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emptiness

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A love of mine with a song and a wine,

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I have nothing to fear.

Love is hell of giving and holds up.

In the bright emptiness in a room full of it

Is a cruel mistress oh oh….

I feel this sunrise and then the so hollowness

For I have no let her go, not go,

Then I feel so lonely there is a better place for this emptiness

And I am so lonely; there is a better place for this emptiness.

Tune mere jana kabhi nahi jana ishq mera dard mera

Tune mere jana kabhi nahi jana ishq mera dard mera

Ashiq tera bhid me khoya rehta hai

Jane jana pucho to yeh kehta hai-

Then I feel so lonely there is a better place for this emptiness

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Live Union Budget 2011 | Union Budget 2011 Highlights | Live Streaming 2012

The Indian economy is expected to grow at 8.75-9.25% in financial year 2012 according to the Economic Survey for the year 2011-12 announced on Friday.

Robust growth and steady fiscal consolidation have been the hallmark of the Indian economy in the year 2010-11 so far. The growth rate has been 8.6% in 2010-11 and is expected to be around 9% in the next fiscal year.

The growth has been broad-based with a rebound in the agriculture sector which is expected to grow around 5.4%. Manufacturing and services sector have registered impressive gains. Savings and investment are looking up while exports are rising. However, food inflation, higher commodity prices and volatility in global commodity markets have been a cause of concern underscoring the need of fiscal consolidation and stronger reserves.

For IBN7 Live

Moneycontrol

Below are the highlights:

