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Search found 953 matches

by Rishirishi
11 Sep 2017 05:38
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 403
Views: 34934

Re: GST - Discussion on all aspects.

vijayk wrote:July data - 97,000 crores taxes paid

Guess what? Refund claims of 60,000 crores... Govt. is shocked. I think we are heading for a disaster


That sounds normal.
by Rishirishi
04 Sep 2017 05:05
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 3671
Views: 300486

Re: Indian Economy News & Discussion - Aug 26 2015

If not paying taxes makes money "efficient" (whatever that means), then the Pakistani economy should be beating hollow the Indian economy. The joke is that "market efficiency" doesn't mean that money works better. It simply means that "prices always fully reflect available ...
by Rishirishi
26 Aug 2017 03:57
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 1855
Views: 146650

Re: Indian Railways Thread (Dec 2015)

This is the first I'm hearing of BKC being Mumbai's city center, whatever that is. Meanwhile Phadnavis is being too Chankian for his own good. He suggests an alternative plot in Dharavi, knowing fully well that it would require thousands of slums to be demolished and lakhs of people rehabilitated. ...
by Rishirishi
25 Aug 2017 01:54
Forum: Strategic Issues & International Relations Forum
Topic: India in Afghanistan
Replies: 48
Views: 2843

Re: India in Afghanistan

Posting Indian on TSP's eastern front gives them the jolt. I heard a US military analyst suggesting that India be allowed to post 50K Indian soldiers along the Durrand line. It is the ultimate TSP blackmail by the US. Remember that the situation would be very different from Kashmir, as the soldiers ...
by Rishirishi
25 Aug 2017 01:47
Forum: Strategic Issues & International Relations Forum
Topic: Neutering & Defanging Chinese Threat (09-08-2014)
Replies: 9989
Views: 677592

Re: Neutering & defeating Chinese Threat (09-08-2014)

A rising number of young Chinese people are failing fitness tests required to join the army because they are too fat and masturbate too much, state media has proclaimed. A rising number of young Chinese people are failing fitness tests required to join the army because they are too fat and masturba...
by Rishirishi
23 Aug 2017 04:48
Forum: Technology & Economic Forum
Topic: Indian Real Estate Sector
Replies: 1060
Views: 83035

Re: Indian Real Estate Sector

The construction industry has always been driven by speculation. Typically people would book flats at a discount hoping to sell them off when they were built. The promoters got cheap finance and reduced the risk. It has worked well for many people. I feel there is nothing wrong with this practice, a...
by Rishirishi
23 Aug 2017 04:24
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 956
Views: 43953

Re: Solar energy in India

Batteries of electric cars can work well with Renewable sources as they can top off when power is surplus/available. I think by 2021 we will have at least 2 million all electric cars joining the fleet with growth rate of 33% per annum for atleast 10 years. It will become difficult to sustain Crude ...
by Rishirishi
22 Aug 2017 03:10
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 956
Views: 43953

Re: Solar energy in India

Hi Rishi, The CSP plant really is designed for the last 25% to 30%. Where daily storage and seasonal storage and yes 24 hours dispatchable become more important. Which is what Gyan and I were batting back and forth. Esp. what the ultimate cost number can be, based on materials and ultimate cost red...
by Rishirishi
21 Aug 2017 01:01
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 956
Views: 43953

Re: Solar energy in India

My personal view is that PV + CSP Solar giving 24 hours power will not go below US 6 Cents per kwh until at least 2030 or ever. But I will be very happy for India if proved completely wrong Fourtunately we do not need 24hours of linar solar power supply. We need less electricity during evening and ...
by Rishirishi
18 Aug 2017 04:50
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 956
Views: 43953

Re: Solar energy in India

True but the calculation is that for a normal house there will be only 8 units surplus per day at the most and the board only pays 3.25 rs per unit for supplying into grid for excess so let's say it is 10k worth electricity per year. To be fair breaking even in 10 years is not bad either and they r...
by Rishirishi
17 Aug 2017 03:46
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 956
Views: 43953

