Search Results for: how to prepare physics paper in 1 days second year karachi board

Share Market Terminology: Part 1

  1. Sensex

    Sensex is the short form of Sensitive Index. The Sensex is value-weighted index composed of 30 stocks. The Sensex is regarded as the pulse of the domestic stock markets in India. It consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Stock Exchange. It is also called as BSE 30.

  2. Nifty

    Nifty or Nifty 50 is the leading index for large companies on the National Stock Exchange of India. The Nifty is a well diversified 50 stock index accounting for 21 sectors of the economy. During 60s and 70s this term was used to denote 50 popular large cap stocks on the New York Stock Exchange.

  3. Bull

    Bull means cause or attempt to cause prices to rise (in the stock exchange).

  4. BEAR

    Investor who believes a share or the overall security market will go down.

  5. Squaring Off

    Square off means to settle the position. If someone square off a trade, it means he have no position at the end of the day – only profit or loss. When you give cash order it means you give order with intention to take delivery. Thus, if you change your mind and want to sell the stock the same day (buy in case of a sell), you have to notify the broker that you are changing your trade from delivery based trade to intraday trade and thus squaring off your position.

  6. RALLY

    A rally is a term used to describe a sudden rise in stock prices, especially after a period of falling ones. For example, if the stock market drops in the morning and investors rush in to buy companies at the cheaper prices, the stock market has rallied.

  7. Crash

    A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth.

  8. Correction

    A correction is a short term price decline of 5% to 20% or so. A correction is a downward movement that is not large enough to be a bear market.

  9. Bonus Shares

    The term bonus means an extra dividend paid to shareholders in a joint stock company from surplus profits. When a company has accumulated a large fund out of profits – much beyond its needs, the directors may decide to distribute a part of it amongst the shareholders in the form of bonus. Bonus can be paid either in cash or in the form of shares.

  10. Dividend

    Dividends are payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders. When a corporation earns a profit or surplus, that money can be put to two uses: it can either be re-invested in the business (called retained earnings), or it can be paid to the shareholders as a dividend.

  11. Book Closure Date

    When shares of a joint stock company invariably change hands during market trades, identifying the owner of some shares becomes difficult. So it is difficult to pass on certain benefits (like share bonus issue, splits and dividend payments) to shareholders.

    So, when a joint stock company declares dividends or bonus issues, there has to be a cut-off date for such benefits to be transferred to the shareholders. This date is termed as “Book Closure” date or “Record Date”. It is the date after which the company will not handle any transfer of shares requests until the benefits are transferred. Only shareholders marked in the company’s register at the Book Closure Date or the Record Date would be entitled to receive these benefits. In other words, shareholders that are on the company’s records as on that date are eligible for these benefits.

  12. Bonds

    A bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest and/or to repay the principal at a later date, termed maturity. A bond is a formal contract to repay borrowed money with interest at fixed intervals.

  13. Splits

    A stock split increases the number of shares in a public company. The price is adjusted such that the before and after market capitalization of the company remains the same and dilution does not occur.

    Ratios of 2-for-1, 3-for-1, and 3-for-2 splits are the most common, but any ratio is possible. Splits of 4-for-3, 5-for-2, and 5-for-4 are used, though less frequently. Investors will sometimes receive cash payments in lieu of fractional shares.

    It is often claimed that stock splits, in and of themselves, lead to higher stock prices; research, however, does not bear this out. What is true is that stock splits are usually initiated after a large run up in share price. Momentum investing would suggest that such a trend would continue regardless of the stock split. In any case, stock splits do increase the liquidity of a stock; there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies have the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume and volatility. Berkshire Hathaway is a notable example of this.

  14. Futures

    Investment contracts which specify the quantity and price of a commodity to be purchased or sold at a later date. On contract date, the buyer must take physical possession or make delivery of the commodity, which can only be avoided by closing out the contract(s) before that date. Futures can be used for speculation or hedging.

  15. Index Trading

    Index Trading is a fairly new concept based on short term financial trades or wagers. Unlike most other emerging ways to Trade on Share markets, Index Trades are mostly contracts bought for a fixed duration with a fixed return (often up to 97% of the investment).

