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Showing posts from September, 2013

Unveil the N-deal !!

He blinked and all others bowed down. This is how Uncle Sam has dominated over the rest of the world. Being the greatest supplier of nuclear energy, America has never hesitated in asserting their supremacy and we have yet another example to prove this fact.  When India showed their disinterest in amending Section 17(b) of the Civil Nuclear Liability and Damages Act, 2010, America didn't give a favourable reaction. This statement of the law has been an obstacle in the alliance between NPCIL(Nuclear Power Corporation of India Limited) and Westinghouse Electric house company based in the US. The US firm claims that this section is not in conformity with the international norms which boldly state that the loss in case of an accident has to born by the operator. They stand by their opinion that no provision will take place unless the clauses are relaxed.  This friction seems to add to the already persisting and existing disgruntlement between the two trade partners.  Apart

Good Guy and Bad Bullies --- The Story of Mr. ₹ !!

This is for that little one who has been getting low scores in its marksheets and unable to prove his abilities to his mentors. Even though his mother, Ms. RBI, has slogged day and night to tame the decline in his scores, he is finding it difficult to show up! These days, Mr. ₹ is undergoing a tough phase of his business cycle. His main papers like "GDP growth" and "Interest rate theory" have never been his forte. He has specifically lost maximum marks in one of his concurrent courses named "Current Account Balance". He hates to study it and would rather go to buy his gold toys (inelastic demand for the much-wanted medallion). Mr. ₹ believes that marks and scores are all damned lies and are not a true reflection of his capabilities. Seeing this, his mother has put so many restrictions but Mr. ₹ continues to invest in gold toys. Thus, she is also extremely tensed about her son's performance and therefore trying all policy mixes with him. Till the month