Participatory Notes Essay Example for Free

Participatory Notes Essay Participatory Notes commonly know as P-Notes or PNs are instruments issued by registered foreign institutional investors (FII) to overseas investors, who wish to invest in the Indian stock markets without registering themselves with the market regulator, the Securities and Exchange Board of India SEBI. SEBI permitted foreign institutional investors to register and participate in the Indian stock market in 1992. Investing through P-Notes is very simple and hence very popular amongst foreign institutional investors. Contents 1 Working 2 Need 3 Participatory Notes Crisis of 2007 4 Trends in PN 5 References Working Participatory notes are instruments used for making investments in the stock markets. However, they are not used within the country. They are used outside India for making investments in shares listed in that country. That is why they are also called offshore derivative instruments. In the Indian context, foreign institutional investors (FIIs) and their sub-accounts mostly use these instruments for facilitating the participation of their overseas clients, who are not interested in participating directly in the Indian stock market. For example, Indian-based brokerages buy India-based securities and then issue participatory notes to foreign investors. Any dividends or capital gains collected from the underlying securities go back to the investors. Need Anonymity: Any entity investing in participatory notes is not required to register with SEBI (Securities and Exchange Board of India), whereas all FIIs have to compulsorily get registered. It enables large hedge funds to carry out their operations without disclosing their identity. Ease of Trading: Trading through participatory notes is easy because participatory notes are like contract notes transferable by endorsement and delivery. Tax Saving: Some of the entities route their investment through participatory notes to take advantage of the tax laws of certain preferred countries. Money Laundering: PNs are becoming a favourite with a host of Indian money launderers who use them to first take funds out of country through hawala and then get it back using PNs.

Skinwalkers by Tony Hillerman :: essays research papers

The fraud in the story â€Å"Skinwalkers† was committed for the sole purpose of getting back at the American government. The reasoning behind the fraud was because a treaty that was signed at Fort Summer decades ago. This treaty promised things to the Indian people things, which were never delivered, such as one teacher for every thirty residents. Basically Dr. Yellowhorse was now making the government reimburse the hospital for the bills of people who had already been released and even for people who were already deceased. The reason this was done so easily was because there were no death certificates for the deceased and many people that were dead had no date of death along with there name. The cases where Dr. Yellowhorse easily covered up people that were still living because he worked in the hospital and had access to the financial data. This meant it was almost effortless for him to file faulty reports as often as possible. The only problem that Yellowhorse ran into was that some people were starting to catch on. Onesalt had caught on to the hospital fraud and was building a case against Dr. Yellowhorse and the hospital. This is also the reasoning for why Endocheeney, Wilson Sam and Roosevelt Bistie had all been killed and furthermore why an attempt had been made on Jim Chee’s life. Yellowhorse feared she would expose him so he had her murdered by making up a story that she just like the others was a skinwalker and they had put a curse on whomever did the particular killing (the mother). Before being shot Onesalt had spoken to officer Chee and Yellowhorse assumed that now he knew as well or would find out with time. Chee probably should have caught wind of what was going on long before the end of the book. He was the detective on the case and I even realized what was going on before he did. The hardest part of putting two and two together was finding a motive, which throughout most of the book there didn’t seem to be one. This was of course until Yellowhorse spilled his beans to Chee right before he was going to kill him. The government would have to take a much closer look at death records and even possibly monitor the Badwater Clinic more closely to avoid a reoccurrence of this sort. Basically the government needs to take a more hands on approach to dealing with these types of situations.

