Wish You Happy Diwali

Quite busy these days with my work but dont forgot to say Wish You Happy Diwali….

 

Erail makes easy way to check trains for indians..

Well Erail makes easy to plan journey for your holidays.Yes here you can fine Indian railways train availability and  check your PNR status easily.Its easy because it don’t take you to multiple pages.Just try out www.erail.in well it has only few important stations only.Well you can book tickets here.Well for southern india people you can try out redbus for booking tickets in bus.

Smoking Banned from October 2(Gandhi Jayanthi)

 

No Smoking in Public places

The hard time for smoker came ,yesterday government announced that smoking would be banned in all public places form October 2.The public places includes Hotels,restaurants and offices and if any body caught in these premises they will be fined with 200Rs and can go to 1000 Rs (Good time for Cop’s).In addition to this government imposes a proper warning along with a skelton image should be there in all tobacco products from December 1.So this is a great step took by govt. to reduce smoking.Now if you want to smoke either u need to go to room or smoke in inside office .

 

So have a happy smoking till gandhi ji come with this ban on his coming b’day .

ps:According to a WHO study, around 14.1 per cent of school going children are using some or the other form of tobacco, which is very worrisome .

Highest Inflation Rate…(2.2Million %)

UPDATE:-11.2 million % inflation! more here.(20/09/08)

A man holds a cellphone top-up card worth 100 billion Zimbabwe dollars in Harare yesterday...Too Cheap ...:)

As usual other days i go through newspaper but today I got something special news that’s in Zimbabwe the inflation rate touches 2.2M% which is world highest inflation rate. Here in India we people are dying of inflation of 11.2% , then what about people facing inflation rate of 2.2Million %. 

‘It said laundry soap on the black market went up by 70,000,000%, cooking oil by 60,000,000% and sugar by 36,000,000% — far higher than the official inflation rate.’ from a local newspaper.

O!!! mind going offffff… think if we are in such situation don’t know how to survive where you need to give a bundle of notes(currency) to buy a cup of tea.I think then all common people earning should be in crores …:) .God help those Zimbabweans ….I should be ready for any tough times.

Master Blaster Back to No.1 …(Sachin )

After the Commonwealth Bank Tri-Series Master Blaster back to Top LG ICC ODI Batting Ranking.This removes most of the rumors over his batting in this series he also make his first century in Australia.His innings in 1st and 2nd final’s of CB Series are match wining play.This series also bring the many new faces to India team i.e ishant sharma , Rohit Sharma, Praveen Kumar there was amazing team effort through out the serious.

Little master was at his great and give his full at the finals , this made me recall that day when sachin won a cup at sharjah cup against the Aussies.Well after this series Our Master Blaster back to No1. position where ricky trailing by 7 points.Hope this may shut down the rumors over him.

lets hope he will continue his form…

1	S.R. Tendulkar	IND	777
2	R.T. Ponting	AUS	770
3	G.C. Smith	SA	753
4	Mohammad Yousuf	PAK	752
5	M.L. Hayden	AUS	740
6	A.C. Gilchrist	AUS	738
7	M.E.K. Hussey	AUS	736
8	K.P. Pietersen	ENG	735
9	H.H. Gibbs	SA	731
10	M.S. Dhoni	IND	728

as per 04/03/08

Budget 2008-09….. some relief for employees from Chidambaram

Friends today our finance minister brings some relief to the employees of india from his budget 2008-09.The highlights of budget are..

• TAX: exemption raised from Rs 1,10,000 to Rs 1,50,000
• TAX: Women exemption threshold streched from Rs 1,45,000 to 1,80,000
• TAX: Senior citizens’ exemption raised from Rs 1,95,000 to 2,25,000
• TAX: Corporate income tax unchanged
• Central sales tax: Reduced to 2%

So now revised your saving plan accordingly to next year.But one thing i didn’t get that why Tax exemption is more for womens.Any way cheers to Mr.P.chidambram….

“Full details below..

