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Showing posts from November, 2016

Daily News Nov 7, 2016

Tops news for the day from leading newspapers (Includes latest news also) 1. FIIs raise concern about Tata Sons having access to strategic information about Tata Motors Source: http://economictimes.indiatimes.com/news/company/corporate-trends/fiis-raise-concerns-over-tata-sons-having-access-to-strategic-information-about-tata-motors/articleshow/55280086.cms 2. Theresa May arrives on a three day visit to India to enhance Indo-UK ties on defence, trade, security and investment http://www.thehindu.com/news/national/theresa-mays-india-visit-whats-on-the-agenda/article9314273.ece?homepage=true 3. FBI says that review of Clinton emails find no ground for charges Link 4. At CoP 22, India to highlight climate impact on Himalayas http://www.thehindu.com/sci-tech/energy-and-environment/at-cop-22-india-will-highlight-climate-impact-on-himalayas/article9312452.ece?homepage=true 5. Tatas postpone investor meet scheduled for November 18. It is postponed to the next quarter ht...

Top powerful Chess opening moves - Part 1

#10 : The Ruy Lopez Though this is a move which we may play naturally at times, it gives the white side a slight advantage. Also develops an early castle #9 : Sicilian Defence Once considered a bad opening, now this is one of the best ways used by players of all rankings #8 : The Queens Gambit d4-d5 setting. White sacrifices a pawn to get an early advantage and mostly ends up recovering the pawn #7 : The Alekhine Defence Replying to the pawn by bringing the knight into the game #6 : The modern defence Source: https://www.chess.com/blog/monsterking/top-10-most-powerful-openings To be continued..

Daily News Nov 6, 2016

Top news for the day from the leading newspapers (Includes latest news also) 1. Cyrus Mistry ousted as he hid information from Tata Sons, says insiders http://economictimes.indiatimes.com/news/company/corporate-trends/cyrus-mistry-ousted-because-he-hid-information-from-tata-sons-reveal-insiders/articleshow/55260920.cms 2.  Is Narendra Modi government entering self-destruction mode? http://www.huffingtonpost.in/2016/11/05/is-the-modi-government-entering-self-destruction-mode/?utm_hp_ref=in-homepage 3. Criticism on NDTV India ban ill informed, says Venkaiah Naidu http://www.thehindu.com/news/national/ndtv-india-ban-venkaiah-naidu-says-criticism-illinformed/article9310049.ece?homepage=true 4. Theresa May visits India under a cloud of uncertainty. This is her first trade visit post Brexit http://www.thehindu.com/news/international/theresa-may-visits-india-under-a-cloud-of-uncertainty/article9310526.ece?homepage=true 5. UK Government failing India as true partner: Jer...

Google : Introducing Google Pixel

Just came across the ad of this wonderful phone named Google Pixel. Google seems all set for a revolution, after introducing their first phone. All that is left for them is to launch a laptop/palmtop version to compete with Apple. This is in addition to the dominance in the web search department where Apple doesn't exist. If Google is able to succeed in the mobile market that would pave way to attempt forays into other new departments. I am sure innovation is underway at the Google HQ as we speak. I have always been a fan of the Google based Android backed smartphones. These phones now form over 80% of all smartphones in the market. Source: Business Insider As it can be clearly observed, the Android has grown over the years overthrowing all the other existing operating systems. In fact one of the main reasons for the decline of Nokia, which was the best phone maker in the world. The inability to adapt to newer technology. They stuck too long with the Symbian OS hoping it would...

Daily News Nov 5, 2016

Covering the major headlines across top news papers globally. 1. With 4 days to go for the historic US presidential election, who will it be? Hillary or Trump? Hillary leads by 2 points in new poll https://www.washingtonpost.com/news/the-fix/wp/2016/11/04/dont-look-now-the-electoral-map-is-definitely-moving-in-donald-trumps-direction/?tid=sm_fb http://economictimes.indiatimes.com/news/international/world-news/hillary-clinton-leads-by-two-points-in-new-poll/articleshow/55255609.cms 2. Meanwhile Indians want Hillary to win. Only 7% want Trump to emerge as the winner http://www.huffingtonpost.in/2016/11/04/huffpo-cvoter-survey-indians-prefer-hillary-clinton-over-donald/?utm_hp_ref=in-homepage 3. Minority shareholders feel the ouster of Cyrus Mistry was unfair http://economictimes.indiatimes.com/news/company/corporate-trends/minority-shareholders-protest-unfair-ouster-of-cyrus-mistry/articleshow/55253173.cms 4. Tamil Nadu CM Jayalalithaa has completely recovered: Apollo Ho...

Legal Tender

Noble initiative to start writing more blogs educational in nature related to new things I come across as I move ahead in my MBA journey. About an year and a half left in this quest for knowledge. Will share in detail a new post about my college experiences in another post. Coming to business, we had this interesting session by our Macro Economics professor on how the money system works. What gives money its value and so on. One of the new terms I come across and interestingly the meaning is something quite contrary to what I had expected. So just thought I should research a bit more and write about it. Quoting from Investopedia: "Legal tender is any official medium of payment recognised by law that can be used to extinguish a public or private debt, or meet a financial obligation. The national currency is legal tender in practically every country. A creditor is obligated to accept legal tender toward r epayment  of a debt." So to basica...