The Way I See This

Hello guys...

I have a serious question for you; I know most of you won't be able to answer it and you won't believe it either but I will tell you the question and answer it as well.

Q. Can you guess the only stock market in the world to be rising at the moment?

A. The Zimbabwean Stock Exchange. Yes That is right. Zimbabwe's stock exchange is the only one doing well and in terms of percent it is doing really well.

It broke two records in 2 days. On Monday it broke the single biggest day gain in terms of points and percent. It rose 241% on Monday!

Then on Tuesday (yesterday) it broke the same record. This time it rose by 257%. Some companies saw their share prices increase by up to 3,500%. This is amazing.

Wouldn't you just love that to happen to your stock market? Imagine if even 10 percent of that would happen daily! I would be happen with that!

Well on paper anyways. This is actually only good on paper. The percent seems really high and it seems the economy is doing well. For a fact, it is not. It may be improving but by no means is it anywhere close to decent.

Zimbabwe's economy is staggering amid the world's worst inflation.
Inflation is officially running at an annual pace of 231 million percent. Some experts put it more at about 20 trillion percent. Wow. Can you just imagine that rate of inflation in any one of your countries?

"With the unofficial exchange rate leaping from 30 million Zimbabwean dollars to $1 on Friday to 100 million to the greenback Monday, showing a shortage of cash, people are trying to hedge against inflation by turning to equities." - AP

Wow. 100 million to the dollar. Just wow. They even introduced a 100 million Zimbabwe Dollar (ZWD) note!

History of the Stock Market;

"The first stock exchange in Zimbabwe opened its doors shortly after the arrival of the Pioneer Column in Bulawayo in 1896. It was however only operative for about 6 years. Other stock exchanges were established in Gwelo (Gweru) and Umtali (Mutare). The Mutare Exchange, also opened in 1896, thrived on the success of local mining, but with the realisation that deposits in the area were not extensive, activity declined and it closed in 1924. After World War II a new exchange was founded in Bulawayo by Alfred Mulock Bentley and dealing started in January 1946.

A second floor was opened in Salisbury (Harare) in December 1951 and trading between the two centres was done by telephone. Traders continued working by telephone until it was decided that legislation should be enacted to govern the rights and obligations of the members of the Exchange and the general investing public.

The Rhodesia Stock Exchange Act reached the statute book in January 1974. The members of the Exchange continued to trade as before and it became necessary for legal reasons to bring into being a new Exchange coincidental with the passing of the legislation. The Exchange dates from the passing of the Act in 1974, and is operated and regulated in accordance with it and its amendments, including 1996's Zimbabwe Stock Exchange Act: Chapter 24:18.

On independence from Britain in 1980, the Exchange changed its name from the Rhodesia to the Zimbabwe Stock Exchange." - Wikipedia


NEXT FEW BLOG POSTS;

1. "Zimbabwe is 'the best investment opportunity in Africa' say financiers." - Telegraph.
2. India's unmanned moon mission
3. Early voters in the USA Presidential Elections.

Sahil Bhalla

Hola, once again.

I know lots of people have blogged about this but I just had to get in one this one.

So rarities rarely happen and this one is truly a rarity. Here goes anyways;

ABHINAV BINDRA WON INDIA"S FIRST GOLD MEDAL AT THE BEIJING OLYMPICS 2008. HE WON INDIA"S FIRST EVER INDIVIDUAL GOLD MEDAL AT THE GAMES. HE ALSO WON THE FIRST GOLD MEDAL AT THE GAMES SINCE 1980!

CONGRATS TO ABHINAV BINDRA!

ABHINAV BINDRA HAS BEEN GIVEN 1 CRORE RUPEES BY THE PUNJAB GOVERNMENT, 25 LAKHS BY THE BCCI, 11 LAKHS BY THE BIHAR GOVERNMENT AND SOME MORE CASH FROM SOME OTHER GOVERNMENTS!


THIS IS DEFINITELY A HISTORIC DAY FOR INDIAN SPORTS!


THANKS ABHINAV! YOU MADE US PROUD!


I think that was it in a nutshell. Abhinav Bindra has done India proud. He has outdone himself and he has done his nation proud. I am sure every single Indian who has heard the news will be extremely proud to be an Indian and will be really happy about this news.

Abhinav Bindra was not expected to win a medal. He wasn't like the other shooters like Gangan Narang and all who were expected to win medals. Abhinav Bindra was not there at the Opening Ceremony. He was busy resting and getting mentally prepared for the Olympics.

