Wednesday, April 20, 2011

India News

Fire broke out in the prestigious Rajdhani train from Bombay to Delhi (http://articles.timesofindia.indiatimes.com/2011-04-19/india/29446504_1_pantry-car-passengers-train). An alert pantry car employee woke up sleeping passengers and saved their lives. While this is very nice that lives were saved, what caused the fire in the first place? What kind of systems or processes went wrong? How many such issues could happen in the future? Who is looking at these?

Monsoon is expected to be normal this year (http://timesofindia.indiatimes.com/india/Itll-be-a-normal-monsoon-this-year-forecasts-Met/articleshow/8032943.cms) as per the meteorological department. That is good for the economy in India (not to mention relief from the heat). The NIFTY index is already at 5800 and the Price to Earnings ratio of NIFTY companies is 21.65, fairly high already. And if companies' 2011 Q4 results turn out to be decent we are looking at a P/E touching 25 by Q2 of 2011-2012.

India doctor wins Pulitzer prize for his book on cancer (http://timesofindia.indiatimes.com/world/us/Another-malady-another-Pulitzer-Indian-Docs-book-on-cancer-wins-prize/articleshow/8029070.cms). Let's hope that doctors are able to find a cure for and eradicate cancer in the near future.

I had earlier written about harassment of Indians (students, largely) in Australia (http://vbala99.blogspot.com/2011/03/studying-abroad.html). Today I read that a teenager pleaded guilty to the killing of an Indian student in Melbourne (http://timesofindia.indiatimes.com/nri/other-news/Australian-teen-pleads-guilty-to-killing-Indian-student-Nitin-Garg/articleshow/8034543.cms). While I appreciate the fact that the they have identified the killer (something that would take ages in India), I still wonder why hordes of Indian go to a place where they are obviously not welcome. Quite interesting is the recording of the conversation between the boy (who killed the Indian student) and his mother.

Both parties are confident of winning in the recent election in Tamil Nadu (http://timesofindia.indiatimes.com/city/chennai/With-fronts-hopeful-of-victory-lobbying-starts-for-ministries/articleshow/8031938.cms). The results will be announced on May 13. I have all fingers in my mouth. Between a rock and a hard place. That's how it is. No matter who wins the election.

Another rocket launched (http://www.bbc.co.uk/news/world-south-asia-13141562) which would help research. 

A realistic vendor of old comics in Mumbai sells books at a discount (http://www.thehindubusinessline.com/todays-paper/tp-others/tp-variety/article1710474.ece). He has his own interesting reason for this.

Pretty good overall.

1 comment:

  1. hmm, nice to read about all in a nutshell.
    I did read about cancer book, 'The emperor of all maladies.' Thinking whether or not, this book would be worth reading!
    I read about a chopper crash in Tawang area of Arunachal Pradesh. Six survived including pilots and 17 died. The chopper was used for civilians.
    Thats not so pretty, and I used the same Pawans hans when I was there.
    Thanks

    ReplyDelete

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