Tuesday, May 05, 2026

BookMarks #139: Tatalog

Title
: Tatalog
Author: Harish Bhat
Genre: Non-Fiction, Business House, Narrative
Published: 2021

BookMarks
As the title says, Tatalog is a collection of 8 stories from the House of Tatas. Given the storied nature of the business house, the author has picked a few of the more recent examples, hence more relatable.

Most interesting part is the wordplay in the title, with the log meaning a record/journal (in English) or people (in Hindi); with both meanings equally apt.

The stories are from all over the business, building the first car (Indica), CSR initiatives (Tata Chemicals in Okhamandal), issues of integrity (Tata Financials), building a first supercomputer (Eka), major acquisitions (Tetley), big awards (Tata Steel winning the Deming Prize), Second Careers Program, builing a brand (Tanishq). Each story in its own way, deriving different aspects of the Tata Way, which the author has defined as the 4Ps - Pioneering, Purposive, Principled, Perfect.

A few nuggets from the narratives
  • Tata Indica’s design basis - internal volume of an Ambassador, size of a Maruti Zen and pricing close to Maruti 800. To build it Nissan's factory in Australia was transported to Pune
  • Shankar Sharma, the Tata Financials Whistleblower was never identified (at least publicly)
  • “Say TATA not goodbye” – the tagline for the Second Careers Program.
A Key Definition from the book: Risk - an ability to be where no one has been before

One Grouse: The chapter on acquisition of Tetley, refers to all sort of historic events, and yet misses out on Boston Tea Party!

An interesting book but the stories are completely unconnected! Also makes me wonder why there aren’t more such publications about other prominent Indian business houses. Tatas seem to be a clear leader in this genre.

Previously on BookMarks: Ikigai 

Friday, March 27, 2026

BookMarks #138: Ikigai

Title: Ikigai: The Japanese Secret to a Long and Happy Life
Author: Hector Garcia, Fransesc Miralles
Genre: Non-Fiction, Health, Well-being
Published: 2017
Language: English (translated from Spanish)


BookMarks
Ikigai is the Japanese concept of an individual’s meaning and purpose of life.

The book describes the four elements which help an individual determine their Ikigai – what you like, what you are good at, what the world needs and what you can be paid for. The cross-section of these is your Ikigai.

The book focusses on the residents of Okinawa, and how their lifestyle has contributed to them becoming the longest living people in the world.

Key Messages
  • Bring meaning and joy to every day
  • Only staying active will make you want to live a hundred years.
  • Take things slow and leave urgency behind
  • Eat to 80% of your stomach’s capacity
  • Surround yourself with good friends
  • Keep moving
  • Smile
  • Reconnect with nature
  • Show gratitude
  • Live in the moment
Overall, a simple and excellent read – is brief, sharp, doesn’t wander around, has small and practical steps on improving well-being and also not too preachy.

Previously on BookMarks: A Brief History of Time 

Monday, March 16, 2026

BookMarks #137: A Brief History of Time

Title: A Brief History of Time
Author: Stephen Hawking
Genre: Non-Fiction, Science, Physics, Universe
Published: 1988

BookMarks
"We see the universe the way it is because we exist" : Anthropic principle

“A Brief History of Time” by Stephen Hawking, tries to answer the fundamental questions regarding the universe, like, how vast is it? what is it made of? Did it have a beginning? What was there at beginning? Can time move backwards? And will a single unified theory be able to describe everything about the universe?

Two questions, lying on the opposite sides of the spectrum, that have always intrigued humans – from earth to sun to galaxy to the universe - how vast is it and what lies beyond the limits? And what is the basic building block of all matter – from grains to molecules to atoms to electros/protons/neutrons to quarks, how much smaller does it get? 

Now this is one subject, where science needs imagination to formulate theories which have to match up to the observations. It has been almost four decades since the publication of the book, but some of the theories are still at conjecture stage.

Some of the interesting takes from the book.

On Earth - Earth is a medium-sized planet orbiting around an average star in the outer suburbs of an ordinary spiral galaxy which is itself only one of a million million galaxies in the observable universe.

On the Model of the Universe - Since the beginning of civilization, the model of the universe has constantly evolved from Ptolemy & Aristotle to Copernicus, Galileo, Kepler and Newton and Edwin Hubble. In this evolution of the understanding of universe, critical roles have been played by eclipse on moon, the North Star, the moons of Jupiter and as the story goes "an apple".

On the Beginning
  • Need of a "First Cause" - Within the universe every event can be explained as being caused by previous events. This the existence of universe itself could only be explained if it had a beginning.
  • Another theory states - Time is a property of the universe and did not exist before the beginning of universe.  General theory of relativity breaks down at the point of big bang. Also, events before the big bang have no consequences to the scientific model of the universe. Hence time had a beginning at the big bang.
  • Many people do not like the idea of time having a beginning as it implies divine intervention. Meanwhile the Catholic Church accepted the Big Bang model and has officially pronounced it to be in accordance with the Bible.
  • "What did God do before he created the universe? He was preparing hell for people who asked such questions" - St. Augustine
On Theory
  • A theory has to satisfy two requirements - describe a large class of observations on the basis of a model and must make definite predictions about results of future observations
  • Eventual goal of science is to provide a single theory that describes the whole universe. At present there are two partial theories - general Theory of relativity (for large objects) and quantum mechanics (for the nano ones). And these two are inconsistent with each other.
On Space and Time
  • Fundamental postulate of the theory of relativity - the laws of science should be the same for all freely moving observers no matter what their speed.
  • Speed of light was calculated by observing the Eclipses of Jupiter's moons
  • Theory of relativity ended the concept of absolute time
  • A metre defined as distance travelled by light in 0.0000000003335640952 second as measured by a caesium clock - also corresponding to the distance between two marks on a platinum bar in Paris.
  • An event is something which happens at a particular point in space and at a particular time.
  • In general relativity, bodies always follow straight lines in four dimensions but appear to move along curved paths in three dimensions. Objects move along geodesics (the shortest distance between two points on any surface)
  • Space and time are dynamic quantities. When a body moves out a force acts, it affects the curvature of space and time and in turn the structure of space-time affects the way in which bodies move and forces act. Space and time affect and are affected by everything that happens.
On the Expanding Universe
  • The farther a galaxy is, the faster it is moving away
  • The boundary condition of the universe is that it has no boundary.

