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Showing posts from 2019

Why A Casino Always Makes Money

Ever wondered why people almost always lose money in a Casino (except for the few times when luck works in their favour and they leave richer than when they first entered)? Well, for starters, the House always wins because they rig the game. How?

Trade Expectancy

Trade expectancy is the calculation that shows what the typical profit is for each trade that is placed. If it's a negative, the strategy is a loser. Here is an easy way to understand it with a simple example.

Firstly, the calculation combines how many trades are typically won with the average loss on losers and the average gain on winners.

Say for example, you buy a stock at Rs.100, your stop loss/risk for the trade is 10 points (you will sell when the price falls to Rs. 90) and your target is 20 points from you purchase price ( i.e, Rs. 120).

Views from Fort Aguada

Views from Reis Magos

The view we got from Reis Magos, a fort in Bardez, Goa

DHFL is a HOT MESS right now. Why?

Dewan Housing Finance Corporation Ltd. is a home finance company which has caught itself up in a problem they did not see coming. So what's all the fuss about?
This is what normally happens: You put your hard earned money in a low risk debt instrument (usually marketed by a mutual fund)  and forget about it for sometime because you know (or atleast you think you do) your money isn't going anywhere. DHFL comes and borrows money from a debt mutual fund for its HF loans. This keeps on happening periodically and the general understanding is that the company will repay your MF in regular intervals of time. End of story.
This is what has happened:

Cross Default Covenant

Cross default is a provision in a bond indenture or loan agreement that puts a borrower in default if the borrower defaults on another obligation. Simply put, if you take a housing loan from Bank A repayable yearly for 5 years at a fixed interest rate, you are liable to pay the installments at the end of the year. However, if you have also taken some other kinds of loans, say for example, car loan from Bank B, and end up defaulting on that, Bank A will ask you to pay the rest of your amount immediately instead of waiting for the loan term to end.

So, a default on one loan becomes a trigger factor for the repayment of the other loans that you have taken.

Why? The answer is a question.

What guarantee does Bank A have of you paying up their money and not running away when you are struggling to pay up to Bank B right now?

Better to get paid now rather than wait and cry later on. Cut your losses short.

Summer Holiday Reads

The thought of vacations sometimes is a lot more fun than the actual vacation for some people. Summer holidays can get quite boring if you don't have anything on your calendar. At that time, you'll remember just how much you miss college. But the hols (that's a word from the very popular child detective series "The Famous Five") can also be a very good time to brush up on some reading and help widen your perspective and understand of the world while you become a couch potato (atleast that way, you win one time).

I've compiled a list of books that have the power of getting you hooked on and for sometime (even if just for a few hours a day) giving you the opportunity of living the lives of the characters in the books. Afterall they do say, "A normal person lives only One Life, but a reader lives a thousand in a lifetime". 

Jeffery Archer Books: Clifton Chronicles

Mightier than the SwordSins of a Father
 Personal Favorites:

Be Careful What You Wish For O…

Part 2 - Around Goa in 72 hours

Baga Beach in the night was a treat for the eyes. I had come to the same place 9 years ago and it definitely has made a lot of improvement. The shacks are better and have expanded their area and influence onto the sands. Every shack has around 25 to 30 candle lit tables out on the sand with these low lying chairs overlooking the water and LED lights the same colour of their shacks so you know which place you’re eating at. I wanted to see Goa nightlife and I got it. The only problem was the music. It was way too loud. Every shack had a dance floor with each DJ trying to show the other guy that his set was better and speakers louder. So by the end of just 15 mins you wouldn’t really know what song you were listening to. So go eat a shack if you want to just eat and dance (and not talk, it’s useless; you wouldn’t be able to hear anything) otherwise walk on Tito’s lane for the normal restaurants.

Tito’s lane is the life of Baga after the beach. That’s where all the clubs are. That place …

Part 1 - Around Goa in 72 hours




Of Goan Food, Drinks, ‘Feels’ and Stay

Baga Balcony Glass Windows


1st road trip – 1314kms – Mumbai-Goa-Mumbai




CRPF Personnel martyred in J&K

The Central Reserve Police Force (CRPF) is the largest of India's Central Armed Police Forces. The CRPF's primary role lies in assisting the State/Union Territories in police operations to maintain law and order and counter insurgency. With 239 battalions and various other establishments, the CRPF is considered India's largest paramilitary force and has a sanctioned strength of 313,678 personnel. 

Yesterday, at 3:15pm, a Scorpio driven by a Jaish suicide bomber who was a local youth carrying a huge amount of explosives, deliberately crash banged into 1 of the 78 trucks which formed part of the convoy carrying approximately 2500 CRPF personnel who were returning from their vacation and proceeding to resume work in Awantipora, 30kms from Srinagar. 

A Night Under The Stars - Saphale Overnight Sky Observation

I am a winter baby. And I proved it yet again! Day before yesterday, I went on an overnight trip to Saphale (about one and a half hour away from Thane, ahead of Vasai) for a star gazing session which lasted through the whole night. This was the second year that I went through the college.

Caption: That's all of us thanking our "stars" that we made it alive after spending the entire night in an open field, under a star filled sky, without turning into ice princesses. P.S - Temperatures during that night were anywhere between 8-14 degrees celcius. Also, the shiny dot there on top of us is Venus (which we got to see through a telescope)
Last year when I went, everyone started shivering at around 4:30am. But this time, that very same cold got to us at 10:30 in the night itself. We made sure that everyone (even the juniors, because college students somehow tend to have a lot of garam jawaan khoon, and say "didi, humko thandi nhi lagti" but invariably end up taking a…

Tips for first timers going for All-Night Star Gazing

So here's what you should make sure of before you go there:

1. Take food to eat (but not in excess) because there are no restaurants in the village and you're bound to feel hungry during the night.

