The Economic Times Weekend Platter

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The ET Weekend Platter offers the round up of the news that you missed during the week. We bring to you the most-read news, investment corner, stock wrap-up, issue that hogged headlines, editor's picks and the most happening trend stories from across sectors, for you to savour at your conveniance. Happy reading.
2010 may be positive year for Indian investors

Though domestic equities are likely to be volatile in Jan-March quarter, investors can expect good returns, says Credit Suisse. Tips for range-bound markets


Contest to finalise Rupee symbol down to final five

After a nationwide hunt that has lasted almost a year, the govt has come a step closer to finalising a symbol for the Indian rupee. Forex Converter | Calculators


Perks to burn bigger hole as pre-FBT norms return

Perks such as cars, rent-free accommodation, stock option plan etc have become taxable in the hands of employees now. Final worth of your investment


Story of the Week

Obama reaches climate deal with emerging powers
The 5-nation deal includes "finance mechanism" & emission cuts to curb global warming to 2 degrees Celsius, and provide info on implementation of actions.

Stock Round up

BSE Sensex posts worst weekly fall since end Oct
The 30-share BSE Index closed 174.42 points lower at 16,719.83 points, its lowest close since Nov 27.

ET Features

Indian consumer getting over the slowdown blues
Consumer durables, cars, houses, stocks, FMCG or luxury goods - the Indian consumer is bouncing back and slowly getting over the slowdown blues.

Smaller PSUs that may become big winners next year
ET lists some PSUs available at attractive valuations thay may become big winners next year.

Personal Finance

Insurance cos reel off products with filmy touch
Financial service firms are embedding their products in the story line of movies, hoping to see audiences flocking to their schemes.

It pays to drive around for best car insurance
Car insurance today comes with a lot of riders and choices. But it makes sense to shop around for premium deals that best suit your needs.

Corporate Trends

India-origin Ayer among top 12 CEO exits in '09: Forbes
AIG's chief, Hartford Financial's Ramani Ayer and GM's head are among Forbes' list of 12 high profile CEOs who left their cos in 2009.

Mukesh Ambani ranked 5th best CEO in the world
Ambani, the only Indian to feature among top 50 CEOs, is in the same league as Steve Jobs, Yun Jong-Yong, Alexey Miller and John Chambers.

Visual Treat
Bollywood actors Aamir Khan and Kareena Kapoor pose for photographs at 'Khooni Darwaza', the main gate of Chanderi Fort, at Ashoknagar in Madhya Pradesh. Actors were promoting their film '3 Idiots'.
Editor's Pick
Most Read Stories
Offbeat

Costly divorces bigger than deals India Inc cuts
If Woods divorce pans out, it will rank among the most expensive separations in the long and complicated history of matrimony.

Letter to the editor

Clean up polity
This refers to your edit 'States reorganisation' and Abheek Barman's 'Why Telangana makes sense' (ET, Dec 15). Mr Barman is right that the real victim in the fury over the creation of a new state out of Andhra Pradesh is 'reason'.

News by Industry

Stripes Monthly Update: December 2009

Stars and Stripes Monthly Update
 
Volume 4, Issue 2 – December 2009

Walmart backs off extra charge for APO shipping

Earlier this week Stripes reported that some large retailers were inflating costs to ship to APO addresses. Now, less than 48 hours after the story broke Walmart has backed down from its policy of charging U.S. service members more to ship gifts to APO addresses than stateside customers must pay.


Army stop-loss pay: When will you get your money?

Jeff Schogol has been trying to answer reader's questions regarding stop-loss pay, with a series of blog posts on the Stripes Central blog.

 

Serving in Iraq Book

servingIf gift giving is on your mind and you would like a truly unique present for that special someone, Stars and Stripes can help. For a beautiful photo book that chronicles our military presence from 2003 through 2008, consider "Serving in Iraq," available at StripesStore.com

Or you can purchase one of the many unique images taken by one of our reporters, past or present, at our Stripes photo archive


 
 

European Christmas markets

 
European Christmas markets
Courtesy photo
 

Stripes' staff put together a schedule of Christmas markets in Europe.

If you're the type that enjoys finding smaller, unknown markets "Europe Traveler" blogger Karen Bradbury found a gem in St. Wendel's Christmas market.


Troops fear corruption outweighs progress

U.S. forces chafe under challenges of working with Afghan forces
Courtesy photo
 

Tomorrow, Afghanistan's homegrown soldiers might be ready to take over the fight against the Taliban, so that American forces can begin to come home as President Barack Obama hopes.

But today, they are far from ready.

Read article and view Photo Gallery.


