Sunday, August 20, 2017

Jaitley: New Bankruptcy Laws Should Protect Assets, Not Destroy Them

As Arun Jaitley has explained, India's new insolvency laws must protect the valuation of assets, rather than wastefully letting assets lose value:


https://www.forbes.com/sites/timworstall/2017/08/20/arun-jaitleys-right-indias-new-insolvency-laws-protect-business-assets-not-destroy-them/


How we clean up the inevitable mistakes in an economy is important and as Jaitley says, doing so before business assets devalue to nothing is the point and purpose of an insolvency and bankruptcy system--India's system is getting better by being faster.


NRI Kids Turning into Lefty Street Trash

CNN had a recent feature story on the Antifa movement ("Anti-fascist"), and they showed yet another lost generation embracing street violence as their calling. What caught my attention was some NRI kid they did a profile on:

http://www.cnn.com/2017/08/18/us/unmasking-antifa-anti-fascists-hard-left/index.html

Saturday, August 19, 2017

Quick notes: Competing over Nepal, Ancestry testing...

  • Nepal uses India-China rivalry to fund its railway network: Delhi is funding the reconstruction of the Janakpur line that will allow it to connect to the rest of the subcontinent's expansive rail network. Beijing pledged USD 8.3 billion to build roads and hydropower plants in Nepal, dwarfing India's commitments of USD 317 million.  Feasibility studies are also underway for a Beijing- backed railway connecting Kathmandu to Lhasa in Tibet, cutting straight through the Himalayas at an estimated cost of $8 billion. 


  • China refuses to share hydrological data: China has also blocked a tributary of the Brahmaputra river in Tibet as part of the construction of its hydro project, which is causing concern in India.


  • Leaking data: Government asks 21 smartphone makers, most of them Chinese, to share security information. 


  • Defense tech: China's making major progress with its aircraft carrier tech


  • Racial purity: White supremacists have stumbled into a huge issue -- Genetic Ancestry Testing


  • Violation of anti-smoking laws: Govt threatens Philip Morris with ‘punitive action


  • Winning the meeting:
http://dilbert.com/strip/2017-08-18


Friday, August 18, 2017

Après Bannon, le Déluge?

Departing Whitehouse strategist/advisor Steve Bannon has given an interview saying the Trump presidency "is over":




Bannon's friends are saying that he's now ready to "go nuclear", unleashing attacks on other Trump advisors and GOP moderates who are insufficiently reform-minded and too entrenched in status quo politics:

https://www.theatlantic.com/politics/archive/2017/08/bannon-unleashed/537381/

“He’s going nuclear,” said another friend. “You have no idea. This is gonna be really fucking bad.”

This could work in India's favor, given that America's status quo politics, including its Deep State, are totally anchored in Atlanticism, giving priority to perpetual confrontation with Russia over real dangers like the twin threats of rising Islamist militancy and Chinese hegemony.

http://www.politico.com/magazine/story/2017/08/18/why-bannon-lost-globalists-won-215506

Steve Bannon Out at Whitehouse

Donald Trump has removed Steve Bannon from his role in the Whitehouse administration:

https://www.washingtonpost.com/politics/trump-decides-to-get-rid-of-white-house-chief-strategist-stephen-bannon/2017/08/18/98cd5c40-8430-11e7-902a-2a9f2d808496_story.html


This is too bad - like Flynn, he had an ideological tilt that was very beneficial for India, including a strong tilt against Islamic fundamentalism and Chinese expansionism.

https://www.washingtonpost.com/news/wonk/wp/2017/08/17/think-what-you-want-about-steve-bannon-but-hes-got-a-good-point-on-china/


His departure could mean a deepy and possibly fatal wound for the Trump administration, since Bannon was a key favorite among the nationalists who form Trump's base. Bannon had apparently already submitted his resignation on August 7, so his recent leaked remarks to the media were made in the wake of his own departure decision. Breitbart's news site are of course close surrogates of Bannon, so their reaction is likely to be highly critical of Trump.

