India is now a $1 Trillion Economy -- yoohoo!

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India is now a trillion-dollar economy.

According to a Credit Suisse report, Indian GDP at the current price level of the rupee (Rs 40.76 per $) stands at $1trillion. The strengthening rupee has now made India the 12^th country to achieve this milestone.

With the Rupee appreciating to below 41 against the US dollar on Wednesday, it was the first day for the economy to be a trillion-dollar economy.

The report said that India's stock market capitalisation too stands at $944 billion, just shy of the $1-trillion mark. However, if one stretches the definition of what constitutes an Indian stock, plus does a rounding, the Indian stock market is also about a trillion dollars as of Wednesday."

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The old woman who gave her town a swimming pool

An inspiring video of how Maisie raised hundreds of thousands of dollars in her own simple and inspiring way.

Super cool bluetooth headset

Jawbone is one of the best bluetooth headsets around currently ... its noice cancellation feature is the best ...

read more here

Also watch this amazing demo

Are you getting ripped at the gas pump?

An interesting video about how gas pump owners are making billions of dollars from ordinary consumers!

New science of sharing

From charityfocus

New Science of Sharing

Charles Terry sends in a great Business Week article on the New Science of Sharing:

"As large-scale scientific collaborations become the norm, scientists will rely increasingly on distributed methods of collecting data, verifying discoveries, and testing hypotheses not only to speed things up but to improve the veracity of scientific knowledge itself."

"Leading scientific observers already expect more change in the next 50 years of science than in the last 400 years of inquiry combined. As the pace of science quickens, there will be less value in stashing new scientific ideas, methods, and results in subscription-only journals and databases, and more value in wide-open collaborative-knowledge platforms that are refreshed with each new discovery."

"As mass collaboration takes root in the scientific community, companies have an opportunity to rethink how they do science, and even how they compete. One area in which new open scientific collaborations can pay dividends is in the early detection of disruptive innovations that could threaten a company's product roadmap—or, even better, generate entirely new products and services."

Kirchoff's law in action

An awesome forward that I got ...

Kirchoff's Current Law
At every node, the sum of all currents entering a node must equal zero.

Kirchoff's Voltage Law (KVL)
The voltage law says that the sum of voltages around every closed loop in the circuit must equal zero.

Exercise :
Please apply Kirchoff's Current and Voltage laws to the following figures. And submit the assignments by today evening. J
Figure 1:

Figure 2:

Apple Keeps Humming

"Apple's (AAPL - Cramer's Take - Stockpickr - Rating) deal to put the EMI music catalog on its iTunes store without antipiracy software is a master stroke that should cement Apple's dominance -- and could lead the change in how most consumers get their music.

The Digital Rights Management-free tracks from EMI will be priced higher -- at $1.29 a song -- than their protected counterparts, but will come at a higher quality. "

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Jayasuriya salutes one of his best hundreds

"The left-hander, who said he wanted to finish the World Cup "on a very good note" before deciding on his future, still appears to have the same drive and passion for his game now as he always has."

Probably this is one of the key distinctions between the 37-yr old Jayasuriya and 33-yr old Sachin Tendulkar

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