Monday, June 12, 2006
Let me try my hand on India and China
In today's world if there is one thing that features on the business magazine covers every other day, is discussion about Chinese or Indian economy. Every columnist is talking about the huge economic growth already seen by these two countries. So what is really happening here? Why suddenly every other company is rushing to China or opening a tech-development centre in India?
To understand all these halla gullas, we need to start from the basics. Economics is a subject which deals with this. This subject tries to answer why, in Bangalore, we buy drum sticks Rs 10 per 2 on Monday while on Tuesday its Rs 5 per 2. And if you dig deeper, you will also know why in Kolkata, the same quality drumsticks sell at Rs 2 per 2 on Monday and at Rs 1 per 2 on Tuesday.
Unless you are somebody who has never been to a market to buy a thing or has never had a single lesson in economics, I suppose you know the story behind the fluctuations of drumstick price. Its Demand and Supply. Assuming constant demand, when supply is more in the market, price goes down and vice versa.
Now we change the topic and talk about a small island nation which is totally cut from the outside world. People of this
Monday, June 05, 2006
My office shifted to the new place last Monday. I loved the idea of my office being shifted to a place near my house in JB Nagar. Generally it took me around 45 minutes to reach my old office in Infantry Road. Last week I took, on average, 1 hour and 10 minutes or so of which 50 minutes I spent looking for an auto-ricksaw (there is no bus) to reach my office! Auto drivers refused to come even after I offered them 10 rupees extra. Our office has been shifted to such a godforsaken place!
The same thing happened yesterday. Me and M went to watch a movie. We started around 2 o'clock. The show was at 3 pm in Rex. We waited for half an hour for a bus. We couldn't even get an auto. At 2:30 we got a bus to Shivajinagar. At 3:10 we started walking towards Inox. Tickets for all the shows in Rex till Monday afternoon were sold out. Same story repeated in Inox. We were back to our house. Depressed disappointed. M was tired and I felt so helpless.
The same thing happened yesterday. Me and M went to watch a movie. We started around 2 o'clock. The show was at 3 pm in Rex. We waited for half an hour for a bus. We couldn't even get an auto. At 2:30 we got a bus to Shivajinagar. At 3:10 we started walking towards Inox. Tickets for all the shows in Rex till Monday afternoon were sold out. Same story repeated in Inox. We were back to our house. Depressed disappointed. M was tired and I felt so helpless.
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