Thursday, February 4, 2010

Best way to invest your money in Gold

Gold has become an essential part of a sensible investment portfolio, and many investors buy gold for their investment,being seen as a safe haven while stock markets fluctuate. It's also become a hedge against currency uncertainty and a standard recommendation for long-term planning, such as pension plans, because of its perceived secure nature.With predictions that the yellow metal could soar again to as much as $2,500 (£1,650) an ounce (currently $910) it can look attractive. And fans point to the tremendous returns it has offered in recent years. Its price has climbed 140 per cent over the last five years, although it is only up 3.2 per cent over the past 12 months.However, the price of gold can move significantly and therefore short-term investors can still make a profit by investing money in gold.The best way of doing this is to buy gold bullion.

Gradual Decreament in tech graduates placements

The worldwide economic slowdown has led to a fall in the placement of engineering graduates in the country with only a handful of technology schools having reported cent per cent placement.There has been an average decline of 11 per cent in the placement of engineering graduates from 111 technology schools in 2009 compared to the previous year, except for 16 of them which recorded cent per cent absorption, according to the 5th IDC-Dataquest T-School, 2009 survey."The number of companies visiting T-school campuses as well as the number of jobs offered to engineering graduates declined in 2009 due to the economic slowdown," it said.

Of the 54 companies that visited T-School campuses, more than half were from Information Technology and Business Process Outsourcing sector."Only 16 of the top 111 technology schools in the country reported 100 per cent placement in the year 2009," the survey by IDC, a global market intelligence provider, said.As only 16 of the top 111 T schools reported 100 per cent placement, the survey said, "It indicates that more engineering graduates opted for higher studies in 2009 instead of opting for a job."

More than 1500 institutes will get 1GBps network

About 1,500 institutions across the country will now be connected to a high speed data communication network that would encourage sharing of knowledge, specialised resources and collaborative research.The Cabinet Committee on Infrastructure, chaired by Prime Minister Manmohan Singh, today accorded in principle approval for the establishment of a National Knowledge Network (NKN), which will be implemented by the National Informatics Centre (NIC).

"The network will consist of an ultra-high speed core which shall be complemented with a distribution layer at appropriate speeds. The participating institutions can connect to the NKN at speeds of 1 GBPS or more to the distribution layer through a last mile connectivity bandwidth," an official spokesperson said.One of the recommendations of the National Knowledge Commission (NKC) to inter-connect all knowledge institutions, the NKN is expected to be completed in two years time.
The government in 2008 had announced that it would set up such a network. An initial amount of Rs 100 crore was also allocated to the Department of IT in the Ministry of Communications and IT for the establishment of the NKN.