Thursday, July 31

[Indian Current Affairs:594] Current affairs briefing for 1st August, 2008

Hi friends,

Here is our link for today:

http://indiancurrentaffairs.blogspot.com/2008/08/01082008.html

In today's briefing:

1.  Indians rush to invest abroad.

2.  Now is the perfect time for a do-call register.  Thank the Supreme Court for it.

3.  Which of the IITs celebrated its 50th anniversary recently?

4.  On more look at (graphic this time) the nuclear deal and the pros and cons.

5.  How many groupings are there in WTO talks?  I lost count.  But look at their numbers and names!  They are sure to mislead you.

6.  A titbit about EPFO funds.

7.  What is the country that banned cats and dogs as pets?

8.  An excellent article on suggestions for tackling terrorism.  Ofcourse from a social scientist's perspective.  May sound impractical.  But very much possible.

9.  Know anything about the GAP document?

10.  Saturn's moon is the only other body in the solar system having a liquid surface?  So say NASA scientists.

11.  A primer on strokes in swimming.

That's it for today.  Happy reading.

--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com

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Wednesday, July 30

[Indian Current Affairs:593] Current affairs briefing for 31st July, 2008

Hi friends,

Here go our links for today:

http://indiancurrentaffairs.blogspot.com/2008/07/31072008.html

http://discover-it.blogspot.com/2008/07/reform-of-defence-offset-policy.html

In today's briefing:

1.  Remember Luna?  That was introduced way back in 1974.  Then followed, a decade later Kinetic.  Now Kinetic has changed hands and is with Mahindra group.  Why is Mahindra entering into the two wheeler segment?

2.  A bit about FSSA.  It stands for Food Safety & Standards Act.  What is it supposed to replace?  Why is it in the news?

3.  A look at how the under-recoveries are adversely impacting our oil behemoths.  IOC.

4.  Remember anything about domestic convertible bonds?  I am sure you would have remember something about the FCCBs.  Look at the domestic version now.

5.  Something more on the failure of the WTO talks.  One more nail that was driven in the coffin of these talks was the anti-concentration clause.  What does it try to achieve?

6.  A very good article on defence offset policy appeared in todays' ET.  I wrote an excerpt from it in today's Discover It.

7.  Another very good article that appeared was on VAT.  A very good read.

8.  Know the priciest foods of the world?  Does India hose any one of them?

That's it for today.  Happy reading.

--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com

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Tuesday, July 29

[Indian Current Affairs:592] Current affairs briefing for 30th July, 2008

Hi friends,

Here goes our link for today:

http://indiancurrentaffairs.blogspot.com/2008/07/30072008.html

In today's briefing:

1.  Let us take a look at the RBI's quarterly review of the monetary policy.

2.  Why is a high CD ratio (Credit Deposit Ratio) worrisome?

3.  A bit about US budget deficit.

4.  EPFO finalizes four asset management companies for its additions to the corpus.

5.  15th ministerial meeting of NAM.  Where is it happening?

6.  A look at the kind of money that Olympics generates.

7.  MNP on the way to launch?  What is MNP by the way?  I am talking of telecom.

8.  WTO talks headed for doom; yet another time.

9.  Oil pricing issue and BK Chaturvedi committee.

That's it for today.  Happy reading.

--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com

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[Indian Current Affairs:591] Current affairs briefing for 29th July, 2008

Hi friends,

Here is our link for today:

http://indiancurrentaffairs.blogspot.com/2008/07/29072008.html

In today's briefing:

1.  What are the two conferences that are expected to evolve a successor to the Kyoto Protocol?

2.  Know anything about NAPCC?  What are its salient features?

3.  Look at France's nuclear muscle.

4.  Some famous personalities:

Dadabhai Naouroji: Drain of Wealth theory

Jim Womack: Lean management

Jack Trout: Marketing strategy guru

5.  Why is GDP deflator not yet a better bet for measuring inflation?

6.  Look at India's green power efforts.

7.  What is meant by 'single undertaking' in WTO parlance?

8.  Know anything about carbon equalization measures?

9.  ET editorial falls prey to journalistic populism.

10.  Do you know this about National Investment Fund?

11.  Who is a nincompoop?

That's it for today.  Happy reading.

