Search found 1028 matches

by Rishirishi
06 Dec 2016 02:21
Forum: Trash Can Archive
Topic: Indian Navy News & Discussion - 22 April 2015
Replies: 4211
Views: 315238

Re: Indian Navy News & Discussion - 22 April 2015

It really does not surprise me at all. Indian manager and engineers have little or no practical work experiance. They have been mugging and hardly know how to use a hammer. I am not joking, people find it hard to hang a picture. yes they will know all about ISO bla bla bla, but are totally useless w...
by Rishirishi
04 Dec 2016 05:50
Forum: Technology & Economic Forum
Topic: Indian Railways Thread (Dec 2015)
Replies: 3415
Views: 488288

Re: Indian Railways Thread (Dec 2015)

One more NFS project. http://www.livemint.com/Politics/esij3zFX7jhbmhMQIzjXIO/Indian-Railways-moves-ahead-on-Maglev-trains-project.html New Delhi: Moving ahead with the introduction of the high-speed Maglev (magnetic levitation) trains in the country, the Indian Railways has asked Rail India Techni...
by Rishirishi
04 Dec 2016 05:31
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 697230

Re: Currency Demonetisation and Future course of Indian Economy

The days are numbered for all the "proudly" tax avoiding mercantalists - when the triple whammy of GST,DeMo & Cashless hit them together going ahead. Then they have to truly emigrate to dubai or shanghai to still keep their business in cash & off the books. Or they may stay here &...
by Rishirishi
03 Dec 2016 03:25
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 697230

Re: Currency Demonetisation and Future course of Indian Economy

The real cool thing would be if Modi already has printed a mountain of Rs 500 rupee notes. After the 31st he demands back the RS 2000 notes within 4 days. After that the the mountain of Rs 500 notes are released. Guess it will be wish full thinking. In retrospective i think it would have been better...
by Rishirishi
02 Dec 2016 05:13
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 697230

Re: Currency Demonetisation and Future course of Indian Economy

Some observations. 1 Most of they old notes will come back. People with BM will sell it to people who are able to deposit it, at a discount. Hence at least 25-30% of the BM gets new owners. That is good. 2 Banking and cashless systems get a boost. 3 The rupee will loose credability. A lot of people ...
by Rishirishi
28 Nov 2016 05:21
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 697230

Re: Currency Demonetisation and Future course of Indian Economy

completely cashless is scary. All your transactions and money is then held by the banks, paytm like intermediaries or govt. Any one of them can put a limit, hold or even like various 'gift' cards cause the money to expire if not used in time. Large cash may allow for hawala and hidden transactions ...
by Rishirishi
28 Nov 2016 04:18
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 697230

Re: Currency Demonetisation and Future course of Indian Economy

For those who say cashless is not possible in India . What will happen if india did decide to go near cashless? Cut out the RS 500 and RS 000 notes. Made it mandatory to use bank transfers for all purchases over Rs 500. Made it mandatory for employers to pay wages in cash only. Do you think busines...
by Rishirishi
27 Nov 2016 06:20
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 697230

Re: Currency Demonetisation and Future course of Indian Economy

How is the situation on the ground in India now. Are the lines in banks less now ? I really hope this currency mess gets fixt fast. Poeple will start to hurt soon.
by Rishirishi
24 Nov 2016 04:58
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 697230

Re: Currency Demonetisation and Future course of Indian Economy

Modis gamble may fail. There is a lot of stress on the farmers now. Specially the vegitable farmers. The demand has radically gone down, so they have to sell their produce at a loss now. It was ok for a week, as they just did not take the vegitables to market, but now it has started to hurt. Money t...
by Rishirishi
21 Nov 2016 05:55
Forum: Military Issues & History Forum
Topic: INS Vikrant News and Discussion
Replies: 1748
Views: 140318

