Business & Economy

Nidhi Razdan & Sambit Patra Spat

NDTV’s CBI Raids Are the Result of Nidhi Razdan & Sambit Patra Spat!

(Please read the comments dt. 27.06.2017 and 29.06.2017 at the bottom.)   Published on 06.06.2017 Over the years, I have grown cynical esp. when it comes to the BJP. They pursue completely frivolous matters with such diligence that the matters start looking serious. The current raid on NDTV’s promoters is also the same. Yes, indeed it is the result of Nidhi Razdan & Sambit Patra spat. When I first woke…

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Goods and services tax (GST) is bad in reference AADHAAR

Goods and Services Tax (GST) Is Bad in Reference AADHAAR

(This article was first published on August 15, 2016, and has been republished today, i.e. 26.06.2017, with slight modifications) GST stands for Goods and Services Tax. The other three terms in the same realm are Value Added Tax (VAT)/Sales Tax and Service Tax. All these are indirect taxes, which are collected by the business from the end consumers and paid to the government. There are other indirect taxes like Octroi/Local…


Amazon Hegemony

Amazon Hegemony Is Indie Authors’ Death through Asphyxiation!

The Oligopolists’ Market: Amazon Hegemony Amazon is the member of the internet oligopoly comprising Apple, Google, Facebook, Microsoft and Amazon — most of the time internet is surfed on smartphones; therefore, Apple is included. Amongst these, Apple, Google and Amazon are also in the e-book publishing business. Microsoft also has a publishing wing, but it’s mainly into technology books. Of course, Amazon is the oldest player and has near monopoly…


currency demonetization in India

Currency Demonetization in India: General Comments

Comment Dt. 11.01.2017 Well…it’s more or less confirmed now that the currency demonetization in India was a well planned guinea pig experiment of the US to check the reactions of the people on being deprived of cash. The fact to be noted here is that the US has high denomination notes of 88% value of the currency in circulation, which was similar to the Indian conditions. However, of course, the…


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Budget 2016: Rs. 25,000 Cr Scam And More

The Bank Scam So, it’s done. Rs 25,000 cr has been provided in the budget for recapitalization of PSBs for taking care of the “stressed assets” of the banks. Basically, all the bad loans of the corporate will be written off with this money. Further, if the amount is found insufficient, additional amount will be allocated. This is nothing but a scam. The public funds are being siphoned off into…


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A. P. J. Abdul Kalam

#Kalam https://en.m.wikipedia.org/wiki/A._P._J._Abdul_Kalam It’s bad luck of India that one of the greatest minds of the present times couldn’t do anything worthwhile — missiles and nuclear bombs are obnoxious; rockets are waste of money; and I only hope he didn’t furtively bio-implant people. Rather, the books he wrote — which I admit I have not read any — might be what he will be remembered for ultimately. Have downloaded “Wings of…


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UB 2015

Dated 28.02.2015 There is a reason for using an acronym heading. The budget is simple and straightforward: – Big spending by the government and not much incentives to the industry with strict control on black money, so those who were looking for a low interest rates, expansionist economy regime can now sell their stocks and go to sleep for atleast an year. – And new acronyms: JAM, FAME, MUDRA, GIFT,…