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Wednesday, October 16, 2013
புத்துயிர் பெறுமா வண்ணத் தூதர்கள் வாழ்க்கை?
மனித வளம்: மனிதனும் தெய்வமாகலாம்
மாற்றத்தின் வித்தகர்கள் - 3: குறுங்காடு தங்கசாமி
- குறுங்காடு தங்கசாமி
'கிராவிட்டி' - விண்வெளி விபரீதம்
Economy will pick up by year-end: RBI Guv Rajan.
India's economy will pick up by year-end thanks to the start-up of billions of dollars worth of stalled resource projects and a good monsoon season that will bolster agricultural production, the Reserve Bank of India's chief said on Tuesday. Also read: Asset quality won't improve unless economy revives: HDFC Bk The Reserve Bank of India is due to review monetary policy on October 29, with a rising pace of inflation bolstering odds for another central bank interest rate hike even as the economy stumbles through its worst crisis since 1991. "The correct question is: are you going to raise rates or not? The answer is: I'm not going to tell you," Raghuram Rajan told an academic audience at Harvard Business School in Cambridge, Massachusetts. He later said that he believed India's economic growth would start to pick up in the fourth quarter after a commission gave the green light to scores of resource projects that had been put on hold during a sweeping government review of transparency and environmental policy. He said about half of the USD 115 billion worth of stalled projects had been cleared. "The effects of that clearance will show up toward the end of the year. So growth will start picking up because these large projects will start coming back onstream," he said. He did not give a forecast for fourth-quarter growth. "The second piece of good news is the monsoon has been very good ... with a bountiful harvest, and with the associated activities like animal husbandry, poultry, also picking up, you can see a lot more value in the rural areas, which will help sentiment and growth," he said. India's economic growth has slowed sharply in recent years from around 8 percent per year between 2002 and 2012 to about 5 percent in 2012-13, while its current account deficit has ballooned and inflation has risen. Worries over the rising pace of inflation had already led Rajan to surprise markets last month with an interest rate hike of 25 basis points. Rajan said that investors were quick to blame structural dysfunction for India's economic troubles, but that the issues were more likely to do with the unwinding of stimulus in the wake of the global financial crisis, policy reviews stalling projects, and a spike-up in Indian demand for gold. "There's a lot that is going on to fix these medium-term problems," he said. "If you are an outsider looking at India, learn to filter out both the irrational exuberance and the excessive pessimism. We're subject to both. You will become manic-depressive if you follow our moods." He added that the question of using interest rates to address inflation was more complicated in India than in the United States. "In the US you know there is a large interest rate-sensitive sector that is going to be affected when you raise interest rates ... But what if you have a large part of the country that is not connected directly to the financial system?" he said, referring to India's massive rural population
.
Buffett: Debt limit is political weapon of mass destruction.
Warren Buffett said Wednesday the threat to not raise the nation's debt limit "after you've already spent the money" is a "political weapon of mass destruction" comparable to poison gas and shouldn't be used by either party. "I know it's been used in the past, but we used the atomic bomb back in 1945 but we decided we weren't going to do something like that again," he said hours before the government's midnight deadline to raise the debt limit or possibly default. Buffett called on both sides to pledge not to use the debt limit as a weapon. "There are plenty of weapons that can be used," like filibusters, he said. In a live interview on CNBC's "Squawk Box, the Berkshire Hathaway chairman said he doesn't expect the US will do anything to damage its 237-year reputation of paying its bills on time, but if it does it would be a "pure act of idiocy" and "asinine." Buffett said Berkshire owns short-term Treasury securities but he isn't worried about getting paid. He also said the ongoing crisis in Washington over spending and the debt limit is no reason to avoid buying securities, pointing out that Berkshire subsidiary Marmon Group just paid USD 1.1 billion for a British drinks dispensing business. "We did not buy it with a condition that we could call off the deal" if there was no vote to raise the debt limit, he said. He added that in his long career, he has never put off a deal by a few weeks to see what might happen in Washington
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Coalgate: PM is equally responsible, says ex-coal secy.
Even as corporate India reacts with shock and horror over the Central Bureau of Investigation (CBI) naming industrialist Kumar Mangalam Birla as an accused in an alleged faulty coal block allotment to his company Hindalco, former bureaucrat PC Parakh, who is the co-accused, hit out on the matter saying the responsibility was with Prime Minister Manmohan Singh too. The former coal secretary today said, “Prime Minister could have overruled my decision; everyone was equally responsible in the matter”, adding that he was not sure why the CBI had named him . While the CBI remains tightlipped on how it chooses to ignore that a secretary is only below the minister, top sources have told CNBC-TV18 that the agency’s 14 th FIR is not the end of the probe into the coal scam. At least two other conglomerates are facing an intense probe into coal blocks allotted to them for their power and steel businesses and some action could be expected soon. For the record, the Prime Minister’s Office said, “We have replied to all of this in Parliament. There is nothing new. Let the law take its course”. Government managers are hoping that Prime Minister Manmohan Singh will remain insulated from the fire and draw comfort from the fine distinction made by the Supreme Court with respect to the alleged role of other ministers in the 2G scandal. In the 2G cases, the CBI has charged both the secretaries and then ministers. The opposition doesn’t think much of this line of thinking. “Parakh is correct in saying that the PM is the prime accused in this, because he was the Coal Minister when the allotments were made,” said BJP leader Yashwant Sinha. Meanwhile, the CPI’s Gurudas Dasgupta said there should be an inquiry into the matter. Understandably, the Congress is chafing at the leash with Digvijay Singh warning that the “BJP should remember allocation policies were same during NDA” while I&B minister Manish Tewari said the entire matter was being investigated by the Supreme Court. It is the redoubtable, serial litigant Subramanian Swamy who provided a glimpse into why the PM may not be named after all. Swamy said the PM’s signature does not appear anywhere in coal allocation files. “We would have taken Parakh’s statement seriously if he had said this before, but after having been declared an accused, his statement holds no credibility.” The CBI does not think much of the stunned reaction to its naming a famed industrialist, but is equally tightlipped as to what its future course of action is going to be, with officials only saying the decision would be taken at an appropriate time by Director Ranjit Sinha.
பெண்ணியம்...... எனது பார்வையில் - பகுதி 2
பெண்ணியம்.... எனது பார்வையில் பகுதி 1
கடவுளும் தூதுவர்களும் - பீர்பால் கதைகள்!!!!
வேண்டியிருந்தது. ஆழமான பகுதியில் செல்லும் போது அக்பரின் பேரனை தூக்கி பீர்பால் கங்கை நதியில் போட்டு விட்டார்.
அக்பருக்கு ஆத்திரம் வந்தாலும், உடனே ஆற்றில் குதித்து தனது பேரனைக் காப்பாற்றினார்.
கேள்வி கேட்கிறேன். குழந்தை தண்ணீரில் விழுந்த பொழுது,
படைத்தளபதியை, என்னை மற்றும் வீரர்களை நோக்கி
‘குழந்தையைக் காப்பாற்று’ என்று ஆணையிடாமல் நீங்கள் குதித்தது ஏன்? என்று கேட்டார்.
என் கடமையா? அல்லது ஆணையிட்டுக் கொண்டிருப்பது
பெருமையா?" எனப் பதிலுக்கு கேட்டார்.
போல, ஆபத்தில் இறைவன் தானே வந்து மக்களைக் காப்பான்."
என்றார்