Re: INS Vikrant News and Discussion

^^^ http://ajaishukla.blogspot.com/2016/11/navys-second-home-built-carrier-will-be.html?m=1 "Yet, in the wake of the Uri attack, a high-level empowered committee that visited Russia for emergency purchases of military equipment bought mainly army weaponry. The admirals worry that the current f...
by Rishirishi
21 Nov 2016 05:32
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 697230

Re: Currency Demonetisation and Future course of Indian Economy

I-T search at engg college finds Rs 8cr deposited in 400 accounts Just as we discussed would happen. Some employees intimated the IT department. This should be publicized wildly as a deterrent to others trying the same trick. Modis mission is to get rid of poverty, not getting rid of the wealthy. I...
by Rishirishi
19 Nov 2016 06:09
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 697230

Re: Currency Demonetisation and Future course of Indian Economy

This must be one of the greatest political masterstrokes of the history. Modi killed black economy, made people suffer and not only got away with it, but is about to become a cult figure. People seem to take pride in the fact that they have to stand in the line. Bank emplyoees are working 13 to 14 ...
by Rishirishi
17 Nov 2016 04:47
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 697230

Re: Currency Demonetisation and Future course of Indian Economy

This must be the ulitame of Robin Hood schemes. The money horders are forced to give poor people money, so that it can be deposited in the bank. The poor may eventually end up with a lot of the cash.
by Rishirishi
17 Nov 2016 04:44
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 697230

Re: Currency Demonetisation and Future course of Indian Economy

Regarding better implementation, wouldn't any out of the ordinary steps by the govt hint something was about to happen. Printing excessive 100s, 500s? Recalibrating ATMs in advance? By design or not, the unavailability of cash is pushing people and businesses towards cash less transactions. If you ...
by Rishirishi
16 Nov 2016 05:39
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 697230

Re: Currency Demonetisation and Future course of Indian Economy

Saars, I am trying to understand why real estate price will come down with this demonetization drive. As I understand, there are two types of buyers. One who might have bought the property with considerable portion of black and the others who have done a completely white transaction (as happens wit...
by Rishirishi
09 Nov 2016 04:39
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 697230

Re: Currency Demonitisation and Future course of Indian Economy

Speculating on the value of illiquid investments is pointless. The middle class families are not putting their homes on the market en masse tomorrow. If their appraised value falls, they correspondingly pay less in property taxes. Buyers with white money benefit from lower prices. Similarly, the pr...
by Rishirishi
09 Nov 2016 02:28
Forum: Technology & Economic Forum
Topic: Currency Demonetisation and Future course of Indian Economy
Replies: 7852
Views: 697230

Re: Currency Demonitisation and Future course of Indian Economy

Effects on politics 1 All black cash holdings (billions are wiped out) 2 It will become impossible to raise money by selling property, as no one will have the cash to pay black. Property will be hard to sell white, as cash will be in high demand. 3 It will be very hard to rasie funds from abroad, a...
by Rishirishi
07 Nov 2016 06:02
Forum: Military Issues Archive
Topic: 'Make in India' Single engined fighter
Replies: 5425
Views: 604806

Re: 'Make in India' Single engined fighter

Go for Gripen NG on the condition that India gets to purchase 50% of SAAB and the new company develop the medium fighter together in future. Sweden may just accept the offer. It does not have many choices.
by Rishirishi
02 Nov 2016 05:12
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 1018
Views: 88810

Re: Solar energy in India

It is the selected bid, where 3 other bidders were close. I am starting to wonder if you are some kind of Nuclear/fossile fuel advocate. :shock: :shock: That 13% efficiency you keep on talking about has nothing to do with this. Face it. Solar power is cheaper. Efficiency has everything to do with c...
by Rishirishi
01 Nov 2016 05:10
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 1018
Views: 88810

Re: Solar energy in India

Solar power supplied at 2,42 cents KWh. or RS 1,54 per unit. For coal and gas the price is arround 5 to 6 cents per KWh 3 to 4 times the price. http://fortune.com/2016/09/19/world-record-solar-price-abu-dhabi/ I feel any further discussions should be backed up by facts. That's just a bid and not ac...
by Rishirishi
31 Oct 2016 06:13
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 1018
Views: 88810