    Index trades rely on the trader’s ability to predict whether a Share index will effectively rise or fall over a set period.

    If the trader has picked the correct direction and their trade is successful once the time has elapsed then they are generally paid out on the agreed return within minutes. This has added to the recent popularity of Index Trading however it still hinges completely on one’s ability to predict Share index movements and it is common knowledge that such a thing is not easy.

  16. Trading on Margin

    Margin buying or margin trading is buying securities with cash borrowed from a broker, using other securities as collateral. This has the effect of magnifying any profit or loss made on the securities. The securities serve as collateral for the loan. The net value, i.e. the difference between the value of the securities and the loan, is initially equal to the amount of one’s own cash used. This difference has to stay above a minimum margin requirement, the purpose of which is to protect the broker against a fall in the value of the securities to the point that the investor can no longer cover the loan.

    Most investors buy the futures, but there are times when margin trading makes more sense. If a stock is not in the futures list, the client can go for margin funding.

    Since futures are generally not available beyond one or two months, if the client has a longer view, then margin trading is better. Also, some brokers offer lower interest rates on margin trading than the prevalent rates in the futures market.

  17. Stock

    The capital stock (or just stock) of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors. Stock is distinct from the property and the assets of a business which may fluctuate in quantity and value.

  18. Bid

    The bid for securities (such as stocks, futures contracts, options, or currency pairs) is the difference between the prices quoted (either by a single market maker or in a limit order book) for an immediate purchase.

  19. Broker

    A stock broker or stockbroker is a regulated professional broker who buys and sells shares and other securities through market makers or Agency Only Firms on behalf of investors. A broker may be employed by a brokerage firm.

    A transaction on a stock exchange must be made between two members of the exchange—an ordinary person may not walk into the New York Stock Exchange (for example), and ask to trade stock. Such an exchange must be done through a broker.

  20. Dow Jones Industrial Average

    The Dow Jones Industrial Average (DJIA), also referred to as the Industrial Average, the Dow Jones, the Dow 30, or simply the Dow, is a stock market index, and one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. It is now owned by the CME Group, who is the majority owner of Dow Jones Indexes. The average is named after Dow and one of his business associates, statistician Edward Jones. It is an index that shows how 30 large, publicly owned companies based in the United States have traded during a standard trading session in the stock market. It is the second oldest U.S. market index after the Dow Jones Transportation Average, which was also created by Dow.

    To calculate the DJIA, the sum of the prices of all 30 stocks is divided by a Divisor, the Dow Divisor. The divisor is adjusted in case of stock splits, spinoffs or similar structural changes, to ensure that such events do not in themselves alter the numerical value of the DJIA. Early on, the initial divisor was composed of the original number of component companies; which made the DJIA at first, a simple arithmetic average.

Note

This list is being compiled using definitions provided at various sources. I tried my best to give the best general explanation of all the term. If any term need correction or improvement in its explanation, please use the comment section to do so. I will look through it.

>>>> Share Market Terminology: Part 2

Share Market Terminology: Part 2

<<<< Share Market Terminology: Part 1

1.     NASDAQ

The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange located in New York City. “NASDAQ” originally stood for “National Association of Securities Dealers Automated Quotations Systems,” but the exchange’s official stance is that the acronym is obsolete. It is the largest electronic screen-based equity securities trading market in the United States and fourth largest by market capitalization in the world. As of January 13, 2011, there are 2,872 listings. The NASDAQ has more trading volume than any other electronic stock exchange in the world.

NASDAQ has three indices; NASDAQ Composite, NASDAQ-100 and NASDAQ Biotechnology Index. Its market capitalization is US$3.08 trillion (Aug 2010).

2.     Blue Chip

A blue-chip stock is stock in a company with a national reputation for quality, reliability and the ability to operate profitably in good times and bad. The most popular index which follows blue chips is the Dow Jones Industrial Average. The Dow Jones Industrial Average is a price-weighted average of 30 blue-chip stocks that are generally the leaders in their industry.

3.     Book Value

In accounting, book value or carrying value is the value of an asset according to its balance sheet account balance. For assets, the value is based on the original cost of the asset less any depreciation, amortization or impairment costs made against the asset. Traditionally, a company’s book value is its total assets minus intangible assets and liabilities. However, in practice, depending on the source of the calculation, book value may variably include goodwill, intangible assets, or both.

