Welcome 2013, happy new year!

Monday, December 31, 2012

As the clocks tick on, another year is about to pass over and we entering not only a new year. Wishing you all a very happy and prosperous new year.

A brief looks Nature, Economic, Political and Technology happening over 2012

Nature: The hype created around Dooms day - 21st Dec 2012 was quite interesting and funny. This can be made into movie, in line with movie '2012' and sure would be a block buster.

Some of the stories which went around .... Earth would stop its rotation due to magnetic pole swift, Yellow stone volcanic eruption and its impact, huge sized Asteroid hitting the earth similar to one happened during time of Dinosaur.

All of which were scary only to remind us how blessed are we, to just to carry on by taking all nature's action for granted. Apart from above hoax, 2012 had been relatively peaceful year.

Economy: Another year passed by with currency wars happening as usual. Paper currency continued to loose stream as investment focus was on more trusted 'yellow' metal - Gold. On year on year basis, as of Dec 2012, there is around 20% hike.

From my view point, it looks like gold has reached it saturation point for the given economic condition of the world. From now on any hike may be slower one, unless there is further turmoil in Economy.

From economy growth perspective, the response was mixed and one can say it was sluggish all across the globe. After few years of growth, there had been a fall in India GDP this year.

The economic outlook for India does not seem to look promising particularly with higher NPA (Non performing assets - Recent RBI report) in banking sector with inflation refusing to come down.

Political: Political climate across there globe was much quiet. 2011 saw political changes in middle east, but 2012 was quite. 2013 could be a crucial year for India, before the general election before proposed election in 2014.

Technology: Virtualization and mobile communication continued to grow. Virtualization in form of cloud computing and mobile communication packed with feature are being widely marketed. In future mobile phones might become once valet and even used towards identity of a person apart from his signature or picture.

With every passing year, not only do we become old, but also become more mature and with keener understanding of life. Lets learn to live without regrets and focus our energy towards our goals.


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