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Showing posts from March, 2009

Global Economic Slowdown and India

I have been asked this question by quite a few people "How is the situation in India and has the global economic slowdown effected our country?". It will be foolish to state that there has been no effect of the global economic slowdown on our country. Yes, it has effected us but has it effected us so greatly like it has in Russia, Singapore, Hong Kong, to an extent China and so on. The answer is clearly no. And given below are my reasons as to why I think it has not effected us as much as it has effected them. We are not really opened up our economy as much as those countries have. We have been slow to do it and have done it in small baby steps that has made sure that very good regulatory mechanisms have been put in place. So although this has not resulted in great economic progress at the same time it has also not resulted in great economic decline. As they say faster the rise faster the fall - in our case since it was slower to rise so it is slower to fall. The Indian mar

The cauldron we live in

The attacks in Pakistan on the Sri Lankan team got me thinking about the cauldron that India lies in. On the west we have Pakistan and Afghanistan - both literally ruled by the Taliban. On the South we have Sri Lanka which is fighting an intense bloddy battle with the LTTE. On the east we have Bangladesh which seems to be in anarchy. On the North we have Nepal that is struggling with Democracy and Tibet and China that can never resolve the issues between them. We are surrounded by a ring of countries in conflict mostly from within. We ourselves have a lot of internal conflict but are just about keep ourselves above it (or are we?)- Naxalism, Moral Policing, Bodo, ULFA, JKLF ... I hope the general elections that are coming up don't create a conflict that can escalate the matters further within our own country. The world economic crisis is not helping matters as it is a known paradigm that as peoples wealth depreciates conflict goes on the acendency. So its time for us to be g

Importance of a personal website

I was reading a very interesting post by Seth Godin which I am going to quote below A friend advertised on Craigslist for a housekeeper.  Three interesting resumes came to the top. She googled each person's name.  The first search turned up a MySpace page. There was a picture of the applicant, drinking beer from a funnel. Under hobbies, the first entry was, "binge drinking."  The second search turned up a personal blog (a good one, actually). The most recent entry said something like, "I am applying for some menial jobs that are below me, and I'm annoyed by it. I'll certainly quit the minute I sell a few paintings."  And the third? There were only six matches, and the sixth was from the local police department, indicating that the applicant had been arrested for shoplifting two years earlier. Three for three.  Google never forgets.  This vindicates my earlier article on why every one needs a personal website or blog. I hope this spurs o