Search found 120 matches

by Schmidt
28 Aug 2019 11:54
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 3776
Views: 682993

Re: Indian Economy News & Discussion - Nov 27 2017

RBI maintains a huge war chest for different contingencies (currency and interest rate risks, etc.). Currently it has 7,00,000 Crores of reserves for this purpose, which is considered too much by some. Hence GOI demand for return of a big chunk of these reserves. Let's put 7 lakh crore in words, th...
by Schmidt
23 Jul 2019 09:45
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 3776
Views: 682993

Re: Indian Economy News & Discussion - Nov 27 2017

https://www.msn.com/en-in/money/news/when-nirmala-sitharaman-took-down-mps-on-super-rich-tax-hike/ar-AAEwBef?li=AAggbRN If according to the FM less than 5000 entities ( including many FPIs and Trusts ) come under the Super Rich ( > 2 Cr pa ) category , then the newly imposed surcharge is essentially...
by Schmidt
03 Jun 2019 16:28
Forum: Strategic Issues & International Relations Forum
Topic: Kerala, Andhra and Tamil Nadu - news and strategy thread
Replies: 589
Views: 57238

Re: Kerala, Andhra and Tamil Nadu - news and strategy thread

It is true that Tambrams have been driven away - forcibly ( yet ) But they have had to leave in droves in search of better educational and employment opportunities once these were denied to them by virtue of a 69% reservation policy as well a palpably hostile environment ( where DK gangsters can cut...
by Schmidt
27 May 2019 09:32
Forum: Strategic Issues & International Relations Forum
Topic: 2019 General Elections : Results Discussion
Replies: 2982
Views: 113355

Re: 2019 General Elections : Results Discussion

Tamils froth in mouth against Sanskrit is your own and some recent BIF narrative. There's no difference between Sanskrit and Tamil as both have common literature some works taken from Sanskrit to Tamil and some other works (mainly bhakti traditions) taken from Tamil to Sanskrit. There's perfect har...
by Schmidt
27 May 2019 09:18
Forum: Strategic Issues & International Relations Forum
Topic: 2019 General Elections : Results Discussion
Replies: 2982
Views: 113355

Re: 2019 General Elections News and Discussion

Tamil Nadu is disappointment especially with legions of Iyers, Iyengars, Chettiars and large middle class, and not to mention Sadhguru! --------------------------------------------------------------- Tambram population in TN is less than 2% now When I attend marriages within the community , I am st...
by Schmidt
24 May 2019 17:54
Forum: Strategic Issues & International Relations Forum
Topic: 2019 General Elections : Results Discussion
Replies: 2982
Views: 113355

Re: 2019 General Elections News and Discussion

Not keeping well , so joining the party on BRF late But what a historic verdict , even greater than 2014. Completely makes irrelevant all caste calculations , hopefully is the harbinger of the end of dynastic politics and ushers in a corruption free Bharat. Now lets wait for some crucial verdicts fr...
by Schmidt
14 May 2019 19:04
Forum: Strategic Issues & International Relations Forum
Topic: 2019 General Elections News and Discussion
Replies: 6200
Views: 511641

Re: 2019 General Elections News and Discussion

-------------------------------------------------------------------------------------------------------------------------- wtf do we need the rajya sabha. just because house of lawds and senate exists in older democracies? I see no real value add for rajya sabha. if democracy is rule of people, let...
by Schmidt
03 Mar 2019 15:20
Forum: Military Issues & History Forum
Topic: MiG-21 Bison shoots down F-16 in Kashmir
Replies: 3281
Views: 490069

Re: MiG-21 Bison shoots down F-16 in Kashmir

I do not believe anything PAF/Pakistan says, their denial means nothing they have no credibility. I have been scouring the internet for F-16 wreckage in the hopes of finding some evidence that sticks, this I have not found as yet. I am very inclined to believe IAF but hard evidence/wreckage and Abh...
by Schmidt
02 Mar 2019 22:06
Forum: Military Issues Archive
Topic: Operation Balakot: News & Discussion
Replies: 5105
Views: 754958

Re: Operation Balakot: News & Discussion

NDTV Srinivasan Jain with a panel including Ajai Shukla and C Unfair dissing the IAF , that they missed the targets at Balakote and caused no damage C Unfair laughs derisively at the gentleman representing the air force I don't understand the depravity of NDTV and Ajai Shukla , at taking pleasure in...
by Schmidt
02 Mar 2019 19:56
Forum: Military Issues Archive
Topic: Operation Balakot: News & Discussion
Replies: 5105
Views: 754958