On The Uncertainty Principle - Particles have a quantum state - a combination of position and velocity

As per Aristotle, Gravity - brings things down and Levity - lifts things up

On Black Holes - Black holes are one of the few cases where a theory was developed in great detail as a mathematical model before there was any evidence from observations that it was correct.

Overall, an interesting book which tries to summarize some of the toughest concepts for the ordinary reader. Also, one of those books which definitely need multiple re-reads for better understanding.

And the funniest take personally – We often hear, mathematics is the language of science, and here is a book in English on the universe with only a single equation, “E=mc2” mentioned in the introduction. Hawking says as per the publishers, every equation reduces the potential readers by half!

Previously on BookMarks: So You Want to Know About Economics 

Friday, March 13, 2026

BookMarks #136: So You Want To Know About Economics


Title: So You Want to Know About Economics
Author: Roopa Pai
Genre: Non-Fiction, Economics
Published: 2017

BookMarks
“So You Want to Know About Economics” is a good primer for anyone wanting to learn about the subject of economics. The author answers quite a few questions on economics, markets, and its impact on the world and its people.

What is Economics? - The answer maybe varied or as the author imagines an economist would say ‘It’s about, you know, markets and things. Supply, demand, price elasticity, externalities, cost-benefit, scarcity, resources, exchange rates, maximising utility, protectionism, globalisation, and all of them, of course, ceteris paribus…’

Why is Economics important?Economics is important because it is really the study of how the world thinks and works!

What do Economists do? Economists are really superheroes fighting for a fairer world! Just like environmentalists, they are constantly trying to understand how we, the 7 billion people that inhabit this planet, can get the most out of what the universe gives us for free. Economists are wizards who make magical things happen with numbers.

What is the root of economy? “Trade”. And the root of trade? “Money”. And the role of money – “Money’s a matter of functions four, A Medium, a Measure, a Standard, a Store

And thus it goes on about the concepts of macro and micro economics, banking, government interventions, markets etc.

Overall, an interesting primer for anyone who wants to learn a little bit more about economics before delving into the likes of Adam Smith and John Maynard Keynes. 

Previously on BookMarks: Mad Money Journey 

Wednesday, March 04, 2026

BookMarks #135: Mad Money Journey


Title: Mad Money Journey: A Financial Adventure
Author: Mehrab Irani
Genre: Fiction, Finance, Self-help
Published: 2014

BookMarks
Mad Money Journey can be described as a 3-in-1 kind of book, primarily a lesson in personal financial management alongwith with being a travelogue and food guide as well. The book narrates the story of John Pinto, a successful but bankrupt doctor, who receives advice on financial matters from a childhood friend. The book is a narration of his travels as he gathers financial wisdom.

Lines which stood out
“I was once a slave to my orthodox way of life and money-wage slave of the employer, tax slave of the government and loan slave of the bank. I was a prisoner of money.”

On financial mistakes - “I was guilty of innumerable common financial mistakes, such as mental accounting, loss avoidance, decision paralysis and selective thinking among others

On education - “something that would expand one’s knowledge and understanding, not just something that would help one score well in exams… education was making mistakes and learning from them, not avoiding failure for fear of being called stupid by teachers, parents or other students…education was a journey beginning from the cradle and ending with the grave, not with the earning of a degree… education was the freedom to do whatever you wanted in life, rather than becoming a slave to your profession. It was financial independence, where your money works for you, instead of you working for money.

“Your problem is not having less money, but the belief that you have less money and that it will never be enough.”

there are two kinds of investors, be they large or small – those who don’t know where the market is headed, and those who don’t know that they don’t know where the market is headed. Then again, there is a third type of investor – the investment professional, who indeed knows that he or she doesn’t know, but whose livelihood depends upon appearing to know where the market is headed.”

“The most precious resource of people isn’t their time, it’s their energy. Manage it well.”

“In the stock market, analysis does not work, but the jobs of the analyst is always secure.”

Overall, a different attempt on a self-help book. Merging financial lessons into a story. Although the dialogues and narration seem forced most of the times. But an interesting try nevertheless.

Previously on BookMarks: O Jerusalem! 

On similar lines: Rich Dad Poor Dad by Robert Kiyosaki

Wednesday, February 11, 2026

BookMarks #134: O Jerusalem!

Title: O Jerusalem!
Genre: Non-fiction, History
Published: 1971

BookMarks
O Jerusalem! Narrates the events of 1947-1948 covering the creation of a separate Jewish state in Palestine. How the voting for the partition happened at the UN, and the intense violent aftermath of the Arab-Jewish conflict. The events which are yet to be fully resolved and repercussions are still going on. The book provides a good context for understanding the current issues as well.

Overall, quite an informative read about the events. At times, feels a bit overdetailed at times, especially if your are unfamiliar with the protagonists & the geography, but is necessary to get a clearer picture. Creation of a new state is not an easy task and takes super-human efforts from the leadership to the ordinary citizens to build and sustain it. Little decisions at seemingly insignificant junctures have played a critical role is shaping the present – an overheard conversation, supplies landing in the wrong hands, over-estimating the others power, some delays, some hurried decisions (like the ceasefire) all played a crucial role in shaping the Middle East of today. And most of all it is a human tragedy - a tale of the struggle to survive from starvation and war, as lines drawn on maps become borders on the ground.

