Friday 31 December 2010

Inflation Skyrockets

Inflation is defined as "a rise in the general level of prices of goods and services in an economy over a period of time."  The never dwindling inflation in the Indian economy has reached a 10 week high despite hopes expressed by the economist PM and lawyer FM, along with helplessness conceded by other statutory bodies created to work on economic issues. The suspicion of hoarding expecting a price rise cannot be ruled out since this inflation does not fit into it's abstract economic definition.

Monday 13 December 2010

Turnaround King(pin)s of India

The title of Turnaround King was given to Jack Welch for his wonderful job at GE and also to Louis V. Gerstner for his historic turnaround of IBM. Nithish Kumar was given that title for his great turn around of Bihar. Come to think of turnarounds of economies and businesses one has to wonder why such a nation brimming with brilliant minds, have starvation deaths in the first place, keep aside Governmental apathy towards that for discussion later.