Search found 525 matches

by nandakumar
21 Aug 2018 14:16
Forum: Strategic Issues & International Relations Forum
Topic: Kerala Floods - Aug 2018
Replies: 290
Views: 8976

Re: Kerala Floods - Aug 2018

This particular time, what happened is that the southwestern monsoon was active, and a depression happened in Bay of Bengal, which 'pulled' the moist air over KL. I don't remember a depression in BoB happening in the past during SW monsoon Now what I am scared of is another depression in Indian Oce...
by nandakumar
02 Aug 2018 12:04
Forum: Strategic Issues & International Relations Forum
Topic: Neutering & Defanging Chinese Threat (15-11-2017)
Replies: 2073
Views: 246780

Re: Neutering & Defanging Chinese Threat (15-11-2017)

The Chinese operate a Tamil language radio service! Wonder who all tune in. Must be used for peddling influence amongst the Tamil populations of Srilanaka, Southeast Asia as well https://twitter.com/spatranobis/status/1024171622561771521?s=21 It has been around for a long time. I remember as a coll...
by nandakumar
30 Jul 2018 21:51
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1493
Views: 194911

Re: India's Power Sector

This news about the Hoover dam would warm the cockles of Theo Fidel. He has been for long a votary of pumped storage.
https://www.nytimes.com/interactive/201 ... nergy.html
by nandakumar
28 Jul 2018 12:09
Forum: Strategic Issues & International Relations Forum
Topic: Iran News and Discussions
Replies: 2999
Views: 198243

Re: Iran News and Discussions

chetak
This news report says Reliance will stop Iranian imports.
https://www.business-standard.com/artic ... 364_1.html
by nandakumar
28 Jul 2018 11:36
Forum: Strategic Issues & International Relations Forum
Topic: Iran News and Discussions
Replies: 2999
Views: 198243

Re: Iran News and Discussions

The importance of Iranian oil comes from the fact that currently global oil market is tightly balanced with supply disruptions from Venezeula, Libya and Nigeria. The American sanctions against threatens to pull out 3 million barrels per day of oil that cannot be made good from supply elsewhere. Henc...
by nandakumar
23 Jul 2018 10:00
Forum: Technology & Economic Forum
Topic: Perspectives on the global economic changes
Replies: 4118
Views: 189660

Re: Perspectives on the global economic changes

The problem about investing foreign exchange surpluses in SDRs is that the backer of that paper is IMF. Now, IMF lending is to chronic borrowers with dodgy political and economic situation. Think Argentina, Pakistan etc. This results in chronic rescheduling of old debts into ever larger newer loans....
by nandakumar
16 Jul 2018 07:57
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1855
Views: 282272

Re: Indian Economy News & Discussion - Nov 27 2017

If you include inward remittances, we might actually see a current account surplus in 2018-19.
by nandakumar
15 Jul 2018 10:30
Forum: Strategic Issues & International Relations Forum
Topic: Understanding the US- Again
Replies: 991
Views: 92173

Re: Understanding the US- Again

To my limited understanding, grand jury indictments are rulings where the jury decide on whether case is fit to go to trial with a regular jury and prosecution and defence lawyers. A grand jury indictment is not a verdict of guilt. It is merely a preliminary step towards eventual verdict of guilt or...
by nandakumar
13 Jul 2018 15:45
Forum: Strategic Issues & International Relations Forum
Topic: Neutering & Defanging Chinese Threat (15-11-2017)
Replies: 2073
Views: 246780

Re: Neutering & Defanging Chinese Threat (15-11-2017)

"Meanwhile, an official from Uttar Pradesh said a bridge was washed away within weeks of its construction as the Kosi river changed course."
A quote from the above story.
So the bridge existed where there was no river?
by nandakumar
09 Jul 2018 22:14
Forum: Strategic Issues & International Relations Forum
Topic: Internal Security Watch
Replies: 3899
Views: 287697

Re: Internal Security Watch

If they don't go the extra yard they don't get future recruits. So Ranbir had to be exfiltrated after his cover was blown.
by nandakumar
08 Jul 2018 22:35
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1855
Views: 282272

Re: Indian Economy News & Discussion - Nov 27 2017

This has always baffled me. Hoped with new govt. these idiotic rules would be relaxed. Also, so many buildings are stuck because of lack of approvals from civil aviation etc. Not only we have lowest FSI, but also such bureaucratic hurdles. As mentioned in the video, if FSI is raised, houses will be...
by nandakumar
05 Jul 2018 12:17
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 701
Views: 88229

Re: GST - Discussion on all aspects.