A few notes from the book
On the Jewish State
  • Theodor Herzl developed a one-hundred-page pamphlet titled Der Judenstaat "The Jewish State." It stated that “The Jews who will it, shall have a state of their own."
  • David Ben-Gurion: ”in the city of Tel Aviv on the fifth day of Iyar, 5708, the fourteenth day of May, 1948Let us all stand to adopt the Scroll of the Establishment of the Jewish State."
  • Israel did not initially have a name. "Elath thought as he started to draft his request. It presented only one problem: Elath did not know the name of the state for which he was requesting recognition. Solving the problem by calling it simply "the Jewish state," he had dispatched his letter to the White House."
On Jerusalem
  • "Jerusalem a city where men came to die as well as to live, and generations of Christians, Jews and Moslems slept scattered under a sea of whitened stone around the valley, achieving in death in Jerusalem what they had so often failed to achieve in life: a peaceful reconciliation of their claims to its ramparts."
  • "One place in the city stood apart from the rancor and chaos of Jerusalem, however—a little island all its own in which a handful of Jews and Arabs lived together in peace and harmony. It was the government insane asylum."
The Arab view 
  • For the Arabs, and above all for the 1.2 million Arabs of Palestine, the partitioning of the land in which they had been a majority for seven centuries seemed a monstrous injustice thrust upon them by white Western imperialism in expiation of a crime they had not committed.
  • "The problem is Palestine, not petroleum."
  • Transjordan’s King Abdullah to Jewish Agency - "you must convince the Americans to force us to make peace with you. We want to do it. But it's only possible for us politically if we are forced to do it."
  • The armies of the 5 nations fought the same war separately!
A Few lines which stood out
  • subtlety, indirection and surprise. - life's tactics
  • a mania for secrecy so deeply rooted that before opening his safe he looked in the mirror to make sure who he was.
Some Trivia from the book
  • Assiya Halaby was the first Arab woman in Palestine to own and operate her own car.
  • The republic of Venice enriched the vocabulary of the world with the word ghetto from the quarter, Ghetto Nuovo -New Foundry - to which the republic restricted its Jews.
  • oldest continually observed religious ceremony, the Jewish Passover.
Previously on BookMarks: The Answer Is No 
Also by the same authors: Freedom at Midnight 

Monday, January 12, 2026

2025: The Year Gone By


As the Year 2025 moves into history, time to take a look back at some events to remember (or maybe not) the year by

1. Word of the Year
Six-Seven, as chosen by dictionary.com. What does it even mean? No one is quite sure, but kids everywhere seem to be latching on to it with the accompanying moving arms action!

2. The Year of Wars and Skirmishes threatening to break out into wars. 
It almost seemed as if the world was hell-bent on proving Thomas Friedman wrong, with missiles/drones flying all over – Russia-Ukraine, the Middle East, India-Pakistan, Thailand-Cambodia, with the neutral Qatar taking hits from both sides. News channels were busy recycling pictures/videos more reminiscent of mythological series & video games than theatres of war. And somehow gave a feeling that all these were just the beginning of something bigger. The geopolitical chessboard seems to be on the cusp of something violent

3. Economic Term of the Year: Tariffs. 
All market theories went for a toss, Research reports needed constant updation, Markets fluctuated, Numbers kept changing, Policy uncertainty prevailed and the global economy gave the impression of a cat sitting on hot tin roof.

4. The Louvre Heist
Has there been a real-life event somehow more outrageous than most satirical spoof that the movie industry could serve up. Artworks stolen in broad daylight, password, security systems, with the password “LOUVRE”, the forklift company getting free advertisement, a nattily dressed gentleman on the crime scene initially thought to be a police detective but wasn’t, comments on the French working hours. If not for the fact that actual artwork went missing, this was a pretty good plot for an Austin Powers/Pink Panther movie.

5. The AI era
AI usage expanded rapidly blurring the boundaries of real and artificial. From texts to pictures to videos to TV series, there is AI content everywhere. And it is becoming more and more indistinguishable from real. Wonder how much damage an increased reliance on AI without human judgement will cause?

6. What does that company really do? 
The world learnt about Astronomer after its CXOs were caught behaving awkwardly on being seen on the concert camera at a Coldplay concert

7. The meme generator
The Indonesian boat race kid who danced at the head of the boat seemingly contributing to the team through his hand gestures (dubbed aura farming by the internet)

8. The biggest gathering: Mahakumbh. 
If the numbers thrown by travel agencies & administrators are to be believed, nearly a third of India was there at some point or the other. Even otherwise, it was the largest ever gathering of humankind.

Overall, 2025 was a year dominated by geopolitical uncertainty and AI. Lets see what 2026 throws at us (it has begun even more crazily).

To all readers a Belated Happy New Year. 

P.S. This entire post was typed out and not AI generated or modified.

Tuesday, December 30, 2025

2025: In Reads

Presenting the reading list from 2025. It’s a round dozen from the BookMarks listed in chronological order of reading.

1. The Fine Art of Small Talk - Debra Fine (1997): A book targeting the introverts to help them make conversation! Basically an extended book version of a Ted Talk content!

2. Robinson Crusoe - Daniel Defoe (1719): An old classic revisited but in it original form. The story of a man who gets shipwrecked and stranded alone on a remote island and then begins to build his own little world there till his return home after a two decade incarceration and then subsequent adventures.
A heavy duty read in its original 18th century language form. Also, many of the beliefs will not stand the test of modern times.

3. The Beekeeper of Aleppo - Christy Lefteri (2019): A Syrian family’s harrowing journey of escape from the war and reaching asylum in the UK. And it is not just the physical struggles but also the mental battles being fought by the protagonists as they build their own illusions to escape the harsh reality around themselves.
A sad but engaging tale!

4. Corporate Chanakya on Leadership - Radhakrishna Pillai (2012): An attempt to incorporate the learnings from Chanakya’s Arthshashtra into contemporary corporate leadership.

5. Bhagavad Gita for Millennials - Bibek Debroy (2020): An introduction to the Bhagavad Gita. It is is not a direct interpretation but more of a commentary conveying its key messages.
The messaging at times goes all over the place but more of how to read the Bhagavad Gita.

6. 1962 - The War That Wasn't - Shiv Kunal Verma (2020): The story of how the India-China war/conflict of 1962 was lost, not on the battlefield itself, but much before through a combination of blind belief, lack of planning, poor co-ordination, and sheer incompetence of some of those in the command.

