25 MARCH 2013WEEKLY

12 Drug-free WaysBlood PressureTo Lower Your

2 2

Toronto andGlobal Market

Review

2 4

3

5

&

First the bad news: the biggest revenue gain in the budget will be an increasing tax burden on non-eligible dividends. Over $2.3 Billion will be raised as the gross up is adjusted downward to 18% with an offsetting dividend tax credit of 11% .

But on the good news side, you'll get a higher tax free windfall when you sell your qualifying small business corpora-tion. The Capital Gains Exemption you may qualify for has increased to

* In

dep

end

entl

y o

wn

ed a

nd

op

erat

ed

Email : perrii@dreamsandmoney.comWeb: www.dreamsandmoney.com

416.473.6100Sales Representative

INNOVATIVE REALTY INC.Brokerage*

Your Home

Thinking of Selling ... Ask for PERRII’s

PERRII MUTHURAMAN MBA PFP CCP

416 473 6100 416 298 8383Direct Office

Dreams Fulfiller

Free Market Evaluation

Who is helping the Mortgage Customer: Banks or the Minister or None?

Male FemaleMale FemaleMale Female

Term 10* age 30 age 40 age 50

$ 11$ 21

$ 14$ 27

$ 17$ 60

$ 100 000$ 500 000

$ 9$ 15

$ 12$ 21

$ 13$ 40

*The most preferred rates. Rates may vary based on your health and smoker status.To Save Money & Buy Peace –Talk to , your trusted advisor**. **Representing Manulife, RBC Insurance, Canada life, Industrial alliance and many others

Perrii Phone: 416 473 6100

Protect your most valuable asset - yourself and your loved ones Buy term insurance buy peace. Price: cup of coffee a day or even less.Save money. Compare our rates with Banks' Mortgage insurance rates.

One Little Secret$800,000 in 2014 and will be indexed thereafter.

Part time farmers who rejoiced at their recent win at the Supreme Court (The Queen v. Craig 2012 SCC 43) which established a test to permit the full deduction of farming losses where a taxpayer places significant emphasis on both farming and non-farming income, were dealt a blow. The restricted farm loss rules have been reinstated in this budget; albeit increased to allow the first $2500 of the loss plus ½ of the next $30,000.

There are also changes for investors: safety deposit boxes will no longer be deductible, and those investors who participated in leveraged life insurance

www.dreamsandmoney.com

Dream Issue3 12

Adoption Expenses. For taxation years 2013 to 2017.years after 2012, the adoption period for Here's an example: The qualifying parents who qualify to claim the taxpayer makes a $500 DonationAdoption Tax Credit, a non-refundable

Ÿ If a taxpayer is a first-time donor, credit found on Schedule 1 of the federal the credit will be $200 x 40% plus $300 tax return, will be extended to begin at x 54% = $80 + $162 = $242.the earlier of

Ÿ If a taxpayer is not a first-time Ÿ The time the adoptive parent makes donor, the credit will be $200 x 15%

an application to register with a licensed plus $300 x 29% = $30 + $$87 = $117.adoption agency or province or

Charity Schemers Beware: Ÿ The time the application is made to Collection of Taxes in Dispute for Tax

a Canadian court, if earlier. Shelters. For 2013 and subsequent This will make some expenses taxation years, where a taxpayer owes

eligible that were not previously eligible money and has participated in a tax for the credit. shelter, CRA will be allowed to collect

New First Time Donor Tax Credit. up to 50% of the taxes owing in respect For taxpayers who have never claimed of the tax shelter even if the taxpayer has the donation tax credit or those who filed a Notice of Objection. This have not done so for years after 2007, measure was particularly aimed at the donation credit will be increased participants in donation tax shelters.from 15% to 40% for donations under (Source: knowledgebureau.com)

$200 and from 29% to 54% for dona-tions between $200 and $1,000. Note however, that where the spouse of the taxpayer made a claim after 2007, the taxpayer is not considered to be a first-time donor. The credit may otherwise be shared between spouses. This new credit will be available for taxation

6PAGESNews & ViewsDigest

Personal Tax Changes for Younger Tax Filers

Ÿ New programs will promote 2013 apprenticeship.

Ÿ Two-year extension of an acceler-Focus of the budget is on jobs and ated capital cost allowance to help i n f r a s t r u c t u r e w i t h o u t m u c h manufacturers.Government spending. “We will not

spend recklessly,” Flaherty said in his Ÿ Infrastructure spending of $47 budget speech. True to those words, the billion over 10 years, starting next year.budget contains the smallest increase in Ÿ An improved tax break for families discretionary spending in nearly 20 adopting children.years

On the personal taxation front, 2013's budget contains little good news, says Jamie Golombek, managing director of tax and estate planning for CIBC Wealth Management.