4.     Market Capitalization

Market capitalization (often market cap) is a measurement of size of a business enterprise (corporation) equal to the share price times the number of shares outstanding (shares that have been authorized, issued, and purchased by investors) of a publicly traded company. As owning stock represents ownership of the company, including all its equity, capitalization could represent the public opinion of a company’s net worth and is a determining factor in stock valuation. Likewise, the capitalization of stock markets or economic regions may be compared to other economic indicators. The total market capitalization of all publicly traded companies in the world was US$51.2 trillion in January 2007 and rose as high as US$57.5 trillion in May 2008 before dropping below US$50 trillion in August 2008 and slightly above US$40 trillion in September 2008.

5.     P/E Ratio

The P/E ratio (price-to-earnings ratio) of a stock (also called its “P/E”, or simply “multiple”) is a measure of the price paid for a share relative to the annual net income or profit earned by the firm per share. P/E reflects the capital structure of the company in question. P/E is a financial ratio used for valuation: a higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with lower P/E ratio. The P/E ratio has units of years, which can be interpreted as “number of years of earnings to pay back purchase price”, ignoring the time value of money. In other words, P/E ratio shows current investor demand for a company share.

6.     Spread

The difference between the price paid for a bond (the bid) and the price at which it is offered to an investor (the offer).

7.     Preference Share

Capital stock which provides a specific dividend that is paid before any dividends are paid to common stock holders, and which takes precedence over common stock in the event of liquidation. Like common stock, preference shares represent partial ownership in a company, although preferred stock shareholders do not enjoy any of the voting rights of common stockholders. Also unlike common stock, preference shares pay a fixed dividend that does not fluctuate, although the company does not have to pay this dividend if it lacks the financial ability to do so. The main benefit to owning preference shares are that the investor has a greater claim on the company’s assets than common stockholders. Preferred shareholders always receive their dividends first and, in the event the company goes bankrupt, preferred shareholders are paid off before common stockholders.

8.     Equity share

Equity shares are those shares which are ordinary in the course of company’s business. They are also called as ordinary shares. These shareholders do not enjoy preference regarding payment of dividend and repayment of capital. Equity shareholders are paid dividend out of the profits made by a company. Higher the profits, higher will be the dividend and lower the profits, lower will be the dividend.

9.     Convertible Preference Share

These are preferred issues that the holders can exchange for a predetermined number of the company’s common stock. This exchange can occur at any time the investor chooses regardless of the current market price of the common stock. It is a one way deal so one cannot convert the common stock back to preferred stock.

10. Debenture

The term is used for a medium- to long-term debt instrument used by large companies to borrow money. In some countries the term is used interchangeably with bond, loan stock or note.

Debentures are generally freely transferable by the debenture holder. Debenture holders have no rights to vote in the company’s general meetings of shareholders, but they may have separate meetings or votes e.g. on changes to the rights attached to the debentures. The interest paid to them is a charge against profit in the company’s financial statements.

11. Mutual Fund

An open-ended fund operated by an investment company which raises money from shareholders and invests in a group of assets, in accordance with a stated set of objectives. mutual funds raise money by selling shares of the fund to the public, much like any other type of company can sell stock in itself to the public. Mutual funds then take the money they receive from the sale of their shares (along with any money made from previous investments) and use it to purchase various investment vehicles, such as stocks, bonds and money market instruments. In return for the money they give to the fund when purchasing shares, shareholders receive an equity position in the fund and, in effect, in each of its underlying securities. For most mutual funds, shareholders are free to sell their shares at any time, although the price of a share in a mutual fund will fluctuate daily, depending upon the performance of the securities held by the fund. Benefits of mutual funds include diversification and professional money management. Mutual funds offer choice, liquidity, and convenience, but charge fees and often require a minimum investment. A closed-end fund is often incorrectly referred to as a mutual fund, but is actually an investment trust. There are many types of mutual funds, including aggressive growth fund, asset allocation fund, balanced fund, blend fund, bond fund, capital appreciation fund, clone fund, closed fund, crossover fund, equity fund, fund of funds, global fund, growth fund, growth and income fund, hedge fund, income fund, index fund, international fund, money market fund, municipal bond fund, prime rate fund, regional fund, sector fund, specialty fund, stock fund, and tax-free bond fund.

