23 September 2008

The Forex scenario has changed a lot due to the present crash of Lehman brothers, this has lead many banks across the world to retract their aggressive business strategies. Investment bankers, stock brokers & forex marketers are in a limbo now. They are all trying to overcome this sudden catastrophe. This big fall has also resulted in stock exchanges losing many points, they are slowly recovering ground but the loss is not so easy to overcome for them & this Lehman brothers issue will haunt financial hubs across many continents for a while.

Renowned late investment banker – Larry Murkavel once said “never, invest in anything that is linked with a tall building, when it falls you are crushed”.Rightly, most of the stock exchange buildings are tall, the results fell & many investors have fallen prey to it.

The United States govt. has played an active role in stabilizing further fall of the market, with their timely intervention, this is what speaks volumes of the US, they are always ready for any eventuality be it in any field. Now that the damage has been done, the market slowly crawling up to get back in feet, we can only pray “God, save America”.


21 September 2008

I have read so many articles in the Internet, asking if Chinese mobiles are reliable. All I can say is, when you are using home PCs, Laptops, branded Mobiles (Nokia, Apple i phone & LG to name a few), then why cast doubts on the unbranded ones ? Most of the consumers in India, don't buy branded PCs, they all come from China without any warranty, so there is no reason why anybody should give a cold-shoulder treatment to Chinese mobile phones.


Most of the complaints about the Chinese Mobiles are that, they do not have a service center, but then logically speaking there is no service center for the unbranded PCs imported from China, either. Yet, people throng to shops & buy these PCs.


The Chinese Mobiles cost half or quarter the price of the original ones, it is better to spend less for the product than to spend four fold higher & get the same features. Moore's law promises that you will have twice as faster Mobile Phones in 2 years than you have today. Then why not stick to something that is cheaper ?


12 September 2008

The Indian batting genius Sachin Tendulkar who has made a come back from his groin injury will boost the team’s chances against the rival Sri Lankan team. The last international match played between these two cricket mad countries was in the final of just concluded Asia cup in Pakistan.

Ever since the final performance by Ajanta Mendis who ripped through the inexperienced Indian one day international batting line up with 6/13, he has enjoyed super stardom in both India & Sri Lanka. He is probably the only player in the entire cricketing world who has become centre of all the hype even before bowling a single ball in his test debut.

Ajanta Mendis who is also nick named as the “mystery bowler” due to his unusual spinning capabilities & which is very different from other conventional bowler’s action. Sachin Tendulkar who missed the entire Asia cup due to his injury has come back into the team to play for his country in Test cricket, which will test the abilities of both the “Mystery bowler” & the “Maestro”. Sachin has also given clear indications that he has studied Ajanta’s variations even before he has faced him; this is definitely a plus to the Indian genius. Ajanta is an unknown package, whereas Sachin is a legend in his own right, who has made a mockery of Shane Warne & many other so-called extra ordinary spinners.

The media also has a big role to have dubbed this India – Sri Lanka series as a Sachin Tendulkar vs. Ajanta Mendis battle, they should also take into account Muttiah Muralitharan’s contribution in all Sri Lankan victories, and he has been the biggest match winner for them. An experienced campaigner like Muralitharan can only be pitched against a genius like Sachin Tendulkar & not a raw mystery spinner who is yet to make his debut in the longest version of the game. Since the series is starting now in few days, the media’s question will also be answered. Now only time will tell how Sachin treats this mysterious spinner.

Cricket Vs Money


The International Cricket Council is facing a situation where it has no experience, every time there is huge money the ICC seems to scratch its head. The ICC wants to make a window schedule for 20-20 Indian Premier League Cricket; this became a forced entry in their 10-year FTP (Future Tours Program), just when the ICC is sitting to discuss about a window schedule for the IPL, now comes another possible league called EPL from England which is a la IPL with more teams & more money.

Cricket is benefiting a lot with money & slowly Cricketers own Million dollar homes. The main worry that is plaguing ICC officials is again the money from the leagues, if this keep continuing new age Cricketers will be more into league Cricket than playing for their country. Presently Cricketers feel proud to represent their nation, but in the future it will be just like soccer where people from different countries will support the league teams.

The time has come for the ICC to balance its act; they should now stop national boards of all major test playing countries from making further leagues, put a cap with just the IPL & the forthcoming EPL to run as registered leagues. Unless they get strong, all boards will start making their own leagues & spoil Cricket for money. As it is Cricket is slowly losing its traditional gamesmanship & gentleman’s game with the advent of 20-20 Cricket. Earlier the ICC was complaining that they lack funds to improve the game, now it is high time they use it properly by keeping the game alive & not make it a 20-20 circus.

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