Back home, he would pratice more than 8 hours a day inside the shooting range. He would do it because he was driven. He did it because he had passion.He did it because that was what he enjoyed.

He was born on September 28th, 1982. He is now 25 years of age. He is from Zirakpur, in Mohali district (near Chandigarh), Punjab.

At the 2008 Beijing Olympics, Abhinav Bindra won the gold for the Men's 10m Air final after shooting a total of 700.5. He scored 596 (fourth) in the qualifying round and out-scored all other shooters in the finals with a round of 104.5. In the finals, he started with a shot of 10.7, and none of his shots were below 10.0. Bindra was tied with Henri Hakkinen heading into his final shot. Bindra scored his highest of the finals - 10.8 (A Bullseye) while Hakkinen came with 9.7 to settle for Bronze medal.
He is the current World and Olympic champion in the 10m Air Rifle Event.


This is just an amazing feat. India has never won an individual gold medal and this is just great. This is definitely a historic day and this is a rarity until now. I am certain India will get some more medals and many more in the future.

Here are some photos of Abhinav Bindra;







Here is a video of Abhinav Bindra winning gold;




Here is to hoping all of you Indians feel proud!
Here is to hoping all of you Indians will be watching the Olympics now!
Here is to hoping all of you Indians now feel that India are capable of winning more medals!
Here is to hoping all of you Indians will now be getting into the act and starting to play sports.
Here is to hoping all of you Indians will finally believe that one day India can compete with USA & China at the Olympics! Maybe by 2020?

That is all for now but tomorrow and day-after, I have a lot lined up for you readers.

1. I am going to be posting what I think are the medal prospective for the Indians in the rest of the Olympics.
2. I will be posting the good, the bad & the ugly of the Indian campaign at the Olympics so far.
3. What are the chances of Micheal Phelps getting a record 8 Gold Medals at eh Beijing Olympics?

This is Sahil Bhalla exiting and feeling extremely proud to be an Indian today!

Hello guys once again

Updates; Sorry for not posting a entry for sometime but I am happy to tell you guys... that I am back to blogging and I will be updating it frequently now. So I hope you have a nice time reading.

Today's blog post is titled "The Way I Saw Something Spectacular, Something Boring and Something Just Simply Amazing!"

So for today's blog post, I have chosen three events, in the past week or two which are interesting in their own way or the other.

First up is about the Trust Vote 2008. It happened in New Delhi, India and it rocked the whole of India.
A little background first - The UPA which is the party in power had formed a coalition Government with the Left (CPM) to get the majority vote needed to run the Government. This relationship lasted for 4 years but in the last year the Left got angry over the N-Deal and walked out of the Government. So basically the Nuclear Deal saga has been going on for ages and it could not be resolved. The Left were against it for the main reason that the deal was with the Americans. So they walked out and asked the Government to show the numbers. So the Trust Vote was set for 22nd July and it happened.
raging
So what happened in Parliment on 21st July and 22nd July was just spectactular. The first day rocked the Parliment. It had cross fighting, arguing, the Speaker getting angry and raging news anchors on all channels. The papers too were going mad. It was hilarious and fun times. The bookies were making some money out of it too.

The second day had the biggies giving there speeches and going face to face. It was quite fun watching the highlights on the news channels as I missed it otherwise. In the middle of the day at 4:00 PM approximately 2 or 3 BJP MP's came in the midle of the House and showed 1 Cr rupees and alleged that they were bribed to give there vote to the UPA. That was hilarious to watch! Then came the Trust Vote in the evening with the UPA showing the Left that they had the numbers and defeating them by a huge margin of 19 votes!

So if you want to read some of the funny and memorable quotes from the 21st of July, then head over to;

Quotable Quotes from the Trust Vote, Day 1.

So this event was the spectacular event.

The second event I saw was the cricket test match between India and Sri Lanka. It was the first test and I saw day's 1 and 2. Now this was really boring. I couldn't even stand watching it. I mean they play so slowly and the commentators don't say anything and there is no crowds. What a boring thing to watch.

This event was the boring one.

Lastly... The last event was just simply amazing. I went to see The Dark Knight on Saturday and again on Wednesday and it was simply amazing. The movie is just the movie ever and Heath Ledger's perfomance defies all. His laugh is justamazing and he is simply terrefying. If you haven't seen this movie, then get off your ass right now and get to your nearest theatre and watch it as soon as possible. This is the best movie of the year and I expect Heath Ledger to win an oscar for it.

This was the just simply amazing event!

That is all for now and I will be back later, very soon, I promise guys.

Bye. This is me, Sahil Bhalla going now and signing off and saying goodbye!