Do it yourself

Thought for the day "Nothing can be beautiful which is not true." —John Ruskin (English, 1819-1900) Word for the day Ostentatious (Adj) Characterized by or given to pretentious or conspicuous show in an attempt to impress others (Source: Dictionary.com) Malice towards none One of the accused in infamous Sheena Bora murder case - Peter Mukerjea is reportedly selling his house to pay for his legal fees. This is certainly not an isolated instance. There are hundreds of litigants who have to sell their house, land, organs and even family members to pay for legal fees. Unfortunately, many of them still do not get justice! First random thought this morning I could not help noticing that after rattling that world markets for better part of past 12months, "China" is gradually disappearing from front pages and top headlines. I am unable to decide whether "China" has cease to be a ...

Thought for the day "Punishment is the last and the least effective instrument in the hands of the legislator for the prevention of crime." —John Ruskin (English, 1819-1900) Word for the day Wordmonger (n) A writer or speaker who uses words pretentiously or with careless disregard for meaning. (Source: Dictionary.com) Malice towards none Any guess why "112"   has been chosen as "911" of India? My take - It might be the extension number of the PS to TRAI chief, the authority that has suggested this as the national emergency number. First random thought this morning One business that is flourishing these days is the business of "likes" on social media. A chance meeting with some professionals, who provide "likes" and "followers" on social media on payment basis, informed me that after politicians, the religious gurus are the second largest users of the...

Thought for the day "The higher a man stands, the more the word vulgar becomes unintelligible to him." —John Ruskin (English, 1819-1900) Word for the day Skullduggery (n) Dishonorable proceedings; mean dishonesty or trickery; bribery; graft; an instance of dishonest or deceitful behavior (Source: Dictionary.com) Malice towards none India could simply blame Pakistan for every act of terrorism on her soil. But it's not easy for Pakistan. In fact, in most cases, Pakistani establishment may end up blaming itself for the act of terrorism on their soil. First random thought this morning It has been a usual practice in India to put pictures or idols of Gods in staircase and on outside walls of properties to dissuade passerby from spitting and urinating on the walls. I find a similar pattern in invocation of names of Ambedkar and Gandhi by the politicians these days. These two names are being freq...

Thought for the day "The essence of lying is in deception, not in words." —John Ruskin (English, 1819-1900) Word for the day Amaranthine (Adj) Unfading; everlasting (Source: Dictionary.com) Malice towards none AK makes to Fortune's 50 greatest! What does this reflect? First random thought this morning All appears well and the country has moved on. MSD has regained his mojo. We have got a new God in Virat Kohli. Mehbooba has finally yielded to the charm of PM Modi. Rahul Gandhi has proved his nationalistic credentials by playing Holi and dispelling rumors of his British citizenship. Shashi Tharoor has stormed the social media. NaMo is now following AK. Most important, no one bothered to report who played (and who did not) Holi with LKA. Nifty: Preparing for the next market cycle As I have been insisting for past few weeks, Indian markets have completed the market cycle that started on 28...

NEXT DAILY POST ON 28 March 2016 . WISH ALL THE READERS A HAPPY and COLORFUL HOLI   Thought for the day "Sunshine is delicious, rain is refreshing, wind braces us up, snow is exhilarating; there is really no such thing as bad weather, only different kinds of good weather." —John Ruskin (English, 1819-1900) Word for the day Saturnine (Adj) Sluggish in temperament; gloomy; taciturn. (Source: Dictionary.com) Malice towards none Following the footsteps of his mother, Mukesh Ambani's son has shed half his weight only to gain weight in his father's business empire. First random thought this morning The government has taken a brave step towards implementation of a critical structural reform, i.e., achieving fully market linked small saving rates. The resistance is likely and natural. Nonetheless a path has been shown. Even if the present government fails to tread on it, someone will travers...

Thought for the day "The true triumph of reason is that it enables us to get along with those who do not possess it." —Voltaire (French, 1694-1778) Word for the day Rodomontade To boast; brag; talk big. Malice towards none Joke circulating on Whatsapp - "The government banned 'Corex' cough syrup just to debilitate Arvind Kejriwal!" First random thought this morning As per a recent research report 20 OECD countries might have $78trillion in unfunded or underfunded government pension liabilities. Inarguably, the ultimate sufferer of the so called unconventional monetary policies will be the poor pensioners of the world. The Ponzi in the name of ZIRP or NIRP can only end when poor & old savers lose most of their savings. Imagine the pain of a pensioner who does not get any return on his savings for 10-15yrs and then suddenly hyper-inflation sets in. I am suddenly feeling like converting...

Thought for the day "Judge a man by his questions rather than his answers." —Voltaire (French, 1694-1778) Word for the day Natter (v) To talk incessantly; chatter. Malice towards none If 2014 Bihar elections were Modi vs. Nitish; 2015 TN elections are Jaya vs. Karuna; 2015 Bengal elections are Mamta vs. Sitaram; — what will be 2017 UP elections like - Maya vs. Mulayam Modi vs. Mulayam Amit Shah vs. PK Hindu vs. Muslim (Yogi vs. Azam) Tolerance vs. Intolerance Where does Akhilesh fit in this? First random thought this morning The central government has revised grid connected solar power generation capacity target from 20GW to 100GW by 2022. The current installed capacity is 5.7GW. Besides, the off-grid use of solar power is also rising fast. This is happening at a time when the growth in conventional power supply is outpacing demand growth, leading to sustained fall in merchant...

Thought for the day "If God created us in his own image, we have more than reciprocated." —Voltaire (French, 1694-1778) Word for the day Apatetic (adj) Assuming colors and forms that effect deceptive camouflage. Malice towards none What is more worrisome for Americans at this point in time: (a) Trump may become the president of the country; or (b) If Trump gets Republican Party's nomination, then a woman might become the president of the country? First random thought this morning After ECB, the BoJ has also cautioned the market about the poor economic outlook. All eyes are on FOMC meeting outcome today. If Fed also holds rates and uses a similar language to express its concern over global economic outlook, the alarm bells may begin to ring rather raucously. The best case for markets would be if FOMC decides to stay on course by hiking 25bps and shows flexibility by assuring in "whatever it t...