Helps the Poor to Help Themselves and Banks to Prosper, Says Turner Investment Partners Commentary
BERWYN, Pa.–(BUSINESS WIRE)–Microfinance lending benefits the poor in developing nations as well as the global economy, finds Turner Investment Partners in their latest Sector Focus commentary.
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Sustainable Actions for a Sustainable Future 2009 Public Affairs Conference Missouri State University Alex de Sherbinin is a senior research associate at the Center for International Earth Science Information Network (CIESIN), an environmental data and analysis center within the Earth Institute at Columbia University. de Sherbinin is a geographer whose research interests focus on the human aspects of environmental change at local, national and global scales. He has written peer-reviewed articles, chapters and reports, addressing population dynamics and the environment, remote sensing applications for environmental treaties, social science applications of remote sensing, environmental indicators, climate change vulnerability, consumption impacts on the environment, environment and security, urban sustainability, land-use and land-cover change, and community-based natural resource management. Prior to joining CIESIN, he served as a population-environment fellow with the Social Policy Program of IUCN-The World Conservation Union, Gland, Switzerland, and a population geographer at the Population Reference Bureau (PRB), Washington, DC He also served as a Peace Corps volunteer in Mauritania, West Africa.
It took some time for policymakers and analysts in India to recognize both the speed and the intensity of the effects of the global crisis on India. Indeed, there were arguments that India, along with China, is “decoupled” from the global system and capable of becoming an autonomous growth pole, based on its recent high growth from a low per capita income base, and a young population leading to falling dependency ratios. In addition, the “strong” domestic financial sector was also seen to be immune to shocks from the international financial system. However, it turns out that this presumption was wrong, and even involved a faulty assessment of the previous boom. Recent high economic growth in India was fundamentally dependent upon greater global integration and related to the deregulation of finance combined with fiscal concessions that spurred a consumption boom among the top two deciles of the population, especially in urban areas, even as deflationary fiscal policies, poor employment generation and agrarian crisis kept mass consumption demand low. The substantial rise in profit shares in the economy and the proliferation of financial activities combined with rising asset values to enable a credit-financed consumption splurge among the rich and the middle classes, which in-turn generated higher rates of investment and output over the upswing. This was, therefore, quite similar to speculative bubble-led expansion in several other countries in the same period. This also made the growth process more vulnerable to internally and externally generated crises.
By the middle of 2008, even before the global crisis really hit India, this process too was reaching its limits. The crisis made matters much worse by causing sharp declines in exports of manufactures and reversal of capital flows such that both current and capital accounts of the balance of payments have worsened. The macro issues have been much commented upon, but the specific impact upon certain groups has been much less widely noted. The crisis has been accompanied by changes in employment and relative prices that have adversely impacted especially upon three sections of the population that were already very vulnerable: cultivators, migrant workers and home based women workers. In addition, it has sharply affected food insecurity which was already a problem in the country
The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. In the 19th and early 20th centuries, many financial crises were associated with banking panics and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises and sovereign defaults. The current financial crisis is the worst of its kind since the great depression of 1930s. It becomes prominently visible in September 2008 with the failure of several large us-based financial firms. The global financial meltdown has spelt disaster for the world economy in general and for the US and the European economies in particular. But surprisingly when world’s developed economies are suffering, there the developing countries like India and China are still spending money in many projects. Do we need to believe that Indian growth story is over? The answer is a big no. India is still to enter its golden phase of growth. This is the time for India to march on and look for opportunities to make its presence felt on the global economic map.
THE INDIAN APPROACH IN CURRENT SCENARIO
Today India stands erect to face this financial crunch with many advantages and strengths. One of the major strength is its nuclear technology which will aid India to battle out its biggest problem-power.
Cautioning against the use of word “recession” for Indian economy, Finance Minister P Chidambaram says India’s growth would moderate in this difficult year, but would still be second-fastest in the world at the rate of 7-8 per cent. According to him a recession is defined as two successive quarters of contraction of GDP. He wishes to emphasize that India is nowhere near a recession. We may expect a moderation in growth rate in the current year to a level between 7 and 8 per cent. India would still be the second-fastest growing large economy in the world Chidambaram says.
