Monday, June 29

[Indian Current Affairs:833] Current affairs briefing for 29th June, 2009

Hi friends,


In today's (partly from yesterday too) briefing:

1.  EC seeks to de-register political parties.  Why?  How many political parties are there in India?

2.  Net telephony gets a leg up from government.

3.  Bankers compete with each other to finance Bharti-MTN deal.

4.  Why should extension of trading hours in stock markets evoke interest in us?

5.  A look at PN investments and why they are declining.  This is one development that has played out the way the regulators in India wanted it to.

6.  Changes in NSE nifty computation.  Why should we be comprehending it?

7.  Some lessons about CIBIL.  From a good interview.

8.  Pakistan is the 10th failed state in the world.

9.  Obituary: Michael Jackson.  

10.  Language lessons: allegory, laodicean.

That's it for today.  Happy reading.

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Thursday, June 25

[Indian Current Affairs:832] Current affairs briefing for 25th June, 2009

Hi friends,


In today's briefing:

1.  Air India employees are facing some real hard times.  

2.  What is the big deal about IDRs being made on par with securities?  What is its implication?  Remember the basics about IDRs?

3.  A very good article from TT Ram Mohan on how the economy is going to behaving the in the ensuing year.

4.  Monsoons below normal; thus far.

5.  How many passenger trains ply every day on Indian railway tracks?  

6.  Inter bank forex deals get a supporting hand from the RBI.

7.  What is special about July 22?  Oh yeah; there is an eclipse on that day.  But what is special about it?

8.  Stone age water well discovered in Cyprus.

That's it for today.  Happy reading.



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Wednesday, June 24

[Indian Current Affairs:831] Current affairs briefing for 24th June, 2009

Hi friends,


In today's briefing:

1.  Uttarkhand CM Khanduri puts in his papers.

2.  SBI on the prowl to acquire foreign banks.

3.  What ails Air India? What can be your prescription?

4.  To hell with FRBM Act, the fiscal deficit has crossed the 16% mark in April.

5.  Some interesting snippets about government paper.

6.  Indian students bring in moolah for UK and Australian institutions.

7.  Language lessons: arcane; dowsing.

That's it for today.  Happy reading.

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Tuesday, June 23

[Indian Current Affairs:830] Current affairs briefing for June 23rd, 2009

Hi friends,


We have been busy with other things during the last week; hence there were no daily mails.  You might have noticed.

In today's briefing:

1.  Government finally puts the CPI(Maoist) on the terror list.  Is there any difference between a terrorist outfit and an unlawful organization?

2.  ONGC strikes gold.  Significant oil and natural gas discoveries.

3.  What is the disconnect between the WPI and CPI based inflation figures?  Can you explain?

4.  If you are asked to come out with a set of recommendations for curing the banking sector of its ills, will your recommendations be looking like this?

5.  What exactly has stalled the Doha round of talks?

6.  What do you understand by the phrase 'single undertaking' in WTO parlance?

7.  Language lessons: smirk; quaint.

That's enough for today.  Happy reading.

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Wednesday, June 17

[Indian Current Affairs:829] Current affairs briefing for 17th June, 2009

Hi friends,


In today's briefing:

1.  Government may join the issue with Ambani brothers in the KG basin gas distribution.

2.  Ever heard of CFC regulations?  This is not about Kyoto protocol; but about the world of finance.

3.  The case for de-nationalizing coal mining in India.

4.  Will NREGA be a success in urban areas?  Why and why not?

5.  Are we being fed with excessive fears on global warming.  Yes, says Bjorn Lomborg.

6.  Language lessons: gird up your loins.

That's it for today.  Happy reading.

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Tuesday, June 16

[Indian Current Affairs:828] Current affairs briefing for 16th June, 2009

Hi friends,


In today's briefing:

1.  India comes of age.  Says it is ready to help the world.

2.  Bombay High Court gives its verdict in the Ambani brothers dispute.  The stock markets tanked.  A detailed look at the dispute and some excerpts worthy of our note.

3.  Do you know what are traceability norms in horticulture exports?

4.  A look at the portfolio inflows into the country.  Some figures worthy of our attention.

5.  What are the issues involved in a smooth roll out of the GST in April 2009?

6.  G8 is worried about the unwinding of the stimulus packages.  Where is it meeting currently and at what level?

7.  Indonesia seeks a place among the BRICs.  

8.  Language lessons: revanchist, raison d'etre

That's it for today.  Happy reading.

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Monday, June 15

[Indian Current Affairs:827] Current affairs briefing for 15th June, 2009

Hi friends,


In today's briefing:

1.  Tax break on housing loans may be sweetened more.  

2.  Government to slash small savings rate?  How does it matter?

3.  26 new species of frogs and insects found in India.

4.  What is special about this year's Paris Air show?

5.  Our hopes on T20 cup dashed.

6. Language lessons: quibble, bloomer, ad-libbing, leitmotif

That's it for today.  Happy reading.

