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Know your consumer

                                                       RBI has been conducting consumer confidence survey and publishes results on consumer perception  about the prevailing economic conditions in the country(Current Situation Index -CSI). RBI expects the survey to provide evidence of consumer confidence and a predictor of consumer spending. They expect economic agents that influence aggregate supply – manufacturers; retailers; investors; builders; government agencies - rely on measures of consumer confidence to make an assessment of consumption expenditure which, in turn, forms their production decisions. The indicators are expected to  also provide useful insights to wielders of monetary and fiscal policies who have to make decisions on modulating aggregate demand in the economy around the path of productive capacity in the e...
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Beyond rules beyond regulation

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Corporate governance is again in the news, for all the wrong (?) reasons, with the saga of Infosys transiting from the owner’s hands to “Board of Directors or professional management’s hands, struggling to reach cruise mode. It is now a topic for discussion everywhere, from news-papers, TV channels, social media, conference halls, restaurants and airport lounges. Everyone has her/his opinion on the subject and yours truly also believes in the right to opine on this subject. While the recent cases of Tata’s and Infosys are a matter of discussion and gossip, there are many more such cases happening around us that are not reported, discussed or even identified. But these high profile cases do bring our attention to the “very present problem” that corporate world is facing and continues its struggle in addressing them, in a manner that is satisfactory. Some research, analysis, case studies and few discussion in the TV channels is what I foresee seeing as an aftermath of any s...
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Bhakti                                                                Benares - The faith of the people here makes even a non-believer like me believe ! My friend recently updated his Facebook page with the above photo of a man praying in Benares, with the tag line, “Benares - The faith of the people here makes even a non-believer like me believe ”. This friend of mine, is a very keen observer of life around him. Mostly quite in his disposition, with good tastes but clear mind. But his tag line was quite an invitation for me to put down my thoughts on faith nay bhakti, and that is the reason for this blog. Faith can move mountains. Well, and this old man’s fait...
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