Category: Economy
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The 80/20 rule by the great Italian economist Vilfredo Pareto, is a brilliant theory that should find application in all possible fields, including technology and education. The rule meant that in anything a few(20 percent) are vital and many(80 percent) are trivial. In Pareto’s case it meant 20 percent of the people owned 80 percent…
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Every business institution must have a thorough understanding of their competitors. It’s not always easy as it seems. Recognizing your competitor is the most important part. What Apple did to Sony, Sony did to Kodak. Apple being a computer based company, almost eliminated Sony from the audio industry. Sony never expected an IT company to…
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Every year, during this time, when the union budget is announced, there is a lot halla over it. Is the budget good? Will it help the common man? Will it be good for the industries, and the IT sector? Many economists believe that the best way to evaluate the budget is understanding behaviour of the…
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Pakistan is burning. Perhaps democracy is at test and so is the dynastic rule that started after the death of Benazir. Can Pakistan be saved? Many political thinkers across the world agree that the Kashmir situation is the single greatest threat to the world today – both India and Pakistan being nuclear armed. The nightmarish scenario for the world…
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Dear Sir One thing that has changed significantly in the past 15 years is the size and the quality of lifestyle of the Indian middle class. Lives have changed since the 1991 economic reforms. But these reforms are also responsible for the downfall of these lakhs and lakhs of farmers’ death. A country cannot run…
सौरभ राय | Sourav Roy 