Here are the highlights from the federal budget tabled March 21 by Finance Minister Jim Flaherty:

Ÿ $100 million over two years to Ÿ Revenues for 2013-14 forecast at support housing construction in

$263.9 billion, spending at $282.6 Nunavut.billion, deficit at $18.7 billion.

Ÿ Special tax break for first-time Ÿ Deficit projected to drop to $6.6 charitable donations to encourage

billion in 2014-15 and become an $800- young people to give.million surplus in 2015-16.

Ÿ End to tariffs on baby clothes and Ÿ Canada Job Grant program will be sports gear, including skates, hockey

negotiated with provinces by next year sticks, skis and golf clubs.to replace existing $500-million labour

Ÿ C a n a d i a n I n t e r n a t i o n a l market agreements.

Development Agency to be merged with Ÿ Measures will be introduced to Foreign Affairs.

improve skills training for the disabled. (Source: Advisor.ca)

BUDGET

arrangements and “10/8 strategies” which structured investments that allowed for borrowing against a life insurance policy to create an annual interest-expense deduction until the death of an individual

Business Owners: from this budgetYou have Good

News / Bad NewsIf you are a small business owner taking dividends out of your business, the federal budget has handed you a good news/bad news story.

The March 21, 2013 federal budget made two significant personal tax changes for younger taxpayers: the adoption expense tax credit has been expanded and for new charitable givers, there is a super credit, plus there is a new penalty for schemers.

>>Cont. Pg.2

2

25 MARCH 2013MONEYDREAMS & Insure your dreams

High blood pressure, also known as blood pressure with long term use. In hypertension, is one health problem that one study average blood pressure can often be addressed using natural dropped 9% after one month. (If your means. Often called the silent killer blood pressure is normal, vitamin C will because it creeps up on you without any not affect it.)veggies and low-fat dairy, and low in fat, punch. It's estimated that you could drop symptoms, hypertension puts you at risk red meat, sweets and sugary beverages. 5-20 points for every 22 pounds you for heart disease, kidney disease and Following this plan can drop your lose. Even a 5 pound loss can help, by eating fatty fish and by taking a stroke. Research has shown that you can systolic blood pressure reading by 8-14 though. high quality fish oil supplement (not get hypertension under control contaminated with mercury.) In Japan, a to 2,400 mg without the use of pharma drugs. study showed that men with the highest day and you could drop 2-8 points.Even if it seems you have to take intakes of omega-3s had the lowest 5-7 days a week for 30 blood pressure medications, making blood pressure.minutes and you could drop 4-9 lifestyle changes can help your

points.medications work better and reduce Some people have to 2 drinks a day or eliminate your need for them. If high blood pressure because their blood for men, 1 for women and you could you're on medication, tell your doctor vessels can't “relax.” They don't dilate drop 2-4 points.what you're doing because he or she when they should, which can lead to

Not will want to check on you regularly to high blood pressure. A study found that getting enough sleep may contribute to watch your progress and adjust your people who took 200 mg of alpha lipoic hypertension.meds. acid and 500 mg of acetyl-L-carnitine

It can raise Simple efforts on your part can for eight weeks increased the diameter your blood pressure and over time, result in measurable decreases in of their arteries and lowered their blood may contribute to the permanent blood pressure. Even small drops in pressure. Ask your doctor if this combo condition of hypertension. Find ways systolic pressure (the top number) might be right for you.to relax.readings are considered valuable. It's The bottom line is that nearly half of

estimated that a drop of just 2 points #8: Get enough potassium by all adults have high blood pressure, in systolic blood pressure could eating a varied diet containing plenty which puts them at serious risk for reduce deaths from stroke by about of fruit, veggies, dairy and fish. developing heart disease, the leading 6% and coronary artery disease by Take a cause of death in the U.S. If you have about 4%. calcium supplement to make sure you high blood pressure, you may be able to points. In fact, some research has shown

Here are 12 things you can do to are getting 1,000 mg a day if you're avoid the use of drugs to keep your that this approach may be as, or more, lower your blood pressure naturally: under 50 and 1,200 mg if you're over 50. blood pressure in a healthy range effective than drugs at combating

The naturally by making simple lifestyle hypertension.changes and using supplements.DASH (Dietary Approaches to Stop Vitamin C may work as well as Okay, we know

Hypertension) diet is high in fruit, (Source: peakhealthadvocate.com)some prescription medications to lower this can be hard. But it packs the biggest

#11: Get enough omega-3 fatty acids

#3: Limit your sodium

#4: Exercise

#12: Try alpha lipoic acid and acetyl-L-carnitine.#5: Limit alcohol

#6: Get a good night's sleep.

#7: Reduce your stress.

#9: Get enough calcium.