Re: Operation Balakot: News & Discussion

Maybe it's time to adopt a 5-7 year medium term approach on defense spending keeping in mind certain contingencies, and also increase the defense budget as percentage of gdp to atleast 3.5 % from the present 2.5% , a jump of 40% Ensure the increase goes fully towards capital equipment purchase and n...
by Schmidt
28 Feb 2019 21:58
Forum: Military Issues Archive
Topic: Operation Balakot: News & Discussion
Replies: 5105
Views: 754958

Re: Operation Balakot: News & Discussion

ACM Tipnis advocates breaking up of Pakistan and all round weakening of Pakistan in all spheres as the only long term strategy that would help

He says Pakistan is only interested in breaking up India and will not stop even if we give them Kashmir

They want to the dominant hegemon in South Asia
by Schmidt
27 Feb 2019 18:23
Forum: Military Issues Archive
Topic: Indian Forces Strikes Pakistan Terrorist Camps
Replies: 2210
Views: 150578

Re: Indian Forces Strikes Pakistan Terrorist Camps

The Pakis have clearly escalated by targeting our military installations

Now all their military assets are legitimate targets

As the saying goes , big boys play at night

Expect fireworks tonite
by Schmidt
27 Feb 2019 18:07
Forum: Military Issues Archive
Topic: Indian Forces Strikes Pakistan Terrorist Camps
Replies: 2210
Views: 150578

Re: Indian Forces Strikes Pakistan Terrorist Camps

A news channel showed Pak jet debris in K G sector near Khajoor darga in Noushera
I think Mirror now

So maybe some of the debris fell on our side also
by Schmidt
27 Feb 2019 16:50
Forum: Military Issues Archive
Topic: Indian Forces Strikes Pakistan Terrorist Camps
Replies: 2210
Views: 150578

Re: Indian Forces Strikes Pakistan Terrorist Camps

India Ahead

But no other channel is mentioning this
by Schmidt
27 Feb 2019 16:45
Forum: Military Issues Archive
Topic: Indian Forces Strikes Pakistan Terrorist Camps
Replies: 2210
Views: 150578

Re: Indian Forces Strikes Pakistan Terrorist Camps

I just saw a news report saying the Pak pilot shot down is in police custody
It says Pak pilot captured , handed to police

If true this is big news
by Schmidt
27 Feb 2019 15:56
Forum: Military Issues Archive
Topic: Indian Forces Strikes Pakistan Terrorist Camps
Replies: 2210
Views: 150578

Re: Indian Forces Strikes Pakistan Terrorist Camps

I meant anti aircraft guns and missile batteries
by Schmidt
27 Feb 2019 15:51
Forum: Military Issues Archive
Topic: Indian Forces Strikes Pakistan Terrorist Camps
Replies: 2210
Views: 150578

Re: Indian Forces Strikes Pakistan Terrorist Camps

Why can't we take incoming ac down with AA batteries instead of just using air force ?

I believe this situation is going to escalate , not dial down
by Schmidt
01 Feb 2019 17:54
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 3776
Views: 682993

Re: Indian Economy News & Discussion - Nov 27 2017

Full tax rebate up to 5 lakh. :D . ---------------------------------------------------------------------------------------------------- The tax rebate is only applicable if your income is less than 5 lacs ( nett of deductions ) In case your taxable income crosses this level then the regular existin...
by Schmidt
07 Jan 2019 14:43
Forum: Strategic Issues & International Relations Forum
Topic: Kerala Floods - Aftermath and Save Sabarimala
Replies: 2416
Views: 193662

Re: Kerala Floods - Aftermath and Save Sabarimala

Hinduism is shrinking due to it's own efforts, it does not need any outside help to make it shrink. It is well capable of doing so itself. Sometimes outsiders also help seeing this struggle to undermine itself. As a small example, after a temple ulsavam (festival) I see plenty of alcoholics lying d...
by Schmidt
26 Jan 2018 10:19
Forum: Trash Can Archive
Topic: Republic Day 2018
Replies: 36
Views: 7238

Re: Republic Day 2018

Happy Republic Day

Chalo , at least the infantry and marching parades are Indian

The Russkies and other foreign vendors must be laughing their balls off at all the free PR - that too to 10 foreign heads of state

Great show
by Schmidt
16 Jan 2018 10:49
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Nov 27 2017
Replies: 3776
Views: 682993

Re: Indian Economy News & Discussion - Nov 27 2017

Looks like the bank charges posted by vijayk is for BoI. http://www.opindia.com/2018/01/truth-about-viral-message-showing-new-bank-charges-for-services-from-20th-january-2018/ The press release clearly states that there is no such proposal for blanket removal of free services by public sector banks...
by Schmidt
27 Nov 2017 10:03
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 717
Views: 108556

Re: GST - Discussion on all aspects.

OK , they have a MIN order value ( I think 200 or 250 )

Less than that , they will charge you 30 Rs as deliver charges + GST

But we have not had to face this issue
by Schmidt
27 Nov 2017 09:59
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 717
Views: 108556

Re: GST - Discussion on all aspects.

