WTF of the day – BJP wants probe on Sensex crash

Holding the UPA government responsible for the sensex crash on Wednesday, BJP demanded a joint parliamentary committee (JPC) to probe the beneficiaries of the crash triggered by Sebi’s “untimely” proposal to regulate participatory notes.

The party pointed fingers at FM P Chidambaram and asked him to explain why he waited for the market to fall by nearly 1,800 points — which led to investors losing over Rs 4 lakh crore — before coming up with a clarification. The Congress, however, dismissed the Opposition’s demand for a JPC probe. Party spokesperson Shakeel Ahmed said, “The demand for a JPC has no relevance outside of Parliament.”

The BJP insisted that some manipulators and market players benefited from the crash as it seems they knew before-hand about the stock market plunge.

This is precisely why i believe that the BJP should stick to Ram Sethu & Ayodhya kind of issues. On any other issue when it opens its mouth, it sounds like a “party of morons”.

News courtesy: TimesofIndia

+++

Racism in Cricket? Read the damning Aussie report

The noise coming out of the Australian cricket camp over its star Andrew Symonds being taunted by “monkey chants” during last week’s one-day international in Vadodara seems a bit over the top—when you consider the startling contents of an Australian government backed report that was released today.

Racial abuse is prevalent across the sporting world of Australia, including its cricket grounds, says the report titled ‘ What’s the Score? A survey of cultural diversity and racism in Australian sport’ that was released today by Australia’s Human Rights and Equal Opportunity Commission (HREOC).

On Australian cricket, the report points to “racial sledging” of South African cricketers who “were referred to as kaffirs by a small section of spectators” at Perth in December 2005. It says that cricketers from Sri Lanka were “subjected to calls of ‘black c——’ at Adelaide, and adds that an ICC security official was punched by spectators in Melbourne.

A small sample of the report further states:

there was a racist outburst on international television by former Australian Test batsman Dean Jones in August 2006. Jones was sacked from his job as a television commentator after referring to South African Muslim batsman Hashim Amla as a terrorist”. Amla is a devout Muslim who wears a beard for religious reasons and has successfully negotiated with the South African team’s main sponsors, SA Breweries, not to wear the Castle Lager logo on his playing and practice gear.

Read the full report of the Australian Human Rights and Equal Opportunity Commission here. It surely doesn’t make for a pleasant reading about a ‘so-called’ developed nation.

Meanwhile Ratnakar Shetty, who is also the BCCI’s Chief Administrative Officer, added: “I was present in Vadodara during the match, and the noise from the crowd was deafening. I don’t understand how you could make out monkey noises from all that. What is this monkey noise, anyway? Or Mr Andrew Symonds should report to us exactly what was said to him. Then, it makes sense. But he has not done that, either.”

Well, i believe Mr Andrew Symonds has now become a Gandhian, or else, what does explain his silence and quotes of ‘let’s just move on‘? There couldn’t have been a worse time for Aussies for the report to come out. 😉

+++

Why Global Warming is "a load of Bull****"

global warming

Its surely not as exaggerated as what Al Gore wants us to believe. Am sure Al Gore with his writing skills would find some good job in Bollywood/Hollywood.

Gore told the world in his Academy Award-winning movie to expect 20-foot sea-level rises over this century. He ignores the findings of his Nobel co-winners, who conclude that sea levels will rise between only a half-foot and two feet over this century, with their best expectation being about one foot. That’s similar to what the world experienced over the past 150 years.

Likewise, Gore agonizes over the accelerated melting of ice in Greenland and what it means for the planet, but overlooks the IPCC’s conclusion that, if sustained, the current rate of melting would add just 3 inches to the sea-level rise by the end of the century. Gore also takes no notice of research showing that Greenland’s temperatures were higher in 1941 than they are today.

Read the full article by Bjorn Lomborg here.

Link via – IndiaUncut

+++

Why Global Warming is "a load of Bull****"

global warming

Its surely not as exaggerated as what Al Gore wants us to believe. Am sure Al Gore with his writing skills would find some good job in Bollywood/Hollywood.

Gore told the world in his Academy Award-winning movie to expect 20-foot sea-level rises over this century. He ignores the findings of his Nobel co-winners, who conclude that sea levels will rise between only a half-foot and two feet over this century, with their best expectation being about one foot. That’s similar to what the world experienced over the past 150 years.

