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51.Banks have exposure of Rs8,000 cr to Raju family cos (www.livemint.com)
The central bank, however, is unlikely to tell the banks it regulates what should be done about these exposures
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52.Facebook v/s Twitter (venturebeat.com)
Another article on Facebook v/s Twitter. I decided to include these two because they are the defining websites of the Web 2.0 era and are increasingly going mainstream. Some understanding of how these two are perceived might be important, esp since most of you are in any way on FB/Orkut/Twitter etc.
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53.Panel: Social Network/Mobile Match Inevitable (redir.internet.com)
Mobile technology will advance, but it's the broader adoption of smart phones and similar devices that will make social networking more common for mobile users.
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54.
Wake Up Call: Facebook Isn’t A Safe Haven (www.techcrunch.com)Facebook just turned 5 years old. But a week that should have been filled with reflection and good times was instead marred by a series of breaking news reports detailing sex scandals, phishing, and other malicious activity on the world's largest soci...
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55.A UN envoy in Myanmar - Knock, knock (www.economist.com)
A concise article on Myanmar. Will be adding a few more in the coming days.
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56.Chief Election Commissioner: equal or superior? (www.hindu.com)
The Chief Election Commissioner has hit the headlines recently. Therefore it may be apposite to find out the actual legal position of the CEC in relation to Election Commissioners. Article 324 of the Constitution provides the answer.
Justice S. Mohan, a retired Judge of the Supreme court looks at the issue. -
57.Charles Darwin's revolution is unfinished (www.economist.com)
THE miracles of nature are everywhere: on landing, a beetle folds its wings like an origami master; a lotus leaf sheds muddy water as if it were quicksilver; a spider spins a web to entrap her prey, but somehow evades entrapment herself. Since the beginning of time, people who have thought about such things have seen these marvels as examples of the wisdom of God; even as evidence for his existence. But 200 years ago, on February 12th 1809, a man was born who would challenge all that. The book that issued the challenge, published half a century later, in 1859, offered a radical new view of the living world and, most radical of all, of humanity’s origins. The man was Charles Robert Darwin. The book was “On the Origin of Species”. And the challenge was the theory of evolution by natural selection.
Even after all these years evolution has failed to find general acceptance outside the scientific world. Few laymen would claim they did not believe Einstein. Yet many seem proud not to believe Darwin. Even for those who do accept his line of thought his ideas often seem as difficult today as they were 150 years ago.
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58.Why Yahoo Japan Is Worth Nearly As Much As Yahoo (www.techcrunch.com)
Having just posted an article on how Google is using "dirty" pay-per-post techniques to try and upstage Yahoo in Japan, I thought I'd post this Aug. 2008 article about how and why Yahoo is No. 1 in Japan. Interesting read.
A few people have asked me if questions about the Web could be asked in interviews. The feeling I guess is, do the old foggies who do the interviews know enough about it to ask us questions? ;-)
My response is simple - some of you (to be more accurate some of the ones whose mock interview I have conducted) tend to talk of surfing the web as a hobby or the Net as a passion. In such cases it is better to be aware of how things are in that world. -
59.Pakistan and the Mumbai killers - Getting serious in Pakistan (www.economist.com)
The Economist in this article says, "UNUSUALLY, Pakistan may be about to give the world a pleasant surprise. Speaking to The Economist, a senior Pakistani official reinforced a recent impression that Pakistan has at last launched a serious investigation into last November’s devastating terrorist attacks in Mumbai, which India and Western governments have blamed on a banned Pakistani Islamist militant group, Lashkar-e-Taiba." Really!! The proof of the pudding lies in the....
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60.A $ 9.7 Trillion commitment (www.bloomberg.com)
The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation’s home mortgages.
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61.Google Japan Buys Dirty Pay-Per-Post Links (asiajin.com)
Google is undoubtedly the dominant search engine globally, but in a few countries such as Korea (Naver), Russia (Yandex) or Japan, local competitors are winning. Especially Japan, the country with the world’s third biggest Internet population (about 100 million people are online), still seems to be a tough nut to crack for Google.
Nielsen Japan reports that in October 2008, Yahoo Search saw a total of over 3.5 billion page views, while No. 2 Google trailed with 2.6 billion page views. According to a Comscore Japan ranking released in September 2008, Yahoo ruled the Japanese search engine market with a share of 51.2% (Google reached 39.0% in that month).
