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Baby Faced Terror - Mumbai, 26/11


A reporter talks on her phone as smoke is seen coming from Taj Hotel in Mumbai November 27, 2008.

26th of November, Wednesday night, Mumbai, India found itself the target of a ferocious terrorist attack, and the situation remains mostly resolved now, with much evidence to boot, but action still pending. According to reports, upwards of 10 young men entered Mumbai in small inflatable boats on Wednesday night, carrying bags filled with weapons and ammunition, and spread out to nine locations to begin their attacks. Lobbing grenades and firing their weapons, they entered hotels, a railway ...Read more

Posted in Mumbai Terror Attacks
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I n f l a t i o n: Everyone’s illusion of wealth

Is an inflation rate of 6.8 percent bad news for India when countries like Zimbabwe have hyper-inflation of 100,000 percent?

In 1981 we had an inflation rate of 10.4 percent when GDP growth was over six percent. In 1991, inflation was as high as 13.1 when GDP growth was just one percent. Why are the common man and the policy makers worried about inflation?

This brings us to the definition of inflation? A common man understands that there is inflation when he buys his usual list of commodities from the market. If there is ...Read more

Posted in open your eyes
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Are You Odd, If Not Conventional?

Well.. yes you are. The world likes to be witness to new people and things until they are not in their proximity and not trying to break their mould. Which is exactly what makes them conventional. Here don’t confuse conventional with common. We are all common, in our own petty or monumental ways, but some have the courage to get out of others way. To stop competing with a convention and start competeting with individuality.

 Thats what makes an entrepreneur, and this word is still quite alien to our country. After all the whole world is complex; and understanding this complexity is what marks the ...Read more

Posted in entrepreneurship
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Why have Indian banks not taken the plunge yet, like USA..

Thomas Jefferson said,

 
“If the America people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their prosperity until their children will wake up homeless on the continent their fathers conquered.”

What is Federal Reserve Bank?

The FED is a central bank. Central banks are supposed to implement a country’s ...Read more

Posted in open your eyes
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