Sunday, January 29, 2017

Major Finanical implication in 2017 and onwards



The financial implications that I am going to speak are my assumptions and findings. It is mainly about general confusions and some expected implication of certain events. I feel everyone can benefit from this, so take some time and go through the same. Do comment in the end for me to improve on my future post like these.

1 Stock market

The final quarter of 2016-17 the market will not have the expected growth which many dealers will hope for; things will change due to the early budget. There are certain stocks that are still performing well even after demonetisation but more stocks will pick up after the budget.  

Certainly there will be better performance of majority of the stock post implementation of GST but there is a down side towards this move also (which is spoken a bit more in detail the next point).

This is a very dicey exception but I am presuming that Trump’s win will have positive impact in the market once he starts his active duties. A lot of people will not agree to me on this but I have a strong feeling towards this. The only result would be would be either I am wrong or right but I am banking on the latter.

2 GST

A lot of things are expected to come from this enactment. The sad truth is that it will not get started in the said time and there will be a lot of hiccups with regards to the filing, registration, payment, etc. Fear not because the Department will give a sizable window to amend things and make payment of differences without penalty and maybe without interest also. The major hiccups in enactment of GST is expected to get resolved with a maximum period of one year, during this period there will be a lot of confusion with the department and the public.

GST is looked up by everyone both locally and internationally. The truth is the most beneficial person is will be wholesalers and retailers as they can take input credit of other than VAT items also, this will impact the price of the most product (other than tobacco and alcohol). This will in turn benefit the customers.

The down side the Act will not impact the stock market as it is introduced/enacted/implemented, the fruits of the Act will bear with time and reflect in the stock market but there will a slight increase/decrease in the stock market on the date of implementation of the Act and therefore, trade with precaution during that time.

3 Two thousand Rupee notes

There is a lot of confusion with regards to this; I will speak of those few problems that I feel are to be explained and clarified.

Initially a lot of people were angry due to the release of a higher currency, the major concern with regards to this were as follows. Firstly getting change for the same will be next to impossible. Secondly such high currency could be printed and fake currency will come back to circulation. Thirdly the two thousand notes will b scarped within this year. Let me explain the above in detail.

Firstly, there were problems getting change for a 2000/- Rs note in the beginning of the move but as 500/- Rs notes were not introduced, I did not find it really difficult to get change other than at a few place where people were insisting that I shop for the whole value. The better part of not getting change has helped Indian’s to move to banking channels and other private payment portals to make and receive payments. This will help the Income Tax department to catch many defaulters in the future with current year and pervious year. People expected India to be completely cashless and this is not possible but even attaining 20% to 50% in India will have a major impact on the economy on the long run.

Secondly, it is true that to print a large currency note would work out in favour of the fake currency racket but due to the sudden change. The racket has taken a major hit and by the time they recover to print the new currency, fake currency machines detection (or money counting machines) will already be out and major people will be scared to take them with a fear of another demonetisation in the future or just scared to carry too much as there will be an insertion in the Income Tax Act 1968 for the amount that came be held by different assesses at a given point of view. The new notes have 17 security features and it isn’t easy to print a fake one. There are a few people that have taken colour Xerox of the new notes and tried to circulate but have been caught within days and are currently being punished for the same. I have been disappointed that the Government did not use the patented currency that Australia has, it would have been a better investment.

Thirdly, too people are in fear that the new 2000/- Rs notes that they have will be scarped by the end of this year. This is not true at all. The Government has already spent huge on printing, distributing, security, etc; it would be a foolish move if the notes are scarped this early. I am not expecting another demonetisation but eventually over a period of 5 years or more the banks may stop issuing 2000/- Rs notes but will only accept them.

4 Banking including RBI

Due to the large deposit that has taken in the banking system, there will be a lot of changes that will benefit the public as well as burn a hole in their pockets.

The major benefit is RBI will be able to write off the currency that was not reintroduced. This will enable RBI to sell the gold deposit either to pay the World Bank or utilize the surplus for growth of the nation. I am looking forward to the reduction in the base points which will in turn enable the banks to issue loans on a lower rate of interest for both personal and corporate. The major remark with banks will be the audits that will conducted by the RBI employees and Chartered Accountants, there will be a lot of mangers that will be caught who were involved in exchanging currency and helping Income Tax defaulters deposit money into accounts through various ways and I personally wish that more Chartered Accountants are assigned with bank audits this year as well as strict additional areas are made to report.

