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Showing posts from October, 2009

Indian engineers create fingernail-size chip 1TB

A team of Indian engineers have created a small chip that can hold 1TB of data, which is more than 50 times the capacity of today's best silicon-based chip technologies. The team of engineers was led by Jagdish "Jay" Narayan, Director of the National Science Foundation Center for Advanced Materials and Smart Structures at the North Carolina State University. These engineers said that their nanostructured Ni-MgO system can store up to 20 high-definition DVDs or 250 million pages of text, "far exceeding the storage capacities of today's computer memory systems," according to ComputerWorld. Again its the Indians who make such research work successful, and the US comapny put a TM on that, when India start funding for such research job, when the Govt knows that most of the research work in US is carried or lead by the Asians, specially the Indians and Chinese. Still waiting for that moment. Most of the student dint get a chance to carry out the research work, as ...

Where do you see India in coming 10 years?

I believe that we have all elements to take India to a super power status. I am sure that India will be an economic super power in coming 10 years. · There are three pillars of economy o Agriculture o Services o Manufacturing · All these are interested and interdependent and an effect on one has a cascading effect on the other. · Talking About agriculture :- 65% of Indian population is dependent on agriculture, to develop this 65% population, we decided to enhance the agriculture growth from 2% to 4% in the 11 th five year plan. We have achieved third target by June-09. To maintain it in 2009-10, the 1 st general budget of 15 th Lok Sabha, our F.M. Mr. P. Mukharji announced an increased budget allocation of Rs 3,25,000 Cr as against Rs 2,87,000 Cr in the previous budget, also 500 mobile soil testing laboratory, cartostate satellite specially for agriculture to boost agricultural growth. Despite contributing 19%...

SAARC

1. It is social, political and economic co-operation of eight nations comprising of Afghanistan, Pakistan, India, Nepal, Bhutan, Bangladesh, Sri Lanka and Maldives. 2. It’s Headquarter is in Kathmandu (Nepal). 3. It provide platform to the people of the south Asia to work together with the sprit of brotherhood. 4. 15 th SAARC summit was held in Colombo in Sept. 2008. The summit was mainly focused on (i) Food Bank (ii) Combat terrorism (iii) Food security (iii) SAARC development fund 5. Additional emphasis on people to people connectivity at grass root level to boost bilateral trade mechanism, mutual collaboration on regional affairs. 6. Regional Co-operation:- They renewed their agreement for mutual regional co-operation to accelerate (i) Economi...

Jammu & Kashmir

In 1947, Indian subcontinent was devided in two self governing bodies - India and Pakistan. At that time Kashmir decided to remain autonomus, under Raja Hari singh. But in 1948, Pakistan with help of local tribels, atacked Kashmir. Raja Hari Singh sought india’s help. Kashmir merged with india on 26 oct 1947, with some autonomus provisions. Indian Army faught and pushed back Pakistani army. When the war was on, then Prime Minister of india, Pt Jawahar Lal Nehru took the matter to UNO. UNO ordered ceasefire. Plebiscite was ordered by UNO on the condition of withdrawal of both the army. From entire Kashmir, Neither Pakistan nor India withdrew their Armies. Plebiscite has not been carried out till date. Part of Kashmir, The POK is still held under Pakistani Occupation. In 1971, Shimala agreement was signed between India and Pakistan, according to which it was agreed that dispute over Kashmir will be resolved between both the nation with out intervantion of any third...

Stock Options Trading

When I bought the futures of XYZ Company with great hopes of making a quick buck I had not foreseen the other side of the picture i.e. making great loss. The lot size on the contract was 950, which meant that for every single rupee up or down move in the stock I stood to gain or lose Rs. 950, a substantial amount by any standards. The market took a dip and my stock ended up lower by Rs. 40. In other words I lost Rs. 38000 in just a couple of weeks. Although I had time till the end of the month when the contract expired but I closed my position taking the loss. Another lower tick on the stock would have required additional margin money from me. Did it leave me any wiser? I sure hope so because that is when I did some research and came up with a safer bet in the form of stock options. Most Indian traders use stock futures due to the profit potential or lack of knowledge of stock options. The risk involved in stock futures makes options much more attractive. The difference in buying a sto...