Some Financial Gyan from RBI

June 25, 2008

Couldn’t help appreciating the move by RBI to encourage Financial literacy. Their targets are Kids and Happily i would like to treated as a Kid. This is the URL to avail some free gyan.

http://www.rbi.org.in/financialeducation/home.aspx

Monetary Policy is has three main objectives. RBI is the sole enforcer and creator of the Monetary Policy. The three objectives are

  1. Controlling inflation
  2. Encourage growth
  3. Financial Stability

First one bothers me more these days you know, I have been hearing a lot about this whole inflation and other issues. Mr Moneykumar clarified some doubts but you see I need more time to assimilate.

Trying hard to understand why the whole world is tumbling around with inflation. I was reading the Press release of RBI to figure out something and came up with this list.

  1. International Commodity Prices [ Oil & Metals especially ]
  2. Investment demand in India continues to Rise [36% of GDP this year]
  3. Imports overtaking exports [ Includes Non-Oil imports Rise ]
  4. Fiscal Pressures [Enhanced subsidies by Govt]

Not sure how they are contributing to Inflation. But hope that reading this will help.

Saikrishna


Wear Sunscreen & Essay and other ramblings

June 24, 2008

Do one thing that scares you. I was trying to create a list of things that can actually scare me.

  1. Talking to girls
  2. Interacting with arrogant yet stupid people
  3. Realizing that I wasted a minute of my precious life every minute
  4. Above all thoughts of Failure in the exam

Better to go back to work now. I cannot waste any more time. Watch the video !


Currents of Change

June 21, 2008

For a change let me stop writing Long boring unreadable stories. Let me tell you a simple straight Story.

There was a man who was young and charming. He had all the good qualities girls would like and he is simple and caring. He lived in a colony and there were two beautiful girls who were interested in him. Lets give them random names lyla, juliet. However, his attitude towards them was that of routine indifference. Owing to his goodness he replies calmly to their questions and doesn’t show too much interest in them or their beautiful dress or other noticeable things. These two girls interactions are often geared towards who will win the boy. These interactions among them slowly turned into challenges.

A Boy can only get married to Once so these two girls were trying to do all that they can do to secure him. Just like any other Love story there has to be some twist in the tale, One girl seemed to get an unfair advantage in this so far fair game. Lyla has won the nomination from the parents of the Boy. Juliet became disappointed. She could not imagine life with out him. She felt like her source of energy wiped out and became silent. From the days of nomination things picked up pace and moved till the engagement. Indifferent good boy agreed with out any thought to his parent wishes to be engaged to lyla for no apparent reason. It was the engagement day and Juliet was spending days just wandering in silence in the park looking like a dry leaf in the greenier grassy park. She was sitting on the stone slab and watching life around her with dried up glass eyes.  Some how children rejoicing themselves by playing football in a obscure corner attracted her attention.

They somehow gave her solace and she was watching how kids were playing in the rough. Slowly she became absorbed in the game watching movements of the football and the emotions of kids. Game picked momentum one shot of football rebounded after hitting the goal post fell into the open well lying immediately next to the park separated by iron fence. The small kids were afraid of even getting close to it as it was full of green slippery algae making deep and scary well frightening to even think of. They all are worried and scared. Juliet was the most worried one now. She was trying to light the already extinguished candle of happiness in herself from glows of faces of the children. Juliet’s “Loss of Love made her blind” and she moved briskly to bring the ball and fell into the deep well. Everyone was shocked with the incident it was like two sounds heard in a short lapse. Children were shouting loud and people gathered.

She was ultimately dragged out of the dreaded well after 15hours by Municipal staff and admitted into the hospital and She was in unconscious state and her body parts have skin torn by rusted iron waste that was thrown into the well and lost almost two liters of blood severely affecting some inner organs. Doctors were not sure of her case some of them advised her parents to inform relatives. It took three days and still nothing was to be said. She lost her love and now is almost at the end of her life. However not everything was bad with Juliet. Juliet’s recovery was declared to be well and now doctors were sure of her survival.

Juliet after two months of fighting with all odds started opening her eyes. It is in those dark hours that light strikes like a bolt from the blue. Fate suddenly decried that it would have final say in the story. She instead of her doctor and Nurse she saw the good boy and lyla waiting for her. She couldn’t hide the glow in her eyes. Lyla carried a smile with respect, admiration towards her friend. She seemed different and Juliet understood that she was married.

Lyla came to her bed and sat on to left and our goodboy came closer to her on right and whispered in her ears. ” Will you marry me?” with a diamond ring in his hand waiting to decorate the juliet hand. She couldn’t believe what every she was seeing and to her amazement it is nothing but true. She was immediately puzzled. Her face turned sad and she was looking at Lyla then to clarify her Another man came and stood behind Lyla keeping his hand on lyla’s shoulder, Clarifying that he is the husband. Lyla helped juliet to sit comfortably and our good boy decorated juliet’s left hand with the diamond ring. Juliet is still puzzled but she was assured by a Everything is alright smile on everyones face around her.

Puzzled how did this happen?

The incident was portrayed by the media and Others as an event of committing suicide on failure of Love and Juliet was portrayed as a Great Lover. The media brain wash so great that goodboy adored her and Lyla was too willing to convince good boy about the seriousness and purity of love of Juliet. As always, media reported what it thought was more appealing and people were too eager to be convinced by media’s version.

Welcome to the age of media guys ! Anything is Possible. Come on sometimes good things do happen with media intervention.


New Generation Social Music Revolution ideas!

March 4, 2007

I was thinking of writing a reader to index all my music files for comparing them with my friends music collection The vision i have for the reader is to create a hash for the audio data in the MP3 file and not the other files. For that i have to write my own python module. I am planning to give it a try.

http://mail.python.org/pipermail/python-list/2001-March/075666.html


New Age Historiography

February 5, 2007

I like our ancestors don’t really care recording things in a scientific way, perhaps it is in our culture to talk more and work/write less [ Prof.Amartya sen's Argumentative indian]. But recent years have seen a multitude of blogs raising the banner, there were many successful campaigns (not just social but even political) run using blogs as a medium.

To me modern historiography is to be seen as something like distributed blogging. I have a plan of trying to reconstruct history by processing blogs everyday. I am sure that this will be fun and its importance will be realised very soon. Since blogs are more numerous so no more biased opinions and all opinions can be displayed by logically analyzing them and identifying the root logic for various opinions and taking it out and classifying them to project the real history, sure this is an interesting problem to think about. I understand that this is something related to Natural language processing and AI . This is a good project worth thinking. I will ponder over this and come back with a design.

Let me quickly introduce my self :

I am an idea man. Nothing is impossible and every thing can be improved always no matter what it is. I am an abstract thinker with an eye on generating useful stuff from the inputs i take from the society and my life. I am an techie with an interest in understanding laws not just of nature but of human relations. Much better and neatly written summary about my psychological classification can be found at INTJ page.


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