Category Archives: economy

Capitalist Eloquence

Nir­malya Kumar, Pro­fes­sor of Mar­ket­ing at Lon­don Busi­ness School, and a renowed mar­ket­ing guru: “Q: Do you think the growth of retail­ers — like Reliance, etc — and the advent of big­gies like Wal-Mart could kill the small gro­cer or kirana shop in India? A: It’s very sim­ple: no com­peti­tor can kill … Con­tin­ue read­ing

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Indian diaspora’s efforts bear fruit!

With the Rupee end­ing less than 41 to the US $, the Indi­an econ­o­my has now offi­cial­ly joined the “1 Tril­lion Dol­lar Club”. No doubt that the Indi­an dias­po­ra abroad has played a major part in this phe­nom­e­nal achieve­ment for … Con­tin­ue read­ing

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Walmart, Wade Rathake, et.al.

While Wade Rathke is mobi­liz­ing an anti-Wal­­mart cam­paign in India — to “fight for the rights of the poor” and “pro­tect small busi­ness­es and com­mu­ni­ties” — a dif­fer­ent group of small busi­ness­es has a dif­fer­ent way of respond­ing to the cor­po­rate big-busi­­ness “threat”. Small chemist shops across India, who’ve enjoyed a monop­oly all these years, are gear­ing up to big phar­ma com­pa­nies oper­at­ing chemist stores with val­ue added ser­vices. They’ve hired none oth­er than E&Y and Accen­ture to “mod­ern­ize their tra­di­tion­al chemist out­lets”. Now, would any­one argue whether this … Con­tin­ue read­ing

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Rural India, but with a different perspective…

Do you think inter­na­tion­al media cov­er­age of “ris­ing India” is either adu­la­to­ry at the extreme (IT, call cen­ters, eco­nom­ic growth, blah, blah) or caus­ti­cal­ly crit­i­cal at the oth­er extreme (rur­al scene, divide between rich and poor, so many mil­lions liv­ing … Con­tin­ue read­ing

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