#1: Follow the DASH diet. #10: Get at least 500 mg of vitamin C a day.#2: Lose weight.

On an international scale, Cyprus ers. That's the money the Cypriot doesn't really rank. With a GDP of $25 government is trying to get a share of to billion (think of it as about three times secure a bailout from the IMF that could the value of Tim Hortons) and a popula- be worth as much as half the island's tion of roughly one million, the country economy. isn't a major economic player. Previous European nations that came

But because of its temperate climate to the brink of collapse include nations like Portugal, Spain, Ireland, Greece and even Italy. While policymakers were able to paper over those problems long enough for the global economy to focus somewhere else, the continent's debt load is still alarmingly high. In and of itself, Cyprus might not matter. But the EU dam constantly springing leaks is a problem that's getting harder to ignore.

If it can happen in Cyprus, it can happen elsewhere in Europe. Or North America. That's why it matters.

In previous European bailouts, the actual money being bandied about was more of a theoretical construct. Citizens and lax banking regulations, it's become were likely hit with higher taxes down a mecca for moneyed foreign investors. the line, and almost certainly saw a cutback in services and their quality of The IMF estimates there's about €70 life once governments were forced to billion sitting in Cypriot bank accounts, live up to the terms they had agreed to. about half of which is owned by foreign-That's what happened in

12 DRUG-FREE WAYS BLOOD PRESSURE

TOLOWER YOUR

BENEFICIARIES OF EMPLOYMENT INSURANCE (EI) BENEFITS FELL IN JAN 2013

RETAIL SALES ROSE 1%

JOB VACANCIES –NO CHANGE

MANUFACTURING SALES DOWN 0.2%

In January, the number of people receiving regular Employment Insurance (EI) benefits fell for the third consec-utive month, down 8,500 (-1.6%) to 531,100. Compared with January 2012, the number of beneficiaries was down 8.8%.

Most provinces had fewer beneficiaries in January, with the largest percentage decreases occurring in Newfoundland

and Labrador, New Brunswick, Alberta and Manitoba.

The number of regular beneficiaries declined slightly in Prince Edward Island, Quebec and Ontario, while there was no change in British Columbia, Nova Scotia and Saskatchewan.

Retail sales rose 1.0% to $38.9 billion in January, partially offsetting the decline in December. Gains were reported in 7 of 11 subsectors, representing 52% of total retail trade. The increase was led by higher sales at motor vehicle and parts dealers.

After removing the effects of price changes, particularly higher prices at new car dealers, retail sales in volume terms were flat.

Canadian businesses had 221,000 job vacancies in December, unchanged from December 2011. There were 5.7 unemployed people for every job vacancy, little changed from 5.8 in December 2011.

Manufacturing sales edged down 0.2% in January to $48.0 billion, the fourth decline in five months. Sales in January were down in the transportation equipment industry as well as the petroleum and coal product industry. Overall, 7 of 21 industries posted lower sales in January, representing approxi-mately 52% of the manufacturing sector.

Durable goods sales declined 0.7% to $24.1 billion, while non-durable goods sales rose 0.3% to $23.9 billion.

Constant dollar sales fell 0.4% in January, indicating that the decline in manufac-tured goods sold was a result of lower volumes.

Unfilled orders increased 5.8% to $69.0 billion in January, the highest level since November 2008 ($69.3 billion). The gain stemmed almost entirely from higher unfilled orders in the aerospace product and parts industry. Unfilled orders are a stock of orders that will contribute to future sales assuming that they are not cancelled.

Weekly Statistics Canada News

Business Owners... federal government is just $26 million away from balancing books, still From Pg.1targeting the year 2015 to return to whose life was insured, have been balance. curtailed.

The details of these and other There are incentives for donors, and personal, corporate the sales tax manufacturers, some GST breaks for measures following in Knowledge those paying for health care services, Bureau's Special Budget Report and in more bad news for participants in upcoming stories and analysis in these charitable donation schemers, and a electronic pages. significant incentive for those who

(Source: knowledgebureau.com)snitch on international tax cheats. The

Why to Canada and Canadians?Cyprus Matters

>>Cont. Pg.5

25 MARCH 2013MONEYDREAMS & KNOW THYSELF

3

I'm going to share with you one of the most powerful things I have ever

out processed foods without giving up read. It made me believe that anything any of the other foods I love.)was possible. And that whatever success

I wanted to achieve, I indeed could Want to make more money in the achieve it. stock market? If all you did was have

one less loser each month, and replace it It would not be without hard work. But the concept was simple. And I instantly knew it to be true.

They called it a secret. In fact, it was literally called "the greatest secret in the world". And that secret was this: the key to success was that you only needed to be a small, measurable amount better than mediocrity to succeed.

