It is part of the function of entrepreneurs to operate in an environment of ambiguity. Customer tastes are fickle, low-cost competitors emerge, sales channels alter. This uncertainty is the nature of the game of commerce. But laws establish the rules… Continue Reading →
Late on Friday night, the United States Senate with overwhelming support from Republicans passed a bill that would reduce corporate tax from the top bracket of 39 to 20 per cent. The domestic debate has ranged from whether this is… Continue Reading →
See Kolkata during Durga Puja and you will witness a spectacle: massive crowds gush in and out of pandals to view the incredible creativity and craftsmanship of envisioning and presenting the goddess in ever more avantgarde themes. What is striking… Continue Reading →
During the era of our forefathers, much that one earned was spent on food, and farming was the primary occupation. Developments in agriculture over time enabled feeding a seven-fold population living twice as long while employing a smaller share of… Continue Reading →
This week, the Government of India launched the Skill India campaign. Training youth to develop job-ready skills and inspiring citizens to entrepreneurship were identified as primary goals of the campaign. The emphasis is overdue: re-skilling ourselves regularly and developing job… Continue Reading →
The BSE Sensex has been surging, breaching all-time high levels several times over the last year and trebling since 2009. The rest of the economy – in terms of industrial production, employment and exports – do not yet reflect the… Continue Reading →
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