Posts

Economic and market review - 1

Thought for the day "The intelligent are to the intelligentsia what a gentleman is to a gent." —Stanley Baldwin (English, 1867-1947) Word for the day Calescent (adj) Growing warm; increasing in heat. Malice towards none Why no one is taking Varun Gandhi seriously?   First random thought this morning A 6 X 6 temporary shelter has transformed into a massive temple structure, housing 108ft tall Hanuman statute in past two decades or so. It is not in a forest or some hidden by lanes of an unauthorized neighborhood. This is right in the center, at one of most busy crossings, of the city. In fact, in past one decade or so it has become the symbol of Delhi, insofar as the Bollywood movies are concerned. A metro train passing by this statute is one of the most common scene in any movie shot in the city. About 200meters away from this place, tucked in a reserved forest land close to sensitive radio in...

There Is Something About Mary

Thought for the day "War would end if the dead could return." —Stanley Baldwin (English, 1867-1947) Word for the day Mufti (n) Civilian clothes Malice towards none No jobs, no reservation. Matter settled and disposed.   First random thought this morning There must be thousands of Indians staying illegally in Europe, Americas, Africa and Middle East. What should be done with them? Is there anything wrong, if the local people and politicians speak against them in threatening voices and harass them in violation of international laws? There Is Something About Mary In past two months I have received numerous communications criticizing me for irresponsibly criticizing the government. The primary and common theme in all such communications is that the incumbent government has taken many innovative, unprecedented and revolutionary steps for the upliftment of poor, farmers, women and youth. ...

Build character, develop method and enhance engagement

Thought for the day "I am one of those who would rather sink with faith than swim without it." —Stanley Baldwin (English, 1867-1947) Word for the day Chevelure (n) A head of hair. Malice towards none Will NRC (National Register of Citizens) also meet the fate of NPR (National Population Register)?   First random thought this morning RBI governor has reportedly said, "The fundamental mission of economists is not to forecast crises but to explain how the mankind behaves in the ordinary business of life and in doing so they do warn of crisis formations, suggest pre-emptive strategies and formulate mitigating policies that address those crises that slip through macroeconomic surveillance." If we ignore the subtle distinction between "forecasting crisis" and "warning of crisis", this is one of the best defenses put forward to absolve the economist community from allegation of fai...

Make it a mission

Thought for the day "Clouds come floating into my life, no longer to carry rain or usher storm, but to add color to my sunset sky." —Rabindranath Tagore (Indian, 1861-1941) Word for the day Nubilous (adj) Obscure or vague; indefinite Malice towards none Sidhu gets it, Modi still waiting! #ImranSwearing-In   First random thought this morning It is commonly to see the countrymen feeling proud over the achievements of even second generation of people who emigrated from India to foreign lands decades ago. Like we recently celebrated Akshay Venkatesh winning the Fields Medal (considered equivalent to Noble price for Mathematics). Any achievement in the fields of science, arts, sports etc. must be celebrated by the entire humanity, as all such achievements take us a step closer to the Mother Nature. It opens another door of possibilities and show us a new horizon for human potential. But, we need to ...

Its' Chicken-Egg conundrum

Thought for the day "Bigotry tries to keep truth safe in its hand with a grip that kills it." —Rabindranath Tagore (Indian, 1861-1941) Word for the day Improbity (n) Lack of honesty or moral scruples. Malice towards none When you read the promotional material of the Modi government, you only find what the government did for Muslim society, particularly women. No mention of what they did for Hindutava. Appeasement!!! First random thought this morning BJP's outreach program (Sampark se Samarthan) has gathered significant coverage and evoked mixed response in media and political circles. Through this program BJP aims to reach out to one lakh prominent personalities from various fields and explain to them the achievements of the NDA government led by them. The more one reads about this, the more one gets a feeling that BJP is taking 2019 general elections too seriously. Like in Mahabharta where both t...