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Twitter is worth more than $11 billion

Twitter is worth more than $11 billion | Finance | Scoop.it
Twitter isn't yet making a profit, but analysts think its future is bright -- and that it's worth more than the current $11 billion valuation.

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How to stop the rot in our obsolete cold chains

How to stop the rot in our obsolete cold chains | Finance | Scoop.it

During 2011-12, India produced about 127 million tonnes of milk, but the country has an estimated 70,000-80,000 tonnes of proper milk storage capacity.

In 2011, India’s vegetables output was about 147 million tonnes, accounting for nearly 11 per cent of the world’s vegetable production. But here also the available cold chain capacity, a key requirement to stem wastage and enhance quality, is hardly 9 million tonnes.

The result — about 30-40 per cent of the production lands up in the waste bin every year, leading to higher costs for consumers and shrinking presence of India in the global vegetables export market, which has slumped to 1.7 per cent.

The country ranks third in fish production, with an output of over 8.5 million tonnes. However, frail cold chain logistics again leads to wastage of about 20-30 per cent of the production.

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McDonald's: Goodbye to Heinz ketchup

McDonald's: Goodbye to Heinz ketchup | Finance | Scoop.it
McDonald's, the world's biggest fast-food chain, says it is to stop serving Heinz ketchup in its stores after 40 years.
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Finance Ministry rules out seeking funds from World Bank - The Hindu

Finance Ministry rules out seeking funds from World Bank - The Hindu | Finance | Scoop.it
Finance Ministry rules out seeking funds from World Bank The Hindu A top Finance Ministry official on Saturday categorically ruled out accessing World Bank funds to recapitalise state-run banks, saying enough money has been already budgeted for...
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Deficit of trust - Hindu Business Line

Deficit of trust - Hindu Business Line | Finance | Scoop.it
Deficit of trust
Hindu Business Line
The only exceptions are countries such as Australia, Brazil and South Africa, which are massive exporters of mined commodities and do not have large enough populations to be significant markets for Chinese goods.
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Al Gore: “Carbon Bubble” Is Going to Burst – Avoid ... - Yahoo Finance

Al Gore: “Carbon Bubble” Is Going to Burst – Avoid ... - Yahoo Finance | Finance | Scoop.it
From the blog Daily Ticker: It's no surprise that former Vice President Al Gore isn't a fan of big oil. Gore received the 2007 Nobel Peace Prize for "informing the world of the dangers posed by climate change" and currently is ...
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China aiming for 'de-Americanised world' with renminbi replacing dollar - Telegraph

China aiming for 'de-Americanised world' with renminbi replacing dollar - Telegraph | Finance | Scoop.it

China has overtaken the US as the world’s largest oil importer and goods trading nation. Over the next five years, it will surpass the rest of the world combined in its consumption of base metals.

Given the scale of the country’s consumption of fossil fuels and raw materials, it is only a matter of time before the renminbi replaces the dollar as the primary currency for trading commodities and resources such as crude oil and iron ore.

 

The debt ceiling farce in Washington and China’s growing reluctance to continue underwriting the US economy by buying up its bonds and adding to America’s near $17 trillion (£10.5 trillion) debt mountain suggests that this tectonic shift in the global trade system could be just around the corner.

 

Chinese state media are already calling for a “de-Americanised world”. Some experts say that China is plotting to usurp the greenback’s place in global commodities trade. Beijing’s strategy hinges on quietly encouraging traders to bypass New York through the creation of a network of interlinked commodity markets based in the global financial hubs of Hong Kong and London.

 

“There can be little doubt from these actions that China is preparing herself for the demise of the dollar, at least as the world’s reserve currency,” writes Alastair Macleod, head of research at GoldMoney. A further signal that policymakers are beginning to warm to the renminbi playing a greater role in the global economy came last week when Chancellor George Osborne unveiled a historic deal to allow British investors direct access to China’s markets and allow Chinese banks to expand operations in the UK.


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Protect nature for world economic security, warns UN biodiversity chief

Protect nature for world economic security, warns UN biodiversity chief | Finance | Scoop.it
Ahmed Djoghlaf says nations risk economic collapse and loss of culture if it does not protect the natural world

Via Robert DesJarlait, Sarah LittleRedfeather Kalmanson
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Ruth Obadia's curator insight, September 7, 2013 3:27 AM

Mounting losses of ecosystems, species and genetic biodiversity is now threatening all life, said Djoghlaf. In immediate danger, he said, were the 300 million people who depended on forests and the more than 1 billion who lived off sea fishing.