--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com

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Monday, July 28

[Indian Current Affairs:589] Current affairs briefing for 28th July, 2008

Hi friends,

Here goes our link for today:

http://indiancurrentaffairs.blogspot.com/2008/07/28072008.html

In today's briefing:

1.  Let us all give a thumbs down to the terrorists who are trying to wreak havoc in our country.  By just ignoring them.

2.  A look at the research finding on the causes for polar light phenomena.  In the process, we learn something about the concept 'magnetic reconnection' and also know about Themis.

3.  Ever heard about 'signalling conference', 'economic needs test' in the context of WTO talks?

4.  An international Tea body is being formed.

5.  A very thought provoking article from Jeffrey D Sachs on the failure of global leadership.

6.  If you are an optimist, can your optimism match with that of Dutch?

7.  Let us learn something about beach volleyball today.

That's it for today.  Happy reading.

--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com

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Saturday, July 26

[Indian Current Affairs:590] Three Major Concerns

Though there are many issues that are important and are being
discussed besides the THREE I am mentioning here but the concerns
which are shared by both the developed as well as by developing
economies in the present scenario I felt like jotting down the main
points on that....

The three major global concerns which are highlighted by various world
leaders and now are generally part of every discussion of national or
international level is……
….Global Warming-Climate Change….
…..Energy Security Crisis…..
…..Food Security Crisis…..
Countries working for sustainable economic development and raise in
human development index are now being confronted by these three inter-
related issues and need to adopt an integrated and a comprehensive
approach in tackling these.

GLOBAL WARMING

Anthropogenic global warming is the main cause of concern or we can
say climate change due to human induced factors.

…Causes….most acceptable views among the scientific community is that
increased emissions of green house gases like carbondioxide, methane,
nitrous oxides, water vapours, ozone etc. are responsible for increase
in global temperature.

…Effects….glacier retreat, ice shelf disruption, sea level rise,
changes in rainfall patterns, and increased intensity and frequency of
extreme weather events, repercussions to agriculture, possible slowing
of the thermohaline circulation,virulence of tropical diseases etc

…Combating efforts….Major international agreement is Kyoto Protocol
(is a protocol to the international Framework Convention on Climate
Change with the objective of reducing greenhouse gases that cause
climate change)
(Kyoto Protocol ends in 2012 then after that Bali Road Map)
Some prominent steps taken are energy conservation methods,
increasing the fuel efficiency of vehicles,individual-lifestyle
changes ,newly developed and currently available technologies
including renewable energy (such as hydrogen fuel cells, solar power,
tidal and ocean energy, geothermal power, and wind power) and nuclear
power and the use of carbon sinks, carbon credits, and taxation,
planetary engineering techniques ranging from relatively simple carbon
sequestration to orbital solar shades

..India's recent initiatives... Before approaching to the recent G8
summit in Hokkaido (Japan) India unveiled the National Action Plan on
Climate Change (NAPCC) which
focuses attention on 8 priority National Missions. These are:
1… Solar Energy
2…Enhanced Energy Efficiency
3… Sustainable Habitat
4… Conserving Water
5. ..Sustaining the Himalayan Ecosystem
6… A "Green India"
7.. Sustainable agriculture
8... Strategic Knowledge Platform for Climate Change
Though there is speculation amongst the scientists on the very basis
of Kyoto Protocol, that whether its because of increased emission of
green house gases that climate changes are occurring or is it the
other way round. So, serious doubts prevail on that…

FOOD SECURITY CRISIS

Ecologically and economically sustainable food and nutrition security
is the cause of concern globally.

…. Causes… Climate change (which results in changes in rainfall
patterns and increased intensity and frequency of bad weather
conditions), environmental degradation, subsidized production of bio-
fuels, trade distorting subsidies, lack of investments in agricultural
sector, increasing energy crisis, rising population etc.

…Effects.. Serious implications on the sustainance of life

… Efforts. ..Acknowledging the seriousness of the challenges to world
food security by the recent dramatic escalation of the food price
crisis worldwide UN Secretary General established HLTF (High Level
Task Force ) on April,08 and also discussions in G8 summit (July,08-in
Hokkaido) to work on immediate and long term plans.

