India is Rising

May 6, 2006 at 12:20 am (Economy, India)

Taj Mahal For the last two weeks, I've been vigourously trying to read and re-read all India related articles on the news. I've read almost 600 articles on India's rising prowess and Bush's visit to India. In fact, it was too much of India that I forgot what all I read and where all I read. In a recent meeting of US Indians Politicial Action Committee, I heard lots of voices praising India. There were discussions on the famous nuclear deal (I must put a post on this) and India's crumbling infrastructure and redtapism fighting the zealous entrepeneurism and intellectual prowess of the youngsters. Newsweek put a cover story on India, every major newspaper described the story of India and ABC news has a great news coverage on "Ïndia rising" (video can be found here). Read the rest of this entry »

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India and China – A different Viewpoint

May 5, 2006 at 8:50 pm (Economy, India)

For the world economists, the biggest question before them is "Can India match China" and there are arguments and counter-arguments put forth for each of the sides. Both nations have lots of similarities, yet they are strikingly different. Thus, the comparison is very interesting and presents two entirely different spectrum of choices.
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Magical Salaries

May 5, 2006 at 8:40 pm (Economy, Society)

"The more we carry, while we go up, the more is the chance of we falling down. So burrow up savings as you move up."

I read the report about the salaries of IIM graduates in India with a tinge of astonishment and jealously. The salaries of $150 – 200K are a steal, for B-schools that doesnt even rank in world's top 100. The other day, my mom was saying how my neighbor who recently graduated from IIM-A is getting 3 lakhs (1 lakh = 100,000 & by current exchange rate Rs. 1 lakh = $2200) per month and I can expect no more than that even in US in a prestigious company. I'm stunned by how fast times are changing and the revolutions we face before our own eyes. Read the rest of this entry »

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