We won. Hum jeet gaye.

My parents first bought a TV home on December 25, 1984. In the last four decades I have seen almost all the international cricket that has featured the Indian Men’s Cricket Team and has been broadcast live in India, even getting up for games in New Zealand starting at 2.30 in the morning in New Zealand. And that’s quite a lot.

But I have never seen a game like this. 30 runs required of 30 balls and six wickets in hand. And Henrik Klaasen going like the whole town was about to burn down, and he had to catch the last plane out.

Who doesn’t win from such a situation in this day and age?

It was the end. Done and dusted. Over and out. Khallas. Finish. Khatam. Tak taka tak.

India would have lost yet another World Cup final in a matter of seven months and a few days.

Virat Kohli’s slow inning would have been blamed. 76 of 59 balls. He would have also probably played his last T20 international, at least that’s what I thought until 30 mins back.

Suryakumar Yadav’s lack of runs in clutch games would also have been offered as a reason for India’s loss. In fact, it already has been. The Malayalis would have said they didn’t play Sanju…ye to hona hi tha

Or the fact that Rohit Sharma should have bowled Hardik when he bowled Axar—an over which almost put India out of the game—given that the spinners had already gone for too many runs by then.

Some commentators who have been commentating as long as I have been watching cricket would have said that India should have sent Hardik before Shivam Dubey. Mr Pandya barely got any balls to bat.

Meme makers would have talked about lucky generals or the fact that Rahul Dravid had never won the World Cup. Which is why need Gautam Gambhir as the next coach, some Hindi commentators would have said. And even more frivolous reasons would have been offered.

But everything is obvious once you know the answer. And things didn’t turn out as they seemed they would, even after I had switched off my TV and was following the game on Cricinfo–the heart can only take so much.

Bumrah did Bumrah things, which Sanjana will now ask him about on ICC Digital’s Instagram feed.

Arshadeep—who very quietly has accumulated 79 wickets in T20 internationals and already become one of India’s most successful T20 bowlers—chipped in.

Surya took a catch that one can possibly see only once in a lifetime. And Hardik’s lack of time with the bat was more than made up for by his time with the ball.

Meanwhile, Virat did Virat things, saved his best for the last with the bat, and drummed all up the support that India needed on the ground. He got the adrenaline going.

Rohit Sharma batted both Australia and England out of the tournament, without which we wouldn’t played this great final game, in the end telling us that cricket is a team game. There will be be greats but it takes 11 individuals to win a cricket match on most days.

In the end, We Won. Hum jeet gaye. Though for those looking to cash in on it, the victory came a few months late.

And chokers continued to remain chokers! And in all this, where does that leave Ishan Kishan—that Pandey ji ka beta?

The BSE Sensex registers its 214th highest single day gain ever

The BSE Sensex–India’s most popular stock market index–closed the day today at an all-time-high of 76,468.78 points, a gain of 2,507.47 points from where it closed on Friday (May 31, 2024).
It’s the highest gain single day gain that the Sensex has seen–of course, in absolute terms. And we love absolute numbers (ask all the real estate investors who never seem to know the real CAGR on their investments but always know how many lakhs and crores they have made.)
In percentage terms the gain has been 3.39% from Friday’s close. This is the 214th highest single day gain ever for the Sensex. The Sensex data is available starting from April 3, 1979. This is a headline you won’t see anywhere because percentages make the headline boring. Who wants to read 214th highest when it can simply be the highest?
The highest gain in the BSE Sensex in percentage terms happened on 18th May 2009, when it jumped by 17.34%. The next eight highest gains where in 1992 or earlier years (when Harshad Mehta was at his peak).
The 10th highest gain of 8.97% happened on April 7, 2020, when the Sensex rebounded from covid lows.
Of course, even a 3.39% gain in a single day is fantastic. It’s more than the annual residential rental yield on almost all real estate in India (i.e. if you like to think in percentages and not in absolutes).

On Bappi Lahiri – He was way more than just the Disco King

Source:

Bappi Lahiri, the man who wore a lot of gold, inspired a million memes and was inspired by a hundreds of tunes of popular English songs, died today morning.

Bappi da entertained a whole generation at a time when the word almost did not exist. He was a part of an era when Hindi films were simple, almost simplistic.

There was a hero. There was a heroine. And there was a villain. Of course, there was also a comedy track which had nothing to do with the movie. Or if I were put it in terms of how Hindi film directors talk these days, the comedy track did not take the story forward. In fact, you can cut out these comedy tracks totally from the movie and the movie would still make sense; without being quite as enjoyable.