Pros and Cons of Cloud Computing Essay

With the unprecedented growth and spread of information, there is no wonder why large Information Technology companies have been investing in the â€Å"cloud†. To expand, when referring to Cloud Computing, this means to access and store information not stored with in your computer whether it be public, private, or hybrid cloud computing. In technological terms, the server you are accessing is somewhere else and therefore, the information and tools you are using are â€Å"up in the clouds† but more so stored in another server space. However, whether you are paying for services through software, total usage, or free usage (hence the types of cloud services) Cloud Computing seems to be everywhere. Yet, it is important to recognize what is to gain by using cloud computing from big businesses to individual users and what are some risky moves when utilizing cloud storage over the Internet. Hence, the content of this paper will discuss the pros and cons of cloud computing and where cloud computing is headed in todays online society. Discussion: Moving forward, large companies use private cloud computing on the grounds that it is far more affordable to store and run programs in a server space designed for processing, saving and running information applications and so on. The biggest noticeable advantages in cloud computing have to be the ease of running programs with out installing any new applications (since the provider installs it for you in their cloud), and payment depends on membership, and which billing method you chose; for example, monitored payment or a flat rate (Mitchell). However, there are competing companies such as Google Apps Marketplace, Windows Azure, Amazon Web Services, Success Factors, and so on, that make cloud computing affordable on different user levels. These levels range from individual interest to larger company interests. For example, a company may need thousands of gigabytes worth of storage while I may need a few gigabytes of storage. So when paying for space I will be able to only buy what I need. Additionally, using the cloud allows a user greater mobility since an individual with an account can access the cloud from any computing device (laptop, desktop, tablet, or phone) that has available Internet access. More importantly, it’s easier for multiple users to access the same document and not overload the system and backs up data without someone having to worry about the location. Therefore, utilizing a third-party system server, Cloud Computing perks offer cheaper, reliable storage and retrieval of information. Figure [ 1 ] Although Cloud Computing sounds like a convenient service for businesses and users to take advantage of, there are downsides for paying or using cloud servers. Instances include, system shut downs for maintenance, access of data after canceling a membership, and more importantly privacy. Yet, a simple downside would be â€Å"What if someone uploads data into the cloud server and suddenly loses Internet connection?† The answer would be lost time and an incomplete data upload, not to mention the hassle of finding Internet connection again to access the cloud’s server only to attempt to upload the same work once more. On the other hand, looking back at the 2011 Google Docs incident, when an outage delayed user interaction for an hour starting in the UK and then reached the US (McCaney). Many organizations and people couldn’t access or exchange files via the cloud. So accidents happen, and although people lost out on time and information sharing, no files were reportedly lost. Even so, accidents including shutdown to outages, are rare natural occurrences, yet, inevitable for the current time. Not only are there outages to worry for also, according to Hamad Subani, he asserts that â€Å"Since most of the major Cloud Computing servers are operated by companies based in the United States, data you put on your Cloud is subject to American law.†   Which is also true since authorities only need to file a subpoena to get the information, yet, once information is shared warrants are needed and such (Subani). Hence, privacy is compromised, but to an extent. If someone is engaging in illegal file transfers on a cloud server, it already violates the consumer to provider contract; therefore a person is better off keeping their illegal activities to themselves. Other than that, cloud computing is relatively safe. | Cloud Computing Simplified| Pros| Cheap services, reliable, extra storage space, no worry about the server location| Cons| No privacy, and you must have internet access, maintenance. | After going through the pros and cons of cloud computing, it is necessary to analyze where such services are headed in the near to distant future. According to Brian Donaghy,   Ã¢â‚¬Å"Market Research Media says the cloud market will reach $270 billion in 2012 and Gartner predicts it will be over the $148 billion mark by 2014, much greater than Forrester’s forecast of over $118 billion for the same year.† Without a doubt, cloud computing will continue to rake in the profits since increasing needs for IT services are inflating the cloud’s development. In perspective, social networks (like YouTube or Skype) outsource their work to cloud services to help store user data. More so, it seems as if digital life is linked to the storage systems of cloud servers. Think about it, with out a back up storage in the cloud, there wouldn’t be a free YouTube, Tumbler, and blogging would essentially be news posts by big businesses. Cloud computing will continue to advance in ways that further accommodates all online users. About the only disadvantage of this are those with out Internet connection, the people left out of the Internet community. However, for the time being, cloud computing’s growth in the United States and American websites using cloud resources, prove to be helpful in the spreading of information from social to private perspectives of data usage. Conclusion: Hence, it is evident that cloud computing will be growing exponentially so long as the Information Technology sector continues to be in high demand. Therefore it is up to the consumers individual needs to decide if cloud computing would help them keep tabs with their data usage online or if using their own memory on their computer is a better decision. On the other end, companies should use Cloud Computing servers as a cheaper form of Information Technology management. Especially since investing in a mainframe computer would be far more costly than having some other company do all the work for you for a smaller fee. Therefore, cloud computing will definitely be a primary factor in the growth and facilitation of online data usage and continue to revolutionize modern technology. Bibliography Bauer, Eric and Randee Adams. The Reliability and Availability of Cloud Computing. Hoboken: Wiley, 2012. Donaghy, Brian. Where is Cloud Computing Headed in 2013? 8 November 2012. 1 February 2013 . McCaney, Kevin. Google, Microsoft cloud crashes: Is this the new normal? 12 September 2011. 15 February 2013 . Mitchell, Bradley. What is Cloud Computing. 2013. 15 February 2013 . Mururgesan, San. â€Å"Cloud Computing: The New Normal?† January 2013. IEEE Xplore (digital library). 1 February 2013. Subani, Hamad. Ten Reasons Why Cloud Computing is a Bad Idea. 2 June 2009. 14 February 2013 . Weinman, Joe. â€Å"Cloudonomics: the business value of cloud computing.† 4 September 2012. WorldCat (database engine). 1 February 2013.

