Hidden Inflation

Inflation has hit us like a hurricane. Erudite economists are talking about its macro and micro effects and uttering other technical mumbo jumbo. I would like to add another dimension to this. The poor availability of coins (for small change) is acting as hidden inflation which is not taken into account in any analysis. Suppose the price of a product is one rupee. The rate of inflation is 10%....

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  • Leadership that Resonates

    This is a useful book for those who want to ‘become’. It has a powerful message that is embedded, literally and metaphorically, in the vibrant phrase, Resonant Leader. Resonance, in the physics of sound, is the principle of string and percussion musical instruments and acoustics management. Resonance can create and release enormous energy
    when a number of chords or instruments ‘resonate’...

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  • IPOs & Merchant Bankers

    Where do investors stand in an IPO?

    “…regulator’s inspection showed that the details of the promoters as mentioned in the IPO document were different from the ones filed with the Reserve Bank of India.”

    “…the merchant banker had not even verified the plant and machinery of the companies, the issues of which they had managed…”

    “… (in) one IPO, the regulator found out that the post-issue...

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