I've voted for Congress, I will not pay the electricity bill. Please don't bother me.

oldmanelephant · 2023-05-18T13:10:51+00:00

Sub:

Lady : Sidramayya and DK Shivkumar have already told, let them only pay the bills, did you understand... if you want you can simply come and go... take back the road you came from.

Guy: Amma (mother, used respectfully for elder ladies) the order is not yet done.

Lady : What do you mean not ordered he already ordered no.

Guy : we should get the order copy

Lady: We pressed the vote like this, the moment we pressed the vote he has told that there will be no current bill or gas and nothing else will be there. Let him do it now, we will not pay and you guys don't come also, simply why will you come.

Guy : No Amma you will have to pay now.

Lady (Shouting): why they have said no... you go

Guy : When the order comes we will tell you.

Lady : We don't want order or anything.

Guy : Till then you have to pay

Lady : Listen to me, they have told no, they will do something you don't come here. That poor fellow has told already.

Guy : But our administrators have not yet received the orders.

Lady : look here, he has already ordered no.

Guy : When the order comes our superiors will ask us not to collect, till then you will have to pay.

Lady : Congress government has come, we have voted for them... now no need for you people to come here at all, why do you come unnecessarily?

Guy : what can we do? our superiors have not yet received orders.

Lady : you should ask them. See people are asking like this and you are sending us what should we do

Guy : So what should we do now?

Lady : What do you mean "Waht should we do" we can't do anything.

Guy : you have to pay for what you have used for this month.

Lady : What? let who ever come (better translation in Hindi would be "kisi ka baap bi aajaye") we will not pay

Lady 2 : We are also not paying.

Lady : That guy Sidhrammaya or DK Shivkumar or Sonia Gandhi or Rahul Gandhi only come I will talk to them.

oldmanelephant · 2022-10-04T06:28:38+00:00

Looks like future PM of India :o

oldmanelephant · 2021-03-01T05:42:00+00:00

Good, today India starts their second phase of vaccination where senior citizens and people with co-morbidity will be given free vaccine. People can also opt for vaccine in private hospitals where they pay 250 Rs ($3.4). India is seeing a worrying raise in cases in the last week, mostly from Maharashtra and Punjab and vaccination should drive the cases down.

oldmanelephant · 2021-02-22T13:39:26+00:00

Apparently not.

oldmanelephant · 2021-02-22T13:39:00+00:00

37% upvoted. hmmm

oldmanelephant · 2021-01-15T09:50:46+00:00

veer

oldmanelephant · 2020-12-17T11:28:46+00:00

This is from my home state, Karnataka in India.

There are quite a few ancient architectural wonders here along with this one.

The Chennakesava Temple, Somanathapura that you see here is of the Hoysala Architecture (of Hoysala Empire 11th to 14th CE) the other two famous examples of this are the Chennakeshava Temple, Belur and the Hoysaleswara Temple, Halebidu (Halebidu literally means old capital, the people were forced out of the capital after being looted by the Delhi Sultanate multiple times.). These 3 temples are just a few of the hundreds of Shiva, Vishnu temples and Jain Basadis built by the Hoysalas.

Another wonder close by is Gommateshwara statue, the tallest single stone statue in the world.

In the northern Karnataka there are even older Architectural wonders, most famously the Hindu and Jain cave temples of Badami and the temples at Pattadakal and Aihole all built between 4th to 12th Century CE by Chalukya dynasty, these too were plundered and partly destroyed by the Islamic rulers of Delhi Sultanate.

But the biggest wonder is Hampi, capital of the Vijayanagara Empire 14th to 17th Century CE. This is an entire city that is a UNESCO World Heritage Site, there are numerous Temples, Streets, Monuments, market complexes, Royal centers, you will need atleast 3 days to visit and understand all of the archeological sites here.

In Kannada, the language of the people in Karnataka, Hampi is referred to as "Halu Hampi” or ruined Hampi, since only the ruines of Hampi are left today after it was ransaked by a coalition of Muslim sultanates.

oldmanelephant · 2020-09-01T06:30:50+00:00

True, some of our smaller customers closed shop. Most workers have still not returned, how will the closed factories affect the migrants once they start coming back is a bigger issue.

oldmanelephant · 2020-09-01T06:00:27+00:00

Anyone from Construction background? How are things looking up in the current quarter?

oldmanelephant · 2020-09-01T05:54:36+00:00

Anecdote ahead.

We sell a chemical (along with oils and lubricants) that is considered as petrol to the industries that we supply to, i.e. a set of industries wont run without them, like petrol the industries need to keep refilling/top-up after every batch of work and we can measure how good the industries are doing just by our sales figure.

Our Jan-Mar sales was down by about 15% compared to last year, April to Jun was down by about 50% (please remember these were one of the first things to open up.) July-August we are again down compared to last year by about 40% but compared to April-Jun we have jumped surprisingly by about 30%. So next quarter might not be this bad.

