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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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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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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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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