Essay on Buddhism - 1758 Words

Buddhism Many people interpret Buddha as a big fat guy, that will give you luck if you rub his belly. This may be true, but Buddhism is much bigger than that. Buddhism began in Himalaya region and has been around since the first century. In Buddhism, the nature of God is a man named Shakyamuni Buddha. In this paper, we are going to look a little more into Buddhism. We will review responses from an actual Buddhism worshipper. We will also compare Buddhism to other religions. Although the Buddha was apparently an historical figure, what we know about him is sketchy. His prolific teachings were probably not collected in written form until at least four hundred years after his death. One example of a sacred biography is Buddhacarita, by†¦show more content†¦I had a very open mind, so when I tried to follow the Catholic religion, I didn’t see any results that fulfilled my spiritual life. Therefore, when I started learning about Buddhism and started to practice it, I seen t hat it gave me better results and I felt better in my spiritual life. Q: How long have you followed this religion? A: â€Å"I have followed this religion for six years. Q: How has this religion affected you in the modern day lifestyle? A: This religion affects me in a very good way. People believe that a religion gives you rules to live by; however, Buddhism is not like that. In Buddhism, sin and guilty feelings for doing bad things does not exist. Therefore, your lifestyle doesn’t change if you don’t want it to change, but it makes you more conscious about what you are doing. In my personal life, I feel that I am the same whether I do something or not, it’s not because of the religion, not because somebody is going to punish me, but because I really want to do it. Q: What conflicts do you face from people that do not follow this religion? A: I have found no conflicts because as I said before, I was not convinced about the Catholic religion so it was very easy for me to change religions. Nobody gave me problems about changing religions because I was 29 years old; therefore I was mature enough to make my own decisions. I had no conflicts with society or anyone else. Q: What is God for you? A: Buddhist believes inShow MoreRelatedBuddhism : Buddhism And Buddhism1009 Words   |  5 Pages Zen Buddhism isn’t exactly a â€Å"religion†, but a way of living. It creates peace within the human mind that allows one to grow, develop and look at the world more positively. Originating in China in 650 C.E., Zen Buddhism is a combination between Indian Mahayana Buddhism and Taoism. Mahayana Buddhism promotes bodhisattva, which is practicing the way of life in the direction of Buddha. Taoism is a religion developed by Lao-tzu, a Taoist philosopher, and focuses on obtaining long life and good fortuneRead MoreBuddhism, Buddhism And Buddhism1371 Words   |  6 PagesBuddhism is one of the largest religions in the world that started in India. Later spreading to China,Burma,Japan , Tibet and other parts of southeast Asia. Buddhism is a religion that Is concentrated on spiritualism than religious teachings. Established by the buddha, one must obtain their own spiritual awakening, or nirvana through meditation. There are three main branches of Buddhism Theravada Buddhism , Mahayana Buddhism and Tantric Buddhism. About 2,500 years ago, Prince SiddharthaRead MoreBuddhism : Buddhism And Buddhism982 Words   |  4 PagesBuddhism is a philosophy that is often viewed as a religion and dates back to approximately 6th century B.C.E. Buddhism originated in the Indian subcontinent by a man known as Siddhartha Gautama. The original language of Buddhism is often debated as some scholars believe that it was first practiced in Pali while other believe it was first spoken in Sanskrit. The practice of Buddhism first spread to China in the 2nd century A.C.E and was translated to Mandarin in 3rd century A.C.E. Today, there areRead MoreRelics Of Buddhism