The official technical definition of recession is 2 consecutive quarters of negative growth in a nation’s GDP ( gross domestic product ).
Recession usually followed by several quarters of slowing but positive growth in GDP.

Mohandas Karamchand Gandhi, Mahatma Gandhi ,the Father of the Nation was born on 2nd October 1869 at Porbandar in Gujarat.

In his autobiography My experiments with Truth Gandhi recalls that his childhood and teen age years were characterized by education in a local school, marriage to Kasturba at the age of 13 and an intrinsic love for ‘truth ’ and ‘duty ’.

Gandhi Jayanti is a national holiday celebrated in India to mark the occasion of the birthday of Mahatma Gandhi, the “Father of the Nation”. It is celebrated on October 2 , every year.

on 15th June 2007, The United Nations General Assembly decided to observe the International Day of Non-Violence each year on 2 October – the birth anniversary of Mahatma Gandhi, who helped lead India to independence and inspired movements for civil rights and freedom across the world.

The day is marked by prayer services and tributes all over India, especially at Raj Ghat, Gandhi’s memorial in New Delhi where he was cremated.

For Gandhi ‘Non-violence ’ and truth were two inalienable virtues. He summed up the entire philosophy of his life as : “The only virtue I want to claim is truth and non-violence. I lay no claim to super human powers : I want none”.

On 30 January 1948, Gandhi was shot and killed while having his nightly public walk on the grounds of the Birla Bhavan (Birla House) in New Delhi. The assassin, Nathuram Godse , was a Hindu radical with links to the extremist Hindu Mahasabha, who held Gandhi responsible for weakening India by insisting upon a payment to Pakistan.

Don’t panic in this troubled financial turmoil,

Your accounts are insured up to $100,000 per person by FDIC (Federal Deposit Insurance Corporation), Federal deposit insurance protects the first $100,000 of deposits that are payable in the United States.

But, Never keep more than $100,000, including interest, in any FDIC insured account. (Note: For some retirement accounts, the limit vary ..check your bank)

You should check the FDIC’s online database of to check about your bank participation in this program.  You can search for an institution by going to Bank Find formerly “Is My Bank Insured?”.

Link - FDIC’s online database of FDIC-insured institutions

China became only the 3 rd nation, behind the United States and the formerSoviet Union (Russia) who had sent people into space, though astronauts from other countries have joined the missions.

The space walk received live television coverage, and the man who performed the feat, Colonel Zhai Zhigang, radioed these calming words to President Hu Jintao and the Chinese people once he had finished his mission.

The Shenzhou-7 that carried the three taikonauts blasted off Thursday evening and flew 68 hours in space which included the 20-minute spacewalk on Saturday.

[Image courtesy /For more images - xinhuanet ]