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Friday, June 12

[Indian Current Affairs:826] Current affairs briefing for June 13th, 2009

Hi friends,


In today's briefing:

1.  Our country's politicians (at least some of them) are coming of age -- in terms of being educated.  

2.  Economy seems to be reviving.  What makes us believe so?

3.  Hindalco breaches covenants with banks -- not on its own; but because of market conditions.  So what is a covenant and what is a 'waiver fee'?

4.  What is the case for inclusion of services in the computation of inflation numbers?

5.  How does our country's consumer market beat that of China?

6.  Language lessons: buffeted, candour, conurbation, maelstrom.

Oh; yeah before we forget.  We got a thorough drubbing from West Indies in the T20 match.  Hope you all know that.  Let's wish our team all the best for the remaining matches.

That's it for today.  Happy reading.

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[Indian Current Affairs:824] Current affairs briefing for 12th June, 2009

Hi friends,


In today's briefing:

1.  SNC Lavalin case finally catches up with Pinarayi Vijayan.

2.  Something about interest rate futures; as they are about to make a comeback.

3.  A very good and broad ranging interview with Montek Singh Ahluwalia.  Worth a read.

4.  Pointer to a very good graphic explaining the current status of LLPs in India.

5.  We take a look at the definition of securitisation; again. 

6.  Swine flu is now a pandemic says WHO.  What is level six in this context?

That's it for today.  Happy reading.

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Thursday, June 11

[Indian Current Affairs:825]

what is the respective performance of isro,how it is comparable with international performances ,excepecially with nasa with in this five to ten years
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[Indian Current Affairs:823] Current affairs briefing for 11th June, 2009

Hi friends,


In today's briefing:

1.  Can you recollect the stand of political parties on women's reservation bill?

2.  We have noted a couple of days back about the case against STT.  Now the case for it.

3.  Airbus looks at India for production line.  Know anything about a Rate 4 production line?

4.  Element 112 discovered!!  There is a race for naming it.

5.  Who is Padmasinh Patil and why is he in the news?  NCP suspended him from the party.

6.  A very good piece by Joseph Stiglitz - on restructuring banks.

7.  Language lessons: rancor, hullabaloo, xenophobia, patois, legerdemain.

That's it for today.  Happy reading.

Icamaven

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Tuesday, June 9

[Indian Current Affairs:822] Current affairs briefing for 9th June, 2009

Hi friends,


In today's briefing:

1.  A very good article on our broken schools system.  A must read.  It is here.

2.  Oil sector reforms and other reform measures hit a break.  In DMK and TMC.

3.  National Security Exception Act.  What is it modeled on?

4.  RBI to bring transparency in PLRs.  Know what is net interest margin?

5.  What is the case against STT -- Securities Transaction Tax?

6.  Sheetal Mafatlal.  Who is she?  Why in news?

7.  Obituary: Rajeev Motwani.  Remember him?

8.  Language lesson: neologism.

That's it for today.  Happy reading.

Icamaven

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Friday, June 5

[Indian Current Affairs:821] Current affairs briefing for June 6, 2009

Hi friends,


In today's briefing:

1.  After a long time, the cinema producers and distributors have come to an understanding.  Now we can enjoy new movies again in our favourite multiplexes.  But what exactly was the dispute?  What was the agreement reached?

2.  Planning Commission is reconstituted.  This happens whenever there is a new government.

3.  Mubmbai SEZ of Mukesh Ambani facing some hurdles.  Interesting developments worth our attention.

4.  What is 'high finance'?  What is 'low finance'?  Know the difference.

5.  What explains the disconnect between WPI and CPI?

6.  Sri Lanka aims to become the next IT/BPO destination.  It appears to be having the right chemistry.

7.  Who is Millvina?  

8.  Perhaps the first ever zero-gravity wedding is about to happen shortly.

9.  Language lessons: hobble, gaunt, potboiler, denouement.

That's it for today.  Happy reading.

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Tuesday, June 2

[Indian Current Affairs:820] Current affairs briefing for June 3, 2009

Hi friends,


In today's briefing:

1.  UN talks on global climate change scheduled in Bonn.  Know India's position on climate change?  We have give a pointer to the official document.

2.  Fallacies on voter turnout.  A very good study.

3.  An excellent interview from Jim Rogers.  Can't miss it.

4.  April sees good growth on economy front.  We hope that this is sustainable.

5.  Government ropes in Rothschild as advisor on disinvestment.  What are its credentials?

6.  What is wrong with the ECB auction proposals?

7.  Where does RBI get its power to mandate something on cheque clearance?

8.  ATM usage sees dramatic increase since April 1, 2009.

9.  KC Chakrabarty becomes Dy. Governor of RBI.

10.  Hafeez Saeed freed by Pakistani court.

11.  Developments on Air France crash.

That's it for today.  Happy reading.


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