20 years ago today the financial markets saw the largest one-day percentage decline in Dow Jones history, aka Black Monday. I can still remember where I was when I heard the news. I was sitting in the gym of Washington Catholic High School in Washington, Indiana watching the basketball team practice and [...]
Entries from October 2007
Flashback Friday
October 19th, 2007 · No Comments
Indian Market Update
October 17th, 2007 · No Comments
I was at the gym Tuesday night when the ticker flashed on CNBC-18 - “SEBI issues a report on P-Notes.” My first reaction was “fu!#@$ the markets are going to crash.”
The report by the Securities and Exchange Board of India (SEBI) outlined measure to control the foreign flow of funds into India via P-Notes. [...]
Tags: Investing
YAGS
October 16th, 2007 · No Comments
I’m hooked onto Yet Another Google Service (YAGS)…this one is GrandCentral. It’s a phone service that is essentially a call router. You get a new number from GrandCentral and then you configure the service to call up to 3 other phones. I first thought it was a Skype replacement but in fact [...]
Tags: Technology
Online Robbery
October 10th, 2007 · 1 Comment
I routinely joke that Indians are bad at math, because the rates that people pay for financial products here in India is sometimes off the charts. The interest rate on credit cards right now is around 37% a year - ouch.
Till 2 years ago, as an Indian citizen you could not remit more than [...]
iPhone on Airtel
October 6th, 2007 · No Comments
After buying the iPhone at the Fifth Avenue store in NYC, I finally got around to unlocking it so it works in India on the Airtel network. When I was in NYC I used the AT&T prepaid service for a couple of weeks and the phone is great. It has a slick interface [...]
Tags: Technology
2 years in India
October 1st, 2007 · No Comments
On Oct 1, 2005, I was on a flight to India for a 6 month business trip. Fast forward to Oct 1, 2007, again I’ll be on a flight to India. Yup, two years in India where has the time gone. A lot has happened both on the personal and business front. Personally, I [...]
Tags: India