Re: Solar energy in India

Solar power supplied at 2,42 cents KWh. or RS 1,54 per unit. For coal and gas the price is arround 5 to 6 cents per KWh 3 to 4 times the price.
http://fortune.com/2016/09/19/world-rec ... abu-dhabi/

I feel any further discussions should be backed up by facts.
by Rishirishi
29 Oct 2016 23:02
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 1018
Views: 88810

Re: Solar energy in India

^^^India's total energy needs for power alone can NOT be met by solar. Natural gas and nuclear should provide the base load, solar will provide the peak load. We can argue all day about this, but solar will never become the predominant energy source in India or anywhere else in the world until PVs ...
by Rishirishi
28 Oct 2016 06:07
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 1018
Views: 88810

Re: Solar energy in India

[quote=Rishirishi] No you do not need coal backup. A mix of wind, hydro and hydro storate will do the trick. Please do research before making blunt statements. It is a fact that the cheapest electricity supply contract ever so far is solar. Also round trip loss of pumping water in hydro electric da...
by Rishirishi
27 Oct 2016 04:53
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 1018
Views: 88810

Re: Solar energy in India

CSP - gas/steam turbo power generation by day, CAES powered-coal heated, gas turbo by night, or no-sun period. Cheaper, proven and reliable. Do you understand logic and maths? The power needs of the country is usually the same throughout the day with very little noticeable variation. That is, if in...
by Rishirishi
27 Oct 2016 04:44
Forum: Technology & Economic Forum
Topic: Electric vehicle and power storage
Replies: 62
Views: 5387

Re: Electric vehicle and power storage

^^ You mean USD 6.55 per KwH? Installation cost of a solar panel including the solar panel is $5-6 per watt DC. So if you are installing a 5 KW DC system., it is anyway between 25k to 30k USD. The warranty is for 25 years. In US., home construction is of wood and the roof is a basically a plywood o...
by Rishirishi
26 Oct 2016 04:24
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 1018
Views: 88810

Re: Solar energy in India

The average output of PV Solar will be around 12-16% per annum of its Gross Capacity. Power production is max for 6-7 hours a day. If we add thermal solar, energy storage, on shore wind, offshore wind and better transmission to the mix to get 24 hours power production then cost trebles and fossil f...
by Rishirishi
26 Oct 2016 04:21
Forum: Technology & Economic Forum
Topic: Solar energy in India
Replies: 1018
Views: 88810

Re: Solar energy in India

Gyan wrote:It seems that Modi is more into Renewables rather than accelerating Indian Indigenous PHWRs.


That is becase renewables are safer and better for the environment. But above all, it is the cheapest alternative also.
by Rishirishi
26 Oct 2016 04:15
Forum: Technology & Economic Forum
Topic: Electric vehicle and power storage
Replies: 62
Views: 5387

Re: Electric vehicle and power storage

According to my calculations, it should be possible to get the price down to 6,55 Us cents per Kwh for a full battery backup solution.
This is if you purchase the system in India.

Assumptions:
Writedown is 10 years
Interest rate is 7%
cost of battery storage is 150 USD per Kwh
by Rishirishi
26 Oct 2016 04:02
Forum: Technology & Economic Forum
Topic: Electric vehicle and power storage
Replies: 62
Views: 5387

Re: Electric vehicle and power storage

Maybe purchasing solar panels from India could be a solution.
https://www.bijlibachao.com/solar/solar ... india.html

Ikea will start to sell the solar systems soon. once we reach economies of scale, i think majority people will choose to go off grid in CA unless they drop the prices.
by Rishirishi
19 Oct 2016 05:37
Forum: Technology & Economic Forum
Topic: Oil & Natural Gas: News & Discussion
Replies: 1484
Views: 211588

