Mulla Nasruddin once took up a job as a coachman and one day had to drive his employer to a disreputable part of the town.
"Keep your eyes open," his employer advised him as he alighted from the coach at his destination. "This place is infested with thieves."
Some time later the man thought of checking on his new employee.
"Is everything all right? What are you doing now?" he shouted from a window of the house he had gone into.
"I'm sitting here wondering what happens to a man's lap when he gets up," the Mulla shouted back.
A little later the employer again shouted from the window"
"What are you doing now?!"
"I'm wondering what happens to a fist when the fingers are unclenched," shouted Nasruddin.
His employer was impressed.
"My coachman is no ordinary fellow," he boasted to his hosts. "He is a philosopher!"
Half an hour later he again poked his head out of the window and shouted!
"What are you doing now?"
"I am wondering who stole the horses," replied the Mulla.
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India to lodge protest with US over NSA snooping on BJP
NEW DELHI: With reports that US national security agency snooped on BJP kicking up a political storm, a seething India looks set to strongly lodge a protest with the top rungs of the US administration.
Highly-placed sources said that with secret documents produced by whistle blower Edward Snowden revealing the alleged snooping, the government is likely to either summon the US envoy here or register a "strong protest" in Washington through ambassador S Jaishankar.
According to a Washington Post report, based on documents leaked by Snowden, BJP figures in the list of non-US political parties along with Lebanon's Amal, which has links with Hezbollah, Egypt's Muslim Brotherhood and the Pakistan Peoples Party which were spied on by the NSA after an official authorization by the US government.
The government was initially guarded in its reaction to the disclosure that NSA had been authorised by the US government to spy on BJP, merely noting that any transgression - if the reports were correct - of individual privacy would be totally unacceptable.
But the government seemed to have realised later in the day - after it was convinced of the authenticity of the report first published in The Washington Post - that the matter couldn't be glossed over given its political ramifications.
While the government had the option of taking up the issue with secretary of state John Kerry, who is expected to visit India soon, sources said the matter demanded urgent action in the form of strong public disapproval.
BJP general secretary Rajiv Rudy said the allegation must be investigated and called on the external affairs ministry to respond appropriately. Information and broadcasting minister Prakash Javadekar said, "... we will take up the issue after we cross check facts."
Prime Minister Narendra Modi has had an uneasy relationship with the US, owing mainly to the decision by Washington to revoke his visa in 2005.
While Modi chose to ignore this after he became PM - even declaring that relations between the two countries couldn't even remotely be influenced by incidents related to individuals - and accepted President Obama's invitation for a bilateral meeting, the Snowden disclosure can put him in an awkward position and pose hurdles to his US outreach.
American lawmakers want Narendra Modi to address US Congress
WASHINGTON: Two American lawmakers have written to US House Speaker John Boehner requesting that Prime Minister Narendra Modi be invited to address a joint meeting of Congress in September when he travels to Washington at President Barack Obama's invitation.
"India is a critical partner of the United States. In every aspect, whether it be in political, economic, or security relationship, the United States has no more important partner in South Asia," Congressmen Ed Royce and George Holding wrote in their June 20 letter to the House Speaker, echoing Obama's oft-cited statement that US-India relationship will be one of the defining partnerships of the 21st century.
Royce and Holding said the US must now work closely with Modi to strengthen the relationship given that he has promised to focus on private enterprise, reduce bureaucracy, and strengthen trade ties with major partners. Since 2001, US-India trade has experienced impressive growth, but our commercial relationship remains far below the scale of our markets, they said.
Royce, a California Republican who is chairman of the House Foreign Relations Committee and former co-chair of the India Caucus, has been a ardent votary of a Washington outreach to Modi even as some of his colleagues worked to keep the former Gujarat chief minister out of the US in view of his alleged inaction during the 2002 Gujarat riots. The State Department complied with the pressure from a few lawmakers and their human rights constituents.
All that is now in the past after the White House, pilloried for allowing the India relationship to drift, initiated a policy turnabout, ostensibly impressed by the mandate the Indian electorate gave the Modi-led BJP. Efforts are now on to reset the relationship amid the discovery in Washington of Modi's many perceived strengths and virtues.
RBI allows foreign investors to access currency futures
Partially reverses restrictions put on banks’ proprietary tradingA foreign portfolio investor cannot take short position beyond $10 million at any time
The Reserve Bank of India (RBI), on Friday, allowed foreign investors to access the currency futures market for hedging their currency risks while also partially reversing the restrictions put last year on banks proprietary trading in the exchange traded currency futures.
