Pakistan signed a deal for the supply of natural gas 750 million metric cubic units a day to 1 billion cubic units a day. This deal was worth 7.5 billion USD. Though I really don't know the pricing of the gas.
The pipeline that was to come to India was to be 2700 Kms and now they have settled at only 900 Kms. Had India joined the deal, despite Pakistan's assurance that it will try to safeguard the pipeline, India can never be sure of the safety of the two-thirds of the pipeline that is non-critical to Pakistan.
Earlier India had made a statement saying that the transit tariff demanded by Pakistan is very high. It was speculated that this tariff would mean that Pakistan would have a significantly shorter investment recovery time than India.
And with the recent oil field investments by ONGC in Venezuela and Russia, and gas field discovery by RIL, India does not feel so pressed for energy as it once was.
Wednesday, March 17, 2010
Iran, Pakistan ink the gas pipeline deal without India
Facebook surpasses Google in the number of hits
Facebook had more number of hits than Google for the first time (in US) last week (ending March 13th 2010).This marks a huge shift in the internet usage pattern from the past.
Going by the usage, now connection seems to be more important than information.
Though Google owned sites, Youtube, Gmail and Picassa are widely visited, most of Google's revenues are from its sponsored search results.
Such usage changes could mean that companies looking for online advertisement might first look at Facebook than Google. Since Facebook allows one to join many special interest groups, the chances of landing a relevant ad is higher there. In the world of internet marketing, making the ad relevant is as important as anything else.
Though Gmail also has better targeted ads, based on your email content.
Be that as it may, the market leader has been displaced, and in the time to come, we can be sure of heightened war for the eyeballs.
Monday, March 15, 2010
From being an engineer to a media guy
This is a query (and my response to it) that came on my school's alumni association site(www.chinmayasmileys.org) about a guy who wants to go into media related role rather than being an engineer. I thought it might be of use to someone else who is reading this blog.
The text in green is the query.
Hari Om everyone,
Ah well m doin b.tech in comp science From NMIMS university.
So the thing is that i don like engg a lot..
I mean though i understand wat they teach here but i don like solving problems based on the things they teach.
And i have always been very keenly interested in media and communication,
So is there something i can do ..after graduation that would get me into my desired field...
Hope u reply soon....and i am gonna complete my graduation next year may...