The Nobel Peace Prize was awarded Friday to the Grameen Bank of Bangladesh and its founder, Muhammad Yunus, for pioneering work in pulling millions of women out of poverty through small loans. Unlike most political approaches, this one is a bottoms up effort to create economic and social development. The award has couple of firsts [...]
Archive for October, 2006
Microcredit work gets Nobel Prize
Posted in Uncategorized on October 14, 2006 | Leave a Comment »
A Simple Lesson from Buffett
Posted in Uncategorized on October 7, 2006 | Leave a Comment »
(via Motley Fool Newsletter) By Seth Jayson The starting gun Imagine you’re a sprinter, looking for an edge in your race. Imagine Nike designs a miracle shoe that can shave a full second off your 400-meter time. And it’s a bargain at $150 a pair! How many races will you win next year owing to [...]
Try Autonomy Not Economy
Posted in Uncategorized on October 6, 2006 | 1 Comment »
As the debate on SEZs special economic zones goes on, something occurred to me. Having lived in Hong Kong and visited Shenzen many times, question I asked myself, do we need these Shenzens or SEZs popping up in India ? What do they really achieve ? Indian industrial houses who have financial power will hoard [...]
Bribe Payers Index : India Top, China a close Second
Posted in Uncategorized on October 5, 2006 | Leave a Comment »
(via Indian Express) We won the Gold medal this time for the worst performing country by corruption watchdog transparency international on its global bribe payers index, based on propensity of companies from the world’s 30 leading exporting countries to pay bribes abroad. Switzerland came last and China our big neighbour claimed the Silver medal.
4th quarter is here, Beware!
Posted in Uncategorized on October 3, 2006 | Leave a Comment »
Friends we are in the final quarter of 2006. The weather all over India turns pleasant in the months of November and December. Many CEOs, senior managers of Indian origin visit India then take vacation with family and head back. These visits cannot be assumed as serious business visits and beware of wasting time with [...]
This is India’s Time. Is it ?
Posted in Uncategorized on October 1, 2006 | 4 Comments »
I received an article today, “This is India’s Time”, my response to that, Is it ? India and China are quoted in every article that talks about the global economy and the future of it. Some say, the economic center of gravity is shifting from the U.S. and EU towards Asia, namely India and China. [...]
