Reservations in higher instutions

Today marks an important day in the history of India. Govt. of India is moving 50 years back by introducing 27% reservation for OBCs (Other Backward Classes). What that means is any un-derserving OBC who doesnt even deserve to sit for the prestigious IIT exam, will get a seat at your expense, just by sitting in the exam. Its amazing how politicians control your future. If you want to get more frustrated, read this conversation between Karan Thapar and Arjun Singh.

While there have been numerous protests, most significantly by doctors at AIIMS, theres hardly anything that came out of it.
Next step for future aspirants of IITs/IIMs/AIIMS: Do whatever but get yourself an OBC certificate.

India booming

Less than a year back, when the Indian stock market (Sensex) was at its peak of 6,000 , I bought a mutual fund (equity based) and immediately sold it in a month as the sensex reached a high of 7,000. I made a cool 10% profit in 1 month and couldnt have been more happier than that. However, during the past 10 months, the market has scaled to newer heights (Its more than 12,600 as of today. Yes, its past the Dow Jones) and I wonder where will it stop.

This is one of the best 1-yr stock charts (courtsey Galatime) I have ever seen.

Web 2.0 boom or bust

This is a nice roster of upcoming web2.0 companies. A bigger collection can also be found here. With so many companies doing the same stuff, and a meagre audience, I wonder how many of these will make real money ? Is it the start of web2.0 bust ?