The RBI said foreign portfolio investors could participate in the currency futures market by taking long or short position to the extent of $10 million without having to establish any underlying exposure.
"A foreign portfolio investor cannot take a short position beyond $10 million at any time and to take a long position beyond $10 million in any exchange, it will be required to have an underlying exposure,’’ the central bank said in the release.
The central bank said the responsibility of ensuring the existence of the underlying exposure shall rest with the foreign investor.
The RBI also partially reversed the restrictions put on banks’ proprietary trading, allowing them to take long or short position of up to $10 million without establishing any underlying exposure.
In July last, at the peak of the rupee crisis, the central bank had barred all banks from taking any proprietary positions in the currency futures market.
For banks, which want to take positions over $10 million will be required to establish the existence of an underlying, the central bank said in the release.
"In terms of the present regulatory framework, domestic participants in the currency futures and exchange traded options markets are not required to have any underlying exposure, while requirement of underlying is mandatory for taking a position in the over-the-counter derivatives markets," the RBI said.
The Securities and Exchange Board of India has also issued a circular in this regard.
For participants, who are exporters, the eligible limit up to which they can take appropriate hedging positions in exchange-traded currency derivatives will be determined as higher of the average of the last three years’ export turnover, or the previous year’s export turnover and for importers, 50 per cent of the higher of the average of their last three years’ import turnover or the previous year’s turnover.
The participants would furnish to the trading member of the exchange, a certificate from their statutory auditors regarding the limit mentioned above along with an undertaking signed by the CFO.
Modi Reiterates 'Clean India' Goal for 2019; Pledges to Fulfill Promises
New Delhi: "Swachh Bharat" seems to be a key goal of Prime Minister Narendra Modi, who on Wednesday called for a "Clean India" by 2019, which coincides with Mahatma Gandhi's 150th birth anniversary.
Modi reiterated the National Democratic Alliance government's resolve for "swachh Bharat" in the debate on the notion of thanks to the president's address.
"Mahatma Gandhi laid great emphasis on cleanliness. His ashrams too focused on the same. Let us pledge we will give a 'clean India' as a gift to our father of nation on his 150th birth anniversary in 2019," Modi said.
Modi has in the past spoken about the importance of environmental cleanliness and promised to clean up the ghats of Varanasi, the Hindu holy city he represents in parliament. Varanasi is notoriously dirty with its streets and lanes littered with uncleared garbage.
In his maiden speech in the Lok Sabha, Modi said his government would "leave no stone unturned to fulfill" the promises outlined by President Pranab Mukherjee in his address.
Saying he lived up to promises as Gujarat chief minister and delivered on 24-hour electricity across the state, Modi said: "It is understood that people will have doubts... But I assure this house that the path mentioned by the president, we will leave no stone unturned to fulfill them."
"For us, the president's address is part of tradition... The words are like a divine address and to fulfill them it will be our endeavor, and it will also inspire us to work," he added.
Modi asked MPs to excuse him for any lapses he might make due to inexperience. The prime minister also said that during election time they were all candidates, but after being elected, the MPs are now "messengers of the people's hopes" and have to "safeguard the people's hopes."
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1/2 cup raw peanuts
1/2+1/2 teaspoon salt adjust to taste
1/8 teaspoon turmeric (haldi)
3/4 cup tomatoes seeded cut in small cubes
3/4 cup cucumber cut in small cubes
1 tablespoon ginger finally chopped
1 green chili finally chopped adjust to taste
1/2 teaspoon roasted cumin seed powder (bhuna jeera)
1/8 teaspoon red chili powder
1/8 teaspoon black pepper
1/4 teaspoon sugar
1/2 teaspoon mango powder (amchoor)
1 tablespoon lemon juice
1.In a sauce pan add peanuts with 2 cups of water turmeric and 1/2 teaspoon of salt. Cook over medium high heat for about 25 minutes until peanuts are soft.
2.Drain the water and let it cool to room temperature.
3.Mix ginger, chili, 1/2 teaspoon salt, cumin seed powder, red chili powder, black pepper, sugar, mango powder and lemon juice together.
4.Mix the peanuts with tomatoes and cucumbers, add the spice mix and toss.
5.Peanut Chaat is ready to serve
Contributed by Krithi