On the other hand, Bannon will be back to cultivating his media-driven movement again:

https://www.washingtonpost.com/politics/bannons-next-move-a-return-to-breitbart-news-with-more-reach-than-ever/2017/08/18/3502d18c-843e-11e7-b359-15a3617c767b_story.html

https://www.axios.com/bannons-next-move-2474479917.html

India Supplying BrahMos to Vietnam

In a bold move, the Indian govt has decided to sell the BrahMos supersonic anti-ship cruise missile to Vietnam, and the first batch has already been received by them:

http://defenceaviationpost.com/brahmos-chinese-backyard-vietnam-acquires-supersonic-cruise-missiles-india/





BrahMos is a 1-shot-1-kill weapon -- once the missile comes into detection range, the target has less than 6 seconds to react.

https://bharatkarnad.com/2017/08/18/finally-vietnam-has-the-brahmos/

Thursday, August 17, 2017

Bannon Trying to Re-Shape USA's Asia Policy

Trump's policy strategist Steve Bannon is trying to re-shape America's policies towards Asia, as he works to oust those whom he feels represent the status quo:

https://www.theatlantic.com/international/archive/2017/08/bannon-interview-thornton/537189/

“I’m changing out people at East Asian Defense; I’m getting hawks in,” Bannon told The American Prospect, a liberal magazine, in a candid interview. “I’m getting Susan Thornton [acting head of East Asian and Pacific Affairs] out at State.”
At issue in the interview are Bannon’s views toward China—“We’re at economic war with China”—and what he sees as its inadequate help reining in North Korea. (“On Korea, they’re just tapping us along. It’s just a sideshow.” He also said he doesn’t believe there’s a military solution for North Korea.)

http://www.politico.eu/article/steve-bannon-white-house-vows-to-shake-up-staffing/

“To me,” Bannon said, “the economic war with China is everything. And we have to be maniacally focused on that. If we continue to lose it, we’re five years away, I think, 10 years at the most, of hitting an inflection point from which we’ll never be able to recover.”
Pushing his get-tough-with-China approach is “a fight I fight every day here.” At least part of his strategy, he said, would be to change out staff members at the State Department and Department of Defense, specifically naming one official he planned to remove.

http://www.scmp.com/news/world/united-states-canada/article/2107132/bannon-says-us-being-crushed-china-economic-war-he

https://www.ft.com/video/223f875c-cb61-4a71-aace-b94d52e312a4

China State Media Lampoons Indians

China's official state news service, Xinhua, has put out a video featuring an ethnic caricature of Indians while discussing the issue of the Doklam dispute:

https://www.washingtonpost.com/news/worldviews/wp/2017/08/17/chinese-state-media-made-a-racist-video-about-india-and-is-censoring-its-critics/

http://www.bbc.com/news/world-asia-china-40957719


The video features a Chinese actor in costume mimicking an Indian accent

Stay classy, China. 😒


Meanwhile, Congress mouthpiece Prem Shankar Jha attempts an even worse caricature:

https://thewire.in/168526/narendra-modi-india-bjp-shah/

Tuesday, August 15, 2017

China Border Threat

Another Chinese border incursion has occurred - this time in Ladakh:

http://www.ndtv.com/india-news/at-ladakh-lake-india-china-stand-off-lasted-2-hours-10-facts-1738087


Brahma Chellaney warns that China certainly wants war:

http://www.dailyo.in/politics/china-war-xi-jinping-doklam/story/1/18991.html

Quick notes: Chinese imports, Beef in cereal...

  • Imports of electronics and IT products from China:  "Many of the devices transmit, or store, data back into Chinese servers, which could pose a security risk. Also, online transactions using many of these devices and platforms can be tracked back to Chinese servers, which can create security issues for the country".


  • Sigh!: India’s exports to China include iron ore, cotton yarn, petroleum products, copper and chemicals, while imports include telecom instruments, electronic components, computer hardware, industrial machinery and chemicals.


  • Hindus offended: Gelatin derived from beef is used in a variety of Kellogg cereal products.


  • White Jesus: Too many Christian pastors are silent on Charlottesville violence


  • Sikhs in America: For more than a century, Sikhs in the U.S. have faced hate and violence.


  • On Hinduism:
    Hinduism gave itself no name, because it set itself no sectarian limits; it claimed no universal adhesion, asserted no sole infallible dogma, set up no single narrow path or gate of salvation; it was less a creed or cult than a continuously enlarging tradition of the God ward endeavor of the human spirit. An immense many-sided and many staged provision for a spiritual self-building and self-finding, it had some right to speak of itself by the only name it knew, the eternal religion, Santana Dharma.

    Now just here is the first baffling difficulty over which the European mind stumbles; for it finds itself unable to make out what Hindu religion is.... How can there be a religion which has no rigid dogmas demanding belief on pain of eternal damnation, no theological postulates, even no fixed theology, no credo, distinguishing it from antagonistic or rival religions? How can there be a religion which has no papal head, no governing ecclesiastic body, no church, chapel or congregational system, no binding religious form of any kind obligatory on all its adherents, no one administration and discipline? For the Hindu priests are mere ceremonial officiants without any ecclesiastical authority or disciplinary powers and the Pundits are mere interpreters of the Shastra, not the law-givers of the religion or its rulers.