And Buddhism847 Words   |  4 PagesRelics are thought to be present in Buddhism since the 5th Century B.C.E, when the original Buddha, Siddhartha Gautama, was said to have lived, and Buddhism itself was a new religion. They continue today as sacred objects of worship. Relics that are as old as Buddhism itself are said to exist and still be wo rshipped. Although the idea of relics may seem contradictory to many of Buddhist beliefs, they actually do resonate with many ideals of Buddhist teachings and practices. To see whether relicsRead MoreBuddhism : The Philosophy Of Buddhism1198 Words   |  5 Pagesnever be one true answer. The theory I mostly identify with is the philosophy of Buddhism, its teachings, and the importance of meditation. Some people would argue that Buddhism is a religion not a philosophy, and vice versa, but nonetheless the Buddha has an idea of self in our current life. Buddhism teaches us that life is, and full of suffering and that nothing in life is eternal. The ultimate goal of Buddhism is Nirvana, which means liberation from the constant cycle of life and death, andRead MoreThe Teachings Of Buddhism And Buddhism939 Words   |  4 Pagesfamous religion icon of all time the Buddhism. Many people became followers of this very wise man we know as the Buddha. Buddhism is based on the teaching of Siddhartha Gautama, Buddha, who was born in the Ganges River Valley, the foot of the Himalayas. The Buddha led people in meditation and enlightenment to the next level. Philosophers such as Santideva and Thich Nhat Hanh, have led the life to follow the Buddhism ways and live their day to day life off of it. Buddhism gave them the enlightenment toRead MoreThe Religion Of Buddhism And Buddhism1730 Words   |  7 Pageslife. The religion of Buddhism is one of these that had this effect when it began to spread from India where it originated, to many Asian countries especially China where it would have the biggest impact. In China, Buddhism would take root and would grow to become a popular religion in the country much like the other major religions of China, Confucianism and Taoism, which together with Buddhism would later be known as the â€Å"Three Teachings†. Additionally, at some point Buddhism would began to loseRead MoreReligion Of Buddhism : Buddhism963 Words   |  4 Pagesinterested in the religion of Buddhism. After I watched Oprah Winfrey’s television series, Belief Buddhism has become something I wished to look into on a deeper level. Therefore, On October 9, 2016, I visited Wesleyan college East Asian studies facilities to participate in their Sunday meeting of Practice and Talk. During this hour and a half meeting, individuals who are exploring Buddhism wil l learn the surface practice of Buddhism more specifically shin Buddhism. Shin Buddhism or the teachings of ShinranRead MoreBuddhism, Buddhism And The World Essay1999 Words   |  8 PagesBuddhism is the fourth largest religion in the world, with more than 5 million believers in the world. Buddhism is a kind of religion and law that contains various traditions, beliefs, and spiritual practices. Buddhism from India, between the sixth and fourth centuries BC, and gradually spread to Asia. Although Buddhism originated in India, China has many believers in the dissemination and contribution. Chinese Buddhism began in the Han Dynasty and became the most powerful in the Tang Dynasty. WithRead MoreBuddhism : The Popularity Of Buddhism1306 Words   |  6 PagesBuddhism Culture in China Instructor Dr. Jack Name: Zhoudongxue Zhang Student #: 100311725 Date: 26/11/2015 The Popularity of Buddhism in China Buddhism is one of the most popular religions in the world. The Pew Research Center reports that nearly 488 million people practice Buddhism, which represents 7% to 8% of the world’s entire population. Buddhism is mainly practiced in the Asia-Pacific region with approximately 481,290,000 Buddhists, which means 99% of Buddhists live in Asia-Pacific