It happened all at once. The service of Wordpress.com immediately down. It came as a shock for the bloggers around the globe. Majority of the blogs in the blogosphere are hosted by wordpress. Around 92 lakhs blogs down at once.

As a citizen of India I can’t turn my face away from the coming union budget. I believe that union budget will determine the future of Indian stock market. But not only the market but the common man also eagerly waiting for the budget to come. So always expectations are high. Do the finance minister live up to these expectations only time will prove. The budget last July gave a clear indication that UPA government is with the common man, the aam admi. The only proof at that time was the crores spent for the NREG program. Another one is Bharat Nirman. No doubt these are social welfare programs, benefiting the rural population in this country.

In a study done by London business school it is found out that Sweden is the most innovative driven economy in the world. Sweden has ousted US from the throne. The top five economies are Sweden, Japan,US, Finland and Singapore. Countries are selected in terms of technological skills and usage of communication technology.

It is a common practice that politician’s sons and daughters become politicians. Rahul Gandhi is no exception. After the death of our former prime minister Rajiv Gandhi The sucession streak became a little bit disturbed. But that too was only a matter of time. After several times of reiteration that she would never enter politics Sonia Gandhi, widow of Rajiv, finally entered into politics. NDA reigme made it possible and the Gandhian era in Indian politics started yet again. At the end there were dramatic changes. Sonia gave up the PM chair and became an embodiment of sacrifice in Indian politics. But she remains the power house of congress party and Indian politics.

Strong selling pressure witnessed in Indian stock market during the second half of January. Year 2010 started with a positive note in Indian stock market. Traders expressed huge buying interest in the beginning. Expectations were high. Everyone predicted an upward trend only. FIIs also bought Indian stocks during this time.

These are the major news regarding Indian stock market during the month of January 2010

Debate is on. The RBI policy is clear. Growth is the need of the hour. Inflation was a major concern, and still remains so. But reserve bank of India in it’s monetary policy only hiked CRR rate. The cash reserve ratio will become 5.75% from the present 5 percent.

Today (25th January 2010), N.N Sathyavrathan, former course director of Kerala Press Academy and veteran journalist, passes away. He was also the news editor of Mathrubhumi daily,one of the leading newspapers in kerala.

Brokerages in India are doing everything possible to woo their customers. In terms of investor population India is a poor country compared to rest of the world. Only Less than 2 percent of India’s population is investing in share market. Stock Exchanges and regulatory bodies are doing aggressive campaigns to attract more people towrds stock market investing. Like other sectors financial services sector also on it’s verge to boom in the recent future.

Recently Bayt.com (middle east’s no.1 job site- as they are claiming) published a survey regarding the usage of internet in the middle east. The survey found the internet crowd population in the middleeast increasing drastically.People in the middle east uses internet primarily for checking their mails. Their second priority was reading the news, then they surf for better job opportunities.