Giving a positive projection on the country’s economic scenario, P.M Manmohan Singh said India could regain its annual growth rate of 8% to 9% as the world’s economy could recover partially the present crisis by September this year.
According to the Planning Commission Deputy Chairman, Montek Singh Ahluwalia, The global financial turmoil will not have any significant impact on the country’s financial system as India is not exposed to the new and innovative financial instruments that triggered the meltdown. We have not been as exposed to these new and innovative instruments, which have been the source of financial distress internationally… So the direct impact on the Indian financial system is not going to be significant at all.
There will be indirect effect As regards to India, the country is fortunate to have large foreign exchange reserves and hence it would be able to tide over any short-term disruption in capital inflows. The strengths of the Indian economy are substantial and capital inflows would eventually resume the normal course. As far as economic growth is concerned, the downturn in the world economy is going to have an impact on India and unlike the last year, the country would not get 9 per cent growth rate during the current fiscal. Still, the growth rate could fall below 8 per cent at 7.7 per cent, as predicted by the Prime Minister’s Economic Advisory Council.
POSITIVE IMPACTS ON INDIAN ECONOMY
Emergence of a new economy
Perhaps this is the first time during such crisis period when world’s big economies like US is struggling to overcome this situation India was able to invest money for launching of chandrayaan-1.This is the time when world’s most powerful economies are suffering more than Indian economy. It affected developed country economies more than developing country’s economy. In USA Lehman Brothers has filed for bankruptcy, Merill Lynch has emerged with Bank of America, Washington Mutual Operations are being apprehended by FDIC and Wachovia is being auctioned by Citigroup .In comparison to such terrific conditions India is in a better place. It is worth underlining that we have a number of companies still reporting successes at this time. Some of the businesses bucking the trend at this stage have diversified into a number of areas and others have exposure to export markets. Whilst overseas markets are increasingly tough, but the businesses have been able to benefit from the weakness of the money value which has allowed exporters additional competitiveness with their international trade.
Expose of weaknesses in the economy
The major role of financial crunch is that it exposes the political, structural and financial weaknesses of an economy. It explores efficiency in the financial market, transparency and accountability of new or reformed organizations, opportunity for creating new jobs and technologies, sufficient fund for investment in R&D innovation and education.
During the financial crisis period, the extent of sufferance of an economy shows its weaknesses. Because if the rest of the world gets disturbed and capital flows and liquidity shrinks, there is bound to be spillovers not just on India but all over the world.. Regulators are trying to assess the situation and taking steps to insulate their economies from the unnecessary shock. The fact that we have not been affected reflects the merit of proceeding slowly. We have actually been reforming very slowly and gradual pace of reforms has some advantage and we should continue with that pace. India should endeavor to make the regulatory system more sophisticated to ensure that the country does not run into regulator gaps that precipitated the present global financial crisis. Our country pursued economic reforms in a calibrated manner and escaped the fallout of global financial crisis. So these expose of weaknesses will definitely help India’s fast growing economy in the long run.
Cost stabilization in real estate market.
Confederation of Real Estate Developers Association of India ( CREDAI) and National Real Estate Development Council (NREDC), both builders association with around 3500members each across the country, have appealed the members to slash prices of their proporties.Builders feel that cutting down prices will spur buyers and restore confidence. This development will enable middle-class families to think of having their own homes as owning a house had become a distant dream because of unrealistic rise in real estate properties. By developing middle-class families it is for sure that Indian economy will be affected positively in long run. Because in comparison to any other country Indian middle-class families are significantly improving in monetary measures.
Rationalization of Salary Structure in IT Industry
This financial crisis will have a positive impact on the IT industry. This sector has seen an unprecedented rise in salaries and increments. But with this financial crisis this cannot go further. No economy can afford 25% to 30% salary hike per industry per annum. So now IT industry slowdown will ensure better quality of work and also prevent attrition. Today the IT professional will think twice before changing their jobs. Along with it funds spent on recruitment, training and development and retention of man power will come down considerably. Earlier the scene was quite different. With that lucrative growth rate of salary structure, IT professionals were changing jobs frequently. It had a bad impact on the job culture of the industry in particular. Frequent change of jobs also affected the overall productivity of the industry. But now the scene is totally reverse in nature. As a result of this financial crisis professionals are not only in favor of changing the job but also ready to work more with the same salary with the objective to keep his job secure. Definitely it would help in the improvement of this sector as well as the productivity of the IT industry.
