Word: stockings
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...long ago, there was no surer way to get rich in a hurry than to bet on Indian stocks. Millions of Indians were finally clawing their way into the middle class, creating a new domestic consumer market, while companies in Bombay and Bangalore emerged as global players in everything from outsourcing to pharmaceuticals. Investors went crazy. India's main stock index, the Sensex, has more than tripled in the past three years. One giddy investing show on Indian TV has even dubbed itself Sensex and the City...
...investors, much of the fun has stopped. After peaking in early May, the Sensex plunged 30% in a matter of weeks, at one point tumbling 10% in just two hours. "It feels like the hangover after a big party," Chokhani says. Indian stocks rallied dramatically late last week, but for U.S. investors eyeing this mayhem from afar, the Indian market looks as risky as it is tempting. With stock prices down, is this the moment to invest on the cheap in what many believe will be the world's fastest-growing economy over the next 50 years...
...consumer prices climbed faster than expected in May, further fanning investor fears over inflation. Stock markets around the world have cracked sharply lower the past few weeks, with the Dow Jones Industrial Average losing all the ground it had gained so far this year. Japan's stock market is down 11% on the year; gold has had its biggest slide in a decade and a half; and many emerging markets are wobbling. After Wednesday's Consumer Price Index report from the Labor Department, which showed a 0.4 percent increase in prices for May (core inflation, which excludes food and energy...
...Wedding - an intimate family flick, a love song to my Delhi and an ode to masti, the Punjabi intoxication with life. I wanted to capture my India, a place that has always lived in several centuries at once, an India of cell phones and peacocks, where housewives play the stock market, Cuban cigars are savored, and a marigold-eating tent-man reinvents himself as an event manager only to be undone by love. Little did I know then that people from Iceland to Hungary to Southern California would claim the Vermas as their family, and our wedding as theirs. Released...
...even those with adequate medical coverage will have to wait a while to get the vaccine. "Doctors probably aren't willing to stock it until they are sure insurers are going to pay for it," says Dr. Cynthia Rand, a pediatrician at the Golisano Children's Hospital at the University of Rochester in New York. The next step is for an advisory committee of the Centers for Disease Control and Prevention (CDC) to decide whether to make the vaccine mandatory for girls in the U.S. and, if so, for which age groups. Research suggests the vaccine is most effective when...