7. How the World Really Works - Vaclav Smil (2022): “We have never had so much information at our fingertips and yet most of us don't know how the world really works.” This is the premise with which the book the fundamentals of how our world really works and offers a glimpse of what the future holds.

8. The Indian Spy - Mihir Bose (2017): The story of a man called Silver, who managed to spy for multiple countries while operating out of Kabul during the 2nd World War and also aided in Netaji’s escape from India.
Quite a fascinating story but is mostly based on a book by Ram Talwar a.k.a Silver himself. A line which stood out - ‘It is impossible, or at any rate, highly dangerous, to tell a lie until you know what the truth is going to be.’

9. Predictably Irrational - Dan Ariely (2008): A book on the study of human decision making. How most of our decision-making is predictable and can be influenced. And even decisions which may seem irrational and random have common guiding forces.
Quite an engaging read into Human behaviour

10. Liar's Poker - Michael Lewis (1989): The story of Michael Lewis and his employer the Wall Street Firm, Salomon Brothers. Set in the 1980s, the book presents an insider account of some of the most turbulent and storied times in the financial markets.
The story also sets the foundations for the Global Financial Crisis of 2008. No wonder it is a recommended B-School read.

11. The Past As Present - Romila Thapar (2014): A collection of essays on the study of history, how it has evolved, and how it is being interpreted in present times and by different groups. The key message – History is a dialogue between the past and the present.

12. The Answer Is No - Fredrick Backman (2024): A short funny tale, originally published in Swedish, about a man whose quiet and happy life is suddenly disrupted by seemingly innocuous events nearby. Fun to read, yet provides a lot of insights into that basic human quest – the pursuit of happiness.

In addition, I read my first ever Tintin comic books (3 of them). However, the very first one was “Tintin in the Congo”, in which personally found the depiction of the African natives to be heavily racist! Also learnt that this particular comic has been moved from the Children’s section to the Graphic novels section in bookstores due to this very reason. There was the first Roald Dahl as well.

And an audiobook as well, but won't call it reading.

In summary, books across genres – self-help, classics, fiction, management, history, science, behavioral economics, financial markets, humor, children books, comics.

Overall, could have and should have read more, but not a complete dearth! The reading pace wasn't a gallop but more of a canter.

Wishing a Happy New Year 2026 to all fellow Readers!

Monday, December 22, 2025

2025 - TYIL

The more I learn, the more I realise that I know nothing

As the year 2025 AD winds down its time to draw up a list of some totally irrelevant things which I learnt during its course (or rather remembered to list).
  1. 1st January 2025 – marks the arrival of Gen Beta [Wikipedia]
  2. Haj Notes: Special notes issued by RBI but valid as legal tender only in the Gulf Nations of UAE, Qatar, Bahrain, Kuwait, and Oman [DNA
  3. Jolly Grant Airport (Dehradun) gets it name from the “Grant” of the village Jauli (anglicized to Jolly) to the British by Nepal.
  4. Sygyzy: Literally a case of heavenly bodies aligning [Wikipedia
  5. Octothorpe the official name for the hashtag symbol (#) [Merriam-Webster
  6. Ramanujam Summation: The sum of natural numbers – 1+2+3+4….+ till infinity is -1/12. Unbelievable as it may sound, it is derivable! [Link
  7. Jevons Paradox: when technological advancements make a resource more efficient to use (thereby reducing the amount needed for a single application); the cost of using the resource drops, and hence the overall demand increases causing total resource consumption to rise. [Wikipedia
  8. Faulty (English) & Faltu (Hindi) have the same etymological root – Falto (Portuguese) [Wiktionary
  9. Ulaanbaatar (capital of Mongolia) means “Red Hero”, in honour of the Russian help in getting Mongolia’s independence. [Britannica
  10. Belphegor’s Prime Number: a palindromic prime number 1000000000000066600000000000001, named after Belphegor, one of the seven princes of Hell, due to the superstitious significance of the number 666 and the surrounding 13 zeros [Wikipedia
  11. Caissan Constant: the number of legal chess positions. And Caissan is the Goddess of Chess [Link
  12. The province of Luxembourg in Belgium is larger in area than the neighboring country of Luxembourg with which it shares its name! [Wikipedia
  13. Pentagon Pizza Index: A surge in pizza orders near Pentagon signals that an attack is imminent in some part of the world [Economic Times] and there is a dedicated Twitter account for tracking the pizza orders [Twitter
  14. Alan Smithee: the pseudonym adopted for director’s credit in a movie whose actual director does not want their name associated with it. Turns out Alan Smithee is the most prolific director in movie history! [IMDB
  15. Sneakers are named so because they can quietly move around unlike the leather shoes of those times
  16. Philip Noel-Baker: only person till date to win the Nobel Prize (Peace, 1959) and an Olympics medal (1,500 m Silver in 1920) [Wikipedia]
  17. The ubiquitous CAPTCHA is an acronym for Completely Automated Public Turing test to tell Computers and Humans Apart [Link]
  18. Euler’s Identity – also referred to as the most beautiful mathematics equation [YouTube]
Another short list this year, but it is 1 Trivia longer than last year's [so definitely an improvement.#LittleWins]

P.S. Lists from 2019, 2020, 2021, 2022, 2023 & 2024

Wednesday, November 12, 2025

BookMarks #133: The Answer Is No

Genre: Fiction, Short
Published: 2024

BookMarks
"The Answer Is No", is a short book, originally published in Swedish. It is the story of Lucas, a loner living in an apartment, whose quiet and happy life is suddenly disrupted by seemingly innocuous events nearby.