"The loss of biodiversity compounds poverty. Destroy your nature and you increase poverty and insecurity. Biodiversity is fundamental to social life, education and aesthetics. It's a human right to live in a healthy environment."

Ruth Obadia's comment, September 7, 2013 11:45 AM
Robert, If you notice "humans" are the only species that destroys, contaminates and abuse the environment they live in, but totally depends on it to survive! All the other forms of life on and out of the planet, are living in harmony among themselves. Why??? Are we supposed to be like a cancer cell in this integrated system? Or should we behave like them , in mutual cooperation and harmony?
Sarah LittleRedfeather Kalmanson's curator insight, September 10, 2013 9:52 AM
Robert DesJarlait's insight: "We, as human beings, create philosophies, mindsets, and theories about the importance of life...but it is always human life and human existence that is at the core of those culturally diverse belief systems. When we speak about destruction and extinction, it's really the destruction and extinction of human life that is utmost in our thoughts. We know, of course, the earth, the plants, and the animals can exist without us. They existed without us long ago, and they will exist without us in the far future. The earth itself isn't permanent. At some point, it will be destroyed by the sun, and the sun will be destroyed by the black hole that is in the center of our galaxy. Sometimes I wonder what we're trying to do. (Random Thoughts.)" 
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The Power of Networks | World Economic Forum 2012

The Power of Networks | World Economic Forum 2012 | Finance | Scoop.it

Nowadays, any organization should employ network scientists/analysts who are able to map and analyse complex systems that are of importance to the organization (e.g. the organization itself, its activities, a country’s economic activities, transportation networks, research networks).
Interconnectivity is beneficial but also brings in vulnerability: if you and I are connected we can share resources; meanwhile your problems can become mine and vice versa.
The concept of “crystallized imagination” refers to things that are first in our head and then become reality. This concept can be turned into network applied research on economic complexity of a country’s economic activities and development prospects.


Via Erika Harrison, Complexity Digest
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Erika Harrison's curator insight, August 9, 2013 1:43 PM

"*Nowadays, any organization should employ network scientists/analysts who are able to map and analyse complex systems that are of importance to the organization (e.g. the organization itself, its activities, a country’s economic activities, transportation networks, research networks).

 

*Interconnectivity is beneficial but also brings in vulnerability: if you and I are connected we can share resources; meanwhile your problems can become mine and vice versa.

 

*The concept of “crystallized imagination” refers to things that are first in our head and then become reality. This concept can be turned into network applied research on economic complexity of a country’s economic activities and development prospects".

Jason Leong's curator insight, November 6, 2014 9:23 PM

Network science — the mapping and visualisation of the networked systems that make up our society, economies, and organisations — is set to become the new tool for informing design. (It's about time!)

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True inspiring story of a handicapped lady trader who made 600,000 in a single day

True inspiring story of a handicapped lady trader who made 600,000 in a single day | Finance | Scoop.it

Sujata Burla’s life took an ugly turn on June 9, 2001. On a pilgrimage to Shirdi, where the Sai Baba temple in Maharashtra is located, from Hyderabad, she met with an accident.

Four months later, the doctors and physiotherapists treating her told her she could not walk for the rest of her life. The accident had turned her into a paraplegic. It meant Sujata was immobile below the shoulders. She was just 21.

Soon people who she thought were her friends abandoned her and Sujata was left alone. Compounding her tragedy was her father’s death in March 2004. Not one to be easily cowed down by her circumstances, she started learning about the stock markets that year.

Now she trades like a pro and earns anywhere between Rs 200,000 and Rs 250,000 every month. On a day like Wednesday, September 19, 2007, when the Nifty was up 186 points, Sujata made a cool Rs 600,000 in a single day. She has still not sold her position.

“I expect the Nifty to touch 4800 in the next two, three trading days. I will sell my position then,” Sujata told this correspondent in a telephone conversation from her home in Hyderabad.

Sujata moves around in a wheelchair and does not regret this fact. Financial independence is what she strove for and that is exactly what she has got through sheer determination and discipline.

How do you cope with such a trauma?