Is that really true? In its simplest form it is. The book went on to tell of why this was true. And in short, they described how most people give up on the meaningful things they hope to accomplish.

I of course knew that true greatness would take a lot more than being just a few steps ahead of the pack. And that if you wanted to be the Michael Jordan of your profession, it would take a lifetime of dedication and being born with the right genes.

But most people don't need to be the Michael Jordan of anything in their life to have life-changing success.

They only need to be a small, measurable amount better in the important things in their life.

Want to pass that test that will get you that promotion? Stick to your study times and don't blow them off for some silly TV show and you'll be better prepared to pass that test.

with one more winner, that could Want to lose weight? Have one less transform your portfolio.

can of pop each day or one less sugary You don't need to be as good as

snack and watch how that can set in Warren Buffett to achieve your invest-

motion a metamorphosis. (I lost 30 ment goals. By simply making a few

pounds in less than 3 months last year, changes in how you pick stocks, the

and have kept it off, by simply cutting extra results can quickly add up.

Success

ONE LITTLE SECRETBy Zacks.comKevin Matras

Timber Hawkeye has a very simple guide to happiness - 2 words: be grateful. Gratitude turns what we have into enough. In this TEDx talk, Hawkeye observes that all of our suffering is self-inflicted, and that we have a misguided notion that happiness is something we have to "pursue." He shares some simple prescriptions for inner peace and tranquillity: slow down, sit. There is nothing you need to buy; nowhere you need to go. Just spend a few minutes each day taking inventory of everything in your life that is worth appreciating. If interested to know more, watch this you tube http://www.karmatube.org/videos.php?id=3631

At age 108, Holocaust survivor Alice HerzSommer still practices piano for 3 hours every day. At age 104, she had a book written about her life: "A Garden Of Eden In Hell." At age 83, she had cancer. Alice survived the concentration camps through her music, her optimism and her gratitude for the small things that came her way - a smile, a kind word, the sun. When asked about the secret of her longevity, Alice says: "I look where it is good."If interested to know more, watch this you tube http://www.karmatube.org/videos.php?id=3008

SIT HAPPENS

EVERYTHING IS A PRESENT

Why Cyprus Matters to... citizens of the debt-laden countries themselves, from other EU nations, or From Pg.2from bailouts from IMF members like Ireland, and that's what's happened in Canada, the problem isn't going to go Greece. But people there weren't seeing away. their cash flow decimated in the dead of

Moody's published a report Monday night. that estimated Russian citizens have Faith that your bank savings are safe about €19 billion stashed away in is the bedrock of a healthy economy. So Cypriot banks. That approaches the a lack of faith in the banking system is scale of the island's whole economy, the kind of thing that leads to the next which means the Kremlin is keeping a reason Canadians ought to be concerned close eye on proceedings. about Cyprus.

Indeed, Russia has such a strong Under the terms of the Cypriot interest in Cyprus's fate that reports proposal that emerged Friday evening, emerged late Monday that state-however, any bank account with less controlled Russian natural gas giant than €100,000 in assets would see Gazprom was considering making its 6.75% withdrawn as part of the one-own offer to bail out Cyprus by itself — time levy. Anything over that level as long as it received exploration rights would get an even larger haircut — to look for natural gas in and around the 9.9%. island in return.

That could have meant anyone with Consider the outcry in Canada when the misfortune of having a savings

Beijing-owned CNOOC launched its account with cash in it last Friday is since-completed bid to acquire going to find themselves with between Canadian oil company Nexen Inc. There 6% and 10% less money in it by the time were concerns about giving it too much they're able to get to an open bank and influence into Canada, because the withdraw money later this week. acquisition of such an asset might open

More than two years after term the door to meddling that might be hard "European debt crisis" started creeping to close later. into the public consciousness, new

The possibility of a foreign state countries keep emerging that are in bailing out a sovereign nation in danger of needing massive injections of exchange for total access to resource cash to keep their books balanced. rights is reason enough for concern.Whether that cash comes from the

(Source: BayStreet.ca)

Stay away from It hurts only You and nobody elseIf you are right, then there is no need to get angry and if you are wrong then you don't have any right to get angry.

Patience with family is Patience with others is Patience with self is andPatience with GOD is

Never think hard about the , it brings Don't think more about the , it brings

Live this with a Smile, it brings .

Every test in our life makes us or every problem comes to or The choice is ours whether we become or . Do you know why God created gaps between fingers? So that someone who is special to you comes and fills those gaps by holding your hand forever.

Never forget this advice!

(Compiled by Uma Palaniappan)

Anger

loverespect

confidencefaith.

past tearsfuture fear

moment cheer

bitter bettermake us break us

victims victorious

and But Only God keeps You Going!

