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Cup of fomented Hopes and shattered Dreams

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A report on the ongoing Fifa World Cup The 20 th Fifa world cup held in Brazil for the 2 nd time after 1950 has been so far quite an event of upsets, fortuitous and startling proceedings. At the primero uno stage of the cup the big guns like Spain, England, Portugal and Italy lost out of the competition. The so called less popular teams like Chile, Ghana, Mexico and USA  gave quite a competition to these big guns. The curtain raiser Brazil Croatia match portrays Croatia’s inability to match up the Brazilian skills and thus easily defeated.  The first big match that between the 2010’s champion and the runners up displays the tragedy of the Spanish squad as they were virtually blown away by the Dutch attack led by the Arjen Robben and the flying Dutchman, Robin Van Persie. Robben the Dutch lightning rod seems unstoppable as his blows were so severe that the Spanish defense under the stalwarts like Sergio Ramos, Pique and Cassias looks helpless. The leftover Sp...

Railway Budget 2014: Promise of Service over Popularistic gimmicks

Sadananda Gowda's rail budget 2014 seems aiming to focus on modernization and refurbishment of railways, the cardinal designs of Prime Minister Narendra Modi's docket on infrastructure development. Presenting his maiden budget the railway minister said that they are prioritizing time lines to finish pending projects. Government today said 340 railway projects, including launch of new rail lines, were pending for want of funds that nearly amounts to about 5 lakh crore, the Lok Sabha was informed today. Railways' finance being in dire straits the railways is left with negligible resources for infrastructure upgradation. The railways' operating ratio, a measure of expenses as a percentage of revenue, has declined from 76 per cent in FY08 to an estimated 90.8 per cent in FY14. Last month's fare hike, the steepest in the last 15 years, will add around Rs. 10,000 crore to railway's revenues. But will that be enough to plug the losses the government incurs on ...