Archive for July 24th, 2007

Weakening dollar, Strengthening rupee – DOUBLE whammy

Posted by abyjain on July 24, 2007

We came to the UAE about 5-6 weeks ago, cannot sit and calculate the exact time frames right now. The irony (b@#$h) of it is, that the rupee has been rising for the past few months, beginning before we left and now continuing unabated. Sadly, our salaries are denominated in Dirhams now, so effectively they are going down. Most of the Indians in the Gulf come with an overall aim of taking money back to India sooner or later. The rupee, that they have seen perhaps at levels of 13 (12 easily) is now down to just about 10+ and further doom is predicted. Why, oh why do the economics of the world always work against me. Whether it is the stock market, currencies or loans!!!

It was soooo bugging to see the economictimes.com article stating the “years” highs that the rupee is achieving. waahhh!!!

Good times to be in India, surely! More shopping, more trips abroad! Less prices for all these imported goods. I am sure my last employer (IBM India) is also laughing all the way to the bank. But maybe not as IBM India also provides a lot of these offshore services like TCS, Infy, Wipro, Satyam! Whatever.

Posted in India, Money | 2 Comments »

Corrupt Mumbai Police Officers & Bank Managers

Posted by abyjain on July 24, 2007

I’m not really sure about the facts of the case mentioned below, but it seems like this man has been harassed so bad by the Mumbai police that he is determined to get his dues back. Obviously I support him (hope there is no fraud within the story), and I can do my bit by raising awareness for such issues through my very limited efforts. The link is provided below, and by clicking “next” at the bottom of each page you can go through a number of letters he has written to the senior cops.

I wonder if there is more information and if it finally got resolved… I guess it is ongoing as per the site he has developed.

Corrupt Mumbai Police Officers & Bank Managers

Blogging has become quite a strong tool all over the world to influence decisions and for the public to raise their voice. We should do the same in India. It’s definitely not going to be up to people like me as

a) I’m not such a great writer

b) I’m not even residing in India (maybe it makes a difference, maybe not)

So lets pull up our socks and contribute a little bit back to the world and make it a better place… for you and for me and the entire human race (heal the world – michael jackson)

Posted in Corruption, Global awareness, India | 1 Comment »

Nice! when you take the time to read them…

Posted by abyjain on July 24, 2007

A young boy enters a barber shop and the barber whispers to his Customer,
“This is the dumbest kid in the world. Watch while I prove it to you.”

The barber puts a five rupee coin in one hand and two one rupee coins(1+1=2) in the other, then calls the boy over and asks,
“Which do you want, son?”

The boy takes the two one rupee coins and leaves.
“What did I tell you?” said the barber. “That kid never learns!”

Later, when the customer leaves, he sees the same young boy coming out of
the ice cream store. “Hey, son! May I ask you a question?
Why did you take two one rupee coins instead of five rupee coin?”

The boy licked his cone and replied,

Posted in Forwards | Leave a Comment »