A Lesson Hard Learnt Essay Example for Free

A Lesson Hard Learnt Essay I cannot begin to explain the importance of a mother in the life of a child. A mother’s love is something no one can explain. It is made of deep care, sacrifice and enormous strength. She is the kind of person who would slaughter her own dreams for the dreams of her children. She is someone who would stay up all night when her child is unwell. She is someone who scolds you for the petty things but embraces you when you have failed to keep up with life’s lofty expectations. A mother is a woman who has many roles to play but she would always put her children first. I also had a mother, a mother who loved me with all her might. I failed to understand her intentions behind her scolding, to understand how much she’d done for me, to understand all the hardships she went through to get me where I am. I failed to understand the values and the morals she tried to instil in me to make me a whole woman, just like she was. It was a Friday afternoon. I had just got home from an exhausting day at school. Mum was not home as yet. I lingered around the house thinking that she would be stuck in traffic and I was hoping she would come home soon because I needed to be at a party later that evening. Time passed without me doing anything constructive. I only forced myself to do work when mum was home and so I was enjoying the alone time I had with myself. The phone rang. I picked up the receiver not knowing that this one phone call would change everything forever. A jagged and cold voice whispered the news of my mum’s accident to me. My mum had slipped into a coma and the chances of her surviving where close to impossible. After hearing about this I was left dumbstruck! The receiver slipped out of my vigorously shaking hand. A sharp pain penetrated my veins and spread like a hot burning fire through my body. The fire entered my heart and my heart sank in a pool of escalating anguish. My fingers felt numb and I was unable to move for a few seconds. Slowly my hurt began flowing down my blistering cheeks as tears. The tears were flowing uncontrollably. It has been six months since the accident. In these months I’ve realised the importance of my mum. I feel the emptiness in my life. I took all the things she did for me for granted. I never showed her love and affection that she deserved. When I look back I regret all the things I should have done for her. I regret each and every word that I spat to her in anger. I regret the times we fought. Most of all I regret not telling her I love her. This tormenting experience has taught me to love and appreciate the people who love me because I am incomplete without them. This was a hard lesson learnt.

A Study On Culture And Nursing

A Study On Culture And Nursing To be able to be provide sufficient nursing care to all, nurses must understand and demonstrate culture respect and awareness. Nurses and all health care professionals must demonstrate cultural competency, cultural sensitivity. The health care system is a cultural diverse area that all health care professionals must utilise and thoroughly understand to be able to provide reliable care to all individuals no matter their race, age, sex and background. Nurses must understand that different cultures have different customs and beliefs and nurses must know how to provide correct nursing care to these different individuals. Culture refers to the cumulative deposit of knowledge, experience, beliefs, values, attitudes, meanings, hierarchies, religion, roles, relations, and possessions acquired by a group of people in the course of generations through individuals and groups. Culture can be a system of knowledge shared by a small or large group of people. A culture can be a is a way of life of a group of people-their behaviours, beliefs, values, and symbols that they accept, generally without thinking about them, and that are passed along by communication and imitation from one generation to the next, this is the way of their life. Today when people move across continents with the help of technology their culture and heritage moves along with them. Almost each and every continent is populated with people from different nations who have diverse traditions and cultures. So knowledge of health traditions and culture plays a vital role in nursing. People from different cultures have a unique view on health and illness. Culture specific care is a essential skill to the all nurses, as Australia continues to consist of many immigrants who have become assimilated into one culture. Cultural diversity is a challenge for community nurses and can present many difficulties in the provision of quality nursing care and in achieving the best possible health care outcomes. (Contemporary Nurse Journal 1992-2010) Gathering accurate information on the cultural diversity of the client group is the key to planning for quality nursing care for culturally diverse clients. By investigating service use and health trends, it may be possible to identify issues relevant to particular language or cultural groups. This may also indicate a need to develop new strategies tailored to certain cultural groups or target interventions to tackle specific health and welfare issues.'(Government Department of Human Services 2006) The responsiveness of an health care professionals to the communities and/or cultural groups it helps can be greatly effected by developing and maintaining a culturally diverse and aware workforce. Employing nurses who speak other languages or have experience and understanding of other cultures can be an important for improving an health organisations awareness and sensitivity to different cultures. Cultural awareness training for staff can raise consciousness of cultural issues more broadly and contribute significantly to improved service delivery. (Government Department of Human Services 2006) To be culturally competent a nurse needs to understand their own cultural and world views and those of the patient, and nurses need to avoided stereotyping to the scientific cultural area. Cultural competence is obtaining cultural information and then applying that knowledge. Cultural awareness allows nurses to see the entire picture and improves the quality of care and health outcomes. Adapting to different cultural beliefs and practices requires flexibility and a respect for others view points. Cultural competence means to really listen to the patient, to find out and learn about the patients beliefs of health and illness. To provide culturally appropriate care we need to know and   to understand culturally influenced health behaviours. (culturediversity.org. 1997-2008) In Australia nurses dont have to travel to far to encounter a lot of cultural differences, such as ethnic customs, traditions and beliefs. To be culturally competent the nurse needs to learn how to mix a little cultural understanding with the nursing care they offer. Perceptions of illness and disease and there causes varies by different cultures, these individual preferences affect the approaches to health care.  Culture also influences how people seek health care and how they behave toward health care providers. How nurses care for patients and how patients respond to this care is greatly influenced by culture. Health care professionals must have the ability and knowledge to communicate and   to understand all health behaviours influenced by culture. Cultural competence requires nurses to have an awareness of the fact that there are many different belief systems.  The beliefs that different cultures may have about health care and sometimes their aversion to it, may be difficult for some nurses to understand but all health care professionals must understand that nurses dont need to understand these beliefs completely, but need to respect and show some understanding and a willingness to learn. Drawbacks to cultural sensitivity can include stereotyping, discrimination, racism, and prejudice.   There may be situations in which some nurses may show a lack of sensitivity without realising it or intending to offend someone. Nurses should never make assumptions about individuals and their beliefs.   Nurses should ask questions about cultural practices in a professional and thoughtful manner if they dont fully understand the culture. Show respect for the patients support group, whether it is family, friends, religious leaders etc. Understanding where men and women fit in the patients culture is necessary, in some cultures, the oldest male is the decision-maker for the rest of the family, even with regards to treatment decisions. All nurses must make an effort to gain the patients trust and develop a rapport. Cultural competence is the ability to provide effective care for clients who come from different cultures. It requires sensitivity and effective communication, both verbally and non-verbally. (nursetogether.edu.au 2009) In conclusion nurses as a whole need to be culturally diverse in the way the provide quality health care. They need to understand that all patients are different and they will all need different nursing care to fit their culture. Nurses need to respect, understand and learn from different people about their different cultures. Nurses must not be racist, discriminatory or show any prejudice to any patient about their culture, just because it isnt the same as the nurses doesnt mean that it is wrong. The Australian Health care system is culturally diverse so all health care professionals need to uphold a high standard of care to all know matter their culture and if cultural awareness and understanding is administered nurses can provide a holistic approach to health care.

