Posted by: Aadisht on: April 8, 2012
I am at Kanchipuram today. This is due to dire circumstance and not by choice. My car is being serviced (this involves spare parts from Europe and so will take a month), and so I couldn’t drive back. The driver is on holiday for Easter (hey, Happy Easter, everyone!) and so he can’t drive me [...]
Posted by: Aadisht on: May 30, 2010
Samtaben’s post has led to a massive comment discssion about financial independence for women. Oddly enough, I had recently been reflecting on financial independence and financial awareness among the women characters of late 1700s to early 1900s literature (English, that is). They are personal finance ninjas! These women couldn’t inherit much property, and they couldn’t [...]
Posted by: Aadisht on: May 14, 2010
In the past year, the price of natural rubber has more than doubled. This, in what is supposedly a great recession. This is being blamed mostly on demand from China. What the hell are the Chinese doing with all the rubber they’re buying? Auto sales are down globally, so making tires is pointless. So is [...]
Posted by: Aadisht on: October 3, 2009
In F Scott Fitzgerald’s Tender is the Night, the main characters are an American couple called the Divers who are Page 3 People in the 1920s. They live on a hillside Villa over the French Riviera, where they throw parties for American tourists and expats. Unfortunately up to the 1920s Riviera hotels were open only [...]
Posted by: Aadisht on: April 30, 2009
This Dealbreaker story is awesome. Citi has very few profitable divisions right now, and the people who run them are demanding massive bonuses to stay on and ensure that they stay profitable. But after all the outrage over the AIG bonuses, Vikram Pandit is pre-emptively going to Obama to ask for permission. The political palatability [...]
Posted by: Aadisht on: September 27, 2008
Yesterday, Skimpy forwarded me this link, and immediately changed his tagline to “2 dollars. Why didn’t I bid for Lehman Brothers?”. This sparked the following conversation. me: Look at it this wat *way $2 = 93 rupees 3:26 PM with that you could buy a hummus and pita bread and have some change left over [...]
Posted by: Aadisht on: September 20, 2008
The front pages are still preoccupied with the carnage in the investment banking world, but yesterday the RBI quietly announced something which is going to be huge three years down the line: the draft guidelines for mobile banking. There’s an Indian Express article on it here, and the original guidelines are available here (plain HTML) [...]