You can see Swiggy delivery guys hanging around various restaurants , waiting to collect the orders

They have no infra to generate real time bills themselves
by Schmidt
27 Nov 2017 09:58
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 717
Views: 108556

Re: GST - Discussion on all aspects.

^^^^ We use Swiggy regularly Their service levels are even better than the direct restaurant takeaway service levels You log into Swiggy website and order from the restaurant you choose and make payment to the restaurant The bill you get is from the restaurant , not from Swiggy I guess they get some...
by Schmidt
23 Nov 2017 08:17
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 717
Views: 108556

Re: GST - Discussion on all aspects.

Shouldn’t a developer get ITC on cement and contstruction materials for new developments? So that 12% GST could be absorbed by the developers. Unless construction material was being stolen like the sand scam in MP a couple of years ago. [/quote] -----------------------------------------------------...
by Schmidt
22 Nov 2017 10:16
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 717
Views: 108556

Re: GST - Discussion on all aspects.

GST on property / real estate is a real downer Can you imagine a net effective rate of 12% on a huge outlay such as property ? For this reason alone I have given up on new developments and focussing my search on resale units Some developers are offering to absorb GSt as they are desperate to clear i...
by Schmidt
07 Oct 2017 10:37
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 569946

Re: Indian Economy News & Discussion - Aug 26 2015

GST is supposed to subsume all the previous indirect taxes into one tax. It is not possible to have one single rate in India ( like say Singapore , where there is a single rate of 7% ). Too much inequality and all that. Amazingly , Hong Kong has no GST whatsoever. Also , the states in INdia were par...
by Schmidt
02 Oct 2017 14:05
Forum: Strategic Issues & International Relations Forum
Topic: India-US relations: News and Discussions IV
Replies: 2680
Views: 401798

Re: India-US relations: News and Discussions IV

This is getting serious

Now fatalities count has jumped to 20+

Shades of Mumbai 26/11 redux
by Schmidt
18 Sep 2017 09:38
Forum: Technology & Economic Forum
Topic: Indian Education System
Replies: 3741
Views: 234140

Re: Indian Education System

India needs very few elite type students or for that matter meritocratic type students. We don't do much high end research or production. What need are minimally qualified doctors/engineers willing to work for Rs10,000 pm get down to the tiny health clinic out in panruti. These are the vast majorit...
by Schmidt
12 Sep 2017 09:30
Forum: Technology & Economic Forum
Topic: Indian Education System
Replies: 3741
Views: 234140

Re: Indian Education System

From todays Hindu : http://www.thehindu.com/news/cities/chennai/how-neet-nixed-their-chances/article19667163.ece NEET screwed them by asking questions from 9th and 11th class syllabus , which the students have conveniently skipped so far and instead just crammed the 12th syllabus to get centums in a...
by Schmidt
11 Sep 2017 21:32
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 717
Views: 108556

Re: GST - Discussion on all aspects.

[/quote] Thanks for reply. Question was related to "Work contract" as in construction related contract. Not invoice as such.[/quote] ------------------------------------------------------------------------------------------------------------------ Would the billing ( based on the work cont...
by Schmidt
11 Sep 2017 19:25
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 717
Views: 108556

Re: GST - Discussion on all aspects.

There are 2 separate things 1 - they asked for total value of transitional stocks as on 30th June - for which we have paid ED / VAT 2. the amount you can actually set off as input credit would be against future GST sales - this is same as what happened under ED / VAT , and this happens over a perio...
by Schmidt
11 Sep 2017 19:16
Forum: Technology & Economic Forum
Topic: Indian Education System
Replies: 3741
Views: 234140

Re: Indian Education System

Theo - I made the comparison to China when you raised the issue of a large and complex nation with a billion plus population not being governable from one central authority . It is an apt comparison , as China has as many regional and urban-rural variations as India. Please try to counter any argume...
by Schmidt
11 Sep 2017 10:29
Forum: Technology & Economic Forum
Topic: Indian Education System
Replies: 3741
Views: 234140

Re: Indian Education System

The truth is no dilli/billi can set the standard for an entire nation of 1.6 Billion and counting. This is wacko, 1960’s type thinking. Every state is different and deserves the right to stand on its own. This whole thing is like a blast from the past. The time wasted past.... ---------------------...
by Schmidt
11 Sep 2017 10:10
Forum: Technology & Economic Forum
Topic: Indian Education System
Replies: 3741
Views: 234140

Re: Indian Education System

It's quite amusing actually Congis in power in KA , Commies in power in Kerala , but not a pipsqueak from these worthies in these states against NEET Whereas i TN these mofos gang up and denounce NEET stridently from every street corner Yesterday there was a TV interview with Thirumavalavan ( VCK )...

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