Impact of FIIs on Indian Stock Market for a period of 2006 2009

Impact of FIIs on Indian Stock Market for a period of 2006 2009 Indian economy has been witnessing a phenomenal growth since the last decade. The country is still holding its ground in the midst of the current global financial crisis. In fact, global investment firm, Moodys, says that driven by renewed growth in India and China, the world economy is beginning to recover from the one of the worst economic downturns in decades. The growth in real Gross Domestic Product at factor cost stood at 6.7 % in 2008-09. While the sector-wise growth of GDP in agriculture, forestry and fishing was at 1.6 % in 2008-09, industry witnessed growth to 3.9 % of the GDP in 2008-09. The Prime Minister, Dr Manmohan Singh, on August 15, 2009, in his address to the nation on its 63rd Independence Day, said that the Government will take every possible step to restore annual economic growth to 9 %. Further, the World Bank has projected an 8 % growth for India in 2010, which will make it the fastest-growing economy for the first time, overtaking Chinas expected 7.7 % growth. A number of leading indicators, such as increase in hiring, freight movement at major ports and encouraging data from a number of key manufacturing segments, such as steel and cement, indicate that the downturn has bottomed out and highlight the Indian economys resilience. Recent indicators from leading indices, such as Nomuras Composite Leading Index (CLI), UBS Lead Economic Indicator (LEI) and ABN Amro Purchasing Managers Index (PMI), too bear out this optimism in the Indian economy. Industrial output as measured by the index of industrial production (IIP) clocked an annual growth rate of 6.8 % in July 2009, according to the Central Statistical Organisation. Significantly, among the major economies in the Asia-Pacific region, Indias private domestic consumption as share of GDP, at 57 % in 2008, was the highest, according to an analysis by the McKinsey Global Institute. Meanwhile, foreign institutional investors (FIIs) turned net buyers in the Indian market in 2009. FIIs inflows into the Indian equity markets have touched US$ 10 billion in the April to September period of 2009-10. Foreign direct investments (FDI) into India went up from US$ 25.1 billion in 2007 to US$ 46.5 Indian economy has been witnessing a phenomenal growth since the last decade. The country is still holding its ground in the midst of the current global financial crisis. In fact, global investment firm, Moodys, says that driven by renewed growth in India and China, the world economy is beginning to recover from the one of the worst economic downturns in decades. The growth in real Gross Domestic Product (GDP) at factor cost stood at 6.7 % in 2008-09. While the sector-wise growth of GDP in agriculture, forestry and fishing was at 1.6 % in 2008-09, industry witnessed growth to 3.9 % of the GDP in 2008-09. The Prime Minister, , on August 15, 2009, in his address to the nation on its 63rd Independence Day, said that the Government will take every possible step to restore annual economic growth to 9 %. Further, the World Bank has projected an 8 % growth for India in 2010, which will make it the fastest-growing economy for the first time; overtaking Chinas expected 7.7 % growth. A number of leading indicators, such as increase in hiring, freight movement at major ports and encouraging data from a number of key manufacturing segments, such as steel and cement, indicate that the downturn has bottomed out and highlight the Indian economys resilience. Recent indicators from leading indices, such as Nomuras Composite Leading Index (CLI), UBS Lead Economic Indicator (LEI) and ABN Amro Purchasing Managers Index (PMI), too bear out this optimism in the Indian economy. Industrial output as measured by the index of industrial production (IIP) clocked an annual growth rate of 6.8 % in July 2009, according to the Central Statistical Organization. Significantly, among the major economies in the Asia-Pacific region, Indias private domestic consumption as share of GDP, at 57 % in 2008, was the highest, according to an analysis by the McKinsey Global Institute. Meanwhile, foreign institutional investors (FIIs) turned net buyers in the Indian market in 2009. FIIs inflows into the Indian equity markets have touched US$ 10 billion in the April to September period of 2009-10. Foreign direct investments (FDI) into India went up from US$ 25.1 billion in 2007 to US$ 46.5 billion in 2008, achieving a 85.1 % growth in FDI flows, the highest across countries, according to a recent study by the United Nations Conference on Trade Development (UNCTAD). According to the Asian Development Banks (ADB) Asia Capital Markets Monitor report, the Indian equity market has emerged as the third biggest after China and Hong Kong in the emerging Asian region, with a market capitalization of nearly US$ 600 billion. The Economic scenario Indian investors have emerged as the most optimistic group in Asia, according to the Quarterly Investor Dashboard Sentiment survey by global financial services group, ING. As per the survey, around 84 % of the Indian respondents expect the stock market to rise in the third quarter of 2009. With foreign assets growing by more than 100 per cent annually in recent years, Indian multinational enterprises (MNEs) have become significant investors in global business markets and India is rapidly staking a claim to being a true global business power, according to a survey by the Indian School of Business and the Vale Columbia Center on Sustainable International Investment. In its optimistic report on Macroeconomic and Monetary Development of the economy in 2009, the Reserve Bank of India (RBI) said overall business sentiment was slated for a sharp improvement from that in the April-June 2009 quarter. Further, India and China will soon emerge as the preferred destinations for foreign