e-Nagar

May 29, 2009

Cyclone Aila: A request

Filed under: Miscellaneous — Ankur Aggarwal @ 11:42 am

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Cyclone Aila which hit the coasts of West Bengal has had a devastating effect in the region. The Penn State Chapter of Association for India’s Development (AID) is a volunteer organization that has in the past done some remarkable work in sending relief to those effected in Gujarat Earthquake, Orissa Cyclone, and floods of Bihar and Assam. Please contribute generously and help this organization continue its good work.

https://secure.aidindia.org/aidadmin/donate/new/Donate.jsp?p=All%20India%20Relief%20Fund

PS: Today I would be flying to Kolkatta and would be soon posting a detailed photologue of area.

May 26, 2009

Crazy Road Signs

Filed under: Miscellaneous — Ankur Aggarwal @ 2:06 pm

What is the road sign that you least expect to see in front of a clinic/hospital?

A one way street sign.

I guess it says a lot of things about the competency of the medical staff there.

- this photo was captured inside NITIE Campus, mumbai

May 25, 2009

Credit

Filed under: Miscellaneous — Ankur Aggarwal @ 2:16 pm

My friend at FB shared a wonderful picture…
This sign at the shop reads

Credit will only
be given to people
Over 85 years of age
(fine print) That too if accompanied by both the parents

May 24, 2009

Hindi vs English

Filed under: Miscellaneous — Ankur Aggarwal @ 2:50 pm

A common argument that I (and most of the people use) is that English, unlike Hindi, is not a phonetically correct language. Brits write one thing and pronounce it other.

However today my friend threw a challenge at me.

If you think Hindi is so phonetically correct, then try writing “Mel Gibson” in Hindi.

My Hindi is not that great, so in all the attempts I made, I failed. Can one of you help me with that?

May 23, 2009

Singapore Markets: Price Discovery

Filed under: Miscellaneous — Ankur Aggarwal @ 1:54 am

I had been tracking ADRs of Indian company for years now. Many of the prominent companies like ICICI Bank, Tata Motors, Infosys, Tata Communications, HDFC, WIPRO. Dr Reddy’s, MTNL, Sterlite etc. are listed in New York. Being 12 hours behind India, the closing price of this exchange gives the insight about the opening prices in India.

NIFTY Futures are traded in Singapore Stock exchange. On monday NSE closed first for 2 hours then for the rest of the day. However Singapore stock exchange only cooled off trades in NIFTY for 5 minutes. So essentially FII could still trade, while domestic markets were closed.

Days like these makes me wonder if merely tracking prices is good enough. Indian government allows individuals to send money abroad and invest in foreign markets, but why do so few of us avail this facility? (there is an annual upper cap of 100,000 USD or so, but its large enough for most of us)

May 22, 2009

Indo-Pak relations and Taliban

Filed under: Miscellaneous — Tags: , , , , — Ankur Aggarwal @ 1:50 am

The situation in SWAT valley, Pakistan is far from normal. As per Time over 1.5 million civilians have been displaced and both sides claim to have killed over a 1000 soldiers.

For the past decade or so the government had little control over North West Frontier, but now the situation has reached crisis proportion. Pakistan needs all the men it can to fight the situation, but the problem is that bulk of its army and military infrastructure is entrenched all along the Indo Pak border and is miles away from the actual battlefield. The trust between we 2 countries is so low that no General can even think of sparing these men.

Now the question is:
1. What is the implication of this Afghan Pak standoff for India?
2. How can India make the best of it?

Losing control over the SWAT valley could destabilize/topple the newly formed democratic government in Pak. Now a democratic govt is always far better for the peace of the region than a military dictator. (Musharaff was a war hero and the chief architect for Kargil War)

Lawlessness are the recruiting grounds for terrorist. Even now Pakistan is feeling the heat of the attacks from these groups. We not only have a moral responsibility to lend them a helping hand, but ending this would reduce a lot of terrorist threats for India. After all its better to curtail the threat of Taliban on Pak soil then battle them out in our cities.

Goodwill: If India makes the smallest gesture like declaring:
“We (India) sympathize with Pak for the battle they are fighting and unilaterally declare cease fire till the threat is over” and also withdraw some troops then it will not only help us gain some goodwill with
a. Pak Army
b. Pak population
c. International Forums.

This will free a lot of Pak troops to fight the talibans. Indian army should also welcome this move because this way not only military expenses will go down, it will free our soldiers for other pressing tasks.

I think a small gesture like this could go a long way in resolving the indo-pak conflict over kashmir and also extract diplomatic mileage.

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