Search found 1661 matches

by Bart S
28 Nov 2016 00:52
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

Some days back many debit card accounts were compromised and cards were reissued. It would be informative if anyone over here who may have been affected by fraud through that and can describe how the whole incident was handled by bank authorities. For example, let us say one ended up seeing few tho...
by Bart S
28 Nov 2016 00:31
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

The new committee under Kant will identify and operationalise in the earliest possible timeframe user-friendly digital payment options in all sectors of the economy, an official statement said. :roll: The old adage that a camel is a horse designed by committee comes to mind. By the time these fuddy...
by Bart S
28 Nov 2016 00:21
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

I already had Paytm. Have used it a few times. Very smooth experience. Installed pockets today. The process was very quick as I have ICICI account. Have loaded a token Rs100. Where can I use Pocket? You can use it as a UPI app, also to make utility payments, phone recharges etc. And of course, you ...
by Bart S
27 Nov 2016 23:03
Forum: Military Issues & History Forum
Topic: India Border Watch: Security and Operations
Replies: 3324
Views: 512135

Re: India Border Watch: Security and Operations

https://www.youtube.com/watch?v=T2iJoyEcII4 An explanation from the Paki perspective of where their weaknesses lie vs India on the border, and explains the compulsions that probably make them call our DGMO and run whining to the P5. I still don't understand the logic on our side though, surely our m...
by Bart S
27 Nov 2016 22:33
Forum: Strategic Issues & International Relations Forum
Topic: Castro RIP -Cuba,what next?
Replies: 56
Views: 5076

Re: Castro RIP -Cuba,what next?

This commie worship needs to end now. Last I checked USA practically invented everything the world is using. From airplanes to internet. It's easy to sit in the slums of Mumbai and type Lyndon B (B for bast*rd) Johnson. Another to say it to any American because they kick butt. Communism is defeated...
by Bart S
27 Nov 2016 21:18
Forum: Strategic Issues & International Relations Forum
Topic: Castro RIP -Cuba,what next?
Replies: 56
Views: 5076

Re: Castro RIP -Cuba,what next?

The world has moved on. We are dealing with Americans from a vastly different position, as their own racism has ebbed, not counting the huge number of Indian-Americans in the US administration. It was very different 40 years ago. The problem that India faced with America in the 40s and 50s is that ...
by Bart S
27 Nov 2016 20:23
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

An SBI account is useful to have, but for day to day banking the private banks are much better. SBI is useful really when you want a car loan or a home loan - they are much more fair and have better rates than private banks for those.
by Bart S
27 Nov 2016 19:35
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

Those who wish not to use card can try UPI based apps of banks. Spot on, it is free, and it is instant. It is also secure. And you as a vendor or payee can raise a bill or payment request to someone else, making it easier. There are already useful features built into apps like scanning barcodes in ...
by Bart S
27 Nov 2016 19:16
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

also, SBI is doing a yeoman job, despite all its GOI triplicate sign, xerox rules of getting money & handling customers. the tellers are overworked, showing huge signs of stress, but doing their bit. in contrast, almost all private bank ATMs i saw were locked up or shut down. if they are gettin...
by Bart S
27 Nov 2016 19:11
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

Thanks for this post. I am surprised that many of the Rakshaks here seem to live in a bubble where everything is white, no black, no bribes, everyone accepts cards & paytm, even rickshaw walas and porters. I am stunned by some of the posts and wonder if I live in an altogether different country...
by Bart S
27 Nov 2016 15:05
Forum: Strategic Issues & International Relations Forum
Topic: Castro RIP -Cuba,what next?
Replies: 56
Views: 5076

Re: Castro RIP -Cuba,what next?

Communism is a failed ideology but one can't deny that most major communist leaders in the world were nationalists and patriots. India has the singular misfortune of having communists who were basically traitors/anti-nationals almost by definition. There is really no comparison between Indian commun...
by Bart S
27 Nov 2016 12:46
Forum: Trash Can Archive
Topic: Understanding the United States of America (USA) - IV
Replies: 929
Views: 73184

Re: Understanding the United States of America (USA) - IV

Like Talibunnies, Haqqanis and Sharifs there are both good suar and bad suar in Porkistan. The above videos show the bad suar hunting the good suar.
by Bart S
27 Nov 2016 12:37
Forum: Strategic Issues & International Relations Forum
Topic: Castro RIP -Cuba,what next?
Replies: 56
Views: 5076

Re: Castro RIP -Cuba,what next?

