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Showing posts from August, 2010

What do you Like?

Roll over wheel, the greatest invention in the history of mankind is now the Facebook's humble "Like" button. The creators of this button would never have thought that it would lead to such mind-boggling revenue and precious data generation for Facebook. Nor would they have thought that it would be used for anything else other than showing your approval for somebody's status message or link. The Like button now encompasses all the colors of emotions; love, jealousy, anger, frustration; you name it. There are various websites urging you to "Like A Like" completely oblivious of Shakespeare turning in his grave on hearing this. The Like button enables you to deconstruct a person's entire psyche if you go through his/her likes. It has served as tool for flattery (in case of your boss) or impressing (a boy/girl).  Some likes are philosophical - "I want my lyf 2 b a book so dat i can tear those pages whch i dnt want". Never mind the fact that no on

India's Finest

In the backdrop of US arm-twisting India on the Dow issue , it becomes extremely important that the government remains much more careful while passing the Nuclear Liability bill. Alas, this is not the case. Manmohan Singh and Co. seem determined to sell Indian lives at throwaway prices for benefit of US companies. India has an ambitious and indigenous nuclear power program to achieve the goal of 20,000 MW electricity produced by nuclear energy by 2020 which will be further increased to 60,000 MW by 2032. Thus India will produce 25 percent of its electricity from nuclear power plants by 2050. To meet these projections, India would need a major FDI in nuclear energy. This would be provided by US companies like  General Electric and Westinghouse by way of supplying and building the nuclear power plants while the operator will be government controlled Nuclear Power Corporation of India Limited ( NPCIL ). All over the world, the Nuclear Liability bill (or its variation) caps the financ