The villain could be a person, with more junior villains under him and an adda, a den, where the hero would come in at the end and rescue the heroine and the family. He would also beat up the main villain and the junior villains. But not before the heroine had sung an item number because the villain wanted to see some skin.

The villain could also be family. The father of the rich heroine who could not see his pampered Paapa ki Parri kind of daughter find love and do a rain dance with a poor man. He would try to buy the hero by offering an unlimited amount of money. And of course, the hero would refuse. However, a couple of hours later, all would be well, and the hero and the heroine would live and love happily ever after.

Those were simpler days. Cinema tickets were cheap. So was popcorn. The seats weren’t as comfortable. And on most days the AC in the cinema did not work. Or AC stood for air-cooled and not air-conditioned (Please don’t ask me what the difference was).

Bappi Lahiri’s music was a part of this era, when people went to the movies to have a good time and not to figure out where the music director had copied the tune from and crib about it later on Twitter by doing long threads. If the song was a good to the ears, it did not matter where it came from.

If the movie was enjoyable, people went and watched it again. Took their family. Their friends. They did not do long posts on LinkedIn to explain the management lessons they learnt from watching Sholay.

Interestingly, the basic plot of Sholay was based on the Hollywood Western, The Magnificent Seven, which in turn was inspired by The Seven Samurai, a Japanese film made by Akira Kurosawa. Of course, there were a whole lot of other movies from which scenes had been copied, including Madhumati, if I remember correctly. As Salim Khan, one-half of the famous Salim-Javed jodi, which wrote Sholay and many other superhits, once said, “Original kya hota hai? Creativity is about hiding the source.”

Bappi Lahiri was a part of this era. It did not matter that koi yahan aahe naache naache was lifted from The Buggles hit, video has killed the radio star. What mattered was the way Kalpana Iyer lip-synced and danced  on screen. What mattered were the fantastic beats which made you want to dance in the aisles of the cinema hall you were watching the movie in.

It did not matter that mera dil gaaye ja zubie zubie zubie was lifted from the Modern Talking hit, Brother Louise. What mattered was that the casting of the movie Dance Dance accompanied the song and one knew that a Mithun movie produced and directed by Babbar Subhash (better known as B Subhash), also featuring Amirsh Puri and his lecherous eyes, was bound to be entertaining.

Bappi Lahiri was a child prodigy who went out of work in his early forties, in the early 1990s. In the years that followed he was labelled as the copycat king and made fun for wearing too much gold. This is not to say that Bappi Lahiri did not copy, he did. But so did everyone else from C Ramachandra to Shankar-Jaikishan to Laxmikant-Pyarelal to RD Burman, all famous music directors in their own right.

Let me just give you one example here. The famous Shankar Jaikishan song ajeeb dastan hai ye was inspired by the Jim Reeves song my lips are sealed. Of course, only the music aficionados know this, but everyone and their aunts know that Bappi da copied sochna kya jo bhi hoga dekha jaega from the lambada.

It’s just that the generation which first started using the internet in India was more aware of Lahiri’s work than that of his predecessors. Hence, he was quickly found out. The assessment of Bappi Lahiri’s music started to happen just at the point of time when access to information exploded and the people who became the thekedars of the society on this issue, were more well-versed with his music than the music of the music directors before him. A similar thing happened to Annu Mallik.

The nuanced thing to say here would be that a lot of disco music which Bappi Lahiri made popular in India, was copied from English songs. But that does not mean he did not give good-melodious music. He couldn’t have survived as a top music director for two decades just by copying disco music. Many people are sullying his legacy by calling him the Disco King.

Let’s sample a few extremely melodious non-disco songs of Bappi Lahiri.

1) ye naina ye kajal ye zulfen ye aanchal from Dil Sey Miley Dil.
2) manzilen apni jagah hai from Sharaabi.
3) muskurata hua from Lahu Ke Do Rang.
4) maana ho tum behad haseen from Toote Khilone.
5) mere dil main tu hi tu hai from Bhavna (This rather unknown song was sung by Jagjit and Chitra Singh. While growing up I heard this song umpteenth number of times simply because I had a combination cassette of Masoom and Bhavna).
6) halke halke aaye chalke from Apne Paraye.
7) aashiq deewana hoon pagal parwaana hoon from Afsana Pyar Ka (A rip off of Richie Valens/Los Lobos superhit la bamba. I love the Bappi Lahiri/Amit Kumar version as much as the original one).
8) mujhko ye zindagi lagti hai ajnabi from Sailaab (The pathos in this song sung by Amit Kumar and Asha Bhonsle can make you gloomy on the most cheerful of days).
9) takhon tumar ekush bachhar  (This modern bangla song would have made even Salil Choudhary, the king of modern bangla songs, proud).
10) awaaz di hai from Aitbaar. (This lovely ghazal kind of number was sung by Bhupinder Singh and Asha Bhonsle. And Mukul Anand’s Aitbaar was a scene by scene lift of Alfred Hitchcock’s Dial M for Murder.)