Set backs would mainly include the additional charges that will be levied on cash withdrawals and transfers. As the bank runs with a motive of profit, they would reduce the savings interest rate and increase bank charges to ensure that they don’t incur loss and this would be a major disadvantage but I hope RBI would regulate such charges, to ensure that the public are not over charged. 

One more problem that I want to point of is with corporative banks, which do not per se come under direct regulation with RBI and knowing this there has been a lot of mismanagement that has taken place, I sincerely hope those involved in the mismanagement will be caught and things will be set right.

5 Mr. Narendra Modi

I personally do not like making statements or speaking with regards to politics but this time I have made two exemptions and stating two politicians. I am not speaking for any party nor stating that any party is bad, so please take this and make it a personal agenda.
This is a very unusual point or rather a person that will surely have impact on the financial of the country. I just wanted to save the best point for last because a lot people really feel that demonetisation was Mr. Modi’s trump card but it isn’t.
Yes, demonetisation isn’t his trump card. I really do not know the other changes that he is going to bring this year but I have a strong feeling that he will consult with the respective ministry in charge and will make more changes.
Looking at the way he is performing his duties, I m sure that we as a nation will move ahead with a better growth. I wish I knew what will be his next move but I happy in a way that I don’t and most culprits will caught due to the new changes that he will bring.

Friday, July 24, 2015

Tizen Developer Summit 2015 in Bengaluru

The Tizen operating system comes in multiple profiles to serve different industry requirements. The current Tizen profiles are Tizen IVI (in-vehicle infotainment), Tizen Mobile, Tizen TV, and Tizen Wearable. In addition to that, as of Tizen 3.0, all profiles are built on top of a common, shared infrastructure called Tizen Common.

The Tizen Developer Summit is a regional, technical conference for Tizen developers, App developers, ISVs, Platform designers, Operators, OEMs, Hardware vendors, Software vendors, Open source enthusiasts, and anyone engaged in Tizen. This is the first time a major Tizen event is happening in India. The detailed schedule of the summit can be found on this link: http://tizendevsummit.com/schedule.html

This could be the best and most cost effective way to learn about Tizen, with extremely knowledgeable technical speakers, innovative and abundant program content, and the opportunity to connect and network with peers will just make it even better experience for you.

For application developers and ISVs, Tizen offers the power of native application development with the flexibility of unparalleled HTML5 support. Tizen also offers the potential for application developers to extend their reach to new “smart devices” running Tizen, including wearables, consumer electronics (TVs, gaming consoles, DVRs, etc.), cars and appliances.

Register for the conference here – http://tizendevsummit.com/registration.html

Wednesday, April 29, 2015

Atmosfire

At Atmosfire, they call themselves the party makers. Throwing a party is no longer hard work, thanks to Atmosfire. This unique concept is brought in by Barbeque Nation the pioneer of live grills in India. Atmosfire brings to Bangalore fun, food, fire and friendship together and takes care of all the party needs. It combines fabulous barbecues with fascinating themes and captivating entertainment to create a party no guest will ever forget. In the process, it brings simplicity and quality to a market segment which needed a host to meet and co-ordinate different vendors for each aspect of the party. the minimum number people for the party is 10. Do note that they are not a dine-in or a restaurant but a dial in to arrange a BBQ party at your required location in Bengaluru/Bangalore.

They charge Rs 350 and Rs 450 plus tax person person for Veg with an Edge and Meat Treats respectively. This is the basic package, from which you can add on dishes that you require. If you want alcohol to the party, then you just need to get alcohol and the bartender would mix up cocktails, these are initially priced at Rs 100/- plus tax per person for two drinks.

Indiranagar Location
PC : Atmosfire

Indiranagar LocationPC : Atmosfire

Electronic City Location

Electronic City Location

Mocktails

Cucumber Cooler was a refreshing drink that I required to beat the heat. It did not blend with all the dishes but it was just right with chicken.


Cranberry Fusion is the drink that would go with the majority of the spread but having more than one glass of this does fill you. If you want eat good, then make sure you have just one these and enjoy while it lasts.

