Wednesday, December 19, 2007
Is Google taking on Wikipedia?
Friday, December 14, 2007
Are Diesel Vehicles facing a Ban in the Capital?
"We will come down with a strong hand and ban registration of diesel
vehicles in Delhi if everything else fails,"
My View:
- The sale of Diesel vehicles are surging at the rate of 40-50% in Indian market. With many auto makers lined up for India launch, this move could well be a bomb-shell for their future plans.
- Ofcourse the level of pollution is increasing at an alarming rate, which has to be met with stringent emission norms, but banning the diesel vehicles, even private vehicles is altogether a different proposition.
- It is a known fact that public transport buses and some heavy vehicles run on polluted or rather suspect quality of diesel and coupled with poor maintenance is one of the main reason for increase in air pollution. Whereas, the private cars are maintained properly and thus using the same yard stick for all the categories of diesel vehicles is a mypoic view of policy making.
- Nobody can stop a Delhi resident from buying and registering the car outside Delhi and bring it to Delhi
Stringent norms and tougher implementation are the requirement of the day and not a ban.
Counter View:
- Diesel is one of the most highly subsidised fuel next to LPG, and all those subsidies can be put into better use than using it to polluting the city.
- Let diesel be only as fuel for tractors and other agriculture machineries/equipments, rather as fuel for high-end private cars
Tuesday, December 11, 2007
BJPs Timing
Salute Dada
Chinese Premier Breaks all Walls...
Focus Energy
Monday, December 10, 2007
Ticket Booking Experience in Hyderabad
Khoya Khoya Chand
Thursday, December 06, 2007
Life of Pi
On reading the following outline...
"The story of Pi, an unusual boy brought up on a zoo in India. Pi's father decides to move the family to Canada, but when the ship taking them across the Pacific sinks Pi finds himself on a lifeboat with a hyena, an orang-utan, a zebra with a broken leg and a Bengal tiger called Richard Parker. Somehow he must survive."
was drawn into it and immediately bought the book without any hesitation.
The narration is too simple and realistic from the mind of a 16 year old boy. The narration was wrapped with very fine sense of humor, which made it a good reading. Though at somepoint the narration was dragging (not boring!), which made me flip through few pages, still made a good read.
This book had won Booker Prize and defintely not the one to be missed.
Where is Dollar heading...
Some Positives from Rising Oil Prices...
There is lot of concern on the rise in oil prices, and its impact on global economy. There are plethora of views on Oil Price contribution to slowing down of US juggernaut.
However, i see a change in market dynamics of operation of conventional enery producers coupled with the prominence of green-power sources.
- Higher oil prices can be a good motivator for enterprises to improve their Operational Efficiency
- For years, alternative source source of energy (wind, solar, etc) championed by the people worried about global-warming, has been side-lined until recently because they were too costly to compete. But the soaring oil prices can change the market dynamics.
- These renewable energy can't offer overnight relief to the skyrocketing oil prices, because viable green alternatives are not easy to find. Hydrogen powered cars are not expected to hit the market soon. This will draw the world's attention to the need to diversify energy portfolio and raises people's awareness of the cost of energy and where energy comes from.
Lets understand and operate in an inflationary economy of $100 -plus barrels of oil than worry about its crippling effects on Economy.
After a Long hiatus..
I keep telling myself that i should start blogging..it has been a real long hiatus. inspite of goading myself to start blogging, i had failed miserably.I hope to post somethin regularly.......keeping fingers crossed
Sunday, March 19, 2006
But today, there was another ODI happening thousand miles away from Bull Ring, in the sub-continent between Srilanka and Pakistan. Pakistan restricted Srilanka to 130 and set themselves an easy target. But it became a very closely contested contest and eventually Pakistan won by 4 wickets.
Two different versions of ODI, one entertaining every moment and the other deathly boring. Why is there such variations in preparing the tracks? Should the Cricket Governing body enforce certain code of conduct for the ground conditions in the future???
The Unthinkable
He walked on to the crease when India crawling with the loss of its openers needed all his batting skills to rescue India. But he flirted with disaster when he nicked Anderson to wicketkeeper after making one run.
