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Showing posts from 2015

How to read Murder Mystery

Heya Reader, I know just like you guys I am having difficulty in following up with my work. So, I am putting all the links at one place  for convenience. Chapter 1 http://downtoearthoops.blogspot.in/2015/06/murder-mayhem-part-1.html Chapter 2 http://downtoearthoops.blogspot.in/2015/06/murder-mayhem-part-2.html Chapter 3 http://downtoearthoops.blogspot.in/2015/07/murder-mayhem-part-3.html Chapter 4 http://downtoearthoops.blogspot.in/2015/07/the-coma-part-1.html Chapter 5 http://downtoearthoops.blogspot.in/2015/07/the-coma-part-2.html Chapter 6 http://downtoearthoops.blogspot.in/2015/12/somewhere-not-so-far-from-there.html

Murder Mystery Part 6

Somewhere, not so far from there the investigation team up was closing into the spot. Kadam had worked hard to send everyone off to their houses, he still had the remains of the cigarette, which he was puffing about half an hour ago. He could still feel his spines chilling whenever for a second, his mind drifted to the thought of  lingering thoughts  of the girl who was still hanging lifelessly with the help of a chain. “Can that guy be Vishal, whom he was looking for. For the first time in the day he thought of Vishal. He had no photograph, so he couldn't think of any reason of who he was. If he was not Vishal then what was this guy doing there, however if he was Vishal then what on the earth happened here.” Kadam was talking to himself when Pandey approached him in the dark. “Pandey ji, Arre sare reporters Chale Gaye kya?” asked Kadam. “Saab, wo to sab nikal gaye thodi der pehle. Hukum, ek  sawal puche ke, Aaj ye sab kya ho Gaya, wo ladka bhi nahi Mila ”, even before Ka

A Brief History of Public Debt in India

Towards the eighteenth century, the borrowing needs of Indian Princely States were largely met by Indigenous bankers and financiers. The concept of borrowing from the public in India was pioneered by the East India Company to finance its campaigns in South India (the Anglo-French wars) in the eighteenth century. The debt owed by the Government to the public, over time, came to be known as public debt. The endeavours of the Company to establish government banks towards the end of the 18th Century owed in no small measure to the need to raise term and short term financial accommodation from banks on more satisfactory terms than they were able to garner on their own. The incentive to set up Government banks (read central banks), had a lot to do with debt management. Public Debt, today, is raised to meet the Governments revenue deficits (the difference between the income of the government and money spent to run the government) or to finance public works (capital formation). Borrowing for

Was Ravana really evil when compared to today's men?

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Today on the day of Dushera when I passed an effigy of Ravana I wondered, "Was this guy really such a badass that people have to burn him every year? Was the nuisance he created this bad that he has to suffer year after year? What kind of justice is that"? Last time I heard a person got 2 consecutive life sentences for killing 11 people.  Going back into the era of Ramayana, Ravana kidnapped Sita. But, we also know Sita was beautiful. People eve-tease and stalk everyday. However, when he took her to Lanka he did no harm to her. In fact, he kept her safe at Ashok Vakita. He never harmed her apart from keeping her away from her lover. This is no crime, families do it all the day these days. So, how bad is Ravana as compared to today's men? I think todays' men are in a worst state than he was and the kind of mockery his he subjected too is too much. Compared to a time now when a man rapes a girl, teases her, stalks her, throws acid on her face, molests her,  a

The best story about randomly meeting a celebrity and not recognizing him.

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I can't recall Public figures, apart from someone whom I love the most. Also, I used to be a small town boy until I moved to Delhi, back in 2013, with no prior experience of Flight or ever meeting a real-life celebrity (apart from few politicians). In the same year, my elder brother got admitted in JGLS. He was crazy about photography back then. Many college students must have heard about Channel V fest. In 2014, it was sponsored by Nokia. Long story short, my brother won it and he got a brand new Nokia Lumia 1020 with a trip to Goa for two days. So, all of a sudden on 4th of Feb he called me and said, "you are coming to Goa with me".  First thing which I said was, "Stop messing with me" He said, " I won a competition and they are offering all paid trip to Goa and you will get to board a flight". All I could say now was "okay". So, the day of awesomeness arrived, it was the 7th of Feb, the day of my first flight. We reached IGI airport early

Can India really survive in Capitalism?

