Archive for April, 2007

Rubik’s cube Challenge

Sunday, April 29th, 2007

Last night I entered into a challenge : to solve the given Rubik’s cube with in two days. Of course we know that there are people who can solve it in half minute, blind folded. But I have never gone any farther than solving two faces. And none of us are aware how difficult it is. So we agreed for two days. But then I will be traveling sometime in between. So the deadline is extended by another day, to 2nd May at 3:00 AM.

For now it looks to be a easy task, with three days and google in hand. A quick search, gave me the following seven step recipe. OK, enough of blogging. I will get back to solving it.

By the way the losers ( they, of course :) ) will buy the whole group a lunch at MTR. In any case it will be a good outing, especially since I will be (possibly) moving to Hyderabad with in three months, I should go out more and more often with friends here. (Lot many eateries to revisit before I leave Bangalore. More about it later)

India is now a trillion-dollar economy

Saturday, April 28th, 2007

Indian GDP at the current price level of the rupee stands at $1trillion. This historic moment is a result of the US dollar now being available for Rs. 40.76. This makes India 12th country to attain this status.

According to the financial industry reports, eight out of the 10 economies had their stock markets rise in the one-year period after they first crossed $1trillion mark in GDP. Lets hope that the market sentiment associated with this milestone will create tonnes of smiles in the form of financially happy Indian families.

Ofcourse, exporters will have tough time handling the conversion rate. But it will/should only be a temporary setback.

Some trivia:

  • The rupee’s previous strongest position was in May 1998 when it traded 40.91 to a dollar.
  • In 2000-01, India’s GDP was under $500 billion
  • A dollar costed Rs.7.5 in 1970 and Rs.7.8 in 1980