Saturday 14 September 2013

Gold Quest of UPA II

With the title I'm not referring to the dubious company which asked for  Rs. 30,000/- initial investment and some MLM. In turn it offered a gold coin and a promise of a million rupees in due course if you get more people in to invest Rs. 30,000/-. The weird thing is when busted the legal advisor of the company turned and offered to take up the case of the aggrieved people. The case nor the fraud was heard of thereafter. The legal advisor was none other than Nalini Chidabaram, wife of Mr.P.chidambaram, Hon'ble Finance Minister of India.

Friday 5 April 2013

Business Operations, Data Collection and Reporting.

I was speaking with one of my friends. He too works with an MNC. Talk was about work. Along with the usual lament on work life balance, he cursed about reports and data. I asked him some questions to get more information to satisfy my conscience that all are sailing in the same boat. I love reports and analysis, but despise the way data is collected most of the time. My friend started swearing about the people working on data and reporting. I asked him to cool down by saying most of us are not dreading the data collection but the queries that come after comparing different reports.

Tuesday 1 January 2013

Indian Economy in 2012 - Nothing to base hope on.

We have had a tumultuous calendar year that ended yesterday. The UPA II Government had projected a GDP growth at  7.6 (+/-0.25) %for FY'13. Chief economic adviser Kaushik Basu was confident about 9% growth but was worried about the impact debilitating politics would have on the economy.  With a projected GDP growth of 9% in 2011-12 and ending up with 6.9%, the start of the FY 2012 -13 was upon an established lie. We didn't have any analysis on why we missed the forecast of 9% growth in 2011-12 and what exactly are going to do to achieve the >7% growth as projected.  (Economic survey 2011-12)