Re: Solar energy in India

That's good news. I remember the time when roof top solar water heater prices toppled. We installed it some 15 years back and got a 0% interest loan from HDFC to cover it. Many independent row houses in Bangalore residential areas have it now. A 2KW for 78k is already quite affordable. Last time I ...
by Rishirishi
14 Aug 2017 03:33
Forum: Strategic Issues & International Relations Forum
Topic: Neutering & Defanging Chinese Threat (09-08-2014)
Replies: 9989
Views: 677592

Re: Neutering & defeating Chinese Threat (09-08-2014)

We need to achieve air superiority over Tibetan air space with in the first 24 hours. While MKI and Mirage 2000 can take care of their fighters. We should use Jags to destroy their radar coverage and SAM threats. After that we should pound the PLA with PGMs before even IA visits them. Key strategy ...
by Rishirishi
14 Aug 2017 03:08
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 3671
Views: 300486

Re: Indian Economy News & Discussion - Aug 26 2015



The greatest dividende of the demonetisation was giving hope back to Indias. Making the high and mighty desperate, brought back a sense of justace.
by Rishirishi
05 Aug 2017 00:38
Forum: Strategic Issues & International Relations Forum
Topic: Neutering & Defanging Chinese Threat (09-08-2014)
Replies: 9989
Views: 677592

Re: Managing Chinese Threat (09-08-2014)

I think this must be viewed in a greater context. First it was the south China sea, then Japan and now Bhutan. It is somewhat likely that India has USA, Japanease and even Russia backing, as these countries do not like the idea of a China which is a bully. If China backs off, they risk loosing their...
by Rishirishi
01 Aug 2017 02:35
Forum: Technology & Economic Forum
Topic: Mass Rapid Transit in India
Replies: 1454
Views: 85174

Re: Mass Rapid Transit in India

Even a nominal rate of 100/day will dissuade a few people. this can be progressively increased. As long as people see that the money raised is used for public good, there will be some acceptance. In Mumbai some 85% of the public is using public transport and the 15% of car owners are eating up all ...
by Rishirishi
01 Aug 2017 02:20
Forum: Strategic Issues & International Relations Forum
Topic: Neutering & Defanging Chinese Threat (09-08-2014)
Replies: 9989
Views: 677592

Re: Managing Chinese Threat (09-08-2014)

I think neither side wants a conflict. It's simply not worth it. China is just testing Indian response. That is it.

As this has become an media issue, they will have to figure a way out.
by Rishirishi
21 Jul 2017 18:40
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 3671
Views: 300486

Re: Indian Economy News & Discussion - Aug 26 2015

Infrastructure upgrade for Pune: City has planned a Rs 75000 cr revamp investments of Rs 65,000 crore lined up over the next five to six years on the construction of a new airport, a new Metro link, and a Ring Road, among other projects. Taken together with the Rs10,000 crore that has been committe...
by Rishirishi
21 Jul 2017 18:21
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 956
Views: 43953

Re: Solar energy in India

This article gives an idea of current costs. As per my calculation the cost of setting up 24/7 thermal solar plant is US$ 8 million per megawatt. I expect it to fall to US$ 5 million by the time technology is standardised by China as it completes it own 1000 MW thermal solar initiative. https://ars...
by Rishirishi
21 Jul 2017 18:06
Forum: Technology & Economic Forum
Topic: Indian IT Industry
Replies: 934
Views: 69606

Re: Indian IT Industry

IT industry in india has had continious growth for the past 25 years. Middle and top management is simply overpayed, because too many rely on providing cheap services.

