Chanakya, the world’s first Management Guru

Chanakya (Kautilya) perhaps is the only personality who has been accepted and revered as a genius both by Indian and Western scholars. His ideas and principles show concurrence and validity in the present day world. As an image of greatest diplomat of the world, his foresightedness and wide knowledge coupled with politics of expediency founded the mighty Mauryan Empire. He also credited the defeat of Alexander in...

Need of Insurance in present day context

Though the word “Fear” and “love” encloses only four alphabets but have the vast difference meaning. If you are the bread winner of the family consisting of father, mother, wife and a child and don’t have significant economies, see the basic cost of life for those who depend on your income. Just for a second while your family is sleeping at night, throw yourself from the bed and stand at the...

Relation between Crude and Dollar

Crude oil Crude oil is a mixture of hydrocarbons that exists in a liquid phase in natural underground reservoirs. Oil and gas account for about 60 per cent of the total world’s primary energy consumption.  Almost all industries including agriculture are dependent on oil in one way or other. Types of Crude Oil Crude oils vary widely in appearance and viscosity from field to field. They range in colour, odour,...

Deflating Greenback ….To Encourage Diversification

The Dollar, which was the “Stellar” currency worldwide until recently, is slowly losing its crown of being “global reserve currency”, which is mainly due to the recent meltdown in its value in relation to other currencies. It is notable that Dollar is used as reserve currency since 1945. With Dollar’s 45 percent decline against Euro during the past six years and 6.4 percent decline against a basket of...

Indian Crude Basket

Crude oil, the black Gold, is of paramount importance in economies worldwide. There is hardly a nation that does not seek this indispensable natural resource. It is the major driver of the country’s economy. There are different types of Crude oil in the global market. Despite different types, India faces a large supply deficit, as domestic Oil production is unlikely to keep pace with demand. India’s rough...