I recently read an article by Vir Sanghvi, the editor of the Hindustan Times. He blames P V Narasimha Rao for many reasons. To me, knowing Rao’s government is like reading history, as I was too young to understand politics then. But still, with all due respect, I’d like to contradict Mr. Sanghvi. Continue reading
Category Archives: Economy
The vital few and the trivial many
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 of the wealth. Continue reading
Posted in Economy
Hidden competitors
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 encroach into their domain. Eventually, Sony did the same to Kodak in the domain of cameras, hence digitizing the existing technology. Continue reading
Posted in Economy, Technology
Price rise- who is responsible?
Government and media have long blamed the price rise on the drought last year, on cost push and on poor distribution. Unfortunately, this is only half truth. Drought affected our country in July 2009, prices however have been on the rise since the beginning of 2008. The problem lies in various policies of our government. Though, the unfortunate story is the same with cotton, paddy as well as pulses, I’ll take sugar to prove my point. I’ve borrowed facts heavily from Kannan Kasturi, a prominent researcher and writer from New Delhi. Continue reading
Analyzing the budget
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 stock market. Continue reading
सौरभ राय | Sourav Roy 