12. Open-end Mutual Fund

A fund operated by an investment company which raises money from shareholders and invests in a group of assets, in accordance with a stated set of objectives. Open-end funds raise money by selling shares of the fund to the public, much like any other type of company which can sell stock in itself to the public. Mutual funds then take the money they receive from the sale of their shares (along with any money made from previous investments) and use it to purchase various investment vehicles, such as stocks, bonds and money market instruments. In return for the money they give to the fund when purchasing shares, shareholders receive an equity position in the fund and, in effect, in each of its underlying securities. For most open-end funds, shareholders are free to sell their shares at any time, although the price of a share in an open-end fund will fluctuate daily, depending upon the performance of the securities held by the fund. Benefits of open-end funds include diversification and professional money management. Open-end funds offer choice, liquidity, and convenience, but charge fees and often require a minimum investment.

13. Closed-end Mutual Fund

A fund with a fixed number of shares outstanding, and one which does not redeem shares the way a typical mutual fund does. Closed-end funds behave more like stock than open-end funds: closed-end funds issue a fixed number of shares to the public in an initial public offering, after which time shares in the fund are bought and sold on a stock exchange, and they are not obligated to issue new shares or redeem outstanding shares as open-end funds are. The price of a share in a closed-end fund is determined entirely by market demand, so shares can either trade below their net asset value (“at a discount”) or above it (“at a premium”).

14. Asset Management Company (AMC)

An Asset Management Company (AMC) is an investment management firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives. For a fee, the investment company provides more diversification, liquidity, and professional management consulting service than is normally available to individual investors.

The diversification of portfolio is done by investing in such securities which are inversely correlated to each other. They collect money from investors by way of floating various mutual fund schemes.

15. Front End Load

A sales charge paid when an individual buys an investment, such as a mutual fund, limited partnership, annuity, or insurance policy. The load is clubbed with the first payment made by an investor, so the total initial payment is higher than the later payments. The purpose of a load is to cover administrative expenses and transaction costs and sometimes to discourage asset turnover.

16. Back End Load

A sales charge or commission paid when an individual sells an investment, such as a mutual fund or an annuity, intended to discourage withdrawals.

17. Company

A company is a form of business organization. It is a collection of individuals and physical assets with a common focus and an aim of gaining profits. This collection exists in Law and therefore a company is considered a “Legal Person”.

18. Common Seal

A common seal (sometimes referred to as the corporate seal or company seal) is an official seal used by a company. Company seals were predominantly used by companies in common law jurisdictions, although in modern times, most countries have abrogated the use of seals.

Traditionally, the seal was of some legal significance because the affixing of the seal signified that the document was the act and deed of the company, whereas when a document was merely signed by a director, then that was deemed to be an act carried out on behalf of the company by its agents, which was subject to applicable restrictions and limitations under the ordinary law of agency.

Corporate seals are generally only used for two purposes by corporations today:

Documents which need to be executed as deeds (as opposed to simple contracts), may be executed under the company’s common seal

Certain corporate documents, for example share certificates are often issued under the company seal (and some countries required that share certificates be issued under the common seal)

19. Company Secretary

A company secretary is a senior position in a private company or public organization, normally in the form of a managerial position or above. In the United States it is known as a corporate secretary.

The Company Secretary is responsible for the efficient administration of a company, particularly with regard to ensuring compliance with statutory and regulatory requirements and for ensuring that decisions of the Board of Directors are implemented.

Despite the name, the role is not a clerical or secretarial one in the usual sense. The company secretary ensures that an organization complies with relevant legislation and regulation, and keeps board members informed of their legal responsibilities. Company secretaries are the company’s named representative on legal documents, and it is their responsibility to ensure that the company and its directors operate within the law. It is also their responsibility to register and communicate with shareholders, to ensure that dividends are paid and to maintain company records, such as lists of directors and shareholders, and annual accounts.

20. Subsidiary Company

A subsidiary, in business matters, is an entity that is controlled by a separate higher entity. The controlled entity is called a company, corporation, or limited liability company; and in some cases can be a government or state-owned enterprise, and the controlling entity is called its parent (or the parent company).