Performance Appraisal is gaining ground
Today’s businesses are under a great deal of pressure to perform. With increasing customer expectations, global competition, costs of goods and services and above all because of financial crisis, many companies struggle to meet profit forecasts. As a result, companies are beginning to discover the powerful link that exists between employee performance and financial success. Many companies are relying more heavily on human capital to address consumer demands while lowering operating costs, and improving financial position. Deploying employee performance appraisal programs that lead to measurable improvements in employee performance can provide the human capital leverage companies need to overcome many of today’s business obstacles.
Earlier as the job opportunity was more for the people; the role of performance appraisal was less. To understanding how efficient your employees perform was critical to your business. Every year, thousands of businesses were losing millions of dollars in revenue due to inefficient employees. Now as this financial crisis arises everyone is trying to save one’s job. Watching the changed job environment use of Performance Appraisal is gaining its ground day by day. As a result, everyone is ready to give his 100% to his job. Fear of losing the job improves the performance of the employees as a whole.
Austerity is the targeted path
Today Warren Buffet advice of austerity is practically followed by many countries. Cost cutting seems to be the sole solution to this contemporary problem. Starting from Govt. sectors to big private corporate sectors, cost cutting is there everywhere. Earlier when big MNCs were spending recklessly for promoting their business where staff luxury was of major portion, today they are taking a second thought before spending a single penny.
Splurge will no more be the watchword and greed will no more be good in corporate parlance. Financial crunch will force the companies to eliminate all forms of wastage and follow an austerity regime. India’s greatest ability and strength is its tolerance and ability to adapt to difficult situations. It is now trying to tackle the issue of panic resulted out of depression and then pump massive amount of liquidity and confidence into the system. India’s population plays the most crucial role here
Best place for outsourcing
“It is time to open up banking and insurance sectors for further foreign direct investments as multinational insurers and bankers are willing to invest more in India. There is a talk that FDI limit in insurance might be hiked to49%. And this time is the best time to do it”, Prabhu Guptara, Executive Director, Think-Tank of United Bank of Switzerland (UBS).
According to Obama Govt. US’s priority would be given to curtail costs, which would include cutting wage expenditure and there by outsource work to countries like India.
In view of high credibility, Indian banks should also expand retail and other businesses abroad. There is also a need for more innovative products and global competitiveness.
India continues to be the best place or top destination for outsourcing. Two factors are responsible for it. First when it comes to salary costs India is extremely competitive, second Indian outsourcing firms have now matured into true global companies that can offer best services at competitive prices. India is coming under the list of top outsourcing destinations with China, Brazil, Mexico, Malaysia and Chile. India has the second lowest Its-BPO salary base of $7,500-$8500 followed by China. Another advantage of India in this section is that India is having one of the largest producers of English-speaking graduates including management and engineering graduates. Such a huge number of graduates will definitely result in offering higher value-added services to the customers. Which is very weak in china as the number of youth is less here. . Today having the maximum no of youth our country is ready to adapt to this situation. Efficient young personnel are India’s greatest asset here.
Opportunities for International trade.
When looking in particular at International Trade, there are huge opportunities for when the world economy begins to grow again and demand returns to foreign markets. The competitive position of Rupees only adds weight to the potential that can be realised.
Today countries all over the world are interested for trading with India. It will have a great impact on our foreign fund reserve and forex market.
While it is uncertain how prolonged and deep the recession will be, it can be said with certainty that demand, and subsequently growth, will return. It is therefore imperative that, when this happens, policymakers have a recovery plan in place. This plan should act to foster growth in the short-term and lay the foundations for economic stability in the long-term. There is currently a high level of activity amongst the business support community with a key focus on ensuring businesses survive the downturn. A challenging and critical focus on the basics, or fundamentals of businesses, is likely to give local companies the best chance of survival over the next year.
The growth of the public sector and the narrow reliance on financial services for growth needs to change, with manufacturers and exporters having particular attention paid to them. After watching so many positive points we Indians can ourselves that we are quite in a safer place in comparison to many developed countries economy. To conclude lets hope for a stronger India by rectifying all its economic weaknesses after this so called financial crunch.