Economy

In 2014: The Richest Man of Earth will be an Indian

September 13, 2010

Believe it or not. If the predictions made by Forbes Magazine become correct, by 2014 the richest man on earth will be an Indian. And who can be him? Well none other than Mukesh Ambani, the chairman of Reliance Industries, who incidentally is already the India’s richest man. Currently, Ambani, 53, ranks in fourth place [...]

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Agriculture and increasing food prices rise

March 20, 2010

These days if you happen to meet any common citizen of India and ask him about the most annoying, painful and consistent problem he is facing these days, in all probability, a majority of Indian citizens will say- “It’s huge rise in prices of common food items of daily needs”. Believe it or not, but [...]

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Reasons for Global Recession – Part Two

March 10, 2009

In one of my earlier posts, I wrote about the causes of global recession. This post become quite popular and hundreds of people thanked me for the simple explanation of this phenomenon. This is article is in continuation of what I wrote in that post. Sub-prime mess which was the main theme of that post [...]

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Satyam Debacle: Seeing it from another side

January 16, 2009

I got this email forward from my brother today.  It is claimed to be from a Satyam employee, who has a slightly different opinion on the whole Satyam Debacle ?  A very interesting read indeed ….. At a time when almost 90% of my Satyam friends are cribbing about the fraud and betrayal by Ramalinga Raju, [...]

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What Warren Buffets Does When Stock Market Falls ?

November 3, 2008

Owing to the recent mess in the stock market, often our discussion in office revolves around falling stocks of Indian companies. Just a few days ago when we were involved in one such discussion, one friend guessed about what Warren Buffet must be doing these days. After all, this legendary investor, who became world’s richest [...]

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Liquidity Crunch in India : A good explanation in Hindi

October 20, 2008

Just came across this excellent explanation of credit crunch in India . It is written by Mr Anshuman Tiwari for today’s Dainik Jagran (20th October). So full credit to him for writing this excellent article. The article is in Hindi. I hope most of you will be able to grasp it.  Gafalat Se Nikali Bazar [...]

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Reasons for Global Recession: In plain simple English

October 18, 2008

These days the most talked about news is the current financial crisis that has engulfed the world economy. Every day the main headline of all newspapers is about our falling share markets, decreasing industrial growth and the overall negative mood of the economy.  For many people an economic depression has already arrived whereas for some [...]

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6th Pay Commission : Which is the best Calculator ?

September 7, 2008

The 6th Pay commission, which was recently officially announced by Indian Government through a notification, has made all the Government employees very busy these days. No matter where you go in a Government setup,  the only discussion going on there will be the calculation of Salary structure and Arrears which Government employees are going to [...]

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Indian Economy : The bad phase has begun

July 15, 2008

Well, its been a long since I wrote my last post on Indian Economy. At that time the stock market was booming and I explained how the subprime crisis was proving to be a boom for India. At that time India was a darling of the investors worldwide and dollars were pouring in. Not any [...]

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Positive effect of a US depression on India

January 29, 2008

Every dark cloud has a silver lining A US depression is on anvil. Though not confirmed but in a hush hush way it is becoming the talk of the town. According to many experts the Depression in US Economy has already arrived. The mess of subprime mortgage has become somewhat unmanageable and is slowly taking [...]

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