Monday, March 30

[Indian Current Affairs:778] Current affairs briefing for 31st March, 2009

Hi friends,


In today's briefing:

1.  Lahore police training school attacked by terrorists.  

2.  Central PSU top brass should have reason to be happy.  Look at the pay they can get!!

3.  Some food for thought on CBI and CVC enquiries into diversion of funds for purposes other than those that are stated at the time of their drawl from banks.

4.  RIL KG basin gas and what it means for the country, the company and ofcourse Andhra Pradesh too.

5.  ATF prices in for some revision?

6. What is balalika?  Look at its picture.

7.  Obituary: Maurice Jarre.

8.  Language lessons:  skittish, effigy

That's it for today.  Happy reading.


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Sunday, March 29

[Indian Current Affairs:777] Current affairs briefing for 30th March, 2009

Hi friends,


In today's briefing:

1.  NPS is set to be extended to all from April 1, 2009.  Let's wish it a grand success.

2.  A very good interview from the chief statistician of the country that offers answers to some of the oft repeated questions.

3.  Look at West Bengal's plans for bio-villages.  What are they about?

4.  RIL set to commence gas production from KG basin today.  In this context we take a look at the countrywide demand for gas.

5.  About CCPs and arbitrage money.  Heard of them?

6.  Titbit about exports' contribution to our GDP.

7.  Estimates about money stashed away by Indian and others in the world's tax havens and Swiss banks.

8.  What is disintermediation?  Two examples of this concept that can possibly alter our lives forever.

9.  What is the agenda for the ensuing G20 summit?

10.  Language lessons: catatonia.

That's it for today.  Happy reading.

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Tuesday, March 24

[Indian Current Affairs:776] Current affairs briefing for 25th March, 2009

Hi friends,


In today's briefing:

1.  Take a look at why Civil Services exams have captured the imagination of many this time round.

2.  BCCI will be facing some tax demands because of its decision to go abroad.

3.  Why are our government's GDP figures not 'very' accurate.  In the process we learn something about X12 methodology.

4.  What are strategic commodity reserves?  

5.  A look at three of the electric bulb technologies.

6.  Remember about LOHAFEX?  We noted about it on 07.01.2009.  The results of the experiment are out now.

7.  Language lessons: hogwash, cachet, bilge & mien.

That's it for today.  Happy reading.
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[Indian Current Affairs:775] Current affairs briefing for 24th March, 2009

Hi friends,

Here we go with our link: http://indiancurrentaffairs.blogspot.com/2009/03/24032009.html

In today's briefing:

1. Let's take a look at some snippets on India's road network and
compare it with US and China's.

2. What is "Prisoner's Dilemma" in game theory?

3. What should a political party's manifesto contain? Promises or
policies?

4. What is the reason for the downward spiral seen in sugar prices?

5. Why can't the GoI resort to private placement of bonds with RBI?

6. Contango and momentum traders. Heard of them?

7. A very good graphic on US administration's third stimulus.

8. Language lessons: teeter.

That's it for today. Happy reading.


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Saturday, March 21

[Indian Current Affairs:774] Current affairs briefing for 21st March, 2009

Hi friends,


In today's briefing:

1.  Take a look at the gist of Congress party's manifesto. 

2.  The design competition for the India Rupee symbol and a bit about symbols.

3.  Inflation is at record lows.  Can you spot the difference between deflation and disinflation?

4.  An excellent explanation as to why deflation is worse than inflation.

5.  SEBI's love for complex derivatives.  Some insights into things like structured products and OTC products.

6.  Gold deposit scheme gets relaunched again.

7.  Why are single cinema theatres a failure?  How are multiplexes succeeding?

8.  India's win at New Zealand.  

That's it for today.  Happy reading.

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Tuesday, March 17

[Indian Current Affairs:773] Current affairs briefing for 18th March, 2009

Hi friends,


In today's briefing: 

1.  The labour troubles of India Inc appear to have come down.  Has it got anything to do with the slowdown?

2.  Ever wondered how the cinema distribution business works?  Today's ET article gives some gyan about this.

3.  How many ATMs are there in India?  Ever heard of Indiapay?  What is it about?

4.  A recap of concepts/developments relating to Bernie Madoff.

5.  Why is that America's measures to pull itself out of the muck that it presently finds in, not working?  Are there any lessons for the remaining world from this?

6.  US housing starts, has seen a rise.  Is it too early to say that we are beginning to see the end of the tunnel?

7.  Language lessons: contrite.

That's it for today.  Happy reading.

