[Indian Current Affairs:668] Current affairs briefing for 8th November, 2008

Hi friends,

Thank you all for filling up the survey form.  Mr. Yusuf is done with his data collection and he thanks you all profusely for your feedback.  Let us hope the work he is going to turn out is going to be useful for all of us.  Let us all do our best to contribute to his endeavours in this regard.

Here we go with our link for today:  http://indiancurrentaffairs.blogspot.com/2008/11/08112008.html

In today's briefing:

1.  Ever wondered what is a forex swap line?  Many of you may be wondering about our penchant for forex and currency related issues.  We need to, because it is a matter of time that common people like you and me would be strongly impacted by the currency movements in the near future.  See what is happening to Japan and the US.  Common people trade in forex and currencies there.  A similar thing is bound to happen in emerging economies also in due course of time.  So, what is a forex swap line?

2.  The slow down is for real and the first ever signs of India Inc feeling the heat are in evidence on the employment scene.

3.  What would you say about the idea of India?  Ever formulated one?  Look at my views in the context of the probe into Malegaon blasts.

4.  I lifted whole / generous portions from an article on Kissan Credit Cards.  This is an interesting concept and is very vital for financial inclusion.

5.  Look at the poverty scene also in our country.  Very interesting readings from World Bank and the ADB.

6.  Bhutan has got a new King.  Time for me to wander back in time and reminisce about Yul Brynner's role in "King and I".  You should see such classics.  Haha.

That's it for today.  Happy reading.

Ramakrishna

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Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com

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