Happiness keeps You Sweet,Trials keep You Strong,Success keeps You Glowing,QU

OTAB

LE Q

UOTE

S

4

25 MARCH 2013MONEYDREAMS &

Going by the news, this is the proposition Manulife spokeswomen question that I have in my mind. How said that they have to offer to clients about you? For those of you who competitive ratesmissed the news, here's the story. Then Finance Minister

If BMO offered 2.99 per cent Jim Flaherty has pressed for a five year mortgage, Manulife Bank into Manulife Bank went one step reversing a mortgage-rate further. It just started promot- cut and Manulife Bank ing a new five year fixed rate of promptly restored the 2.89 per cent. higher rate. Earlier, it was

reported that the Finance Manulife Bank agreed with Minis ter personal ly the government that Canadians

scolded Bank of Montreal for cutting its shouldn't take on more debt than they can rate to 2.99 per cent.handle. However, part of the value

Here are some news headlines from Now let us look at the media in 2013.2009 to 2012 Ÿ Canada’s Housing Hangover: Real

Ÿ Is Canada’s Housing Rebound estate boom, meet dot-com crash. (The Forming a Bubble (realtytimes.com, Nov. globe and Mail, Jan 2, 2013)24, 2009) Ÿ No Housing Bubble, No Housing

Ÿ Our Unstoppable Housing Market Trouble (Money Sense, Jan 3,2013)May Have Met It’s Match (National Post, Ÿ Great Canadian Real Estate crash of March 28, 2010) 2013. (Macleans.ca, Jan 9, 2013)

Ÿ Housing Prices Due to Fall, says Ÿ Is it bloom or bust for real estate this think-tank (The Star, Aug. 31, 2010) spring? (Toronto Star, Feb 16,2013)

Ÿ Merrill Lynch Warns of Canada Let me stop here. So there’s no Housing Bubble (Macleans.ca, Dec. 20, shortage of opinions about what the real 2011) estate market will be doing next. We hear

Ÿ Canada Bank CEOs Warn On that it’s about to soar…or crash. Housing, Not Europe (Reuters Canada, In my opinion, the real estate boom or Jan. 10, 2012) crash depends on where you live. If you

Ÿ Be Very Afraid of the Canadian are planning to buy or sell, call me. Let’s Housing Bubble (CBC.ca, April 16, 2012) take an informed decision.

Jim Flaherty's latest intervention in the mortgage market has drawn the ire of some of his fellow parliamentarians.

Fellow Conservative MP Brent Rathgeber remarked, "My own personal preference would be to let the market determine the rates and to have good healthy competition between players in the market. But if the minister's concerned there are other tactics I think that can be taken."

Liberal Leader Bob Rae also ques-tioned Flaherty's tactics. "You don't want ministers of finance instructing the banks to go out and lend to people who are not in a position to pay it back", Rae said.

Opposition leaders accused Jim Flaherty of interfering with decisions of private businesses acting under the rules he set, and of making it more expensive for Canadians to purchase a home.

Speaking after meeting with private sector economists as part of preparations for the spring budget, Flaherty noted the housing market has moderated, which he said was a good thing.

"As you know we've tightened up the mortgage insurance rules four times over the recent years. So I thank those Canadian financial institutions that have not chosen to reduce their rates further," the minister said.

When did Canada become a central-ized economy?

Dreams and Money takes care to present all the information as accurately and efficiently as possible. Any advice or recommendation appearing in the paper is also part of information only. They should not be construed as an expert opinion. Please note that no representation or warranty with respect to the accuracy or the completeness of the information is given. Information always keeps changing. Hence all the information, including advice and recommendations are to be treated as of general nature only. For your specific circumstances, you are always advised to consult an expert before acting on any information.

DISCLAIMER

105-2100 Ellesmere Road,Scarborough, ON, M1H 3B7

Ph: 647 352 4945 | Fax: 647 352 6110Email: info@dreamsandmoney.com

www.dreamsandmoney.com

Editor-in-Chief & PublisherPerrii Muthuraman

Direct : 416 473 6100

Editor & Technical AdvisorAishwar Muthuraman

unsolicited articles are welcomeselected ones will be publishedemail : editor@dreamsandmoney.com

& community news

Copyright © 2010 Dreams and Money, Canada. All Rights Reserved.

At Dreams & Money, we want to help people lead happy lives. We want to help people reach their dreams. A lot of dreams in the world require financial awareness and proper planning to bring to fruition. To get this financial knowledge can be challenging. We realize this, and want to make this process simpler.

We will bring you financial news happening around you that impacts you, along with timeless classics on topics like financial planning, life skills, health etc. to help you grow all around to reach your dreams.

If you are someone who shares this same passion, and think you can contribute to us in any way (writing articles, spreading the message etc.), please let us know. We’ll be happy to hear from you.

