ChinmayC Blog

The State Bank of India ( SBI ) has always been an active ingredient in our generational bloodstream—like in that of almost all of India’s state and central government employees and their families who have either salary accounts or pension accounts or deposit accounts or investment accounts or all the beneficiary accounts required by the governments to enjoy the benefits of various schemes. No doubt, the pressure on the bank has always been immense across the nooks and corners of the country, impacting the performances of the various branches. But the bank has been marching well with the digital developments over the years and for many of us the branch visits have been reduced to the minimum. Besides, the SBI’s net-banking site which is indeed a very secure and user-friendly, and the YONO App have done their bits to ease the hassles of the accountholders. However, despite the tremendous advancement of banking a few rickety old rules or diktats that we’d refer to as ‘ structural r...

India Post has announced today that postal services to the United States of America will be temporarily suspended with effect from 25 August, 2025 with a few exceptions. The press release issued says that it has taken note of the Executive Order No. 14324 issued by the US Administration on 30th July, 2025, under which the duty-free de minimis exemption for goods valued up to $800 will be withdrawn with effect from 29th August, 2025. Consequently, all international postal items destined for the USA, regardless of their value, shall be subject to customs duties per the country-specific International Emergency Economic Power Act (IEEPA) tariff framework. However, gift items up to the value of $100 shall continue to remain exempt from duties. Per the Executive Order, transport carriers delivering shipments through the international postal network, or other “qualified parties” approved by the US Customs and Border Protection (CBP), are required to collect and remit duties on postal sh...

In a landmark step towards strengthening India’s international trade ecosystem, India Posht and the World Trade Centre (WTC), Mumbai have signed a historic Memorandum of Understanding (MoU) today in Mumbai to enhance global market access for Indian businesses, with a special focus on MSMEs and entrepreneurs. This strategic collaboration combines India Post ’s unmatched postal reach with WTC’s global trade expertise, thus creating a powerful platform to help Indian enterprises expand their footprint in international markets. The novel initiative is expected to boost exports , facilitate cross-border partnerships, and empower small businesses to go global. The MoU was signed in the presence of Suchita Joshi , Postmaster General, Navi Mumbai Region , Dr. Sudhir G. Jhakere , Assistant Postmaster General and Dr. Vijay Kalantri , Chairman, WTC Mumbai. The ceremony was also graced by Captain Somesh Batra , Vice Chairman, WTC Mumbai; Sangeeta Jain , Senior Director, AIAI (All India Associat...

It has become, particularly after the pandemic-driven desperation, extremely unsavory, unhealthy and irritating to avail of or buy any service or product from any service provider or business unit, ranging from an innocuous cup of tea to medical services, because once you do so which you cannot possibly avoid the marketing hawks of the concerned agencies will keep on bombarding you with text messages, WA posts, emails and also voice interactive or even live voice calls with no deadline for a most desired end, perhaps it's set to continue till the end of you or of the world! They holler and hammer you to rate them, recommend them, fill up feedback forms, take surveys and what not, and of course to continue buying from them. This is aside from the hawks of the bank/insurance/financial agencies who stop at nothing to lure you in, offering cards and personal loans even to hapless senior citizens, and the infuriatingly incessant reminders to pay up regular dues from about a month before...

We’ve been very much used to lament ‘all the taxpayers’ money’ whenever we come across some embezzlement of public funds or plain acts of bribery and corruption. In this piece we’ve decided to confront a new but emerging phenomenon as should be clear from the title given. That day during a writer-authors’ conference one author made a disturbing observation on or perhaps lamented that ‘nowadays the number of authors has exceeded the number of readers’! That observation instantly found a sympathetic supporter in none other than this writer; because I’d dwelt on this post-modern phenomenon quite often and I’d even extended this realization to ‘there are more singers than listeners nowadays’ and of that kind. However, I don’t intend to analyze the nitty-gritty of such phenomena here apart from just saying that such brazenly emerging facts of life have been owed entirely to the social media and all digital formats that convinced a huge chunk of the users that they could indeed write and ca...

Maharashtra Postal Circle has today organized ‘Business Meet-2022’ in Mumbai with a view to announce the Circle’s new initiatives to its bulk customers in providing logistic solutions for the speedy delivery of parcels and cargo services. This Meet is a part of the National Postal Week-2022 being celebrated from 9 th to 13 th October with various daily activities wherein October 12 has been marked as the ‘Mails and Parcel Day’. The highlight of this Business Meet has been the presentation of the new initiatives in the presence of India Post’s major stakeholders from Mumbai and Navi Mumbai as regards the parcels and cargo services.   Amitabh Singh, Postmaster General (Mails & Business Development), made the presentation regarding the new initiatives taken up by the Department of Posts and apprised the Customers of the planned Logistic Post and Express Cargo Service revamp.   During the interactive session that followed discussions were held for ensuring better an...