Okay, I can go on with this. But there is only so much space. And only so much time. And I know that I am competing with Netflix. So, do listen to the songs of Bappi Lahiri I have shared.

As for me I am going to blast Kasam Paida Karne Waale Ki, sung by the brilliant Vijay Benedict.

And while doing this I will remember of a much simpler time, when one waited for the hero and heroine to lip-sync to songs in a dream sequence shot with hundreds of background dancers, possibly in Ooty or in Kashmir or on a set in a Mumbai suburb.

I will remember of a much simpler time when one waited for the hero to fly in on his motorcycle into the villain’s den with some heavy dhan te nan background music and for everyone to live happily ever after.

I want to go back to the era where I could walk out of a movie for a few minutes and then come back and still follow the story, and not have to ask any one kya hua.

I want to go back to the era when watching a movie was just that, where I wasn’t trying to figure out the behavioural sensibilities of the film’s director or the writer for that matter.

I want to go back to the era when people did not watch a movie to figure out something that might offend them.

I want to go back to the era when what one saw on the screen was all one had to understand to figure out what the director was trying to say. There were no hidden meanings anywhere. What you saw was what you got!

I want to go back to the era when watching a movie wasn’t an intellectual argument waiting to be made on the social media.

And finally, I wonder, when did simple mindless entertainment go out of Hindi cinema?

Thank you for the music, Bappi Lahiri!

Kabhi Capitalism, Kabhi Socialism…

Some of you think that I have suddenly turned socialist (or I am probably revealing my true self now) because I think that free vaccines against covid for everyone is a good thing.

Yes, I can afford popcorn at a multiplex, I can even afford the most expensive multiplex tickets in India. But that’s not the point here. The pricing strategy of vaccines is not about me or you for that matter, it is about the nation at large, and that is the context in which my writing on vaccines should be seen.

Economics to me is not mathematics as it is to many people. I believe in looking at the context and then writing what I think is right. And a free market doesn’t work in every context. 

I have explained this in my pieces in great detail (you can read them here, here and here). Those interested in an informed argument can read the pieces. Those who aren’t, well, you have already decided which side I am on. And any amount of reading won’t change that. 

Last year when the covid epidemic broke the Indian economy’s back, I suggested increased allocation to NREGA and money being put in Jan Dhan accounts, in the very first piece I wrote on rebooting the economy. 

This is not something a firm believer in free markets would suggest. But I did. Because I thought it was important in the situation we were in. The government implemented these steps (not for a moment i am saying that they did it because I suggested them). Later on, I also suggested that India needs an urban NREGA.

I also suggested that the government should cut the GST on automobiles by 10% and cut the rate of income tax, so that people would be incentivised to spend more (the government didn’t do anything like that). These would have been seen as pro-market moves. 

But all along my thinking was how can more money be put in hands of people, irrespective of whether it was socialism or capitalism. The brackets don’t interest me. 

Over the years, I have also believed that rates of taxes on all forms of incomes should be the same (for which the stock market guys have really abused me in the past). 

When covid broke out, the government decided to put a price cap on airline tickets. I didn’t see any of you free market guys saying anything against the government limiting the price of airline tickets. Why should that be done? Who travels by air in India? Do I need to specify that? All the talk about incentive now. Is incentive only important for Serum Institute? What about Indigo, Spice Jet, Go Air, Air India? Unka kya?

But a vaccine can be sold at any price.

The point I am trying to make here is that if you thought I would be doing free market free market all the time, then I didn’t lead you there. You only saw the things that you wanted to see. 

It is easier to understand someone once you have bracketed them, identified them to believe in a certain kind of ideology. I get that. But then that’s not my problem. You thought I was the right echo chamber for you, clearly, I am not. There are lots of echo chambers on the internet, you can easily find one, where you fit.

I believe in what the former Bank of England and Bank of Canada Governor Mark Carney, writes in his new book Value(s): “ideologies are prone to extremes, capitalism loses its sense of moderation when the belief in the power of the market enters the realm of faith“.

