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Recently, the Moody’s analysts have warned that the due to global meltdown, India’s Gross Domestic Product could be hurt. Although India robust financial planning has saved it from the mar of global depression, it couldn’t protect itself from the uncertain global economic movements.

According to the Moody’s analysts, the Indian economy has relied heavily upon the political, economic and financial shocks which are not so conducive for its global survival. Moreover, the county’s foreign currency assets are significantly higher than its total foreign obligations.

For Brooks Laboratories, the day proved to be not as good as its shares sloped downwards and touched the days lowest of Rs 57.75 and closed down at Rs 60.20 on BSE. Today, the strong economy of India made it possible for the market to trade 7.5 crore equity shares.

Although the day was not that profitable for Brooks, as a share did opened at Rs 110. Following the downward trend of the Brooks share, the Chairman of the company, Atul Ranchal assured that the company will do better in the coming future. The company is envisaging to book sales of Rs 125 crore by reaching its profits to Rs 20 crore, in 2013.

A recent study has found that women during their reproductive period are at a higher risk of suffering depression. Medical experts are of the opinion that the responsibility of bringing up kids and job related stress make them tire because of which they feel depressed.

The most shocking revelation that has been unveiled is that men are also succumbing to depression. Decades ago, there was no trait of men suffering depression but now men are also significantly feeling depressed. The experts are of the opinion that the reluctance of men in sharing their feelings causes depression among them.

According to a recent report, it has been revealed that the Kiwifruit in the area is being affected by a certain disease that is extremely dangerous to the health of the crop. This has called for an announcement by the health authorities of the vicinity that the entire crop will now be sprayed with antibiotics that would prevent the crop from getting spoilt further. There are many farmers who have lost all their crop of the season to this disease.

In a recent effort to reduce the number of clawbacks, it has been revealed by the ProCare and the Auckland PHO that they shall completely fund the after-hours nurse’s triage. This shall be done for improving the standards of healthcare provided to the people in need, in the afterhours.

This was according to a special document of the ProCare leaked to a doctor from New Zealand. They are of the view that they shall offer 11 A&M clinics up till 10pm. This drive shall be started all over the nation from today.

Global stock market extended losses during Asian hours after poor number in US jobs reported on Friday and continuing sovereign debt concerns. HSI is down more than 2.8%, NIKKEI -1.8% CHINA -1.9% and KOSPI more than 4% in red.

Based on he wave structure shown on S&P500, oil and Treasurys, we believe that risky assets are headed lower in this week. As such, we US dollar should strengthen in this week against the other major currencies.

Usd/Chf intra-day