…Indian perspective …In India though at present we are not facing so
much bleak scenario but our agriculture is now at the cross roads –
ecologically , economically, technologically and socially.
….Causes of concern…… severe anthropogenic pressures (reckless use of
ground water, faulty irrigation practices which led to salt build up,
extensive use of chemicals like pesticides, insecticides etc)on our
ecological foundations (soil, water, etc) ,monoculture, declining
resource flow and technological fatigue in our agriculture sector
after first green revolution (1967-1978).

So the need of the hour is moving towards a SECOND Green
Revolution ,which focuses on era of knowledge intensive agriculture by
incorporating new improved green technological advancements and
strategies (like organic farming, green agriculture, white agriculture
etc.) development and dissemination.
Government initiatives are National Food Security Mission, Rashtriya
Krishi Vikas Yojna , Farm Loan Waiver Scheme etc

ENERGY SECURITY CRISIS

It points on shortage of energy---oil shortage, gas shortage,
petroleum shortage, electricity shortage, natural resources shortage
etc. which are the backbone of any economy.

…Causes.. Over consumption, ageing infrastructure, climate changes (eg
in Tajikistan which is area dependent on hydroelectric power is
facing energy crisis because of abnormally cold temperatures) etc
…Effects.. Economic stagnation, adverse effects on other indispensable
sectors such as agriculture, industry etc, (risk of stagflation
increases)
…Efforts…Green energy options, Renewable energy alternatives (solar,
wind, geothermal, tidal, hydro etc), nuclear energy etc
…Indian governments' recent initiatives.. National Action Plan On
Climate Change (which focuses on environmentally sustainable clean
energy options), And bilateral and multilateral negotiations for
achieving the goal of energy security (India-US civilian nuclear
cooperation agreement, Iran-Pakistan-India gas pipeline).


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Friday, July 25

[Indian Current Affairs:588] Current affairs briefing for 26th July, 2008

Hi friends,

Here goes our link for today:

http://indiancurrentaffairs.blogspot.com/2008/07/26072008.html

In today's briefing:

1.  Volkswagen plans for CV launch in India.

2.  On brand building for smaller companies.

3.  A bit about mobile learning.

4.  Olympian failures and the cures for it.

5.  If you want to be a good critique of a political situation, I strongly recommend that you should read this piece by Raghunathan.

6.  Who is our CAG?

7.  A recap about payment systems like EFT, ECS, RTGS, NEFT and CTS.

8.  On Internet penetration figures in China and the US.  Where do we stand?

That's it for today.  Happy reading.

--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com

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Thursday, July 24

[Indian Current Affairs:587] Current affairs briefing for 25th July, 2008

Hi friends,

Here goes our link for today:

http://indiancurrentaffairs.blogspot.com/2008/07/25072008.html

In today's briefing:

1.  All of a sudden better days seem to be on the horizon: what with global oil prices and Indian inflation showing signs of cooling.  New discoveries of oil have added to the good feeling.

2.  What is meant by carpe diem?

3.  A very good essay on globalization.  Worth a read.

4.  The debate on Press Note 1 continues.

5.  SBI-SBS merger.

6.  Gates and Bloomberg to help India and China fight tobacco consumption.

7.  A look at the international student figures in US and UK; and our contribution to it.

That's it for today.  Happy reading.

--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com

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Tuesday, July 22

Current affairs briefing for 23rd July, 2008

Hi friends,

Here we go with our link for today:

http://indiancurrentaffairs.blogspot.com/2008/07/22072008_23.html

In today's briefing:

1.  Government wins trust vote.

2.  An editorial comment in ET that is worth an excerpt.  This is on Left's denouement.

3.  Some facts and figures about expenditure on training.

4.  What has Dolly got to do with crude prices?  What is Dolly anyway?

5.  Govt. contemplates making green power mandatory.

6.  As the WTO mini-ministerial is going on at Geneva, time to look at some terminology:  Green room, bound rates, the principle of less than full reciprocity and anti-concentration clause.  Compare notes with what is noted in the blog today.

That's it for today.  Happy reading.

