Short term bond fund: Since the Reserve Bank of India’s [Get Quote] indicative rate cuts in the last few months, the interest rate has been falling steadily. According to experts we are looking at a lower interest rate regime, at least in the short term. No wonder, returns from these funds have been impressive..
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A year and a half into their great experiment, Omidyar and his partners realized that pen based computing was not about to take off anytime soon. As it happened, Ink Development had also put together some software tools for online commerce, and this marginal project now seemed to be the most promising part of the business. The company relaunched as eShop, an electronic retailing company.
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In the fourth inning, Nationals right fielder Bryce Harper threw out Anthony Rizzo on a close play at third. The umpire was so perfectly positioned to make the call, he could have been a cartoon cat waiting for a mouse to come out of its hole. Cubs manager Joe Maddon challenged, and after a three minute, 46 second delay, the call was upheld..
The FAO cautions, however, that high food prices are likely to continue for at least the next decade, and that the long era of large world food surpluses and cheap exports that began with the Green Revolution in Asia in the 1960s may be over for good. For now at least, there are signs of improvement. Since the beginning of the year more than $18 bn in cash and commodities has been pledged by donors to meet the food crisis, including $500 mn from Saudi Arabia, $5 bn over two years from the US and $1.2 bn in low interest loans and grants from the World Bank.