Manish_Sharma wrote:
Indaruta wrote:Good riddance , Hell has special place reserved for him along with the likes of Stalin,Kim jong, Mao,Nehru and Gandhi.


funny you don't name nikson, reagan..


And the biggest of them all, as far as India is concerned: Churchill
by Bart S
26 Nov 2016 01:32
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

PS: Also, could someone clarify if Pockets requires an ICICI account - I have an icici ac and wasn't asked to link it... Pockets is a wallet just like paytm, made by ICICI. It works really well with an ICICI account but doesn't need one. It is a standalone app backed by ICICI. You can create your V...
by Bart S
26 Nov 2016 00:27
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

Sorry to be asking a dumb question, but how is one supposed to use UPI? Is there an app? http://www.npci.org.in/UPI_Background.aspx http://www.firstpost.com/business/demonetisation-puts-focus-on-npcis-upi-key-facts-you-need-to-know-about-the-product-3120918.html If your bank does not have a UPI app...
by Bart S
25 Nov 2016 21:59
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

Also, passport verification is not required for renewals if within the same city as the passport being renewed. Don't think so that is the case. They now have a Pre-verification and Post-verification issue of passports. If renewal happens using the same address (as of the earlier passport), passpor...
by Bart S
25 Nov 2016 18:59
Forum: Strategic Issues & International Relations Forum
Topic: Indus Water Treaty
Replies: 3153
Views: 397347

Re: Indus Water Treaty

yes..water from sutlej does flow into Pakistan. we often dont dry it completely before it flows into pakistan... It is a sorry state of affairs at the state level. Politicians from Punjab seem to be happier to let water go to TSP than to Haryana. 70 years of divide and rule by brown sahibs has trul...
by Bart S
25 Nov 2016 18:55
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

today i went to deposit Rs 1L in my citibank savings a/c with PAN card.they refused to accept the deposit and said can only deposit Rs 49000 with PAN card..for more then 50K bring address proof !! yesterday deposited Rs 67K in my better halfs a/c with just PAN card in HDFC Bank!! the citibank manag...
by Bart S
25 Nov 2016 18:00
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

Also, passport verification is not required for renewals if within the same city as the passport being renewed. The postman who delivers the passports also sometimes ask for a bribe, but there it is more like a tip than any threat because your passport is already issued and if they mess with it ther...
by Bart S
25 Nov 2016 16:04
Forum: Trash Can Archive
Topic: Sunni Terrorist Fragments of Unstable Pakistan- November 7, 2016
Replies: 2857
Views: 373861

Re: Sunni Terrorist Fragments of Unstable Pakistan- November 7, 2016

SSji, Another strange statement Raheel Shariff has made yesterday in one of his farewell tour stops - "I hope relationship between army and the nation continues even after I retire". wut? Makes perfect sense onlee. The army is like the parasite feeding off it's host. Not for nothing is Pa...
by Bart S
25 Nov 2016 15:58
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

Buddy let me call you out. Will the consumer stop going to a cash only restaurant? Yes. Never been to restaurant that doesn't accept debit/credit cards. A cash only retailer? Yes. Cash transaction were limited to sub-100 groceries till last month. Stopped altogether now. Will govt officers stop dem...
by Bart S
25 Nov 2016 15:56
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

online payments, particularly by street and petty vendors are a feel good story right now. There aren't enough numbers to signify a tipping point which is what is needed. Not yet anyway. Early days. Yesterday, I hailed an auto,in old Pune. The driver asked "you have change?" to which i re...
by Bart S
25 Nov 2016 00:54
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

sudeepj wrote:Modi talked about this recently at the time of demonetization.. This should happen relatively soon if a big party such as Didi Congress supports it.


They aren't really supporting it. They just brought it up as a threat to try and roll back demonetization.
by Bart S
24 Nov 2016 22:33
Forum: Trash Can Archive
Topic: Pakistan arms sales, ops, doctrine, etc
Replies: 3094
Views: 241554

Re: Pakistan arms sales, ops, doctrine, etc

'We Are Not Worried About India At All', Says Pakistan's Air Force Chief


:rotfl:

Sure, all this loudmouthed bravado is because you aren't worried :twisted:
by Bart S
24 Nov 2016 20:08
Forum: Military Issues Archive
Topic: 'Make in India' Single engined fighter
Replies: 5425
Views: 618007

Re: 'Make in India' Single engined fighter

The Mig 29 is also a 40+ year old design, yet the same people who scoff at the F16 keep saying it is a good idea to for India to buy more.
by Bart S
24 Nov 2016 19:57
Forum: Trash Can Archive
Topic: Understanding the United States of America (USA) - IV
Replies: 929
Views: 73184

