Dollar power gets elderly NRI doctor 152 wannabe brides : TOI

[modern.fakir]

Dollar power gets elderly NRI doctor 152 wannabe brides
Shakil Pathan, TNN | Aug 31, 2013, 01.40 AM IST

AHMEDABAD: This can turn young grooms green with envy! At 68, a US-based doctor has an option to choose a bride from not less than 152 women, some as young as 21 years, speaking volumes about the rising value of the greenback!


Dr Raman Shah (name changed), a practicing physician in New York, was flooded with proposals after he put out a matrimonial ad. Dr Shah had remained single after an Amdavadi woman he was in love with refused to move with him to the US. He had also lost his parents and two brothers some years ago.


A month ago, Dr Shah approached the Ahmedabad-based NGO that runs a matrimonial service for the elderly."Dr Shah needed a life partner as he couldn't bear the loneliness anymore. We put out an ad saying that a 68-year-old doctor residing in New York needs a bride who is willing to shift to the US. There is no age, caste or religion bar,"said the co-ordinator of the NGO.


And, the response not only surprised the NGO but Dr Shah too. "We had expected around 25-30 responses that too from women aged above 45 or 50 years. But there is a mad rush to marry him. There are 152 women who are keen to marry him and shift to the US," said the coordinator.


The wannabe brides include a 21-year-old Muslim girl from Surat and a Hindu girl from Ahmedabad of the same age.


Surprisingly, a 35-year-old woman from Ahmedabad is even ready to dump her husband if Dr Shah selects her. "Also, there are a few who want a live-in relationship with him," he said.


Dr Shah is planning to come to Ahmedabad in November to tie the knot.

http://timesofindia.indiatimes.com/...r-152-wannabe-brides/articleshow/22173252.cms

 

[modern.fakir]

Some idiots on this forum were arguing against Indians wanting to leave their country compared to Pakistanis. This is a clear cut example of IF the opportunity is presented millions would leave India (bigsmile)

 

[modern.fakir]

In India, Toilet Paper Becomes More Valuable Than the Rupee

In India, Toilet Paper Becomes More Valuable Than the Rupee

By Jon C. Ogg August 28, 2013 10:20 am EDT

​

India is slowly, or rapidly, becoming a complete financial disaster. Growth has slowed and the nation is trying to do what it can to fight inflation while still trying to juice up the economy. India is one of the great BRIC emerging market nations, but it is not living up anywhere close to its potential. So, the question is, what can they do now that the rupee is hitting yet another all-time low?

Wednesday’s closing levels in India should alarm investors of emerging markets and developed markets alike. The Hindustan Times confirmed that the rupee at 68.80 is the lowest official close. Some are trying to blame the possibility of war or military conflict in Syria, but this one-way ticket to financial hell in India is more of a unique situation than it is a global one.

Even the BSE Sensex, what used to be known as the Bombay Stock Exchange, has now suffered another 500 point plunge before recovering. We recently warned that emerging market investors would try and try to remain patient, up to a point, but capital is exiting the nation rapidly and investors have decided for now to not allocate new capital into India.

Calling a bottom based on technicals and oversold sentiment is easier to do in developed markets, but many investors do not give the same feelings in emerging markets because they want to enter these markets when the fundamentals merit a long-term investment. Most longer-term investors and traders do not enter emerging markets for a quick in-and-out trade of a few percent, but rather for serious gains over a longer period. The situation is bad enough that trying to be a bottom fisher may simply resemble being a bottom sniffer.

India is a market and economy with great promise. Its growth generally rivals that of China and its population is over 1.2 billion. It is also a young population, and one that is still growing. Unfortunately, its policies are not working and its infrastructure is simply not up to date in a manner that can support its full potential growth rate ahead. And at the end of the day, the country simply has to develop internal growth, as it cannot simply rely on being an outsourced-IT and outsourced call center nation for the rest of the world.


We previously said that the Indian rupee is becoming worth less than the paper it is printed on. Unfortunately, toilet paper is holding its value in dollars better than the nation’s currency. The WisdomTree Indian Rupee (NYSE: ICN) hit a new low of $17.42 and the exchange-traded product is down 2.6% on last look. Its price chart looks like a downhill ski slope, with the end being a cliff rather than the ski lodge.


