Wednesday, June 30, 2010

International Financial Centre in Hongkong

Hong Kong is one of the world's foremost financial centers. Its highly developed capitalist economy has been ranked the freest in the world by the Index of Economic Freedom for 15 consecutive years.The Government of Hong Kong plays a inert role in the financial industry, mostly leaving the direction of the economy to market forces and the confidential sector. Under the official policy of "positive non-interventionism",

Hong Kong is often cited as an example of laissez-faire capitalism.
Hong Kong complete to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak Hong Kong's exports consist of re-exports, which are harvest made outside of the territory, especially in mainland China, and distributed via Hong Kong.

Even before the transfer of sovereignty, Hong Kong had recognized wide trade and investment ties with the mainland, and now enables it to serve as a point of entry for investment flowing into the mainland.

Tuesday, June 29, 2010

Moscow International Business Center

High budget deficits and the 1997 Asian Financial Crisis caused the financial crisis of 1998and resulted in further GDP decline. On 31 December 1999 President Yeltsin resigned, handing the post to the recently appointed Prime Minister, Vladimir Putin, who then won the 2000 presidential election.

Putin suppressed the Chechen insurgency, although sporadic violence still occurs the Northern Caucasus. High oil prices and initially weak currency followed by increasing domestic demand, consumption and investments has helped the economy grow for nine straight years, improving the standard of living and increasing Russia's influence on the world stage.

While many reforms made during the Putin presidency have been generally criticized by Western nations as un-democratic, Putin's leadership over the return of order, stability, and progress has won him widespread popularity in Russia.

Tourism in Jammu and Kashmir

The Himalayas divide the Kashmir valley from Ladakh while the Pir Panjal range, which enclose the valley from the west and the south, separate it from the Great Plains of northern India. Along the northeastern flank of the Valley runs the main range of the Himalayas. This densely established and beautiful valley has an average height of 1,850 metres (6,070 ft) above sea-level but the surrounding Pir Panjal range has an average elevation of 5,000 metres (16,000 ft)

The climate of Jammu and Kashmir vary greatly owing to its gruged topography. In the south around Jammu, the climate is typically monsoonal, though the region is sufficiently far west to average 40 to 50 mm rain per months between January and March. In the hot season, Jammu city is very hot and erratic rainfall occurs with monthly extremes of up to 650 millimetres , rainfall declines, and by October conditions are hot but extremely dry, with minimal rainfall and temperatures of around 29 °C

Across from the main Himalaya Range, even the southwest cloudbands break up and the climate of Ladakh and Zanskar is extremely dry and cold. Annual rain is only around 100 mm per year and dampness is very low.

Monday, June 28, 2010

Tourism in Ooty

Udhagamandalam , the capital of Nilgiri district, is popularly known as the "Queen of hill stations' among the tourist circuits. It is situated at a distance of 105 km away from Coimbatore. The height of the hills in the Nilgiri range varies between 2280 and 2290 metres, the highest peak being Doddabetta at a height of 2623 metres.

It is believed that the name Nila, has been in use for over 800 years since, the King of the Hoysalas Vishnu Vardhana, who ruled from 1104 to 1141 AD seized the Nilgiris Plateau. His general Ponisia recorded this fact in 1117 AD with mention of Todas.

The name Nilgiri was due to the blue haze, which envelops the range with most distant hills of considerable size. The establishment of numerous tea estates made Ooty famous. Lofty mountains, dense forest, sprawling grasslands and miles and miles of tea gardens greet the passengers on most routes. The annual Tea and Tourism Festival attracts crowds in huge numbers. Visit Ooty during this festival, when tea lovers from all over the world converge. An occasion not to be missed!

hill station shimla

At the Simla there was fairly inactive forest known as Shayamala, where as in local name it is called for Kali. In the year 1822 a Scottish civil servant Charles Kennedy come there and built a summer home in Simla. So many others people come to wait at the pleasant place to take pleasure in there holidays.

When the Kalka- Simla railway line was set up in the year 1903,Then Simla was become the popular hill station. This city was even briefly the capital of Punjab until the map was redrawn.

Took away along 12km road or track along a ridge, Shimla looks like a balanced on the edge of sliding into the valley. A deeply depressed line of snow covered tops, which is clearly visible form the month of April to June and again from October to November. Many people come for enjoy their honeymoon and for vacation purpose in the seasons of the snow falls.

Wednesday, June 23, 2010

IANSHyundai launches new sedan Verna Transform

Hyundai Motor India Ltd (HMIL) Wednesday launched here a new sedan, Verna Transform, priced at Rs.6.5-7.5 lakh.The petrol variant of the car starts at Rs.6.55 lakh and goes up to Rs.7.31 lakh, while the diesel version is price between Rs.7.87 and 9.02 lakh.'The Verna Transform will boost Hyundai's already superior line-up of products,' said Arvind Saxena, sales and marketing director, HMIL.

The petrol alternative comes with a 1.6 litre engine and promise to transport 15.5 km a litre in the city. The diesel Transform has a 1.5 litre engine and comes with a four-speed automatic transmission as well.The new Verna Transform is available in six colours - crystal white, stone black, sleek silver, blushing red, deep ocean blue and champagne gold.