The entire first chapter comprises of “It’s a frying pan that ruins Lucas’s life. We’ll get to that.” And this is when you realize what a hilarious roller-coaster ride this story is going to be. And yet it provides some great gems with quite deep meaning as we go along. Such as
  • People aren’t supposed to be happy, they’re only supposed to want to be happy.
  • All he did was to remove the one thing that makes almost all people unhappy: other people.
  • Being smart is the worst thing one can be in modern society. All it ever means is more work.
  • A funny thing about rule-loving people is that to them it seems more important to impose punishment than it is to actually solve problems, and a funny thing about rule-breaking people is that they seem to find breaking rules a lot easier to do if someone else has broken them first.
  • “Responsibility” and “Commitment” are actually two of the easiest ways of ruining any perfectly good day.
  • With the defeated manner of a sausage that dressed itself up as a carrot to avoid being eaten by a bear, only to be found by a rabbit.
  • The truth about problems is that the problem itself is never actually the problem. It’s always the people involved who are the problem.
  • Most people who want to be happy try to add things to their lives. But really what maybe they should be doing is taking something away.
  • The easiest way to be happy is to think about time in about eight-hour increments, and to always have something to look forward to at the end of those hours
  • Don’t look on the internet for someone who is exactly like you. Look for someone who isn’t.
  • If you ask people what they think, they start thinking, and that’s how wars start.
  • One day you’re a happy, whole person, and the next day you’re forced into the most horrible thing on earth: making decisions.
That’s quite a lot of deep insights into that basic human quest – the pursuit of happiness.

Previously on BookMarks: The Past As Present 

Tuesday, November 11, 2025

BookMarks #132: The Past As Present

Title: The Past As Present: Forging Contemporary Identities Through History
Genre: Non-Fiction, History, Anthology
Published: 2014

BookMarks
History is a dialogue between the past and the present.

“The Past As Present” is a collection of essays by Romila Thapar on the study of history, how it has evolved, and how it is being interpreted in the present times and by different groups of people. The essays also cover the interpretation of history in creating a national identity and how that it has evolved from kings and dates to the study of wider society at different points in time. From purely political, history has also become

Some of the key takes/notes from the book:

On the subject of history
  • The past is constructed by putting together a variety of evidence. All societies over the centuries have constructed their past, often in accordance with contemporary theories about the meaning of the past.
  • The past does not remain static. The facts may not change, although sometimes they do as a result of fresh information or new ways of analyzing old information, but the interpretation of these facts can change. History is not just a directory of information; it also involves analyzing and interpreting this information.
  • Knowledge does not consist of a body of information to be memorized and passed on. A modern education demands questioning, skepticism and an ability to think independently and to link information.
  • Tribe refers to a community of people claiming descent from a common ancestor.
On History of India
  • James Mill divided Indian history into the Hindu, Muslim and British periods, a periodization which is still the basis of Indian studies. Mill’s argument and that of many other colonial historians was that the Hindus and Muslims formed two distinct communities and that they were perpetually in conflict.
  • Nations need identities. These are created from perceptions of how societies have evolved. In this, history plays a central role.
  • Key function of nationalist history was to establish an Indian identity. This had to draw on the unity and uniformity of India throughout history.
On Civilization & Religion
  • The hallmark of a civilization is not its rigid boundaries but its porosity, and that civilizations can only thrive when there is an inter-connectedness between them that enhances the communication of ideas and practices.
  • Dharma became central to an understanding of the religion. It referred to the duties regarded as sacred which had to be performed in accordance with one’s varna/jati and sect and which were not identical for all. The constituents of dharma were conformity to ritual duties, to social obligations and to the social norms of family and caste as stipulated in the Dharmashastras.
On Interpretation of history
  • Life is not governed by an either/or choice in everything. There is always something else - the variant.
  • Collective memories have to be deliberately constructed by a group of people consciously referring back to a particular event and remembering it in a particular way.
  • Context is of central importance: who is narrating the story of the event and why; who constitutes the audience or the readership that the narrative is addressed to, and what is the purpose and meaning of the narrative.
  • What leads to problems is when the mythology associated with the history is claimed as history.
  • Epic literature cannot be precisely dated for events merge into events and narrative slowly gets welded with commentary.
  • In classical Sanskrit dramas, the women characters irrespective of whether their status was high or low, uniformly spoke the commonly used Prakrit, whilst the men spoke Sanskrit—the language of the educated.
Interestingly, the book was published in 2014. A decade down the line, the book’s interpretations seem more prescient. 

Previously on BookMarks: Liar’s Poker 

Monday, October 27, 2025

BookMarks #131: Liar’s Poker

Genre: Non-fiction, Autobiography, Economics, Financial Markets
Published: 1989

BookMarks
Liar’s Poker is the story of Michael Lewis and his employer, the Wall Street firm Salomon Brothers. The story switches from how Lewis joins the firm, followed by a history of the firm and finally Lewis’s own work till he quits. The book is set in the 1980’s which are some of the most turbulent times in the financial markets.

The book is one of the more recommended reads in management colleges mostly for its insider account of the goings on at investment banks. The title itself refers to a game played by the traders at the firms. (Investopedia

Overall, quite an interesting and fun read with its insider account of the goings on in the global big money market and investment banks. The picture it presents isn't the rosiest and it also foreshadows the Global Financial Crisis.

Some lines and messages which stood out from the book
  • Wall Street is a street with a river at one end and a graveyard at the other.
  • In every market there is a fool. And any player unaware of the fool in the market is probably the fool.
  • Good traders tend to do the unexpected. Their best work tends to go against conventional wisdom.
  • Market rule of thumb - Those who say, don't know and those who know, don't say. [Or as the saying goes – empty vessels make most noise].
  • Communications system sufficiently advanced and human relations sufficiently primitive. [This book was set in the 1980s, we have moved much further ahead/behind in the two in the past four decades].
  • In the stock market, the higher the math, take it as warning signal that the operator was trying to substitute theory for experience.
  • The 3-6-3 club - borrow at 3% lend at 6% and be at the golf course by 3 PM [for people who want to keep life simple]
  • I'm now convinced that the worst thing a man can do with a telephone, without breaking the law, is to call someone he doesn't know and try to sell that person something he doesn't want. [How precisely the author has predicted the spammers of today – who are mostly trying to sell financial products]
  • The reason why people believe in Charts - because everyone else does
  • God gave you eyes…Plagiarise.
  • On bonuses/raises - people react with relief, joy, anger or a mixture of three.
  • You don't get rich. You attain new levels of relative poverty.
  • Two ways of running a firm - as a business or as an empire?
  • The money game rewards disloyalty. People who hopped from firm to firm secured large pays and performed better financially than the people who stayed on one place.
Previously on BookMarks: Predictably Irrational 

Thursday, October 16, 2025

Road To Los Angeles: Episode 6

Back with the Episode 6 on the Road To Los Angeles 2028. The past few weeks have been quite happening on the sporting front with multiple World and Continental Championships going on across sports. Here is quick look at some of the goings on from an Indian perspective.