On Growth

• Indian economy to grow 8.75-9.25% in FY12

• Expect Indian econ to top 9% growth rate FY12

• Maintaining growth with price stability key challenge

• Seeing fast, strong turnaround in Indian economy

• India growth likely to revert to pre-crisis level FY12

• Expect India’s economic growth to pick up medium-term

• Probability of second-dip recession very low

• FY11 GDP growth relatively broad-based

• Monsoon, crude prices pose risk to econ growth

On Inflation

• Inflation is clearly a dominant concern

• Inflation may stay elevated on West Asia crisis

• Food price, demand pressure to drive inflation outlook

• Inflation largely driven by food items

• High food inflation "dark cloud" on Indian economy

• High food prices driven by demand factors

• Inflation pressure seen exacerbated by global prices

• Rising purchasing power aiding spurt in food prices

• Economic recovery triggered demand-side pressure in economy

• Inflation pressures from both domestic, global factors

• Core inflation suggests inflation now generalised

• Need to prevent inflation slipping into core sector

• Food inflation stubbornly in double-digits

• Inflation likely to moderate on fiscal, monetary steps

• Committed to provide cooking fuel at affordable price

• Plan to increase diesel prices in staggered manner

• Government to cap auto fuel prices if crude oil spurts

• April-December average inflation of 9.4% highest in 10 years

• High food inflation not unique to India

• Inflation significantly above RBI’s comfort level

• Need to be vigilant against demand-side pressures

• Grain release in batches, not bulk, to tame inflation

On Fiscal Front

• Centre’s fiscal broadly on consolidation track April-December

• India FY11 fiscal gap seen 4.8% on higher GDP base

• India FY11 revenue gap seen 3.8% of GDP

• Current account gap likely to moderate on export spurt

• Need to lower fiscal deficit

• Liquidity crunch mainly due to large government cash balance

• Need more proactive fiscal steps to eradicate poverty

• Favours smart cards also for kerosene, fertiliser subsidy

• Buoyant tax revenue key driver of fiscal consolidation

• Rise in corporate, service tax mop-up noteworthy

• Prospects of revenue-led fiscal consolidation bright

• Better subsidy targeting improving fiscal management

• Direct Taxes Code proposed to be launched April 2012

• Tax buoyancy, 3G auction brightened FY11 fiscal health

• States likely to be back on fiscal consolidation FY12

• States’ consensus on GST yet to be achieved

• Deepening reforms key to sustain fiscal consolidation

On Monetary Front

• Need persistent anti-inflation monetary stance

• Government implementing gradual exit from stimulus

• Liquidity management major challenge for RBI

• Excessive cash crunch makes credit delivery difficult

• Need G20 co-operation to manage forex flow volatility

• RBI forex market intervention unlikely to be inflationary

• Don’t want total reliance on import to beat shortages

On Banking, Financial Institutions

• Minimum capital requirement for banks should be graded

• Two types of banking licences could be considered

• May mull separate licence for basic, full banking services

On Industry

• Deceleration in industrial output cause for concern

• Slowdown in industrial growth seen temporary

• Medium-term industrial growth prospect seen positive

• Plan to increase diesel prices in staggered manner

• Government to cap auto fuel prices if crude oil spurts

• Committed to provide cooking fuel at affordable price

• Need to keep all options open if forex flows hurt economy

On Food Prices

• Food price, demand pressure to drive inflation outlook

• Maintaining growth with price stability key challenge

• High food prices driven by demand factors

• Higher FY11 farm growth to help ease food prices

• Rising purchasing power aiding spurt in food prices

On Agriculture

• Need to review grain release, procurement policies

• Don’t want total reliance on import to beat shortages

• Ample scope for improvement in grain release policy

• Grain release in batches, not bulk, to tame inflation

• Urgent need to expand storage space, facilities

• Need to plug PDS slippages to expand, improve coverage

• Smart card, coupons to help target food subsidy better

• Favours smart cards also for kerosene, fertiliser subsidy

On Capital, Investment

• Need to deepen capital markets

• "Sluggish" bureaucracy impeding FDI inflows

On External Affairs

• Economic uncertainty prevails in Europe, US

• Probability of second-dip recession very low

• Need to keep all options open if forex flows hurt econ

• Slowdown in FDI partly offset spurt in FII investment

• Need G20 co-operation to manage FX flow volatility

• RBI forex market intervention unlikely to be inflationary

• "Sluggish" bureaucracy impeding FDI inflows

Miscellaneous

• Direct Taxes Code proposed to be launched April 2012

• Tax buoyancy, 3G auction brightened FY11 fiscal health

• States likely to be back on fiscal consolidation FY12

• States’ consensus on GST yet to be achieved

Speaking about it, Siddhartha Sanyal, Chief India Economist, Barclays Capital told CNBC-TV18 said the survey was on expected lines. He expects fiscal deficit at 5.3% of GDP in FY12. "Nominal GDP is expected to come in at 14.5-15% for next fiscal," he said.

Union Budget 2011 : Hybrid Vehicles Gear Up

2011 UNION BUDGET: ELECTRIC AND HYBRID VEHICLES GET A FILLIP

2011 Reva NXR Electric Vehicle

The 2011 Union Budget seems to certainly be a rosy one, at least for the electric and hybrid vehicle space as a slew of measures to reduce the overall cost of Electric and Hybrid vehicles along with popularizing them kicks in. One such measure is the adoption of many smaller cities as EV cities. Through this, the government will earmark many tourist towns which will use electric and hybrid vehicles for transport of tourists.

Along with this, hybrid cars being manufactured in India will be incentivized with a excise duty cut of 5%. Hybrid car part imports also will be exempted from the regular custom duty of 10%. That essentially translates to cheaper spare parts for the likes of the Toyota Prius Hybrid and the Honda Civic Hybrid. Hybrid conversion kits, which will enable conventional cars to be converted to hybrid cars will also see a see the excise duty being cut from 10% to 5%.

Going forward, such kits will thus get cheaper hence making hybrid conversions cheaper. Also, replacement batteries for EVs get cheaper as the central excise duty and the basic custom duty stands waived. Hydrogen powered vehicles also will get a straight 10% waiver on the excise duty front. With these measures, the Indian government hopes that more fuel saving and environment friendly hybrid vehicles will be sold and manufactured in India.

