Save our tigers?

As water-coolers / coffee machine gossips go and our office has many of them… (coffee machines.. I mean), save our tigers campaign has been quite talked about in terms of “let’s do something” part of our lives. What many fail to understand that signing up for a website is not going to save tigers or for that matter anything at all. “Spread the word” campaigns do just that… they spread the word. They don’t end up solving real-world problems.

This piece in today’s Hindustan Times echoes brilliantly what most of us feel about the campaign.

This also brings me to the trouble of coffee-table community service that most people want to indulge in. Translated it means, writing elaborate plans, reports, sending ‘register for support’ campaigns… sometimes even educating people that these problems exist and a heightened sense of awareness will help solve them. But does it? Obviously it doesn’t. We cannot save environment by sending campaigns on mail.. nor can we solve terrorism by doing candle-lighting.

These events do nothing but become channels for commercial gains for enterprises who cleverly identify how will you react to a certain situation.

Obviously, & thankfully the above is not always true. I have met a few people in my life who are so committed to few causes they support that sometimes I feel ashamed at our own materiality and growth-focused life. I respect those people for their sheer energy and passion, and I wish there were more like them. Even if I were a shade more like them.. I think I would be happier. Getting awed is easy, getting inspired is not.

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Mint / Intuit Money Manager?

 

Wow! was the first reaction. Intuit has officially launched Intuit Money Manager in India.

What it does?

Link all your accounts in few minutes (they are read-only) so your bank accounts are still safe. I personally have been using Quicken (since 1998) so I already know the capabilities of Intuit in this space. Microsoft had completely withdrawn “MS Money” as Quicken was far ahead in this space.

Earlier, Indian Banks were wary of sharing any customer data with third-party. I don’t know how this has happened but they already have the following banks supporting the service.

 

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This is going to revolutionize the financial market a bit more coz an average person already has about 2-3 banks and 2-3 credit cards. Aggregation of this takes sometime for most of us when we are struggling to pay bills and what not.

The only hitch is currently they are accessible through moneycontrol.com and registration is actually on that site. I simply wonder why was this necessary. Couldn’t they have come up with their own registration? And I would prefer if a media company such as moneycontrol is out of reach of my financial data.

Charges: Free for 90 days and then Rs 365/- per year. Sounds reasonable, if there are no glitches.

Lets see how this turns out.

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Reality?

Saw a discussion on a news channel on TV censorship and was a little appalled as how everyone was just blaming someone else.. be it government, audiences, people who own the networks, politicians and so on. No one wanted to take the mantle of cleaning up the act. Surprisingly, everyone agreed that the news channels have gone insane over the years and are nothing but mere entertainment channels delivering pitiful content. There is hardly any difference in those saas-bahu soaps and say a breaking news on ur favorite news channel. Compare that to the BBC and CNN of the world and your head will lay low in shame.

Of course, no channel or a reporter wants any censorship, especially government controlled. Recently, Delhi High Court delivered a judgement when there was a PIL against “Sach Ka Saamna”. It said that people should ‘switch off’ their TV if they don’t want to see a particular show. That was a shot in the arm for channels as they could go on and show any content (offensive or not) and garb it in the veil that “a viewer has a choice not to see it”. Does that give a right to the channel to air any content? Surprisingly, some of these channels have marquee names like Rajdeep Sardesai, Vir Sanghvi who are ace journalists and writers. Some of these channels are also big media houses who also have a print publication (Times group, Living Media, ABP) and so on. Most of the print publications have always exercised restraint and only printed material which is suitable for all. Its surprising how they have different yard stick when they move on a different mode of delivering news.

Certainly, censorship cannot be spoken in the same breath without talking about activism by media. The recent media activism brought changes in the society be it Ruchika case, or Jessica Lal in the past, but somewhere the truth is that media has been too quick or too late in delivering a judgement. Ruchika case was not touched by the same media for over a decade. Jessica Lal’s case was almost done with before media hit a jackpot. A trial by media is always more obscure and irrational, no matter how right they are. As a fourth estate of democracy, it can never take on the role of judiciary or the government or even the people. Actually, that’s where the eternal confusion is, as the fourth pillar, which side is media on? And if asked, the perpetual answer is ‘people’ or ‘junta’. Amusingly, that’s what every politician also says.

 

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The day is longer… starts at 9 am.. 55 minutes earlier!

Phew… this is something of a life changer for many. BSE / NSE stock markets now start at 9 am in the morning.

and this is how it impact life in general…

 

  1. Local trains will be crowded earlier by almost an hour (that means from 7 am!) as people reach offices earlier and travelling almost 50-80 kms in the morning
  2. Those who do what they do, now won’t even get time for decent breakfast… thanks to constant staring at the scrolling prices…
  3. More face-time in offices as post market timings will remain the same.. for funds transfer, processing, paper work and more…
  4. The first day (Jan 4, 2010) has showed that there is no real increase in trading volumes… (now maybe this is because the year has just started)
  5. Banks may have a tougher time as people queue up for quick fund transfers… Especially RTGS platform early morning will bear the brunt…

 

Exchanges are mulling over the idea of moving to a 9 am – 5 pm regime as currently allowed. Don’t know what will happen to scores of brokers, sub brokers, staff in those places and ancillary businesses. Does it mean more business? may be not. Does it mean higher stress levels. Most certainly.

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