Budget session on ... nightmare for our Fin Minister

The Final budget of the Congress 5 yr tenure is to be delivered in a few days or so. The demand of the time is a populist budget,but also the shibboleth from the economists corners suggesting the Finance Minister P.Chidambaram that it is behoove to also consider the growth factor into consideration.
This for sure has given the Fin Min nightmare which even the panacea can't cure. Let we some of the ignominious creatures - the so called Amm-Admi of the Country India try to suggest some way around for the respected minister.
The tax which is divided into two parts -- direct Tax and the indirect tax.Direct tax is the part which affects all of the salaried class. For a flourishing economy it is a delight that the direct tax be greater than the indirect tax. And India has achieved this significantly for the past few years.
But the salaried class do need some levy in terms of tax cut,which will lighten the burden on thr shoulder. The need of the hour is to get more number of people in the circumference but not more tax percentage on less number of people. The Minimum tax slab can be decreased,but also in the same time the tax percentage to be decreased byt varying in different slab. This will ensure that the tax encircles the most but with a efficient manner also.
Though the reams of article will suggest the Fin Min to go with the populist demand also his party to be coercing on him for the same , the respected and well qualified minister should also ensure that the bandwagon of Indian industry is not fallen to a jerk.
in addition to that - it would be advisable if the Minister addresses the Ruppee appreciation,which is inadvertently affecting the poor export segment of India.Worst hit are the Textiles etc. Also the IT industry to some extent. They can be impoverished if no support is provided by the Govt. of India.
Lest we can hope that with the budget 2008 you would be able to eradicate all the shambles on the Indian economy. Best of Luck Mr. Finance Minister.........

And the OSCAR goes to.......

The wait for the night of Feb the 24th is over. The Oscar has gone to the best of the best for this year. There were few unexpected thriller ending,as you would be expecting from the organization which specializes in judging the best pictures across the world.
Diablo Cody won the original screenplay award for the film 'Juno'-which speaks about a sixteen year old lash finds herself pregnant. She decides to give the baby for adoptation.and the movie rounds around this.
Marion Cotillard who plays the legendary French singer Edith Piaf in the movie "LA VIE EN ROSE" wins the Oscar for "Actress in a Leading Role".
"There will be blood" hero Daniel Day-Lewis wins the Oscar for the category "Actor in a Leading Role".He plays a ruthless California oilman who will stop at nothing to achieve wealth and power.
Javier Bardem and Tilda Swilton wins the award for best supporting Actor and Actress for the movie "No Country for Old Man" and "Michael Clayton" respectively.

Other Winners of the day were : Ratatouille (Animated Feature Film) ; The Counterfeiters (Foreign Language Film) ; There Will Be Blood (Cinematography) ; No Country for Old Men (Adapted Screenplay) ; The Golden Compass(Visual Effects) etc.




For more information get into the official website : http://www.oscar.org/

IIM a great inspiration

One of the premier management institute in India -- the elitist of the elite Indian Institute of management better known as IIM has been the pioneer of Indian management education since past few decades. The Likes of Indra Nooyi,Harsha Bhoogle et al has been the brand ambassador of the brand IIM globally.
Not only the skyrocketing salary,impressive infrastructure,Faculty with global standard but also the quality of student has shown an immense improvement with the recent yrs. The competition is preternaturally tough with 2.5 lakhs (0.25 million) of student appearing for the Common Admission Test(CAT), which is the entrance examination for the admission in IIMs for merely 1250 (now onwards 1700) seats. That's stupendous. So the quality is never compromised.
There are also other Management intis such as : XLRI,FMS etc but still need to cover lots of distance before they catch up with IIMs.

Ocean to save mother earth

A new research has found that a sausage like bag can store CO2 to around 160 million tonnes under the ocean. If Dr. David Keith is to be believed a container measuring upto 100 mtrs in radius and several kilometers long spread more than 3 kilometers below under the ocean's surface can be a harbinger in carbon capture and sequestration.
Dr. Keith an NSERC grantee and director of the Energy and Environmental Systems Group at University of Calgary-based Institute for Sustainable Energy, Environment and Economy will take on the subject at the 2008 Annual Conference of the American Association for the Advancement of Science in Boston at a session entitled Ocean Iron Fertilization and Carbon Sequestration: Can the Oceans Save the Planet?
Dr. Michael Pilson, a chemical oceanographer at the University of Rhode Island, the father of this very idea was not quite able to convince people with his idea. Things really took off when Dr.Keith confirmed its feasibility with Dr. Andrew Palmer, a world-renowned ocean engineer at Cambridge University. Keith sees this solution as a potentially useful complement to CO₂ storage in geological formations, particularly for CO₂ emanating from sources near deep oceans.

Original source of the article : http://www.sciencedaily.com/releases/2008/02/080218134635.htm