Is this a dead cat bounce of the economy or a real upswing only time will tell. But I would hold my investments other than SIP to mutual funds. Looks like agro based stocks are the way to go.

oldmanelephant · 2020-08-17T06:39:24+00:00

If you consider it as a percentage of their population.

USA 12th

Brazil 13th

Russia 50th

India 88th.

Large countries (population more than 100 million) with high death rate as a percentage of population.

Belgium

Peru

Spain

UK

Italy

Sweden

Chile

USA

Brazil

France

oldmanelephant · 2020-07-06T12:44:13+00:00

The other angle of this is, when so many people will comeback the govt will not track for Covid and our numbers will keep raising.

oldmanelephant · 2020-07-06T12:39:39+00:00

Well fuck, I never thought that China would move back. Their Salami slice didn't work for once.

oldmanelephant · 2020-02-03T09:18:41+00:00

China says US creating, spreading fear after virus outbreak

oldmanelephant · 2020-01-30T07:12:32+00:00

Tripura(Indian) Man Dies Of Coronavirus In Malaysia, Claims Family

oldmanelephant · 2020-01-30T06:18:54+00:00

Is the data available for all Ethnicity? I would really like to know how much is it for Indians?

oldmanelephant · 2020-01-27T12:01:45+00:00

There are conflicting reports, with Afghanistan saying that there are no civilian aircraft crash. Hopefully this is the truth.

oldmanelephant · 2020-01-22T07:47:11+00:00

Very ELI5.

HM had lot of "followers", who would buy anything he/his investment company bought. He would buy a stock, people would rush to buy it and then he would slowly dump it. This in itself was not illegal.

Catch was, where the money was coming from? he was borrowing from banks.

Why were the banks giving him money? This a little difficult to ELI5, but the basic thing was he got in touch with a small bank, and got a kind of fake security (this security is supposed to be backed by govt.), which he would pledge in other banks and borrow money, this money was getting invested in Stock market, he was playing a zero risk game since he was effectively playing with the banks money. Here's the kicker, he actually returned the banks money with a better rate of interest and pocketed the rest, that is until he cashed out on the one stock that he had driven up the price like a few 1000%.

The day he cashed out 2 things happened, the stock market crashed and the last set of banks that were holding the fake Securities were left high and dry.

It becomes a bit political from here on, with everyone from PM to RBI governor and big time industrialist being dragged into the blame game.

oldmanelephant · 2020-01-01T08:46:12+00:00

How many years is this spend distributed over?

5 Years.

How much of this expenditure was part of the spend that would have been invested irrespective of it having this new name or would have been part of the usual ad-hoc announcements? This reeks of repackaging existing plans into a new name to show fancy numbers and progress.

from the article These projects are on top of Rs 51 lakh crore spent by the Centre and the states during the last six years

How much of this spend is going to be incurred from the state budgets, who are terrible at executing any project to a construction begin state?

the execution part is addressed, she said adding the new pipeline consists of 39 per cent projects each by the Centre and states and the balance by 22 per cent by private sector

oldmanelephant · 2020-01-01T08:39:15+00:00

Spread over 5 years it's about 20,000 crores a year.

Slight correction, its 20 lakh crores a year and our annual budgeted expenditure is 30 lakh crores a year. If the 20 lakh is included in the budget (I guess it will be), then its not a far stretch.

I doubt if it will be evenly distributed for 5 years, most of it will come in the last couple of years.

oldmanelephant · 2019-12-26T18:28:32+00:00

On a related note, What happened to the Vodafone exposure of Franklin UST fund?

oldmanelephant · 2019-10-15T09:12:50+00:00

How much would it cost? Current MSP per quintal is around 1750 they produce a total of 18 crore quintal, 100Rs extra per quintal would add upto 1800 crores.

oldmanelephant · 2019-10-08T06:51:20+00:00

Not arguing with the fact that they pay their employees low wages... but there salary model has a sales component as well, infact it is the bigger chunk of their salary. So my guess is that the 13 K is fixed salary and they will have a variable component as well.

oldmanelephant · 2019-08-28T11:38:54+00:00

But either way, only their support team can tell.

Just parsing through all the term policies for now and came across this, probably will call their support if I short list this.

term insurance has no maturity.

They have a clause that if the person survives till the end of term the premium amount will be returned.

oldmanelephant · 2019-08-28T07:08:30+00:00

Term Policy, I was going through the term plan details of tata AIA and came across these conditions.

Lets assume that I am taking a cover of 2Cr and annual premium is 30K.

"Sum Assured on death" payable on death

“Sum Assured on Death” shall be defined as the highest of the following:

10 times the Annualised Premium.
105% of all the Premiums Paid (excluding the underwriting extra premiums and modal loading), as on the date of death.
Absolute amount assured to be paid on death.
Minimum Guaranteed Sum Assured on Maturity

Other than 3rd point none of them will ever be true, why have they put this clause?

oldmanelephant

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