Today I saw more clouds than in the past days.. they were darker too. Took a few photos in the morning (around 9-9.30 am) on the way to office. Thought it might rain a bit. It did rain for a short while today afternoon, but not much.
On the way back home, I saw thick formation of clouds, darker in colour than in past days.
At this stage, it drizzled a bit. Thought it might rain heavily. But nothing of that sort happened. It continued to drizzle lightly for a short while and then stopped. Here and there, sun was visible from behind the dark clouds.
Even as the drizzle stopped, I saw a plane go towards the dark clouds... it entered the dark clouds and then disappeared from view.
Looking at the dark clouds, I thought it might rain heavily tomorrow. Let's see what happens.
Monday, June 7, 2010
Sunday, June 6, 2010
India’s credit card base has shrunk by 10 million cards
Banks pare number of credit cards to 2005-06 levels reports Mint (May 20, 2010) from 28.31 million (March 2008) to 18.31 million (March 2010) as they try to reduce the bad loans from this business.
Atlast something sensible is being done. In the last few years, sales agents chased targets - actually they chased people with request to take cards. Even if I had a card, it doesn't matter to them. Sir - why don't you have one more card? Every now and then unsolicited phone/mobile calls came, asking if we are interested in credit cards.
I wish the entire credit card industry is closed down especially for individuals (non-business people). Or atleast the RBI should stipulate some minimum age limit. It somehow gives a false sense of comfort and encourage(s) people to accumulate debt / live beyond means. It looks like a debit card is a much better option as we will try and live within our means. That means less problem for the individuals and also less problem for the banks.
Atlast something sensible is being done. In the last few years, sales agents chased targets - actually they chased people with request to take cards. Even if I had a card, it doesn't matter to them. Sir - why don't you have one more card? Every now and then unsolicited phone/mobile calls came, asking if we are interested in credit cards.
I wish the entire credit card industry is closed down especially for individuals (non-business people). Or atleast the RBI should stipulate some minimum age limit. It somehow gives a false sense of comfort and encourage(s) people to accumulate debt / live beyond means. It looks like a debit card is a much better option as we will try and live within our means. That means less problem for the individuals and also less problem for the banks.
Labels:
credit card,
debit card
Clouds have come ... can the rains be far behind - Part 8
Last night (June 5, 2010), it drizzled. It was mid-night or past mid-night ... the chillness that came through the balcony and the water carried by the breeze, woke me up.
Today (June 6, 2010), it was cloudy as I started for Andheri.
Once I reached Andheri, it rained mildly. I noticed a group of children playing on the road in Amboli (opposite to Sairam Mandir) and enjoying the rains. How sad.. I missed to snap them as my auto rickshaw sped away. I compensated this loss a little bit by taking two photos of children playing in rains, inside a residential complex, which was my next halt for the day.
The rains brought down the temperature visibly atleast in Andheri where I was at that point in time. It might rain in the coming days with increased intensity and we will know if Mumbai city is geared to welcome the rains.
Today (June 6, 2010), it was cloudy as I started for Andheri.
Once I reached Andheri, it rained mildly. I noticed a group of children playing on the road in Amboli (opposite to Sairam Mandir) and enjoying the rains. How sad.. I missed to snap them as my auto rickshaw sped away. I compensated this loss a little bit by taking two photos of children playing in rains, inside a residential complex, which was my next halt for the day.
The rains brought down the temperature visibly atleast in Andheri where I was at that point in time. It might rain in the coming days with increased intensity and we will know if Mumbai city is geared to welcome the rains.
Saturday, June 5, 2010
Finding the Naxals’ Achilles heel
Well-executed strategic principles can nullify tactical and logistical advantages that the extremists have achieved argues Raghu Raman in "Finding the Naxals’ Achilles heel" (Mint, June 3, 2010).
Excerpts from the article:
Even as there is a debate going on about which strategy to pursue - development or aggressive security operation, there comes news which says that "Naxal-hit districts perform well in rural job scheme" (Mint, June 2, 2010).