    How again can Hinduism be called a religion when it admits all beliefs, allowing even a kind of high-reaching atheism and agnosticism and permits all possible spiritual experiences, all kinds of religious adventures? -- Sri Aurobindo, India's Rebirth

Saturday, August 12, 2017

Quick notes: Border patrol, HCCI engine...

Friday, August 11, 2017

Sundar Pichai - Google's Own Manmohan Singh?

In a scathing piece in the New York Times, columnist David Brooks says that Google CEO Sundar Pichai should step down following his firing of an employee for remarks on women during a discussion of why certain groups (eg. women) are less prevalent in the software industry:

https://www.nytimes.com/2017/08/11/opinion/sundar-pichai-google-memo-diversity.html


"....this episode suggests he should seek a nonleadership position."
Gee, that sort of sums up how exasperated Indians felt with Manmohan Singh.

US Trade Crackdown on China Coming

The Trump admin is about to launch a series of measures against China as part of a trade crackdown on the country, spurred in part by Beijing's lack of effort in bringing its client North Korea to heel:


http://www.politico.com/story/2017/08/11/trumps-china-trade-crackdown-coming-monday-241558


India should watch and take notes on the effectiveness of US measures against China, given the latter's role as Pakistan's military patron (and now economic patron as well).

Wednesday, August 09, 2017

India Accused of "Weaponizing" Pilgrimages

An article by an Indian Lefty accuses India of "weaponizing" pilgrimages:

http://foreignpolicy.com/2017/08/09/india-is-weaponizing-its-spiritual-tourists/

I say 'Go For It' - and change Article 35A while you're at it.

Implantable Chip Induces Stem Cell Healing

An implantable chip has been developed, which can convert ordinary cells into stem cells of any tissue type, enabling rapid wound-healing:

https://news.osu.edu/news/2017/08/07/regenerative-med-study/



Tuesday, August 08, 2017

US to Confront China as North Korea Creates ICBM Warhead

North Korea has developed miniaturized nuclear warheads needed for an ICBM strike on the United States, US analysts are now saying. The rogue regime controls up to 60 nuclear weapons - enough to overcome US defenses. An alarmed US is seeking to confront China over its North Korean surrogate.

https://www.washingtonpost.com/world/national-security/north-korea-now-making-missile-ready-nuclear-weapons-us-analysts-say/2017/08/08/e14b882a-7b6b-11e7-9d08-b79f191668ed_story.html







Quick notes: Air power, Bleeding burger...

Monday, August 07, 2017

China's Position in Indian Ocean

How would India and China do against each other in a naval conflict in the Indian Ocean?

http://foreignpolicy.com/2017/08/07/who-will-win-the-sino-indian-naval-war-of-2020/

China's new base in Djibouti puts it right on a strategic choke point near the mouth of the Red Sea:



iims and faculty backgrounds by jati

we have heard of the infamous #googlememo

here's interesting information about iim faculty.

i'm not making any value judgments, merely providing data.


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sent from samsung galaxy note3 neo, so please excuse brevity

Fwd: Charlene Chu has her estimate of USD33trn debt for China



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Sunday, August 06, 2017

Fwd: Oursanskrit.com : Lesson 19 published

here's a series of lessons from my good friend parameswaran namboodiripad. please follow them. 
---------- Forwarded message ----------
From: paramu kurumathur


Dear all,

 

https://oursanskrit.com/2017/07/24/lesson-19-athematic-verbs-classes-5-and-8/

 

 

https://www.youtube.com/watch?v=0Jlhas7_itU

 

Forward to your contacts who may be interested.

