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Showing posts with the label India

Elephant in the Room-General Elections, reduce GDP(Gas,Diesel,Petrol)prices to boost GDP!!!

  Elections, particularly in India, can indeed have an impact on its economy, including liquidity and inflation. During election periods, State governments of India often increase spending to buttress their election campaign and implement populist measures to attract voters. However this GOI has eschewed its temptation to loosen its purse strings. However it has increased its Capex infra projects which can generate assets and have a trickle down effect in the income of the people. But this increased government spending at State levels can potentially lead to higher liquidity in the financial system. If the increased liquidity is not matched by an increase in productivity or economic growth, it can potentially lead to inflationary pressures. In such situations, central banks like the Reserve Bank of India (RBI) might need to adopt tight liquidity management policies to rein in inflation. Tight liquidity management involves reducing the money supply in the economy by selling governme...

RCEP and India

 Regional Comprehensive Economic Partnership (RCEP) is the economic alliance formed with China and other 14 countries primarily from Asia recently but including  non Asian countreis like australia, New Zealand. India was said to have entered into this economic pact and was negotiating for its membership, but withdrew later when it rightly found that this trade partnership would only benefit other countries but not its interests. Maybe in the long run India would have to enter this trade pact but certainly not at this time when China's hegemony is strangling many of the Asian and African countries. With many of the other Asian countries India already has a free trade pact except China. China is a net exporting country to India and therefore any free trade pact removing the tariff barriers would only directly and indirectly benefit China. Let us look at the specific pros and cons to RCEP: Pros 1)The purpose of RCEP was to make it easier for products and services,investments, int...

US, India and Kamala!

 Independence day in India is always a grand event as it happens on August 15th of the year. A year has 365 days and if you have a cut off at Aug 15th ,it is 227 days into the year starting from Jan 1st..This is approx 1.66:1 of the year. That is the Golden Ratio which is supposed to be a mystic proportion of anything including the picture of Mona Lisa ,and that is considered to have made it magically beautiful. That apart, Indian Independence day this year was preceded by the announcement of Kamala Harris as the running mate of the US democratic presidential candidate Biden. Kamala Harris' mother was of Indian origin from Chennai. She carries the name Kamala which is a traditional Sanskrit name for Lotus flower. Indian ruling party BJP has Lotus symbol as its primary identity. The moot point is , the common least denominator between the ruling party of india and US politician Kamala ,is the Lotus . In many ways, Lotus i.e Kamal is very dear to india and it is the official flower o...

Covid, Cricket and Character!

 Cricket has weathered many a winter and smothered many a vagary as a gentleman's game. Cricket was played during Spanish flu times also and UK's Wisden has not recorded any disruption in the progress of the cricket season in 1918 and 1919. But Cricket was severely restricted during World war 1 when all the major cricket playing nations were involved in the war.Cricket was also played less during World War II since England was involved in the war in full measure. But during all these periods of distress, Cricket was played in India with the least disruptions. In fact, Wisden which has recorded death of English cricketers during World War 1 and 2 in all cricket playing nations , has not even mentioned one indian cricketer dying during Spanish flu days.This has to be seen in the light of total death toll of 17 million who died in india during Spanish flu years. So even in 1918 and during World wars everybody around the world believed that India could somehow manage and survive hu...

We are born without locks!

Whenever any discussion happens on the human mental states, usually the discussion starts with Sigmund Freud. His Id, Ego and Alterego interpretations of the human mind in both conscious and subconscious levels have been the subject matter of debate throughout the world. If you construct a matrix grid with Child, Parent and Adult ego states of Eric Berne's Transactional Analysis of social behaviours exhibited by human beings,  blended with Freud's human personality types of psycho analysis , then the two-axis grid will present what Eric Berne envisaged. However, I went one step further and tried to blend the basic gunas as outlined by the Indian philosophy of yonder: Sattva, Rajas and Tamas. The complex matrix will be like the above. According to me the middle axis of a combination of Ego, Parent and Rajas will give a stability to the human life and existence through the ages. It is Sattva which will primarily drive the Adult behaviour and bear on the Alterego for the so...

Calendar, vaccination ,algebra etc. and India's contribution acknowledged ?

Antikythera mechanism and modern computer. Many scientists who have worked on studying Greek's antikythera mechanism which was found in a shipwreck in early twentieth century, to be precise 1901, is considered as the world's first analogue computer.. This was used to predict the astronomical events, transits, eclipses and other planetary positions well ahead of their occurences and used for astrological purposes even decades in advance. There are some confusions as to whether it used Greek astronomy, Egypt astronomy or Rhodes' astronomy where Archimedes lived. The twelve months given in that machine carry the Greek names but has equivalent Egyptian names also. The research on this first computer has not yet concluded, even though the machine itself has disintegrated over a period of time from the time it was discovered under the sea. But in India from time immemorial , astronomy has been studied by great sages and used for astrological purposes. The Hindu priest cla...

Bacteriophages, Ganges and MIT on fasting.

In 1896, Ernest Hanbury Hankin, a British Bacteriologist, Chemist, came out with a fi nding that the Indian rivers, Ganges and Jamuna could actually restrict the outbreak of cholera a nd in fact the waters could destroy the Cholera bacteria. He was the first to detect the bacteriophage activity and its presence in the river waters of Ganges and Jamuna. A startling discovery when the whole world was saying the river waters of Ganges were the most polluted. link . In his own words "It is seen that the unboiled water of the Ganges kills the cholera germ in less than 3 hours. The same water, when boiled, does not have the same effect. On the other hand, well water is a good medium for this microbe, whether boiled or filtered." This was mentioned even by Mark Twain in his More Tramps Abroad. Recently microbiology researchers from Chandigarh's I n stitute of Microbial Technology (IMTECH), studied the healing properties of Ganges water at its upper reaches and found bacter...