UPSC Mains result declared

March 12, 2014

UPSC has declared the written exam results of the Civil Services (Main) Examination, conducted in December 2013

http://www.upsc.gov.in/exams/written-results/csm/2013/wr_csm2013.pdf

 

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Using social media to find your next job

February 17, 2014

Preparations while looking for a new job…

  • Ensure that your resume is up to date with all the projects in the previous assignment.
  • Your LinkedIn profile should be up to the mark as well.
  • If there are profiles on other job sites, then they need to be updated too.
  • Start talking to your immediate network about openings and start setting alerts for the kind of openings you are looking out for.

Preparations once a job opportunity is found…

  • Ensure that you have a thorough knowledge of the basics of the field you are in and you are on top of the news in the industry.
  • Understand the business and products/services of the company that you intend to apply to. Then chalk out how you, with your skills, can add value to their organisation. This basic study will help in all the screening processes.

Using social networks to find new jobs…

  • Social networks are a huge help these days—LinkedIn being the leader here—with the recommendation, profile sharing and job posting opportunities.
  • Facebook and Twitter are becoming an effective medium to discover jobs, get referred and even apply.
  • Individuals are using their social networks as referral networks and getting friends to join their companies.

Source: Rediff


All about Raghuram Rajan – 23rd governor of the Reserve Bank of India

September 4, 2013

What you should know about the new governor:

1. Raghuram Rajan is the 23rd governor of the Reserve Bank of India. He has been appointed for a period of three years, and will take charge from D. Subbarao, who is exiting after an extended five-year term.

2. This will be Mr. Rajan’s second assignment in the country. He was appointed the Chief Economic Adviser to the Finance Ministry in August last year.

3. He was the Economic Counselor and Director of Research (simply put, the chief economist) at the International Monetary Fund from September 2003 till January 2007.

4. Mr. Rajan’s claim to fame is his prediction of the 2008 global financial crisis. In his paper titled Has Financial Development Made The World Riskier?, which he submitted in November 2005, Mr. Rajan wrote: “But perhaps the most important concern is whether banks will be able to provide liquidity to financial markets so that if the tail risk does materialize,…” The response to this paper was negative.

5. Mr. Rajan has worked as the Eric J. Gleacher Distinguished Service Professor of Finance at the University of Chicago’s Booth School of Business.

6. Mr. Rajan has also served as the Bertil Daniellson Visiting Professor of Banking and Finance, Stockholm School of Economics, 1996-97; Visiting Professor of Finance, Northwestern University, 1996-97, and the Fischer Black Visiting Professor, Massachusetts Institute of Technology, 2000-01.

7. In January 2003, the American Finance Association awarded Mr. Rajan the inaugural Fischer Black Prize, given every two years to the financial economist under age 40 who has made the most significant contribution to the theory and practice of finance.

8. He is the author of the popular book Fault Lines: How Hidden Fractures Still Threaten the World Economy, where he has argued that serious flaws in the economy are to blame for the current economic crisis, and warns that a potentially more devastating crisis awaits us if they aren’t fixed.

9. He earned his bachelor’s degree in electrical engineering from IIT-Delhi, before pursuing his MBA in 1987 from the Indian Institute of Management, Ahmedabad, followed by a PhD in 1991 from Massachusetts Institute of Technology. He was a gold medalist at both IIT and IIM.

10. Rajan, 50, was born in Bhopal on February 3, 1963. He comes from a Tamil family and is married to Radhika, a classmate from IIM. They have two children.

Source: http://profit.ndtv.com/news/cheat-sheet/article-raghuram-rajan-10-things-to-know-about-the-new-rbi-governor-326728

 

 


Top five things which should never be shared on Facebook

September 3, 2013

The social media has become an integral part of everyday life but users need to be aware of what and how much they share on sites like Facebook which might be used by malicious hackers.

Those users who use the name of their pets as password for their social media account should try and avoid revealing it online and a recent research by Google indicated that 1 in 6 people use their pet’s name as password.

Another of such social media shares which make a strict no-no is one’s mother’s maiden name, which is a security question asked by a bank and users who have their family added in their social media account should keep their privacy settings high in order to avoid any hacking, metro.co.uk reports.

Apart from mother’s maiden name, security question related to first school attended can also be used as a potential tool for hacking into one’s account.

The report said that revealing one’s birth date is equally sensitive to be put online and if someone wants to reveal, they shouldn’t mention the year.

Source: DNAIndia


Top 10 stocks to buy in uncertain times

September 3, 2013

Top 10 stocks to buy in uncertain times

  1. L&T: The stock is trading at decade low valuation.
  2. HDFC Bank: Consistency will lead to premium valuation.
  3. Reliance Industries: Myopic market is ignoring long-term value.
  4. Coal India: High risk reward with low risk.
  5. M&M: Rural consumption will lead to re-rating.
  6. Ranbaxy: Top Pharma pick with target of Rs. 675.
  7. BPCL: Upstream investment value equals its entire stock price.
  8. Prestige Estates: Rental income to lead to 100 per cent upside in 3-year.
  9. Eicher Motors: Company well positioned for strong growth. Royal Enfield will cruise along for high growth.
  10. Gujarat Pipavav Port: Recovery in container volume will lead to growth.

 

Source : NDTV Profit



Rupee’s fall: How it will impact common Man

August 21, 2013

Rupee Fall

Importers/Exporters

Importers will strongly feel the pinch of falling rupee as they will be forced to pay more rupees on importing products. Conversely, a feeble rupee will bring delight to the exporters as goods exported abroad will fetch dollars which in return will translate into more rupees. Also, a weak rupee will make Indian produce more competitive in global markets which will be fruitful for India’s exports.

Imported goods:

Buying imported stuff will become a very costly affair. You will have to shell out extra on imported goods. For instance if you bought a product valued USD 1, you paid around Rs 54 (weeks ago) but you will now have to shell out close to Rs 63 for the same product.

Fuel price:

A weak rupee will increase the burden of Oil Marketing Companies (OMCs) and this will surely be passed on to the consumers as the companies are allowed to do so following deregulation of petrol and partial deregulation of diesel. If the OMCs increase fuel prices, there will be a substantial increase in overall cost of transportation which will stoke up inflation.

RBI’s monetary policy:

If the depreciation in rupee continues, it will further increase inflation. In such a situation RBI will have very less room to cut policy rates. No cut in policy rate will add to the borrower’s woes who are eagerly waiting to get rid of the high loan regime.

Students studying abroad:

Students who are studying abroad will bear the brunt most owing to depreciating rupee. Expenses incurred towards the university/college fee as well as that of living will shoot up, thereby spelling a huge burden on the students.

Tourism: The depreciating rupee will surely be a dampener if you are planning your holiday abroad. Your travel charges as well as hotel charges will escalate drastically, let alone shopping and other miscellaneous spending activity.

Overseas Indians: Money saved is money earned. Depreciation of rupee is certainly a good news for the overseas Indians. Those working abroad can gain more on remitting money to their homeland.

Country’s fiscal health: A frail rupee will add fuel to the rising import bill of the country and thereby increasing its current account deficit (CAD). A widening CAD is bound to pose a threat to the growth of overall economy.

Source: http://zeenews.india.com/business/news/finance/rupees-free-fall-how-it-will-impact-you_82322.html