Quick notes: Temple gold, No-growth economy...
- Kaangress should use temple gold to build a psecular India, expert suggests:
The Tirupati Trust Foundation has 1,700 tonnes of gold, which is about five per cent of all the gold held in India. This comes to between $1.5 trillion and 1.7 trillion - that's right, trillion. These, by the way, are assets - it is money we Indians own. And, given that they are foreign currency assets, it is hard to understand why we have a foreign exchange problem. The finance minister and the governor should offer the Tirupati trustees annual earnings of, say, Rs 3,000 crore (two per cent interest on 500 tonnes of gold) plus savings of the cost of storage of the gold.
- India has become the "least favourable market", and it now makes business sense to exit and export from China, Finnish major Nokia has told the government. Nokia cautioned that the political risk of operating in India may impact future investment decisions.
- Constable alerts rapist: Qasim, after having committed the crime along with
four of his friends, was watching TV at his hutment in Agripada when a constable named Mujawar called him on his mobile phone. "The policeman asked him where he was and said he wanted to make some inquiries," Qasim's mother, Chand Bibi, told ToI. Qasim immediately changed his shirt, borrowed Rs 50 from his mother and left. He has been untraceable since.
- Silicon Valley can’t save America’s no-growth economy. High-tech solutions cannot and will not prevent America’s economic growth’s collapsing
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