 

Regards

 

 

Sent from Mail for Windows 10

 

From: paramu kurumathur
Sent: 09 July 2017 11:06
To: Rajeev Srinivasan; Shalini Puthiyedam; PN Namboodiri
Subject: Oursanskrit.com : Lesson 17 published

 

 

https://oursanskrit.com/2017/07/09/lesson-17-athematic-verbs-2/

 

https://youtu.be/Og7ESbCHpFQ

 

Regards

 

 

Sent from Mail for Windows 10

 

 

 




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sent from samsung galaxy note3 neo, so please excuse brevity

Saturday, August 05, 2017

Vijender Singh Defeats China's Zulpikar Maimaitiali in WBO Title

India boxing champ Vijender Singh has defeated China's Zulpikar Maimaimtiali to win the unified WBO Asia Pacific and Oriental Super Middleweight title:


http://www.hindustantimes.com/other-sports/vijender-singh-vs-zulpikar-maimaitiali-wbo-title-bout-boxing-live-score/story-mEO9M4pfyEuuJ8DuQwVAHM.html






Calling for peace at the India-China border, Singh then returned the belt he'd won back to his Chinese opponent.

http://www.news18.com/news/sports/vijender-singh-speaks-for-peace-on-india-china-border-returns-belt-1483801.html

Friday, August 04, 2017

the world according to...

http://metrocosm.com/how-we-share-the-world/?ref=tw

click on the circles to get different perspectives

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Fwd: Is there a demographic component to the proxy war in Kashmir?


---------- Forwarded message ----------
From: Anjaneya Bajaj <

Dear Colleague,

Fertility Tables published by Census 2011 indicate that the annual number of births in Kashmir Valley has doubled since Census 2001. There were 85,157 live births in the Valley in the year preceding Census 2001, that number has risen to 1,76,673 in 2011. This abrupt rise is restricted only to births in the Valley. In Jammu region, number of births has increased by only 19.3 percent, which is somewhat less than the rise in population of that region. In Ladakh, number of births has declined by nearly a third.

 

Of the children born in the valley 99.13 percent are Muslim. The spurt in live births in Jammu and Kashmir is thus limited to the Muslims in the Valley. The rise is such that an average Muslim woman in the Valley can now expect to produce 1.34 extra children over her lifetime compared to what she could have expected in 2001. Such a drastic change in the fertility rates over a period of just one decade is indeed surprising.

 

Census provides one more measure of fertility: number of children in the 0-6 year age group per hundred of the population of different communities. This measure also confirms the sudden rise of fertility in the Muslim community of the Valley. Census 2001 counted 14.64 children per hundred of population among them, the ratio in 2011 is 17.83. Thus, compared to 2001, there are 3.2 more children per hundred of the population among Muslims there.

 

There has obviously been a great spurt in the fertility of Muslims in the Valley. Such a drastic rise in the fertility measures is unlikely to happen spontaneously. The numbers do indicate a systematic, concerted and successful effort among the Muslims of the Valley to have more children. Surprisingly, no indications of such an effort have emerged in the public domain.


In view of the great significance of these numbers, we have collated the relevant data in the note below:

http://blog.cpsindia.org/2017/07/is-there-demographic-component-of-proxy.html


With warm regards,


Dr. J. K. Bajaj

Centre for Policy Studies

www.cpsindia.org, blog.cpsindia.org


P/S: Please reply to policy.cpsindia@gmail.com





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allegations against chidambaran and son, private limited

http://postcard.news/p-chidambaram-biggest-corrupt-man-india-ever-saw-will-shocked-know-amount-looted/

billions! impressive.

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Thursday, August 03, 2017

rajeev in swarajya on not getting too obsessed with data but looking beyond it

there are many factors. data is only one, albeit an important one. there is a tendency to deify it, which is wrong, and leads to quick limits to knowledge. intuition and the issue of complex connections, with indra's net being a good metaphor, is worth considering.

https://swarajyamag.com/magazine/-going-beyond-data-on-intuition-knowledge-and-the-connectedness-of-things

Quick notes: NITI Aayog, Model 3...

  • When Nation Building Can Be A Sabbatical: To woo a high profile NRI back, whether it's Arvind Panagariya or Raghuram Rajan, the call of the motherland is positioned as a sabbatical within the American Dream.


  • NITI Aayog: Panagariya realised that he was holding a non-job. Unlike the Planning Commission, the Niti Aayog had no powers to direct the channeling of resources to approved projects.


  • Tesla’s Model 3: BMW and Mercedes should be concerned. This automobile is clearly targeting their market.


  • Kashmir terror funding: The National Investigation Agency is focusing on a hawala racket relating to the annual Haj pilgrimage and trade fraud along the LoC as two funding channels being used by separatists and terrorists in Jammu and Kashmir.


  • Kalyani Rafael: India's first private missile production facility unveiled


  • In Kerala, 3 Men Guarded King Cobra Eggs For Over 100 Days: After 72 days, they started a round-the-clock vigil, till they saw the king cobra hatchlings emerge, nearly 30 days later.