The 'reverse tax' concept in a value added tax regime is in my view, meaningless. It made sense under the old salestax regime where cascading levies were perfectly acceptable and 'purchase tax' the other name for 'reverse tax' was a more efficient form of tax collection. Consider this case. The gove...
by nandakumar
05 Jul 2018 11:27
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1493
Views: 194911

Re: India's Power Sector

India's hydro electric projects are almost invariably linked to irrigation needs. Does that not pose a constraint in expanding pumped storage facilities? Also there is the aspect of submergence of land at the plains to create a pond for storing water before being pumped up. Land acquisition could be...
by nandakumar
04 Jul 2018 16:34
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1493
Views: 194911

Re: India's Power Sector

A website for news and commentary dedicated to petroleum sector has a section dealing with discussion among forum members. I chanced upon one such discussion on electrical grid management. One poster claimed that the UK National grid has 2800 mw of pumped storage capacity of hydro electric which can...
by nandakumar
26 Jun 2018 13:49
Forum: Technology & Economic Forum
Topic: Oil & Natural Gas: News & Discussion
Replies: 1431
Views: 179449

Re: Oil & Natural Gas: News & Discussion

Any thoughts among members here as to how the impending US sanctions on Iran will affect oil prices for supplies to India? Last time around oil companies routed payments through UCO Bank which was not exposed to US operations and the bank got interest free funds which helped it show profits. There w...
by nandakumar
14 Jun 2018 14:06
Forum: Strategic Issues & International Relations Forum
Topic: Shanghai Cooperation Organisation (SCO) - News & Discussion
Replies: 124
Views: 9047

Re: Shanghai Cooperation Organisation (SCO) - News & Discussion

Cheap labour and export proceeds funneled back into the US as Chinese holdings of US treasury bills and G Secs. The US could scale up their federal spending without any thought for fiscal consequences of their military adventures. This was the China deal and US thinks it can do the same with cheap N...
by nandakumar
14 Jun 2018 07:11
Forum: Strategic Issues & International Relations Forum
Topic: Shanghai Cooperation Organisation (SCO) - News & Discussion
Replies: 124
Views: 9047

Re: Shanghai Cooperation Organisation (SCO) - News & Discussion

Globally, the oil market is tightly balanced with demand continuing to rise while supplies are not keeping pace. US oil and gas production is constrained by pipeline capacity restrictions. There are limits to how far we can play the US oil card. As far playing the US card in a larger geopolitical co...
by nandakumar
13 Jun 2018 17:29
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 2445
Views: 287053

Re: Indian Railways Thread (Dec 2015)

The reservation algorithm does try to put passenger in contiguous seats. But the bane of Railways is this thing called VIP Quota. In addition there are certain seats earmarked for emergency requests (EQs). Taken together, in a 1A coach of 24 berths, as many as 12 are not available till the last date...
by nandakumar
13 Jun 2018 14:59
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 2445
Views: 287053

Re: Indian Railways Thread (Dec 2015)

Talking of nostalgic train jouneys my favourite is the Bombay-MadrasJanata Express. The train would arrive at Sholapur junction (enroute to Madras) around 6.30 pm and would stop for a good 15 to 20 mts. Enough time for us to hop across to the wine shop across the road on the other side of the railwa...
by nandakumar
13 Jun 2018 14:40
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 2445
Views: 287053

Re: Indian Railways Thread (Dec 2015)

Sachin What I meant by 'chart not prepared' was that there is uncertainty about berth numbers even though one has a confirmed ticket. The allotment is made on the evening before the date of departure. There is no guarantee that a group of three or four will be given berths in the same cabin. I think...
by nandakumar
13 Jun 2018 12:15
Forum: Strategic Issues & International Relations Forum
Topic: India - South & North Korea Thread
Replies: 1342
Views: 123366

