Maverick

Read this article, India’s non-paper proposed more autonomy for Kashmir: Report
Kashmir issue is more complex then what we can imagine, neither sides tells the whole truth to its citizens and there is none left in the original kashmir valley to speak out the truth. In the midst of all the terrorists activities going on, trying to find a permanent solution is a nightmare. I strongly believe neither sides would like to have a solution as both the countries political parties have wooed the voters shouting on their kashmir policies and unless they get a bigger issue then kashmir, they wouldn’t like to solve it out. And as this article says, if India grants more autonomy to Kashmir then won’t all other states of India asks the same? I hope the policy makers, think twice before granting autonomy as a permanent solution for kashmir.

Oil field shutdown likely to hike state’s gas prices – Sunday’s shut-down of a major Alaskan oil field will likely push California’s gasoline prices higher. I remember, last week I filled my tank with a price of 2.99$ per gallon of regular. That’s the best rate I received in the last couple of weeks.
(1 Gallon is equal to 3.785 Litres roughly and Gasoline in US is called as Petrol in India).
Now this news on Gasoline price hike is coming up again. But why do Gasoline prices fluctuate?

As the picture indicates, the cost to produce and deliver gasoline to consumers includes the cost of crude oil to refiners, refinery processing costs, marketing and distribution costs, and finally the retail station costs and taxes. Understandable with Mid-East tensions, and with the supply and demand, the crude oil prices worldwide has been climbing up. But can’t the government cuts the taxes it levies? (roughly 23% of gasoline price we pay in the form of tax).

Californians typically pay more than the residents of neighboring states, the result of high California taxes and the relatively small number of refineries that make the state’s gasoline. Now adding up the local county taxes makes it makes it even more difficult. Am afraid further increase in Gasoline prices, will change the way people live their lives.

World bank report on Top 30 Economies, based on ease of doing business.

 

Good to see lot of Asian Economies involved in the act. India may be one of the largest economy but still long way to go, reforming up to make it easy for business must be the top priority. More the Entrepreuners, more the growth.
One funny thing I noted here in this report is it takes 363 days to register property in Bangladesh. It’s just 1 long year man!!.