Wednesday, April 12, 2006
The two Ls
I had talked about my performance and the results have been very much different atleast relatively. So, the results are
IIMA – No
IIMB – No
IIMC – No
IIML – Yes.
IIMK and IIMI results are not out but I am damn concerned. What I now have to select is from the Ls. So, it would either be L (as in IIML) or L (as in Lehman Brothers).
Yes, I am disappointed at not clearing into one of the top 3 IIMs. I expected to crack atleast one. But then God has his own way. In the first place, no one had expected me to clear the first phase of the selection process but then God had his plans. So, though I am sad but I know that someone is in charge and I believe he has the best intentions for me. As Amitabh Bachchan has said,
“What happens as per your wish is good, but things which does not happen as above is more than good”
Though in the coming few weeks there would be much discussion about the pros and cons of the two Ls, at present I think Lehman should be the way to go. Any suggestions?
Tuesday, April 11, 2006
Conspiracy or Conspiracy theory
With every major event, people assign more than one conspiracy theories. Sometimes the evidences given for these theories are so compelling that one is bound to think along those directions. The evidences and doubts raised have the entire responsibility of taking the conspiracy theory to a conspiracy.
She had started her first post as
“A little bit about myself: I'm female, Iraqi and 24. I survived the war. That's all you need to know. It's all that matters these days anyway.”
Monday, April 10, 2006
A Cleansing Service
I was away for the extended weekend at my aunt’s place. One news which I got was that there had been a marriage proposal for me. I had mentioned about my eligibility but to get a proposal is flattering. The news had been concealed from me by all my relatives and my parents for they were worried that I might go out of control. But finally I got the news and accompanying was a lot of leg pulling by my cousin brothers and sisters.
Wednesday, April 05, 2006
Oiling the Markets
I received various complaints, especially from fellow IITians, regarding my mentioning IIT Delhi as the 4th best of the IITs. This came rather as a shock to me. I thought that it was kind of well known. However, now I know that it is not and I welcome arguments from people who so not believe this. I think people would agree that IIT Bombay and IIT Kanpur are better though some may have problems with the claimed superiority of IIT Chennai.
We all have heard of the rise of the Indian stock exchanges which is refraining from stopping atleast in the near future. The BSE Sensex has crossed the Dow Jones which like a benchmark index in the US. Another important statistic not very well publicized is that the m-cap of the entire BSE 500 index pole-vaulted from Rs 15,79,802 crore as on March 31 2005 to Rs 26,56,913 crore in March 2006. At the same time, India’s GDP, which was at Rs 23,93,671 crore at factor cost for 2004-2005 is estimated to grow to Rs 25,87,558 crore assuming an 8.1% GDP growth rate for 2005-06. Considering the above figures the m-cap (BSE 500) to GDP ratio, too, has improved from 0.65 to 1.02.
So, now the money involved in the stock markets of India is greater the GDP of the country. I do not know what to infer, but as a layman I feel that the markets are atleast a little overvalued. The Price to Earnings ratio of the markets is also around 20, not a good sign at all.
Continuing with economics, these days the entire economics of a country vests on one commodity. Yes, you guessed it right, it is oil. A good place to get started on this topic would be my friend's post. The prices of oil are increasing everyday. There was a time when the prices would hover around 28$ a barrel of oil (1 barrel of oil = approx 159 litres). Now, it has not gone below 60$ for quite some time and even manages to touch 70$ once in a while.
Previously the production of oil by the major oil producing countries was conditioned in a way to keep the prices stable. These days the conditioning (read, cutting of production) is done so that the prices only go in one direction (read, up). Everyone has realized not only the importance of this commodity which is set to become more important than even water but also that it is depleting at a rate where we may have to do without it maybe tomorrow.
Though the common man is feeling the pinch with the ever escalating prices of petrol, diesel and kerosene and with the accompanying increase in the prices of all products; the pinch would be the greatest once the commodity is no longer available. Recently, I was in our car with my cousin brother on my way to a pool joint and half way down the car refused to move even a bit. Thankfully, we were not very far from our house; But that may not be the case when we utilize the last drop of the commodity assigned in our quota.
Monday, April 03, 2006
The Four Factor
Further, various IIMs have increased their fees. Now that is certainly bad news for me and other IIM aspirants. But there is hope since IIML has not increased it yet but is being speculated to follow suit before June. Though at this point of time, I am not sure if I would like to go to IIML but you never know. IIML being the 4th best IIM actually increases its chances of having me as a student. Why is this so?
Consider this. In Maharashtra, after the secondary examination (X standard), we have to take admission in a junior college for the higher secondary examination (XII standard). After my secondary examination results, I was so confident that I purchased the forms of only the top 3 colleges for admission. Only when my father insisted, I purchased the form for the 4th best college thinking of it as a waste of money and effort. Guess what; I ended up in the 4th best college since other colleges did not offer to me Computers as a vocational subject (which I wanted to take) given my ‘low’ percentage.
After that, I prepared for IIT-JEE and secured a decent rank. But the rank was not good enough for getting a seat in the Computer Science stream at what most would argue are the top 3 IITs. So, I had to be satisfied with the 4th best IIT i.e. IIT Delhi (Though various surveys have shown IIT Delhi to be the best, I and other IITians would tell you the real rankings).
Given this, I think IIML may be the one. I hope the 4 factor is not repeated but then I would have liked to hope the same before.
Now for some things, I doubt you would hear/read anywhere else on the web. Firstly, do you know the highest rated movie at the Internet Movie Database? It is Gunda. At the time of writing of this post, the rating was 9.9/10. Some time back it was a perfect 10/10 but some unscrupulous (or rather scrupulous) elements did not like that.