Badminton: The Men’s doubles duo of Satwik-Chirag won a Bronze medal, thus continuing India’s streak of one medal at the World Championships since 2011. A slight uptick from the Paris Olympics.

Hockey
Archery World Cup: The Compound Mixed Team won the Silver medal

Boxing World Championships: Jasmine Lamboria & Meenakshi Hooda are now World Champions while Nupur Sheoran won Silver and Pooja Rani got Bronze medal. However, there were no medals for the men’s contingent.

Wrestling World Championships: Antim Panghal won her second World Championships medal. However the rest of the contingent disappointed with Olympics medalist Aman Sehrawat failing to meet the weight which resulted in a one year suspension by the Wrestling Federation

Athletics World Championships: Sachin Yadav finished 4th in Javelin Throw and Sarvesh Kushare 6th in High Jump. However, the bigger story was Neeraj Chopra finishing 8th – thus missing a podium for the first time since 2018 and first time outperformed by an Indian thrower since 2016. What a phenomenal run this had been!

Cricket: An unbeaten run by Men’s Team to win the T20 Asia Cup.

Weightlifting World Championships: Mirabai Chanu wins Silver in 48 KG category, proving she is still very much the best lifter in the country.

Judo: Himanshi Tokas is now World Junior No. 1, the first Indian to achieve this ranking

At the Para-athletics World Championships hosted in Delhi, India recorded their best ever medal haul. But the event was also marred a little by stray dogs biting coaches!

Meanwhile India has successfully bid for the 2030 Commonwealth Games to be held in Ahmedabad.

That certainly has been quite a happening period for Indian Olympics sports Till next time!

Links
  • Episode 5 
  • Himashi Tokas: ESPN 
  • Paralympics Report: ESPN 

Wednesday, September 24, 2025

BookMarks #130: Predictably Irrational


Title
: Predictably Irrational: The hidden forces that shape our decisions
Author: Dan Ariely
Genre: Non-fiction, Behavioural Economics
Published: 2008

BookMarks
Predictably Irrational is a book on a study of human decision making. How most of our decision-making is predictable and can be influenced. And even decisions which may seem irrational and random have common guiding forces.

Following are a few takeaways from the book
  • Relativity: Everything is relative, all the choices we make are in comparison with something not chosen. Most people do not know what they want unless they see it in context. Marketing companies use a decoy, similar but obviously inferior, for selling the products they want to sell. We look at our decisions in a relative way and compare them to the available alternative. The more we have the more we want. And the only cure is to break the cycle of relativity.
  • Law of Human Action: to make a man covet something more, make it more inaccessible for him (Mark Twain in Tom Sawyer)
  • Anchor price decides what price we are willing to pay for any product
  • Free has a cost. Anything offered for FREE leads to heavily irrational decisions by the purchasers.
  • Social Norms vs Money Norms: People are at times more willing to do something for free or a gift than if they were to be offered money for it
  • We procrastinate, delay doing things we know we have to do. Choosing instant gratification over accomplishing something.
  • Ownership has a higher price - we overvalue what we have.
  • Options are a distraction
  • Expectations decide the actual realization
  • The pricier something is, more we believe in its efficacy
  • More close to actual cash, more honest humans become.
Overall, quite an interesting read. I liked the way the outcomes of the behavioural research have been presented. Probably, the entire book was an experiment in nudging towards enjoying it! After all, as the author says, we humans are predictably irrational. 

Previously on BookMarks: The Indian Spy 

Monday, September 22, 2025

BookMarks #129: The Indian Spy

Title: The Indian Spy: The true story of the most remarkable secret agent of World War II
Author: Mihir Bose
Genre: Non-Fiction, History, Biography
Published: 2017

BookMarks
‘The Man called Silver’
Hats off to a man who deceived everybody and survived the War without being hanged

This is the story of Bhagat Ram Talwar a.k.a. Silver, a Hindu Pathan, who managed to spy for multiple countries during the Second World War with his primary operations center being Kabul.

Bhagat Ram Talwar, helped Netaji Subhash Chandra Bose in escaping from India to Germany, with the help of the Italian & German embassies in Kabul. However, a communist, once Germany attacked Soviet Union, he switched over to the Russians and later on to Russia's allies, the British. Somewhere down the line he was also working with the Japanese – thus becoming a quintuple agent.

This work is primarily based on Mr. Talwar’s autobiography, with additional information from the declassified archives of the period. The book narrates quite an interesting picture of Silver and his associates, and how they went about their business of spying & double-crossing, forging new connections and switching allegiances.

Overall, quite an interesting read. Although the tale does meander around a bit and the reader may get confused in some of the characters and the multiple visits to Kabul. Given that the book’s primary source is Mr. Talwar’s autobiography, this is the picture he wanted to be presented to the world.

The book also provides an interesting perspective on Netaji and his actions during the World War II. The lens with which one judges who can be a potential ally is quite varied. And most importantly perspective changes with time and new re-alignments. Its not always a case of black and white. Instead there are many shades of grey here.

A line which stood out - ‘It is impossible, or at any rate, highly dangerous, to tell a lie until you know what the truth is going to be.’ 

