Friday, October 31, 2008

How About Some Bling For Your Computer?


Super Talent Technology, headquartered in San Jose, California has come up with a limited edition 18-carat solid gold USB drive. It boasts of a 30MB/sec data transfer speed and a storage capacity of 8GB.

There are some additional goodies like a certificate of authenticity, an 18-carat gold keychain, FIPS certified AES-256 encryption software and a Black velvet jewelry box. There is also a cool concept where one can get their personalized text or logo etched onto the drive with the help of a laser, at no charge!

Now that’s what I call a customized, limited edition Bling for $599.


Saturday, October 25, 2008

Swaminomics: Makes so much sense

Swaminathan S Anklesaria Aiyar had made an interesting case against cutting oil price in his regular column: Swaminomics.

Last week when the price of oil almost fell to $65, the political machinery in India was momentarily distracted, from the usual walk outs, protests and not to mention fattening their bank accounts. All of a sudden, every MP worth his salt was clamoring for a price cut, keeping in mind their larger interest (read general elections).

Feeling the heat, and also keeping the larger interest of the ruling party in mind, petroleum minister Murli Deora announced price cuts for fuel within a week.

Ironically, a few days earlier, Swaminathan had warned against cutting the oil price. History is a great teacher, only if we are willing to learn from it. In the mid 80’s India had built up a cushion in the form of OPA (Oil Pool Account) by implementing controlled fuel prices. When the global oil prices dropped, the Indian govt. maintained the same price, and the surplus money went in to OPA. This cushion protected the economy in the 90’s when the global oil prices shot up. The oil companies were compensated for selling the fuel at a lower price when the global prices were shooting up.

After reading Swaminomics, I was convinced that this is the right way to go about addressing the fuel price issue. Politicians should not give in to ulterior motives and cheap politics. Instead, keeping in mind the interest of the Indian economy against the global recession, we need to build up a cushion again. Make hay while the sun shines. Let’s prepare for eventualities arising out of a hike in global oil prices.

OPEC is already cutting down on the output to shore up the plummeting oil prices. And not to mention the so called environmentalists have been lobbying for heavy taxes on fuel, in order to discourage its wasteful consumption. With the stock prices taking a free fall, companies slashing their workforce to minimize on losses, the last thing I would want is fuel prices shooting up. It may not be happening now. But it will happen eventually. Oil wells are not perennial.

Though the general population will heave a huge sigh of relief if the fuel prices are cut, that is temporary.

I hope someone is listening.

Image Source: Philippe TASTET



Monday, October 20, 2008

India’s Tryst With The Moon


Image source: FreeDigitalPhotos.net

The count down to India’s first un-manned mission to Moon, code-named Chandrayaan-I has already begun. The 1.38-tonne spacecraft will take approximately eight days to travel about 386,240km before reaching its final orbit 96km above the surface of the Moon.

The lunar orbiter’s main mission is to look for water and Helium-3. An Indian flag will also be dropped on to the moon. A small probe will be released, which will then hurtle down towards the moon’s surface. The probe will transmit pictures, data regarding the moon’s atmosphere, and then finally data of the soil analysis when it strikes the moon’s surface. This probe will also be carrying the Indian flag.

Chairman of the Indian Space Research Organization (ISRO), G. Madhavan Nair has said that this is an ideal launch pad for a mission to Mars. The GSLV rocket can take a nearly 500 kg spacecraft to Mars and hence this is a certainty in the coming 3-4 years. He has given a rough cost estimate of Rs.100 billion for a manned mission.

In the past, India has completed 21 successful rocket launches bearing satellites since 1980. If this mission is successful, then it will make India the fourth country to join U.S., Russia and Japan to have its flag on the moon.

The ISRO chairman gets very defensive when probed about the feasibility of the mission in current economic conditions. He points out that the budget for the entire space program is a miniscule one, when compared to the total budget of the country. Conservative estimates put this mission at less than 300 crore INR.

If the weather permits, we are set for a lift-off at 6.20am on Wednesday morning.

Is India shining? Definitively, if you look at the moon!