While this is happy news, there are some who question the credibility of the numbers. Mint reports that S.L. Rao, former director general of the National Council of Applied Economic Research has questioned that if there is a problem in implementation in safe areas, then it’s difficult to believe the implementation is as good in troubled, tribal areas.
The security forces need to pursue the terrorists and their sympathisers relentlessly. The government's administrative machinery should pursue their development agenda relentlessly. The faster both are done, it is better. Otherwise, we are in for serious trouble. With threat from terrorists across the border (both Pak & Bangladesh), continuous infiltration from Bangladesh resulting in changing demographics in border areas, menacing China breathing down the neck on Arunachal, the naxal threat in more than 90 districts across various States... we are in for serious trouble. If the response of India, Indian politicians and Indian media in the past is any indication, then our future appears bleak.
Excerpts from the article:
The dice seems to have been loaded in favour of the guerrillas. Since they can choose any target, the guerrillas can leverage economy of effort, surprise and shock action. The small size and mobility of their cadres allow greater flexibility and ability to concentrate and then disperse hundreds of fighters to overwhelm security forces. And since the attacks are hit-and-run in style, the guerrillas can sustain operations with lower resource drain and retain the initiative by striking at different locations according to their own timetable.
The nation needs to realize that there is no quick-fix remedy, and maintaining relentless momentum across both the military thrust and dialogue channel is the only way forward. By its very nature, the former is highly visible, while the latter is and should remain discreet until some concrete rapprochement is achieved.
Every soldier who has been in combat will testify to the “fog of war” where judgements are in error and mistakes are made. And those mistakes come in body bags. Becoming hysterical at each setback doesn’t help the morale of forces which have to go back and confront the guerrillas. It also shakes their confidence in the nation’s support to them. Endless critique of poor training and equipment only builds the guerrilla into a larger-than-life figure. This is where maintenance of morale comes in. The security forces have a tough job on their hands. The last thing they need is ambivalence of purpose or a “patrol by patrol” dissection by armchair experts.Will our media & politicians do the right thing?
Even as there is a debate going on about which strategy to pursue - development or aggressive security operation, there comes news which says that "Naxal-hit districts perform well in rural job scheme" (Mint, June 2, 2010).
While this is happy news, there are some who question the credibility of the numbers. Mint reports that S.L. Rao, former director general of the National Council of Applied Economic Research has questioned that if there is a problem in implementation in safe areas, then it’s difficult to believe the implementation is as good in troubled, tribal areas.
The security forces need to pursue the terrorists and their sympathisers relentlessly. The government's administrative machinery should pursue their development agenda relentlessly. The faster both are done, it is better. Otherwise, we are in for serious trouble. With threat from terrorists across the border (both Pak & Bangladesh), continuous infiltration from Bangladesh resulting in changing demographics in border areas, menacing China breathing down the neck on Arunachal, the naxal threat in more than 90 districts across various States... we are in for serious trouble. If the response of India, Indian politicians and Indian media in the past is any indication, then our future appears bleak.
Friday, June 4, 2010
Clouds have come ... can the rains be far behind - Part 7
Date - June 4, 2010
Even today I saw less clouds compared to the previous day(s). It was also hot in the morning and I found it tough sitting in the auto rickshaw. Whenever the auto rickshaw halted at the signal(s), due to the heat, I almost felt like getting out and running (
) to office.
I am surprised ... where have the clouds gone? Some pictures taken in the morning, on the way to office (around 8.30 am - 9 am).
Two pictures taken in the evening on the way back home.
Almost clear skies... where have the clouds gone? Will the clouds come back tomorrow?
Stereotyped messages, even in today's world!
Came across this hoarding on the way to Santa Cruz Airport. Besides appearing crude, it also appears to be a stereotyped message even in today's world.
Thursday, June 3, 2010
Bihar surges to become nation’s fastest growing cement market
Peace and prosperity go together, isn’t it?
Wednesday, June 2, 2010
Clouds have come ... can the rains be far behind - Part 5
Last night it drizzled. Today I saw more clouds and they were darker compared to the previous day(s).
Date - June 2, 2010
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