--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com

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Monday, July 21

Current affairs briefing for 22nd July, 2008

Hi friends,

Here we go with our link for today:

http://indiancurrentaffairs.blogspot.com/2008/07/22072008.html

In today's briefing:

1.  A bit about escapement of tax on mutual funds.

2.  Coporate entry into primary education to get government's okay?

3.  Let's take a brief look at the nuclear deal's likely course during the coming days.

4.  A bit about premium SMSes and how the customers are being taken for a ride by telcos.

5.  Know the difference between a business jet and microjet?

6.  What is G20 stand on farm subsidies and tariffs?

7.  Why is the contemplated monopoly drug purchase bad?

8.  Know anything about 'check kiting'?  Let's also look at what is meant by 'kite flying' in banking parlance.

9.  Look at Yelena Isinbayeva.  That's how we should be soaring in life.

All the best.  Happy reading.

--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com

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India Currents e-Newsletter- July 2008

  July 2008

If you like this newsletter, forward it on!
Questions? Email editor@indiacurrents.com


Dear friend of India Currents,

We've been sending these monthly e-newsletters for about six months, and we'd love to hear back from you!

As you know, the articles included here are just a small sample of the content that India Currents offers in print and on the web at www.indiacurrents.com. Our hope is that the stories here will pique your interest enough to check out our website, and enjoy reading the complete range of features, perspectives, and stories presented there.

Please let us know if this e-newsletter is accessible a nd useful for you, or if there are ways in which we might improve. Or goal is to provide the greatest value for you, our reader.

Sincerely,
Ragini Tharoor Srinivasan
Managing Editor,
India Currents

 

Walking Down the World
SHRUTI SWAMY, Jul 02, 2008
Poets Sujata Bhatt, Bushra Rehman, and Aimee Nezhukumatathil discuss their craft, the creative process, and the continuing relevance of poetry in our world.

The Good Mother
MRIDULA KOSHY, Jul 04, 2008
Katha: Desi Fiction Contest 2008, First Place

Solar Power for Pakistan
RANJIT SOURI, Jul 09, 2008
An engineering student travels to the villages of the Thar Desert to implement solar power.

Olympic Machismo
RAJEEV SRINIVASAN and S. GOPIKRISHNA, Jul 06, 2008
Is a nation’s worth measured in medals? Two opinions.


Endangered Arts
RAGINI THAROOR SRINIVASAN, Jul 01, 2008
Editorial

 

Upcoming Events: Northern California

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editions of
India Currents!

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July 26 Saturday

Mataji, a play in English presented by Naatak. July 26-2 7. Written and directed by Sujit Saraf, produced by Sunil Ganu. July 26, 3pm, 6:30pm; July 27, 5pm. $20. Cubberley Theatre, 4000 Middlefield Road, Palo Alto. $20. (949) 394-8776. www.naatak.com. tickets@naatak.com

July 30 Wednesday
Wednesday Sunset Sessions Featuring top DJ J Boogie from Om Records/Ubiquity. 5 p.m. to 8 p.m. American Restaurant, 8 Mission Street at The Embarcadero, San Francisco. (415) 394-6500.

Articles for readers of all ages and interests!

Q&A

Films

Music

Books

Forum

Editorial

The Last Word

 


Upco ming Events: Southern California

July 26 Saturday

Unforgettable Bollywood Tour with filmstars Amitabh Bachchan, Abhishek Bachchan, Aishwarya Rai Bachchan, Preity Zinta, Riteish Deshmukh, Shekhar Ravjiani, Vishal Dadlani and Madhuri Dixit. An evening of fabulous music, dance, performances and glitz. 7:30 p.m. L.A. Sports Arena, Los Angeles. $59, $79, $129, $159 VIP and VVIP. Call Super Entertainment Inc (310) 829-2985. www.superentertainmentinc.com

Love the funny pages?
Small Hands

Our regular Comic Strip

 

 

July 26 Saturday

Rupa and the April Fishes Concert a band led by singer, songwriter Rupa Marya. 12-2p.m. Skirball Cultural Center, 2701 N Sepulveda Blvd., Los Angeles. Minimum café purchase required for table seating: $10 (adult), $5 (child). Limited seating, no reservations. (310) 440-4500. www.skirball.org

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Sunday, July 20

Current affairs briefing for 21st July, 2008

Hi friends,

Here goes our link for today:

http://indiancurrentaffairs.blogspot.com/2008/07/21072008.html

In today's briefing:

1.  Some basics about 'reverse arbitrage'.

2.  Nepal Presidential poll run off today.

3.  What are Mirchi Kaan awards about?

4.  Know anything about AdRBT?

5.  Where is the country's first e-waste dump yard coming up?

6.  Language lessons: gobsmacked.

7.  Look at the enterprising spirit of the Indian farmer.

8.  Definitions of SMiShing and Vishing.

9.  The case for improving agri yields.  Some facts and figures for your record.

10.  Who is Karun Chandok?

That's it for today.  Happy reading.