A parent company does not have to be the larger or “more powerful” entity; it is possible for the parent company to be smaller than a subsidiary, or the parent may be larger than some or all of its subsidiaries (if it has more than one). The parent and the subsidiary do not necessarily have to operate in the same locations, or operate the same businesses, but it is also possible that they could conceivably be competitors in the marketplace. Also, because a parent company and a subsidiary are separate entities, it is entirely possible for one of them to be involved in legal proceedings, bankruptcy, tax delinquency, indictment and/or under investigation, while the other is not.

The most common way that control of a subsidiary is achieved, is through the ownership of shares in the subsidiary by the parent. These shares give the parent the necessary votes to determine the composition of the board of the subsidiary, and so exercise control. This gives rise to the common presumption that 50% plus one share is enough to create a subsidiary. There are, however, other ways that control can come about, and the exact rules both as to what control is needed, and how it is achieved, can be complex. A subsidiary may itself have subsidiaries, and these, in turn, may have subsidiaries of their own. A parent and all its subsidiaries together are called a “group”, although this term can also apply to cooperating companies and their subsidiaries with varying degrees of shared ownership.

Subsidiaries are separate, distinct legal entities for the purposes of taxation and regulation. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally or otherwise distinct from it.

Note

This list is being compiled using definitions provided at various sources. I tried my best to give the best general explanation of all the term. If any term need correction or improvement in its explanation, please use the comment section to do so. I will look through it.

Hang the Rapist: Why the Rapist Should not be Hanged?

Hang the rapist“Hang the Rapist”. We are hearing the growing demand for amendment in the law which would enable death penalty to the rapists. All over India protests and demonstrations are going on to change the law with the provision to hang the rapist.

Delhi-NCR region was always considered the worst place in India for women safety. Recently, a gang rape took place in New Delhi on 16th December. The nature and circumstance of the case took the whole country in surprise and shock. A brutal gang rape took place in a bus moving around Delhi in the early hours of night. The girl and her male friend was severely beaten by rod. After a fight for life for 15 days, the girl died. Her injury by the rod became fatal.

Why people are demanding to hang the rapist?

The demand to amend the law for strict action against rapists is not new. Several times earlier too the demands to ensure the safety of the women and strict action against the rapists has been raised. However, nothing special has been done by any government in this area. Instead to show fewer rape cases on records, police several time try to avoid registering a rape case.

Capital punishment

The capital punishment has been abolished in several countries. However, in India, capital punishment is still awarded to the convicts, but only in rarest of the rare. Further, the appeal to revert the decision could be taken up to the Honorable President. Recently, the sole alive captured convict of Mumbai attack had been hanged after refusal from the President for pardon.

In general, when the death penalty is awarded by the civic court, it is for some heinous crimes. However, military court may award this punishment for espionage or at the time of war. In some countries religious crimes also results in capital punishment.

Which is a bigger crime: rape or murder

It is a matter of debate whether murder is a bigger crime or rape. However, in Indian context the growing trend in rape crime has attracted the attention of general public for strict action. The cultural and social factors brings the crime in the class of heinous crime. During my research to write this article, I came across an article Ten Most Heinous Crimes of the Decade. Even though the article is written by California based weekly magazine referring local crime records. Most of the crimes were related to brutal rapes or murders.

A crime is a crime. What makes a crime more heinous is the brutality and motive. Rape is considered more heinous as the motive is fun and entertainment. Take the example of latest Delhi rape case, just to enjoy a few minutes or hours, the convicts ended the life of a woman. Just for fun they commit a crime which resulted in her death.

Don’t get raped

In order to curb the growing cases of rape, two ways which comes to the mind of general public. Either to educate the young ladies how not to get raped or to give such a treatment to the convicts that they would think twice before committing this crime.

The second way to give hard punishment to the rapist is beyond the control of general public. It is against law. General public could not take law in their own hands.

In the process, the first way looks very simple to them and one would find mother, aunties and elders giving the tips to the young girls how to be safe and not get raped. Precaution is a good thing. When we are using knife, we should take precaution in using it. When we are driving we should be cautious. This does not mean that we should fear while driving or using knife. But, ask a lady, they fear roaming in nights. They fear going to an unknown place alone. They even fear to travel in public transport when no ladies are around. The fear is to get raped.

