Reuters blog archive
from India Insight:
The 2008 financial crisis gutted Girish Kumar's portfolio value by 90 percent. So much for technical and fundamental analysis. The 42-year-old textiles businessman from Jaipur turned to astrology, and now he says the stars guide him to a profit every month.
Kumar is part of a group of Indians who think that analysing the positions of the planets, stars and other celestial bodies can predict the direction of the stock market and suggest which companies and sectors deserve their money.
"There is something in this universe that makes it run. I believe in that," said Kumar, who pays an astrologer 100,000 rupees a year, about $1,700, for stock market advice.
Though exact numbers are hard to come by, financial astrologers say that they have seen business increase by nearly a third every year since the 2008 financial crisis jolted Indian investors, many of whom are wary of investing in stocks, preferring instead tangible assets such as real estate and gold.
If astrology can be used to predict such things as stock market crashes, surely it can help people make love connections. That was the thinking behind New York-based startup Moonit.com
After careers in financial services, Dana Kanze and Mason Sexton Junior decided to create Moonit.com as a way of using astrology to help people like them and their friends with their relationships. Sexton Junior’s interest in astrology came naturally as a result of his father, Mason Sexton Senior, an astrologer and investment manager. Sexton Senior, also a co-founder of Moonit.com, used astrology to predict market events (such as the stock market crash of 1987) and market timing.
Although most Americans are Christian and many are devout, that hasn't stopped some members of the flock from believing in astrology, reincarnation or the ability of trees to trap spiritual energy.
A new poll by the Pew Forum on Religion & Public Life shows a surprising number of U.S. adults claim to have had supernatural experiences such as ghost sightings or hold beliefs associated with the New Age movement or Eastern religions.
from India Masala:
It stars Priyanka Chopra in twelve different avatars, playing a girl from each zodiac sign and Harman Baweja as Yogesh Patel, the eligible groom who has to choose one of those girls.
from India Insight:
Much as he tries astrologer Rajan Chopra can't keep the pride out of his voice as he speaks to me for the second time in 24 hours.
It's victory march at 7 Race Course Road after Prime Minister Manmohan Singh wins a closely-fought vote of confidence 275 to 256 in parliament and the temptation for Chopra to say "I told you so" is overwhelming. But Chopra, a political and corporate astrologer who predicted yesterday that the government would win the trust vote, says "it's a victory for astrologers as well".