Fresh Lime Soda/Water is the ideal drink for me for a barbecue, this helps in digestion and it cleans your palette with every sip.

Starters

Caribbean jerk Chicken was a well cooked starter, the one thing that I found a problem was that the spices had not find it's way to side.

PC : Atmosfire

Peri Peri Chicken Drumstick is always my favorite. This dish was very done and tasted good.

PC : Atmosfire

Coastal BBQ Fish was the dish that made me saw woow. This was a perfectly cooked and well marinated fish, I enjoyed this till the last bite.

Shark’s Steaks with pineapple mojo was an intriguing dish. I thought the taste of the shark would be different but frankly I did not find the difference. The best part of the dish is the way the marinated steak blend with pineapple.

BBQ Assorted Fruits (pineapple /Pears /Guava/Apple ) was the vegetarian dish that was actually different from what I had else where. This had more flavour with the right mix. 

Texas Barbeque Cottage Cheese was average. 


Moroccan Char mole Prawns was good. I liked the flavours in it and it was cooked properly.


Veg Satay (Mock Meat) was well made but it did not carry an addition punch with it.




Bruschetta and Garlic bread was also served which was good.

Arabian Kafta Mutton was to hard to enjoy.


Dips that was served were Zulu Coriander, Garlic Mayo and BBQ Sauce


Main course

Kache Gosht Ki Biryani was very good. I liked the simplicity in the dish.

Dal Tadka with Plain Rice

Desserts

Rasgulla is good.

Fresh Fruit Gateau was more than good. The cream and fruits in the cake was fresh, the best part of the cake was the variety of fruits used and yet they all blended with together.


Bloggers, Staff of Atmosfire and Nucleus

Contact details:

Atmosfire No 501 Binnamanagala extension 1st stage, CMH Road Indiranagar Bangalore 560038

Phone: 080-45511013. InstagramFacebook ; WebSite

District 6

District 6 is place for you, if you desire for good food, refreshing drink and a beautiful atmosphere. The place is well spaced out to accommodate a large number of guests and the spacing between the tables is just right to have any great conversation. The arrangement in the entire place has been made, with keeping in mind different customers needs. The place is beautiful in every direction that you see. The music played here ranges from pop, classic rock, arabic, etc and there is a treat on Wednesday, Friday and Saturday where an in house DJ would spin the tracks.

There is an open kitchen called Deli Kitchen that is serves sandwiches from 1 p.m to 6 p.m, the staff has promised that the average time for a sandwich ranges from 4 to 8 minutes. If you want to have a quick healthy bite in the afternoon then this is a place for you, they are welling to take orders on phone, so that the order would be ready as you arrive. This Deli Kitchen magically transforms itself into a wine and champagne lovers place of paradise. The wine and champagne is displayed in an elegant manner, which is severed in the mostly beautiful, different and eye popping manner.

Beer

This post is mainly about the beer which is brewed and severed. They serve six type of beer, i.e., The Liberator, Summer Radler, Dark Lord, Guru, Kaptain and The Chef.



The Liberator is Lager beer. The beer is fine and the taste of leger does not linger on your tongue once it is down your throat, which was something I personally like. It contains 4.6% alcohol. I personally do not like lager beer in a majority of the places but I am glad to say that District 6 is the place that love I can enjoy a lager beer.

Summer Radler comes in three variants, which are Lemon grass, grape and mix of both. This is a very intriguing beer. The lemon grass was strong enough to enjoy the taste and I thought that the taste would linger in my mouth but they did not last long, I personally liked it that way. I tried the other two variants. This selection haa become my new favorite beer.

Dark Lord is the brewmaster’s favorite and it a Munich malt with a powerful brown caramel after taste. This looks dark enough but it contains 4.5% alcohol. If, you like caramel after taste every time that you take a sip, then this is a beer for you.

Guru is a while brewed beer. This was the only beer that did not intrigue me to have more.

Kaptain is also a Munich malt with a malty clean finish to it. This is on the stronger side with 6% alcohol. If you looking to have the just one beer and enjoy a good tipsy then this is a beer for you, it does not have the harshness that a dark beer tends to have.


The Chef is the wheat malt which is 4.6% in alcohol. This was my favorite beer until Radler landed in my mouth, I liked the way it made itself home in my tummy. This beer actually fills you.