Before, I could not even write or type. Now I have got used to it. I can easily type and trade on my computer and laptop.

In the first four months after my accident I did not even know I would never be able to walk again. I went into a depression feeling that this was the end of life for me.

Does your condition make you dependent on others?

I am the kind of person who doesn’t like to depend on anybody — whether financially, physically or mentally. So, it was very tough for me to physically depend on somebody. I soon realized that financial independence could get me much more freedom in life.

So I started thinking how I could earn money. I worked with my sister, who is a fashion designer, and learned a bit about it. I soon started a textile workshop where I employed 10 people. However, the workers took undue advantage of my physical disability leading to losses. I closed my workshop and moved towards stock market trading.

How did you get into the stock markets?

I realized that if at all I have to succeed in life I would have to do something for which I don’t have to depend on anybody. Through a friend of mine I came to know about the stock markets in 2004. It took me almost a year to understand the various nuances of the stock market and it was in 2005 that I actually started trading.

What was your first trading/investment experience like?

My first investment was in blue chip companies like Reliance Industries, Hero Honda, ACC and IDBI. However, the Rs 100,000 that I invested did not earn me any returns. It was my first investment and I did not know when to sell or the right time to sell my stocks. That learning experience helped me to hone my skills in the stock markets.

How much do you make from trading in stocks now?

My turnover for a month is over Rs 3 crore. But my actual investment is only Rs 15 lakhs. I make anywhere between 10 to 15 per cent per of this investment per month. It is like I earn 20 to 30 per cent sometimes and lose 10 per cent at other times. This takes my average monthly return to 10 to 15 per cent every month of my total investment of Rs 15 lakhs.

Could you share your success mantras for our readers?

* Read all the advice that you get from various business television channels, newspapers, friends who understand the stock markets but be extremely cautious and disciplined when you act on this advice.
* Never extend your trading bets beyond your means. I speak to my friends; get investment and trading ideas from my brokerages (she is registered for online trading with Reliance Money, Indiabulls and Kotak Securities).

How would you identify yourself as a stock market player?

I am a short-term trader; I am surely not a long-term investor.

Do you trade intra-day?

Well, if my bets appreciate considerably then I take home my profits on the same day. Otherwise, I wait for my investments to bear at least 7 to 8 per cent returns before I actually sell it.

Intra-day trading, though, is very risky as most traders tend to burn their fingers trying to time the market. And I have lost quite a bit of money trading intra-day in the cash market, believe me.

How much have you deposited with all these brokerage companies?

As I told you earlier, my total deposit with all the three brokers is Rs 15 lakhs. Using this amount I buy Call Options within my overall limits. There is no concept of margin money in options. Whatever money I have earned till now is only through Option trading. You can do risk-less trading in Options using a small amount.

As a safe strategy I never write a Put Option. Put Options are very risky. That way I am a very safe trader. In Puts I can even make 50 per cent a month on my investments; but then I can lose the same amount too. My principle is if I make money I make it; I shouldn’t lose money at all.

I usually write a Call Option on the Nifty. I am always long (buying first and then selling at a higher price to make profit) on the markets and whenever the market is too overbought I wait for the markets to cool down.

The last two days turned out to be very good for the stock markets. How much did you make in these two days?

Actually, it is celebration time for me. I made 80 per cent returns today (September 19, the Nifty was up 186 points or 4.09 per cent). Most of the Nifty Calls went up by 80 per cent today. However, I did not invest the entire Rs 15 lakhs because I am sitting on a bit of cash as the markets have run up too fast in the recent past. I invested only 50 per cent of Rs 15 lakhs on which I made an 80 per cent return (Editor’s note: That’s a cool Rs 600,000; don’t rub your eyes in disbelief; you read it right!).

However, there are times when I lose a big amount of money in trading. Such gains happen only once in a lifetime. The losses that I make during the year sort of offsets such gains.

But remember that these things don’t happen every other day. I have still not booked my profits. I am still holding on my positions. I plan to sell them after a day or two because I feel that the markets can still go up — at least for the next two, three days — based on the strong momentum. I am expecting the Nifty to go up to 4800 at least.

Actually, the target given by one of my brokerage houses is 4900 but I am going to book profits at 4800 levels. Too much greed is also not good, is it?

