Gold Prices have reached all time high & in near future there is no possibility of drop in Gold Prices, It will increase further...Most of us wonder Why Gold Prices are Rising? Simplest explanation is since Inflation is High and Gold is best Hedge against Inflation therefore Gold is appreciating. Economics calculations are not that simple...Economics is web of complex calculations where each factor is linked to many other & on top of that sentiments are key driver of Economy....In this Post, i will try to explain in simplest possible way "Why Gold Prices are Rising?" despite ... Read More
5 Strategies of FMCG Companies to Cheat Customer
Indian FMCG companies love to Cheat customers (by the way they call this a strategy) and Indian Customers are happy being Cheated knowingly or unknowingly. The biggest problem in India is that we don't have strong Consumer Protection Act against FMCG sector like Western Countries. Lets find out the strategies of FMCG companies to fool the customer. 1. Packing Remains Same but Qty is Reduced: Have u ever wondered why the prices of some OTC FMCG goods are unchanged for years...I still remember, the standard packing of well known small chips packet is 10 Rs from quite long...With 8% average food ... Read More
Real Estate – A Serious Business for Income Generation
Last weekend, one of my friend invited me for Dinner and during course of informal chat, he informed me that he has aspiration to start his own business....Its not only this gentlemen but there are whole lot of executives who would like to quit their job becoz of uncertain economic environment & are seriously considering to try their luck in entrepreneurial skills. These people are looking for some great project for investment. Though its easy to say but to start own business is also very difficult task & involves very high risk. I gave a thought for a while and suggested my friend, ... Read More
Why Presidential Poll of 2012 is Do or Die for All Political Parties?
Today i switched on NDTV 24X7 at 8:55 PM & to my surprise there were no Headlines for 9 PM News Bulletin....1st time, i saw that Barkha Dutt started News without any other National Headlines as Show was totally focused on 2012 Presidential Poll. I was wondering since President of India has very limited powers and he is basically a "Nominal" Executive with "Nominal" Powers which he cannot use at his own will. He can act only on the advice of PM & his cabinet then Why so much fuss on Presidential Poll. Why all parties are playing so much politics over Presidential Poll... All News ... Read More
Education – Problem or Solution
I remembered, during early 90's if someone passed 12th exam with First Class (more than 60% marks) then parents used to distribute sweets in whole society but it is disheartening to see that recently, one of my neighbor's daughter passed CBSE 12th class exams with 90% & parents were looking so sad that as if she has failed...Reason is very simple, during 90's i think there were only handful students who scored more than 90% but today i think situation has reversed i.e. there are only handful students who scored less than 90%. Over a period of time, Education has become a commodity in ... Read More
Bank Auctions – The Cheaper & Smarter Way to Buy Your Dream House
Currently Economy is going through very Bad Phase...High EMI's, No Salary Hike & Fear of Job Loss are giving jitters to majority of Salaried Class...By the way, i am also part of this Stressed, Depressed but still well Dressed lot :) but fortunately things are still not that bad for many. Every phase is blessing in disguise for some irrespective its Good or Bad, i mean Bad phase is also beneficial or profitable for some lucky ones...Why, i will explain...In this uncertain environment, Specially Salaried class find it most difficult to serve their Home Loan EMI's, which form a major chunk ... Read More
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