Archive for June, 2008

On Tuesday June/24/2008 Reserve Bank of India (RBI) increased the repo rate to 8.75 per cent — a six-year high — from 8.25 per cent, and CRR to 8.75 per cent from 8.25 per cent.

Reserve Bank of India’s move to hike repo rate (the rate at which RBI lends to banks) and cash reserve ratio (CRR or the portion of deposits the banks have to keep with the RBI), this two-pronged move will make it difficult for the economy to maintain its expected growth momentum of 8 to 8.5%.

Banks, which have been holding their lending rates so far, will be forced to hike them in the next few days by at least 100 to 150 basis points (100 basis points is one percentage point).

Try to Fly during the slowest days of the week.

Tuesday and Wednesday are the slowest flying days of the week for business travel and demand is low, and so the fares are cheep.

Can cataracts be inherited?

Yes, A person may inherit the tendency to develop cataracts from family history (genetics)

Other causes of cataract include:

* family history of cataracts;
* medical problems, like diabetes;
* injury to the eye;
* medications, especially steroids;
* radiation;
* long-term, unprotected exposure to sunlight;
* previous eye surgery.

Here is the list of 10 biggest shopping malls in the world.

1. South China Mall
2. Golden Resources Shopping Mall - Beijing, China
3. Central World - Bangkok
4. The SM Mall of Asia - Philippines
5. Dream Mall - Kaohsiung, Taiwan
6. West Edmonton Mall - Alberta, Canada
7. Cevahir Shopping Centre - Istanbul, Turkey
8. SM City North EDSA - Philippines
9. SM Megamall - Metro Manila, Philippines
10. Berjaya Times Square Kuala Lumpur Shopping Mall - Malaysia

[ World’s 10 biggest shopping malls ]