Manmohan Singh to Bush - We are sending Indians to the moon next year.
Bush - Wow! How Many?
Manmohan Singh - there are total 100 people.
25 - OBC
25 - SC
20 - ST
5 - Handicapped
5 - Sports Persons
5 - Terrorist Affected
5 - Kashmiri Migrants
9 - Politicians
and if possible
1 - Astronaut
Tuesday, May 30, 2006
Friday, May 26, 2006
Here is a Message posted by Gautam Kumar, an OBC student from IIT.
Message:
They made me feel low.
I belong to OBC class.
I am from a place where discrimination based on caste was very common.
I grew hearing I am inferior because I am from back ward class.
I had regretted in my childhood why was I born in backward class.
When my friends used to tease me on my caste my ma (mother) used to tell me only way to make you friends mouth shut is to study well and top in the class.
I took this idea seriously and channelized my frustration towards my studies. There was a big change in me
I started working very hard and transformed me from a poor performer of the class to the district 2nd topper of X exam 1996 supaul.
After that performance also some of my racist friends disparaged my success by saying, I must have some connection with the govt of Bihar.
Since the then cm of Bihar belongs to my caste.
I was very disappointed not by the disparagement by my friends but by thinking why I belonged to my class.
Then I started preparing very hard to prove that my performance of X was genuine.
I worked real hard and got through IIT JEE 2000.
I got a place in B-Tech chemical engg at IIT KGP.
I was apprehensive about-facing the same experience here also.
But I was surprised when no body asked me my caste there.
I was surprised from the environment there. No body really cared which cast I belonged to. No body at iit ever care from which religion or which cast one belongs to.
Feeling of equality was for the first time felt by me there.
I feel no place on the earth will be as secular and as racism free as iit
Slowly my feeling of inferiority because of my class started fading away. I started believing in equality of human.
I started loving people not based on their cast but based on their ideas. I forgot all the discrimination. I feel proud of living in such a great environment.
This place not only made me grow technically but also socially.
I am real secular I don’t only say it but also feel it.
But when one start feeling good about something in life god takes it away. Before this announcement of reservations I had started believing that India is growing not only economically but also socially.
I was feeling freedom from boundaries of caste and creed.
But suddenly our leaders asked me to feel that I am a backward.
They made me remember my childhood days.
Now it has become difficult for me to feel same as I felt before this announcement.
I am really worried for my alma mater.
I feel our leaders are going to spoil the haven on earth for their own benefit.
I would like to suggest one thing if all the leaders will be sent to iits then only they can know the real meaning of secularism what they keep on trumpeting around.
I will not mind if some of the seats of iit will be given to our leaders to make them understand the real meaning of secularism.
But now I am sure once they make reservations mandatory for admissions in institutes it will replace the equality with the hatred and discrimination.
I urge our leaders don’t do this to us.
Our generation has changed. Please don’t separate us on the basis of our birth.
Over which no one has any control.
We have started believing in equality, hard work and dedication for success.
Please don’t break our faith.
It will really spoil the unity of our nation. Please let the new generation of India live in a world where ideas matter not the birth class.
They made me feel low.
I belong to OBC class.
I am from a place where discrimination based on caste was very common.
I grew hearing I am inferior because I am from back ward class.
I had regretted in my childhood why was I born in backward class.
When my friends used to tease me on my caste my ma (mother) used to tell me only way to make you friends mouth shut is to study well and top in the class.
I took this idea seriously and channelized my frustration towards my studies. There was a big change in me
I started working very hard and transformed me from a poor performer of the class to the district 2nd topper of X exam 1996 supaul.
After that performance also some of my racist friends disparaged my success by saying, I must have some connection with the govt of Bihar.
Since the then cm of Bihar belongs to my caste.
I was very disappointed not by the disparagement by my friends but by thinking why I belonged to my class.
Then I started preparing very hard to prove that my performance of X was genuine.
I worked real hard and got through IIT JEE 2000.
I got a place in B-Tech chemical engg at IIT KGP.
I was apprehensive about-facing the same experience here also.
But I was surprised when no body asked me my caste there.
I was surprised from the environment there. No body really cared which cast I belonged to. No body at iit ever care from which religion or which cast one belongs to.
Feeling of equality was for the first time felt by me there.
I feel no place on the earth will be as secular and as racism free as iit
Slowly my feeling of inferiority because of my class started fading away. I started believing in equality of human.
I started loving people not based on their cast but based on their ideas. I forgot all the discrimination. I feel proud of living in such a great environment.
This place not only made me grow technically but also socially.