--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com

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Friday, July 18

Current affairs briefing for 19th July, 2008

Hi friends,

Here we go with our links for today:

http://indiancurrentaffairs.blogspot.com/2008/07/19072008.html

http://discover-it.blogspot.com/2008/07/concerns-about-wto-draft-agreement-on.html

In today's briefing:

1.  The Indian economy appears to be weathering a slow-down.  Corporate performance figures seem to be pointing so.

2.  Iran and US warming up to each other?

3.  TRAI's consultations on IP telephony have stirred a hornet's nest.

4.  Developing countries' reservations on the draft WTO text on agriculture.

5.  Nor are they happy with the text on services also. 

6.  Language lessons: Minding one's P's and Q's.

7.  Know anything about sustainable development?  More often than not we keep repeating or using some words and phrases that we get to know through media and / or friends, without even bothering to know what do they actually mean.  It is time we take a look at one such phrase that is worth our attention.

8.  An excellent article on farmer suicides that gives some figures on suicides in India and the world over.

9.  An institute for tailors is coming up.  Can you tell me the state?

That's it for today.  Happy reading.

--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com

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Re: Indo-US nuclear deal

Hi,
I thought i'll bring in my perspectives.

Many left leaning newspapers like 'The Hindu' have been pointing out the fallacies of the nuclear deal almost everyday. Firstly, it is said that the deal will not permit us to pursue an independent foreign policy anymore. I do not agree to this, many countries including china have signed the 123 deal with USA and they have not lost their identity. If it is true that a nation will have to play second fiddle to USA after signing the deal, then China should have followed USA's dictate and voted against Zimbabwe in the UN recently. It did not.

Secondly, they point out that  the nuclear power not be an important source of energy and that coal will lead electricity generation for many decades to come. This is not true -check out http://www.hinduonnet.com/af/india60/stories/2007081550421200.htm. Our 3-stage nuclear project is well conceived and is unique in the world. The first stage comprises of Pressurised heavy water reactors (PHWR), second stage consists of  Fast Breeder Reactors(FBRs), third stage is Advanced heavy water reactor(AHWRs). In each of the stages, the amount of energy generated per gram of fuel multiplies by more than a factor of ten.

"The availability of additional uranium resources, which is the main constraint today, will enable us to construct more PHWR units, leading to a rapid increase in generation capacity over and above the 10,000 MWe planned for the first stage. This augmented base will lead to a much larger share for nuclear power in the long run through 50-60-fold multiplication as a result of the three-stage programme."

Infact it is argued that the countries of the world will adpot India's 3-stage model in the future.

Thirdly, it is said that the 123 deal does not provide re-processing technology, it merely provides permission to reprocess the fuel ourselves. It is to be remembered that getting the deal to be re-written to allow reprocessing of the fuel is in itself a great diplomatic victory for our negotiators. We already have the reprocessing technology (for those who want to know more about reprocesing technology of india http://www.jstage.jst.go.jp/article/jnst/44/3/44_393/_article).

The nuclear deal is really important for our energy security. If we have to free ourselves from the eternal Oil shocks then we must certainly take this path. If we don't, only then we'll look like losers in the international community for not being able to realise our potential to attain self sufficiency.


Vikraman


On Thu, Jul 17, 2008 at 2:12 AM, shelly <simpleeshelly@gmail.com> wrote:

After reading Mr.Ramakrishna's blogs I felt like writing
something....so m writing about the
INDO-US CIVILIAN NUCLEAR DEAL......
What I think is that whatever information we get via different media
sources is half baked...and my view regarding the deal is via
listening or reading reports,articles or interviews of different
politicians,scientists and bureaucrats.....now coming to the point

I visualise the pros and cons of the deal for India nationally and
internationally.....

