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Economy

Tech boost for power sector

Power

Encouraging the IT sector to realise the business opportunity in the power sector, Minister of State for Power, Jairam Ramesh, said on Thursday that the Centre was planning to infuse technology into the power distribution of the country and replicate the success of IT in the power sector.

Real cost of things we buy...

I always wondered what is the real cost of things we buy. I realized, you can buy an LED torch for Rs. 25! How does it work out? Bill of materials should be less than Rs. 10 and labour another Rs. 5! Wow!! We usually push it aside saying "Chinese", as though its a complete explanation. But is the real cost of the product? I always wondered there has to be more to it - the hidden costs.

Private sector challenge

“If you need to understand the difference between STUs and private operators, you need to compare the services provided by private operators in districts like Dakshina Kannada and Udupi, and those offered by STUs in fully nationalized districts like Gulbarga and Raichur", says Rajavarma Ballal, president of the state federation of private bus operators.

City-states as viable alternatives

If Bangalore, for instance, has to become an international city, like Singapore, it must be made into a separate province. China has done it. Its cities deal directly with Beijing. And it has worked. We remember the likes of IT icon Narayana Murthy having spoken on similar lines. Such out-ofthe-box ideas sometimes help in finding viable solutions.

Learn from past mistakes and move on

The recent convulsions in the international financial markets have provoked an unseemly amount of gloating on the part of many in the developing world. What worries me, though, is the number of people in India who are saying similar things. "See, we were right in opposing all this liberalisation," one told me.

10 Lakh Employment Oppurtunites in Karanataka !

It seems there is good news for our youths in terms of employment opportunities. Karnataka government has announced measures to employ about 10 lakhs. I wish and pray that government sets a new and unique trend of living upto its promises. This news was reported in Deccan Herald today,

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Lessons from the American Melt Down

The Sunday October 5 2008 Hindu magazine carried an article by Shyam P When the bubble burst

Money Crisis, Power crisis

Power

Blame empty coffers for power outages. The crisis has arisen as power generation in hydel power stations has been low due to a weak monsoon. The main power generation centre, Raichur Thermal Power Station (RTPS), has been affected as coal suppliers have been demanding KPCL clear outstanding debts and increase pay per load.
    

Now, a Vision Group

Chief minister B S Yeddyurappa will head the Vision Group on Karnataka 2020, a panel constituted for finalizing the state’s vision document and its subsequent implementation.

Mangalore Real Estate - Looking Up

Real Estate prices in Mangalore have been increasing by leaps & bounds. An article in TOI today (15th/Oct) states that several 1-crore-plus apartment blocks are being constructed with heavy demand. This is astonishing since all Metros are facing a slump & prices have in fact dropped in certain areas, such as Whitefield in Bangalore.

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