I am real secular I don’t only say it but also feel it.
But when one start feeling good about something in life god takes it away. Before this announcement of reservations I had started believing that India is growing not only economically but also socially.
I was feeling freedom from boundaries of caste and creed.
But suddenly our leaders asked me to feel that I am a backward.
They made me remember my childhood days.
Now it has become difficult for me to feel same as I felt before this announcement.
I am really worried for my alma mater.
I feel our leaders are going to spoil the haven on earth for their own benefit.
I would like to suggest one thing if all the leaders will be sent to iits then only they can know the real meaning of secularism what they keep on trumpeting around.
I will not mind if some of the seats of iit will be given to our leaders to make them understand the real meaning of secularism.
But now I am sure once they make reservations mandatory for admissions in institutes it will replace the equality with the hatred and discrimination.
I urge our leaders don’t do this to us.
Our generation has changed. Please don’t separate us on the basis of our birth.
Over which no one has any control.
We have started believing in equality, hard work and dedication for success.
Please don’t break our faith.
It will really spoil the unity of our nation. Please let the new generation of India live in a world where ideas matter not the birth class.
Plan your Investment
Plan your work and work your plan. In seven words, this sums up one of the best ways to be successful in life. And as investing is one of the important parts of our working life, this strategy can be extended here too. And as all good things in the investing world come in nice small packages, so does this plan. In investing jargon it is called asset allocation. This complex sounding terminology is all about having a plan. It is also about how to continuously manage this plan.
When an investor is young and with few liabilities, risk taking ability is at its highest. As one approaches middle age, liabilities tend to increase. Your risk-taking ability diminishes. Children's education, insurance and owning a home take precedence. Consequently, equity allocation should be less. After retirement, the lack of a salary severely curtails the ability to regularly invest. However, lumpsums received from provident funds and other sources have to be deployed to generate a steady income. Risk-taking ability is minimal at this stage. Preservation of principal is usually a pressing concern. Equity funds can be used to give a boost to overall returns. As returns from fixed income instruments have fallen over the past few years, the only way to boost returns is to veer towards equities. But this brings with it a whole new world of risks. In such a scenario, it is essential to understand one's ability to take risk.
And much of this flows from examining the existing financial status, earning potential and financial goals. An asset allocation programme factors in these requirements, thereby providing a personalised investment strategy. It is the most crucial step, which must be taken before contemplating any investment.
Thursday, May 25, 2006
Incom Tax calculator for 2006-2007
If anyone needs Incom Tax calculator for 2006-2007 please mail me at brijeshmarathe@hotmail.com. I'll also provide the investement planner along with that.
New Funds Slip Below Rs 10
Two tough weeks and suddenly new funds have started to look ugly. Of the 21 funds launched this year, 19 have slipped below Rs 10, eroding investors' money worth over Rs 2,400 crore. This is when majority of them are yet to deploy the money they raised during their NFOs.
Between May 10 and May 24, the BSE Sensex tumbled a little over 2,000 points or 16 per cent. New funds lost an average 15.31 per cent with five of them losing over 17 per cent. The worst hit are investors of Birla Infrastructure--the fund lost 17.72 per cent during the period. Newsmaker Reliance Equity fund lost 12.19 per cent with only 59 per cent of its portfolio invested in equities at April end.
Fidelity India Special Situations fund, that disclosed its first NAV yesterday, opened below par at Rs 9.73. Same is true for Templeton India Equity Income and Sundaram Rural India--the funds' NAV dropped to Rs 9.62 and Rs 9.82, respectively. ABN AMRO Future Leader fund, which had began its life at Rs 10.41 on May 11, has seen its NAV crash to Rs 8.97 yesterday, a drop of 13.81 per cent in a matter of just days.
Between May 10 and May 24, the BSE Sensex tumbled a little over 2,000 points or 16 per cent. New funds lost an average 15.31 per cent with five of them losing over 17 per cent. The worst hit are investors of Birla Infrastructure--the fund lost 17.72 per cent during the period. Newsmaker Reliance Equity fund lost 12.19 per cent with only 59 per cent of its portfolio invested in equities at April end.
Fidelity India Special Situations fund, that disclosed its first NAV yesterday, opened below par at Rs 9.73. Same is true for Templeton India Equity Income and Sundaram Rural India--the funds' NAV dropped to Rs 9.62 and Rs 9.82, respectively. ABN AMRO Future Leader fund, which had began its life at Rs 10.41 on May 11, has seen its NAV crash to Rs 8.97 yesterday, a drop of 13.81 per cent in a matter of just days.
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