What is a settlement cycle?

The accounting period for the securities traded on the Exchange. On the NSE, the cycle begins on Wednesday and ends on the following Tuesday, and on the BSE the cycle commences on Monday and ends on Friday.At the end of this period, the obligations of each broker are calculated and the brokers settle their respective obligations as per the rules, bye-laws and regulations of the Clearing Corporation.If a transaction is entered on the first day of the settlement, the same will be settled on the eighth working day excluding the day of transaction. However, if the same is done on the last day of the settlement, it will be settled on the fourth working day excluding the day of transaction.

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Good Bye laptops

Can any one ever imagine of life without laptops or desktops now.!!! hmmm...yes but need anything else that replaces them. So Japan is always ready to help you out with their technlogy.Since its a time of microtechnology, everything is modeled as small as it can be so you not computers. Amazing technology from Japan . . . but can you guess what it is ?Look closely and guess what they could be... This is something that will replace your PC in the near future.Beleive it or not this the the future of forthcoming computers. After looking the picture to the right you might guess wht I'm talking about. In the revolution of miniature computers, scientists have made great developments with bluetooth technology.This is the forthcoming computers you can carry within your pockets, they are very small in size comparable to pen. This "pen sort of instrument" produces both the monitor as well as the keyboard on any flat surfaces from where you can carry out functions you would normally

China vs India: Sikkim border conflict between India and China in 1967

Did you know India has offered 800 sheep and 59 yaks to China. Image Source: Google Images I am pretty sure its hard to believe, but its true, that India has offered 800 sheep and 59 yaks to China. 1962 war with China will remain in the memories of most of the Indians. Although China was not able to gain any strategic advantage after the war. Hence China keeps on waiting or rather creating these small issues to take advantage out of them. For this China opened another front in Sikkim and Arunachal Pradesh, but they did not find any reason to start any conflict with India in these reasons. Then comes this missing flock of 800 sheep and 59 yaks besides the allegations of territorial incursions. This let to the build-up Sikkim border conflict between India and China in 1967. This is what China was looking for since 1962 war. Exchanges between the two governments dating back to 1965 reveal that China accused Indian troops of stealing the flock of animals from Tibetan herdsmen

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