The Star advertisements for its new high-definition broadcast system are a good example of poor advertising. For, you cannot use TV as an education medium. People watch TV to be entertained and not to learn science
Star India's five channels, Star Plus, Star Movies, Star World, Star Gold and Nat Geo have gone high-definition (HD). And that's great news. What's the point investing in a high-end HD TV if the telecast is low-def. Naturally, Star needed to advertise this development. But the creative is so bad, you wish they may as well have kept quiet, saved some money, and let the bahus and saases of their TV serials tell us this good news. Anyway, in-product advertising in TV programming has now almost become a norm.
Three rather tiresome commercials are on air to promote Star HD. What they try to do-and that is one of the key advertising don'ts-is to educate us stupid viewers on the science of high-definition television. For some really silly reason, this is hoped to be achieved through some pathetic conversations between two very irritating dudes, as they speed along on a national highway.
The setting of the ads is not only strange, it's pretty thoughtless. I can assure you two young chaps driving out on a holiday would have a lot of riveting issues to discuss, ranging from music to movies, to career, to girls and more girls. The last thing on their minds would be HDTV. And if on account of serious bad luck one was to be stuck with such a boring person, one would jump out of the car and hitch a hike with a bullock cart. Yup, their conversation is THAT bad.
Anyway, they discuss key requirements for high-definition television viewing. That an HD TV and an HD set-top box are faltu items without Star's HD content. And in order to inject a modicum of entertainment, in one of the ads, the youngsters compare a non-HD TV to a sugarcane juice extractor. The idea? One chap explains that a sugarcane machine will only produce sugarcane juice, and not mango milkshake, because the input is only sugarcane. Ergo, an HD TV without the Star HD will deliver poor output. Weird! Likewise in another commercial they chatter about the authenticity of a Rs500 note. And compare that to the asli Star HD. And to be honest, I simply skipped the third commercial, just didn't have the patience to even watch it once.
Good example of really poor advertising. No, you cannot use TV as an education medium, it never works. People watch TV to be entertained and not to learn science. This is well known and yet some marketers make the same folly again and again. No, two dudes on a highway will not discuss TV programming quality. And no, I am not buying Star's HD bouquet. Imagine watching such tripe on HD TV!!!
Finance minister Pranab Mukherjee said monetary policy tightening was required to contain inflation in the context of the volatility of commodity prices, including energy prices and food prices in the international market
New Delhi: Supporting the Reserve Bank of India's (RBI) hawkish stance on the monetary policy, finance minister Pranab Mukherjee today said the increase in the key rates was necessary to contain inflation, reports PTI.
"This (rate hike) was necessary to contain inflation.
Inflationary pressure in the economy is still very high," Mr Mukherjee told reporters after the RBI announced its annual monetary policy for 2011-12.
The central bank increased the repo rate (short term lending rate) by 50 basis points (bps) to 7.25% to rein in inflation, which was almost 9% in March. It is a signal for banks to tighten interest rates.
The RBI has pegged the year-end inflation at 6% but cautioned that for the first half of the fiscal 2011-12, the rate of price rise would be in the range of 9%.
The finance minister said monetary policy tightening was required "to contain inflation in the context of the volatility of commodity prices, including energy prices and food prices in the international market."
On the issue of growth-inflation trade-off, RBI governor D Subbarao said, "High and persistent inflation undermines growth by creating uncertainty for investors and driving up inflation expectations."
Agreeing with Mr Subbarao, Mr Mukherjee said the economic growth for the current fiscal would be influenced by international commodity prices and monsoon rains.
"It would depend upon the energy prices and on the behaviour of good monsoon.... We are hoping that there will be good monsoon," the finance minister said.
On rising crude oil prices in the backdrop of political upheavals in Middle East and North Africa, Mr Mukherjee said "that uncertainty is still there."
The RBI's gross domestic product (GDP) projection is lower at 8% for the current fiscal while the government had pegged it at 9%.
A very rare picture, it is a part of a fascinating collection of Mr Jayakar. A Parsi gentleman sold some voluminous scrapbooks to him about 15 years ago. These scrapbooks contain every conceivable bit of information on old Bombay. The gentleman pasted newspaper articles, ads, pictures, postcards, labels, etc, and wrote down all the information he could find on Bombay in the margin alongside. All the information is accurate, and there are obscure but interesting facts which are not found anywhere else—like the length of the Victoria Terminus station and its cost of construction. Mr Jayakar refers to these scrapbooks often. The only glitch is the gum used by the collector; he had pasted rare documents, maps, pictures, bank certificates, etc, directly on the paper; they are very difficult to remove now. As a result, many priceless documents have been ruined. Yet, Mr Jayakar thinks that it’s an extraordinary collection.