investors, revealed Economy.com, the research arm of global rating agency Moodys. The countrys foreign exchange reserves rose by US$ 1.28 billion to touch US$ 277.64 billion for the week ended September 4, 2009, according to figures released in the RBIs Weekly Statistical Supplement. Net inflows through various non-resident Indians (NRIs) deposits surged from US$ 179 million in 2007-08 to US$ 3,999 million in 2008-09, according to the RBI. The most recent World Bank update on migration and remittances reveals that the remittances of US$ 52 billion by overseas Indians in 2008 makes it Indias largest source of foreign exchange. India, along with China and Mexico, retained its position as one of the top recipients of migrant remittances among developing countries in 2008. FDI inflows into India in April-May 2009-10 have surged by 13 % at US$ 4.2 billion as against the previous two months driven by recovery in the global financial markets. Cumulative FDI in India from April 2000 to March 2009 stood at about US$ 90 billion. FIIs inflows into the Indian equity markets have touched US$ 10 billion in the April to September period of 2009-10. Venture Capital firms invested US$ 117 million over 27 deals in India during the six months ending June 2009, according to a study by Venture Intelligence in partnership with the Global-India Venture Capital Association. The private equity (PE) investment into the country reached US$ 1.03 billion during April-June 2009-registering an increase of 17 % sequentially-according to data compiled by SMC Capitals, an equity research and analysis firm. The year-on-year (y-o-y) aggregate bank deposits stood at 21.2 per cent as on January 2, 2009. Bank credit touched 24 % (y-o-y) on January 2, 2009, as against 21.4 % on January 4, 2008. Since October 2008, the RBI has cut the cash reserve ratio (CRR) and the repo rate by 400 basis points each. Also, the reverse repo rate has been lowered by 200 basis points. Till April 7, 2009, the CRR had further been lowered by 50 basis points, while the repo and reverse repo rates have been lowered by 150 basis points each. Exports from special economic zones (SEZs) rose 33 per cent during the year to end-March 2009. Exports from such tax-free manufacturing hubs totalled US$ 18.16 billion last year up from US$ 13.60 billion a year before. India Incs order book has more than doubled to an all-time high of US$ 15.32 billion in the second quarter of the current financial year, compared to the first quarter. On a year-on-year basis, the increase is 21 per cent. Advance tax collections for the second quarter of the current financial year (2009-10) have shown robust growth of 35 to 40 per cent across industries. The domestic mutual fund industry registered a moderate growth of 5 per cent in its assets under management (AUM) in August 2009 at US$ 15,702, due to good performance by debt funds. India exported a total of 230,000 cars, vans, sport utility vehicles (SUVs) and trucks between January and July 2009, a growth of 18 per cent owing to its liberal investment policies and high quality manufacturing that stems from its growing prowess in research and development. Indias gems and jewellery exports regained momentum and aggregated to US$ 1.9 billion in July 2009 as compared to US$ 1.7 billion in June 2009. The total Merger and acquisition (MA) deals registered during the first seven months of this year stand at 158 with a value of US$ 5.91 billion, while PE deals stand at 114, totalling a value of US$ 4.89 billion, according to consulting firm, Grant Thornton Investments in the Indian stock market through participatory notes (PNs) crossed US$ 20.65 billion-mark in May 2009. Sustainable energy investment in India went up to US$ 3.7 billion in 2008, up 12 per cent since 2007, according a report titled Global Trends in Sustainable Energy Investment 2009. The rural India growth story The Indian growth story is spreading to the rural and semi-urban areas as well. The next phase of growth is expected to come from rural markets with rural India accounting for almost half of the domestic retail market, valued over US$ 300 billion. Rural India is set to witness an economic boom, with per capita income having grown by 50 per cent over the last 10 years, mainly on account of rising commodity prices and improved productivity. Development of basic infrastructure, generation of employment guarantee schemes, better information services and access to funding are also bringing prosperity to rural households. Per Capita Income Per capita income of Indian individuals stood at US$ 773.54 in 2008-09, according to Central Statistical Organization data. The per capita income in India stood at US$ 687.03 in 2007-08 and has risen by over one-third from US$ 536.79 in 2005-06 to US$ 773.54 in 2008-09. Advantage India According to the World Fact Book, India is among the worlds youngest nations with a median age of 25 years as compared to 43 in Japan and 36 in USA. Of the BRIC-Brazil, Russia, India and China-countries, India is projected to stay the youngest with its working-age population estimated to rise to 70 % of the total demographic by 2030, the largest in the world. India will see 70 million new entrants to its workforce over the next 5 years. India has the second largest area of arable land in the world, making it one of the worlds largest food producers-over 200 million tonnes of foodgrains are produced annually. India is the worlds largest producer of milk (100 million tonnes per annum), sugarcane (315 million tonnes per annum) and tea (930 million kg per annum) and the second largest producer of rice, fruit and vegetables. With the largest number of listed companies 10,000 across 23 stock exchanges, India has the third largest investor base in the world. Indias healthy banking system with a network of 70,000 branches is among the largest in the world. According to a study by the McKinsey Global Institute (MGI), Indias consumer market will be the worlds fifth largest (from twelfth) in the world by 2025 and Indias middle class will swell by over ten times from its current size of 50 million to 583 million people by 2025. India, which recorded production of 22.14 million tonne of steel during April-August 2009, is likely to emerge as the worlds third largest steel producer in the current year. India continues to be the most preferred destination-among 50 top countries-for companies looking to offshore their information technology (IT) and back-office functions, according to global management consultancy, AT Kearney. The Indian stock markets have risen to be amongst the best performers globally across the emerging and developed markets in 2009 year-to-date, according to an analytical study by MSCI Barra indices. India has reclaimed its position as the most attractive destination for global retailers despite the downturn, according to the Global Retail Development Index (GRDI) brought out by US-based global management consulting firm, A T Kearney. Growth potential According to the Young report titled India 2012: Telecom growth continues, Indias telecom services industry revenues are projected to reach US$ 54 billion in 2012, up from US$ 31 billion in 2008. The Indian telecom industry registered the highest number of subscriber additions at 15.84 million in March 2009, setting a global record. A McKinsey report, The rise of Indian Consumer Market, estimates that the Indian consumer market is likely to grow four times by 2025, which is currently valued at US$ 511 billion. India ranks among the top 12 producers of manufacturing value added (MVA)-witnessing an increase of 12.3 % in its MVA output in 2005-2007 as against 6.9 % in 2000-2005-according to the United Nations Industrial Development Organization (UNIDO). In textiles, the country is ranked 4th, while in electrical machinery apparatus it is ranked fifth. It holds 6th position in the basic metals category; seventh in chemicals and chemical products; 10th in leather, leather products, refined petroleum products nuclear fuel; twelfth in machinery and equipment motor vehicles. In a development slated to enhance Indias macroeconomic health as well as energy security, Reliance Industries has commenced natural gas production from its D-6 block in the Krishna-Godavari (KG) basin. India has a market value of US$ 270.98 billion in low-carbon and environmental goods services (LCEGS). With a 6 % share of the US$ 4.32 trillion global market, the country is tied with Japan at the third position. PE players are planning to raise funds for the infrastructure sector. Presently, around US$ 1.42 billion is being raised by India-dedicated infrastructure funds, according to data released by Preqin, a global firm that tracks PE and alternative assets. Infrastructure, including roads, power, highways, airports, ports and railways, has emerged as an asset class with long-term growth that can provide relatively stable returns. NASSCOM has estimated that the IT-BPO industry will witness an export growth of 4-7 % and domestic market growth of 15-18 % in 2009-10. Further, it has projected that around 40,000 students will be absorbed by IT companies this fiscal. With the availability of the 3G spectrum, about 275 million Indian subscribers will use 3G-enabled services, and the number of 3G-enabled handsets will reach close to 395 million by 2013-end. Exchange rate used: 1 USD = 48.21 INR (as on July) 1 USD = 47.81 INR (as on September) FIIS Foreign Institutional Investors is used to denote an investor; it is mostly of the form of an institution or entity which invests money in the financial markets of a country. The term FII is most commonly used in India to refer to companies that are established or incorporated outside India, and is investing in the financial markets of India. These investors must register with the Securities Exchange Board of India to take part in the market. Foreign investment refers to investments made by residents of a country in another countrys financial assets and production processes. After the opening up of the borders for capital movement, foreign investments in India have grown enormously. It affects the productivity factors of the receiver country and has the potential to create a ripple effect on the bop of the country. In developing countries like india, foreign capital helps in increasing the productivity of labor and to build up foreign exchange reserves to meet the current account deficit. It provides a channel through which these countries can have access to foreign capital. Foreign investments can be of two forms: foreign direct investment and foreign portfolio investment. FDI involves direct production activity and has a medium to long term investment plans. In contrast the FPI has a short term investment horizon. They mostly investment in the financial markets which consist of FIIs. They invest in domestic financial markets like money market, stock market, foreign exchange market etc. FIIs investments are volatile in nature, and they mostly invest in the emerging markets. They usually keep in mind the potential of a particular market to grow. FII has lead a significant improvement in India relating to the flow of foreign capital during the period of post economic reforms. The inflow of FII investments has helped the stock market to raise at a greater height according to financial analysts. Sensex touched a new height. It crossed 10000-mark in Jan 2006 which was 9323 in 2005. FII participation in the Indian stock market triggers its upward movement, but at the same time increased liquidity through FII investment inflow increases volatility. HISTORY OF FII India opened its stock market to foreign investors in September 1992, and in 1993, received portfolio investment from foreigners in the form of foreign institutional investment in equities. This has become one of the main