WisdomTree India Earnings Fund (NYSEMKT: EPI) is down yet another 2.7% at $13.05, and it hit a new low of $13.00 on Wednesday against a high of $20.50. The PowerShares India (NYSEMKT: PIN) is down another 2.5% at $13.54, and it hit a new low with its 52-week range now at $13.50 to $19.66. The India Fund Inc. (NYSE: IFN) is a closed-end fund rather than an exchange traded fund (ETF), and it is down almost 1.75% at $16.95, with its shares hitting a new multiyear low of 416.88, against a 52-week high of $24.10.
Market Vectors India Small-Cap ETF (NYSEMKT: SCIF) is down almost 3% at $22.38, and the new low was put in today, with its 52-week range now being $22.25 to $46.60. This one is now down over half from its high and without any extreme leverage other than holding smaller stocks.

If good old regular emerging stock market losses are not daring enough for you, there is the triple-leverage suicide show for true gluttons for punishment. The Direxion Daily India Bull 3X Shares (NYSEMKT: INDL) is down another 7.5% to $27.62. and its new 52-week range is $27.20 to $99.20. Imagine an ETF with leverage so high that you can take losses of greater than 70%, and that is even after the fund announced a reverse split effective as of August 20.

Here is why there is so much promise in India. GDP growth had averaged about 7% since 1997, but now India’s growth is slowing down to what might as well be recessionary. Its localized inflation seems to be a mystery to outsiders when you consider that it implemented reforms and deficit reduction measures to reverse its slowing growth. The nation’s gross domestic product was $4.76 billion in 2012 on a purchasing power parity basis, making it the fourth largest economy in the world with some 6.5% growth.
We previously noted, indicating levels right around now, that if India’s stock market and currency were to fall another 10% or 15% then the foreign capital outflows might create true economic and market panic. That is the risk right now, so things either are going to suddenly get much better with a new set of policies or India is about to jump off the cliff.

Unfortunately, emerging market investors now have to wade through territory that they might have only worried about back in our own recession. It is sad to report that the BRIC nations may just be the new PIIGS. It is a sad day when owning toilet paper is better than owning paper money in a country.


By Jon C. Ogg

 

[modern.fakir]

Re: In India, Toilet Paper Becomes More Valuable Than the Rupee

Things are starting to get really ugly for India. We would advise them to solve the Kashmir Issue so that we can grant them MFN status and that way they can trade with iran, afghanistan and central asia (bigsmile)

 

[syedarahman]

Re: In India, Toilet Paper Becomes More Valuable Than the Rupee

they need to be honest with their neighbors otherwise with their internal issues they cannot survive like Pakistan ...

 

[modern.fakir]

Re: In India, Toilet Paper Becomes More Valuable Than the Rupee

Alhamdolillah Pakistan survived when they said that this country wont last 3 months then that changed to 6 months and then to 6 years and now its been 60 years ...(bigsmile)

Then when the soviets came knocking on the doors of afghanistan, they said that Pakistan wont last. Today we are still here BUT the soviets are not there ...

Then again when afghanistan got invaded BY NATO ...they said that Pakistan wont last ...Alhamdullilah BY the Grace of Allah swt and the nazer of my AKKA Pbuh and hundreds of Awliyah Allah Pakistan is well and alive today.

It is this divine which they cannot comprehend !...for a country born on the 27th of Ramazan after the sacrifice of a million shuhadah has immense spiritual help !!...Thats the reason Pakistan is under "Saya - e - Khuda Zuljalal" (bigsmile)

INshallah you will see with the grace of Allah swt and the love of our AKKA pbuh this country is here to stay and only expand from here !..Ameen !

they need to be honest with their neighbors otherwise with their internal issues they cannot survive like Pakistan ...

 

[mk1254]

Re: In India, Toilet Paper Becomes More Valuable Than the Rupee

For your kind information Mr jahil fakir, pakistani rupee is currently at 104.50 against dollar. first we need to put our house in order before point the finger on some body.

 

[modern.fakir]

Re: In India, Toilet Paper Becomes More Valuable Than the Rupee

Is someone stopping you from putting your house in order ?? (bigsmile)..Im just sharing whats happening to our neighbours ....you dont want to know about it just ignore the thread dude ...so just chill :lol:

For your kind information Mr jahil fakir, pakistani rupee is currently at 104.50 against dollar. first we need to put our house in order before point the finger on some body.

 

[Indyeah]

Re: In India, Toilet Paper Becomes More Valuable Than the Rupee

lol @title....

if indian Rupee is toilet paper then what PKR and TAKA is ?

Haters gonna hate n assuming too much ;) ..

 

[nauman]

Re: In India, Toilet Paper Becomes More Valuable Than the Rupee

Just wait fakir sb Pakistan rupee is going to be effect by this.as indian export will become more competitive and u can see same scenario with pak rupee which is already under pressure and has less value

 

[sarbakaf]

Whats new

Indians have been selling thir girls all over the world any way

At least some one is offering to marry


few of them will be saved from LOVE OF GURU​

 

[Fatema]

70% of a BILLION people living under poverty line and only 152 women came forward to run to US for a better life. . . Sad!!!

 

[Fatema]

As for toilet paper. . uffffffff. . as no toilet and no water available one can imagine the worth of toilet paper..:P

 

[gazoomartian]

Re: In India, Toilet Paper Becomes More Valuable Than the Rupee

In India, Toilet Paper Becomes More Valuable Than the Rupee

By Jon C. Ogg August 28, 2013 10:20 am EDT

​

India is slowly, or rapidly, becoming a complete financial disaster. Growth has slowed and the nation is trying to do what it can to fight inflation while still trying to juice up the economy. India is one of the great BRIC emerging market nations, but it is not living up anywhere close to its potential. So, the question is, what can they do now that the rupee is hitting yet another all-time low?

Wednesday’s closing levels in India should alarm investors of emerging markets and developed markets alike. The Hindustan Times confirmed that the rupee at 68.80 is the lowest official close. Some are trying to blame the possibility of war or military conflict in Syria, but this one-way ticket to financial hell in India is more of a unique situation than it is a global one.

Even the BSE Sensex, what used to be known as the Bombay Stock Exchange, has now suffered another 500 point plunge before recovering. We recently warned that emerging market investors would try and try to remain patient, up to a point, but capital is exiting the nation rapidly and investors have decided for now to not allocate new capital into India.

Calling a bottom based on technicals and oversold sentiment is easier to do in developed markets, but many investors do not give the same feelings in emerging markets because they want to enter these markets when the fundamentals merit a long-term investment. Most longer-term investors and traders do not enter emerging markets for a quick in-and-out trade of a few percent, but rather for serious gains over a longer period. The situation is bad enough that trying to be a bottom fisher may simply resemble being a bottom sniffer.

India is a market and economy with great promise. Its growth generally rivals that of China and its population is over 1.2 billion. It is also a young population, and one that is still growing. Unfortunately, its policies are not working and its infrastructure is simply not up to date in a manner that can support its full potential growth rate ahead. And at the end of the day, the country simply has to develop internal growth, as it cannot simply rely on being an outsourced-IT and outsourced call center nation for the rest of the world.


We previously said that the Indian rupee is becoming worth less than the paper it is printed on. Unfortunately, toilet paper is holding its value in dollars better than the nation’s currency. The WisdomTree Indian Rupee (NYSE: ICN) hit a new low of $17.42 and the exchange-traded product is down 2.6% on last look. Its price chart looks like a downhill ski slope, with the end being a cliff rather than the ski lodge.


WisdomTree India Earnings Fund (NYSEMKT: EPI) is down yet another 2.7% at $13.05, and it hit a new low of $13.00 on Wednesday against a high of $20.50. The PowerShares India (NYSEMKT: PIN) is down another 2.5% at $13.54, and it hit a new low with its 52-week range now at $13.50 to $19.66. The India Fund Inc. (NYSE: IFN) is a closed-end fund rather than an exchange traded fund (ETF), and it is down almost 1.75% at $16.95, with its shares hitting a new multiyear low of 416.88, against a 52-week high of $24.10.
Market Vectors India Small-Cap ETF (NYSEMKT: SCIF) is down almost 3% at $22.38, and the new low was put in today, with its 52-week range now being $22.25 to $46.60. This one is now down over half from its high and without any extreme leverage other than holding smaller stocks.

