It was if they were lovebirds, publicly flaunting plans for a long-anticipated rendezvous.

“I am eagerly awaiting your arrival in Kyoto this weekend,” Shinzo Abe, Japan’s prime minister, tweeted last week to Narendra Modi, his Indian counterpart, after declaring, “India has a special place in my heart.”

Previously, Mr Modi tweeted he was “particularly excited to meet” Mr Abe, stressing his “warm relationship” with the Japanese premier. Mr Modi is one of just three people Mr Abe follows on Twitter.

The Twitter exchange was a prelude to a big bear hug on Saturday, as Mr Modi, with a high-powered Indian business delegation in tow, began a five-day visit to Japan aimed at taking take his blossoming relationship with Mr Abe to the next level.

Saturday’s clinch outside the Kyoto State Guest House was remarkable for two reasons. Mr Abe, who normally receives dignitaries in Tokyo, had made a special trip to the ancient Japanese capital in what Kyodo news agency described as “an extraordinary gesture of welcome.” >> Read More


1.Treat trading as a business.
2. Get someone to keep you on track.
3. Review your trades.
4. Set reasonable trading goals.
5. Tackle the easy problems first.
6. Review your performance.
7. Make trading rules and keep them visible at all times.
8. Make a trading plan.
9. Make a game plan.
10. Have a trading strategy to follow.
11. Ask yourself before every trade, “Is this the right thing to do?”
12. Do your homework.
13. Work hard to improve.
14. Use hypnosis.
15. Just do it.

Trading happiness

31 August 2014 - 10:54 am

“I spend my day trying to make myself as happy and relaxed as I can be. If I have positions going against me, I get right out; if they are going for me, I keep them.”

Paul Tudor Jones

A loss never bothers me after I take it. I forget it overnight. But being wrong – not taking the loss – that is what does damage to the pocketbook and to the soul.”

Jesse Livermore



India’s external debt rose $31.2 billion (or 7.6 per cent) to $440.6 billion at end-March 2014 over the level at end-March 2013, on the back of increased flows of long-term deposits from non-resident Indians.

The surge in NRI deposits reflected the impact of fresh FCNR(B) deposits mobilised under the swap scheme during September-November 2013 to tide over the difficult BoP situation in the initial parts of the year, data released by the Reserve Bank of India showed.

At end-March 2014, long-term external debt stood at $351.4 billion, showing an increase of 12.4 per cent from the end-March 2013 level. At this level, long-term external debt accounted for 79.7 per cent of total external debt at end-March 2014 vis-à-vis 76.4 per cent at end-March 2013.

Short-term external debt stood at $89.2 billion at end-March 2014, showing a decline of 7.7 per cent over $96.7 billion at the end-March 2013. This was due to the compression in imports arising from the slowdown in aggregate demand and restrictions on gold imports. Thus, the share of short-term external debt in total external debt declined from 23.6 per cent at end-March 2013 to 20.3 per cent at end-March 2014. >> Read More


The Islamic State is nothing if not ambitious. Despite no record of current ‘airplane’ assets in their annual reportsISIS has begun detaining and forcing Syrian pilots to train militant fighters to fly stolen aircraftAccording to CNN Arabic, the pilots (and their planes and helicopters) were abducted when the terrorist group gained control of Tabqa military base. It appears that if beheadings, executions, and whippings are not enough to strike fear into the hearts of the locals, then (just as America is tryiung to do), an air assault will greatly demoralize. We can only imagine how this changes Obama’s strategy (and just where are all the rest of Syria and Iraq’s airplanes stored?) 

 Via Al Arabiya,  >> Read More


Russia is “practically in a state of war against Europe“, with the crisis in Ukraine rapidly approaching “the point of no return”, EU leaders warned last night.

They met at a summit in Brussels to discuss toughened economic sanctions on Moscow, specifically targeting Russia’s global finances as UN figures put the death toll in the Ukrainian conflict at almost 2,600.

Ukrainian officials said the rebels had made new gains just east of the border city of Luhansk, a key stronghold.

“The Russians are continuing to send military equipment and mercenaries,” Ukraine’s defence and security council said in a Twitter post.

European leaders will tell Mr Putin that unless he withdraws troops and pulls back from “direct military confrontation between Ukrainian and Russian military forces”, the EU will move to introduce new sanctions. >> Read More


Pakistani protesters

Hundreds of people were injured as Pakistanipolice battled throngs of protesters demanding the resignation of Prime Minister Nawaz Sharif with tear gas, batons and rubber bullets outside the prime minister’s official residence and the adjacent parliament building.

After a night of clashes, protesters started regrouping at daybreak Sunday and made repeated attempts to make their way through heavy deployment of police and barricades to reach the premier’s residence. Police strengthened their lines and responded by lobbing tear gas canisters.

Scores of protesters, including women, carrying hammers and iron rods broke down a fence outside the parliament building, enabling hundreds of people to enter the lawns and parking area, according to an Associated Press photographer at the scene and Pakistani television reports.

Islamabad police chief Khalid Khattak said the protesters were armed with big hammers, wire cutters, axes and even a crane. >> Read More

Thought For A Day

31 August 2014 - 8:37 am


iPhone 6 hands-on-video

30 August 2014 - 22:15 pm

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Technically Yours,
Team ASR,
Baroda, India.