The airline business makes money only for the aircraft manufacturers, airports, food suppliers…rarely for the airline. This post is about the attitude of the employees of Jet airways, Kingfisher and Air India. On my last trip when I was at the airport waiting to get into an aircraft…and could not find a newspaper..suddenly one of […]
Look at the financial mess the Government of India is in! Thanks to some traditionally told lies, Governments all over the world have far, far more debt than what they can honestly repay. Big large countries like the US have already cheated the world by making their currencies worthless. Look at what Mamta didi wants! […]
Amazing things can be done if you lobby right. The cycle component manufacturers in Ludhiana are inefficient in their manufacturing capabilities. Add to that we must have kept everything in the ‘small scale sector’ to ‘help’ the poor guys. However these ‘poor’ guys can lobby well even if they cannot make good quality products at […]
These are 3 posts rolled into one: -What is new in the budget presented by Pranab Mukherjee – Advantages of ULIP or Why you should buy a ULIP -Advantages of smoking Sorry all the 3 headings I have nothing new to write. I heard a joke, can share. On Thursday night Pranab Mukherjee called Sachin […]
PSU companies make profits only if: – they have a monopoly – price is controlled or quantity is regulated – the market is very unfair – there is so much profit that all companies make profit. PSU banks fall in the 4th category! The government owns about 25 banks – and it has no reason […]
Well, well you have to believe what the government tells you, right? No. Wrong. You need to see what is happening around you to guess what the growth rate can/ will be. 1. I spoke to a HR consultant she told me ‘Jobs paying more than Rs. 40 lakhs have just vanished. Recently when the […]
The Sensex may have given 19% returns over 33 years, however it may not have given 19% in any particular year! This is fairly simple – the standard deviation is quite high, and good years are followed by bad years. Simple. In the year 2011 the sensex’s performance looks bad because of the poor […]