If you don’t understand what this means, I suggest you read the third volume of my Easy Money trilogy. 

I can only say that any of the isms of economics are not an ideology for me. We have all seen what strong ideological beliefs can do to any country.

If you still don’t get it, again, that’s not my problem. 

मन के अंदर की मन की बात

कल से शिक्षित बेरोज़गारी का दसवां साल शुरू होने वाला है

जब ये सब शुरू हुआ था तब नहीं सोचा था कि नौकरी से ज़्यादा वर्ष शिक्षित बेरोगज़ारी में गुज़रेंगे. शायद मिडिल क्लास होने कि वजह से एक छोटी सी नौकरी की तलबगारी बनी हुई थी.

पर नौ साल वर्क फ्रॉम होम करने के बाद जो भी थोड़ी बहुत फीलिंग थी नौकरी की तरफ, वो पूरी तरह से ख़तम हो चुकी है. या फिर ये कहना चाहिए कि हम नौकरी करने के लायक रह ही नहीं गए है. प्रबंधन का प्रबंधन करना हमारे बस की बात नहीं है.

दुनिया भर के मैनेजमेंट गुरु entrepreneurship पर मोटी मोटी किताबें लिखते हैं, पर कोई ये नहीं बताता कि एक अच्छी नौकरी में, बॉस के ईगो और सहकर्मियों की असुरक्षाओं को सँभालते हुए, और इन्फ्लेशन से कम इन्क्रीमेंट पर ज़्यादा ध्यान नहीं देते हुए, ईमानदार कैसे बना रहा जाए?

खैर, हमें कौन सा हर महीने EMI देना है कि इन चीज़ों की चिंता की जाए, न ही बच्चों को पढ़वाना है या उनकी शादी के लिए पैसे जमा करने हैं. आपको ये सब करना है, इसलिए, बने रहिये. पिच पर नज़र बनाये रखिये और विकेट बचाये रखिये. कोई भी कभी भी आपकी तरफ गूगली फेंक सकता है, इसलिए उनकी कलाइयों पर ध्यान बनाये रखिये.

समय बहुत कठिन चल रहा है. पहले तो न्यूज़ मीडिया की हालत ख़राब है और ऐसी ख़राब हालत में गेम पूरी तरह से बदल चुका है. हम जैसे अदना लोगों को भी अब नेटफ्लिक्स इत्यादि के साथ compete करना पड़ रहा है.

compete, शायद सही शब्द नहीं है यहाँ पर, पर कहने का मतलब ये है कि लोगों के पास अब भी उतना ही समय है जितना पहले था, पर अब करने को ज़्यादा चीज़ें हैं और वो भी फ़ोन पर. और फ़ोन पर अगर आप गेम ऑफ़ थ्रोन्स से लेकर मिर्ज़ापुर देख सकते हैं, या फिर paaarti हो रही है वाला मीम बना सकते हैं, फिर आप हमारे लिखे को पढ़ने की मगज़मारी क्यों करेंगे. शायद हम भी नहीं करते.

सच बोलिये तो हमने भी न्यूज़ मीडिया को पढ़ना तो लगभग बंद ही कर दिया है. पर हमारी वजहें कुछ अलग हैं.

माओत्से तुंग के ‘परमानेंट रेवोल्यूशन’ का भारतीय रूप हर सुबह उठकर नहीं देखा जाता. जिन चीज़ों पर बातें होनी चाहिए उन पर बात हो ही नहीं रही, और जिन चीज़ों का कोई मतलब नहीं है, उन पर फलसफे जड़े जा रहे हैं.

खैर, अच्छी बात ये है कि हमने बच्चे नहीं पैदा किये हैं और जिन्होंने किये हैं वो तो व्हॉट्सऐप पर मस्त हैं. इसलिए सब चिल कर रहे हैं, बुत बनकर बैठे हैं. जो बात दिख ही नहीं रही, वो समझ में कैसे आएगी!

प्लान बी ये है कि अगर शिक्षित बेरोज़गारी नहीं चलती रही तो फिर क्राइम फिक्शन लिखेंगे और इन किताबों में उन सभी लोगों का, जिनका असल ज़िन्दगी में गला दबाने का मन किया था, उनको एक-एक करके मारेंगे.

कम से कम मन की दुनिया में मन की बात करने की आज़ादी अब भी बनी हुई है.

और शायद इस मन के अंदर की मन की बात में, आप भी हों. तैयार रहिएगा. बुत बनकर मत बैठे रहिएगा.