The fear among the ladies is created by the over enthusiast public to prevent their close ones getting raped. The daily newspaper giving one or two news about rape incidents creates more fear among them. In few cases, some victims due to fear could not even fight back the rapists. Obviously, growing cases of rapes are evident that this method used by the public is not correct. As it is not stopping the rapist in any way.

Talk about it

Don't rape, earn it by love

If the public really want to reduce the rape cases, they need to educate the male (youth) not to rape. They should be educated about love and sex. They should understand that sex is about mutual understanding. Women are not just piece of meat to satisfy them. Women have feelings. Sex is earned by love not snatched by force. I can understand that this is not easy. If I am feeling uncomfortable to express myself on the topic. In real time it is not at all easy. But, it is important. It needs to be done. Instead of giving lectures to your daughters, talk to your son. Share with them the feeling of satisfaction after winning the heart of a lady. It is to be won but not by force. Not by force at all.

Hang the rapist

Instead of talking to the male (youth), public wants hard punishment. As any person fears most from his death. They think that death is the hardest punishment that could be awarded to a rapist. When a person is most angry with someone. They don’t think wisely. The first thing that comes to any tempered person is death penalty. Hence, when the public is angry with the growing rape cases. The first punishment that is coming to the mind of any person is to hang the rapist.

Is it justified to hang the rapist?

The only judgment the public knows it to beat the culprit till death. There are many cases where even thief caught red handed by the public was beaten to death. However, judgments are not to be done based on aggression and mood. It should be done wisely.

Trauma felt by the victim and her family

Rape is not a crime committed only in India or Asian countries. It is committed all over the world. Rape becomes a trauma for the whole life for the victim. However, in Asian or African region, honor of the family is associated with women. Rape victims could never forget the moment throughout her life. Her life destroys forever. She can never have a social life afterwards. If she is unmarried, no family would like to accept the victim as their daughter-in-law. Overall, the social condition in the region makes the rape victim to suffer both the trauma of the her experience and consequences of its reaction throughout the life. Each day they live a life like living in hell.

Capital punishment is the softest punishment

Death Penalty is the softest punishment for such a heinous crime. Even though everyone fears death. It is not the most cruel punishment of all. Think of this. The victim throughout her life suffers the deed of the rapist. Each day each moment they suffer the pain. But, what the rapist are getting in punishment. A suffering for just few minutes or even seconds. Is it enough? Do we want to give them such a soft punishment? Ask any victim, their soul wants more. They want the rapists to suffer the similar pain throughout his life that they are suffering. The rapist should be punished in such a way that they feel shame on themselves for committing such a crime.

What should be the punishment for the rapist

There are a lot of punishment that would keep the rapist alive. The punishment should be such that each day the rapist would pray to be dead. Like burn the rapist till such an extent that they would not die. The burned skin and muscles give the unbearable pain. Instead of hanging the rapist, death by stone pelting is also a very hard punishment. These looks good as punishment. But, we live in India not in any Arab nation. We are not cruel in punishment. Human right is a measure issue when we think of hard punishment. However, in the rape cases castration of the convict is an option. It would keep them alive and feel sorry for the crime they did. In my opinion Castration of the rapist with life long imprisonment is the best punishment for them. In India, life imprisonment for than 14 years is rare. But, not uncommon. The rapist should be given till alive imprisonment with castration. However, as India has signed a UN treaty which prohibit life time imprisonment without parole. The sentence could be give to 100 years, 125 years without parole.

Being in prison is not at all a simple punishment when the sentence is for life time. An imprisonment of 14 years gives the convict a hope that they would be free someday. They hope that there would be someone waiting for their return. But, if there is no hope for getting out. No one is waiting for you. The life in itself becomes meaningless. Life without a hope, without a motto, without freedom is not a life. It is hell. Plus don’t forget the condition of prison in our country. Convict will love to go to hell than to be in an Indian prison.

Some might say, why to waste the money of hard-working Indians to keep these rapist alive and feed them. First of all, it will not cost much. Secondly, it will set a live example for them who commit such crimes. And lastly, don’t think they will earn a work free healthy food, three times a day. Corruption is everywhere. Our corrupt system don’t let them have the healthy and hygienic food.