If good old regular emerging stock market losses are not daring enough for you, there is the triple-leverage suicide show for true gluttons for punishment. The Direxion Daily India Bull 3X Shares (NYSEMKT: INDL) is down another 7.5% to $27.62. and its new 52-week range is $27.20 to $99.20. Imagine an ETF with leverage so high that you can take losses of greater than 70%, and that is even after the fund announced a reverse split effective as of August 20.

Here is why there is so much promise in India. GDP growth had averaged about 7% since 1997, but now India’s growth is slowing down to what might as well be recessionary. Its localized inflation seems to be a mystery to outsiders when you consider that it implemented reforms and deficit reduction measures to reverse its slowing growth. The nation’s gross domestic product was $4.76 billion in 2012 on a purchasing power parity basis, making it the fourth largest economy in the world with some 6.5% growth.
We previously noted, indicating levels right around now, that if India’s stock market and currency were to fall another 10% or 15% then the foreign capital outflows might create true economic and market panic. That is the risk right now, so things either are going to suddenly get much better with a new set of policies or India is about to jump off the cliff.

Unfortunately, emerging market investors now have to wade through territory that they might have only worried about back in our own recession. It is sad to report that the BRIC nations may just be the new PIIGS. It is a sad day when owning toilet paper is better than owning paper money in a country.


By Jon C. Ogg

welcome to:

1. riba based economy
2. vast influx of US dollars thru outsourcing and call centers
3. kashmirion ki bud-dua
4. Pak per jhoota ilzam of Mumbai terror

 

[gazoomartian]

Re: In India, Toilet Paper Becomes More Valuable Than the Rupee

Just wait fakir sb Pakistan rupee is going to be effect by this.as indian export will become more competitive and u can see same scenario with pak rupee which is already under pressure and has less value

you sure got worried and offended because of this thread. Must be an Indian or her chamcha :biggthumpup:

 

[Dhiraj Kumar]

70% of a BILLION people living under poverty line and only 152 women came forward to run to US for a better life. . . Sad!!!

@Fakira & F,Amma
I hope you were not among the muslim girls,

The wannabe brides include a 21-year-old Muslim girl

desperate to settle im usa.
Compared to Pakistan , India has abundance of jobs in every
Sector. If you happen to travel abroad , you ll rarely meet a pakistani who
Wants to return back. Many ll do any kind of jobs but ll never
Return to Pakistan. Indians rarely do odd jobs and prefer to
Work in the areas of studies. There does exist a large percentage
Of indians and pakistani doing odd jobs but indian community
Are in better shape.
Just ask the same question from pakistani working/living
Abroad.

 

[Dhiraj Kumar]

As for toilet paper. . uffffffff. . as no toilet and no water available one can imagine the worth of toilet paper..:P

We have all the rivers which flow to Pakistan. You might not get enough water in your areas. So please go and store water for the next show :) Toilet paper to kabhi use nahi kiya honga (bigsmile)(bigsmile)(bigsmile) 5-6 lota fakira ke liye bi rakh lena. Use bahut jyada kabjiyat (constipation) hai.

 

[Unicorn]

Re: In India, Toilet Paper Becomes More Valuable Than the Rupee

For your kind information Mr jahil fakir, pakistani rupee is currently at 104.50 against dollar. first we need to put our house in order before point the finger on some body.

Jahil Fakir this is a good one[hilar][hilar][hilar][hilar]

 

[Unicorn]

I think I am going to put my self see what my value would be. I think I can top the 100 mark(bigsmile)(bigsmile)

 

[Unicorn]

@Fakira & F,Amma
I hope you were not among the muslim girls, desperate to settle im usa.
Compared to Pakistan , India has abundance of jobs in every
Sector. If you happen to travel abroad , you ll rarely meet a pakistani who
Wants to return back. Many ll do any kind of jobs but ll never
Return to Pakistan. Indians rarely do odd jobs and prefer to
Work in the areas of studies. There does exist a large percentage
Of indians and pakistani doing odd jobs but indian community
Are in better shape.
Just ask the same question from pakistani working/living
Abroad.

Take it easy bro she is a teenage kid.