all Gyan BIG & small

I realised that most who are searching for a EMI formula will not read a long blog - To download the EMI / Loan Amortization Template and the formulae - click here To read the descriptive blog about EMI / Loan Amortization - click here .

I walk into my home today to find a mail from my Banker - there is an increase of 150 Basis Points in the Home Loan interest rate - meaning, my house loan has increased by 1.5% - What stumped my the most is this - My House loan tenure is increased to 425 months from 240 months, keeping the EMI (Equated Monthly Installment / Amortization Money) constant. It took about 2-3 minutes to understand that a 1.5% increase in house loan can actually almost double my repayment period - and needless to say, you would almost pay 80% than what you actually would have paid at the end of the agreed period - in my case 24 months. There was no mathematical error - and the easier way to decrease my 80% additional payout is to increase my EMI by just about 8% a month. At first, I took the easy way out asking uncle "Google" for the formula for amortization / calculate payout months with EMI constant, and for a surprise - I did not get any simple answers - There were some good Excel Templates on M...

Wipro had the fastest IT response time – under 2 mins – every time, all the time :) - Amazing All most every single Finance / HR head across all the companies have been sacked / tried for either financial fraud or sexual abuse!!! – And all these companies have the longest essays on everything ‘ethical’ All but at one company (SumTotal) – I have seen people make-out or watch porn in the conference room A comment that’s blog worthy Working with XXXX is like reliving the dream of high school - except that....in high school it was fun, but a few years down the lane, you see it as being stupid and occasionally laugh at yourself....but it gets even more frustrating when you have to hear self appointed pompous asses who make a big deal of it - grow up guys!!!! Unfortunately... I am living that for now - just can't wait to get out of high school No company ever gave a financial bonus to any employees, while each maintained at least 40% profit Y-O-Y Across all companies – ‘hikes ‘ came bef...

All of us, for a better part of our lives are in “search of excellence”, and at some point in time, we might take a pause, be content with what we have , or just become too complacent with the world around us –but even in that state of complacency we still look for a better state – Too bad, this running never stops – the quest for ‘higher ‘never ends. And I guess the reason is this – the World we live in is defined by order – now before you can jump off saying it can be defined by chaos also, based on being of an alternate world view- Click here Let me use a negative sounding word for this apparent search for excellence – “altered reality” – we all tend to live in an altered reality – Taking a rather mathematical approach to this altered reality - How we choose the variables of altered reality define the way we progress in this helping us estimate how big this constant of alteration is (in simple words – how heavy or light) – reality my friend is rather easy – its staring right into ou...

Those closest to me, must have heard this many a times – my passion is Physics, and my career is Management – I was watching this program called – “Elegant Universe” - It left me wondering for a moment (well the whole evening), if I should have pursued Physics, got into research etc etc –but by the time I write this blog (a day later) – I am happy to sit and watch these programs and marvel at how Theoretical Physics has progressed and blah blah… I guess I need a break :)

Scenario 1 - The world is based on ‘Order’. ‘Order’ assumes perfection and perfection assumes a relentless quest for improvement – We mess this ‘Order’ – things mess up – We start working our way out of the mess –meaning – start progressing towards ‘Order’. Scenario 2- The world is defined as a ‘Chaos’ – and we are not grounded by any rules – after all, ‘Chaos’ cannot have any rules – but then a desire to have a something a little better kicks in – and we bring in some ‘Order’ to a small, chaotic part – meaning me are ruining the ‘Chaos’ by brining any ‘Order’ – or in ‘Order’ to maintain a perfect chaotic world, we need to ensure that the ‘Chaos’ remains – and anything that ensures that something remains in its state is ‘Order’ – meaning – ‘Chaos’ is a self destructing proposition. (That’s why I don’t believe in fate as it assumes ‘Chaos’ as a basis – while ‘Order’ assumes God –will deal about this in another blog) This blog post is dedicate to Supriya , who I think holds the fastest c...