South Korea is ranked first in the world in the Digital Opportunity Index, and first among major economies in the Global Innovation Index; likewise, Taiwan, Hong Kong and many other emerging economies are on a tech-spree to boost their economy. Malaysia is promoting its Multimedia Super Corridor topped up with tax perks and lenient censorship policies since long; Vietnam is all set to develop a local “knowledge economy”, while Myanmar is concentrating on connecting all its key industries on a single IT platform.
There have been amusing fallouts of tech-advancements too. Way back in the 1980s, the generally ‘walled’ East German government allowed access of West German television programmes to its citizens as their studies showed that East Germans who watched West German television were more satisfied with life in the communist regime.
In the last few years, Twitter, Facebook, search engines and similar media are playing a huge role in political and administrative mobilization and apparently hold the strength to raise the hackles of ‘the powers that be’; but these and similar sites also clearly traverse controversial waters as not only do they openly host porn gateways, but also despicably allow slanderous, libellous and defamatory content almost without restrictions in the garb of ‘free speech’. In the same breath, thanks to social networking, Iran’s Green Movement has found its space into numerous contending debate forums. Extending this thought to even nationalism and extremism, Hezbollah and Islamist extremists (and other fundamentalists) are very active online.
All in all, this whole wave of multi-level technology orientation towards building the “biggest, fastest, tallest and mightiest” innovation somehow never talks about how many billions, who currently defecate in the open, will get a self respecting place to stay in. Obama too seems to be playing to the rote. Even though he announced in early 2010 that he planned to eliminate funding for NASA’s manned moon missions, he increased NASA funding by $5.9 billion annually. For $5.9 billion, we estimate Obama could have built 30 million toilets in India’s most underdeveloped regions, catering to 600 million destitute Indians. Imagine how amazing a gesture of goodwill that move could have been!
There have been amusing fallouts of tech-advancements too. Way back in the 1980s, the generally ‘walled’ East German government allowed access of West German television programmes to its citizens as their studies showed that East Germans who watched West German television were more satisfied with life in the communist regime.
In the last few years, Twitter, Facebook, search engines and similar media are playing a huge role in political and administrative mobilization and apparently hold the strength to raise the hackles of ‘the powers that be’; but these and similar sites also clearly traverse controversial waters as not only do they openly host porn gateways, but also despicably allow slanderous, libellous and defamatory content almost without restrictions in the garb of ‘free speech’. In the same breath, thanks to social networking, Iran’s Green Movement has found its space into numerous contending debate forums. Extending this thought to even nationalism and extremism, Hezbollah and Islamist extremists (and other fundamentalists) are very active online.
All in all, this whole wave of multi-level technology orientation towards building the “biggest, fastest, tallest and mightiest” innovation somehow never talks about how many billions, who currently defecate in the open, will get a self respecting place to stay in. Obama too seems to be playing to the rote. Even though he announced in early 2010 that he planned to eliminate funding for NASA’s manned moon missions, he increased NASA funding by $5.9 billion annually. For $5.9 billion, we estimate Obama could have built 30 million toilets in India’s most underdeveloped regions, catering to 600 million destitute Indians. Imagine how amazing a gesture of goodwill that move could have been!
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smelt an opportunity to capture Delhi, gathered a bunch of warriors and started marching. But he died on the way. For about six centuries, nobody from Gujarat eyed Delhi. However, since 1946, three people appeared on the scene. The first was Sardar Patel, a serious contender of Jawaharlal Nehru for the prime ministry. Nowadays, Narendra Modi’s name is doing the rounds. However, his chance of leading the nation is minimal, given the political health of BJP and bitter inter-party rivalry. The only Gujarati to go all the way was Morarji Desai. He tried in the 1960s to emerge as Nehru ‘s heir and later became Indira Gandhi’s strongest rival. He even succeeded in becoming the Prime Minister once, relegating the ‘iron lady’ to the political margins, albeit for a very short time. The tussle started in 1964 and was to last till Indira’s assassination in 1984.
not as strong as the market is proposing at the moment. Going by fundamentals, India’s growth GDP is still expected at just 7 to 7.5%. Other economic indicators too have not recovered completely from the global meltdown. Even global cues are still on the lower side. All these mean that the fundamentals are yet to recover and the market movement that we see at the moment is more of hype than anything else. Under these circumstances (especially with the media bombardment of news that talks of huge returns made by various investors), no doubt it’s easy for anyone, who does not have a deep knowledge, to get carried away. But the truth is, that’s exactly what the retail investors must refrain themselves from at the moment.