US Congress passed $787 Billion stimulus package

Yesterday, the main news of all the channels was the same "US Congress passed $787 Billion stimulus package"...I think this is the first step by Obama to stimulate the US economy, out of the recession. And, it should be a news through-out the world. Because, it all started here, I mean, the recession.



The meltdown started here in US and spread to the whole world, every single individual in the world felt the whip of it in one way or the other. Even those who are not reading newspapers come to know that there is something wrong.

The banks started collapsing first and then each sector started feeling the heat. This recession is considered as bigger than the great recession after the second world war.

Everybody is praying for this phase to go away at the earliest. Millions lost their jobs, not only in US, globally. In europe or russia or middle east or Indian sub-continent or in China...every where. The consumption rate is decreasing day by day...the peoples purchasing power is coming down..nobody have the confidence...daily news about companies shedding their employee strength..and some companies, just taking advantage of this situation to sack their employees..

So, there comes the importance of this stimulus package by Obama...people are seeing a savior in Obama. What I feels is that, Obama should stop speaking and start his action. He already did that with this biggest ever economic stimulus package.

When you covert $787 billion to Indian Rupees, it will be around 37 Thousand Crores of Indian Rupees. Can you imagine the quantity???

Let's pray for the good times to come back...the terrorism to stop and a peaceful life in the future...

Worlds Cheapest Car...Rs. 1 lack car from TATA Motors unveiled...

So, finally the much hyped Rs. 1 lack car is unveiled today, on the 9th Auto Expo in New Delhi...and named as Nano...



Nobody wanted to buy Ratan Tata's concept of a Rs 1-lakh-worth People's Car when he first talked of it. Some five years later, when Tata Motors finally unveiled the 'Nano', Tata's friends and foes are lapping up this tiny four-wheeler like their own.

The car, is more than value for money with its 20 kmpl average and the smart price.

Details of the Nano:



Ratan Tata, while unveiling the Nano, said: "The car will meet all current safety norms and all emission criteria. The pollution it will cause will be lower than 2-wheelers."



The car, he said, is smaller than a Maruti 800, but has 21 per cent more volume or space inside than the 800. He said that the dealer price of the car will be Rs 1 lakh, plus value-added tax (VAT) plus transport charges.

The car's dashboard features just a speedometer, fuel gauge, and oil light. The car does not have reclining seats or radio. The shock absorbers are basic.

It will sport a 30-litre fuel tank and 4-speed manual gearshift. One of Nano's three versions will come with air conditioning, but will have no power steering. It will have front disk and rear drum brakes. The company claims mileage of 23 km per litre.

The Nano, designed with a family in mind, has a roomy passenger compartment with generous leg space and head room. It can comfortably seat four persons. Four doors with high seating position make ingress and egress easy.



Yet with a length of 3.1 metres, width of 1.5 metres and height of 1.6 metres, with adequate ground clearance, it can effortlessly manoeuvre on busy roads in cities as well as in rural areas.

Nano has a rear-wheel drive, all-aluminium, two-cylinder, 624 cc, 33 bhp, multi-point fuel injection petrol engine. This is the first time that a two-cylinder gasoline engine is being used in a car with single balancer shaft.

Nano's safety performance exceeds current regulatory requirements. With an all sheet-metal body, it has a strong passenger compartment, with safety features such as crumple zones, intrusion-resistant doors, seat belts, strong seats and anchorages, and the rear tailgate glass bonded to the body. Tubeless tyres further enhance safety.



The Nano will come in three variants -- standard and two deluxe models with AC. The standard car would be available for Rs 1 lakh (ex-showroom), while VAT and transportation costs are extra.

The Nano is expected to be commerically launched in the second half of 2008. News reports say that Tata Motors hopes to sell 500,000 units of the car, almost four times the number of Indicas it sells. Tata plans to focus on a market segment hitherto untapped.



Not since the launch of the Maruti 800 in 1983 has any car gripped the imagination of a nation and indeed car manufacturers the world over so intensely. If commercially successful, the Tata Nano can alter the passenger car market in India, and perhaps the world, beyond description.

Mumbai girls molested during new year celebrations... Pictures

In a shocking incident, two NRI women were molested by a mob of about 70 men during New Year revelries near Juhu beach sparking an outrage, but Police Commissioner D N Jadhav, on Wednesday dismissed it as minor accusing the media of blowing it out of proportion.



In a replay of a molestation of a woman by revellers at the Gateway of India exactly a year ago, the women went through the 15-minute ordeal outside a five-star hotel before the police rescued them after being alerted by media photographers at the scene. The photographers captured the incident on camera.

The incident which has raised questions on whether the country's "safest city" tag holds good for Mumbai took place at around 01:45 hrs on Monday when the two women, accompanied by two men, walked towards Juhu beach from the hotel.

The police came under attack for not filing a case the whole of Tuesday saying no complaint was registered with them, and after some buckpassing on jurisdiction issue.

Fuelling further anger, Jadhav said "Such things can happen anywhere anytime. Here also where I am. I can't keep police behind every man." "Don't make mountain out of mole hill," he told newsmen when asked about the incident.

Maharashtra Deputy Chief Minister, R R Patil, while disapproving of Jadhav's remarks said the State government will take suo motu action and the case will be taken up in a fast-track court since the victims are from California.

Nearly 36 hours after the incident, police registered a case of outraging a modesty of woman.

For more information, visit Hindustan Times @ Hindustan Times..

Is this Shilpa's Mr. right?

So, finally there is some confirmation from Shilpa about her Mr. Right or is it Wrong??...she is rich, beautiful, single, a star both in India and UK (bcoz of Big Brother)..and more over aged 32 years...the last thing she needs was a good friend and husband...she finally ends the speculations, that she is now dating with one of the richest Indians in UK..one Mr. raj Kundra...his profile is looking like rich, good looking, healthy and divorced very recently...:(

Now its looking very interesting...why Shilpa is going after a divorced man in UK...??? then comes the question why Raj is divorced 6 months back with his wife Kavita and forgot about his 15 month old baby..?? If you can relate these two questions together, you will defenitely get the answer...

Shipa and Raj seen together...


Raj is the same man who is running business in Jewellery and also involved with films...he was seen accompanying Shilpa during the inaugural of the perfume, branded S2 in London...They were together again at the IIFA awards, the Bollywood "Oscars" held in Leeds. Then, as the months went by, they seemed inseparable.

God knows where this relation is going to end..lets hope for the best...For celebreties anything can do...if today its Raj...tomorrow it can be someone else...thats what we are seeing in Bollywood or Hollywood...

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