For future, India will need to focus on quality not price.
by Rishirishi
12 Jul 2017 22:36
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 956
Views: 43953

Re: Solar energy in India

Continuing on…. Even now people are deer in head light in deep denial on what cheap solar power is going to do to the other power producers. Keep in mind that in 10 years all these solar farms are going to be fully capital cost depreciated. So then they can sell power 10 paise/kw and still make a t...
by Rishirishi
12 Jul 2017 22:13
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 3671
Views: 300486

Re: Indian Economy News & Discussion - Aug 26 2015

Petrol pump strike: Dealers protest against daily price revision, call for nationwide stir on July 5 followed by one on July 1 Also, the owners have accused companies of the lack of transparency in the daily dynamic pricing mode What transparency are these chaps seeking. Advance notification of pri...
by Rishirishi
05 Jul 2017 05:13
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1221
Views: 134827

Re: India's Power Sector

Let's do the math on this thing. 100 whr, over 24 hours ~ 2.5 kwh per day. 365 days x 2.5 ~ 1000 kwhr or 1 mwhr per residence per year. ~ Rs 6000-7000 per residence per year subsidy. Say 200 million residences. 200,000,000 x 6000 ~ Rs 120,000 Crore. Or about $ 20 Billion per year. You could restric...
by Rishirishi
03 Jul 2017 04:33
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1221
Views: 134827

Re: India's Power Sector

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 he pushed for his technology with disastrous results for BSNL's business plans f...
by Rishirishi
03 Jul 2017 04:02
Forum: Technology & Economic Forum
Topic: Mass Rapid Transit in India
Replies: 1454
Views: 85174

Re: Mass Rapid Transit in India

If you charge RS 1000 per day for using the cars, most people will not use it. If the cars are gone, the speed of buses will be faster. Also the demand of quality buses will go up. It will be possible to solve the transportaion problem in places like Delhi and Mumbai. Imagine of 2 million vehicles ...
by Rishirishi
03 Jul 2017 03:54
Forum: Technology & Economic Forum
Topic: Monitoring UP electoral promises under BJP govt in 2017
Replies: 63
Views: 8019

Re: Monitoring UP electoral promises under BJP govt in 2017

Crime rises in Yogi's UP: http://indiatoday.intoday.in/story/crime-uttar-pradesh-saharanpur-lucknow-dacoity-rape-murder/1/952186.html Uttar Pradesh has seen major reshuffle in police force since Yogi Adityanath took over as the Chief Minister of the state. Yogi Adityanath has said several times tha...
by Rishirishi
03 Jul 2017 03:07
Forum: Technology & Economic Forum
Topic: GST - Discussion on all aspects.
Replies: 403
Views: 34934

Re: GST - Discussion on all aspects.

They really could have made it simpler. Implimented a falt 15% tax on everyting,including electricity, food etc. Each Adhar card holder could have been given a credit of say RS 8 000 in the bank to compensate for the tax on essential items. Besides this all transactions above RS 25 000 should be bas...
by Rishirishi
02 Jul 2017 03:37
Forum: Technology & Economic Forum
Topic: Mass Rapid Transit in India
Replies: 1454
Views: 85174

Re: Mass Rapid Transit in India

First govt has to build vast network of convenient mode of public transport, then it can think about having similar to congestion charges. If you charge RS 1000 per day for using the cars, most people will not use it. If the cars are gone, the speed of buses will be faster. Also the demand of quali...
by Rishirishi
30 Jun 2017 02:37
Forum: Technology & Economic Forum
Topic: Mass Rapid Transit in India
Replies: 1454
Views: 85174

Re: Mass Rapid Transit in India

^^^^ That’s just a hit piece on Metros and pushing BRT systems in India which have demonstrably not worked. The only really criticism seems to be look at all the traffic disturbance during Lucknow construction. Ergo BRT is cheaper. The real world is not that simple. Even though people can’t see it ...
by Rishirishi
27 Jun 2017 03:07
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1221
Views: 134827

Re: India's Power Sector

India to add more than 1GWh of lithium-ion battery assembly capacity this year

https://www.energy-storage.news/news/india-to-add-more-than-1gwh-of-lithium-ion-battery-assembly-capacity-this-y
by Rishirishi
27 Jun 2017 02:55
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1221
Views: 134827