Most-read stories on Stripes.com this month:

 

Who's been Spotted?

holidayView holiday photos, uploaded by users on Spotted, our community photo site, or upload your own photos to share with the military community.


Stripes Big Game Giveaway

 

Didn't get your favorite video game for Christmas? Don't worry, you still have time to enter and win one of 31 games!

classifieds


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The Writer's Almanac for December 19, 2009

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Saturday

Dec. 19, 2009

The Writer's Almanac with Garrison Keillor

 LISTEN

At Christmas, my sisters and I
learned to sing carols in German:
Grandpa would give us a quarter
apiece for performing, though
only Carol could carry a tune.
After the start of the War
Father forbade us to practice,
and when Grandpa asked for his songs
we told him they weren't allowed.
You are German, he shouted. Sing!

Singt, mein kinder, für mich!

We stood mute, unhappy, ashamed,
between father and son locking eyes
while the U-boats were nosing the currents
and propellers coughed in the skies
like angels clearing their throats.

"Stille Nacht, Heilege Nacht" by Peter Meinke, from Liquid Paper: New and Selected Poems. © University of Pittsburgh Press, 1992. Reprinted with permission. (buy now)

It was on this day in 1843 that Charles Dickens (books by this author) published A Christmas Carol, the story of Ebenezer Scrooge, whom Dickens described as "a squeezing, wrenching, grasping, scraping, clutching, covetous old sinner. Hard and sharp as flint, from which no steel had ever struck out generous fire." In A Christmas Carol, Scrooge learns the Christmas spirit of generosity from three ghosts who show him his past, his present, and his future.

Dickens' previous novel, Martin Chuzzlewit (1842), was a flop, and he was strapped for cash. Martin Chuzzlewit was satirical and pessimistic, and Dickens thought he might be more successful if he wrote a heartwarming tale with a holiday theme. He started writing in late October and worked hard to get it done by Christmas.

It was on this day in 1732 that Benjamin Franklin (books by this author) began publishing "Poor Richard's Almanack."

Poor Richard's Almanac was a hodgepodge of stuff: It had information about the movements of the moon and stars, weather reports, historical tidbits, poems, and those adages that Franklin became famous for, like "Fish and visitors stink in three days" and "Three may keep a secret, if two of them are dead" and "A penny saved is twopence dear" (often misquoted as "A penny saved is a penny earned"). Some of the stuff was original and some was borrowed, drawing upon diverse sources like Native American folklore, common farmers' superstitions, politicians' speeches, and published authors' writings.

Franklin published his wildly successful almanac for a quarter century, and its popularity increased by the year. At its height, the book sold 10,000 copies a year, making it a best-seller in colonial America. Books were expensive and hard to come by in the colonies, and Ben Franklin's Poor Richard's Almanac was the only book that many households owned besides the Bible. It made Franklin rich and famous.

Benjamin Franklin said, "If you would not be forgotten, as soon as you are dead and rotten, either write things worth reading, or do things worth the writing."

It's the birthday of the man known as the "Father of Black History": Dr. Carter G. Woodson, (books by this author) born in New Canton, Virginia (1875), the son of former slaves. He was a historian, journalist, and the founder of a scholarly journal devoted to African-American studies.

While teaching high school in Washington, D.C., he did research at the Library of Congress for his thesis, The Disruption of Virginia, and earned his Ph.D. in history from Harvard. He wanted to shed light on the unacknowledged and overlooked contributions of African-Americans to the history of the United States, and focused his research on this. He also collected relevant artifacts from the 18th through 20th centuries. His collection of 5,000 items was displayed in the early 1990s at a Library of Congress exhibition in his honor.

In 1926, he founded Negro History Week to coincide with the birthdays of Abraham Lincoln and Frederick Douglass. It was later expanded to all of February and is now known as Black History Month. When he died in 1950, he was at work on a six-volume Encyclopedia Africana.

It's the birthday of the Reverend Martin Luther King Sr., the father of Martin Luther King Jr. (books by this author) and a pastor and civil rights leader himself, born in Stockbridge, Georgia (1899). He led the Atlanta NAACP chapter and encouraged his gifted son — whom he outlived by 16 years — to become involved in the civil rights movement.

In 1950, MLK Jr. wrote: "The influence of my father also had a great deal to do with my going in the ministry. ... My admiration for him was the great moving factor. He set forth a noble example that I didn't mind following." King Jr. talked about how his father made him go work in the fields, so that he knew what it was like for his forefathers. He said that his father played a great part in shaping his conscience.

At the Democratic National Conventions in 1976 and in 1980, the Rev. Martin Luther King Sr. gave the opening prayer. In 1980, he also published a book, Daddy King: An Autobiography (1980).

