A Wise Crack!

A woman went shopping, At cash counter she opened her purse to pay. The cashier noticed a TV remote in her purse.

He couldn't control his curiosity and asked, "Do you always carry your TV remote with you?"

She replied, "No, not always, but my husband refused to accompany me for shopping today...

The story continues...
The shopkeeper laughs and takes back all the items that lady had purchased.

Shocked at this act, she asks the shopkeeper, "What are you doing?" He said your husband has blocked your credit card.

                                                                                              Joke as read

Good Morning India!

NEW DELHI: The Reserve Bank of India could ease restrictions on forex futures once there is stability in the foreign exchange market, a deputy governor of the central bank said on Monday. 

"Once the stability improves in the forex market, we will look at the whole gamut of futures market," RBI deputy governor HR Khan said on the sidelines of an event here. "As things stabilise, we will look at more and more relaxations. For examples, in OTC (over-the-counter) market, there is a requirement of documentations for the underlying. 

For up to certain small values, we may think that documentation requirement can be done away with," he said. Khan said RBI is in talks with Securities and Exchange Board of India(Sebi) on making the dollar-rupee OTC and futures market trades, possibly on a delivery basis. 

"Going forward, the best idea is to harmonise both OTC and the futures market; both can possibly be delivery-based. We are in discussions with Sebi," Khan added. Separately, another deputy governor of the central bank said the RBI could consider issuing new bank licences more frequently. 

"We propose to carry forward these ideas and come up with a detailed road map for a necessary reform and regulations for free entry and making the licensing process more frequent after we get comments from the stakeholders," said RBI deputy governor KC Chakrabarty. RBI has already come out with a discussion paper on the banking sector in India and has invited comments from stakeholders. 

"The document explores the possibility of differentiated licence for small banks and wholesale banks, possibility of continuous on-tap licensing and the possibility of converting large urban co-operative banks into commercial banks," said Chakrabarty. The central bank is also in the process of issuing new bank licences for which it has received applications from 26 public and private sector entities. The RBI is likely to issue the licences by January 2014. 

The apex bank has already set up an external committee of financial sector experts, headed by former RBI governor Bimal Jalan, to scrutinise applications. Chakrabarty said that the banking system is well capitalised. "Profitability is reasonable; return on equity is reasonable; NPA is under control and it meets with all global standards of regulation for business," he added.

                                                                                     As reported in EconomicTimes

Good Morning India!

The Secret of changer is to focus all of your energy not on fighting the old but on building the new!

                                                                                                                                             Socrates

Thieves steel entire Bridge in Western Turkey!

Earlier this month, the inhabitants of a small village in the Golcuk district of the Turkish province of Kocaeli awoke to find something different.
The village’s main bridge over a local creek — all 22 tons of it — was gone.
According to the Turkish publication Today’s Zaman, the dumbfounded villagers, who used the bridge to reach their orchards, alerted police about the theft on March 11. Police suspected that thieves dismantled the 82-ft.-long span to sell it as scrap metal — probably for about $12,000, noted Gizmodo. Authorities are still investigating the matter.
(MORE: Thieves Steal an Entire Metal Bridge in Pennsylvania)
As for the villagers, life is indeed a hassle without the bridge. One resident, Mustafa Karakas, told a Turkish news agency that they now have to take their socks off and wade across the creek in order to tend the plantations, according to Today’s Zaman.
This is not the first time that an entire bridge has vanished. In May 2012, a group of thieves used a crane to dismantle a 10-ton steel pedestrian bridge and about 218 yards of railway track in the Czech Republic, reported Agence France-Presse. The thieves duped police officers with a forged document saying they were working on a bicycle path. And in 2011 two thieves armed with a blowtorch stole a 70-year-old bridge in broad daylight about 50 miles northeast of Pittsburgh; they reportedly made $5,100 off the 15.5 tons of steel, according to the Wall Street Journal.

Read more: http://newsfeed.time.com/2013/03/21/thieves-steal-entire-bridge-in-western-turkey/#ixzz2OPyAcDLy

                                                                                            Taken from Internet

Good Morning India!

Nice words from the experienced:-

God is like Oxygen! You can't see Him, but you cannot live without Him!

The purpose of life is not to be Happy! It is to be Useful,  to be Honorable, to be Compaasionate, to have it make some difference, that you Lived and Lived well !

Rumors are Carried by Haters, Spread by Fools & Accepted by Idiots!


                                                                                              Received as Forwards!

Good morning India!

If you salute your duty, you no need to salute anybody!
But, if you pollute your duty, you have to salute every body!

                                                               ........ Wise words from Dr. APJ Abdul Kalaam,
                                                                     

Good Morning India!