Previously on BookMarks: How the World Really Works

Wednesday, September 03, 2025

BookMarks #128: How the World Really Works


Title
: How the World really Works: A Scientist’s Guide to Our Past, present and Future
Author: Vaclav Smil
Genre: Non-fiction, Science, Society, Future
Published: 2022

BookMarks
“We have never had so much information at our fingertips and yet most of us don't know how the world really works.” This is the premise of the book as it explains the seven fundamentals of how our world really works and offers a glimpse of what the future holds. Following are a few key messages from the book

The Four pillars of modern civilization - Ammonia, Steel, Concrete & Plastic

On progress - In two centuries, the human labor to produce a kilogram of American wheat was reduced from 10 minutes to less than two seconds. An average inhabitant of the Earth nowadays has at their disposal nearly 700 times more useful energy than their ancestors had at the beginning of the 19th century.

Energy conversions are the very basis of life and evolution. However, to quote Richard Feynman – “In physics today we have no knowledge of what energy is”. Energy Studies need understanding of physics, chemistry, biology, geology with history, social, economic and political factors.

Despite all the talk of decarbonization, the high relative share and the scale of our dependence on fossil carbon make any rapid substitutions impossible.

Haber-Bosch synthesis of Ammonia can be considered the most momentous technical advancement in the world. Fifty percent of humanity is dependent on ammonia as a fertilizer for food production.

Human activity with the largest impact on the Earth's ecosystem - food production. Overall, the world loses one third of the food supply. This is a significant area to manage.

Some Interesting Facts
  • A gear lever knob in the 1916 Rolls Royce was the first industrial application of plastics.
  • Portland cement is thus called because it resembles the limestone found in the Isle of Portland in the English Channel in colour.
  • KLM was the first airline company set up in 1921
Water is the most universally mismanaged resource

On models & extrapolations
When constructing long range scenarios, we can plug in any arbitrary assumptions in order to meet preconceived outcomes. History does not unfold as a computerized academic exercise with major achievements falling on years ending with zero or five. It is full of discontinuities and unpredictable departures.

Projections involving complex systems that reflect interplays of many technical, economic and environmental factors and which can be strongly affected by a number of arbitrary decisions such as unexpectedly generous government subsidies or new laws or policy referrals remain highly uncertain. Even near-term Outlook results in a broad range of possible outcomes.

More complex models combining the interactions of economic, social, technical and environmental factors require more assumptions and open the way for greater errors.

On scientific temper
De omnibus dubitandum (doubt everything) must remain the foundation of scientific method. Unlike what the average internet user who likes to believe in everything they see on social media.

On Future
Asking for a risk-free existence is to ask for something impossible. While the quest for minimizing risks remains the leading motivation of human progress. Crises expose realities and strip away obfuscation and misdirection.

The future, as ever, is not pre-determined. Its outcome depends on our actions. The most likely prospect is a mixture of progress and setbacks.

Overall, quite an interesting read. Also, it helps that the book is written in a post-Covid world. I especially liked the fact that the author has directly named and countered the utopian future ideas (Human 2.0 and colonizing Mars etc.) 

Previously on BookMarks: 1962 The War the Wasn’t

Friday, August 29, 2025

Road To LA: Episode 5

Today, August 29th, marks National Sports Day—and there's no better way to commemorate it than by examining India's ongoing journey toward the LA Olympics. While fans experience a rollercoaster of emotions watching the performances, imagine the journey for the sportspersons who persist despite administrative lapses and official apathy.

We are re in that familiar phase of the Olympic cycle: the surge from Paris 2024 has settled, while momentum for LA 2028 has yet to build. Meanwhile, competitions continue in relative quiet, away from the spotlight.

Here is a rundown of Indian sports in the last few months - the highs, the lows, and everything in between.

The Neeraj Chopra Phenomenon
When a second-place finish at the Diamond League finale barely registers as news, you know an athlete has truly transcended expectations. He has breached the 90m mark and maintained a remarkable four-year streak of top-two finishes globally. But perhaps his greatest achievement this year was launching the Neeraj Chopra Classic - tournament that could reshape India's athletics landscape.  Now comes the real test: can our sporting administration build on his foundation?

Athletics
Indian athletics is showing visible progress with National records tumbling frequently. Yet we remain decades behind in most events. The gap is closing, but slowly - progress that demands patience.

Football
Indian football presents a study in contrasts. The women's team has qualified for the next Asian Cup despite all the off-field challenges. Meanwhile, the men's team appears to be in free fall, compounded by uncertainty around the Indian Super League's future. With no clear path forward, the free fall looks set to continue.

Our Shooters and Archers continue their stellar run at World Cups, consistently bringing home medals and breaking records. Yet these performances need to translate into Olympic success. 

The inaugural Rugby Premier League marked an important milestone for a relatively nascent sport. While rugby's Olympic prospects remain distant, any step toward professionalization needs to be applauded.

Looking Ahead
Away from the cameras and commentary, Indian sports continues its relentless march forward. The LA 2028 event lineup is set, but qualification pathways are yet to announced. But the sporting journey continues.

Until next time.

Links:
  • Episode 4 
  • Rating India’s sporting Federations performance: ESPN

Thursday, August 14, 2025

India @ 78

Image generated via AI

Happy Birthday India!

Continuing the personal tradition of a small blog post on the occasion of Independence Day, now in its 18th edition. (2024 edition Link)

What a crazy journey it has been since the last edition. The past year has seen India living through the very definition of a VUCA world.

We witnessed a major terror attack, were briefly at war, a deadly plane crash with a single miraculous survivor, are currently subject to Tariffs with ever-changing rates, are seeing renewed calls for Swadeshi, have been caught in a geopolitical cross-fire with friends/foes alike in a state of flux, have overtaken Japan to become the 4th largest economy (by GDP), while stock markets have soared despite overhanging clouds, watched internal political chaos with Vice-President resigning and Election commission being questioned, and organized the Mahakumbh featuring the largest gathering of humankind at a single place… Quite an action-packed journey around the Sun.

During Operation Sindoor, the TV news jingoism reached new depths. While it is understandable that media is used for controlling the global narrative and what is happening at the ground doesn’t come out in the open. But the TV news channels instead of providing an assuring note, were pulling out narratives out of their own fantasies! Only satisfactory note - the other side was no better. We discovered during the course of those 4 days that amongst other things, not only was there a port in Patna, but it had been destroyed by Pakistani drones!