“Hello! Is this Mr. ----?” “Yes, speaking.” “Sir, I’m calling from the Khatak Life Insurance Company…!” “Oh, welcome back! So, you’re giving me a job again, right?” “Well Sir…it’ll be a part-time job…!” “How much salary would you be giving me per month?” “Well…err…Sir! First you’ll have to come to our branch to discuss it over!” “Nah, my dear lady! I won’t come again to any branch of yours. Since you know everything about me please send me the appointment letter!” “Hmm…mmm…um…ugh…ooh…!” “Enjoy your day!” (Cuts the line … Khatak!)   *   “Hello Sir! I’m -----, calling from Khatak Bank. Can I have a minute with you please?” “About what?” “We’re giving you a credit card with a lot of benefits, specially designed for you…!” “So, nowadays you’ve started issuing credit cards to granddads too!” “Pardon Sir?” “What pardon? I know a bit about how you get our phone numbers. Now, once you get my number you have to be knowing a bit about my user profile too, no?” “Your p...

The two-year long COVID-19 pandemic (no signal that it’s ended) has jolted the Indian economy almost out of its roots, heightened by the fact that the economy had been under a lot of strain for at least two years prior the outbreak. The normal demand-supply equation has gone bizarre—the supply chain not yet being able to resume its normal course, with some of the key sectors suffering maximum damage, in light of insufficient demand as the common people now want to hold on to their savings fearing an uncertain future. Normally, with less demand and normal supply the prices should fall and this has led many experts to expect a recession soon or already in the process. However, prices only kept on rising, crossing a whopping level of 7% in the recent quarter that’s made the Reserve Bank of India increase the Repo rate twice in two weeks. With some knowledge of economics I feel that while the customers are not spending their money enough the suppliers not still getting the normal booming t...

Lord Shiva is believed to be the most powerful God in the Hindu Trinity with Brahma and Vishnu. Lord Shiva is described as a destroyer and also a recreator and transformer. He is also referred to as Mahadeva or Maheshwar—the Great God. In his benevolent form he lives like a simple householder with his family of other Hindu Gods and Goddesses and spends His time in Kailash with the simplicity of an ascetic. But when He is angry, he becomes the Destroyer in which form he can obliterate demons, impurities in human minds and even the whole world. He is everywhere like any other omnipotent and omnipresent God. You can find Him in your heart, in the environs of your home and do your prayers accordingly; and if you want to worship Him in the form of an idol you can install a Shivling or Shiva Linga, the mark or sign or symbol of Lord Shiva, in your home or visit a temple or a shrine or a place of worship even under a big tree that are found almost in every locality in India. There are even ar...

The Festival of Colors, Holi, began in India with the symbolic burning of Holika (a demoness of ancient times representing the evil or the Satan) effigy last night. This festival is celebrated every year in the last full moon night of the Hindu calendar year. Today, the colors are submerging the country in a spirit of joy. The Indians righteously feel and justify the celebrations across the country as they have missed this for the last two years, and after all, this signifies the victory of good over evil. For the last one month the country has seen a return to near normalcy with all restrictions except for the mask removed, the schools/colleges reopening; and just when they felt that the Pandemic had finally entered the endemic phase came the WHO (World Health Organization) warning that the pandemic is far from over and it has been spiking globally again with more than 11 million cases new cases and over 43,000 deaths in the last week. Combine this with the Russia-Ukraine war raging ...

Notwithstanding the complications and the stakes involved in the Ukraine crisis it is just incredible that in an ultra-modern age where the globe becomes one community, international diplomacy should fail so miserably to prevent a war that could have grave multidimensional impact. Again and again, the lust for the superpower status and strategic presence cum military bases has been driving the US and Russia with or without China launch military assaults, occupations, invasions and wars since the era of the cold war ended. With the same aggressive intent and lust Russia has invaded Ukraine just hours ago. President Vladimir Putin calls it a military intervention or operation that has become inevitable after the nationalist ambitions of the Ukrainians and Ukraine’s drive to integrate itself with the European Union and the NATO have threatened Russia’s national security. Putin’s justification has extended to his chilling warning that should any other country interfere in its ‘necessary’ w...