channels of FII in India for foreigners. Initially, there were many terms and conditions which restricted many FIIs to invest in India. But in the course of time, in order to attract more investors, SEBI has simplified many terms such as: The ceiling for overall investments of FIIs was increased 24% of the paid up capital of Indian company. Allowed foreign individuals and hedge funds to directly register as FIIs. Investment in government securities was increased to US $ 5 Billion. Simplified registration norms. P-NOTES (Participatory Notes) are instruments used by foreign investors that are not registered with the Securities Exchange Board of India to invest in Indian stock markets. For example, Indian-based brokerages buy India-based securities and then issue Participatory Notes to foreign investors. Any dividends or capital gains collected from the underlying securities go back to the investors. That is why they are also called Offshore Derivative Instruments. Trading through Participatory Notes is easy because participatory notes are like contract notes transferable by endorsement and delivery. Secondly, some of the entities route their investment through Participatory Notes to take advantage of the tax laws of certain preferred countries. Thirdly, Participatory Notes are popular because they provide a high degree of anonymity, which enables large hedge funds to carry out their operations without disclosing their identity. The first question that we need to ask is the necessity of FIIs as an instrument for investment into India. This is not a common place of markets; if, for example, a non-resident of the US or of England chooses to invest in an American or an English or a German stock, he does not have to hold his investment indirectly through an FII, but can hold it directly in his own name. An FII in India is a superfluous addition created simply to suit the regulatory requirements of SEBI. FIIs serve no economic purpose but they exist in order to provide SEBI with a bureaucratic layer between a foreign investor and the regulator. It enables SEBI to pretend that it controls foreign investors when in fact SEBI has no control on the ultimate investor. It is a good example of obscuring the true character of foreign investment in India through a non-transparent and expensive set-up. The P-Note is an additional twist in this indirect investment as it enables those who wish to invest in the Indian market to do so without disclosing their identity. FIIs impact on the Indian economy: The Indian stock markets are both shallow and narrow and the movement of stock depends on limited number of stocks. As FIIs purchases and sells these stocks there is a high degree of volatility in the stock market. If any set of development encourages outflow of capital that will increase the vulnerability of the situation. The high degree of volatility can be attributed to the following reasons: The increase in investments by FIIs increases stock indices in turn increases the stock prices and encourages further investments. In this event, if any correction takes place the stock prices declines and there will be full out by the FIIs in large number as earning per share declines. The FIIs manipulate the situation of boom in such a manner that they wait till the index raises up to a certain height an exit at an appropriate time. This tendency increases the volatility further. So even though the portfolio investment by FIIs increases the flow of money in the economic system, it may create problems of inflation. FIIs Influence in Indian Stock Market Institutional Investor is any investor or investment fund that is from or registered in a country outside of the one in which it is currently investing. Institutional investors include hedge funds, insurance companies, pension funds and mutual funds. The growing Indian market had attracted the foreign investors, which are called Foreign Institutional Investors to Indian equity market, and in this paper, we are trying a simple attempt to explain the impact and extent of foreign institutional investors in Indian stock market. What does the name FII means? It is the abbreviation of Foreign Institutional Investors. The term is used most commonly in India to refer to outside companies investing in the financial markets of India. International institutional investors must register with the Securities Exchange Board of India to participate in the market. One of the major market regulations pertaining to FIIs involves placing limits on FII ownership in Indian companies. They actually evaluate the shares and deposits in a portfolio. The major source (almost 50%) of money the FIIs invest is from the issue of Participatory Notes (P-Notes) or what are sometimes called Offshore Derivatives. There are over 1484 FIIs and 38 foreign brokers registered to Securities Exchange Board of India. We are also examining whether market movement can be explained by these investors. We often hear that whenever there is a rise in market, it is explained that it is due to foreign investors money and a decline in market is termed as withdrawal of money from FIIs. After 1991, due to our liberalization process, there was large flow of foreign funds from abroad. Investments by FII are Rs. 2,55,464.40 Crores as compared to Rs. 2,83,468.40 Crores by the end of 31 December 2007. That implies that they had withdrawn almost 9% of money they had deposited till December 2007. The amount was much in the months of 2008 as compared to corresponding months of 2007, and that is a reason for the volatility of the stock market. In 2008, the net buying is only Rs. 5,603 Crores compared to Rs. 36,869 Crores in 2007. A more investments by FIIs indicate that they are confident in Indian market. Usually, the mode of operations of FIIs was taking loans from countries where interest is low (like Japan) and invests in booming markets like India. But the sub-prime crisis and