President Barack Obama's inaugural speech was fascinating in substance. No doubt the leader who promises "change" has changed the history of the U.S. in becoming its first black President with the strong support of the American people who have exhibited their preference for him without any colour discrimination which is really an excellent exhibition and proof of their camaraderie and changed outlook in accordance with the need of the present time.The blunders committed by George Bush cannot be considered as those of the American people as a whole....
Thursday, 22 January 2009
Saturday, 17 January 2009
MODEL BANKING
Posted on 19:20 by vikash gupta
The comments of R. Seetharaman, chief executive officer of Doha Bank (Micro sector fit for Islamic financing, Deccan Chronicle dated 16 January 2009) are worthy of consideration and implementation. Islamic financing is not exploitative in nature as in the case of the 40 per cent interest charged by banks for credit card users. Reports of a large number of such users being in deep trouble unable to pay their dues is the result of a system which is based on legal and not practical grounds. Of course the defaulters are also equally guilty. There needs...
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