NATIONAL PERSPECTIVE

....The deal is in national interest...as it caters to the future
energy security needs of our country
though to a very limited extent ( at present nuclear power contributes
3% in overall energy,after all this it is estimated to contribute
about 7%)
....Via this deal Indian nuclear scientists will get the access of
advanced technology though the doubts prevail regarding transfering of
technology in  limited spheres ( Our nuclear programme is a three
stage process)
.....This deal opens the gateway for nuclear commerce for India,so
even if after all political hiccups if in US congress the deal is not
finalised then also India is in win win situation as after approaching
IAEA and NSG members India is free to trade with other NSG countries.
.....This deal is a package of co-operation in various sectors-
agriculture,industry,medicine,defence etc so brings enormous
opportunities for our scientific community
....This deal will help India in achieving its commitment to reduce
carbon emissions to some extent (commitment given in G8 summit in
context of global warming-climate change)

INTERNATIONAL PERSPECTIVE

...This deal will give strong message in the international forum about
inclinational change in India's Independent foreign policy.India will
be considered inclined towards US
and the sovereign decision making of India will be questioned.
...Co-operation in defence sector can have serious long term
implications
...India's relationship with other countries will be seriously
affected.

These are the points that are coming in my mind at present..as main
part positives,negatives,sequence of events  Mr.Ramakrishna has
already covered systematically in his blog.




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Thursday, July 17

Current affairs briefing for 18th July, 2008

Hi friends,

Here we go with our links for today:

http://discover-it.blogspot.com/2008/07/press-note-1-pn-1-on-way-out.html

http://indiancurrentaffairs.blogspot.com/2008/07/18072008.html

In today's briefing:

1.  Why is the government thinking of scrapping of Press Note 1.

2.  Is a corporate bench in Supreme Court justified?

3.  Illegal immigrant network in Britain exposed.

4.  India is slowly becoming a hub for small car exports.

5.  A look at the cable TV penetration figures.

6.  Who is EF Schumacher?  Can you remember a phrase he coined?

7.  A look at why crude prices are headed north.  And my take on the subject.

8.  Why is the government to be blamed for inflation?  An excellent article.

9.  Fashion capitals of the world.

10.  A look at the costs of crude production.

That's it for today.  Happy reading.

--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com

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Current affairs briefing for 17th July, 2008

Hi friends,

Here go our links for today:

http://discover-it.blogspot.com/2008/07/fannie-mae-and-freddie-mac.html

http://indiancurrentaffairs.blogspot.com/2008/07/17072008.html

In today's briefing:

1.  Fannie May and Freddie Mac are making it to the headlines for the wrong reasons.  Reason enough for us to know about them a bit deeply.

2.  How can you say that the Left's arguments about nuclear deal -- especially their arguments about fuel supply assurances -- merely technical?

3.  Can third world countries like Rwanda have anything to offer to the more developed and developing countries?  It is a big 'yes' if you were to look at how two sections of its population reconciled after a brutal genocide.

4.  Substantial progress on HIV research.

5.  Centre about to hike the limits for Profession Tax. 

That's it for today.  Happy reading.



--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com

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Wednesday, July 16

Indo-US nuclear deal

After reading Mr.Ramakrishna's blogs I felt like writing
something....so m writing about the
INDO-US CIVILIAN NUCLEAR DEAL......
What I think is that whatever information we get via different media
sources is half baked...and my view regarding the deal is via
listening or reading reports,articles or interviews of different
politicians,scientists and bureaucrats.....now coming to the point

I visualise the pros and cons of the deal for India nationally and
internationally.....

NATIONAL PERSPECTIVE

....The deal is in national interest...as it caters to the future
energy security needs of our country
though to a very limited extent ( at present nuclear power contributes
3% in overall energy,after all this it is estimated to contribute
about 7%)
....Via this deal Indian nuclear scientists will get the access of
advanced technology though the doubts prevail regarding transfering of
technology in limited spheres ( Our nuclear programme is a three
stage process)
.....This deal opens the gateway for nuclear commerce for India,so
even if after all political hiccups if in US congress the deal is not
finalised then also India is in win win situation as after approaching
IAEA and NSG members India is free to trade with other NSG countries.
.....This deal is a package of co-operation in various sectors-
agriculture,industry,medicine,defence etc so brings enormous
opportunities for our scientific community
....This deal will help India in achieving its commitment to reduce
carbon emissions to some extent (commitment given in G8 summit in
context of global warming-climate change)

INTERNATIONAL PERSPECTIVE

...This deal will give strong message in the international forum about
inclinational change in India's Independent foreign policy.India will
be considered inclined towards US
and the sovereign decision making of India will be questioned.
...Co-operation in defence sector can have serious long term
implications
...India's relationship with other countries will be seriously
affected.

