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Why has meditation been the core practice of all wisdom paths for over two thousand years? Because it is the most effective method to access your innate wisdom, rediscover inner peace and enhance your creative ability. Meditation restores well being, and once your being is well again, all that you do will be successful and fulfilling. But maybe you think you are OK as you are. Perhaps you feel your being is well. But is it. Do you feel tense, worried, hopeless, mentally tired, emotionally upset…ever? Then your being is not well. Your body may be OK but you, the being, is unwell. Medication is for the body, and meditation is for the soul, that’s you, and for your mind. Learning how to meditate is one of the greatest gifts you can give to yourself. Practising meditation says you care about yourself. Being in meditation can touch the minds and hearts of others a thousand miles away. It actually says that you care about others too. But first…your self.
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Finance Minister P Chidambaram today asked banks to gear up for the rollout of direct cash subsidy scheme to cooking gas (LPG) consumers throughout the country.
“I have asked them (bankers) to get ready for the rollout of LPG for the whole country,” Chidambaram told reporters after a meeting with senior PSU bankers here.
As a pilot project, the government has decided to give cash subsidy to LPG consumers under its ambitious Direct Benefit Transfer (DBT) scheme soon, and will cover 20 districts by May 15.
LPG consumers will get about Rs 4,000 per annum in cash from the government, and they will have to then buy LPG at market price of Rs 901.50 per 14.2-kg cylinder.
Currently, each consumer is entitled to 9 cylinders of 14.2-kg each at subsidized price of Rs 410.50. On each of this cylinder the government bears a subsidy Rs 435.
There are about 14 crore LPG consumers in the country. Regarding the second phase of DBT scheme to be launched from July in 78 districts, Chidambaram said: “They (bankers) have all said that they will be ready in the 78 districts”.
The Planning Commission would be holding meetings with the 78 district collectors.
“We have said the lead bank managers of 78 districts will also attend the meeting,” the Finance Minister said.
The government has already capped the number of subsidized cylinders at six per household per year, and beyond that a consumer has to pay the market price. However, some state governments are providing more subsidized cylinders and bearing the burden themselves.
The government expects that the DBT will eliminate all ghost LPG connections and diversion of cylinders.
In the first phase of DBT that started in January, 43 districts are being covered.
Under the DBT scheme, subsidies and other benefits are transferred directly into the Aadhaar linked bank account of the beneficiary.
The finance ministry on Friday made a strong case for rating upgrade of the Indian economy by global agency Fitch Ratings on the back of increasing investments, declining import of gold and the government’s commitment to fiscal prudence.
The issue of rating upgrade was raised by the ministry’s officials at a meeting with the representatives of Fitch in New Delhi. The meeting was attended by Department of Economic Affairs Secretary Arvind Mayaram, among others.
“Fitch raised concerns on how deficits will be met and how the government will be able to meet revenue targets. We said we are confident, gold import is declining and investment in our economy is going to start increasing,” a top official said.
The official further said the finance ministry also expressed confidence that the current account deficit would come down, as oil prices were stable and the rupee had been range bound.
“The Cabinet Committee on Investment (CCI) has approved projects worth Rs 70,000 crore in three months time. These are infrastructure projects and will have positive impact on cement industry and steel industry,” the official added.
The government had set up CCI, under Prime Minister Manmohan Singh, in December last year to accord fast track clearances to mega projects.
The Ministry officials also impressed upon the rating agency the resolve of the government to follow the path of financial prudence and bring down the fiscal deficit to 3 per cent of GDP by 2016-17.
Finance Minister P Chidambaram in 2013-14 Budget has proposed to bring down the fiscal deficit to 4.8 per cent from 5.2 per cent in 2012-13.
Besides, several reforms initiative like liberalising FDI norms for various other sectors, including multi-brand retail, was undertaken by the government to promote growth and investment.
The government also undertook partial decontrol of diesel and capped subsidised LPG cylinders, in a bid to check the rising subsidy bill.
Another rating agency Standard & Poor’s is scheduled to visit India on April 25.
Both S&P and Fitch had earlier threatened to downgrade India’s credit rating as an aftermath of the expansionary policy which led to a rising fiscal deficit. The fiscal deficit had touched a high of 5.8 per cent in 2011-12.
S&P rates India as ‘BBB-‘, lowest in the investment grade, with a negative outlook. Any further downgrade will push India’s rating to the junk status, making it difficult and costlier for Indian entities to borrow funds overseas.
After lowering India’s credit outlook to negative, Fitch had in August last year said the possibility of downgrading the country’s sovereign rating is more than 50 per cent in the next 12-24 months unless reforms are carried out.
Many people take to trading in the mistaken belief that it is the simplest way of making money. Far from it, I believe it is the easiest way of losing money. There is an old Wall Street adage, that “the easiest way of making a small fortune in the markets is having a large fortune”. This game is by no means for the faint hearted. And, this battle is not won or lost during trading hours but before the markets open but through a disciplined approach to trading.
1. A successful trader has a trading plan and does his homework diligently
2. A successful trader avoids overtrading
3. A successful trader does not get unnerved by losses
4. A successful trader tries to capture the large market moves
5. A successful trader always keeps learning
6. A successful trader always tries to make some money with
less risky strategies as well
7. A successful trader treats trading as a business and keeps
a positive attitude
8. A successful trader never blames the market
9. A disciplined trader keeps a cushion
10. A successful trader knows there is no Holy Grail in the market
As soon as men decide that all means are permitted to fight an evil, then their good becomes indistinguishable from the evil that they set out to destroy.
Whatever is in your heart that is not clean, not true, will ultimately begin to act like a wall, obstructing the natural flow of love. People who say that there is no love in their life, are being blocked by this wall. Actually there is love, but they just cant accept it. Ego is the clearest example of this. Ego limits the flow of love by placing conditions on the love you give and receive. Ego uses love to satisfy its own needs and desires. It produces a love which is deceptive, one which brings only temporary satisfaction. Ego does not allow you to experience true love or share it. If fact, ego is capable of destroying your ability to feel love altogether.
