Year: 2010
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Powering India’s rural revolution
From kerosene to rice husks: Powering India’s rural revolution is a glimpse into the now famous “Indian Jugaad”. Business is booming in rural India. Every company is drafting business plans to design products that are based on sophisticated high performance technology, yet affordable to the rural poor. Some examples here highlight the innovation at work.…
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Stubborn China and the impending currency war
An excellent column from Martin Wolf about fighting the currency wars with stubborn China. China has become the nation with largest current account surplus in the world. It amassed more than $2.5tn reserves which are growing at $300bn per year. The impact on other high income countries, notably US, who are net importers of capital is devastating. Major economies are…
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Business in India – A bumpier but freer road
A good economist article about the state of business in India. India has a long list of plus points that are driving up the GDP. Yet the shoddy infrastructure, ineffective governance and skill shortage could play spoil sport. In the long run, the article says India will be a better bet than China, something I…
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The New American Normal – NYTimes
Op-Ed Columnist – The New American Normal – A great column in NY Times about the uncertainty facing the US economy today. Clearly, there is no new direction emerging from the current economic trends. No one is sure where the unemployment is heading or whether there is a need for further stimulus or not. The…
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Lucy Kellaway – Words to describe the glory of Apple
Words to describe the glory of Apple is a comical dig at the almost unreadable business language. In this case Apple has come up with legal guidelines that are fun to read and easy to understand. We all puff up the language in presentations and reports to make it look polished and specialized. It can…