31–40 of 60 posts
This is nothing. Every time somebody finds an easier way of doing things, the government and the babucracy finds a way of muscling in and making it as bad as all the earlier options. Some of it is not bad, but others are nuts. I should start a list. - Vehicles registered in one state cant be used for too long in another state - Banks have insane policies - Online electronic tax filing requires that you complete the p…
India has a lot of public policy mishaps such as this. It seems that the people making these rules oftentimes don't do adequate research regarding what's feasible for such a large developing, and rapidly changing country. A couple of other examples: There was recently a rule to limit SMS spam by limiting each cell phone to receive a max of 100 texts per day, there still is a rule where you can't entering the country…
> IIT students were arbitrarily limited in the number of hours they could spend online because some administrator thought they should get out more Wow, I didn't believe you at first, but it appears to be true. [1][2][3] They appear to be justifying by claiming, besides that it prevents them from meeting others, that it somehow causes suicide and depression and that it is responsible for falling grades. Does anyone kn…
Earlier quoted context omitted.
I'm quite willing to be convinced that a conservative monetary system has shielded some countries from certain isssues, but some economist saying so doesn't make it so, not even if he's a famous economist. So some background on the mechanics would be nice.
Not sure if you read the NYT article but it goes into some detail.
Now it's an NYT article, on the guy itself and not so much on the economic issues, so for the article, it's fine. But the claim that India was shielded from more economic woes because of this guy is a claim that cannot be backed up with just what is in this article.
http://www.kanai.net/weblog/archive/2007/01/26/00h53m55s#003...
Earlier quoted context omitted.
> IIT students were arbitrarily limited in the number of hours they could spend online because some administrator thought they should get out more Wow, I didn't believe you at first, but it appears to be true. [1][2][3] They appear to be justifying by claiming, besides that it prevents them from meeting others, that it somehow causes suicide and depression and that it is responsible for falling grades. Does anyone kn…
Well they are even planning to remove all ceiling fans: http://www.indianexpress.com/news/iit-to-remove-ceiling-fans...
India has a lot of public policy mishaps such as this. It seems that the people making these rules oftentimes don't do adequate research regarding what's feasible for such a large developing, and rapidly changing country. A couple of other examples: There was recently a rule to limit SMS spam by limiting each cell phone to receive a max of 100 texts per day, there still is a rule where you can't entering the country…
> IIT students were arbitrarily limited in the number of hours they could spend online because some administrator thought they should get out more Wow, I didn't believe you at first, but it appears to be true. [1][2][3] They appear to be justifying by claiming, besides that it prevents them from meeting others, that it somehow causes suicide and depression and that it is responsible for falling grades. Does anyone kn…
Earlier quoted context omitted.
It usually is :) but cleartrip might just be right here to blame the banks. Asking for more secure authentication is a good idea, particularly in India where on more than one occasion, I've had to stop people from writing down my credit card number for "the record". That transaction volumes decreased on the /first/ day 3-D secure (and now, the one-time password) was implemented is hardly surprising, but I think once…
I agree with your point I have found it hard to prevent merchants from writing down credit card numbers(!!!) and these additional layers of security are needed for the market. On the contrary, though I am a regular user of credit / debit cards for online transactions in India - atleast 3-5 times a month, I have found it really hard to use my credit card from the beginning of the month since they introduced the one-ti…
Of course, this does defeat the purpose of an IVR transaction :)
For what it's worth, I'm optimistic: the banks might listen to customer complaints and actually do something about it. I admit that I have no idea what they could do: AFAIK there's no way a telco could even guarantee that a SMS is delivered immediately after it is sent
This is nothing. Every time somebody finds an easier way of doing things, the government and the babucracy finds a way of muscling in and making it as bad as all the earlier options. Some of it is not bad, but others are nuts. I should start a list. - Vehicles registered in one state cant be used for too long in another state - Banks have insane policies - Online electronic tax filing requires that you complete the p…
Well, you certainly can digitally sign your return - then you won't have to send your physically signed copy.
India has a lot of public policy mishaps such as this. It seems that the people making these rules oftentimes don't do adequate research regarding what's feasible for such a large developing, and rapidly changing country. A couple of other examples: There was recently a rule to limit SMS spam by limiting each cell phone to receive a max of 100 texts per day, there still is a rule where you can't entering the country…
India is generally conservative about financial issues. In this case, it puts them on the wrong side. But their conservative approach also shielded India from the banking crisis experienced by US etc. From http://www.nytimes.com/2009/06/26/business/global/26reddy.ht... “If America had a central bank chief like Y. V. Reddy, the U.S. economy would not have been such a mess,” Joseph E. Stiglitz, the economist and Nobel…
This is nothing. Every time somebody finds an easier way of doing things, the government and the babucracy finds a way of muscling in and making it as bad as all the earlier options. Some of it is not bad, but others are nuts. I should start a list. - Vehicles registered in one state cant be used for too long in another state - Banks have insane policies - Online electronic tax filing requires that you complete the p…
> Online electronic tax filing requires that you complete the process in paper format as well. To complete the electronic process you have to send it in by normal snail mail as well. And you cant get acknowledgments. Well, you certainly can digitally sign your return - then you won't have to send your physically signed copy.