Wednesday, December 12, 2007

Liaison

What does it take to grow up the career?
Is it hardwork, passion to excel, smartness or what else?

From what I have seen, I guess, it is liaison and PR that are going to be the major players in deciding the destiny of different people.

It seems liaison has become an imperative part of the whole society and it cannot run and live without it.

The interesting part is, Is this included in the amount of money supply that happens in the society.

The other day I was havign a discussion with one of my friends, who said that black money to a greater extent is a boon to the economy, because of the increased pace of transactions that take place.

But, why isn't corruption considered in deciding the total volume of the economy. Or is it already taken into consideration? Because GDP is calculated based on the total value of the finished goods, and these finished goods already include the corruption and the black money that is expended on them, so corruption is already included in the economy...SO, year on year is there an increase of 9% in GDP and corruption as well?? :)

The point of contention is not about whether corruption plays a role in GDP or not, but the role it plays in shaping up one's career. Is it possible to grow up the ladder without having to do with liaison. Moreover, is it possible to ensure that one sticks to the so called principles and, the so called ethics which are highly regarded only on paper, and still manage to reach his/her goal?

In order to do things one's own way, the amount of guts that one needs to have are tremendous. Are we giving up on our own self in the pretext of reaching the glory that we believe is going to take us places? Are we becoming the slaves of our own destinty?

Is it acceptable to do things against the thoughts which one always vowed to follow? Is it only questions and no answers to the topic of liaison?

The place that I aim to reach, Power sector, is built on the grounds where the rules are set through liaison. One cannot imagine to distribute a single unit of power without ensuring the flow of multiple units of currency under the table.

Iam scared!!

Will I be able to tolerate this? Am I strong enough to bear all that and still manage to live life my way? But as my friend told me, liaison is a small step to reach the goal? If I have to make a difference to the millions around me, it is fine to make sure that a particular person is happy, though it is against the rule book.

Please give me wisdom to chose between the options, but give me the strength and path to make a difference to millions of lives.

Monday, December 03, 2007

What is the price of oil?

Can any one please tell me how much is the price of oil?

My common sense tells me that my costs + profit should equal my selling price...

But in case of oil this equation is not valid at all... In fact I guess any trading of commodities goes against this equation...But, just for our udnerstanding, how much does it really cost to tap the oil reservers, extract them, refine them?

Let us first try and see, what is the total supply and demand of oil as on date, so that if there is a huge mistmatch between them, then we may understand that companies are trying to take advantage of the supply shock and hence hte prices are high...

Demand for oil is: 86 million barrels per day
World oil production growth trends, in the short term, have been flat over the last 18 months. Global production averaged 85.24 mbbl/d in 2006, up 0.76 mbbl/d (0.9%), from 84.48 mbbl/d in 2005.[32] Production in Q3 2007 was 85.08 mbbl/d, down 0.62 mbbl/d (0.7%), from the same period a year earlier.

So the average production of oil is around 84-85 million barrels per day

So, the gap between supply and demand is not tremendous. Inspite of that, the oil prices which were hovering around $30-40 in 2005 have almost touched $100. So, isn't this is a matter of simple speculation which is leading to the tremendous increase in oil prices than the supply shock.
Now, let us identify what exactly are the costs of getting the oil to a consumer...

The cost to produce and deliver gasoline to consumers includes the cost of crude oil to refiners, refinery processing costs, marketing and distribution costs, and finally the retail station costs and taxes.

As per the latest breakdown for the retail price, the coss are as follows:

Distribution Costs, Marketing Costs and Profits: $0.15
Crude Oil Cost: $2.28
Refinery Cost and Profits: $0.34
State Underground & Storage Tank Fee: $0.01
State and Local Sales Tax: $0.25
State Excise Tax: $0.18
Federal Excise Tax: $0.18

Clearly the crude oil prices are the ones which form the major part in determining the prices. But...Iam not yet convinced at the crude oil front...

Most polluted places

On the eve of the new UN summit on global warming, I thought of having a look at the world's most poullted areas...Got the information from msnbc..some of the photos are really heart touching...

The list of all these 10 worst poullted places is realeased in Mid September by Experts from Johns Hopkins University, Harvard University, MIT, Mount Sinai Hospital and other groups devising the listing criteria, which focused on pollution's impact on human health — especially that of children.

Sumgayit, Azerbaijan
Linfen, China
Tianying, China
Sukinda, India
Vapi, India
La Oroya, Peru
Dzerzhinsk, Russia
Norilsk, Russia
Chernobyl, Ukraine
Kabwe, Zambia.

Below are some of the images of these places...



Sunday, December 02, 2007

A/An analysis of A/An IITian's accent

The other day I was reading a book, gifted to me by an IITian. The book is written by an english professor who was vry attached to prepositions and articles. He proposed that any one caught missing these articles should be hanged to death. I read this book during the times when I was not a part of IIT and wasn't affected so much by the usage of an article.

Now that Iam in IIT, my expectations about the proper usage of articles has increased tremendously. Being a part of the elite crowd, I was under the impression that people had good acquaintance with articles. But so far the experience proved disastrous. The existence of "an" seems to be void from the famous lingo of an IITian.

No where could I see such an ill use of "an".

A typical sentence from an IITian would be:

"Can you give me a analysis of a application in a ambient condition of a atmospheric pressure of 1 bar and provide me a information about a apparent shift in a output?"

The author about whom I mentioned earlier, would have committed suicide looking at the above statement.

Ironically, this is exactly the kind of usage one can come across during the course of any disucssion with an IITian. The set of IITians include students, faculty and everyone who has got something associated to it.

With the ability to look at even the minutest details, I wonder how couldn't IIT recognize the importance of an an in its lingo.

Guess, what would the response from an IITian to the above question...

" A IITian may not use a an, since a usage of a an as an an doesn't bring change to a output" :)

DISCLAIMER: I know that some of the best orators are from IIT. The article is intended to be on the lighter tone and not to be taken seriously...but nevertheless when someone is trying to initiate a talk with an IITian be prepared to encounter a an!!

Saturday, December 01, 2007

Conditioning the Air conditioning system

AC has become a necessity in urban India. With scorching heat and increasing closed room work environment, AC has become an indispensable commodity. The purpose of an AC is to ensure the following:
1) Ambient air conditions are maintained
2) Supply of oxygen is maintained
3) Moisture balance
4) Temperate maintenance

But I guess most of us always related it only to the temperature aspect. We are so obsessed about living under sub normal temperatures, that we even boast about our abilities to bear those temperatures. Even when the normal temperatures can be around 22-25 degrees many of us somehow want to live in temperatures less than 18 degrees. This approach, I guess, has got something to do with the misconception that acquaintance with sub normal temperatures show cases one's wealth and affluence. And the ever increasing attitude of Indians to showcase their wealth has made them reduce the temperatures in their living rooms. This in turn leads to an increasing the hot air coming out of AC, more energy consumption and making the outside environment hotter eventually leading it to a vicious cycle.

But the fact that AC is mainly intended to maintain ambient temperature is being ignored, which is leading to an increase in the power consumption. In spite of the burgeoning power crisis, companies seem to be hooked at finding efficient AC solutions to maintain those sub normal temperatures rather than to live in normal temperatures.

China has enforced a rule that all the offices should work under 26-s7 degrees and hence professionals need to attend meetings/conferences without their tie and blazers on.

Decisions of this kind are required in the Indian context because history shows that unless enforced upon, we Indians tend to be concerned only about the immediate luxuries even at the cost of the future generations.