Re: Understanding the United States of America (USA) - IV

Nothing new or remarkable about this, people have been changing animals (and for that matter vegetables see http://www.dailymail.co.uk/sciencetech/article-3428689/What-fruit-vegetables-look-like-Researchers-banana-watermelon-changed-dramatically-ancestors-ate-them.html) since the dawn of civilizatio...
by Bart S
24 Nov 2016 10:10
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

Cutting deposit rates but not lending rate yet could mean banks want people to spend money instead of saving them or they want to earn as much as they can through interest rate spread for past losses from write offs etc. They may use this ploy to offset their NPA losses (without obviously appearing...
by Bart S
24 Nov 2016 10:08
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

The Indian government as we know it has elements of corruption at all levels. Is it not counterproductive to confiscate more and more capital from small businessmen and feed it to this entity, which will allocate it inefficiently or otherwise squander it on renting treadmills for Rs.32,000 per day?...
by Bart S
24 Nov 2016 09:59
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

I think 2k notes are stop-gap. I doubt they will make it widespread. Once the currency exchange issue is resolved, there really is no need to print any more 2k notes. My best guess is Rs 500 note will be the biggest denomination. 2k might just be to do exchange more efficiently at this time. I agre...
by Bart S
23 Nov 2016 23:04
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

Fully organized economy is still a Western concept. Without black money, there will be no Indian style marriages, you can expect registered marriages, no dowry, no Dipavali, no dassara, no sankranti, no holi, no ugaadi, no pushkara snanams, even pooja would be expensive, no offering of flowers, no ...
by Bart S
23 Nov 2016 22:59
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

Girija, a Marathi cuisine restaurant with 3 branches has decided to scoff and snub current efforts and show the middle finger in a visible act of defiance by prominently displaying signs that say " kuthlehi credit/debit card aamhi swikaarat nahi " - we don't accept any credit or debit car...
by Bart S
23 Nov 2016 22:52
Forum: Trash Can Archive
Topic: Sunni Terrorist Fragments of Unstable Pakistan- November 7, 2016
Replies: 2857
Views: 373861

Re: Sunni Terrorist Fragments of Unstable Pakistan- November 7, 2016



If you are going to obfuscate the URL, please at least mention the source/website so that we can decide if we want to click it or not.
by Bart S
23 Nov 2016 13:57
Forum: Military Issues & History Forum
Topic: India Border Watch: Security and Operations
Replies: 3324
Views: 512135

Re: India Border Watch: Security and Operations

Surprise mostly. The Pakis are the one who choose the time and the place. Some of their effort will succeed just for that reason. That is just the nature of the game. Which is why out approach needs to change from being reactive to proactive. We need to reconcile with the fact that they will never ...
by Bart S
23 Nov 2016 13:27
Forum: Technology & Economic Forum
Topic: Perspectives on the global economic changes
Replies: 4274
Views: 265594

Re: Perspectives on the global economic changes

Brexit vote wiped $1.5tn off UK household wealth in 2016, says report https://www.theguardian.com/business/2016/nov/22/brexit-vote-uk-household-wealth-credit-suisse?CMP=twt_gu UQ was trying to artificially maintain GDP higher than India . 1.2 Trillion Pounds is 45% of the last stated GDP. They are ...
by Bart S
22 Nov 2016 16:19
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

Everyone uses the roads, uses the electricity grid, discards garbage, uses water etc. All this maintained using our taxes. Pay the tax and stop complaining. Sure but that is making a stand purely based on principles and thats great. But thats not practical. There are elections to be won. Weddings t...
by Bart S
22 Nov 2016 14:28
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

hanumadu wrote: A very careful relative of mine buys property only if the seller has 30 year link documents (whatever those are).


If buying on a loan, the bank will check that first, regardless of whether he is very careful or not :mrgreen:

It's par for the course for most apartment sales at least.
by Bart S
21 Nov 2016 22:38
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

Who is Ashish Agarwal of Nagpur? Photos circulating of huge stacks of currency notes seized at his home and office: 13,000 CRORE, considered the biggest BM haul ever in India. Sonia and Jayalalithaa must be getting old, allowing this guy to surpass them? If there is a genuine haul that big, it will...
by Bart S
21 Nov 2016 22:31
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 709848

Re: Currency Demonetisation and Future course of Indian Economy

chetak wrote:Image



Great to see that the exchange component is relatively small.

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