Disappointment written large all over his face, eyes downcast walked backed to the dressing room after yet another failure at the middle. Then happened the unthinkable, he was booed by fans on his home ground.
Thought the man who has been treated as God for Indian cricket has nothing special to offer, but it would certainly be remembered by Tendulkar but for wrong reasons......
I was really shocked by the treatment meeted out to him:-(
Wednesday, March 08, 2006
Chi-doku - Only Bubbly...no Bounty
The man, who made a dream budget in 1997, made his fifth budget as a “No Big Bang” budget. The philosophy seems to “Don’t touch anything when the economy is doing well”. With a bit of tweak here, twist there he has managed to do the same. Alas, he managed to keep the index firm on its rising trend. Sensex closed nearly 36 points high at the end of the day.
The primary focus of the budget was on social and infrastructure sectors. The service sector was given a bit of facial and the personal tax was left untouched.
Massive investments are proposed to develop 1000km Express highways. Also, there was assurance that by June 2006, 96% of the Golden Quadrilateral project will be completed. In the power sector, Chidhu has proposed to generate few more thousand watts. For the other two important cogs of the Power sector wheel, transmission and distribution, he has made the Prime Minister at the helm of affairs to establish an Empowered committee of Chief Ministers and Power ministers. He has also said that more than 50 million rural connections will be rolled out in three years time. These are some of the highlights of the budget on the Infrastructure front.
Allocation of funds to Primary education and health care is a welcome aspect of this budget. In the outlay for education, most of the money is channeled for Primary education. I felt more funds should have been allocated for higher studies and R&D.
The index rose steadily till the announcement of hike of 25% in Security Transaction Tax (STT) was made. There was a momentary panic in the market and it lost close to 70 points in the rally till the next announcement. Nobody will complain when they are asked to pay tax when they made gains. On the contrary when the investor is asked to pay tax for the loses he has made, it’s sure to raise enough eye brows on the market. FM then followed with an assurance to the foreign investors by increasing their investment limit in the Capital markets and setting up of an investor protection fund, which is a step in the right direction to bolster the confidence of the retail investors. But the disbursion mechanism needs to be worked out correctly. After this the Sensex downfall was arrested and became firm.
There was a no change to the personal tax framework. I was expecting the limit to be raised from 1 lakh to 1.5 lakh. But the real good news was there were no new taxes that were imposed. I would not have been surprised, if he had levied few percentage points cess for Petroleum, just kidding! So the only good news for poor souls like us, there are couple of avenue for investment, in the form of Fixed deposits in Scheduled banks, with a rider that the minimum lock-in period of five years. The ceiling for investment in Pension funds has been increased from Rs.10, 000 to Rs.1 lakh.
“Charity needs face”, seems to be message from FM. Any anonymous donations made to the social organizations will not be recognised for tax purposes. So, be proud and show your face to the world and let them know about your generosity.
FM has decided to issue PAN Suo moto and hence direct person to apply for PAN on a case-by-case basis. In the fine print, it has been mentioned that the next list of transactions for which quoting will be made mandatory will be announced shortly. What skeleton does that cupboard hold? Let us wait and watch.
This article will not be completed without the mention of Service tax. It has been increased to 12% from 10%. For a common man like me, what interests in the budget is how much more will I get (cash inflow) and how much should I spend (cash outflow). He has made Shoes, Umbrella, Packaged foods, Pastha cheaper and making it affordable. But after consuming all these when I ask for my bill, I will be charged 2% more than the normal. This means there is an offset for the price reduction.
FM wants the GST to converge. Already the equilibrium level is at 14%. So we can expect further increase of service tax. What we have seen is just the beginning.
After reading the transcript, it looks like Chidhu has forgotten the word “Disinvestment”. Only two companies are under consideration for privatization. Also the target is set at a modest Rs.3500 cr. After rubbing cold shoulders with Left on many occasion, probably he thought this is not the best of times.
It is very evident that, FM has made some conscious decisions to make this an “aam-aadmi” budget.
