OnePlus plays a prank on Amazon’s India Country Manager

Comments

Post a Comment

Popular posts from this blog

Booming Coaching Industry in India

Coaching Institutes today have become a means of earning fast money. In fact in today’s era it is the most booming business. When the entire world seemed to be under the doom of   recession, coaching was the only flourishing business. According to media resources, the turnover of Bansal Classes, ’The king of all coaching institutes for IIT-JEE’ rose from 18 crores to a whopping 60 crores. Not only does the institute increase the capacity of seats each year but also hikes its fees. And yes ,parents are ready to pay any amount just to see their children amongst the best in the country!     When I was in the first grade, coachings were meant for children who were slow at learning and being a topper they certainly weren’t my cup of tea. As I grew coaching to me meant a way of making new friends and having a good time. I still remember the day I forced my parents that I will stop studying if they don’t send me for tutions, after all I too want to have a good time! But I...
Read more

Privatization of Public Sector

Privatization of public sector implies buying of the government owned units by private companies for increasing profits. In simpler terms it means 'disinvestment'. It normally occurs when the government is unable to make profit out of a particular unit under it's control, or the unit is incurring heavy losses or if it is unable to provide the bare minimum services to the people. All this causes the government to sell the unit to a private firm as it is unable to handle the unit efficiently and is incurring heavy losses. The question then arises 'Is privatization actually beneficial in long terms?' 'Should there be a limit to disinvestment?' To find the answers to our above queries let us develop a further insight in the issue. The best example we have of privatization today is the Telecom sector. Gone are the days when we had just the BSNL or the MTNL landlines phones at our homes. Today we get to choose from a variety of telecom players be it AIRTEL,RELIAN...
Read more

DEVELOPING COUNTRIES NEED TRADE ,NOT AID

There has been a continuing discussion about the impact of economic, and especially financial, aid on the development of underdeveloped countries. (I do not have in mind humanitarian help in catastrophic situations but aid as an economic phenomenon). India being a developing country is a perfect example of a nation that needs trade and not financial aid for it's development. There is usually a huge gap between the foreign aid rhetoric and foreign aid reality. It is in the interest of the foreign aid community (which is a specific rent-seeking group) to make the gap as wide as possible. Its form and structure is not very good either, because it is based on the interests of the donors, not on the needs of those who are supposed to receive and use it. The interests of the donors, concealed in their missionary moral progressivist rhetoric, are very “earthly”. As a result, much of foreign aid is wasted. And, finally, we should know that the aid is never free. It is, in many cases, very ...
Read more