2. Take a lot of blankets and warm clothing. And I mean a lot. Why? Because this is no where near "Mumbai or Dilli ki thandi". You're going to be out, on an open land (which gets really wet by morning thanks to the dew which forms) with fields all around you, under the stars. So it's really cold. I've only been there in February, so I can't say anything about the weather conditions of the other months.

3. Make sure you carry a plastic to put on the ground(even sleeping bags are useless) and don't get your feet wet (because you may need to cross through water by walking on stepping stones. Cold feet feel horrible). Windcheaters are the next best option.

A tribute to Mahatma Gandhiji on his 71st Death Anniversary

All throughout the year, our college keeps conducting events organized by different clubs and committees. Along with this, we also have DAY OBSERVATIONS where students get together and put up charts/skits/documentaries to spread awareness about something.  On the inside, it seems quite boring to do because it takes around a week to organize but the show gets over in less than 15 minutes. But on some days, it's totally worth it. Like today. 

The Student Council members, NSS volunteers and NCC cadets of my college observed Gandhiji's death anniversary as Martyr's Day today. They put up a beautiful Shraddhanjali set up and performed a skit followed by a candlelight march in the corridor. It was beautiful. I also want to share Bapu's background story with all of you. Since it's probably been quite a long time since anyone has spoken or written about him (I'm guessing your last time would've been during your 10th boards History/Civics paper).

Someone has rightly s…

Republic Day - Women Empowerment

On 26th January, 1950, the Constitution of India came into effect. 70 years on, as we celebrate our 70th Republic Day, students across all schools and colleges performed shows and stunts in honour of the country. Similarly, the NSS (National Service Scheme) and NCC (National Cadet Corps) students of my college put up two spectacular shows yesterday.

While NCC focused on all things military, the NSS volunteers took us through the "Timeline of the Indian National Flag". The highlight of the event was how they made girls take center stage for their Motorcade Formation. In today's age where people are fighting for Women Empowerment, this was an epic moment. And let me tell you, the core idea of making the girls ride Royal Enfields and drive Dusters came from the BOYS.

The NCC cadets were nothing less, with Rifle parades, formations, war depiction scenes and jumping out of moving cars.


The Josh is always HIGH !!!

Everyone's inspired this Republic Day by Uri!

The Josh is always HIGH for these boys!

Republic Day Parade - The full show

Rifle squad, formations, war depiction scene and stunts and motorcade. This college's NCC unit had it all.

In perfect sync and coordination, watch how these cadets pull of dangerous stunts as they show us how and what BRAVERY & HEROISM actually means.

Republic Day Parade - The Motorcade

Only Rifle Parade and Band ? Apparently that wasn't enough for these boys.

Trusting their comrades to take care of them, these cadets sure have each other's backs.

Royal College NCC Unit - 26th Jan - Trust level 100

We wouldn't trust friends with this. But we would definitely TRUST OUR BROTHERS.

Walking through the rifles.

Insane energy at Tata Mumbai Marathon

To read about the experience, visit @TMM

Tata Mumbai Marathon 2019

If you want to run, run a mile. If you want to experience a different life, run a Marathon. 19 RUNNERS & 200+ VOLUNTEERSTata Mumbai Marathon was an experience to say the very least. With over 200+ student volunteers and 19 runners from college, we set off at 4:30am from home. TMM had 6 category marathons: Marathon 46kmsHalf Marathon 21kmsOpen 10kms Dream Run 5.9kms Senior Citizens Run 4.2kms  Champions with Disability 1.5kms  Since we were participating in the Dream Run of 5.9kms, our starting point was closest from CST  Station. That required us to switch trains at Dadar. You'd expect the station to be empty so early in the morning. But this was Mumbai - the city that never sleeps. Crowded with people (mostly marathon runners), this place bustling with activity.

Sambar Spotting at Nagzira Tiger Reserve

Welcome to the Nagzira Forest - The entry

Nagzira 2018 - Leopard Sighting

The weird noises that you can hear in the background are the warning calls given by the other animals around. Other than that, there was pin drop silence in the jungle. Oh! And not to forget the sounds of our thumping hearts!

Close Encounters - Spotting a LEOPARD 12ft away @Nagpur


Times Lit Fest 2018 - Mehboob Studios, Bandra

16th December 2018. What was supposed to be a lazy Sunday morning turned out to be the best and most fulfilling Sunday I had had in weeks. Up until the night before, my plans included going for a Birding Session with my college's Nature Club to Aarey Colony, Goregaon at 5:30 in the morning. For reasons best left unsaid, I decided to sleep in. But what are fathers for then? My dad told me that just because I had woken up late, it didn't mean that I wouldn't be doing anything the whole day. Out came the Times of India where he found out that 16th December was the last day of Times Lit Fest. Within the next 2 hours, I was on a train to Bandra with the Fest Schedule in my hand, circling out the events I wanted to attend.

The theme was WATER. So everything was in shades of blue. Which made me feel as if I had just walked onto the sets of Aquaman. Minus Jason Momoa and Amber Heard.

 Mehboob Studio's halls were named after all the Sponsors for their event. So as you walked i…

One Page Calendar 2019