These are the points that are coming in my mind at present..as main
part positives,negatives,sequence of events Mr.Ramakrishna has
already covered systematically in his blog.

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Monday, July 14

Current affairs briefing for 15th July, 2008

Hi friends,

Here we go with our links for today:

http://indiancurrentaffairs.blogspot.com/2008/07/15072008.html

http://discover-it.blogspot.com/2008/07/why-is-rbi-concerned-about-frenetic.html

In today's briefing:

1.  Why is the RBI concerned about the frenetic activity in the OIS market now?

2.  See how difficult it is to manage political parties!

3.  InBev is the world's larges brewer.

4.  The subprime mayhem continues.  Will there be an end?

5.  Government moots a helping hand for the SME segment.

6.  The FII vs ECB debate rages on.

7.  Is a windfall tax on corporates correct?

8.  What is meant by echolalic?

9.  Know anything about a loan-in-process account?

10.  A good graphic about invisible receipts.

11.  Miss Venezuela is Miss Universe 2008.

12.  Pak cricketer Asif's misfortunes.

13.  Old timers at Olympics.  Who is the oldest person to have won a medal at Olympics?

14.  YV Chandrachud is no more.

That's it for today.  Happy reading.

--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com
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Sunday, July 13

Current affairs briefing for 14th July, 2008

Hi friends,

Here we go with our links for today:

http://indiancurrentaffairs.blogspot.com/2008/07/14072008.html

http://discover-it.blogspot.com/2008/07/countrys-education-market-potential.html

http://discover-it.blogspot.com/2008/07/latest-jargon-on-global-stock-markets.html

http://discover-it.blogspot.com/2008/07/ecb-vs-fii-limits.html

In today's briefing:

1.  Let's take a look at the latest jargon from the global stock markets.

2.  Know anything about George Soros?  The famed hedge fund operator?

3.  Wish Anil Ambani all the best for his audacity in content creation.

4.  Why are Dish TV and Tata Sky objecting introduction of MPEG 4 technology?

5.  Know anything about the 'tiers' in data centers?

6.  Hike in FDI limits for defence sector on the anvil.

7.  Poor show of the services sector.

8.  Take a look at the country's educational services potential.  Very impressive figures indeed.

9.  India's growth story .. the slow down is for real; say numbers.

10.  What are the benefits for India's attending the G8 summit?

11.  Can you define neo-liberalism?

12.  Lastly, which is better?  Hiking ECB limits or the FII limits for corporate debt in India?

I think we have a heavily loaded notes today.  Happy reading. 



--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com
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Saturday, July 12

Current affairs briefing for 13th July, 2008

Hi friends,

Here goes our link for today:

http://indiancurrentaffairs.blogspot.com/2008/07/13072008.html

http://discover-it.blogspot.com/2008/07/gist-of-developments-related-to-indo-us.html

In today's briefing:

1.  What does the Indo-US nuclear deal hold for the corporate sector in India?  I wrote another piece in today's Discover It which gives a bird's eye view of the whole deal.  It is here.

2.  In the process, we learn a bit about Raksha Udyog Ratna status and Anusandan Ratna and Anusandan mini Ratna statuses.  What are they?  Any idea?

3.  At the same time I also point out to you what is meant by the defence offset clause.  A thing which we covered way back in 2006.

4.  Ever heard about Fannie Mae and Freddie Mac?  Sound interesting know?

5.  A look at the competitors for formula one racing.

6.  Mrinal Sen coferred the Osian's lifetime achievement award.  A look at his other awards and achievements.

7.  Know more about the Apple iPhone 3G, that is making waves.

That's it for today.  Happy reading.



--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com
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Thursday, July 10

Current affairs briefing for 11th July, 2008

Hi friends,

Here is our link for today:

http://indiancurrentaffairs.blogspot.com/2008/07/11072008.html

In today's briefing:

1.  The government is reportedly trying to broker a truce between the Ambani brothers.  But is it correct on its part to do so?

