Bharat Rakshak Forum Announcement

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Search found 438 matches

by nandakumar
17 Jul 2017 16:16
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 3286
Views: 232371

Re: Indian Economy News & Discussion - Aug 26 2015

Essar Steel loses the case in Gujarat High Court. http://economictimes.indiatimes.com/industry/banking/finance/banking/gujarat-hc-turns-down-essar-steels-bad-loan-plea-in-big-win-for-banks/articleshow/59631228.cms It is another matter that the High Court should never have entertained the plea in the...
by nandakumar
17 Jul 2017 10:23
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 918
Views: 34004

Re: Solar energy in India

Rest of the article. So as the Samsung Galaxy Note 7 battery fires proved, the rapid introduction of new battery designs is risky. As my battery engineer says: “Lithium ion batteries are so dangerous because they are so energetic. The way you make them more safe is by reducing their propensity to re...
by nandakumar
17 Jul 2017 10:17
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 918
Views: 34004

Re: Solar energy in India

Couldn't post the full link as there were limitations on my hand phone. Here is some more. Batteries, though, are not atomic bombs, integrated circuits, or penicillin. With a great deal of effort on the part of engineers, you get progress, not breakthroughs. That progress will not come at a pace tha...
by nandakumar
17 Jul 2017 08:43
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 918
Views: 34004

Re: Solar energy in India

From Financial Times. Not very bullish on battery technology. People have lost their faith in the presidency, quantitative easing, the social value of Twitter, and even the decline of France. Yet they still have a childlike belief in the electric battery industry. Americans buy Tesla stock, with or ...
by nandakumar
29 Jun 2017 21:31
Forum: Technology & Economic Forum
Topic: Civil Aviation Development & Discussion
Replies: 3954
Views: 207337

Re: Civil Aviation Development & Discussion

pandyan wrote:IA used to fly dorniers right? I remember flying in one

yes. The Indian Airlines subsidiary Vayudoot.
by nandakumar
29 Jun 2017 12:26
Forum: Technology & Economic Forum
Topic: Civil Aviation Development & Discussion
Replies: 3954
Views: 207337

Re: Civil Aviation Development & Discussion

Doesn't IA run unprofitable routes solely due to being a govt entity and service like railways is implied? If AI goes private then unions will :(( Heck even for madras airport modernisation the unions went :(( and couldn't be done like hyd or blr. Forget about Hyderabad and Bengaluru which at least...
by nandakumar
29 Jun 2017 10:22
Forum: Technology & Economic Forum
Topic: Civil Aviation Development & Discussion
Replies: 3954
Views: 207337

Re: Civil Aviation Development & Discussion

Tatas do seem to be interested. Tata Sons chairman did meet with senior government officials according to news reports. Ratan Tata calls the shots in Tata Sons. His passion for aviation business is well known.
by nandakumar
29 Jun 2017 09:50
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1218
Views: 128057

Re: India's Power Sector

nandakumar, You posted in the wrong thread. It should go in the telecom thread. I was responding to the specific point that if only all appliances can be designed to use low voltage DC current it is a cost efficient solution for solar power. I mentioned Jhunjhunwala's track record in telecom where ...
by nandakumar
28 Jun 2017 20:53
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1218
Views: 128057

Re: India's Power Sector

The problem with Ashok Jhunjunwala approach is this. He has an idea which is just short of MNC technology in terms of output. But he persuades the powers that be that what he has is what the country needs. The newspapers give a big build up. The Govt is paralysed into taking any decision. The way he...
by nandakumar
20 Jun 2017 14:03
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1218
Views: 128057

Re: India's Power Sector

A novice question. Does the world have enough lithium reserves and I believe cobalt which too is required although in smaller quantity?
by nandakumar
03 Jun 2017 11:17
Forum: Technology & Economic Forum
Topic: Climate Change: Propaganda Vs Reality
Replies: 688
Views: 24949

Re: Climate Change: Propaganda Vs Reality

That is the bane of India. Here in TN the local politicians are loath to let go of control. As a result long after the transmission infrastructure for Southern regional grid was put in place the TNEB refused to connect with the southern grid. By islanding the windmills they were able to generate kic...
by nandakumar
01 Jun 2017 10:56
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 918
Views: 34004

Re: Solar energy in India

Theo Fidel
Good to see you back in action. Your posts have been valuable in the past. I had benefited from it.
by nandakumar
01 Apr 2017 16:16
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 3286
Views: 232371