other economic conditions had caused a liquidity crunch for these institutions. So they are forced to withdraw money from Indian market so as to repay loans they had taken. These withdrawals had caused panic in market, and even domestic investors are making them sell their shares. But one aspect we should agree on is that the FIIs increased role had changed the face of Indian stock market. It had brought both quantitative and qualitative change. It had also increased the market depth and breadth. Emphasize is on fundamentals had caused efficient pricing of shares. Since there is no condition on FIIs that they should disclose in which company they are investing, those figures are not available. Many qualitative tests like regression tests had proved that there is direct relation between market movements and fund flows of FIIs. In this, we will analyze the investments in different months and years, and tries to find the impact of FIIs in stock market. Investments of FIIs on Indian Stock Market The current investments of FIIs is Rs. 2,55,464.40 Crores. This is almost 9% of the total market capitalization. If we explain the things in simple terms, market pundits often attribute the rally of stock market and fall of stock market to the flow of funds by FIIs. We often hear the terms FIIs Fuel the Market Run. If we analyze the impacts, then the major impacts are: They increased depth and breadth of the market. They played major role in expanding securities business. Their policy on focusing on fundamentals of the shares had caused efficient pricing of shares. These impacts made the Indian stock market more attractive to FIIs and also domestic investors, which involve the other major player Mutual Funds. The impact of FIIs is so high that whenever FIIs tend to withdraw the money from market, the domestic investors become fearful and they also withdraw from market. Just to show the impact, we analyze below the 10 biggest falls of stock market: Day (Point loss in India) Gross Purchase (Rs. Crores) Gross Sales (Rs. Crores) Net Investments (Rs. Crores) 21/01/2008 (1408) 3062.00 1060.30 2001.80 22/01/2008 (875) 2813.30 1618.20 1195.10 18/01/2008 (687) 1077.20 1348.40 -271.20 17/12/2007 (826) 670.00 869.00 -199.00 21/11/2007 (678) 640.70 791.80 -151.10 18/10/2007 (717) 1107.00 1372.50 -265.50 16/08/2007 (643) 989.50 750.30 239.20 02/08/2007 (617) 534.50 542.00 -7.50 01/08/2007 (615) 809.40 956.90 -147.50 18/05/2006 (856) 761.80 527.40 234.40 Major Intra Day Collapses in BSE Sensex From this table, we can see that the major falls are accompanied by the withdrawal of investments by FIIs. Take the case on January 18, 2008, the Sensex lost almost 687 points. Here, the net sales by FIIs were Rs. 1348.40 Crores. This is a major contributor to the fall on that day. But contrary to that day, take the case on January 21, 2008, the Sensex lost 1408 points and the gross sales was Rs. 1060.30 Crores and the purchases were Rs. 3062.00 Crores. So this can be concluded that after the fall of market, FIIs had invested again into the market. From this, we can see the effect of FIIs. Net Investments of FII from 2006-09 Year Net Investment 2006 36539.7 2007 71486.5 2008 -29169 2009 15281.8 Now we analyze the net investments graph from 2006 to 2008. From this, we can see that there was small decrease in investments in the year 2006. But there was a steep increase in the year 2007-08. This was the best period in Indian stock market where stock prices were increased and the market was in good mood. When we take the investments in 2008, the net investments is negative.

McMurphy as Christ in Ken Keseys One Flew Over the Cuckoos Nest :: One Flew Over Cuckoos Nest

McMurphy as Christ in One Flew Over The Cuckoo's Nest In "One Flew Over The Cuckoo's Nest," McMurphy is successfully perceived as a heroic Christ figure. Kesey uses foreshadowing and images, the fishing trip, actions and feelings of other characters to develop this character. Foreshadowing clues and images are used to contribute to McMurphy as a figure of Christ. In the beginning of the novel McMurphy is baptized with a shower before entering the ward. The reader is also introduced to Ellis, a character who spends the entire novel in a cross position "nailed against the wall, arms out," (page 20). Another clue to McMurphy's developing character is presented during the electroshock therapy. McMurphy willingly lies down on a cross shaped table, ending up in the same position Ellis foreshadowed. McMurphy also asks for his crown of thorns. Before the therapy a schizophrenic patient approaches him and says "I wash my hands of the whole deal", as Pontius Pilate said to Jesus before sentencing him to death. Jesus was also friends with a prostitute named Mary, just like McMurphy was friends with prostitutes. The development of McMurphy as a Christ figure deepends, when he leads the patients on a fishing trip. McMurphy takes the "twelve of us [patients] towards the ocean," (page 203) just like Jesus' 12 disciples, to test and strengthen their faith in him and empower them. Fish have also been an important religious Christian symbol, as the fishing trip is an important symbol of the novel. When the trip is over, the Chief describes the sense of change that most of the patients had and even claims that they "weren't the same bunch of weak-knees from a nuthouse anymore." (Page 215). This really shows the way McMurphy is starting to guide and lead the patients, just as Jesus lead his disciples. Finally the actions and feelings of the other characters successfully shows the development of McMurphy as a Christ figure and hero. Clearly smiliarities can be drawn between McMurphy and Jesus' healing. Jesus, made blind men see and mute men speak. McMurphy is the one who prompted the Chief to speak for the first time in years, when he says "Thank-you." (Page 184) and eventually, McMurphy "heals" Chief of his `deafness' and `dumbness'.