For Capitalism as a system to thrive needs a proper transition. Here, we are divided on the basis of systems. Both Feudalism and capitalism are prevailing simultaneously at the same time. This is proving to be the biggest hurdle which we are d facing. Talking about labour, Capitalism needs discipline whereas we have a feudal work ethos where Leisure is given more value than work. Also, as there had been no actual transformation (on its own) this imposed Capitalism seems alien to our people. According to me, it is doing more harm than good. Consider this, Jharkhand is a poor state and the mere presence of Big corporate houses is giving an incentive for the people to update their lifestyle to a certain standard and for maintaining that lifestyle they are actually selling their lands for getting few branded shirts, jeans and bikes. This would not have been there when there would have been a formal transition. To sum it up, all I would say is Europe earned Capitalist society and for us

Angus Deaton: What you need to know

Angus Deaton is a Scottish-born, Cambridge-bred Economist. He is the 2015 recipient of   The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2015. He has done some seminal works in the field of Microeconomics, Consumption, Welfare and poverty.   In 1978 Deaton became the first recipient of the Frisch Medal, an award given by the Econometric Society every two years for an applied paper published within the past five years in  Econometrica . Deaton is a fellow of the Econometric Society, a corresponding fellow of the British Academy, and a fellow of the American Academy of Arts and Sciences. In April 2014, he was elected to the American Philosophical Society. He holds honorary degrees from the University of Rome, Tor Vergata, University College London, and the University of St. Andrews. In 2007, he was elected president of the American Economic Association. He won the 2011 BBVA Foundation Frontiers of Knowledge Award of Economics, Finance and Management for his fu

MARX AND MARRIAGE

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The union of a man and a woman, recognised by the society or ceremony is as old as the human civilization itself and marriage of any kind is seen in all the human societies. But, over time the marriage has taken different forms and has evolved as a living being right from its basic meaning for its purpose. Throughout the globe, there are many forms of marriage that are still prevalent in the society, but in this particular work my focus will be the gradual shift in the perception of marriage, from producing an heir to the era of love marriage. For this, I will use Marx's Theory of Social Evolution and then I will put emphasis on the kind of marriage which was prevalent in the period.             Marx's Theory of Social Formation divides the human society into 5 stages, These are the stages which human society has passed or will see in the future. These stages are basically based on the Production Relations (ownership of the resource) and Social Productive Forces (M

Nobel Prize for 2015

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Every year in October, Nobel foundation announces the list of few great minds who made an impact into the world. They were successful in imparting their names on the sands of time, they were able to make a change in the society and thus made it a better place to live in. We as mortal humans must stand by them with they receive this greatest honor for making a history. Let's have a look at the Nobel laureates for the year 2015. The Nobel Prize in Physics 2015 The Nobel Prize in Physics 2015 was awarded jointly to Takaaki Kajita and Arthur B. McDonald  "for the discovery of neutrino oscillations, which shows that neutrinos have mass " Takaaki Kajita, Arthur B. McDonald The Nobel Prize in Chemistry 2015 The Nobel Prize in Chemistry 2015 was awarded jointly to Tomas Lindahl, Paul Modrich and Aziz Sancar  "for mechanistic studies of DNA repair" Tomas Lindahl, Paul Modrich, Aziz Sancar The Nobel Prize in  Physiology or Medicine 20

Inflation is low but what about its expectation?

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Few days ago the Governor of RBI made a startling statement when he encountered a question by the journalist he said, " I don't know what you want to call me... Santa Claus... you want to call me a hawk, I don't know. I don't go by this. My name is Raghuram Rajan and I do what I do. " This statement further solidified his claims for the most stringent Monetary policy this country has even seen. Over the past few months, Mr. Raghuram Rajan was able not only to curb inflation to a record low but also he was ahead of his stipulated time. Moreover, he came out to be a strong Central Banker in this regard. He delivered what he said when he first came to office two years ago. Although, there are some major changes in the way we look at Inflation now, i.e, Changing of the measure of Inflation from WPI to CPI marked an early success story yet the menace of inflation is all the same. Further, with the slightest cooperation from the central government he managed

Indian Economic Development: An insight on savings and investment From 1950 to 2013

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Introduction The overall growth in India since independence has been largely enabled by the availability of domestic savings and investment, which have increased steadily over decades. The increasing extent of Household savings, Private investment and corporate growth coupled with a relative decline in the public investment has been the forerunner of India’s growth. Although our growth process continues to be dominated by domestic factors, however, the notion of growth driven by saving and investment can only be substantiated upon analysing the growth trends in the economy from the demise of colonial rule to the present day. Growth trends Of India              It is widely believed that the Indian economy witnessed near stagnation in real GDP growth till the late 1970s. The Indian economy continued its real GDP growth over each decade since Independence. Growth of manufacturing production,  was roughly constant at around 5.6- 5.9 per cent for 50 years after Independenc