Now I want to just mention the worthy cocktails, dishes and desserts.

Cocktails

Chai Margarita, its a must try, this was the first cocktail I had in this place and I make a point of having at least one of these every time. Green mile is also a good drink which has an evident taste of cucumber taste with every sip.

Starters and Main course

Nachos, Shrimp cocktail, Prawn Balls, Snail sausages with mash potatoes, Homemade Germen pasta. My favorite dish are prawn balls and snail sausage with mash potatoes. 





Desserts

Waffles with cream, blueberry and ice cream on the side is my favorite. The best part is that you can decorate the waffles with the required amount of ingredients that you order the dish it with.


Contact Details:

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Tuesday, April 21, 2015

Tim Tai Once again

This is my second visit to Tim Tai, you could read my previous visit on the following link http://evaluatedpirate.blogspot.in/2014/10/tim-tai-timd-in-for-tais-delights.html.

I was called to review the additions to the menu along with classic ones. The place has not changed a bit with respect to food and decor. This is the place I feel in love with Dimsums. I still enjoy most of their dimsums when ever i get a chance.


The place does not serve liquor, I have the Berry Ice Tea with was on the sweeter side. The sweetness was not for me but it is a good combination to majority of the food. If you have a sweet tooth then you will enjoy this drink till the last drop.


Dimsums:
For the dimsums we were severed Spicy soya & basil, Shanghai Chicken and Shrimp Hargao. The Shrimp Hargao was really good, I ending up having 3 to 4 of them. I personally did not enjoy the Shanghai Chicken and Spicy soya & basil.





Starters:
The starters that was served were Banana Leave Wrap Fish with Balinese Spice, Stuffed Chicken Wings with Glass Noodle Water Chestnuts. The Banana Leave Wrap Fish with Balinese Spice is among my favourite dish and the dish was made to perfection, the dish has its unique texture and it is the best way to start of with fish. The stuffed chicken wings with glass noodle water chestnuts was loved by all but I did not, I felt the dish to be kinda bland.





Main Course:
Tim Tai Special Chilli Coriander Noodle and Hakka Noodle and Garlic & Broccoli Fried Rice Vegetable with Malaysian Family Style Chicken, Vietnamese Spicy Prawn with Lemongrass. I like the noodle here as always and friend rice was normal. The prawns was cooked properly but I did not like the gravy. The Malaysian Family Style Chicken usual panasian dish.






Desserts: 
Water Chestnut Rubies with Coconut Milk, Apple Fritters with Blue Berry Compot and Ice Cream and Choice of Natural Ice Cream. The apple fritters with blue berry compot was amazing. Just make sure that you take a proper spoonful of everything on the plate to get the magical taste, if not you will not enjoy the proper combination of apple fritter with blue berry. The in-house ice creams available here are always is and it will excellent. The Water Chestnut Rubies with Coconut Milk was not up to the mark today, it did not have a consistence sweet flavour but during my previous visit I enjoyed the dish till the last drop.





Baisakhi Celebrations at JW Marriott Bengaluru

Get ready for the most exuberant Baisakhi celebration in town! JW Marriott Bengaluru is all set to present to you the true flavours and colours of Punjab.

Baisakhi calls for pomp, festivity and rich gourmet indulgence, marking the beginning of the New Year and the harvest season. A celebration of colour, dance, music and food, this Baisakhi, JW Marriott Bengaluru invites you to experience the flavours of this vibrant Indian state at the Indian speciality restaurant Spice Terrace.

Set against the backdrop of a traditional street in Amritsar, the celebration is a showcase of authentic cuisine and live entertainment in an elaborate spread from April 10th to 19th.

I had the pleasure to have my first Baisakhi dinner at JW Marriott, the dinner was accompanied by a interaction with Celebrity Chef Jolly. The Chef gave us a brief talk about the celebrations and food that was served to us. He is learner with food, he makes the attempt to go to place to learn the history of the food and he prepares the same with modern cooking techniques. He is magician in the kitchen and foodie outside the kitchen.

Picture credits to Rumana, I was busy eating that I truly forgot to take picture.

Drink

Shikanjvi, this was a really refreshing drink that complimented majority of the dishes that was served to us. I tried the same without the crushed ice and I suggest you not to make the same mistake as me.