Likewise, Gore agonizes over the accelerated melting of ice in Greenland and what it means for the planet, but overlooks the IPCC’s conclusion that, if sustained, the current rate of melting would add just 3 inches to the sea-level rise by the end of the century. Gore also takes no notice of research showing that Greenland’s temperatures were higher in 1941 than they are today.

Read the full article by Bjorn Lomborg here.

Link via – IndiaUncut

+++

Why China will not allow democracy in Myanmar

burma monks protest

In Burma today, not only is the Chinese government involved in mega projects (such as the oil pipeline to Kunming in Yunnan province), but the Chinese Diaspora runs everything from grocery to retail shops or restaurants in all major cities as well as in remote provincial towns. It is true that China has no problems with human rights violations, labour standards or other ethical issues; in their own country, similar issues are also side tracked to make place for the economic boom.

It is officially estimated that more than one million farmers, businessmen or workers have migrated to Burma during the last 10 years alone. Some say that the official figure should be multiplied by three to be closer to reality. Imagine what would happen if tomorrow Burma became a democratic nation and a nationalist leader would take over the reins of the nation’s destiny. A backlash would certainly happen and most immigrants might be sent back to where they come from. What would happen next? Yunnan province of Western China (from where the migrants originate) would experience unemployment, social unrest and probably riots (let us not forget that China last year witnessed 100,000 riots, big and small, mainly about unemployment and environmental issues).

Read rest of Claude Arpi’s article here.

+++

Rowling sues Durga pooja pandal

jk rowling
The author of famous Potter series J K Rowling has filed a copyright violation case in the Delhi High Court against a Kolkata-based Durga pooja organiser for using statues of the Harry Potter characters without permission. Justice Sanjay Kishan Kaul issued notice to the pooja committee and sought its reply by October 12, the day pooja begins.

The lawsuit sought a restraint order from the court against the pooja committee at Salt Lake from using Harry Potter characters on the pandal, as it was a clear violation of Rowling’s intellectual property rights, the suit contended. The pandal is designed in a manner which resembles Hogwarts Castle and displays statues of the Potter characters like Hagrid and Hedgewig apart from Potter himself, the suit said.

What crap. I have always maintained that Harry Potter is Indian. His real name is Hari da Puttar. Even our history mentions about this. This is an attempt by the west to bulldoze our 749847893909433 centuries old history. This should be condemned. I call for an all India bandh tomorrow to protest against the west hegemony. We demand an enquiry by a Supreme Court judge into this incident.

Iam planning to meet up with the President of India and submit a formal letter of protest. I hereby declare that all Harry Potter movies be banned in India henceforth until Rowling grovels on her knees and ask for forgiveness for insulting our 749847893909433 centuries old history. Also all Harry Potter movies should now be known as “Hari-da-Puttar and the granite stone“.

Note: Btw, my protest has nothing to do with the fact that i find JK Rowling absolutely sexy and delicious. Yummy…

+++

Infosys' quarterly revenue crosses US$ 1 billion

infosys

India’s Infosys Technologies on Thursday revised upward its revenue guidance for the financial year ending in March as steady demand in its target markets and a more stable rupee helped its business.

The company, the first of India’s information technology services groups to report results for the second quarter ended September 30, said revenue in rupee terms was expected to grow by up to 20 per cent this fiscal year compared with earlier guidance of up to 18.3 per cent. In dollar terms, it revised its guidance for year-on-year sales growth to up to 35 per cent from 31 per cent previously.

Infosys, India’s second-largest computer services group, said net profit in the second quarter was Rs10.1bn, up 18.4 per cent year-on-year, on sales of Rs41.1bn, up 19 per cent.

Rest of the article here.

+++

L&T buys Malaysian Tamco's switchgear business

larsen and toubro

India’s Larsen & Toubro Ltd said it is to acquire the de-merged switchgear business of Malaysia-based Tamco Corporate Holdings Bhd after entering into a share-sale agreement for an undisclosed sum.

The engineering, construction and technology company said it will also buy three of Tamco’s switchgear manufacturing subsidiaries — Tamco Shanghai Switchgear Co Ltd in China, Tamco Electrical Industries Australia Pty Ltd in Australia and PT Tamco Indonesia in Indonesia.

Read rest of the article here.

+++