Central Government has today banned bulk SMS for the next 72hrs in the wake of the Ayodhya Land Judgement tomorrow (24/Sept). While this is a good move to prevent rumours from spreading, I was surprised at the impact of this move. This move seems to have hit even the genuine corporate users of sms. Take … Read more
Watching the events around Kashmir esp. in the recent past I am surprised that as a country (which we project as a growing power) we are not able to manage the situation created by a few selfish people. Or is it the case that Politicians do not want a solution to the issue so that … Read more
It is surprising that in India all poor are only from the so-called minority religions only. This is what can be interpreted from Supreme Court ruling allowing quota for poor among Muslims in Andhra Pradesh. Andhra Government has categoried almost all sects, sub-sects, groups of Muslim as backward/poor and given them quota in education & … Read more
SEBI’s acquital of NSDL in the IPO scam is another proof of influence of the SEBI Chairman on the proceedings. NSDL as a depository should have put in place a system to identify multiple accounts and doubtful accounts. More than any other entity NSDL could have done the job easily. One more biggie in the … Read more
National Stock Exchange (NSE) of India has launched a new feature/page on it’s website (www.nseindia.com) – SPARKLINES. A useful tool to view the trend of stock prices among the major indices in the exchange – NIFTY, JR. NIFTY, CNX IT, BANK NIFTY & NIFTY MIDCAP 50. In a single page it provides in the current … Read more
Yesterday Maharashtra Govt. announced new rules for issue of new permits for Taxi Drivers in Mumbai. It stipulated that only persons domicile in the state (i.e., living in the state for 15 years or more) and who can speak, read & write Marathi will be given permits. The reaction – Media was all over it … Read more
Indian Parliament has approved bill that is the most Poor Friendly till date. It enables Poor People to fly for free within India. How? All you need to know is an MP or a Minister in the Union Cabinet. You can fly free with the MP/Minister anywhere within India. So get ready to fly. Additional … Read more
There has been heated discussions, announcements over extension of Indian Stock Market Trading timings from the current 9:55AM to 3:30PM. The focus of the both the major exchanges, NSE & BSE, has been to start the market early i.e., at 9:00AM (as announced last week). Most brokers esp. small brokers are opposing this since funds … Read more
Gujarat CM Mr. Narendra Modi has fired the first salvo in election reforms by making it COMPULSORY to vote in local body elections in Gujarat. There may be many critics to this from both the general public and the political class, but I believe this is a step in the right direction. People may say … Read more
What is right on the part of RBI to buy gold now when the prices are at all-time high? It looks more like a bubble/ speculative rise. On the other side, gold is any time more valuable than paper dollars 🙂