Search found 455 matches

by Mugundan
Tue Apr 04, 2017 6:10 pm
Forum: Other Sports/Olympics
Topic: Sports and Performance Enhancing Drugs (Doping)
Replies: 485
Views: 48715

Re: Sports and Performance Enhancing Drugs (Doping)

India maintains third position in WADA's doping list for 2015.
http://www.news18.com/news/sports/dopin ... 68019.html
by Mugundan
Tue Mar 07, 2017 4:38 pm
Forum: Economic and General Development
Topic: Poverty in India ...
Replies: 18
Views: 1583

Re: Poverty in India ...

Till the 1987 World Cup was allotted jointly to India and Pakistan, ICC was a two-nation body, England and Australia. They had the veto power. That changed but recently led by India that was brought back for India, England and Australia (don't know whether the system continues) and the rest demoted ...
by Mugundan
Thu Mar 02, 2017 7:09 am
Forum: Economic and General Development
Topic: Poverty in India ...
Replies: 18
Views: 1583

Re: Poverty in India ...

It would have been better had authorities allowed corruption charges (against IPL in the main) to be brought before a competent authority, the guilty punished etc before overhauling the BCCI on the charge that there is corruption. While many of the points suggested by the Lodha panel and now being i...
by Mugundan
Thu Mar 02, 2017 6:56 am
Forum: Economic and General Development
Topic: India scraps its two largest rupee notes in shocking anti-corruption move
Replies: 209
Views: 4755

Re: India scraps its two largest rupee notes in shocking anti-corruption move

There seems to have been no effect of note ban on the economy if the latest GDP figures are true: http://indianexpress.com/article/business/economy/india-gdp-growth-rate-demonetisation-7-per-cent-cso-4548502/ This report says the figures were manipulated: https://www.telegraphindia.com/1170302/jsp/f...
by Mugundan
Wed Dec 07, 2016 4:01 am
Forum: Economic and General Development
Topic: India scraps its two largest rupee notes in shocking anti-corruption move
Replies: 209
Views: 4755

Re: India scraps its two largest rupee notes in shocking anti-corruption move

The economic impact ultimately trickles down. Coca Cola is the lead sponsor and I am pretty sure their sales would have taken a big hit in India over the past month (not sure what their revenue breakup between tier 1, tier 2 cities, etc,. but wouldn't be surprise if the impact is almost close to sa...
by Mugundan
Tue Dec 06, 2016 6:57 am
Forum: Economic and General Development
Topic: India scraps its two largest rupee notes in shocking anti-corruption move
Replies: 209
Views: 4755

Re: India scraps its two largest rupee notes in shocking anti-corruption move

That's what I've been saying Mugu. I was referring specifically to your post just before mine where you ended with these questions. The point is that people's reaction as to their hoarding tendency vs recirculating the small currency couldn't be gauged. This resulted in new rules everyday by RBI. S...
by Mugundan
Mon Dec 05, 2016 9:31 am
Forum: Economic and General Development
Topic: India scraps its two largest rupee notes in shocking anti-corruption move
Replies: 209
Views: 4755

Re: India scraps its two largest rupee notes in shocking anti-corruption move

Almost every queue should be shorter. Almost every project can be planned better. However, even the best planners cannot anticipate the irrational behavior of over one billion people. If you are referring to post-Nov 8, a large majority of that billion (over 95 per cent, I would assume) has behaved...
by Mugundan
Mon Dec 05, 2016 6:23 am
Forum: Economic and General Development
Topic: India scraps its two largest rupee notes in shocking anti-corruption move
Replies: 209
Views: 4755

Re: India scraps its two largest rupee notes in shocking anti-corruption move

But printing massive amounts of new Rs.500 could not have been done before-hand because there is no better way to let out the secret than that. Yes, they had introduced newer bills earlier, but they were getting released too. But printing for months to come up to lakhs of crores on a denomination a...
by Mugundan
Mon Dec 05, 2016 4:04 am
Forum: Economic and General Development
Topic: India scraps its two largest rupee notes in shocking anti-corruption move
Replies: 209
Views: 4755

Re: India scraps its two largest rupee notes in shocking anti-corruption move

If there was talk of it, then nothing could have happened, of course! This whole exercise has no meaning if even a day of notice is given. [/quote] But why?This is what I have not understood. Suppose demonetization of Rs 500 and Rs 1000 is announced six months earlier, where do you think those note...
by Mugundan
Mon Dec 05, 2016 3:49 am
Forum: Economic and General Development
Topic: India scraps its two largest rupee notes in shocking anti-corruption move
Replies: 209
Views: 4755

Re: India scraps its two largest rupee notes in shocking anti-corruption move

Jay if you are planning to buy (or sell) a one crore rupee property in Kerala (or anywhere else in India) in the immediate future, yes there will be no cash left with anyone to manage "black money". No one needs to have ''black cash". You take out your white money from bank and pay c...
by Mugundan
Sun Dec 04, 2016 4:04 am
Forum: Economic and General Development
Topic: India scraps its two largest rupee notes in shocking anti-corruption move
Replies: 209
Views: 4755

Re: India scraps its two largest rupee notes in shocking anti-corruption move

Jay, it has been "plain tax-cheating" all these years and it will continue to be so. I wasn't suggesting that our cheating is any different from Brazil, Korea or any other country. Yes, I do agree that from now on the cheating guy will find it difficult to give away the black money since t...
by Mugundan
Sat Dec 03, 2016 6:33 pm
Forum: Economic and General Development
Topic: India scraps its two largest rupee notes in shocking anti-corruption move
Replies: 209
Views: 4755

Re: India scraps its two largest rupee notes in shocking anti-corruption move

Strictly speaking, yes, I did say that Modi is no saint. I stand by it. But, I got into this thread, when I think Varma said that he is not corrupt. He is more corrupt than any of the other PMs we have ever had. While the primary sense of the word corrupt used to describe a politician is with respe...
by Mugundan
Sat Dec 03, 2016 6:22 pm
Forum: Economic and General Development
Topic: India scraps its two largest rupee notes in shocking anti-corruption move
Replies: 209
Views: 4755

Re: India scraps its two largest rupee notes in shocking anti-corruption move

Can there be a guarantee that black money would not be generated after this exercise? (Presuming that no black money has been unearthed and all money has come back into the banking system, let’s believe for a moment). What prevents people from creating fresh black money, income and black wealth? If...
by Mugundan
Sat Dec 03, 2016 7:59 am
Forum: Economic and General Development
Topic: India scraps its two largest rupee notes in shocking anti-corruption move
Replies: 209
Views: 4755

Re: India scraps its two largest rupee notes in shocking anti-corruption move

Mugu, points well taken but why isnt' there any mass hysteria? Why aren't people demonstrating on the streets? A friend of mine that I was chatting to yesterday said something interesting. Quite a few people that are standing in the lines were doing it on behalf of the people that they work for (or...

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