Negative Elasticity of Money

Most people are aware of Price Elasticity of Demand, even if they don’t know the term. The logic is simple, if you raise the price of your product I won’t buy your product. This is however not the case with some special kinds of products. I will classify these products whose consumption increase in case of price hike into three categories. Continue reading “Negative Elasticity of Money”

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The way ahead for Indian sports-Public Private Partnerships

There are certain factors external to the performance of sports-persons which defines the performance of a country in an international sports meet. According to the study, it is poor social mobility because of poor infrastructure that leads to poor performance at the Olympics. It cites the example of Portugal where improvement in radio communication supposedly improved Olympics performance due to increased social mobility, which allowed the exposure of rural talents to international sports. Continue reading “The way ahead for Indian sports-Public Private Partnerships”

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A BUDGET FIVER – thumbs up to Pranab da..!

Well, Well, Well….If it isn’t that time of the year again!! The Finance Minister has just presented the 2nd budget of his reign and everyone queues up for their share of the sops. It’s not quit the rain of blessings that we have come to expect from the UPA government over the last couple of budget presentations, rather a more balanced and well thought out effort on the most. Let me focus on the more positive aspects of the budget, for it is always difficult, nay impossible to please everyone all the time. Continue reading “A BUDGET FIVER – thumbs up to Pranab da..!”

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Devil to God-Can structured finance which ruined the world help the poor

Much of India is still underdeveloped and badly in need of infrastructural development to raise the standard of life of the people living there. Even after 62 years, looking at the situation of infrastructural development and government investment, it can be safely concluded that the way ahead is PPP. Here structured finance has a major role to play. The core concept here is that the government selects those regions of the country which with some investment can be most easily shifted towards an urban region. Thereafter instead of funding the entire investment, the government invites corporate bodies to invest in these projects. Continue reading “Devil to God-Can structured finance which ruined the world help the poor”

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Riding the uncertainty wave – 5 Mantras for Success

The economic slump of 2009 has seen many companies struggling for survival. While some made it, others didn’t. This article provides some insights on what caused such a difference of performance, and provides simple guideline to battle economic uncertainty, especially for the manufacturing industries.

The economic slump of 2009 has seen many companies struggling for survival. While some made it, others didn’t. This article provides some insights on what caused such a difference of performance, and provides simple guidelines to battle the economic uncertainty and financial crisis, especially for the manufacturing industries. Continue reading “Riding the uncertainty wave – 5 Mantras for Success”

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