Tag: business
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There are no free lunches in the world!
There are absolutely no free lunches in the world! Lunch here is just a metaphor for anything which is “supposedly” being provided to you for free. And if you are being offered something for free, then you have every reason to doubt the true intention behind that. Even in charity, people have their own self-interest…
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Everyone loves a debt- but only till it’s not defaulted!
Vikram is an ambitious man. He is doing great in his small business of manufacturing shoes with an annual turnover of Rs. 20 crores and earnings of about Rs. 2 crores per annum. But, Vikram wants to grow his business and doesn’t have enough capital for that. So, he goes for taking loans from the…
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The curious case of income disparity at the bottom
It is often understood that the income level at the bottom of the demography is very miniscule, considering the per capita income of India at around Rs. 2.4 lakh. That translates to about Rs. 20,000 per month. But as Hans Rosling says in his book “Factfulness”, the gross data hides the micro picture. So, let…
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The Government and the business- the inherent anomaly!
With the inauguration of the new government, the US moved with the pace of light to establish a new government department called DOGE (Department of Government Efficiency), to fulfill long-cherished pre-poll promise. And with the world’s wealthiest businessman (a non-government and non-elected person) as its head, the DOGE is turning out to be a Frankenstein…