Poor Economics – Petrol prices and diesel prices in major Indian cities

Petrol prices and diesel prices in major Indian cities Check this link if you want to know about the petrol prices in India. Also moat of it goes for tax. The real culprit for high petrol prices in India are the taxes. The problem is that we fail to ask how much petrol really costs. Let’s try some simple arithmetic. International crude oil prices are hovering around US$ 112.5 per barrel. That translates to about Rs 5,085 per barrel. Each barrel contains about 158.76 litres. So, effectively crude oil costs Rs 32 per litre. Now, add the cost of refining it to petrol or diesel. According to an oil company official, the refining cost is about 52 paise per litre. Read More …

Example of social Service – Medicines for all

This is a story I found in the Sunday Edition of Eenadu( A Telugu Daily). I am thinking to contribute to this noble cause.Mr Onkarnath Sharma, a blood bank technician by profession is the source for many daily wage workers in and around Delhi.He was actually inspired by an accident in Delhi. He saw these workers who were attended by doctors of a NGO and gave them some prescriptions. However, the treatment did not take place as the victims could not buy the medicines. His Operation is Simple. Every Day he goes out and asks the household for those left over medicines which are of no more use. he clearly explains that this will help the poor.Most of the residents Read More …

10 Simple Techniques to Make Most of Your Time

10 Simple Techniques to Make Most of Your Time Author: Ashok GroverHave you heard of this story which asks you to just imagine that you have a bank that credits your account each morning with Rs. 86,400 and does not carry forward the balance to next day? This also tells that at the end of each day, it deletes whatever money you have failed to utilize and makes the balance zero. What do you think; would you do in such a situation? Of course, utilize the entire amount to last penny! Ah! You are not a stupid to let all this money go down the drain.Now, stop for a moment. Don’t you think you already have such an account called Read More …

How to handle the unwanted calls from Tele Marketing Companies

Unsolicited calls is a very big menace recently. On an average I recieve at least 2 calls on  from HDFC  Bank and at least 2 calls from TATA AIG per day. I am not sure if these are bringing any business to these companies but certainly getting bad name to the company. There are others too in this crap. Barclays bank Personal loans, Citi Bank, and Bharati AXA, and more insurance companies. Normally I would ask the sweet voiced female(yes Mostly it is females – I have nothing against females, May be these companies use them in case the person called gets cool not to be harsh.) Here is how i handle these calls, though a lot depends upon my Read More …

Usage of Credit Card- Some tips

These days every day you get a call from some xyz bank offering you  a credit card free for life. Before accepting the offer you must carefully consider the problems associated with credit cards.If used with Discipline, A Credit Card is an excellent tools. It helps you for net banking, great discounts, reward points etc. But there is a line here. Most of these discounts will drive you to spend more than you actually can.Another way the card can harm you is the rollover facility. You buy 10K and pay 500. If you do that, the pain starts. Most of the cards charge about 41% annual interest on the card roll over. though there are illustrative examples everywhere, it is Read More …

Unwatend calls from Telemarketing companies

Recently this unwanted calls has become a menace in Bangalore. I am not sure of other cities.I recieve at least 2 calls on an average from HDFC  Bank and atleast 2 calls from TATA AIG per day. I am not sure if these are bringing any business to these companies but certainly getting bad name to the company. I feel these companies should feel shame for letting these people use their names and not apologize. How to handle these is sometimes tricky. You are in the middle of a business meeting and the phone rings. you get irritated.  Normally i handle these  in different moods.  1. Say a polite NO 2. Shout at the callers. 3. Ask them for a Read More …

3. How to Clean a Spark Plug

Step1.  First remove the Spark Plug  from unit  and  check spark by connecting Ignition Module wire to small end of spark plug allow large end to touch the body of the unit.  pull the starter rope if have blue spark plug is good if not continue to next step. Step 2.  if there is no spark you will need to clean spark plug.  first take fine grit sand paper or emery cloth to all metal surfaces of large threaded end of spark plug till you see silver metallic color. Dip large threaded end of spark plug in bottle cap of gas, then lay on nonflammable surface and light it. Allow to burn out and cool this will get rid of all carbon build up Read More …

Extreme Super Moon–Is it going to create chaos on the earth?

The Moon will be closest to Earth in almost 20 years. Some fear that earthquakes, volcanic eruptions, and other disasters will follow On March 19th, the moon will travel as close to earth as it’s been in nearly 20 years, The astrologers are alarmed , but not the scientific community Watch  the night sky on March 19, also called as the evening of the extreme Super Moon, when the lunar sphere comes as close as it ever has, or will, to Earth. The astronomical event will be followed by catastrophic storms, earthquakes and other natural disasters the astrologers say. The discussion on this goes this way A “Super Moon”- What is it?The unusually large full moon that earthlings see when Read More …

Betting in India

Betting is banned in India. Every day during the major sports events like Cricket world cup, you will find the news channels go abuzz with news of how many are caught, what is the amount recovered etc. Even the biggest of biggies in India seem to be involved in this. we call this racket. Should India ban the betting. if you ban it, you are creating another channel for the black money and another way of earning bribe for the enforcement agencies. It would always be better to permit and regulate any industry which has every means to bypass the rules. By legalising and regulating, we can generate more employment and proper checks and balances. One strange thing i found Read More …

How to Approach your contacts

These are the times of recession. One must try to rope in all the resources together for finding a new job. You may be the one unfortunate guy whose company could not weather the storm. Yes, I mean it. The loss of Jobs in the current scenario are not the fault of individual. It is the employer who could not sustain himself. How to gt out of this messy situation even though you are not responsible. One may be your old pals. It’s a good rule of thumb to keep in touch with your contacts. i.e. I always send all of my contacts greeting cards around the holidays just to say hello, let them know what I am up to, Read More …