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Sign of times: People taking rupee cover :)INR:USD ANALYSIS -WWW.NIFTYVIEWS.COM

Dear friends,
                 Not so long ago INR: USD was about to reach the exotic position of 69.Having avoided that level and with a few bang bang moves by the governor we have retraced back to 61.

Here is an interesting article i came across today

http://www.business-standard.com/article/companies/hospira-takes-rupee-cover-for-orchid-114030700242_1.html

Buyers of Indian assets are becoming nervous due to appreciation of INR:USD


WHAT AM I READING NOW ?

Draft- National Biotechnology Development Strategy – 2014 Document for Comments
Department of Biotechnology had brought out a ‘National Biotechnology Development Strategy’ in 2007 which was a guiding framework for the activities and programmes taken up during the Eleventh plan period. The strategy sought to address a number of challenges in terms of R&D; creation of investment capital; technology transfer, absorption and diffusion; intellectual property regime; regulation standards and accreditation; tailor-made human capital for science and innovation and public understanding of biotechnology. DBT has accomplished or initiated actions for most of the targets in the strategy. The implementation of Biotech Strategy 2007 has provided an insight into what works and what does not in the national context.
Consultations for the Biotech Strategy-II were held in May, 2011. Over 200 Experts and Scientists participated in each sectoral area and the recommendations are based on the discussions of the sectoral group. Based on these recommendations, the draft National Biotechnology Development Strategy document was prepared and can be seen at the link below.



The Draft National Biotechnology Development Strategy – 2014 document


DOWNLOAD THE FILE

dbtindia.nic.in/docs/NBDS_2014.pdf 

It will be a trigger for agro chemical and seeds company do give a read

 

Warren Buffett Annual letter 2013

Dear friends,
                  for any value investor Warren Buffett and berkshire hathway are mecca of investing.When the God speaks everyone hears.

Here is the link to this years Berkshire Hathway,s annual report

http://www.berkshirehathaway.com/2013ar/2013ar.pdf

do read page 4-24 in this report

Comments invited.

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