Meanwhile life in India continues to be cheap – stampedes at cricket victory parade, railway stations & festivals, manmade & natural disasters, a messed up infrastructure– all reduced to a mere statistic.

Worst of all has been the rise of the Ugly Indian Image outside – Indian tourists & diaspora doing if not illegal, simply cringe-worthy activities across the world. Although, is this case also, the spin doctors are doing their best/worst to paint this outburst of such news items as is simply a coordinated attempt by jealous foreigners to malign India’s shining image globally.

And finally in the battle of species, the Hon. SC is hearing the matter of removing dogs from the national capital streets while the financial capital is becoming a battleground for feeding pigeons!

But amidst all the doom and gloom were a few rays of shining light
  • Subhanshu Shukla became the second Indian to go to space.
  • Chess is home – Team Olympiad Golds, Open World Champion, Women’s World Cup Winner, More Grandmasters than squares on the Chess board - we are witnessing the start of an era of sporting domination.
  • Bids have been submitted for the 2036 Olympics and the 2030 Commonwealth Games. While a great initiative, whether this will result in grassroots initiatives as well remains to be seen.
In other news, the registered post will cease to exist as will the post boxes. A practical decision to move on with times. Which is what many folks need to do in various other matters as well!

So that was a little post featuring a tiny sliver of events from the perspective of the world's largest populace! Hoping for quieter times in the coming year!

Happy Independence Day!

Jai Hind!

Wednesday, July 23, 2025

BookMarks #127: 1962 The War That Wasn’t

Title: 1962 The War That Wasn’t
Author: Shiv Kunal Verma
Genre: History
Published: 2020

BookMarks
We died, unsuccoured, helpless
We were your soldiers, men of bravery and pride
Yet we died like animals, trapped in a cage with no escape
Massacred at will, denied the dignity of battle
With the cold burning flame of anger and resolution
With the courage both of the living and the dead,
Avenge our unplayed lives
Redeem the unredeemable sacrifice In freedom and integrity
Let this be your inheritance
And our unwritten epitaph

The book is a tale of how the India-China war/conflict of 1962 was lost, not on the battlefield itself but much before through a combination of blind belief, lack of planning, poor co-ordination, and at times sheer incompetence of some of those in command. It is also a harrowing tale of bravery of the soldiers at the frontier who despite all odds - a well-prepared enemy, lack of supplies, incoherent leadership, kept fighting till the last breath. The sheer absurdity of the situation is highlighted by the fact that the Indian side wasn’t even aware of the unilateral ceasefire announced by the Chinese for more than a day!

A few interesting facts gathered from the book in no particular order
  • Henderson Brooks-Bhagat Report - a detailed study commissioned by Army Headquarters to document the events of October-November 1962 in NEFA still remains classified despite multiple government changes
  • The Indian soldiers referred to the Chinese as afeemchis [opium smokers]
  • Hari Pal Kaushik, then twenty-eight years old fought in the war, was part of Gold Medal winning Hockey team at the 1956 Melbourne Olympics. (he would win another gold at the Tokyo Olympics in 1964).
On Politics & Indian Top brass
    Many countries that had become independent after World War II fell prey to military coups (the most pertinent example being Pakistan). In view of this, India’s politicians and bureaucrats pushed through mindless measures that systematically downgraded the status and influence of the army.

    In an interview with the Times of India in 1968, while discussing the Chinese invasion, Krishna Menon said: ‘We did not realize that whenever China had had a powerful government she has been expansionist. Secondly, China had come into power through violence and force and nothing else; she had been at war for thirty or forty years, and the bulk of the world’s people were in sympathy with the exploits of the Red Army. Thirdly, China wanted to show both us and the world that she was the largest nation.’ On the other hand, Menon was to admit that during this period ‘the pressure upon me from all sides was not to increase the Army efficiency and strength but to cut it down

On China
  • At the time of independence, India’s official position was that it recognized Tibet as an independent country while also recognizing the fact that it was under Chinese suzerainty.
  • As per the author India grossly over-estimated Chinese military power. Gen. Thimayya (the first and only Indian officer to command a fighting brigade during the World War II) is quoted as “Whereas in the case of Pakistan I have considered the possibility of a total war, I am afraid I cannot do so in regard to China. I cannot even as a soldier envisage India taking on China in an open conflict on its own. China’s present strength in manpower, equipment and aircraft exceeds our resources a hundred-fold with the full support of the USSR, and we could never hope to match China in the foreseeable future. It must be left to the politicians and diplomats to ensure our security.
  • The Chinese knew everything, Indian deployment almost to the section and platoon level was known to them. Sometimes they knew what the Indians were going to do even before the decision was taken.
  • Even according to Chinese records, at no stage had there been any action that pitted more than an Indian infantry company against at least four to five times the number of Chinese troops.
On Warfare
It must be appreciated that in the early stages of any war the attacker will always have the initial advantage over the defender because he can choose the time and place for the attack and can therefore apply all his strength at any given point. Therefore, he will get into the defender’s territory and make penetrations. If this happens the defender must not lose heart because he will have his say when he has located the main thrust and moves his reserves to meet it -very likely on ground of his choosing. There he will give battle, stabilize the situation, and then steadily push the enemy back. This process may take a long time, but there is no other answer to it when one is on the defensive.

The fear of the unknown plays a great part in conditioning the behaviour of men, even if as soldiers they are meant to be able to face uneven odds at times. Those who had earlier combat experience were perhaps even more tense, with images of past encounters in their minds, knowing that they must put up a brave front. Patriotic ideals recede into the background, what now counts is the next man and JCOs and officers. They’re in it together and while fear has a numbing effect, a conscious effort has to be made to conceal it.

Overall, not an easy read – politicians dilly-dallying, generals not taking decisions, local commanders moving away from the field of battle, soldiers battling it out till the last breath. As the book concludes “No amount of post-war rationalizing can cover up the fact that there was a total collapse of command and control.” 

Previously on BookMarks: The Bhagavad Gita for Millennials