Buddhism in Fight Club Essay -- Literary Analysis

â€Å"Whenever we find one who has come unscathed through every test in childhood, youth, and manhood, we shall set him as a Ruler to watch over the commonwealth; he will be honoured in life, and after death receive the highest tribute of funeral rites and other memorials.† Great philosophers like Plato and Machiavelli raised a lot of arguments in how a true guardian is like. Although there have been some oppositions on how guardians should execute duties, it is noticeable that both philosophers agree that a true guardian is more than just a leader. A true guardian assumes active responsibility to the society of which he or she is part. As discussed in Plato’s The Republic and Machiavelli’s The Prince, guardians are leaders that don’t own any possessions and they are active in ruling the society. True guardians are enlightened from shadows of lies. These rulers desire to offer his people a better world to live in. True Guardians must be very skillful in fighting. Siddhartha Gautama is a great example of a true guardian. 'Siddhattha Gautama' means descendant of Gotama who is efficacious in achieving aims. He later became known as Buddha, which means "one who is intuitive, awakened, or enlightened." But how does one achieve enlightenment and what do you do after gaining it? Siddhartha Gautama was born in Lumbini, near the Nepalese-Indian border. Asita, a famous wise sage, predicted that he would become a great king or a great religious teacher. Siddhartha’s father, King Suddhodana, wished for his son to be a king so he shielded him from religious teachings or any knowledge of human sufferings. King Suddhodana evidently thought that any contact with unpleasantness might prompt Siddartha to seek a life of renunciation as a religious... ...mber 8, 2010, http://www.san.beck.org/EC9-Buddha.html. Sanderson Beck, â€Å"Buddha and Buddhism,† accessed December 8, 2010, http://www.san.beck.org/EC9-Buddha.html. Buddhist-Tourism.Com, â€Å"Buddhism Statistics,† accessed December 8, 2010, http://www.buddhist-tourism.com/buddhism/buddhism-statistics.html. Chuck Palahniuk, Fight Club (W. W. Norton & Company, Inc. 2005), 46. Chuck Palahniuk, Fight Club (W. W. Norton & Company, Inc. 2005), 41. Chuck Palahniuk, Fight Club (W. W. Norton & Company, Inc. 2005), 43. Robin Chew, â€Å"The Essences of Buddha’s Teachings, accessed December 6, 2010, http://www.lucidcafe.com/library/96jun/buddha2.html. Chuck Palahniuk, Fight Club (W. W. Norton & Company, Inc. 2005), 48-49. TeachingsOfBuddha.com, â€Å"Do Not Believe in Anything,† accessed December 10, 2010, http://www.teachingsofthebuddha.com/do-not-believe-anything.htm.

Analysis of Slough by John Betjemen Essay

In Slough, Betjemen presents many ideas about his views on technological advancement. Most of these views are negative, and he comes off as being very cynical of the system, and also portrays a sort of violent hatred towards the industrialisation and rise of capitalism in Slough. However, he also seems to have some hope for the future. Initially, Betjemen uses lots of repetition of words such as ‘tinned’ to emphasise his views. The phrase ‘tinned mind, tinned breath’ could possible be used to suggest even the very things that make people human – such as the mind and the breath – have too become commercialised and artificial due to the growth of industry and capitalism in Slough. Furthermore, he compares mind and breath to ‘tinned milk, tinned beans’, which could possibly be used to symbolise how ‘mind and breath’ have lost all value or meaning. In addition, he refers to ‘peroxide hair’ and ‘synthetic air’. This could possibly be used by Betjemen to portray the artificial nature of modern living and how unnatural and superficial it is. This cynicism is emphasised by the way in which this poem makes use of lots of enjambment. This could possibly suggest that this poem is a sort of ‘rant’ by Betjemen, and that he releases all his views in a sort of ‘stream of consciousness’. Alternatively however, the fact that full stops are used at the end of each stanza could possibly suggest that Betjemen has structured this poem intentionally, to emphasise every point made in each stanza, and that this poem is used to provoke thought in the reader. John Betjemen is also portrayed as being quite angry at these occurrences in the poem. The fact that he calls for ‘friendly bombs to fall on Slough’ is quite drastic, and the oxymoron of ‘friendly’ and ‘bombs’ is quite peculiar, but also portrays how he wants Slough to be destroyed. Furthermore, he writes ‘Swarm over, Death’, which again, is quite drastic, but Betjemen possibly uses this phrase to portray the extent to which he hates Slough now. He also asks these ‘bombs’ to ‘blow’ Slough ‘to smithereens’, which could possibly be used to suggest that he wants the town to be destroyed to the point of no return, and that he doesn’t want this way of living to come back. In addition, Betjemen writes ‘smash his desk of polished oak’ and ‘smash his hands’. The use of violent language such as ‘smash’ accurately portrays Betjemen’s fury and anger tow ards Slough, and the description of ‘polished oak’ could possibly represent how Betjemen wants this new method of opulent and capitalist living to end. However, Betjemen also portrays the way in which there is possibly hope for the future. In the poem, he asks for the bombs to spare ‘the bald young clerks’ and that it’s ‘not their fault’, showing how Betjemen still has hope in humanity, and that it is the people at the top of the system who are responsible for all these issues. In addition, the fact that Betjemen writes that they ‘daren’t look up and see the stars’ could possibly suggest that this issue of industrialisation and commercialism is thankfully confined to this area, and that hopefully, other part of the world will stay the way they are. Furthermore, Betjemen writes that the ‘cabbages are coming now’, which could possibly suggest that this is all going to end, and that eventually everything will revert back to normal, being ‘ready for the plough’. The fact that the ‘earth exhales’ could possibly be a ‘sigh of relief’ that this is all over. However, alternatively, it could suggest that it is the Earth’s ‘final breath’ before death due to the acts of mankind, and the full stop at the end of the poem could suggests that there is possibly no future. Overall, Betjemen seems to very critical of the developments of mankind, and describes its many downfalls. However, it is evident that he keeps an open mind, and hopes for a better future.