  • Sunset: Every sunset ends with a green flash... In Indian mythology, the Sun god rides on a chariot drawn by seven green horses.
  • http://aumamen.com/stotra/aditya-hridayam-stotram


  • Chembai Sangeeta Utsavam Guruvayur Ramakrishnamurthy




Wednesday, August 02, 2017

Fwd: Mind the power gap between India and China+Why is Chanakya not part of Pakistan’s historical consciousness+The empire strikes back


---------- Forwarded message ----------
From: Sanjeev Nayyar


Unless India build comprehensive national strength, economic & military, the gap with China shall keep on increasing. Let us not blame the Chinese when they strike deals in India's neighborhood – they have the power we do not. Indians need to change the way we think and work, esp in MOD and Higher Judiciary. Hope India gets a Raksha Mantri soon. China Pakistan and other friends will try to keep India tied down. We need to address that and simultaneously focus on building economic and military power.
 
1. Why India needs to stop tempting fate and reform its military on war footing 30.8.17 by Shri arun prakash
 
2. Mind the power gap between India and China 2.7.17 by C Raja Mohan http://indianexpress.com/article/opinion/columns/india-china-standoff-mind-the-power-gap-4777926/
Similarly in Myanmar, despite many political anxieties about economic over-dependence on Beijing, the government is reportedly close to a deal with a Chinese company for the commercial development of the Kyaukpyu island on its Bay of Bengal coast. Once Yangon signs on the dotted line, the Chinese company will start building a deep seaport, special economic zone and an industrial park. The Bay of Bengal is unlikely to be the same after that. Kyaukpyu is all set to become the energy gateway for petroleum imports into western China through a twin oil and gas pipeline system running from the Bay of Bengal
Beijing does not have to deliberately contain India. Beijing's exercise of its growing comprehensive national power — economic and military — will inevitably have that effect. Put simply, the question is not about Chinese intentions, but the massive surge in its capabilities.
Third, India had severely underestimated the implications of China's rise for India. Facile talk of the world being large enough for China and India masked the prospect that the changing power balance in Beijing's favour could alter the dynamic on India's long and disputed frontier with China.
The longer Delhi takes to act vigorously on its frontier region development, military modernisation and regional economic integration, the greater will be its degree of difficulty in coping with China's rise and future Doklams, Hambantotas, and Kyaukpyus.'
SN – The Sittwe port in Myanmar was to be completed in 2014 if I remember correctly. We are in 2017 and still not there.
 
3. How China plans to tame Sri Lanka with 'debt trap diplomacy' 2.8.17 by harsh pant http://www.dailyo.in/politics/china-hambantota-sri-lanka-xi-jinping-deb-diplomacy/story/1/18717.html
The revised deal with China provides for the formation of two companies to split the operations of the port in which China will run the company that will be in charge of business while Sri Lanka will have a major stake in the firm dealing with security. This is an attempt to allay Indian concerns.
Blaming Beijing is the easier option. Getting ready to challenge China's profile by enhancing its own regional role as an economic and security actor is the need of the hour for India.'
 
 
5. India-Japan growth corridor may mean division, not connectivity for Asia, Africa OPED 2.8.17 http://www.globaltimes.cn/content/1059129.shtml
 
6. How close can the relationship between Australia and India become? 2.8.17 http://www.globaltimes.cn/content/1059030.shtml
 
'Nothing can describe this irony better than The Indus Saga , in which Aitzaz Ahsan writes in the preface: "… a nation in denial of its national identity is unfortunate. But when it chooses to adopt an extra-territorial identity, it becomes a prisoner of propaganda and myths... This is the Pakistan of today, not the Pakistan of its founders. Identity is at the heart of its problem". If Pakistan is to come out of its tortuous identity crisis, it needs to accept its non-Muslim history as its own. Recognising someone as important as Chanakya will have to be part of the long process. '
 
8 India's Higher Defence Management and War Direction Needs Reforms 2.8.17 by brig arun b http://www.indiandefencereview.com/news/indias-higher-defence-management-and-war-direction-needs-reforms/
 
9. North Korea's ICBM launch tests Trump administration 1.8.17 by joshy paul http://www.indiandefencereview.com/north-koreas-icbm-launch-tests-trump-administration/
 
10. World Bank allows India to construct Kishanganga, Ratle projects in J&K 2.7.17 http://www.tribuneindia.com/news/nation/world-bank-allows-india-to-construct-kishanganga-ratle-projects-in-j-k/445942.html
 
Warm Regards
sanjeev nayyar




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