• Indirect tax proposals to incur a loss of Rs 5,000 cr
• 
• Direct tax proposals would be revenue neutral
• Dividend of subsidiary company will be released from DDT
• Banking transaction tax to be exempted
• Central sales tax: Reduced to 2%
• 15% rise in short term capital gains tax
• 5-yr tax holiday for building hospitals in tier-II, tier III regions
• Short-term capital gains rises to 15 pc
• Excise duty of Rs 1.35/litre applied on unbranded petrol
• Excise duty of Rs 4.6/litre applicable on unbranded diesel
• Introduction of Commodities Transactions Tax
• Securities Transaction Tax would be considered like deductible expenditure
• Star hotels: 2,3,4 star hotels to get 5-yr tax holiday in UNESCO’s heritage sites
• FBT exempted on creche, employee sports facilities
• Duty on two wheelers slashed from 16 to 12 pc
• Tax slab for Rs 3-5 lakh would be 25 pc
• TAX: exemption raised from Rs 1,10,000 to Rs 1,50,000
• TAX: Women exemption threshold streched from Rs 1,45,000 to 1,80,000
• TAX: Senior citizens’ exemption raised from Rs 1,95,000 to 2,25,000
• TAX: Coporate income tax unchanged

• Hike of duty on non filter cigarettes
• Excise duty reduced to 8% on water purification items
• Duty taken off on naptha for production of polymers
• Refigeration components to get less expensive
• Reduction of excise duties on anti-AIDS drugs
• Tax-GDP ratio raised at 12.5%
• Step down of excise on paper and its products
• Reduction of excise duties on buses, chassis
• Excise on small cars stepped to 14%
• Excise on pharma goods reduced to 14%
• General CENVAT rate: dipped from 16% to 14%
• 5% cut of customs duty on some bulk drugs
• Crude sulphur: duties stepped down to 5%
• Relieve of duties on coral
• Fiscal Deficit & Revenue Deficit: pegged at 3.1% & 1.4%.
• Duties on convergence products dipped to 5%
• Set top boxes: 100% exemption
• COMMONWEALTH GAMES: allocated Rs 624 cr.
• Steel melting & aluminum scrap: duties reduced
• Peak rate of customs duties unchanged
• Sixth central pay commission would submit report by March
• Revenue Deficit would be 1.4 % agt Budget Estimate of 1.5%
• Planning Commission to assess major schemes
• PROTECT TIGER: Rs 50 cr to Natl Tiger Conservation Authority to get Rs 50 cr
• Rs 75 cr for ICCR for cultural development
• Defence allocation raised by 10% to Rs 1,05,600 cr
• PDS to get Rs 32,676 as subsidy
• Smart-card based PDS system to come up in Haryana, Chandigarh
• PDS to be toned up
• Grant of Rs 44 cr to 22 Sainik schools each
• Rs 75 cr to given to Agri Ministry to set up soil testing labs in 250 districts
• Rs 15,000 cr to be given for a non-profit body for dev programme
• Set up a world-class skilled development programme
• PAN requirement extended to all securities transactions
• Set up bond, derivative market
• More clarity in Derivative market
• Risk Capital Fund to be established in SIDBI
• Allocation of Rs 12,966 cr for National Highway Dev programme
• Rs 8,000 cr for accelerated power development programmes
• Ultra mega power project to come up at Tilana shortly
• NHDP to get Rs 12,956 Cr
• Banks would be bucked up to embrace total financial inclusion
• Foreign invt: Oil block exploration anticipated to get up to $8 bn

• Setting up of Coal regulator
• Health Insurance for 17 lakh families of weavers
• Approval of State data centres scheme and gets Rs 275 cr
• 1 lakh broadband-enabled common service centres to be set up in villages
• Better allocation of NHDP programme
• Power distribution to get Rs 800 cr
• Public Sector Bank: Around 288 branches to be opened in districts with minority community concentration.
• Manufacturing rate of growth planned to be doubled
• RIDF corpus to be raised to Rs 14,000 cr
• Education: 20% hike from Rs 28,674 cr to Rs 34,400 cr
• Total amount of loans being waived is Rs 50,000 cr
• Debt waiver scheme to end up by June 30
• Minority Affairs Ministers alloted Rs 1000 cr.
• Total amount of loans being waived is Rs 50,000 cr
• Debt waiver scheme to end up by June 30
• Interest subvention would prove negative for banks
• Waiver forms up to 4% of total bank loans
• Sensex dipped to 210 points
• 500 soil testing labs would be established in the country
• Marginal,small farmers gets 100% waiver on all loans. Benefit to 4 crore farmers
• Farmers would provided with scheme of debt waiver and debt relief
• Allocation for NRHM hiked to Rs 12,050 cr
• National Horticulture Mission would be allocated Rs 1,100 cr
• Rs 50 cr for Weather based crop insurance scheme
• Tea Research Association would be given a special grant of Rs 20 cr