Re: India - South & North Korea Thread

Bottom line: this looks like a sensible deal, not much chest-thumping on either side. 1. NoKo stops nuko. 2. NoKo stops mijjiles (they are visibly scrapping their engine test sites and oursourcing to Chinese sites in the Gobi) 3. No more missile overflights over Japan. 4. US-SoKo stop saber-rattlin...
by nandakumar
12 Jun 2018 21:52
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 2445
Views: 287053

Re: Indian Railways Thread (Dec 2015)

Why can't railways throw open seat reservation the way airlines do? They can even charge a premium the way airlines do. I would love to travel with my grandson, daughter and son in law or my wife in AC First Class Chennai to Kamakhya junction on the Yeswantpur Kamakhya super fast express. My grandso...
by nandakumar
12 Jun 2018 11:23
Forum: Strategic Issues & International Relations Forum
Topic: Internal Security Watch
Replies: 3899
Views: 287697

Re: Internal Security Watch

Edited excerpts on the incident from Assam Tribune newspaper starting from June 9, the day after the incident. See below. Quote: "Guwahati, June 9 (IANS): In a shocking incident, two youths from Guwahati were beaten to death by an agitated mob at a remote location in Karbi Anglong district on s...
by nandakumar
11 Jun 2018 22:36
Forum: Strategic Issues & International Relations Forum
Topic: Indo-UK News & Discussions- June 2017
Replies: 1496
Views: 172910

Re: Indo-UK News & Discussions- June 2017

It is not Belize or some obscure Latin American or Carribean vohntries. Most countries of the West including the US accept dual nationality. The Indian laws have no means of ascertaining if someone is travelling using a passpot of another country while simultaneously possessing an Indian passport.
by nandakumar
11 Jun 2018 22:15
Forum: Strategic Issues & International Relations Forum
Topic: Internal Security Watch
Replies: 3899
Views: 287697

Re: Internal Security Watch

https://www.outlookindia.com/website/story/nilotpal-abhijit-were-killed-by-the-system-not-people-friends-of-two-assamese-me/312391 One of the most sickening, revolting incidents you could ever hear about. That mob must be executed en masse, and quickly. And shame their families as much as possible....
by nandakumar
09 Jun 2018 12:42
Forum: Technology & Economic Forum
Topic: Perspectives on the global economic changes
Replies: 4118
Views: 189660

Re: Perspectives on the global economic changes

The article in the link below argues that US sanctions against Iran will not have the same effect as in 2009-14 leading eventually to a nuclear deal. The sanctions will fail for the crucial reason EU will not play ball this time around unlike last time. http://jpkoning.blogspot.com/2018/06/evading-n...
by nandakumar
05 Jun 2018 11:54
Forum: Strategic Issues & International Relations Forum
Topic: Understanding the US- Again
Replies: 991
Views: 92173

Re: Understanding the US- Again

A nice and insightful piece on Trump's skill as a negotiator. The articles makes two points. His skill as a negotiator in business dealings is over rated. Two, they are in any case ill suited for political diplomacy. https://www.politico.com/magazine/story/2018/06/01/donald-trump-deals-negotiation-a...
by nandakumar
05 Jun 2018 09:58
Forum: Technology & Economic Forum
Topic: Oil & Natural Gas: News & Discussion
Replies: 1431
Views: 179449

Re: Oil & Natural Gas: News & Discussion

At $7 plus per MBTU the generation cost will be quite high but less than diesel. Only those gas based power stations which have power purchase agreement with a utility company where fuel cost is allowed to be passed through can afford it. I think the LNG will be used as domestic fuel under pipeline ...
by nandakumar
03 Jun 2018 12:02
Forum: Strategic Issues & International Relations Forum
Topic: J&K News and Discussion - 2016
Replies: 2254
Views: 351454

Re: J&K News and Discussion - 2016

One of the biggest way to route money nowadays is via hotel bookings. All these kashmiri hotels have no cancellation policy, so hotel rooms are booked online for guests that never show up. Free money directly under the nose of the establishment under the garb of legal business. This is the reason w...
by nandakumar
30 May 2018 13:54
Forum: Strategic Issues & International Relations Forum
Topic: Indo-UK News & Discussions- June 2017
Replies: 1496
Views: 172910

