Invoke all your powers of imagination and fancy a phase in your life when you will have to make do without your regulation rice and pulses. Most of us may not be particularly fond of such bland and Spartan fare when it comes to food

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Bimal Nandi is a worried man nowadays . If Tatas leave Bengal , he will face direct consequences . And not only him ; but thousands of people like him . Who are these people ? They aren’t big economists or ministers in Bengal government or intellectuals . They are common people and small traders of Singur

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Constantly debating on the best system or framework for the progress of world economy, economists world over remain confined to the mainstream view of a market driven capitalistic structure.
Marx seems to have failed after the two socialist giants adopting the free market capitalistic regime. Gandhi and Schumacher never

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Energy in its various forms has been the prime ally of all our daily activities and processes. The human dependence on energy has risen over decades and this trend has made us slaves to our own innovations which fail to perform the moment the source of energy or in other

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International mergers and acquisitions have become something of a fashion statement among Indian companies these days, as they change their character from local to global

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Business Process Outsourcing (BPO) is India’s hottest career option that is flooding the Indian job market with substantially paid jobs for the Indian youth. BPO is the process by which foreign companies hire national youth

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The land acquisition issue in Singur refuses to get resolved and obviously, the biggest losers are the farmers. Unable to live on the land which is rightfully theirs (ignore the entire jargon of all land being the government’s), resentment levels are clearly high.

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Our country has maintained a startling growth rate over the past few years, yet the state of 72% of the nation’s population, which resides in villages, has shown no signs of improvement. India is in the midst of the worst agrarian crisis in four decades

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The advertising industry has undergone a significant change in the past four decades. In 1960s, the focus was on establishing a place in the market for the product, by highlighting its unique attributes through an advertising proposal. Later, with the globalization of markets, advertising management and sales promotion developed to include value added strategies, to engage the customer constantly by making the act of purchase an enjoyable and satisfying experience.

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To put it simply, Six Sigma is a means to improve business. It is a measure of quality that strives for near perfection. It is a disciplined, data driven approach and methodology for eliminating defects (driving towards six standard deviations between the mean and the nearest specification limit) in any process — from manufacturing to transactional and from product to service. The Six Sigma describes quantitatively how a process is performing.

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The aged population of India (above 60 years) was 84.7 million i.e. 7.5 per cent of the total population in 2005. It is expected to rise to 141 million by the year 2020 and further to 194 million by the year 2030. Old age group is one of the lowest income groups of the country. Hence they require additional attention from the government and the society.

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Can India compete with China in all spheres of development? Will India ever be able to surpass China?

These questions are raised ever so frequently in our developing economies, when we set goals and debate out their achieve-ability. Looking at the mere facts and figures it might seem impossible, but tables might just turn in our favour.

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Talks of India being one of the fastest growing economies have been doing rounds of the economic circuits for long. Despite positive indicators, India still hasn’t managed to touch the 10% growth rate. India’s economy expanded at a yearly rate of 8.8% in the first quarter. With the global economy as a whole moving slowly towards recession, maintaining a reasonable growth is difficult.

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India is among the ten fastest growing economies in the world, having a high GDP growth rate. But this gives us no reason to celebrate when we take poverty into consideration. Even though one can see the middle class having gained from India’s high GDP, we still have to grapple with substantial poverty. The Planning Commission has estimated that 27.5% of the population was living below the poverty line in 2004–2005.

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The global food prices have risen recently. The food price index was 10.5 per cent p.a. in 2006, and it rose to 15.2 per cent p.a. in 2008. There was an increase of 40.8 per cent in the first four months of 2008. According to The Food and Agriculture Organization, 37 countries are facing food crisis and among them - 31 are in Asia and Africa.

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A very old adage says “Once bitten, twice shy”. Yet, we as global citizens and people of the 21st century fail to understand a simple fact; oil is going to be exhausted. It creates pollution and is no longer a viable source of fuel for humanity as a whole.

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Walking into those big Walmart and Sam’s Club stores in Los Angeles, I used to wonder when similar shops would open here in India. That was back in 2005. In 3 years from then, that is now, in 2008, India seems to have been bitten by that same retail bug!

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The automobile industry has been undergoing constant innovation be it in the area of safety, comfort, style, elegance, or luxury. Thanks to the right blend of small and big players flooding it, this massive industry has witnessed some applaudable technological advancements, surprising cost reductions coupled with an astonishing price inflation.. Whether you are an average bread earner, or the ‘fat’ man distributing it, there is a plethora of choices for all in the flourishing consumer market.

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Indian tourism has suddenly become a booming sector. During 2007, an estimated 4.4 million tourists visited the country, registering a growth of 14 per cent. With this robust trend in tourism, the hotel industry has also witnessed a rise in the growth and over the last decade and half, there has been a mad rush to India for business opportunities, elevating room rates and occupancy. The Hotel Industry in India is second only to China in Asia Pacific.

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Sports Management in India is an emerging field, and a lot of professionals are associating themselves with it. Earlier, sports personalities were not seen as ‘stars’, but in today’s times, players like MS Dhoni and Yuvraj Singh, make fortunes off the field. In such a scenario, where sports is not merely about scoring runs, or winning tournaments, sports management has become increasingly important.

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A few months ago, not many of the intellectual minds hailing from diverse sections of society had been as interested in the Sensex and its intricacies as they are now. The (obvious) reason is the persistent and drastic rise in the inflation rates with a peak record this year, touching an all time high. The recession, immediately followed by inflation in the global economy, resulted in higher rates for almost every sector.

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Annual inflation, measured in the WPI (Wholesale Price Index), jumped to a 13-year high of 11.05 per cent in the week ending 7 June 2008 from 8.75 per cent in the preceding week. Inflation has been rising rapidly since January 2008 and the weekly rise in inflation in the week ending on 7 June 2008 was the highest in the current calendar year.

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An SEZ, or a Special Economic Zone, is like a foreign territory within a country. An SEZ is governed by a special set of rules to facilitate foreign direct investment for export-oriented production. These are often referred to as “modern, hassle-free economic zones”

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Few months ago, not many intellectuals hailing from different sections of the society had been so interested in the Sensex and its intricacies as they are today. And, there are no points for guessing the reason behind this massive change of interest; the persistent and the drastic rise in inflation rates.

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The current rate of inflation in the country stands at a little over 11%, highest in the last 40 years. Everyday in the last few weeks the growing rate of inflation has been in the headlines. The government and the Prime Minister has been receiving flak from all quarters.

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