Google Japan is now using a tainted and controversial social media optimization method called pay-per-post, provided by CyberBuzz. Er... DO NO EVIL.... Google remember this slogan?
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62.Does a Big Economy Need Big Power Plants? (freakonomics.blogs.nytimes.com)
Amory B. Lovins is the energy maven's energy maven, viewed variously as a visionary or a heretic in his assessments of how the U.S. and the world should be generating and using energy. More specifically, he is the chairman and chief scientist at the Rocky Mountain Institute.
This article is an interesting look at power generation, albeit from the US perspective, in a large economy. -
63.5 Points on the Critical State of the Economy (www.huffingtonpost.com)
Jeffrey Sachs writes a concise piece about his general assessment of where the US is from an economic point of view.
Jeffrey Sachs is an American economist and Director of the Earth Institute at Columbia University. He was one of the youngest economics professors in the history of Harvard University and became renowned for his work on the challenges of economic development, environmental sustainability, poverty alleviation, debt cancellation, and globalization.
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64.How Amazon.com is thriving in a horrendous retail climate (www.slate.com)
The one bright spark in a very gloomy US retail environment.
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65.
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66.Some unhappiness in a lot of joy (www.equitymaster.com)
A study (written about in the Times of India a few weeks ago) concluded that women have better sex when they are with rich men. And this leaves them more fulfilled and complete in some way. The logic, explained one of the women, is that when you are with... Trust me this is not an article on sex... But it is interesting nevertheless.
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67.Who's Worried About Facebook? Not Twitter (gigaom.com)
On Friday, Facebook released a series of upgrades to its platform, allowing developers access to many core functionalities, such as Facebook Video and Notes, and giving them the ability to integrate them into their applications. But it was the opening ...
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68.The Business Of Food Tours (www.businessworld.in)
NEW INITIATIVES
The Business Of Food Tours
Indian farmers are beginning to see the fruits of agri-tourism. -
69.Governance Institutions and Development (www.rbi.org.in)
P. R. Brahmananda Memorial Lecture by Avinash Dixit of Princeton University:
Economic governance comprises many organizations and actions essential for good functioning of markets, most notably protection of property rights, enforcement of contracts, and provision of physical and informational infrastructure. In most modern economies, governments provide these services more or less efficiently, and modern economics used to take them for granted. But the difficulties encountered by market-oriented reforms in less-developed countries and former socialist countries have led economists to take a fresh look at the problems and institutions of governance. In this lecture I offer a brief and selective look at this research, and attempt to draw a couple of conclusions that may be relevant to India today -
70.Too many moving parts (www.economist.com)
Politicians are desperate to support domestic car industries—but these days there’s no such thing
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71.Financial globalisation goes into reverse - Homeward bound (www.economist.com)
A great financial retrenchment is under way, the product of both market forces and political pressure on banks to lend at home rather than abroad.
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72.Audio: More on the Financial Crisis (www.publicbroadcasting.net)
2008 Nobel Prize in Economics winner Paul Krugman talks with Steve Paulson. Paul Krugman won the 2008 Nobel Prize in Economics and teaches at Princeton. His latest book is "The Return of Depression Economics and the Crisis of 2008." 10 min 45 secs.
Also:
Stephen Marglin explains why insurance undermines community. Katy Lederer writes poetry inspired by economics.
Steven Levitt has an alternate view on what drives the economy. Catherine Austin Fitts advocates equitable and ethical investing. -
73.Hairstyles and finance: the long and short of it (www.independent.co.uk)
US economist George Taylor came up with the "hemline index" - the idea that when the economy is good, women's skirts get shorter, and when times are hard hemlines fall. Now the fashion world has finally offered up an alternative indicator of the country's economic state. Cropped, bobbed or floor-sweeping, the length of women's hair may no longer be seen as a result of the vagaries of fashion, but as an accurate barometer of the nation's wealth.
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74.Bond guru's prescription for the economy (www.equitymaster.com)
In this issue:
Ford continues its selling spree
19 m homes remain unoccupied in the US
Global trade in peril
Recession a boon for booksellers
...and more! -
75.The Keynes Strategy (www.businessworld.in)
The Keynes Strategy:
Encouraging public borrowing and keeping money in circulation can help overcome the current crisis
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