People preparing for IIT entrance examination would know of FIITJEE, which is a coaching centre with branches all round the country. However, what they would not know is that the mock tests’ papers, which are taken by the coaching centre, are actually not checked by teachers of the coaching centre. These could be checked by anybody. The coaching centre gives some money per paper checked and so various IITians try to redeem the benefits. But then we have a concept called greed. So, people try to check these papers as fast as possible so that maximum amount of papers (and hence maximum amount of money) can be checked in the smallest amount of time. At that time they do not think of the aspirants who have given these mock tests and are hoping to get a good measure of their performance with the help of the marks in these tests.
Friday, March 31, 2006
Marriage on my mind
So, I went to this engagement ceremony that day. It was for the same person, my cousin uncle Mr. AG, I have mentioned in some previous posts. Though he was not able to awe us by his presence, the ceremony went on very well. I was kind of a heavy weight, representing my family who is in Mumbai and cannot attend the function.
Thursday, March 30, 2006
Stamp of IIT, IIM
There have been some comments about my previous post being not very articulate. I am trying to work on that and would be more than happy to get your suggestions on this issue if you too feel the same.
Tuesday, March 28, 2006
Drink, Drink till you Sink
Some believe that India is a poor country in terms of the money the people have. Yet what we do with the little money which we have is far from being commendable. We have traditionally considered giving water and quenching someone’s thirst as an honour and a virtue. However, now that we are progressing, it is not very far when we completely get rid of these feelings.
Sunday, March 26, 2006
Nationalism and Communalism
I did not post yesterday and was sad because though I had the time for the same, somehow I managed to skip. Recently, I have been getting so much content to post that it kind of stacks up if you do not post regularly.
French President recently walked out of an European Union summit after a French business leader abandoned his mother tongue. Now that was bold but probably not against the prevalent attitude of the world governments. We have various recent events which show nationalism being the prominent feeling even in this age where widespread globalization is being claimed.
We have the US Congress opposing the control of their ports by a Dubai based company. The Luxembourg, France and other governments opposing a takeover bid for a company, in which they have a stake, by an Indian business tycoon.
Friday, March 24, 2006
Statistics everywhere
Firstly, we received a mail from one of the professors of our department that the proxy access provided to us is being used for stuff which severely deteriorates the performance of the server resulting in extremely slow access speeds for everyone (the technical reason for the same was that the server runs out of file descriptors). As such, three users were barred from using their accounts.
After sometime we received a mail from someone else who wanted written applications from 20 students. These were the top 20 students whose accounts have seen the maximum activity. They were to explain why such a thing was happening. One of them was a guy from our group. The mail contained a link to a page giving all the statistics regarding the proxy usage for this month with details about the hits, the files and the Kbytes in question. It contained bar graphs and pie charts as well as the top sites being visited.
One strange thing (as I see it) is that Wikipedia was not present in the top sites being visited. I myself am an avid user of the same (as you might have noticed from the links in my post) and if it were the statistics of the sites I visit, Wikipedia would have been the clear winner.
That number excludes redirects, discussion pages, image description pages, user profile pages, templates, help pages, portals, articles without links to other articles, and pages about Wikipedia. Including these, we have 3,709,474 pages. We have 399,806 uploaded files.
Thursday, March 23, 2006
Criminals reduced and debt incurred
The effect of my last post was quite evident.
Firstly, the efforts put in by my relatives for marriage of my cousin uncle gave fruit and his marriage has been fixed. The dates are not yet decided but the bride is. Secondly, the idea of surrender and get paid put forward by Mr. Nitish Kumar was kind of successful with over 200 criminals surrendering with few days of the announcement. The surrender and rehabilitation package would be worth Rs 200,000 for each person, of which 25 percent would be government aid and the rest would be an easy loan to them. This includes housing, land and education. Also, special courts are being set up for speedy disposal of the pending cases against these former criminals.
Also, today was my last IIM interview (namely, IIMB). I would like to make a summary of how all the group discussions (GD) and personal interviews (PI) went. Lets see if all these match with the final calls I receive, if any.
| | IIMA | IIMB | IIMC | IIML | IIMK | IIMI |
| GD | <> | > OK | OK | OK | BAD | OK |
| PI | OK | BAD | > OK | <> | BAD | OK |
Note: (BAD) is less than (<>
Finally, some facts which people can find informative and useful.
Did you know that the "Big Apple" is a nickname for New York City? Its popularity since the 1970s is due to a promotional campaign by the New York Convention and Visitor's Bureau. Its earlier origins are less clear.
Stop yawning for this one is interesting. Every Indian owes Rs 30,000 (674$ approx). This is on account of the total debt taken by the Indian government which is more than Rs 30 trillion. And we are not backing in any way. In the last year itself India’s debt increased by around Rs 1.5 trillion. When I heard it I too was quite surprised for I knew the figure was around Rs 10000 per person but did not knew it has reached Rs 30000. Also, one important thing to note is that the GDP per capita of India is 622$ (less than the loan per person). So, if the entire value of goods and services produced in an year within India were to be made available for loan payment, we would not be able to repay the loan completely.
Tuesday, March 21, 2006
Marry and reduce crime
My last weekend was entirely devoted to match making. It all started with my cousin uncle (but I consider him my elder brother, due to the small age difference) flying back from the
Now for some current affairs.
Mr. Nitish Kumar has come up with a good (I do not know if it is novel) idea of reducing, or at best removing crime from his state of Bihar. He has offered cash to all criminals surrendering. Also he has offered varied amounts of cash for the weapons that they bring along. These offers are a good opportunity for the criminals. It may not only lead to surrenders but the criminals would want to bring along large number of weapons as well to fully cash on the offer. I have always believed that the people from Uttar Pradesh and Bihar are the most intelligent in
Also, there was news regarding Mr. Jaswant Singh, who has been the Finance Minister of