Be well, do good work, and keep in touch.®

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Good Poems for Hard Times
selected by Garrison Keillor

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Be Well, Do Good Work, and Keep in Touch


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Support online services in 2009

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Marketplace Money Newsletter for Weekend of December 19-20, 2009


Marketplace Money weekly update
December 19-20, 2009
This Week

Gold fever is global. Should we trust it?
It seems everyone is crazy about gold these days, so is it a good time for you to get in on the action and invest? Jeff Tyler investigates.


Where God and ETFs meet
An investment firm called FaithShares is bringing religion to the world of Exchange Traded Funds. Senior Editor Paddy Hirsch explains.


My favorite SkyMall purchase
Listeners weigh in on impulse buying and everyone's favorite airline catalogue: SkyMall.


Celebrating Christmas debt free
Russell and Kandy Hildebrandt speak with Tess Vigeland about celebrating Christmas after paying off $100,000 worth of debt.


Economy leads kids back home
A new study from the Pew Research Center says nearly one in seven parents with grown children had a "boomerang" kid move back home this past year. Apryl Lundsten reports on what it's like for young adults to return to the nest.


Putting Santa on a budget
Christmas is just around the corner, but a lot of families are still trying to set realistic gift expectations. Janet Bodnar, author of "Raising Money-Smart Kids," gives Tess Vigeland some advice.


Is a partridge in a pear tree affordable?
What would it cost to deliver everything mentioned in "The Twelve Days of Christmas"? Sean Cole tries to find out.


ALL MARKETPLACE MONEY STORIES

 
 
Money Clip

Spenders and savers frequently marry each other. That's the news from a recent academic study. Chris Farrell has some ideas about how to turn financial discord into marital harmony.

Getting Personal
Money Magazine's Penny Wang joins Tess Vigeland to answer questions from listeners.
Close quote
Submit your financial questions to GETTING PERSONAL.

SPONSOR



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Local Breaking News: D.C. mayor declares snow emergency

News Alert
06:23 PM EST Friday, December 18, 2009

D.C. mayor declares snow emergency

Decision has specific consequences for people who live or travel in the District. Vehicles must be moved from snow emergency routes by 7 a.m. or face fines and towing.

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Technology: Afternoon Edition

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Washington Post

Most Viewed Articles in Technology
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1) Twitter Hack: Part Of Broader Iranian Strategy

Late last night the popular micro-messaging service Twitter was attacked and had its website defaced by a group calling itself the Iranian Cyber Army. The Twitter homepage and the main application service page were replaced with a bold pro-Iranian and anti-American message. The message was loud, and...

2) Holiday wishes aren't in the cards: Mailed greetings decline

It's the middle of December, and Peg Willingham wants to know: Where are all the Christmas cards?

3) Google Starts Pushing Chrome To All Mac Users On Its Homepage

As we all know by now, Google Chrome for Mac and Linux are now here , and despite the Mac version missing a few features at the moment, both are earning rave reviews around the web. Meanwhile,? a report a couple days ago from Net Applications suggested that the Mac and Linux builds helped push...

4) Etsy Buys Retail Product Ad Platform Adtuitive, Gains Five New Programmers

Handmade item marketplace and community website operator Etsy , which is backed by $31.6 million in venture capital funding, has acquired New York-based advertising startup Adtuitive for an undisclosed sum.

5) Intel sued by U.S. on antitrust grounds

The Obama administration sued chip giant Intel on Wednesday over a decade-long run of actions allegedly designed to stifle competition, opening a new front in the battle that big technology firms have been waging for years against antitrust challenges in Asia and Europe.

6) Rdio Launches iPhone App That You Can't Use Yet (Updated)

Rdio , the upcoming music streaming and download service backed by the founders of Skype, Kazaa and Joost, may not be taking public beta registrations just yet, but it already has a free iPhone application live on the App Store that you can download right now ( iTunes link ).

7) FCC proposes tapping phone subsidy to bring broadband to all

The Federal Communications Commission on Wednesday unveiled a laundry list of proposals to meet a congressional mandate to give every U.S. home access to high-speed Internet service.

8) Google In Discussions To Acquire Yelp For A Half Billion Dollars Or More

Google and Yelp are in advanced acquisition negotiations, we've confirmed from multiple sources. And while the deal isn't done, we've heard that it's very likely to close. The price is supposedly at least $500 million.

9) Hackers steal SKorean-US military secrets

SEOUL, South Korea -- South Korea's military said Friday it was investigating a hacking attack that netted secret defense plans with the United States and may have been carried out by North Korea.

10) House takes steps to boost cybersecurity

House leaders have asked the chamber's security officials to implement a new cybersecurity training regimen for aides and take additional measures to protect sensitive information from potential hackers.

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