• Rashtriya Krishi Vikas Yojana would be allocated Rs 2,80,000 cr.
• 53 minor irrigation programmes would come into action
• Coffee, cardamom growing gets more funds

• Child specific schemes would be given Rs 34,334 crores
• Rs 2.80 lakh cr has been set for agri-credit in 2008-09
• Ministry of Woman and Child Development to be alloted Rs 7,200 cr
• 24% hike in allocation for child development
• Border area development gets Rs 500 cr
• Anti-Polio drive gets Rs 1,042 cr
• Hospital sector likely to gain Interest subvention has been increased in the year 2007-08
• Jawaharlal Nehru Urban Renewal Mission would be alloted Rs 6,865cr
• Development of agri-credit has been impressive
• Minority Affairs Ministry fund raised to Rs 1,000 cr
• Setting up of 288 PSU bank branches in minority districts
• Rs 540 cr to be given for the development plan for minority districts
• LIC would entail all women SEGs
• Rs 200 crore to be given for potable water in schools
• Rural health services would be alloted Rs 12,050 cr for its development
• Publishing market would gain from education boost
• Sanitation programmes would be alloted Rs 1200 cr
• More number of minority placements in central para-military forces
• Higher Education: more institutions in the 11th plan.
• Anganwadi helpers & workers remuneration hiked to Rs 750 & Rs 1,500
• National Programme for elderly citizens at Rs. 400 crore
• Rajiv Gnadhi Natl Fellowship Programme would be alloted rs 75 cr
• Rs 9 cr for Nat Handicap Development Corp
• Natl Minorities Development Corp would be alloted Rs 75 cr
• Rs. 500 crore for Arunachal and north eastern states

• Education spend to be raised by 20% to Rs 34,400 cr
• NE region would be granted Rs 1, 350 cr for development
• Rajiv Gandhi Drinking Water mission allotment would be raised
• NREG scheme to be implemented in 596 districts
• National Rural Health Mission allocation raised by 15%
• Rs 30,000 health cover allotment for every worker in unorganised sector
• Increase of Health allocation to 15%
• supply safe drinking water as per Rajiv Gandhi’s plan
• 3 IIScs would be set up in Bhopal and Trivandrum
• National Programme for the Elderly to be set up
• Secondary education Scheme: Rs 4,554 crore
• 2 schools would be set up for planning and architecture
• Rs 4,554 crore Secondary education Scheme
• Rs 100 cr would be given to Ministry of Science and tech for Natl Knowledge Network
• All knowledge bodies would be connected through broadband
• Rs 85 crore for the setting up of a knowledge society
• Scholarships would be given for science and research
• Education and Health allocation up 20%
• Service Sector to rise at 10.7%
• Setting up of 3 IITs in AP, Bihar and Rajasthan
• 16 central universities would come up
• Mid-day meal scheme: for upper primary classes also. Budgetary allocation Rs 8,000
• Navodiya Vidyalayas to start up in 6,0-00 districts
• 6,000 model high schools to be established
• Agricultural growth rate planned at 2.6%
• reforms for Education, health remains a major concern
• 2008-09 would be a year of integration
• He remains to be convicted to sustain 8% growth
• Effect of global mkts on local mkts is hazy
• Govt, RBI will to take a conjoint step to manage capital inflow
• Govt to monitor all foreign fund inflow
• Govt. to check foreign inflow to stabilise Indian mkts
• Rashtriya Krishi Vikas Yojna launched
• Food grains overall output is 219.32 mn tonnes
• We should remain wakeful for downside risk
• Crude oil has seen a step down
• Agriculture condition was disatisfactory
• Capital inflows proves to be point of consideration against monetary management
• Growth rate at 8.8%
• Service sector remains the propelling force for Budget
• Since Aug 2007 financial economies has seen a great ups and downs 2007-08 has been a challenging year
• Chaos in the parliament as Opposition interrupts speech
• Finance Minister P Chidambaram starts up to address Parliament

• This Union Budget 2008-09 would be UPA government’s last Budget before elections next year.
• The next Union Budget will be a vote-on-account because of general elections.
• FM might not deliver a populist Budget as against the general speculations.”

Hard time for Software employees…..