Starters

Amritsari Machchi (Fillets of Singhara fish), No Punjabi occasion is complete with out this fish dish. Fillets of Singhara dipped in an ajwain spiced chickpea flour batter and deep fried in mustard oil. It originated from “Hari ke Pattan” a small town by the banks of Sutlej river, a favourite spot for the migratory birds too. I personally loved this.


Methi tey Saron da Tandoori Jheenga (Tandoor grilled prawns), is tandoor grilled, plump Arabian Sea prawns refreshingly marinated in a citric blend of lemon juice, sun dried fenugreek (methi) leaves & mustard paste. If perfectly cooked prawn is kept in-front of me, there is no way to stop me from having the same (other than auspicious days).


Chaampan tey Botiyan, is tandoor roasted lamb chops & boneless cubes, marinated with garlic juice, ginger, green papaya, yogurt, red chilly paste and robust spices. This was loved by all, this went with every dip and without any. This was a tribute to my taste bugs with a properly cooked lamb with its various ingredients.


Til, Pudina Malai Paneer Tikka, is sesame crusted cottage cheese kebabs, marinated in stone ground- mint, green chillies and green mango relish, tandoor roasted. This was not the softest paneer I had but this is among the best ones. I loved the way the paneer actually blended with the all the flavours than being plain inside.



Rajmah Naeyojae tey Khoye di Seekh, is charcoal grilled skewer of red kidney beans, pine nuts and “khoya” milk cake, spiced with freshly pounded peppercorns, black cardamom seeds, cumin seeds & ginger. Served with tangy tomato chutney. This was my second favourite dish after the paneer. This looks simple but it packs a punch of flavours.


Choliyan, Makkai tey Kalonji di Seekh, is charcoal grilled skewers of harvest’s green gram, young corn kernel and nigella seeds. This also taste good but it did not make my list.



Main course

Khaas Murgh, is chicken cubes “khadai roasted”, Indian wok roasted with aromatic spices and herbal marinade of cardamom, cloves, cinnamon quills, mint leaves, yogurt and sunflower seeds, finally enhanced with saffron.


Maah Choliyan di Daal Makhan de naal, is lentil delicacy of whole Urad, Channa daal, red kidney beans, tomato & garlic, simmered overnight on the tandoor, enriched with cream and served with a dollop of home churned butter


Murgh Pulao, is an aromatic combination of chicken and the finest Amritsari Basmati rice cooked on dum in sealed pot. These are sold from the mobile “Raydi” or the carts, served with raita.

Bhartha Amritsari, is charcoal-smoked eggplant mash & green peas, tempered with garlic, green chillies and ginger finished with a dash of lime jus, my favourite pick of selections at “Kesar da dhabha”.


Bharme Amritsari Kulche, is stuffed refined flour dough bread with a choice of spiced potatoes, cottage cheese, onion masala and lamb mince “Keema”.


Missi Roti, is tandoor cooked chick pea flour bread spiced with green chillies, ginger, and onion, soured with sun dried pomegranate seeds.


Gurde Kapurey naal Keema Kaleji, is the ever popular road side lamb dish of Punjab, griddle roasted lamb mince with kidney, liver and sweetbread, cooked with robust spices, ginger, garlic and mild chillies


Kharodeyan da Ras, is shanks of baby lamb, braised patiently in the trotters extract for hours together , subtly infused with aromatic spices and coriander herb. “Paaley” specialises in this unique preparation and here we bring it to you, Amritsar’s finest.


Aawley, Katheal tey Aambiyan da Achaar, is Indian gooseberries, young jack fruit & green mango pre-tempered in mustard oil with nigella seeds, fenugreek seeds, fennel seeds, whole red chillies and then cooked in vinegar. This was yum, everyone fell in love with this.


Dessert


Gulab Jamun. This is biggest jamun I had in my life, it is on the more sweeter side than what is prepared at my home. The jamun was not only big, it was strong enough not to break while being served but soft enough to melt in my mouth.


Katra Aluwaliyan de Jalebiyan, is a traditional sweet dish made from leavened refined flour batter, first fried in the shape of bangles and later steeped in a saffron flavoured sweet honey syrup, served hot. This is Jalebi with Rabri, the jalebi was crisp and yum.



Badaam da Halwa, is traditional sweet of almonds and jagery.