Category Archives: Economy

Nuke Bill– Whose Liability? Whose Bills?

Gross political miscalculation of the human life! How much profit can break it even?

The-NRI has published my article which deals with the ill-effects of the Nuke Bill and the great Indian political game behind it. The link is here. Continue reading

Politics is the mother of all denial!

Recently, two major industrial projects in Orissa have been stopped by the NFRA committee- Vedanta’s proposal to mine bauxite in the Niyamgiri Hills and POSCO’s proposal to set up a giant steel facility in Paradip. Well, it is hot news in the engineering and industrial community. While I welcome the decision whole heartedly, the question remains – Is it just standards that led to this decision by the government? Continue reading

Inflation- a global perspective

The greatest threat the UPA government faces today is inflation. Inflation of food products was hovering around 20% in December 2009, which is stuck around 16.5% in May 2010. Everyone seems to ask the same question- will this ever stop? Continue reading

Bandh- Success or Failure?

A straight loss of 13 thousand crores! Who is to pay it back? Is the bandh even close to being a success? The success or failure of the Bharat bandh called by the opposition is a political issue, but it sure is a failure for the masses. Ask the men and women who couldn’t get to a doctor in emergency due to violence outside. Ask those who couldn’t afford food for the day. Ask them how successful the bandh was for them! Continue reading

The strange case of T-series

The music company T-series has an interesting story. Once upon a time, Gulshan Kumar rose from being a mere fruit juice seller to a major music retailer. T-Series was built by stretching the legalities of copyright law in India. They took commercial songs, got it sung by several lesser known singers creating a ‘version recording’ of the song and sold them at much lesser prices. They had legal backup- the void in the copyright act, which allowed such ‘version recordings’ on the service of a notice on the rights holders and payment of a statutory compulsory licensing fee. Making hundreds of such ‘cover versions’, they often made more sales than the rights holders themselves! Continue reading