THE MISSION

From Perrii’s Blog: www.perrii.com Housing Market

&

Very Spacious Home

$374,900

4 Large Sized Bdrms, Very Large Windows,

Masterbed With Attached Ensuite

Call Perrii for yourprivate viewing

Own this StunningBungalow!

$335,000

3 Bedroom Single Detached Home With Upper Floor Family

Room, Fenced Yard.

Call Perrii for yourprivate viewing

Great Starter Home!

$304,000

Desirable University Meadows Semi

Eastforest Hollyhock3 Bdrms, 3 Bathroom

Call Perrii for yourprivate viewing

Call Perrii to know more

Monthly Mortgage Payments could be as

low as $999.00

Wow...Gorgeous 4 Bed Corner

$329,000

Elegant Layout, Open Concept Feel.

Close To Shopping4 Bdrms

Call Perrii for yourprivate viewing

Thinking of Selling ... Ask for PERRII’s

FREE MARKET EVALUATION

2250 Markham Rd, Unit 3 Toronto, ON. M1B 2W4

PERRII MUTHURAMAN

www.perrii.com

Sales Representative

fax: 416 298-8303perrii@perrii.com

* Independently owned and operated

# Not intended to solicit Buyers or Sellers under contract

#

#

Or a Home ofYour Choice

WHY RENT WHEN YOU CAN BUY?WHY RENT WHEN YOU CAN BUY?Call Perrii to find out how you qualify and how soon you can buy your dream home

BE A HOME OWNER

cell: 416 473-6100office: 416 298-8383

Your Home Dreams Fulfiller

www.dreamsandmoney.com

Innovative Realty Inc.,Brokerage*

**

**

Who is helping the Mortgage Customer: Banks or the Minister or None?

Housing Crash - Never ending debate

5

25 MARCH 2013MONEYDREAMS & INVESTING

Review Of Global Markets

Review Of Indian Markets

Market outlook – week begins from 25 March 2013

reading of 50.3 in February.

Global markets traded volatile during the week and ended negative on Indian Market declined during the Cyprus woes. US markets closed week on political worries caused by slightly higher on Friday. Uncertainty DMK's decision to withdraw support to in Europe, after ECB warning to Cyprus, pulled the markets down. The risk of a debt default in Cyprus continued to keep most buyers at bay. Investors remained wary how Cyprus works to restructure its banks till Monday, March 25, deadline. Meanwhile glum economic news in Europe and the threat of a possible euro exit by Cyprus further fueled sell off. Investors were disappointed by a lack of specifics from the Japan's new central bank chief on boosting the

the Congress led UPA government at the economy. Centre. Statement from RBI after a

Cyprus announced plans to impose a mid-quarter policy review on Tuesday, one-time levy on bank deposits as part 19 March 2013, that the headroom for of a sovereign bailout. The European further monetary easing remains quite Central Bank on Thursday said it would limited also weighed on sentiment. On suspend aid for Cyprus banks if the global front, ECB warned Cyprus that it country can't reach a bailout deal with will cut off emergency funding for international lenders by Monday, 25 Cyprus's troubled banks if Cyprus March 2013 doesn't seal a bailout deal by 25 March

Standard & Poor's dealt a further 2013 also pushed down domestic blow to reeling Cyprus Thursday, bourses. The market fell in each of the cutting its credit rating as the eurozone five trading sessions. Sensex fell 3.56% country struggles to avoid a banking to 18735.6 and Nifty fell 3.76% to sector meltdown. S&P lowered 5651.35 in the week ended Friday, 22 Cyprus's rating to 'CCC' from 'CCC+' as March 2013. The Reserve Bank of the country raced under a tight deadline India (RBI) cut its key policy rate viz. to formulate an acceptable rescue plan the repo rate by 25 basis points to 7.5%. with the European Union. The lowered Moody's Investors Service on 18 March credit rating would make it more costly 2013 said that the current pace of food for Cyprus to borrow, further exacerbat- inflation in India is much faster than the ing the stricken nation's woes. global average and is negative for the

Business conditions for Chinese country's credit rating as it hurts the manufacturers saw further improve- government's finances.ment in March after nearly leveling off in the previous month, Manufacturing Purchasing Managers' Index for March The market may remain volatile in a came in at 51.7 in March, improving truncated week ahead. The stock market from a final reading of 50.4 for remains shut on Wednesday, 27 March February. 2013, on account of Holi and again later

T h e F e d e r a l O p e n M a r k e t in the week on Friday, 29 March 2013, Committee (FOMC) said it will con- on account of Good Friday. tinue its purchases of Treasury and Volatility may remain high on the agency mortgage-backed securities, and bourses next week as traders roll over employ its other policy tools as appro- positions in the futures & options priate, until the outlook for the labor (F&O) segment from the near month market has improved substantially in a March 2013 series to April 2013 series. context of price stability. The March 2013 F&O contracts expire