Re: Indo-UK News & Discussions- June 2017

Robert Clive was a Scotsman or at least born as one.
by nandakumar
26 May 2018 14:31
Forum: Strategic Issues & International Relations Forum
Topic: Neutering & Defanging Chinese Threat (15-11-2017)
Replies: 2073
Views: 246780

Re: Neutering & Defanging Chinese Threat (15-11-2017)

Defence equipment purchases do not get reflected in trade data at least in India's case. This skews the external transactions somewhat. If this is included I am sure Russia would come out with a substantial surplus in its trade with India. The other point is chinese trade surplus is seen as only mar...
by nandakumar
18 May 2018 16:59
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1855
Views: 282272

Re: Indian Economy News & Discussion - Nov 27 2017

Vina I have an issue with your contention that it is normal for futures price to be lower than the spot. Let us say, I have one barrel of oil. I sell in the spot market (30 dollars) and collect cash. Take the cash and buy 180 day T Bills and thus lock into a certain amount of interest income. Addit...
by nandakumar
18 May 2018 16:13
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1855
Views: 282272

Re: Indian Economy News & Discussion - Nov 27 2017

Vina I have an issue with your contention that it is normal for futures price to be lower than the spot. Let us say, I have one barrel of oil. I sell in the spot market (30 dollars) and collect cash. Take the cash and buy 180 day T Bills and thus lock into a certain amount of interest income. Additi...
by nandakumar
17 May 2018 21:55
Forum: Technology & Economic Forum
Topic: Indian Urban Development and Public Policy Discussion
Replies: 406
Views: 37455

Re: Indian Urban Development and Public Policy Discussion

How about if sewerage treatment plants are set up in public private partnership mode like in road projects? Just as concessaionaires in toll road projects gets revenue from vehicle users STP operators should get revenue based on treated water output. In order to strengthen the contractual relationsh...
by nandakumar
10 May 2018 10:22
Forum: Strategic Issues & International Relations Forum
Topic: Indo-UK News & Discussions- June 2017
Replies: 1496
Views: 172910

Re: Indo-UK News & Discussions- June 2017

Suraj A query on the following point in your post "because his businesses were Indian based and registered, and he was a politician in India. He probably just visited UK regularly enough to 'reset the clock' on his ILR expiry. " This would seem to suggest that even an ILR has a fixed perio...
by nandakumar
10 May 2018 10:12
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 2445
Views: 287053

Re: Indian Railways Thread (Dec 2015)

I do think that the Indian Railways needs to be broken up into multiple operating companies and decentralised. The current railways is such an unresponsive and inefficient beast driven by random political imperatives and being centrally command-controlled from New Delhi no longer serves the growth ...
by nandakumar
07 May 2018 21:31
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 2445
Views: 287053

Re: Indian Railways Thread (Dec 2015)

Why is Arakkonam called a 'Joint Junction? I mean, stations where more than one line converges is a 'junction'. But a 'joint junction'? Just curious. Before independence, the railway lines were built and operated by many companies. Arakkonam Jn, was a "jointly" developed by two such compa...
by nandakumar
07 May 2018 08:12
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 2445
Views: 287053

Re: Indian Railways Thread (Dec 2015)

Why is Arakkonam called a 'Joint Junction? I mean, stations where more than one line converges is a 'junction'. But a 'joint junction'? Just curious.
by nandakumar
04 May 2018 13:24
Forum: Military Issues & History Forum
Topic: Small Arms Thread
Replies: 4076
Views: 653784

Re: Small Arms Thread

Yes, Their Indian arm is called Stumpp &Lewies SS full name is Stump Schule and Somappa. Somappa group is founded by Machani Somappa a very well known entrepreneur in Karnataka. M.S. Somappa He set up many mechanical products factories. They were very big for making all kinds of springs for aut...
by nandakumar
03 May 2018 17:30
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 1855
Views: 282272

Re: Indian Economy News & Discussion - Nov 27 2017

Austin Checked the RBI website. The 4% interest rate that you mentioned was Reverse Repo Rate which was set at that level in January 2009. But this was also accompanied by reduction in Repo Rate. In other words the spread was maintained at 1.5%. Post the collapse of Lehmann Brothers there was declin...

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