Hab****,
Personally, I am not so impressed with the Ambani brother's and their
combined wealth of $100B. This is a travesty, given that the total
GDP of India is ~$1100B - and therefore, their wealth is about 9% the
total GDP of India. This highlights the gross inequalities in
India.
Regarding how India is doing economically, did you realize that the
IMF has *DEVALUED* India's PPP from about $4500/year to $2700/year?
This is a 40% decrease, and they did this around January 2008. Now,
to be fair, they *devalued* the PPP of China (also about 40%) and
Bangladesh (by about 36%), but they did not do so for Pakistan.
I would much rather that India has 100 millionaires rather than 1
billionaire, even though the billionaire has more money than the 100
millionaires. Distributing the money to hundred people is more
equitable than the gross inequality and concentration of power that
billionairism brings.
On Apr 19, 7:31 am, hab...@[EMAIL PROTECTED]
(hab****) wrote:
> Pakistanis and Arabs should give up this mad male cruel
> monotheism and bring up wor****pping of goddesses of learning , wealth
> etc.
>
> Capital suggestion
> By Dr Farrukh Saleem
> 12/9/2007
>
> Here's what is happening in India:
>
> The two Ambani brothers can buy 100 percent of every company listed on
> the Karachi Stock Exchange (KSE) and would still be left with $30
> billion to spare. The four richest Indians can buy up all goods and
> services
> produced over a year by 169 million Pakistanis and still be left with
> $60 billion to spare. The four richest Indians are now richer than
> the
> forty richest Chinese.
>
> In November, Bombay Stock Exchange's benchmark Sen*** flirted with
> 20,000 points. As a consequence, Mukesh Ambani's Reliance Industries
> became
> a $100 billion company (the entire KSE is capitalized at $65
> billion).
> Mukesh owns 48 percent of Reliance.
>
> In November, comes Neeta's birthday. Neeta turned f only-four three
> weeks ago. Look what she got from her husband as her birthday
> present: A
> sixty-million dollar jet with a custom fitted master bedroom,
> bathroom
> with mood lighting, a sky bar, entertainment cabins, satellite
> television, wireless communication and a separate cabin with game
> consoles.
> Neeta is Mukesh Ambani's wife, and Mukesh is not India's richest but
> t he
> second richest.
>
> Mukesh is now building his new home, Residence Antillia (after a
> mythical, phantom island somewhere in the Atlantic Ocean). At a cost
> of $1
> billion this would be the most expensive home on the face of the
> planet.
> At 173 meters tall Mukesh's new family residence, for a family of
> six,
> will be the equivalent of a 60-storeyed building. The first six
> floors
> are reserved for parking. The seventh floor is for car servicing and
> maintenance. The eighth floor houses a mini-theatre. Then there's a
> health club, a gym and a swimming pool. Two floors are reserved for
> Ambani
> family's guests. Four floors above the guest floors are family floors
> all with a superb view of the Arabian Sea. On top of everything are
> three
> helipads. A staff of 600 is expected to care for the family and their
> family home.
>
> In 2004, India became the 3rd most attractive foreign direct
> investment
> destination. Pakistan wasn't even in the top 25 countries. In 2004,
> the United Nations, the representative body of 192 sovereign member
> states, had requested the Election Commission of India to assist the
> UN in
> the holding elections in Al Jumhuriyah al Iraqiyah and Dowlat-e
> Eslami-ye Afghanestan. Why the Election Commission of India and not
> the
> Election Commission of Pakistan? After all, Islamabad is closer to
> Kabul than
> is Delhi.
>
> Imagine, 12 percent of all American scientists are of Indian origin;
> 38
> percent of doctors in America are Indian; 36 percent of NASA
> scientists are Indians; 34 percent of Microsoft employees are
> Indians; and 28
> percent of IBM employees are Indians.
>
> For the record: Sabeer Bhatia created and founded Hotmail. Sun
> Microsystems was founded by Vinod Khosla. The Intel Pentium
> processor, that
> runs 90 percent of all computers, was fathered by Vinod Dham. Rajiv
> Gupta
> co-invented Hewlett Packard's E-speak project. Four out of ten
> Silicon
> Valley start-ups are run by Indians. Bollywood produces 800 movies
> per
> year and s ix Indian ladies have won Miss Universe/Miss World titles
> over the past 10 years.
>
> For the record: Azim Premji, the richest Muslim entrepreneur on the
> face of the planet, was born in Bombay and now lives in Bangalore.
> India
> now has more than three dozen billionaires; Pakistan has none (not a
> single dollar billionaire).
>
> The other amazing aspect is the rapid pace at which India is creating
> wealth. In 2002, Dhirubhai Ambani, Mukesh and Anil Ambani's father,
> left
> his two sons a fortune worth $2.8 billion. In 2007, their combined
> wealth stood at $94 billion. On 29 October 2007, as a result of the
> stock
> market rally and the appreciation of the Indian rupee, Mukesh became
> the richest person in the world, with net worth climbing to US$63.2
> billion (Bill Gates, the richest American, stands at around $56
> billion).
> Indians and Pakistanis have the same Y-chromosome haplogroup. We have
> the same genetic sequence and the same genetic marker (namely: M124).
> We
> have the same DNA molecule, the same DNA sequence. Our culture, our
> traditions and our cuisine are all the same. We watch the same movies
> and
> sing the same songs. What is it that Indians have and we don't?
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