We Indians love Gold. We all know that India is the largest Gold market in the world. But did you know how much gold we Indians keep with us? Here is a shocker: Indian households have piled up as much as 20,000 tonnes of gold, worth $1.16 trillion, an historic high. How to put this in perspective? Well just the Gold reserves itself are equal to 75% of the country’s GDP! The World Gold Council’s (WGC) latest estimate of India’s... Read more
A lot is said about how Eklavya – a tribal warrior – was deprived off of his archery ability by a Brahmin, Dronacharya. It is showcased as an example of Caste system. However, the details from Mahabharat suggest something totally different. Balaji V. sums it up very well, when he talks of how Dronacharya probably foresaw his role in the future and his loyalties. It is no secret that one of Krishna’s secret work prior to Mahabharat was to create... Read more
Interesting question and an interesting answer using the tale from a local version of Mahabharat. Read Quote of Haricharan Vijayaraghavan’s answer to Mahabharata: If Draupadi’s hair was said to be golden, was she a blonde? on Quora Read more
Gift tax is always tricky specially if you are an NRI. Here is some good information on it. Click on the title of the post to go to the story. Prior to 1998, gifts used to be taxed in the hands of the giver in the form of Gift Tax. However, in 1998, this Gift Tax was abolished. Subsequently in 2004, a new tax on gifts was introduced in the Income Tax Act according to which, tax would be levied,... Read more
PVR Ltd. is acquiring 95.27% stake in Cinemax India. Cinemax chain of multiplexes, are owned by the Kanakia Group, and operates 138 screens in 39 locations across the country. PVR, on the other hand, owns 158 screens with 36 properties across 20 key cities. Together they will become the largest “Movie Exhibition Chain” in the country. Together PVR and Cinemax have 85 properties, which will now be with PVR. Also, this month (November 2012), PVR had launched its first 8... Read more
An Indian movie has for the first time entered into the Top 10 of the Movies in US by Box Office sales. Jab Tak Hai Jaan is at #8 out of first 10 this week. While ‘The Twilight Saga: Breaking Dawn, Part 2’ topped the charts with $141.1 mn; ‘Skyfall’ is at $41.1 mn. JTHJ has grossed $1.3 million and comes in at #8. The film has grossed $7.58 mn in the overseas markets like US, UK, Middle East etc. making it... Read more
An interesting process that has helped companies keep their best talent from going out is being used in IT firms. It is probably really required there. Here is an example of Hexaware Ltd. using the “Stay Interview” process. In August this year, at a management meeting to review its quarterly results, IT services company Hexaware Technologies hit upon the idea of ‘stay interviews’ for its high-performers. So a list was drawn up. And Hexaware’s top 25 per cent performers in the two-to-six-year experience bracket... Read more
Non-melting chocolates are here. Cadbury’s has come out with a chocolate that doesn’t melt! New ‘temperature-tolerant chocolates’ that don’t melt even at 40 degree Celsius have been developed by confectionery giant Cadbury, which will soon be available in hot-weather countries like India. Scientists at Cadbury’s research and development plant in Bourneville, in the UK said the new chocolate bars stay completely solid even when exposed to temperatures of 40 degree Celsius for more than three hours. Cadbury engineers have set out the method for making breakthrough “temperature-tolerant chocolate” in an 8,000-word... Read more
Indian sports men and women have performed some pretty incredible feats at times. In my experience, this was one win that left me teary eyed. It was the Commonwealth Games in 2010 in New Delhi. The event 4×400 women’s final. Indian quartet had no record holder, while others like England, Nigeria, and Australia. No one give the Indian team any chance. But they just picked up and did the impossible. In the end, they raced away with the Gold! Read more
One person asks about existence of Good and Evil as well as Love and Hate. Sadhguru goes on to give a unique perspective! Read more
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