Communication in Children / Young People Essay

Speech, language and communication play a vital role in our lives. Without being able to talk to, and understand other people we can’t do things alike: Almost everything we do involves speech, language and or communication Children develop communication skills from birth. They rely on speech, language and communication to be able to learn at school and play with their friends. They need these skills to reach their full potential. Children begin to understand words before they can say them. They then learn how to say these words and how to put them together to make sentences. Some develop quickly, while others may take longer. Being able to say what you want? and to understand what others are saying are the most important skills we need in life. Yet many people take communication for granted. For some children and young people, communicating with others is difficult and they have speech, language and communication needs – SLCN. This short essay outlines the importance of communication at school, and provides information about SLCN and highlights ways through which a better environment can be structured to facilitate better communication and how those who support them need to understand their difficulties and their ways of communicating. What is (SLCN)? The term speech, language and communication needs (SLCN) encompass a wide range of difficulties related to all aspects of communication in children and young people. These? can include difficulties with fluency, forming sounds and words, formulating sentences, understanding what others say, and using language socially. † Bercow, J. (2008) The Bercow Report: A Review of Services for Children and Young People (0-19) with Speech, Language and Communication Needs, p. 13. Put simply, children and young people with SLCN find it difficult to communicate with others. This can be because of difficulties with speech, with talking, with understanding what is said to them or with interacting with other people around them. How well adults understand SLCN can have a really important effect on the impact SLCN make on children and young people’s lives. For some, language is the only difficulty they have; everything? else, like their cognitive and physical skills are ok. This can be called a primary or specific speech, language or communication difficulty or impairment. You may hear the term SLI (specific language impairment). For others, their SLCN are part of another condition. This can include things like learning difficulties, autism and hearing impairment. SLCN can be very severe and complex. The impacts for children and young people can be felt across all areas of their learning and development. Some children and young people have less severe forms of SLCN. This may be called delayed speech, language and communication. Children and young people are developing speech, language and communication in the same way? as others, following typical patterns of development, but at a slower rate. Defining Speech, Language and Communication Speech: refers to, saying sounds accurately and in the right places in words; speaking fluently, without hesitating, or prolonging or repeating words or sounds. Language: refers to speaking and understanding what is been said; using words to build up sentences, sentences to build up conversations and longer stretches of spoken words and making sense of what people say. Language is used to represent concepts and thoughts. Communication: refers to how we interact with others; Communication is a vital and continuing process. It is the means by which all humans make contact, share experiences, understand their world and find their place within it. Why are speech, language and communication skills important? Speech, language and communication skills are the building blocks for learning. Children use their knowledge of sounds in learning to read and spell. They use the words they know to understand what they hear, to share what they think and to ask questions. These words and concepts are vital for making sense of new information or ideas that they are finding out about. Children and young people’s interactions at school with adults and their peers are crucial in supporting their learning. Research has shown that in areas of social disadvantage, at least 50% of children have delayed language. (Locke, A. , Ginsborg, J. , and Peers, I. 2002) however, it’s important to note that children and young people from all areas and backgrounds can have delayed language. Clinical Pragmatics reflects an emerging awareness that some communication difficulties could not be attributed to ‘purely’ linguistic problems. For a long time before that, practicing speech and language therapists had worked with children and adults whose primary difficulties seemed to lie with the understanding and/or production of connected discourse. (‘Relevance Theory and Communication Disorders’ Eeva Leinonen and Nuala Ryder, 2008. ) Communication is the basis of our lives and we would in this day and age, be handicapped without it. Everyday we are communicating with each other in some way or another, be it by using words, actions or even expressions in conveying a message. Communication refers to the exchange of thoughts and ideas with the intention of conveying information. The purpose of communication is to convey one’s beliefs, ideas, thoughts, or needs with clarity so as to reach a consensus or a mutually acceptable solution. But there are factors that can either hinder or help us communicate effectively or not they can be physical or non- physical. The Physical- refers to the environment surrounding the participants in the communication process; for example: (good) good ventilation, chairs and other materials are properly arrange, temperature is set just right, the place or venue is presentable.. tc. (bad) a very noisy place, air pollution, the place is very dirty and the materials for the event is not properly arrange, poor ventilation and extreme temperature. Non physical- negative attitudes of both source and receiver are barriers to effective communication this comes in the form of disinterest, bigotry, arrogance, or negligence. Facilitating effective communication among children with SLCN A communication friendly environment should make communication as easy, effective and enjoyable as possible. It should provide opportunities for everyone to talk, listen, understand and take part. There are also simple ways you can make your classroom ‘communication friendly’. This might include thinking about: Space, light and layout? , Noise levels? , Using visual support? , Clear and consistent routines Whatever age you teach, whatever your subject, language is crucial. How many new words do you use in one day? How much do your classes talk with each other, work in groups or share what they have done with the rest of the class? How do you use language to instruct, explain, question and extend? How much written language is there too? The Cambridge Primary Review states: ‘the ways in which teachers talk to children can influence learning, memory, understanding and the motivation to learn. ’ The first step in identifying a pupil? who has SLCN is by someone noticing that they are struggling with their communication. As a teacher, you have a crucial role in being the ‘someone’ who spots these difficulties. Some ways to help improve communication? are using simple language? ; Use short chunks of language and; only include the important points; repeat and rephrase where necessary; slow your speech and insert more pauses; ? se shorter sentences? and, avoid difficult words. This will support the communication development t? of all children and young ? people but for some, more specialist interventions will be needed by suitably qualified and experienced professionals e. g. SLT’s and specialist teachers. This might be through a recognized programme such? as the Nuffield Dyspraxia Programme, Language ? through reading or social ? use of Language Programme, or through a combination of approaches tailored to suit the individual child. Communication may be supported through AAC ? uch as signing, use of low- tech strategies such as Picture Exchange Communication System (PECS) or an electronic voice output device. This will also mean that adults supporting these children will need specialist skills and training. Conclusion With the right support at the right time, children and young people with SLCN can have their needs understood, identified and supported. This will enable them to engage positively with learning and socializing, to develop independence and a positive self-image and to experience a wide range of life chances.