BusinessAffairs

Straight from Heart...

2011-03-10T09:08:00.000-08:00

We become selfish in pursuit of excellence and fail to realize that we maybe ruining many things including personal moments and health of our loved ones! I wonder if i am successful if at the end i feel remorseful and yet do nothing about it! We thank everyone around us and we Thank God for his blessings! Is that enough! We can't be successful if we don't have a supporting function! It can be the team , your family, your friends - it can be anyone. Their silent support and their happiness in our success, itself is a big achievement. Yet I wonder how unselfish are people who support us in being successful. It isn't a give and take - it's just LOVE - PURE and UNSELFISH! I owe my complete success to my strongest pillar! My family!

I may not say it in many words - but i know that i am here because of you all, you are my GOD. Through out my life i have had and still have expectations from you all and you simply have nothing - no expectations from me. I may have hurt you so much in many ways, and you with your heart so big, forgive me at every step! Thanks for everything!

Who is the busy man. ???

2011-02-05T06:03:00.000-08:00

When someone says that he is ‘VERY BUSY’,.... that he has ‘no time’, I smile.
I know what it means. It simply means that the guy does not want to do what you want him to do.
Or, that the rewards aren’t good. Life is about PRIORITIZING. That’s reasonable. After all, everyone has only 24 hours. Now, say I invite you for dinner coming Monday. You say, “Hey, I am busy.” 30 minutes later Katrina Kaif(despite the fact Salman Khan would not inter fair) calls you on your mobile asking you whether you could join her for dinner coming Monday. Should I believe that you will say “No”?

So the next time you want someone to do something for you, make it WORTH his or her while in the manner that he or she thinks its WORTHWHILE.

Professionalism and Personalism

2010-07-22T10:50:00.000-07:00

Life as a game You juggling SOME 5 BALL in air work,Family,Health,FrIeNds & Sprit and You kipping all them in air.
U will soon understand work is made of RUBBER ball,if u drop it will bounce back.
But 4 family FrIeNdS health & sprite made of GLASS ball.. if u drop they will be marked nicked,damage or even SHATTERED. they w...ill never will be same..

BUGET ON CORPORATE & CAPITAL

2010-02-26T08:26:00.000-08:00

Pranab Mukherjee must be happy man, notwithstanding the walkout by the opposition from the Lok Sabha, while he was presenting his budget. Last year, Dalal Street crashed in the aftermath of Pranab babu's budget. This year the reverse happened, at least to start with. This has nothing to do with what the budget contains and what it does not. It has much to do with expectations. Last year the expectations from Pranab babu were very high. The expectations were based on the budgets presented by his predecessor P Chidambaram. These budgets were very high on visions of the future and philosophy of growth .

Pranab da delivered some positives in the budgetary pronouncements! With all the talk of the stimulus measures initiated by the finance minister mid year likely to be wound up, the market was also pleasantly surprised when the finance minister only partially rolled it back ( by raising excise duties by 2 per cent). The market that spontaneously reacts was also taken in by Pranab da's projections about the fiscal deficit which he aimed to rein in. And the Re 2.67 per litre rise in petrol/diesel prices may have forced the opposition parties to react sharply but for the market this was good news Reasons: there has been widespread speculation in the run up to the budget that oil prices would go up significantly in the budget. The announcement that new banks would be licensed and that the service tax was not raised form its present level of 10 per cent also made the market happy ( though there may be some bad news as the fine print is read and it is found that the service tax has extended to sectors like air tickets for domestic travel).

Some of the analysis will follow a pattern. If the stock market goes up, the budget may be described as successful because it didn’t “rock the boat”.

If it moves sideways, it may be said the market had already absorbed the good news — the growth figures for instance.

If it moves down — the fiscal deficit may be the reason.

If the finance minister withdraws the stimulus it may not be good (for some) because it may mean more taxes and hence less profit. Bad for the market. Bad marks for the budget?

But if the stimulus is withdrawn, more taxes mean more revenue and less fiscal deficit.

Which means less government borrowing, which means more scope for private borrowing and private investment.

Good for the market. Good marks for the budget?

It seems to me that the finance minister would overshoot his actual expenditures by the end of the year. That is if he wants to do justice to these sectors. This would be mean that his fiscal deficit projections - 5.5 per cent of GDP for 2010-11 will not come true. As far as his claim of meeting the targets of inclusive growth is concerned, much would depend on the delivery machinery. This is , as we well know, quite poor. In that sense it really does not mean anything that 37 per cent of expenditure has been allocated to the social sectors and 46 per cent will be spent in the infrastructure sector. Mukherjee says that 25 per cent of the funds allocated to the infrastructure sector will be spent to build rural infrastructure. We have seen many such grand pronouncements before. If all the money that is supposed to be spent for rural infrastructure actually upgrades the life of farmers, why do farmers still commit suicide in parts of the country

In sum, it does appear that a combination of inflationary taxation, significant revenue optimism and a modicum of window dressing have helped craft a budget that appears growth oriented, partially inclusive and fiscally prudent. We need not wait till the revised estimates come next year to conclude that this is by no means the true picture.

A letter to Pranav da

2010-02-25T09:40:00.000-08:00

Dear Pranabda, as we have observed you over the time, you are a man of all reasons and all seasons. Anxieties and expectations are brimming as you will take the crease again, on 26^th Feb.

So what is the Budget going to be, in times when the free-market economy seems to have slowed down the world’s wealth-generating apparatus — banking, finance, venture capitalism, subprime lending, outsourcing and WTO implications. Surely it will have some vintage stuff, for example the Rs 10/kg sugar, perhaps a page out of Nobel laureate Amartya Sen’s acclaimed work on the economics of famine. It also sends a human signal to this whole business of money and materialism. No complaints for recovering the revenues by doubling the toll fees for people who have cars and would want to enjoy the luxury of riding them on proper roads.

But I see that there may be concessions there too, because the recently recognized and upgraded "aam aadmi" will never be ignored. I suppose, for the less privileged, where the toll payment may eat out of their petrol buying savings, one may declare an empty tank a reasonable visible yards upstream, with the family pushing the car through the slim lane between the two window panes that collect the toll, push it beyond at least half a kilometer, and then put on the self and zoom again. The logic is you don’t pay if you do not have enough petrol to drive through the turnpike.

Rising inflation is giving most Indian households sleepless nights. To make matters worse, it is food inflation that is leading the consumer price indices up and hitting the common man where it hurts the most. Last year’s drought has put pressure on the supply of food & is causing an increase in prices. While the government is trying to fight the crisis by importing food & other commodities, prices have so far refused to head down. The government has also held meetings with several state governments asking them to crack down on hoarder out to make a quick buck.

Is there anything else you feel the government could do to bring down prices? What can be done to fundamentally fix Indian agriculture and indeed the economy to make sure that inflation does not reach such levels again the future?

Union Budgets have generally been a mixed affair for the salaried. Employees waiting primarily for any news on upward revision of tax slabs and greater avenues for tax free investments. However, in many budgets the salaried go away with the feeling that what the government gave with one hand, it took away with the other.

So, what are your expectations from this year’s Budget? Do you think that having hit the hardest from the economic meltdown, the salaried class will get its due this time round, or will it again be the usual affair? Or is there something else on your mind? Also, what else does the FM need to do for the salaried class to bring it on equal footing with businessmen and professionals?

Pranabda, I am sure, in the national interest we shall be paying for the extra "crab" logo on cigarette packs, that good old wine will attract further premium, giving the republic a comprehensive "stress test", rather than going phase by phase. The dangerous "tharra" (country liquor) will not be touched, keeping the "aam aadmi" in mind.