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Impact of twin balance sheet problem - not modest by any mean

Thought for the day "Everything's got a moral, if only you can find it." — Lewis Carroll (English, 1832-1898) Word for the day Deleterious (adj) Harmful; injurious, e.g., deleterious influences. Malice towards none It's Time for Rajni Sir to come into action. Take over reigns of Tamil Nadu to save the State and her people from unscrupulous politicians and wannabe politicians. First random thought this morning In this Post Truth world, I find there are four type of people: (a)   Those who have opinion on everything happening, or not happening, around. Few care. (b)   Those who do not have opinion on anything happening, or not happening, around. Few care. (b)   Those who people expect to have opinion on everything happening, or not happening, around, but they refuse to oblige. Many disappointed. (c)    Those who people expect to have opinion on everything...

"Need" is not always "demand"

Thought for the day "But I don't want to go among mad people,' said Alice. 'Oh, you can't help that,' said the cat. 'We're all mad here." — Lewis Carroll (English, 1832-1898) Word for the day Bonzer (adj) Remarkable; wonderful. Malice towards none How many of those who are challenging Sasikala's claim to Tamil Nadu CM post, on the grounds of competence and probity, did actually speak against appointment of Rabdi Devi as CM of Bihar? First random thought this morning I may be alone in this; and I may be wrong in this. But somehow I am getting this feeling that the government strongly believes that all BJP leaders, including those who have joined the party from other parties, have been absolutely clean in their economic, social and personal conduct. While, we have seen cases and inquiries on grounds of economic, social and personal impropriety on many opposition leaders, BJP l...

Slums, Rapes, sense of non-belonging

Thought for the day "When I use a word,' Humpty Dumpty said in rather a scornful tone, 'it means just what I choose it to mean - neither more nor less." — Lewis Carroll (English, 1832-1898) Word for the day Juggernaut (n) Any large, overpowering, destructive force or object, as war, a giant battleship, or a powerful football team. Malice towards none Trump = 1 USA = 1   First random thought this morning All market participants seem concerned about the outcome of ongoing elections to the five state assemblies. No one is explaining me the specific economic (and hence market) implications of these elections. There is little empirical evidence of any assembly elections having impacted the incumbent government at the centre, or having influenced the subsequent general elections. BJP lost badly in Delhi and Bihar, post general elections in 2014. So what's the deal? Slums, Rapes...

Whats good for China, need necessarily not be good for us too

Thought for the day "I can't go back to yesterday - because I was a different person then." — Lewis Carroll (English, 1832-1898) Word for the day Ataraxia (n) A state of freedom from emotional disturbance and anxiety; tranquility Malice towards none Dear Rahul Gandhi Ji, I agree with your criticism of government for failing to deliver adequately on job creation front. Will you please suggest two specific steps that the government should take to create adequate number of jobs for our youth. Best Regards First random thought this morning A few weeks ago, I said "these days opposition parties should be very careful in what they ask from PM Modi. He may actually grant their wishes". First PM was attacked for not focusing enough on Black Money. He obliged by abolishing 86% of currency in circulation. Then people said, why is he silent on anonymous donations to political parties...

Prelude to Budget FY18

(All information in this post reproduced from the Economic Survey 2016-17) Thought for the day "Which form of proverb do you prefer Better late than never, or Better never than late?" —Lewis Carroll (English, 1832-1898) Word for the day Equivoque (n) An equivocal term; An ambiguous expression. A play on words; pun. Malice towards none When you get a warning about a potential disaster and you prepare earnestly to face it; such calamities usually do not occur. Most tragedies come unannounced. Govt realizing many new things that we knew all the while The economic Survey for the current year 2016-17 first time uses Big Data to analyze the flow of goods (by analyzing transaction level data provided by using GST Network) and flow of people using the reservation date provided by Indian Railways. It also uses a new methodology to analyze the Census data. It's truly heartening to note that we c...