Monday, February 20, 2006

Beyond Tomorrow

There is a special show about the innovations in various fields which is aired on Discovery Channel, from 20th to 24th Feb 2006 everyday at 8:00 pm, and then on from every Friday at 8:00 pm. Today I just happened to see the program. It showed some 5 or 6 innovations from some robots to improving the fertility in Cheetahs, among which a detailed review about the Airbus A380 and the company z-corparation were good. I am amazed at its gigantic structure and also its manufacturing process. It said that about 850 passengers could be seated if all were economic classes. That's really really a very huge number. And the thrust it generates for the pick-up is equivalent to that of 2000 cars. Not only that, they also showed the interiors which are well decorated, luxurious, has space for conferance, entertainment and much more. The other one was a thought-breaking innovation. PRINTING 3D. I mean, structuring 3D products out from a machine, just like how you get a paper out of the photocopier or a printer. Just check out this link http://www.zcorp.com/. It means just you can send any product instantly over the net. Just send it's 3d scanned image and the zcorp 3D printer is there for you to "print" it instantaneously(ofcourse, you should not take "instantaneous" in its literal meaning)

Sunday, February 12, 2006

Interest in Investments

As the financial year is coming to end, like any other tax-payer, I too got interested or atleast made to get interested in the investments. Recently only I realised that there are a hundreds of schemes moving arount in the market in the name of tax-savings. All are new financial jargons. They say something like SIP, ULIP, ELSS, NSC, PPF so much and more. There a dozens of different investment categories and in each of those another dozens of companies promoting dozenes of different schemes under each category. You will be really confused whether to take a Mutual Fund, invest in Provident Fund or put your money safe in the Post office savings certificate or take up an additional insurance, but will never come up with a single answer. These are in some sense comparable to the cell-phone schemes. Too many operators, too many options. Similarly, here these people call themselves as AMCs(Asset Management Companies). Again, there is still possiblity if you invest in Shares, MFs and so, you can end up like making paper-ships out of your hard-earned 1000 rupee note and see it happily gliding through the river. But that is only the pessimistic view about it. You can even get a TITANIC ship with the same 1000 rupee note. But again, you cannot assure the safety of the TITANIC too.