If you have any other suggestions for the punishment within the human right limit. Share with us.

Demand for Changing the Law and its Implication

The demand to hang the rapist is coming along with the demand to strengthen the law and its practice. Like fast track courts for the hearing. Quick response for the complains. More security for the girls. From the perspective of the society, all these are important and need to be implemented.

Real scenario

When we look to the ground reality, the number of FIRs for rapes cases are not the real figures. In many cases where the victim belongs to poor family or dalit family, the police try to avoid the complaint. Many a times they don’t even lodge the FIR. The figures that we see and the original figure is quiet different. In rural or remote areas, more than half of the rape cases are not reported to the police. Out of those which are reported, not for everyone an FIR is registered. One may understand that the whole data of rape cases in India is incomplete and unreal. May be the state who are registering the lowest number of rape cases are actually not registering very few rape cases in their records.

Abuse of law

For the empowerment of women there are Anti-Dowry Laws. These laws are very strict. However, these laws are abused which even supreme court has accepted. See this article: Anti-Dowry Laws being abused in India: Supreme Court.

The implementation of law should be strict. But, it should be kept in mind that these laws should not be abused for personal gains and rivalry.

Conclusion

Many countries has abolished the capital punishment. But, still they are able to keep the crime rate in check. The rapist are not criminal who earn a living committing crimes. They do it for fun and they are among us. They are mentally ill. They commit the rape just for fun. It could be controlled or even stopped by talking with our son, brothers and friends. I don’t like the idea to hang the rapist.

 

Enhanced by Zemanta

Let us Legalize Gambling

Las Vegas, Macau, Atlantic City, Bahamas, Monte-Carlo, Sun City, whenever we hear names of these cities, the first thing that comes into our mind is the famous night life of these cities, which includes gambling. It is gambling which makes these cities special worldwide. There is a very popular slogan “What happens in Vegas stays in Vegas”. Tells us why Vegas is on top of other gambling spots. From these spots, governments are earning a lot of taxes. Also, tourists are attracted towards these places.

In India, gambling is strictly prohibited. Only two states allow gambling, Goa and Sikkim. There is one casino in Sikkim and 12 in Goa. Apart from these, illegal gambling is going on throughout the country. Other than lotteries, legal gambling in India is limited to betting on horse racing. Indian gambling market is estimated to be around USD 60 billion per year, out of which half comes from illegal betting.

Questions are always raised, why betting in India is not legalized. US, UK, Australia, France, and South Africa, all of these nations have legalized and regulated gambling. In China, gambling is not allowed. But, they have made Macau, a special administrative region, along with Hong Kong. Macau in the present time is the hottest destination for Gambling. These nations are regulating gambling and on an average earning 1% of their GDP by betting. By that India could earn almost 620 billion INR.

Whenever someone asks what is wrong in legalizing gambling, the answer always moves around these stories, gambling away a family’s savings reducing it to penury. As impressive this argument sounds, the truth is this argument is for unchecked gambling. If the sector is legalized, at least these cases could be minimised by regulations. The main reason why India is not legalizing gambling, comes from the fact that those illegal gambling which is going on behind the scene will be stopped. Then they have to pay taxes to the government for betting. A large amount of black money would have to be shown on paper. Also, as the gambling will be legal, there will be no one who would go to gamble in illegal places. The power of those circles is stopping the government to legalize gambling.

With this large amount of black money moving underground, with criminal minded people involved. Some serious risk is involved like large part of it may be finding its way to terrorists or drug mafia. At least the chain will be in full check after legalization. Remember, when finance ministry advised banks to ask the customer to fill PAN number on the deposit form for amounts greater than INR 50,000, what was the consequence. Also, how VAT tax code has stopped the irregularities in retail business. The same could be expected with gambling sector.

No one could deny that prohibition stops from using prohibited thing. Sometimes we see bigger and bitter consequences. Like death of a lot of people in Gujarat by low quality alcohol. It makes sense to take betting and gambling out of the illegal nooks and crannies in the underground and make it a legitimate, regulated tax-paying business.

%d bloggers like this: