Sunday, March 9, 2008

F1 - 2008 Series

Formula 1 - Series 2008

2008 Season of Formula One on the way and it is going to be a magic march. I am very curious to see how the teams would perform on the field without any new scams :)

I feel, Hamilton would break the rookie shackles and emerge as a champion. I do not expect Kimi to let the fans down in 2008. He has to demonstrate the "finish it" attitude atleast this year... after all he has the best car to achieve it !!!

Alonso is coming to 2008 season with Hamilton baggage and it is to be seen how he gets out of it. Not expecting much from force india team atleast in the first 6-8 races.

Malaysian Election Results

Malaysian Election Results

National Front of Malaysia is ruling the country for the last 40 years and only once they lost two thirds of majority so far.

It looks like they are all set to scramble for the majority this time. Ethnic tamils and chinese casted their vote against the national front in a big way and the ruling party lost 4-5 states to opposition.

I personally feel, this kind of dramatic results could not be achieved alone by rebels and instead even the malais themselves must have voted against the government. One hindraf leader won the election from Jail... No mean feet at all.

Eye Opening Results !!! The government should learn from the outcome and do something really material to the people atleast hereafter.

Chennai Port Trust

Chennai Port Trust - in Chaos

Chennai port trust is struggling to handle the load of import and export. One can see a long queue near Marina stretch.

Looks like around 10 ships moved out to other ports to download the good instead of waiting to be cleared by chennai port.

Wait period can go anywhere between 8 to 15 days.

Who will rectify this situation?

Coffee Break

Discussion between Vegetable vendor & Naughty Rahul

Vendor: Amma... Vegetables?

Naughty Rahul: Innikku Venanga...

Vendor: Nalla, super-ana Keerai irukku thambi.. ammava kelu...

Naughty Rahul: Enakku Chips than pidikkum. Naan adha thaan saapiduven. Enakku vegetables venam... Bye...

Vendor: !!!

Tuesday, March 4, 2008

CB Series Triumph

Folks...

It gives immense pleasure to be on top over world champs.

Confidence boosting CB Series triumph - without Ganguly & Dravid; With Sreesanth & Irfan Pathan :)

Good show indeed by Indian cricket team. Hats Off !!!

Monday, March 3, 2008

Stock market outlook - March 2008

Stock market is under tremendous pressure, fear, pessimism, caution etc... People are not simply jumping to go and invest in equities...

So Sensex is likely to test low levels like 14700 over next two months.

Farmer loan write-off

Congress goverment in India decided to write-off loans worth 60,000 Crores or 15billion USD. Farmers are delighted. Banks are scratching their heads as of now to figure out how to handle their cash flows over years to adjust this move.

My point of view is something different. I dont think farmers commit suicide due to loans owed to banks instead they are forced to commit suicide due to local goondas or thugs or private lenders. Private lenders lend money at high interest rates and they hire people to recover money by "all kind of methods".

People generally borrow money from friends, relatives or private lenders more than banks. I honestly feel this waiver would benefit rich farmers more than the real poor, affected farmer.

Anyway, government cannot do anything for people who borrow money in others ways !!!