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[Indian Current Affairs:772] Current affairs briefing for 17th March, 2009

Hi friends,


In today's briefing:

1.  Know anything about CPI(M)'s manifesto?  Take a look.  Is it scary?

2.  ICLS.  Indian Corporate Law Service.  It is a new central civil service.

3.  Take a look at the advance tax collection figures.

4.  AIG bailout payouts kick up storm.

5.  India's opportunities and challenges in the drug R&D space.

6.  El Salvador gets its first non-combatant FMLN leader as President.

7.  Let's also take a look at Israeli political firmament.

8.  Ever heard of Goce?  It is a satellite.  What is its mandate?

That's it for today.  Happy reading.

--
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http://indiancurrentaffairs.blogspot.com


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Sunday, March 15

[Indian Current Affairs:771] Current affairs briefing for 16th March, 2009

Hi friends,


In today's briefing:

1.  How powerful are the regional parties today?  How will you assess their power?  Is it just by the number of seats they get in Parliament or is it by the share of votes they get in an election?

2.  NREGA's contribution to cropping pattern changes.

3.  Credit card usage dives in the country.

4.  ICAI defers decision on relaxation of AS 11. 

5.  CST reduction put off again.

6.  What did the G20 summit in London achieve?

7.  A look at why Swiss are the world's bankers.

8.  Some interesting stats and questions about renewable energy sources.

That's it for today.  Happy reading.

--
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Saturday, March 14

[Indian Current Affairs:770] Current affairs briefing for 15th March, 2009.

Hi friends,

Do you know what is 15th March is otherwise referred to as?  The Ides of March.  It is the name of the date 15 March in the Roman calendar. The term ides was used for the 15th day of the months of March, May, July, and October, and the 13th day of the other eight months.  What is its importance in history?  Remember anything about Julius Caesar?


In today's briefing:

1.  A very good round up of elections over the years in our country.  By Raghu Krishnan.

2.  An excellent excerpt from an article on ragging from Mythili Bhusnurmath.  Remember the committee that has gone into the ragging issue in our country?

3.  Know anything about OOH advertising?

4.  Why are Independent directors quitting by the droves from companies?  ICAI is worried.

5.  A excellent guidebook on GDP from ET.

6.  What do you know about ice-hockey in India?

7.  Who is Asif Mustafayev?

That's enough for a Sunday.  Happy reading.  Hope it is lighter today.

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[Indian Current Affairs:769] Current affairs briefing for 14th March, 2009

Hi friends,


In today's briefing:

1.  Take a look at why protecting our borders is a challenge.  BTW, do you know how many kms of international borders our BSF has to guard?

2.  Bar codes can store video and audio too!

3.  Some research on mind reading.  

4.  Bernie Madoff pleads guilty to all charges and prepares for a 150 year stint in jail.

5.  Ever heard of anergia?  What is it?

6.  Is there a relationship between kidneys and blood pressure?

7.  Language lessons: dapper, slake, bilk

That's it for today.  BTW did you notice that we stayed away from finance and economics today?  Happy reading.


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Thursday, March 12

[Indian Current Affairs:768] Current affairs briefing for 13th March, 2009

Hi friends,


In today's briefing:

1.  The third Third Front attempts to emerge from the present political situation.

2.  FDI inflows are on the rise.  

3.  Inflation at all time lows; but still doesn't make news.  Nor does it really help the common housewife.

4.  IIP figures making a comfortable reading?  Let's wait for the final figures.

5.  A battery that charges in seconds?  MIT researchers are on to this job.

6.  The IMF predicts that global GDP may dip below zero and turn negative in the current calendar year.  Despite this, the world may still not be facing a 1930s situation.  Why?  Can you give a few reasons?

7.  Take a look at some of the forex reserves hoarders in the world today.

8.  A look at the World's richest from Forbes.

9.  Killing in self defence is legal; rules Supreme Court.

10.  Language lessons: gravitas & oeuvre.

That's it for today.  Happy reading.

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Wednesday, March 11

[Indian Current Affairs:767] Current affairs briefing for 12th March, 2009

Hi friends,

Because of Holi and other attendant functions that I had to attend, there was no post yesterday.  You might have noticed.


In today's briefing:

1.  Some excellent commentary on the current state of political situation in the country by PR Ramesh.

2.  A few snippets about NREGS budgeting.

3.  How did the global financial crisis come about?  What were the systemic failures that led to it?  Any number of such questions can be asked.  One more detailed reasoning will only enhance our understanding of the subject.  Take a look.

4.  Ever heard of EGI?  Economic Governance Index?

5.  Bernie Madoff is reported to plead guilty today.

6.  Language lesson: eminence grise.

That's it for today.  Happy reading.


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Monday, March 9

[Indian Current Affairs:766] Current affairs briefing for 10th March, 2009

Hi friends,


In today's briefing:

1.  Our cell phone bills are going to see some slight dip.  Courtesy TRAI.  Termination charges.

2.  We take a look at an important measure announced by the government for encouraging R&D in drugs discovery in India.

3.  Should the Indian rupee change its symbol?

4.  ADB says that global markets have lost about $50 trillion due to the financial crisis.

5.  Why is AIG so important?

6.  Ever heard of smoking cessation clinics?  What do they do?

That's it for today.  Happy reading.