Re: India's Power Sector

Rishi, I simply don't think the general India population has that level of capital to invest. India will remain utilty scale Solar/Wind dominated. ------------------------------- Indian solar manufacturing is not to scale or the required automation to compete. There was a report from NRDC a few mon...
by Rishirishi
24 Jun 2017 04:36
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1221
Views: 134827

Re: India's Power Sector

Mort Saar, I’m enjoying this conversation. Yes, use the ‘Reserve Load’ term. The math says we will need at least 50% of capacity to remain Coal/Nuclear Reserve Load. The way the transmission infrastructure and regional politics are, we don’t really have a choice. So I think we may need some more of...
by Rishirishi
02 Jun 2017 03:42
Forum: Technology & Economic Forum
Topic: Mass Rapid Transit in India
Replies: 1454
Views: 85174

Re: Mass Rapid Transit in India

How is delhi Ring railway now ? is it being used at all ?
by Rishirishi
02 Jun 2017 03:39
Forum: Technology & Economic Forum
Topic: Mass Rapid Transit in India
Replies: 1454
Views: 85174

Re: Mass Rapid Transit in India

I have a metro station < 200m from my home, but after it is launched later this month, I plan to only use it as weekend joyride affair - lalbagh, cubbon park (for kids), MG Road and Chinnaswamy. They have been very clever in avoiding all the IT hotspots in Phase 1. Completely useless for daily comm...
by Rishirishi
23 May 2017 03:31
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 1855
Views: 146650

Re: Indian Railways Thread (Dec 2015)

This has nothing to do with the broken window fallacy. Is it possible that these stone pelters were paid to destroy NM's image of being a developer? Sure. Could it be that these are people who aren't getting what they feel "entitled to"? Sure. Where is the need to break windows to create ...
by Rishirishi
20 May 2017 00:54
Forum: Technology & Economic Forum
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 3671
Views: 300486

Re: Indian Economy News & Discussion - Aug 26 2015

speech by Aravind Datar on the nightmare that is India's version of GST. https://youtu.be/xGmJyxugA2E xGmJyxugA2E One thing is pointing out issues, flaws or challenges. But this duds speach is just CRAP. 1 Most countries in the world have several level of VAT/GST that is not really a great of a pro...
by Rishirishi
14 May 2017 01:46
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1221
Views: 134827

Re: India's Power Sector

^^ Environmental implications to drain the lakes completely twice over? You are better off damming a tidal basin. You must know that nett pumped-storage hydroelectricity are net consumers of energy! They are profitable by generating and selling power at peak demand. Hence the profitability is in th...
by Rishirishi
13 May 2017 04:29
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1221
Views: 134827

Re: India's Power Sector

Storage is NOT a problem. It is possible to pump up water in hydroelectric plants during oversupply and harvest it when ever required. Energy loss is acceptable. Not all HE dams are geared up for that., however one can have "lake dams" in Arravallis and in 'hills' of Kumaun specifically a...
by Rishirishi
13 May 2017 04:24
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1221
Views: 134827

Re: India's Power Sector

As India has plenty of Hydroelectic already installed, It should not be a great issue to store the electricity. But better infrastructure and power transmission will be required. If battries become cheaper, it will also be posible for households to have their own indipendent power supply sytem. The...
by Rishirishi
12 May 2017 02:13
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1221
Views: 134827

Re: India's Power Sector

There is an assured off-take and price escalation built into these capacities being put up for auction. These prices do not include battery storage and the idea is to put the power generated during the day on to the grid. Other thermal plants will carry the load at night. The other cost not taken i...
by Rishirishi
10 May 2017 03:05
Forum: Technology & Economic Forum
Topic: India's Power Sector
Replies: 1221
Views: 134827

Re: India's Power Sector

Bhadla Solar Park Gets Record Breaking All Time Low Solar Bids

Image

Enjoy :) :)

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