Monday, January 30, 2006
Bangalore - The Brand
In the last few years, the golden goose of Bangalore, IT companies started complaning about Infrastructure issues in the city. At one stage, some of them even mentioned about the possibilty of moving out of the state while evaluating their future expansion plans. With the present Government taking little effort to address the issue, there is a growing concern that they might actually be forced to divert their attention away from Bangalore. But, so far nothing of such magnitude has happened. But the recent turnuot of events might send some jitters. First, it was the IISc attack. City's transition from an IT destination....to Soft target for terrorism was a jarring jab in the ribs for many. Second is the actions of the ambitious Gowda family that could well be the killer blow to the City.
Sorry for raising the topic 'India-China' again, but i have no other option. We all have been told that China is fast emerging as a super power. And there are so many reasons attributed to their success story. The only reason i attribute is "Policy stabilty". This is one of the key issue or a pre-requiste for any business to thrive. Nobody wants to wake up to new policy everyday. This is a nightmare, if you are a busniessman. In such situation you are better off doing nothing!
What we lack in India is "Policy stabily", which stems from political instabilty. Every party that comes to power have their own idealogy that is diagonal to one another. This kind of situation leaves a confusion in the minds of entrepreneurs and they look out for different place. With the recent politcal actions, Bangalore might have to face such situation. All those development work that were eventually done by the present government will get halted. All those contracts will be re-tendered and new contracts will be signed. Because the new government does not want to lose out this oppurtunity.
The city's growth has been fuelled by the IT companies for years and if archaic policies of Gowda family were persued relentlessly, then the Golden goose will take its wings to another city.
My Nominee for Nobel Peace Prize 2006
During the run-up, Indians were warned to be prepared to take on the pace attack of shoaib & co on a green track at Lahore. The result is here for everybody to see:1089 runs scores in 220.5 overs claiming 11 wickets; Second world highest opening partnership of 410 runs between Sehwag and Dravid; 5 centuries and 1 double century and the match ending in a Draw.
Taking on the flake for preparing such tame pitches, the PCB sent its curator much earlier to Faisalabad, venue for Second test match. From individual skill, team strength and its strategy the focus shifted to 22 yard strip. Team selection for the second match test match, clearly showed who is gaining momentum in the series. R P Singh, left arm medium pacer was brought in place of Sourav Ganguly. Pakistan preferred Imran Farhat and Razzaq for their pacemen Rana and Sami. Indians were prepared to take agressive, bold decisions whereas pakistan preferred to be on "Safe mode".
With the pressure of preparing a track that to produce a much more competive game of cricket, the test match produced.....1702 runs in 426.4 overs claiming 30 wickets; 6 centuries and 2 near centuries; match ending in a draw.
With two placid tracks, batsman's paradise, bowlers graveyard......the end result is, boring game of cricket with series level at 0-0 and the team head to Karachi for the last test starting on 29th January.
After losing the home series in 2004, i expected a better fight back from Pakistan. But the kind of wickets that were offered, seldom gave any room for tussle between these countries. I came across a comment by one of the former cricketer in one of his news paper column, that this series is underlined for friendship and peace. I think the Pakistan Cricketers took this statement literally and wanted a win-win situation, what better way to acheive with series drawn. At the end of any series, we will have to pick a man of the series. I think this series deserves much more than that. So, i porpose to nominate the pitch curator and PCB for this years Nobel Peace Prize. I think they have earned this!
Thursday, January 12, 2006
Back to Action
Wish me luck:-)
Friday, July 01, 2005
Victimisation
Didn't the Women organization fighting for the cause of such victims realise it?
If you think i am over reacting by saying so, then, type Imrana in the google search and see it for yourself. I beleive there should be some kind of restraint in publishing such news items.
Should i blame the media alone, certainly not. If i do so, then the 'honest politicians' of this nation would crucify me. The political outfits, from regional to national parties are pulling out various cards to please their vote bank. In this blame game, the victim is lost.
In the whole episode, the muslim community leaders certainly had their share of role. Even here the muslim law overrode the sentiments of the individual. The most important question that still had to be answered by them is, What comes first, Religious sentiments or Individual sentiments?..........
What is the solution to such Victimisation......