German manufacturing purchasing on Thursday, 28 March 2013. managers' index fell to a seasonally The first leg of the Budget Session of adjusted 48.9 in March from a final the Parliament ends on Friday, 22 March

plan offered by the euro zone and the International Monetary Fund, including a controversial levy on bank deposits. The European Central Bank warned Cyprus on 21 March 2013 that it will cut 2013. After a one month recess, the off emergency funding for Cyprus's Parliament reconvenes on 22 troubled banks if Cyprus doesn't seal a April 2013. The Budget bailout deal by 25 March 2013. Session of the Parliament ends

on 10 May 2013. The India The more defensive end of the Meteorological Department market is what's performing the best. will issue its first forecast of The lower P/E, and higher dividend 2013 southwest monsoon in stocks would become best choice of April 2013. investment, under volatile circum-

stances. We structure and manage On global front, investors investment portfolio for NRI, Foreign will continue to monitor investors, QFI according to their needs developments in Cyprus, and financial goals. We also train where lawmakers struggled to people to manage their investment come up with a plan to save the portfolio independently. country from bankruptcy. The

Cyprian government on 19 March 2013 rejected a bailout

Further details: shekarm@indiafinancebazaar.com www.indiafinancebazaar.com |www.ifmaonline.com

Ph : +91 9380034431/9962534431

M.Shekar

Global Indian Market and Weekly Review - Week Ended 22 March 2013

The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) closed at 12, 757.35 (previous week: 12, 830.03) . Thus for the week, the TSX slipped 0.57 percent Canada's main stock index fell mainly because of investor anxiety over the threat of a debt default and banking meltdown in Cyprus. Stronger manufacturing data from China and the U.S. Federal Reserve's recommitment on Wednesday to its ongoing stimulus program prevented the fall from becoming steeper.

Six of the TSX's 10 subgroups ended the weekly session higher. Financials, the index's weightiest sector, gained 0.5 percent

Energy stocks shed their initial gains and were down 0.1 percent as the price of oil fell back.

The materials group, which includes mining stocks, gave back 0.3 percent, with gold producers falling 0.5 percent. Gold prices fell 0.4 percent.

Gold stocks are down nearly 15 percent since the start of the year.

The Canadian dollar was at 97.72 (previous week 98.11) cents US.

The Dow Jones industrials closed at 14,512.03 ( last week 14,514.11), the Nasdaq at 3,245 (last week 3,244.37) and the S&P 500 index was at 1,556.89 (last week 1560.70).

Source : Yahoo Finance

TSX TRADING RANGEIS INTSX Trend From Mar.18, 2013 to Mar.22, 2013

TSX Trend From Feb. 25, 2013 to Mar.22, 2013

GOD'S TIME AND MONEYA preacher went into his church and he was

praying to God. While he was praying, he asked God, "How long is 10 million years to you?" God replied, "1 second." The next

day the preacher asked God, "God, how much is 10 million dollars to you?" And God replied, "A penny." Then finally the next day the preacher asked God, "God, can I have one of your pennies?" And God replied, "Just wait a sec."

25 MARCH 2013MONEYDREAMS & ADVERTORIAL

Old Mahabalipuram Road (OMR) is the most investment centric and upcoming suburb in Chennai, INDIA. We present to you an exclusive and premium high end Villa community - ONE WORLD located in close proximity to OMR. This is destined to be the next preferred high-end luxury private residence ! Exclusively designed and presented to you by the Real Estate arm of India’s largest media conglomerate with over 175 years of rich legacy. ONE WORLD is specifically designed taking into perspective contemporary design, luxury and space into account. Own one of the 150 signature villas, which range from 3, 4 and 5 Bedroom Villas tastefully fashioned with emphasis on high end luxury and designed by internationally renowned International interior designers.

These range between *Rs. 3.5 Crores and Rs 5.6 Crores – exclusive offer in place for Dreams & Money subscribers and readers.

In the next five to seven years, the appreciation value of a villa will rise by 150-200 per cent. If “an individual currently in the middle-income group buys a villa now, when it is relatively afford-able, he may fall into the high-income group when the prices shoot up,” said N. Nandakumar, governing council member of the Confederation of Real Estate Developers’ Associations of India. Villas have existed on East Coast Road for several years now, catering exclusively to high-income groups. But now, they come at a modest price in areas like Navalur on Old Mahabalipuram Road (OMR), Singaperumal Koil, Sriperumbudur and GST Road, say experts” - Article from an independent leading daily in Chennai, INDIA

AURA – AT THE HEART OF THE IT CORRIDOR

AURA BOULEVARD – YOUR PERMANENT ADDRESS IN THE FUTURE

YOUR CHOICE OF VILLAS

Nestled in the hottest investment destination is “Aura Boulevard” at the heart of Medavakkam Mambakkam Road. You can leave the cares of the city behind and not its conveniences, with proximity to important landmarks on that stretch, makes it a much sought after location for property seekers and smart investors. The location of the project ensures you are insulated from the noise, dirt and pollutions of the city life.

