Blue Monday Crash 2009 There was speculation that nationalisation was imminent. Billions of pounds were wiped from its stock market value despite the Government’s pledge to keep it afloat with more money from the taxpayer. As Gordon Brown set out plans to increase public ownership to 70 percent of what was once one of the world’s biggest financial conglomerates, City investors dumped the shares in a selling frenzy. Share prices fell as follows : Blue Monday Crash 2009 On Monday, 19 January 2009, a date previously known as Blue Monday, British banking shares collapsed in a rout of selling after Royal Bank of Scotland
Kerala New Year New Year in Tamil Nadu. Kerala New Year The Kerala New Year (Malayalam Calendar) is on the day of vernal equinox, i.e., the day when the sun is considered to move from the northern to the southern hemisphere. The day falls in the first Malayalam month of "Chingham" according to the Kollam Era. Till the modern Malayalam calendar Kollam Era was adopted in 825 CE 1st day of the Malayalam month of "Medam" was considered to be the new year. This day is celebrated in Kerala as Vishu today and it coincides with similar new year festivities in several other