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The Sunday Leader business pages on its 16.9.12. issue carried an article about a leading beer manufacturer substituting rice for the seemingly traditional malt in its beer manufacturing process, thereby making a Rs. 800 million foreign exchange (forex) saving. This saving is all the more important, as, ipso facto, the heavy import expenditure the company ...
A number of articles which appeared in print media in the recent past signify the volatility in the economy. High volatility leads to vulnerability. Volatility and vulnerability are reflections of the haphazard nature of the economic policies and poor economic governance in a country. What is volatility? Volatility is the severity and the frequency with ...
The first Prime Minister of independent India, Pandit Jawaharlal Nehru, wrote 75 years ago: “It would be absurd to say that the profit motive does not appeal to the average Indian, but it is nevertheless true that there is no such admiration for it in India as there is in the west. The possessor of ...