Rupee fall against USD: How does this impact us?

 As we look day by day Indian Rupee (INR) is stumbling down against US Dollar (USD). On this Friday INR reached psychological mark of 65 against 1USD. What affect it cause to India, to our pockets in long term and short term. Does it make you richer or poorer with every slump INR gets? I would like to explain all that in this post.

Why Rupee is stumbling down

The one big reason of this fall is The Great China Stock Exchange Crash. Yes! This crash is as great as China’s Great Wall and Great Firewall. Since November 2014 to June 2015 Shanghai stock exchange received unprecedented growth and it rose by more than 50%. A lot of investment was attracted to China, unfortunately most of investment was borrowed money and thus creating the great bubble, which exploded taking investors to a loss of worth 3 trillion USD as Chinese government made a rule against Trading by Margin (which is investing borrowed money). Chinese government stopped bubble from expanding and in result it exploded resulting to loss more than Brazil’s or India’s annual GDP. It is many times than Greece debt. So it makes already slow China’s economy vulnerable get into a recession. So being India’s one of largest importer and exporter it impacted BSE too. So what Chinese thought to solving this mess is to do a currency devaluation (reducing the value of currency to make it more attractive to investments by reducing interest rates). So this may trigger currency wars in Asia as seeing the size of China’s economy loads of countries will be affected in result also driving them to currency devaluation as to stand in competition (Capitalism demands blood sire!).

          Thing to be noted currency devaluation is different from currency depreciation as devaluation is intentional by government whereas depreciation is due to external factors.

Why China faced slow economy growth

          If you plan to go to USA or Europe for a holiday tour and impress your relatives and friends by presenting them imported gifts, please cancel your plans. Your friends may laugh at you seeing MADE IN CHINA stickers. China’s economy is highly export dependent, and 2008 crisis decreased demand in NATO countries hereby triggering slow economic growth in China and Japan too.

          In 2005 our hero Raghuram Rajan have warned about this crisis due to wrong policies of central banks of different countries, but people were laughing at him that time. And when recession hit, he was laughing back.

          Well it was not only 2008 global financial crisis but sanctions against Russia and Greece crisis added more to it.

How does it affect India

                Different people give different theories; you better listen to Raghuram Rajan. As right now he hasn’t said much but soon in September we may expect his words. But right now listen to me. China may get into recession that may make India more attractive investment destination, as cheap labor it offers, some of which adroit in English and not forget highly unemployed. Rupee stumbling down makes USD stronger so better cancel plans to USA, better go to China for holidays. We are getting poorer as compared to USA but richer as compared to China. But they are already quite rich, we are just reducing the gap.

          It is great time for India to switch economic reform and let all money come here to make us prosperous. Our government highly willing to that but consistent foolishness showed by Congress in blocking crucial reform bills such as GST is driving investors desperate thereby a little chaos is seemed to come if these reforms do not come at time. I wonder why people bothered to give them those 44 seats.

          So in a short term this situation is making us poorer internationally, but don’t worry. As I said our hero Raghuram is at work. Hitting inflation hard, making it go to 5% in next spring. And good news is with Saudis not reducing oils supply and Iran also joining the field (as they thought oil production is better option than nuclear bombs), oil prices will fall and fall.  Whom to take benefit, India. So no doubt, India’s recovering economy will soon get stronger (provided that Magic of  Raghu keep working)  and soon high growth will touch India (provided that Rahul baba get some brains and stop obstructing parliament). In a long term, we are getting richer as loads of investments are coming to the land of rivers to build infrastructures and open the basket of jobs and entrepreneurial opportunities.

Make your CV better.

Designing your Curriculum Vitae is an art. Why? Because it is your personality transformed onto a piece of paper. Most of the questions are directly asked from the CV and those questions decide your fate. So it is very important for the right person to have right content in CV. So following tips I would like to suggest you based on my experience:

 

Make it Concise 

People appreciate those who are to the point, pithy, meaningful and concise. Its like mention your skills in keywords. Later I will give you more examples.

Make it Delightful to Read

How? It is your formatting skills. Practice will help you. My tip is, first make your CV and some days later analyze yourself, how it could be better. Be yourself interviewer and think what is needed to be improved. That is called self introspection. So never stop being better.

Originality 

Put only those material in your CV of that you can have proof. Example if you mention reading books as a hobby, try to predict all questions that can be asked. And only then mention it in CV if you're confident that you know everything that may be asked. My tip is, "Just be simple". Like I would choose a hobby like jogging which would give me as less as questions to be asked. Experience will tell you, practice will help you.

Be Optimistic

You may have some failures, some embarrassments or some wrong decisions in your career from which you may be asked a lot twisting questions. In that case, first accept your failures and find out what did you learn from them. A failure without a lesson is waste and can reduce your chances of selection. Bigger the failure bigger should be your hard work to overcome that. Take everything in a positive way. Think what good things those failures brought to your personality, how did they help you in being more productive. So modify your perception toward he failure.

Cover all Loopholes 

Directly come to example. Take any line from your CV, example your name. Form all possible questions that can be asked. Search the internet regarding those questions. e.g.

• what is meaning of your name?
• why this name for you?
• who is famous personality with the same?
• what qualities he possess and you don't?

Like that. Prepare for every question and that will give you a good edge over other candidates.