Re: Indian Economy News & Discussion - Aug 26 2015

India did do QE, of a kind. Unlike the US where the Fed bought toxic assets. India expanded public expenditure at the cost of increasing fiscal deficit. This was part of a G20 consensus way back in 2008. The US was very keen that all G20 countries participate so that their EQ stimulus doesn't hurt t...
by nandakumar
27 Mar 2017 21:26
Forum: Military Issues & History Forum
Topic: LCA: News & Discussions - October 2016
Replies: 3863
Views: 543277

Re: LCA: News & Discussions - October 2016

I do not know anything about the technology of vibration dampners. But I know that during my days at Telco (Tata Motors) that a start up company based in Madras founded by a former professor of IIT Madras started supplying vibration dampners to the Tata vehicles. The company, if I remember correctly...
by nandakumar
15 Mar 2017 08:05
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 3286
Views: 232371

Re: Indian Economy News & Discussion - Aug 26 2015

A_Gupta wrote:What are an Indian city corporation's sources of revenue?

In Maharashtra it is Octroi (entry tax) but elsewhere it is property tax. But mostly it is handouts from the States and more recently devolution from the Centre.
by nandakumar
03 Feb 2017 16:35
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

Cheques are negotiable instruments. Which is why you hear of someone being prosecuted under the Negotiable Instruments Act for dishonour of a cheque. The title to the value implicit in the instrument can be endorsed and transferred if it is not made out as Account Payee to the name of the 'payee'. A...
by nandakumar
29 Jan 2017 15:45
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 3286
Views: 232371

Re: Indian Economy News & Discussion - Aug 26 2015

Old school journalism frowned upon question mark in the headline. Unfortunately in this day and age of clickbait digital media journalism question mark headlines have become mainstream journalism.
by nandakumar
20 Jan 2017 16:18
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

The JPC is a producers' body. In the pre liberalisation era they would make allocation of who gets what quantity of steel. Now it is just like any other industry association, collecting production data. So technically the steel plant output could be leading to stock yard inventory build up or even d...
by nandakumar
17 Jan 2017 21:02
Forum: Military Issues & History Forum
Topic: Indian Army News & Discussions - 11 June 2014
Replies: 2693
Views: 177817

Re: Indian Army News & Discussions - 11 June 2014

at high altitude most humans struggle to feel taste or sometimes lose appetite... but still require a lot of calories to function not surprised that soldiers complain of the food not being tasty - but this is not a 'neglect' issue as such Forget about high altitude. I have tasted MTR, Aashirwad and...
by nandakumar
13 Jan 2017 13:47
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

Sachin, I had already said those with current a/c's have no constraint in depositing or withdrawing cash esp current a/c holders with pvt banks. Only problem is with those with SB a/c. secondly pvt banks like icici, axis, hdfc spend a lot of effort to 'cultivate' + wine & dine auditors in charg...
by nandakumar
10 Jan 2017 11:28
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

From Spinster Mrs IG nationalized banks in 1969. When IG split the Congress,the treasurer of Congress party was Venkata Subbiah prior to the split into Cong I and Cong O ( Congress Indira Gandhi And Congress Organization) the Congress party constitution allowed only Treasurer of the party to with d...
by nandakumar
09 Jan 2017 21:48
Forum: Strategic Issues & International Relations Forum
Topic: Analyzing CPEC
Replies: 727
Views: 82923

Re: Analyzing CPEC

To be honest I didn't think of transhipment by sea. But that only makes the case against Gwadar even stronger. The huge mother ships load at Rotterdam if we are talking of European cargo. They unload at Colombo. From there smaller vessels take the cargo to either ports of destination on the east or ...
by nandakumar
08 Jan 2017 21:13
Forum: Strategic Issues & International Relations Forum
Topic: Analyzing CPEC
Replies: 727
Views: 82923

Re: Analyzing CPEC

No logistics manager of a manufacturing unit in the Western part of India would want a raw material or component to be unloaded into Gwadar port and transported by road through Pakistan and diverted into India at Punjab or horror of horrors, via Jammu/Kashmir when he can unload the cargo into Mundra...
by nandakumar
05 Jan 2017 21:40
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

Shiv Quote: This is the exact question I asked - but I got the impression that I as pushing it too far although the man is my friend. Maybe I could trick him into revealing names - but that will have to be some other day.But as a direct answer to your question here is the impression I got. I was tol...
by nandakumar
30 Dec 2016 12:37
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

RajeshG "No the explanation will probably be shown as cash on hand. Not income." If your reported incomes and known assets taken together, cannot explain the latest cash deposit post demonetisation announcement, it will be treated as income on which tax has not been paid. Cash (asset) is a...
by nandakumar
29 Dec 2016 10:09
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