Moreover, it is the festive season and Diwali is just round the corner. Normally, the markets go up during Diwali. There will be some profit booking (a situation when a trader sells her/his stocks at a profit) tomorrow and the day after that but the general mood is likely to remain bullish till Diwali. I don’t expect a market crash or correction till Diwali.

Do you stay with your family?

I stay with my mother and cousin Priya. My father passed away on March 20, 2004. I have a sister and two brothers but they are all married and lead separate lives.

Do you have friends?

Before the accident I had many friends but they all ran away after my accident. They were all false friends. People like this go where there is money, success and happiness. People like these don’t chase failures.

After my accident I have a different set of friends. I have a few friends now but they are my true friends. They have been with me through my bad times. They really care for me.

Via rediff.com

 

 

 

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Mysterious India-born investor gains big from Twitter IPO | Deccan Chronicle

Mysterious India-born investor gains big from Twitter IPO | Deccan Chronicle | Finance | Scoop.it

Suhail Rizvi, an enigmatic India- born investor, has emerged as one of the biggest gainers from Twitter's high-profile public debut with his 15.6 per cent stake in the micro-blogging site worth a whopping USD 3.8 billion.

Rizvi is the 'non-boldface name of the moment', a report in the New York Times said, describing him as a 'strategic power broker who prefers to operate behind the scenes'.

The 47-year-old has remained a mystery in the Silicon Valley despite his significant tech investments in recent years. He runs a private investment company Rizvi Traverse Management, the largest outside investor in the micro-blogging site with a 15.6 per cent stake worth USD 3.8 billion at the end of trading on Twitter NYSE debut on Thursday.

 

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Economics students aim to tear up free-market syllabus

Economics students aim to tear up free-market syllabus | Finance | Scoop.it
Undergraduates at Manchester University propose overhaul of orthodox teachings to embrace alternative theories (Economics students aim to tear up free-market syllabus http://t.co/axyDO7KNEB via @guardian)...
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Israel knows water technology, and it wants to cash in - Washington Post

Israel knows water technology, and it wants to cash in - Washington Post | Finance | Scoop.it
Washington Post Israel knows water technology, and it wants to cash in Washington Post TEL AVIV — The Israeli water industry took over the convention center here this week to show the world its bacterial sewage scrubbers and computerized shower...
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Gold Strategies for Success in a Flat Commodity Price Market - The Market Oracle

Gold Strategies for Success in a Flat Commodity Price Market - The Market Oracle | Finance | Scoop.it
Gold Strategies for Success in a Flat Commodity Price Market The Market Oracle It could be 2017 before the commodity supercycle is evident again, but stormy weather in the mining space has a silver lining: It is encouraging miners to develop new,...
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Hinde Capital: “Why Gold Production Is Going To Go To Zero” | Bull Market Thinking

Hinde Capital: “Why Gold Production Is Going To Go To Zero” | Bull Market Thinking | Finance | Scoop.it

In an excellent new piece entitled, “The growing 90% club and why gold production is going to go to zero”, Hinde Capital’s Co-Founder and CFO, Mark Mahaffey, asserts that it’s only a matter of time before world gold production goes to zero. That end-point is approaching quickly he implies, as the cost to pull an oz. of gold out of the ground is growing faster than ever before.

 

Here is an excerpt from Mark’s piece:

“If gold prices stay at the current levels for a prolonged period of time, do not be surprised if gold production falls much closer to zero. From an investor’s perspective it is a treacherous minefield. Of course, there are companies who really do have high grade ore reserves who can really claim to mine at $800/ ounce but these are very rare, maybe less than 5% of the 2000 quoted companies. The Northern Miner writes that out of their survey of 1400 Toronto listed firms, 721 currently have less than $200k cash in the treasury. ...


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Commodity Market Outlook - October 2013

Commodity Market Outlook - October 2013 | Finance | Scoop.it
The World Bank just published the October edition of the commodity markets outlook. The report notes that the weakness in commodity price is expected to persist.

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The 10 Stealth Economic Trends That Rule the World Today

The 10 Stealth Economic Trends That Rule the World Today | Finance | Scoop.it
Old trends: Soaring US carbon dioxide emissions, skyrocketing medical costs, out-of-control deficits. New trends: Tumbling emissions, creeping medical costs, falling deficits.

Via Fred Zimny
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