Strengths and Skills 

If I ask you to take a pen and paper and write about yours strengths, you would be very confused to do that if you belong to very normal category of students. As I already mentioned above you need to identify your strengths and how? I give you list of skills and qualities below. Just go through every one and ponder which quality you have the strongest. Try to take examples from your daily life behaviors to prove those:

Communication

• writes clearly and concisely
• speaks effectively
• listens attentively
• openly expresses ideas
• negotiate/resolves differences
• leads group discussions
• provides feedback
• persuades others
• provide well thought out solutions
• gathers appropriate information
• confidently
• speaks in public

Interpersonal Skills

• works well wih ohers
• sensitive
• supportive
• motivates others
• shares credit
• counsels
• cooperates
• delegates effectively
• represents others
• understands feeling
• self confident
• accepts responsibility

Organizational Skills

• handles details
• coordinate tasks
• punctual
• manages projects effectively
• meets deadlines
• sets goals
• keeps control over budget
• plans and arrange activities
• multi-tasks

Management Skills

• leads groups
• teaches/trains/instructs
• counsels/coaches
• manages conflict
• delegates responsibility
• makes decisions
• implement decisions
• enforces policies
• takes charge

Strengths

• Deterministic
• Learning Oriented
• Tenacious 
• Enthusiastic
• Spontaneous
• Quick decision making capability
• Flexible and adaptable
• identify, analyze and solve problems
• Reliable
• Strong work ethic and diligent 
• Gather, analyze and manages information
• self reliant
• self discipline
• persistent/resilient
• persuasive
• integrity

That is all I have today. I hope this will be helpful to you. Best of luck.

Reaching to the limits of Petty Politics

        As being a citizen of gigantic developing nation with exorbitantly growing population, very decent educated but unemployed men had voted for a development pro party to form a majority Government that would not only provide transparent governance but also speed up economy to provide jobs to millions. The hope from the government was at its highest point it ever have been after the independence, as dreams were shown a "Congress Mukt India" (Congress Free India) very commensurate to Gandhi's idea of "Bharat Chodo" (Quit India). But its is very ironic that the same congress has chose to remain consistent and block all the laws that could possibly bring good for nation.

        It is also very disheartening to see our voluble Prime Minister to articulate prestigious victories of Congress rule abroad but very taciturn when we need him to speak the most, to break his silence. To punish all those wrong doers whether in his cabinet or in any state of India. Better could have, if he had promised about his loyalty in elections time not his partymen's. Helping a accused is a big matter of concern and it may unmask many faces involved if honest enquiry is put on. Gone are those days of Vajpayee Sahib who could blatantly claim their party to be most honest. Modi should remember the words expressed to him by very Bharat Rtna he chose him to be, " Do your duty (Rajdharma) ".

      Congress is being senselessly blocking bills and maligning India's image among foreign countries as it is seeking vengeance. As our dear Late Former President APJ Abdul Kalam had said a day before his death, parliament impasse is very serious concern and there should be a structural change in parliament, parliament sessions should be arranged not based on  time but on volume of bills passed. And laws should be there avoiding obstruction of parliament working. Meanwhile Congress instead of reaching to the limits of petty politics it should gain its clout in India by constructive criticism of government and promoting for development of people. Leaders like Shashi Tharoor and Hamid Ansari can have imperative role in carving out a workable strategy of their party. 

Don't Leave now

it is time to go,
time has been passed so fast,
of that I surely know,
but I wished I would've lived last

moment I ever wanted to live
moment I ever dreamed while not asleep
it was the perfection
it was wisdom

but time is still there
just have to make a mouse click
or draw a arrow.
well that is not enough for that day.

time is still running
and we've to leave.
I'll miss this place
probably my college days.

learned so much here.
had fun so much here.
because this is the place
where I acted all my craze.

Wish, there is some one,
who say,"don't leave now."
I would throw my luggage and
say "I will, but How "?

but there are places
where I need to be
where people wants me to be.

they don't, but they will
it is not something I specialized
It is something I will beautify.

Oh Don't leave now
Oh don't leave right now.
 better visit this place regularly
but how?

May and tough summer

all started with the resentment
occurred due to failure in Sopra Ltd.
Sun was high and hot
last night was because tough and sleepless
and we were offered girls by a pimp
it was the way delhi was welcoming us
it was the weather that was warning us.
So both of us were down down
spiritually as well as physically.

Got the train to Ambala then.
slept in waiting room when,
went to cousin in the morning and had
fabulous time there.
she cooked too delicious reminded of my mother.
then I left and I left to Allahbad
 which was very bad, too bad.

could not sleep again and delhi again welcomed us with its rotting smell.
UP was a little bit better and caused not much resentment
but again faced failure at first step.
it was heart breaking but we glued it successfully.
Delhi again welcomed with its real picture
by showing a kid stealing a laptop of a teenager.
again very bad.

Now these are last days left in the sliet.
we have decided to live these with pride.
If I talk about band, performed well at one farewell
but very dreadful at the second, like driving to hell.
these last days of sliet.
project not completed yet.
mind is inventing shit.
prepared mind for defense but not sure
environment going to let me go where
there is something really wrong with us.
there is something called skill gap in us.
that we never wanted and never expected.
 

I love her eyes, the way she take herself
but feel afraid to tell again.
May be that don't go in vain
like the last time, may be I should do it again.
but I don't want to spoil my friend zone again.
friend zoned is what make me insane.
I am insane or I am lame
whatever Never gonna think this way again. 

heat is rising as the temper,
have selection really benefited us
or it is again playing a game.
Don't know what will happen again,
I'm confused but not lame.

Have to prove myself again.
it is not about just winning the game
it is about make a person out of me,
that is not over expected but that is what best of me.
that is what best for whole the world
people and genes residing in them.
it is just a game, that we're going to play only one time.
victory or defeat it doesn't matter.
matter what is we're making out of it.