Most Valuable Nascar Teams 2011

No. 1: Hendrick Motorsports

Value: $350 million
Profit: $18.2 million

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No. 2: Roush Fenway Racing

Value: $224 million
Profit: $8.6 million

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No. 3: Richard Childress Racing

Value: $158 million
Profit: $5.9 million

---

No. 4: Joe Gibbs Racing

Value: $152 million
Profit: $8.7 million

---

No. 5: Penske Racing

Value: $100 million
Profit: $4.5 million

---

No. 6: Stewart-Haas

Value: $95 million
Profit: $5.9 million

---

No. 7: Michael Waltrip Racing

Value: $90 million
Profit: $5.8 million

---

No. 8: Earnhardt Ganassi Racing

Value: $76 million
Profit: $5.2 million

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No. 9: Richard Petty Motorsports

Value: $60 million
Loss: $5.4 million

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No. 10: Red Bull Racing Team

Value: $58 million
Loss: $2.8 million

Oscars Award 2011 Winners

Oscars 2011 Winners List

Best Sound Editing
Richard King – "Inception"

Best Soundtrack
"The Social Network"

Best Supporting Actor
Christian Bale -"The Fighter

Best Foreign Film
"In a Better World"

Best Original Screenplay
"The King’s Speech"

Best Adapted Screenplay
"The Social Network" – Aaron Sorkin

Best Animated Feature
"Toy Story 3"

Best Supporting Actress
"Melissa Leo"

Best Cinematography
"Inception"

Best Art Direction
"Alice in Wonderland"

Inception Gets 4 Oscar Award

Inception Gets 4 Oscar Award Follows:

• Best Cinematography Award
• Best Sound Editing Award
• Best Sound Mixing Award
• Best Visual Effects Award

Inception is a 2010 science fiction film, which was written, produced, and directed by Christopher Nolan. The film stars Leonardo DiCaprio, Ken Watanabe, Joseph Gordon-Levitt, Marion Cotillard, Ellen Page, Tom Hardy, Cillian Murphy, Dileep Rao, Tom Berenger, and Michael Caine. DiCaprio plays Dom Cobb, a specialized spy or corporate espionage thief. His work consists of secretly extracting valuable commercial information from the unconscious mind of his targets while they are asleep and dreaming. Unable to visit his children, Cobb is offered a chance to regain his old life in exchange for an almost impossible task: "inception", the planting of an idea into a target’s subconscious. This won an award for Best Visual Affect in the 83rd Academy Awards
Development began roughly nine years before Inception was released. In 2001, Nolan wrote an 80-page treatment about dream-stealers, presenting the idea to Warner Bros. The story was originally envisioned as a horror film, inspired by concepts of lucid dreaming and dream incubation. Feeling he needed to have more experience with large-scale films, Nolan opted to work on Batman Begins, The Prestige, and The Dark Knight. He spent six months polishing up the script for Inception before Warner Bros. purchased it in February 2009.Filming spanned six countries and four continents, beginning in Tokyo on June 19, 2009, and finishing in Canada in late November of the same year.
Inception was officially budgeted at $160 million, a cost that was split between Warner Bros. and Legendary Pictures. Nolan’s reputation and success with The Dark Knight helped secure the film’s $100 million in advertising expenditure.Inception premiered in London on July 8, 2010, and was released in both conventional and IMAX theaters on July 14, 2010.Released to critical acclaim, the film grossed over $21 million on its opening day, with an opening weekend gross of $62.7 million.It received 8 Academy Award nominations, including Best Picture, Original Screenplay (Nolan), and Cinematography (Pfister). In addition to strong box office results, Inception has also grossed $68,644,403 in DVD-sales.

Oscar Award 2011 Online Live Streaming

Watch Oscar 2011 awards online streaming if he rolled out the red carpet in this Feb. 27, 2011. Here again comes to the Oscar recognition, given the films that have entered the well-known in the past year. Everyone is always glad to know that your favorite movie will take home an Oscar this year. Oscars 2011 live stream after the Oscars, has 10 major Hollywood movies for best picture, the children all right, "Toy Story" was nominated 3 includes social networking, speeches, fund king, fighter, Black Swan, 127 hours,Awards in 2011 Live StreamSunday, February 27, 2011, broadcast live from the historic to the Kodak Theatre in Hollywood on ABC at 8 pm ET. hosts this year are the surprise pairing of actress Anne Hathaway and actor James Franco. Sandra Bullock, Robert Downey Jr., Halle Berry, Nicole Kidman, Mandy Moore and Gwyneth Paltrow among the stars, and leading artists will be selected during the Awards night.

http://www.livestream.com/academyawards

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