It was my first trip to Hyderabad last week. It's an amazing city, with great infrastructure and nice facilities. However, I found the streets and lanes pretty complicated and confusing!! It was really difficult to reach a given destination at any point in time!! Even the locals could not help much...
Then spent a day each in each of the client's sites - Tondur, Koyeguddam, Kottaguddam and Tuni. Now, these places are at the outskirts of Hyderabad. The locals spoke only Telugu...not Hindi...nor English! Luckily we sometimes had someone assisting us who could communicate in English or else we would have ordered for something and got something else!!!!
Food was great! Never knew that South Indian food can be something which is a lot different from the usual Idli/Dosa/Vada and yet be so good...
The Restaurant ISDA Thai was made with great thinking and designs. Each of articles or items used were imported from Thailand!! So can very well guess the cost that would have been associated with the same. The food was good and the DrInKs too...
Karachi Bakery is a famous place in Hyderabad for buying baked food and other stuffs. I had some great Liquor Chocolates...The chocolates were very tempting, but I avoided buying a whle lot of cake for myself!! Also got a few boxes of the most famous biscuits of Karachi Bakery - The Cherry & Almond ones!!
Thursday, January 14, 2010
Tuesday, December 29, 2009
Hyperinflation - A Nightmare in Zimbabwe!!
Hyperinflation is a situation where inflation rates are very high or out of control. In such conditions, prices rise rapidly and value of currency plummets drastically. Definitions used by the media vary from a cumulative inflation rate over three years approaching 100% to inflation exceeding 50% a month.
The main cause of hyperinflation is a massive and rapid increase in supply of money which is not supported by a growth in goods and services. This results in an imbalance between the supply and demand for the money (including currency and bank deposits), accompanied by a complete loss of confidence in the money, similar to a bank run.
Zimbabwe entered the Hyperinflation zone during January, 2007. Since, then the rates have hardly looked back. In November 2008, Zimbabwe’s annual inflation rate was 89.7 Sextillion (1021) percent. This means that prices are doubled every 24.7 hours approximately. This was a record rate. However, it failed to beat the rate faced by Hungary in June 1946. The table below shows some of the highest inflation rates in the world till today -
Four Zimbabwean Dollars have been introduced since 1980 to tide over the problem of issuing higher currency notes. In fact even the 100 trillion Zimbabwean Dollar bank note was issued. The 3rd Dollar (ZWR) that was created in August 2006, was again revalued in February, 2009. One unit of the new currency (ZWL) was equal to 1 trillion ZWR. The new bank notes of the 4th Dollar was issued in face values of 1, 5, 10, 20, 50, 100 and 500.
Lets hope that situation improves in the future. The hyperinflation in the past have been so devastating that currencies were being used as wall-papers or thrown as trash. Zimbabwe being the first country in the 21st century facing hyperinflation, we can hope that other countries are well equipped to counter it!!
The main cause of hyperinflation is a massive and rapid increase in supply of money which is not supported by a growth in goods and services. This results in an imbalance between the supply and demand for the money (including currency and bank deposits), accompanied by a complete loss of confidence in the money, similar to a bank run.
Zimbabwe entered the Hyperinflation zone during January, 2007. Since, then the rates have hardly looked back. In November 2008, Zimbabwe’s annual inflation rate was 89.7 Sextillion (1021) percent. This means that prices are doubled every 24.7 hours approximately. This was a record rate. However, it failed to beat the rate faced by Hungary in June 1946. The table below shows some of the highest inflation rates in the world till today -
| Country | Month with highest inflation rate | Highest monthly inflation rate | Equivalent daily inflation rate | Time required for prices to double |
|---|---|---|---|---|
| Hungary | July 1946 | 1.30 x 1016% | 195% | 15.6 hours |
| Zimbabwe | Mid-November 2008 (latest measurable) | 79,600,000,000% | 98.0% | 24.7 hours |
| Yugoslavia | January 1994 | 313,000,000% | 64.6% | 1.4 days |
| Germany | October 1923 | 29,500% | 20.9% | 3.7 days |
| Greece | November 1944 | 11,300% | 17.1% | 4.5 days |
| China | May 1949 | 4,210% | 13.4% | 5.6 days |
Source: Prof. Steve H. Hanke, February 5, 2009.
Four Zimbabwean Dollars have been introduced since 1980 to tide over the problem of issuing higher currency notes. In fact even the 100 trillion Zimbabwean Dollar bank note was issued. The 3rd Dollar (ZWR) that was created in August 2006, was again revalued in February, 2009. One unit of the new currency (ZWL) was equal to 1 trillion ZWR. The new bank notes of the 4th Dollar was issued in face values of 1, 5, 10, 20, 50, 100 and 500.
Lets hope that situation improves in the future. The hyperinflation in the past have been so devastating that currencies were being used as wall-papers or thrown as trash. Zimbabwe being the first country in the 21st century facing hyperinflation, we can hope that other countries are well equipped to counter it!!
Monday, December 28, 2009
SOme of the best adds ever made!!
Advertisement is means to communicate the product to probable consumers in the future. Here are some of the best conceptualised adds...
1) Fast Food
2) America Still Appreciates A Good Dumb Blond Joke
3) best tv ad - "three men in a toilet" spoof ad
4) Audi best ad ever
5) BMW funny
1) Fast Food
2) America Still Appreciates A Good Dumb Blond Joke
3) best tv ad - "three men in a toilet" spoof ad
4) Audi best ad ever
5) BMW funny
Wednesday, December 23, 2009
Madhya Pradesh Tourism Ad
The tourism industry has always been a very essential one in India. It is the largest service industry in India. India has witnessed over 5 million annual foreign tourist arrivals and over 550 million domestic tourism visits.
With a diverse culture and eventful histories, India has always been a hot spot for tourists.
Madhya Pradesh (often called the "Heart of India" because of its location in the centre of India), has ben the home to cultural heritage to various religious sects. The Advertisement of the Madhya Pradesh Tourism is a very unique one - Great concept used and very well fanned out.
To watch the Ad on youtube, click on the following link:
Madhya Pradesh Tourism Ad
With a diverse culture and eventful histories, India has always been a hot spot for tourists.
Madhya Pradesh (often called the "Heart of India" because of its location in the centre of India), has ben the home to cultural heritage to various religious sects. The Advertisement of the Madhya Pradesh Tourism is a very unique one - Great concept used and very well fanned out.
To watch the Ad on youtube, click on the following link:
Madhya Pradesh Tourism Ad
Monday, December 21, 2009
Jingle Bell - Punjabi Tadka
What an innovative creation this is. The "Jingle Bell" song in Punjabi style
its funny...its unique...its different...its entertaining!!
Click on the link below to view it on youtube...
Jingle Bell - Punjabi Tadka
its funny...its unique...its different...its entertaining!!
Click on the link below to view it on youtube...
Jingle Bell - Punjabi Tadka
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