Re: Oil & Natural Gas: News & Discussion

How Russia’s Rosneft outsmarted Saudi Arabia and Iran to buy Essar’s Vadinar refinery A $13 billion deal involving Russia in India threatens to weaken the grip of Middle East crude suppliers in the world’s fastest growing oil market. Rosneft PJSC is part of a group of investors that beat suitors fr...
by Rishirishi
18 Oct 2016 01:44
Forum: Military Issues & History Forum
Topic: Indian Nuclear Submarines -3
Replies: 1431
Views: 188069

Re: INS Arihant (ATV) News and Discussion -3

Nice..so the second and third Arihants are already getting ready. Who knows by 2020 we may actually have half a dozen nuke subs prowling about. I think the ideal number is 4. 1 is always on doc for supplies and 3 others are out sailing. sometimes 1 may be taken out for a longer time. In that case o...
by Rishirishi
17 Oct 2016 04:40
Forum: Trash Can Archive
Topic: Indian Economy News & Discussion - Aug 26 2015
Replies: 4573
Views: 549090

Re: Indian Economy News & Discussion - Aug 26 2015

Has anyone flown AI lately?? the company needs to be re-branded and come under new management.
by Rishirishi
17 Oct 2016 04:36
Forum: Technology & Economic Forum
Topic: Electric vehicle and power storage
Replies: 62
Views: 5387

Re: Electric vehicle and power storage

Using thermal solar energy plants and electric cars, takes out fossil fuels completely out of loop but running costs would be to 2-4 times more then conventional fuel chain. PV solar energy already cheaper. Hence Fossil fuels is already out. The current problem is Battery costs. They are said to be...
by Rishirishi
16 Oct 2016 02:59
Forum: Technology & Economic Forum
Topic: Electric vehicle and power storage
Replies: 62
Views: 5387

Re: Electric vehicle and power storage

The main problem tesla is working on solving is energy density ( weight of batteries ) and time to charge the batteries upto 75-80% ( 250 mile range) quickly via super-charger network. For India :- 1. You can't simply carry that much dead weight in autos/two wheelers around. It simply doesn't work ...
by Rishirishi
14 Oct 2016 03:28
Forum: Technology & Economic Forum
Topic: Electric vehicle and power storage
Replies: 62
Views: 5387

Re: Electric vehicle and power storage

Cost of home PV system per KW seems to be Rs 38 000 per Kwh http://www.bijlibachao.com/solar/solar-panel-cell-cost-price-list-in-india.html Let us assume the lifetime for this system is 15 years. The EMI per month is RS 481 at 13% interest rate. The system will give 10Kwh per day for 30 days hence 3...
by Rishirishi
14 Oct 2016 02:47
Forum: Technology & Economic Forum
Topic: Electric vehicle and power storage
Replies: 62
Views: 5387

Re: Electric vehicle and power storage

PV producers are setting up power plants with as low cost as 3 cents per KW or Rs 2 per Kwh. Let us assume that the battery lasts 15 years (5475 days). Let us assume that the cost of battery is USD 150 Per kwh. (Rs 9600) Now if we divide RS 9600 on the 5475 days we get a cost per Kwh of RS 1.7 Rs 2 ...
by Rishirishi
14 Oct 2016 02:28
Forum: Technology & Economic Forum
Topic: Electric vehicle and power storage
Replies: 62
Views: 5387

Re: Electric vehicle and power storage

Right now it is not that cheap to run the electric car if the gas prices stay at $2.50 or so per US Gallon. I have Chevrolet Volt. It has both battery (about 53 miles on it) and a small gasoline engine with 8 gallons or so capacity. My Volt gives me about 3 miles per unit. Unit cost for me is on av...
by Rishirishi
14 Oct 2016 02:20
Forum: Technology & Economic Forum
Topic: Electric vehicle and power storage
Replies: 62
Views: 5387

Re: Electric vehicle and power storage

1 The car battery will typically lose the ability to charge and only hold about 50% after 200K km. 2 We do not need ISRO. Panasonic and LG chem are the global leaders here. The requirement is of raw materials to produce the battery. Lithium prices has dropped from a peek of 80 dollars per KG to 12 d...

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