G-20 summit at Washington, Nov 15 ...

To get a special invite to speak for the economist PM of India Dr Manmohan Singh to attend the G20 summit at Washington is an honour, no doubt ..

The G-20 countries are made up of the G-8 (US, UK, France, Germany, Japan, Canada,Italy, Russia) and the G-11 (Argentina, Australia, Brazil, China, India, Indonesia, Mexico, Saudi Arabia, South Africa, South Korea and Turkey) besides the European Union.

In this time of crisis, the western countries look to China, India and Japan, besides some countries in Europe, to help shore up the economic crisis afflicting the developed western world and to some extent other countries of the world. Everybody is aware of the fact that ever since US started exercising its seignorage of the Bretton Woods Institutions, the World Bank and the IMF, the policies of these Institutions which were to help and monitor world economies got skewed to serve the interests of US and other developed nations from Europe. And the world is now fully aware of where those policies have taken the two Institutions which have failed miserably in monitoring, forewarning or controlling the economic crisis which has befallen the world now.

Military solution for terrorists and political solution for the Sri Lankan people.. !!

Sri Lankan President Mahinda Rakapaksa is firmly committed to relieving Sri Lanka of the menace of cancer, of LTTE, the terrorist group which is now begging with the TN CM Karunanidhi for accomodation.

Rajapaksa has successfully been carrying out the cleansing operation in Sri Lanka where the terrorist group of LTTE is being driven deeper and deeper into the forests, while more of civilian land is being opened for the people of Sri Lanka which includes the Tamils too from the clutches of LTTE. That LTTE does not represent the Tamils en masse, is evident from the numerous dissensions and acts of silencing of opposition we have seen during the past many years. The all-elusive and omniscient Velupalli Prabhakaran is finding the chase to catch him too hot and tiring these days, running out of space ... His guerilla tactics have got exhausted and his suicide bombers are dwindling down.. His deeds are catching up with him ..

Being a peace-loving neighbouring country and an emerging international power of reckoning, fighting such secessionism in our own backyard with Kashmiri and Assamese groups, our lookout should be to help Sri Lanka fight secessionism and find a lasting political solution there.

Rajapaksa's statement that he is ready with a military solution for the terrorists ( ie. decimating the terrorists brutally with an iron fist..) and a political solution for the people cannot but be welcomed with open hands. Very bold stand which no other Sri Lankan politician has taken for a long time and has paid on numerous occasions with their precious lives..

Indian open support for Rajapaksa at this critical juncture in their political timeline will give the moral boost for the Sri Lankan army to fight terrorism, in what ever form and shape it appears..

Go ahead Rajapaksa, your efforts can bring peace to the region, though not sure of a lasting one ..

george..

Stock market crash of Oct 2008, the 10/8 phenomenon ....

How severe has been 10/8 ??

The personal wealth of the top 3 richest people in India which have crashed during Oct 2008 are given here ..

The market cap of the personal holdings of Mukesh Ambani crashed by $ 50 billion, Anil Ambani by $ 40 billion and DLF's KP Singh by $ 38 billion.

Totally the markets lost about $ 980 billion, (about Rs. 46,00,000 crores)  in the crash which saw Bombay Sensex nosedive from 16000 to 8700.

If it falls to below 8000, I will be investing ...

ge..

Terrorism, cutting religious and political boundaries....

Terrorism is a menace like cancer spreading in the Indian society. While Islamic terrorists were  blamed for the acts of violence in metros, Hindu terorists hav ben nabbed in Malegaon in Maharashtra. Mainstream political parties who are openly fighting for a ban on SIMI, BajrangDal and VHP now need to understand that bans will only make these organisations go underground and metamorphasise into new potent radical organisations, often gaining political and mainstream popular support.

Political parties and leaders irrespective of their alignment, right, left or centre, need to first realise that it is injustice and sidelining happening in the society which causes such organisations  to sprout. The Muslms in Gujarat are now a disheartened lot after their sidelining by the Modi BJP govt. They are responsible for the attacks in Bangalore, Delhi, Ahmedabad and so on. Likewise societies elsewhere will start their revolt, leading to irreparable damage to the society.

Let us preserve the unity and integrity of our country.

ge..

Maria Philip Debate competition at XIME, 18 Oct 2008

ICFAI Bangalore got the first prize ....

george ..

XIME western gate under water ..

24 Oct 2008, heavy rains in Bangalore. XIME western gate was under water...

ge..

Ambili ammava Thamara kumbilil enthunde ...

Ambili ammaava Thaamara kumbilil enthunde

Kumbittirippaano maanathe kombanaana purathu ??

India and Indians as a whole are upbeat after yesterday's successful launch and putting ion orbit of India's first moon mission, Chandrayaan -1 on PSLV C -11 vehicle -  the proven workhorse of the Indian Space Research Organisation. On the day of the launch it was heartening to hear one of the scientists remarking how the moon was peeping from behind the clouds at the SHAR centre preparations for the first Indian lunar mission launch ...

The news also found mention in the evening prime time network news in US and that conveys the importance of the events. The statement by Obama supporting the Indian Moon mission, close on the heels of China having done so, is a further reminder that the world is taking note. Obama did not forget to mention that the H1-B visa issue will be sorted so that US will continue to receive bright Indian talent, to further its plan of borrowed growth and development to sustain its plan for dominance of the world. Many Indians have already fallen for it and will continue to do so. That is part of the game !! It is in fact a two way game ..

The fact that India is planning to land a man on moon by 2018 AD, at least 4 years ahead of China is a very notable point. When the developed world is mired in the economic crisis of its own making, out of personal greed, India is fairly stable and is concentrating itself on more important and strategic issues which can catapult it to greater heights. 

The fact that India and China will continue to grow at > 8 % in the coming 5 - 10 years during which period the developed countries will have zero percent growth, trying to recover from the shock and ill effects of the economic crisis, is ample proof of the robustness of the economies of the two countries. After coming out of this recession cycle, India will emerge with a lot of new shining infrastructure, ready to take on the world ...

The moon mission is among the many steps in the direction of attaining self sufficiency in energy, food and protecting the world from the dangers of climate change, the three immediate threats staring at our generation.

As the lullaby reminds us, what more does the moon behold for India in its lotus crescent, if we reach her  ??

george..