An ultimate investment destination for home buyers! AURA BOULEVARD, A gated community of embel-lished with blissful natural surroundings, landscaping, best of facilities and a chance to live life luxuriously. An awe-inspiring project with luxurious villas that helps you move away the concrete jungle to a world where quality, comfort and aesthetics meet world class construction. Unravel an expression of the luxury of these villas in Chennai at a beautiful stretch of 6.15 acres, which brims with modernity and finery.

AURA BOULEVARD villas are thoughtfully planned with a feeling of elegance and promises you a sophisticated lifestyle. You can choose from amongst 4 different villa variants. All the villas are constructed with best archetypes and materials with great attention to details. Our villas are specifically planned to provide maximum value and lifestyle that you are worthy of! From a modest built up of 1,500 sq ft to spacious 2,000 sq ft, there is enough room for your dreams to be unraveled.

BUY A LUXURY VILLA IN CHENNAI, INDIA

* P

rice

s su

bje

ct t

o c

han

ge

wit

ho

ut

pri

or

no

tice

.

EXCLUSIVE DISCOUNTS areavailable forDreams & Money

Subscribers and Readers

LIMITED TIME OFFER

SPECIALDISCOUNT

UP TO

LIMITED TIME OFFER

SPECIALDISCOUNT

UP TO

16%16%

WE CAN ALSO HELP YOU TO BUY IN OTHER PROJECTS TO SUIT YOUR BUDGET

Nestled in the hottest “investment destination of Chennai is ONE WORLD. At Vandalur - Kelambakkam Road, with proximity to OMR and GST Road, ONE WORLD is just throw away from various IT parks, SIPCOT, Cyber city etc. Due to these development in recent the area has seen a jump in real estate prices as much as 100% since 2008. With the trend cont inu ing, ONE WORLD provides you an opportunity to see your investment proliferate. A smart investor will watch out for such opportunity & buy at the right time and avail the benefits of a promising future.”

PROJECT OVERVIEW:s Located on the Vandalur – Kellambakam Roads Villa Types : 3 ( A, B,C)s Spread over 24 Acres – Exclusive 150 Villass Size : From 4,200 Sq Ft to 7,500 Sq Ft ( Built up area)s No. of beds : 3,4,5s No. of Companies in proximity - 75 approxs Infrastructure 4 lane roads Intl Airport 23 kmss City Centre 30 kmss Amenities World Class

AMENITIESs Furnished homes (Modular Kitchen & Wardrobes)s Power Backups RFID secureed Wi-Fi campuss 5 Star Club Houses Business Centre & Guest Suitess Café lounges Health Spa & Salons Gold putting Greenss Squash & Tennis Courts Swimming Pools State of the Art Gymnasium

Contact or email:

Perrii on Ph: 001 416 473 6100perrii@dreamsandmoney.com

Value for your moneyAura – Another villa project at Chennai

Exclusive discounts are available for Dreams & Money Readers and Subscribers

It’s a Group Housing. Approval by DTCP.1651 SFT-(Type-A) comes with

4 Bedroom and 4 washroom

LIMITED TIME SPECIAL OFFER: Rs.3000 Per Sq.ft plus other charges.

REGULAR PRICE: Rs 3600 per sq.ft plus other charges.

For details contact: or Phone perrii@dreamsandmoney.com 001 416 473 6100

Schools in Vicinity:s Delhi public schools PSBB millennium schools Sushil hari international school

s Zigma matriculation schools Vidhya matric higher secondary schools CHRIST the king hr sec schools Balavidhya mandirs HLC International school

Proposed Amenities:s Club houses Swimming pools Gymnasiums Multipurpose halls Department stores Pharmacys Indoor & out door gamess Childrens play area And much more amenities.Hospital in Vicinity:s Chettinad Hospitals Tagore hospitals Global hospitals Annai Theresa hospitals Suraj hospitalss Medavakkam primary health centers 24 hrs clinic in ponmar

DISTANCE TABLE

VITMedavakkam

VelacheryOMR Navalur

Vandalur - Kelambakkam RoadTambaram

AirportSiruseri SipcotKelambakkam

Chettinad Health City

6 Kms7 Kms14 Kms8 Kms3.3 Kms10 Kms17 Kms7 Kms10 Kms8 Kms