The figure of 15.44 lakh crore as the value of 500 and 1000 rupee notes in circulation as on Nov 8th, is the figure given by the Minister of State for Finance in answer to a question in the Parliament. So that is the official figure.
by nandakumar
22 Dec 2016 22:47
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

Regarding sale transaction partly in cash and partly in cheque, I had an experience. I was the power of attorney holder for the sale of a property belonging to a relative of mine, some years ago. The buyer wanted to pay the sale consideration in cash and cheque. The implication was that the sale dee...
by nandakumar
22 Dec 2016 16:21
Forum: Military Issues & History Forum
Topic: CDS, Tri-Services Issues & Integration Debate
Replies: 246
Views: 17567

Re: CDS, Tri-Services Issues & Integration Debate

The manipulation of selection to senior positions of command begin from the rank of colonel to brigadier. Super session at this level does not raise any eye brows. It is after all at levels that is hardly considered newsworthy. Once it is done systematically all the way up, the chosen person automat...
by nandakumar
22 Dec 2016 14:38
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

Nandakumarji, there have been instances (in the news) of people taking a color photocopy of the 2000 rupee note (or some similar low tech forged currency). If it makes you any happy, I have had bus drivers in Europe check my 20 euro note. Your are right. Perhaps I have to give her the benefit of do...
by nandakumar
22 Dec 2016 13:56
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

Was in Tirupati on Monday and Tuesday on a family pilgrimage. On Tuesday went to the Padmavati Thayar temple in Tiruchanoor. All of us deposited our mobile phones at the counter but SHQ forgot about the inactive mobile phone in her handbag which she keeps as a telephone directory for contacts built ...
by nandakumar
20 Dec 2016 22:48
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

Went around in search of cash , all 8 ATMs I visited were out of cash , after that I gave up and went home Its getting tiresome now Will have to go to the bank to withdraw cash tomorrow What is this fetish about drawing from an ATM? Drawing cash from a bank branch is just as good. Even if one's ban...
by nandakumar
14 Dec 2016 14:32
Forum: Strategic Issues & International Relations Forum
Topic: India-US relations: News and Discussions III
Replies: 3964
Views: 314011

Re: India-US relations: News and Discussions III

EOG Resources, another major oil producer in the US, using fracking technology reported that in the first nine months of 2016, their variable cost of extraction worked out to $12.5 per barrel. At least existing producers with invested dollars in field development have no reason to stop production at...
by nandakumar
11 Dec 2016 22:14
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

Armen T Your post reminds me of something that I experienced. One morning many years ago, I landed at my bank branch as soon as the branch had opened. The staff were just reporting in. I was standing in front of one of the counters to withdraw some money or do some other transaction, I forget what. ...
by nandakumar
07 Dec 2016 18:59
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

All that the banks are doing nowadays is to distribute cash. There is no other banking activity going on. there are no new deposits, no new advances, and neither is the new cash distributed coming back into banks. can somebody explain the economic consequences of this phenomenon. That is bound to h...
by nandakumar
04 Dec 2016 17:38
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

It was posted here or in the politics thread that Modi's recommendation to the Jan Dhan account holders not to return the money deposited by black money holders is not feasible. Apparently those black money holders have taken their ATM cards and also taken a post dated cheque from the JD account hol...
by nandakumar
03 Dec 2016 17:04
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

But the problem is not just evasion of tax. If there is any loot etc., then it is very problematic to justify it to people. That is why politicos will face a lot of problems. Yes. But it is still manageable. Lets say I am a PWD engineer and I have amassed 100 crore in bribe miney. I can offer it to...
by nandakumar
03 Dec 2016 15:03
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

After the latest amendment to the income tax law where unaccounted cash can be offered to tax @50% and 25% kept with the government under the PM Krishi Kalyan Scheme or whatever for five years, practically all of the demonetised currency will come back into circulation. It doesn't make sense for som...
by nandakumar
28 Nov 2016 22:34
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

In the last 20 days since demonetization I have managed to exchange 3 x Rs 2000 notes (Rs 6000) for purchases - getting Rs 4200 in change as Rs 100 and 50 notes. I don't find UPI/PayTM very useful yet. All my utility bills and a lot of other stuff was already e payments. My need for small notes is ...
by nandakumar
28 Nov 2016 22:01
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7378
Views: 434404

Re: Currency Demonetisation and Future course of Indian Economy

Most co-op banks are in rural areas, clientele are dominantly agricultural. The income for them is tax free. A "farmer" deposits Rs. 10 lacs, says never trusted banks earlier but here is my accumulated farm income. What is IT officer going to do? Squat. IT guys aren't rookies in this busi...

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