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[Indian Current Affairs:765] Current affairs briefing for 9th March, 2009

Hi friends,


In today's briefing:

1.  Take a look at the manifestos of two of the political parties in my home state.  Andhra Pradesh.  Pray that you will be showered with equally good manifestos from parties in your states.  We also take note of an interesting snippet on conduct of elections way back in the 1950s.

2.  MTM losses on forex contracts are posing a big problem right now.  What is the problem about?  Explain.

3.  What is the impossible trinity?  Why should we care now?

4.  What are the reasons for not importing the global economic doom and gloom to our country?  Can you give a couple of reasons?  Check your answer with Aditya Puri's.

5.  What are 'managed futures'?

6.  What is 'backwardation'?

7.  What is zero-based budgeting?  Why is it gaining currency again?

8.  An excellent commentary on the current state of global turmoil.  From Sudeshna Sen.  

9.  Ever heard of a Colony Collapse Disorder?  Whom does it affect?

10.  Language lessons: cockle.

That's it for today.  Happy reading.

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Saturday, March 7

[Indian Current Affairs:764] Current affairs briefing for 8th March, 2009

Hi friends,


In today's briefing:

1.  What International Day is it today?

2.  Helicopters to get a separate corridor.  What prompted this?  What is HEMS?

3.  What is meant by private placement with RBI?

4.  Palestinian PM resigns.

5.  Zimbabwe's PM gets hurt in a car accident; loses wife.

6.  Barbie turns 50 this year.

7.  NASA launches Kepler telescope.  What is it supposed to observe? 

8.  What was the Pulitzer Prize winning book by JF Kennedy?

9.  Michael Jackson announces one more 'last' comeback effort.  Let's wish him all the best.

That's it for today.  Happy reading.

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Friday, March 6

[Indian Current Affairs:763] Current affairs briefing for 7th March, 2009

Hi friends,


In today's briefing:

1.  IPL season 2 will be finally on.  The security issue appears settled.

2.  Vijay Mallya does the country proud.  Procures Mahatma's memorabilia for a record Rs. 9 crore.

3.  An excellent commentary on fighting terrorism.

4.  Why are the stimulus packages not bad?

5.  What is 'assymetric regime' in telecom?

6.  Government plans to make new drugs available to our countrymen fast and cheap.  How?

7.  What constitutes e-waste?  Run a check with this inventory.

8.  Language lessons: pony up.

That's it for today.  Happy reading.

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[Indian Current Affairs:762] Current affairs briefing for 6th March, 2009

Hi friends,

In today's briefing:

1.  What is the link between elections, M3 and rate of rupee?

2.  Is remembering tumultuous events by their dates of occurrence a good practice?

3.  BSE sensex tanks to 40 month lows; but recovered slightly today.

4.  RBI and King Canute.  What is the connection?

5.  Why are absolute targets set through the FRBM Act flawed?  What could have been a better option?

6.  About backhaul and teledensity.  Some snippets on utilizing USOF.

7.  We slowly seem to be getting our interest back in cricket.  But the attack on Sri Lanka team in Pakistan has put a big question mark on cricket in general and IPL in particular.

That's it for today.  Happy reading.

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Monday, March 2

[Indian Current Affairs:761] Current affairs briefing for 3rd March, 2009

Hi friends,


In today's briefing:

1.  Election schedule announced.  Now the Model Code of Conduct will be in place with immediate effect.  Take a look at some of the snippets of info that I have given in the notes.

2.  BDR revolt leader arrested.  Can you recollect his name?

3.  Sri Lankan cricketers are targeted in Pakistan by militants.

4.  Guniea Bissau's President killed by its own army.  

5.  The country's exim performance dives.

6.  Some wealth creation prospects of biofuels.

7.  Issues that are paramount in centre state financial relations.

8.  Language lessons: scupper.

That's it for today.  Happy reading.

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[Indian Current Affairs:760] Current affairs briefing for 2nd March, 2009

Hi friends,

In today's briefing:

1.  Competition Commission of India gets a Chairman and Member.

2.  Navin Chawla set to become CEC; come April 24th.

3.  Ajit Jain to head Berkshire Hathaway?

4.  Some troubling thoughts about BDR mutiny.

5.  What is 'seat factor'?

6.  What is driving gold price up?

7.  Economy grows a measly 5.3% in Q3.

8.  If the present global economic situation can be characterised as having been through a quake; what trends are emerging that can potentially take businesses not just weather this storm but navigate it and go on to become successful in future?

9.  Language lessons: inexorable.

That's it for today.  Happy reading.

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