Shopping

But what’s interesting is that by 2015, India would have over 550 million people under the age of 20, making it a vast playground for kids and teen retailers. No wonder, in India the Walt Disney Company has decided to launch its range of toys, clothing etc designed around the popular Disney show “Power Rangers” in collaboration with Shopper’s Stop, Archies, Funskool etc. The wonder of it all is that those are not just the foreign brands and chains, but Indian retail chains too, which are gearing up for a huge expansion plan. No one wants to miss the opportunity of growth that India is offering now.

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Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

BITTER CHOCOLATE

COROLLARIES OF AN EXTRAORDINARILY EXPLOSIVE RELATIONSHIP!

As the twin towers came hurtling down like a stack of cards on 9/11, so did the lives of those caught in the crosshairs of that fateful day, as has been chronicled ad infnitum. The affected meander through life with eyes wide open and minds firmly shut, distraught with the turn of events. And in what can only be termed a volte-face on conventional coverage of the horrific happenings, Ken Kalfus makes one peruse the ponderings of twisted souls deriving a perverse sense of pleasure from this titanic tragedy, in A Disorder Peculiar to the Country. Heaven hath no rage like love to hatred turned, nor hell a fury like a woman scorned.

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

Skyhigh Petrol Prices

Be it Los Angeles or London, New Delhi or Sydney, dinner conversations inevitably turn into a lament about skyhigh petrol prices. Ascending numbers at the gas pump have become a horrifying fixture in the economic thinking of consumers worldwide except the lucky chaps in oil producing nations, where a full tank can still be had for small change. Unfortunately, this does not apply to the two leading economic locomotives in Asia – China and India. Both nations are almost fully dependent on oil imports to keep the cars honking and the industry humming. Projects to broaden the use of alternative fuels have not ascended above the line of marginality yet. Not that nobody was trying hard. Biofuel production is becoming a priority fast.

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

__, BORROW, STEAL

BANNING CHILD LABOUR QUESTIONED

In the sweltering heat in a hot summer afternoon in Delhi at a traffic signal junction, people instantly look for cover the moment they come out into the open. For the calculated moments that those bright spots of lights make caravans wait, some feet spring to life. In their hands they carry books and periodicals celebrating the bold and the beautiful. Displaying them in the best possible manner, people waiting for the green light are implored to dig into their pockets. Combining suitably the elements of begging and marketing, these market beggars with their sun-baked and charred faces seemingly do not feel the heat. Ironically, the periodicals that they carry might have a columnist spewing venom at the government’s ignorance to child labour issues.

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

Space Exploration

In such a scenario, private participation into space exploration has been welcomed by onlookers globally. Another cutting philosophy supporting withdrawal of governments from investing in space travel, is that the money could be better spent on social development; more so as the oft touted claim – that other planets would provide access to huge amounts of resources which will benefit humanity – has never seen the light of space! And while critics portray the future foray as a repeat of colonial expeditions of the 15th & 16th century, the democratisation of space is not possible without reducing the cost of launches, which would necessarily come through private participation.

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006