2.  Booker of the Bookers for Salman Rushdie.

3.  A case of Kissa Kursi Ka?  I am obviously referring to Somnath's Chtterjee's predicament.  BTW know anything about the original Kissa Kursi Ka?

4.  A look at future health care scene.  Interesting.

5.  A new trojan prowling on the Internet.

6.  What are the 'outreach' countries for G8?

7.  A look at the lackluster performance of municipal bonds.

8.  Some good suggestions on financial inclusion.

9.  A look at some meaningful suggestions on energizing the agriculture sector in the country.

That's it for today.  Happy reading.

--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com
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Wednesday, July 9

Current affairs briefing for 10th July, 2008

Hi friends,

Finally, I am back from my long holiday.  Here is our link for today:

http://indiancurrentaffairs.blogspot.com/2008/07/10072008.html

In today's briefing:

1.  A look at the politics surrounding the nuclear deal.

2.  An excellent analysis of the current situation in Pakistan and Afghanistan.

3.  An equally good article about the institution of independent directors.

4.  What are 'cache poisoning attacks'?  Heard of them?  Very important.  You should learn.

That's it for today.  Happy reading.



--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com
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Friday, July 4

Current affairs briefing for 5th July, 2008

Hi friends,

Here we go with our link for today:

http://indiancurrentaffairs.blogspot.com/2008/07/05072008.html

In today's briefing:

1.  Kingfisher tries to acquire SpiceJet.

2.  Inflation shoots to 11.63%

3.  A historic moment.  China and Taiwan restore air ties between them.

4.  What is meant by 'flat' in the book's title "The World is Flat", the famous one from Thoman Friedman.

5.  Wimbledon finals line up.

That's it for today.  Happy reading.

And I won't be able to write for the next three to four days, as I am off on holiday -- no Internet, no laptop, no gizmos.  Just pure nature and spirituality.  Piece.



--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com
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Thursday, July 3

Current affairs briefing for 4th July, 2008

Hi friends,

Here is our link for today:

http://indiancurrentaffairs.blogspot.com/2008/07/04072008.html

In today's briefing:

1.  GoAir in troubles?  Let's wish them all the best.  Hope they survive these difficult times.

2.  Look at why Oil bonds are commanding a lesser premium.

3.  Let's know something about telecom generations and data speeds.

4.  Are share buybacks being announced good for the investors?

5.  Don't watch TV at all.  Especially the reality TV types.  Let their TRPs go down; that will do a lot good for all of us.

6.  Language lessons: meretricious.

7.  An excellent essay on why the Indo-US nuclear deal should not be gone ahead with.

8.  Developments at Wimbledon.

9.  Want some inspiration?  Can you get a better one from any quarter?

Happy reading. 

--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com
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Wednesday, July 2

Current affairs briefing for 3rd July, 2008

Hi friends,

Here is our link for today:

http://indiancurrentaffairs.blogspot.com/2008/07/03072008.html

In today's briefing:

1.  Ever heard of a 'whitewash' procedure in mergers and acquisitions?

2.  Look at how India's energy imports will double by 2017.

3.  Asif Ali Zardari (aka Mr. Benazir Bhutto) has more to him than what meets the eye.  He is very clear headed thinker.

4.  SP seems to be willing to prop up the government; provided the price is right.

5.  Global financial metl-down finally impacting our IT bigwigs?

6.  Wheat supplies for middle class through PDS shops.

7.  A look at women's semi-final line up at Wimbledon.  Watching it? 

That's it for today.  Happy reading.

--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com
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Tuesday, July 1

Current affairs briefing for 2nd July, 2008

Hi friends,

Here is our link for today:

http://indiancurrentaffairs.blogspot.com/2008/07/02072008.html

In today's briefing:

1.  Take a look at the contours of the 3G policy that is about to be announced soon.

2.  Kingfisher airlines does some lateral thinking.  To save fuel costs.

3.  Know anything about the Ashish Nandy case?

4.  India to have its own racing league?

5.  Some initial details about the retail regulator.

6.  What according to you can soften the crude prices?

7.  Similarly what can soften the food prices?

That's it for today.  Happy reading.


--
Blogs I commend:
http://indiancurrentaffairs.blogspot.com
http://discover-it.blogspot.com
http://quizindia.blogspot.com
http://funnyaffairs.blogspot.com
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