Sunday, December 21, 2008

Miladi Sherif

Mohammed, the Prophet of Islam, was born on the 20th April, 571 AD. Muslims all over the world celebrate the birth of the Prophet in various ways. In Kerala the practice of large scale celebration of the Prophet's birthday is of recent origin. Reading what is commonly known as the 'Maulod' which is a short biography of the Prophet written both in verse and prose in the Arabic language has been the common ritual of the day. Of late in Kerala, there has developed another practice connected with the Miladi Sherif. Night lectures are organised during the first twelve days of the month when Muslim Ulemas through their discourses enlighten the people on the various aspects of the life of the Prophet. Thus through the celebrations connected with the Miladi Sherif, the Muslim masses get an opportunity to be enlightened on the life and teachings of the Prophet.
The celebration of the Miladi Sherif in certain parts of the State, for instance Ponnani, is marked by busy activity connected with large scale feeding of the poor. Here in the Muslim Centre, one finds that the town is active during the whole night busily engaged in the charitable work of supplying food to the poor.
Recently Miladi Sherif celebration has assumed greater importance in Kerala. On this occasion colourful processions are taken out through the towns reciting Thakbir. These processions finally converge on some central place where public meetings are held These public gatherings are addressed by well-known speakers who deals with the various aspects of the Prophet's life. Such meetings are often attended largely by non-Muslims also.

Monday, December 15, 2008

Risks of Venture capital

A limited secondary market for shares – this may make them hard to sell. To partially address this issue, some VCT managers offer a Buy Back facility, normally at a discount to the net asset value. Type of company the VCT invests in – VCTs are designed to provide capital for small companies and each VCT will invest in a number of companies. There is a risk that these companies may not perform as hoped and in some circumstances may fail completely.
  • Where the 30% non-qualifying investments are invested – typically, VCTs have invested the 30% non-qualifying investments in money market securities/gilts/cash deposits etc. Some, however, invest part of this in more risky investment vehicles which may raise the overall risk profile of the fund still further.
  • Withdrawal of tax breaks – if certain criteria are not met, for example, if the investment is not held for five years or if the VCT does not invest 70% of its funds in qualifying investments, the initial tax breaks can be withdrawn.
  • Charges – the levels of charges for VCTs may be greater than for other investments, and you may also be charged performance fees.
  • Security of capital – as with any asset-backed investment, the value of a VCT depends on the performance of the underlying assets, so you may get back less than you originally invested, even taking into account the tax breaks.

Monday, December 08, 2008

Dhuna Shri Gorakh Nath Ji

Cause of Establishment:There have been nine Siddhas in the Nath cult, the foremost of them is Shri Gorakh Nath who was an accomplished yogi. This place is said to be the site of ascetism of Shri Gorakh Nath where his fire place (Dhuna) is even today present. It is also believed that Shri Gogaji met Shri Gorakh Nathji here and became his principal disciple. Gorakh Nathji gave him spiritual education and instructions. The temple of Gogaji is only 3 Kms. Away towards the west from this place.

Brief of the Diety: The idol of Bhairuji and Devi along with Lord Shiva and his family are worshiped in this temple. The Dhuna of Gorkh Nathji is also an object of worship. In this temple there is a stone image of Goddess Kalika which is made of stone and is in standing posture having the size of 3 ft. Side by side is the black stone idol of Bhairuji of the equal size. By them is the Shiva family and other Samadhis (entombments) of the yogis.
Important Architectural Characteristics:The Dhuna Guru Gorakhnath is on a mound, hence it is called Gorakh teela.Dhuna of Gorkh Nathji is also an object of worship. In this temple there is a stone image of Goddess Kalika which is made of stone and is in standing posture having the size of 3 ft. Side by side is the black stone idol of Bhairuji of the equal size. By them is the Shiva family and other Samadhis (entombments) of the yogis.

Tuesday, December 02, 2008

Amethyst

Amethyst is a stone that is highly valued in that it differs from common quartz because of its violet to purple color. The coloration is caused by the presence of iron and/or manganese. Amethyst has an absorption spectrum of 550-520 and its color can be restored or enhanced by the high energy of X-ray radiation. As a member of the quartz group, it has a hardness of 7, density of 2.65 and streaks white. It occurs in the trigonal crystal system and is composed of silicon dioxide. Amethyst are found in geodes of alluvial deposits. The most significant deposits are in Brazil, Madagascar, Zambia, Uruguay and many others including the United States (Arizona). It is a birthstone for February and is commonly used in jewelry. Ametrine or tristine is half amethyst (purple) and half citrine (yellow) and its deposits are located in Brazil and Bolivia.