 

UPDATE:-Yahoo cutting its work force by 1000 to 3000 ..more here.(21/10/08)  

Recent drop in share market not only creates problems for Big software organizations bust also effects its employees.Yes friends the down of this market value makes a heard time for the organization employees,i.e in order to over come these losses they simply firing off there employees mostly in Asian countries.In order to hide this hey simply conduct a test and on that basis they ask there employees to write a self resignation letter stating ‘that due to some personal reasons i am resigning my job’.Where as mostly the freshers are the sufferers to this.Furtherer there is rumor that they can reduce the salary of a employee.Among these following are some organizations :-

 

• TCS:-fire 500 employees in india.And thinking to cut down the salaries.here
• IBM:-about 2000 peoples.
• Accenture:-Its too around 2000.
• Yahoo:-in between 500 to 2000 .here.

Lets Hope the market comes to steady state so that we employees can breath freely.

Wish you happy 58th Repulic day:Proud to be Indian

Today we are celebrating 58th Republic day in our country.

Although India obtained its independence on 15th August 1947 the constitution of india came into effect only only 26th January 1950.

So since then we are celebrating 26th January as Republic day and 15 August as independence day.Much more you can find here. During this course of 57 years India has developed in all major streams whether its in agriculture, business ,Scientific Technology ,Sports ..etc. Being Indian i am proud of it.Wish happy Republic day.

Some Excellent Facts about India…..
Here are some facts about we, Indians in US of A.
There are 3.22 millions of Indians in USA (1.5% of population). YET,
38% of doctors in USA are Indians.
12% scientists in USA are Indians.
36% of NASA scientists are Indians.
34% of Microsoft employees are Indians.
28% of IBM employees are Indians.
17% of INTEL scientists are Indians.
13% of XEROX employees are Indians.

These facts were recently published in a German magazine, which deals with WORLD HISTORY FACTS ABOUT INDIA.

1. India never invaded any country in her last 1000 years of history.
2. India invented the Number system. Zero was invented by Aryabhatta.
3. The world’s first University was established in Takshila in 700BC. More than 10,500 students from all over the world studied more than 60 subjects. The University of Nalanda built in the 4th century BC was one of the greatest achievements of ancient India in the field ! of education.
4. According to the Forbes magazine, Sanskrit is the most suitable language for computer software.
5. Ayurveda is the earliest school of medicine known to humans.
6. Although western media portray modern images of India as poverty striken and underdeveloped through political corruption, India was once the richest empire on earth.
7. The art of navigation was born in the river Sindh 5000 years ago. The very word “Navigation” is derived from the Sanskrit word NAVGATIH.
8. The value of ‘pi’ was first calculated by Budhayana, and he explained the concept of what is now k! nown as the Pythagorean Theorem. British scholars have last year (1999) officially published that Budhayan’s works dates to the 6 th Century which is long before the European mathematicians.
9. Algebra, trigonometry and calculus came from India . Quadratic equations were by Sridharacharya in the 11 th Century; the largest numbers the Greeks and the Romans used were 106 whereas Indians used numbers as big as 10 53.
10. According to the Gemmological Institute of America, up until 1896, India was the only source of diamonds to the world.
11. USA based IEEE has proved what has been a century-old suspicion amongst academics that the pioneer of wireless communication was Professor Jagdeesh Bose and not Marconi.
12. The earliest reservoir and dam for irrigation was built in Saurashtra.
13. Chess was invented in India .
14. Sushruta is the father of surgery. 2600 years ago he and health scientists of his time conducted surgeries like cesareans, cataract, fractures and urinary stones. Usage of anaesthesia was well known in ancient India .
15. When many cultures in the world were only nomadic forest dwellers over 5000 years ago, Indians established Harappan culture in Sindhu Valley ( Indus Valley Civilisation).
16. The place value system, the decimal system was developed in India in 100 BC.

Quotes about India .

We owe a lot to the Indians, who taught us how to count, without which no worthwhile scientific discovery could have been made.
– Albert Einstein.

India is the cradle of the human race, the birthplace of human speech, the mother of history, the grandmother of legend and the great grand mother of tradition.
– Mark Twain.

If there is one place on the face of earth where all dreams of living men have found a home from the very earliest days when man began the dream of existence, it is India .
– French scholar Romain Rolland.

India conquered and dominated China culturally for 20 centuries without ever having to send a single soldier across her border.
–Hu Shih
(former Chinese ambassador to USA )

and the saga continues………

Happy Republic India… JAI HIND!!