As a reward to my restless efforts towards a quality mission, I got permenant appointment in AMAL College Of Advanced Studies, Nilambur as Assistant Profesor in Commerce with effect from 6th October 2010 FN. It was a surprise for me among others to get selecion in an Aided College with out capitation fee and recommendations. The job security of new appointment gives me pleasure and happiness. The new college impressed me most in terms of its vision and values. I see our College have good potential to excel in the days to come. As i am shifted from a liberal government college environment, i am feeling a sense of inflexibility in this early days. I understand my inevitable role in the upliftment of the campus especially during this initial years of establishment.
Concerns about a global recession may continue to weigh on the domestic bourses which have tumbled in a global equities rout in the past few days. Lack of buying support has accentuated the decline on the bourses Foreign institutional investors (FIIs) continue to press sales. They have sold shares worth Rs 46,661.20 crore in the calendar year 2008 so far (till 16 October 2008). Investors now await the mid-term monetary policy review by the Reserve Bank of India (RBI) due on 24 October 2008. Some reports suggest that RBI is set to cut the repo (repurchase) rate by a steep 50 basis points, to signal a strong shift in policy focus to growth from inflation. Repo rate is the rate at which RBI provides funds to banks against the collateral of government bonds for a day to three days. On the inflation front, experts feel that the wholesale price index is expected to move downward, and will eventually come down to single-digit numbers by January 2009. Inflation based on the whole price index r...
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