Pertinent Observations

Archive for October, 2006

28 Oct

92122

An extremely pathetic attempt at writing a really short story
When the bad patch in the relationship finally came to an end, they decided not to bury the ghost. Instead, they cremated it and inhaled the fumes. The ashes were used to lend strength to the foundation for the next phase of the relationship. By making [...]

18 Oct

chess…

Dear Indian Mainstream Media,
You owe us chess lovers an explanation as to why you haven’t covered the Topalov-Kramnik unification match at all. Save the odd report regarding the toilet controversy, there has been absolutely no mention about the match in the Indian print media, and this behavior is totally unacceptable.
You should visit any of these [...]

14 Oct

The Grameen Bank and Indian Microfinance

It is refreshing that this year?s Nobel Peace Prize has gone to Dr. Mohammed Younus and the Grameen Bank. With the last few Nobel Peace Prizes having gone largely to diplomats, giving the prize to an institution in an underdeveloped country which has taken development to the masses is a welcome change.

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09 Oct

interest rates derivatives revisited…

so my favorite topic of interest rate swaps has made front page news today (in the Business Standard). apparently the food corporation of india (FCI) entered into a swap with Barclays in which FCI received fixed and paid an interest rate linked to the yield on Indian GSecs. now it so happens that reverse repo [...]

06 Oct

a few kannada movie titles with translations…

A
Z
AK47 – automatic kalashnikov whatever…
om – how do i translate this?
ssshhhhhhhhh? – a strange sound of silence or whatever…
swastik (the symbol, not the words) – no translation
huchcha – madman
namma basava – our bull
appu – baby elephant
thaayi kotta seere – the sari that mother gave
karulina koogu – the cry of the uterus womb (thanks AHP for [...]

03 Oct

creamy layers…

so the aptly named “oversight committee” is out with it’s report. as expected, it calls for phased reservation. and as expected, there is no mention of the “creamy layer”.
there has been no hue and cry yet about the creamy layer, but there might be. however, implementing it is virtually impossible. for a start, a “creamy [...]

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