Indianomics!

Bharati Airtel’s hunt for inorganic growth this time around has come to an halt at the Kuwait based Zain group’s assests in the African continent excluding Sudan and Morocco. This move comes after facing two failed deals with African major MTN, whose deal size would have ranged from 20 to 25$ billion.

Reports suggest that Bharati is offering 10$ Billion for all of Zain’s assets except Morocco and Sudan. The valuations are out there with out any supporting evidence of the actual value and the premium justification. Bharati says that it values the Zain assets at $12 Billion which seems absurd.

The Media is seemingly playing games. I fail to understand that why are they doing this. Yesterday, the Star News show “Shaaramnak” was just more pathetic as anything worse can be.

Ofcourse there was a reason to worry but why such hysteria? India has lost many test matches and the team has failed before too. When they win, they just keep blabbering about how each individual performed but when they loose, they will poop each individual player.

Now if Sachin has hit a century and he couldn’t help turn India’s fortunes, who is to blame? Well, if you go by how the Indian Media behaves then you would be in for a surpirse. First they blamed the master blaster himself.

Why Sachin created hopes in Billions of Indians about a turn of tide and filed to finish it?

To which I would politely reply: Creating hopes is better than not even doing something.

Why can you take the sport lightly, without creating hatered. See the guy who blew the top order and appraise his performace rather than creating much fuss about the non performance. Why cant you?

Its been some years now that we are facing this linguistic divide. Tamil Nadu being the first state to give its regional language more importance than the National Language. This still consider that Tamil should have been India’s national language as against Hindi.

However atleast in the name of their language, they had not beaten anyone who reside in their state. Their obsession was only with their language being recognized than not accepting people who dont know the language.

A similar but deadly event similar to this one is what Mumbai is facing now for some 20 years. The son – of – the soil funda is just getting wee bit over. The fact that two sicons of one family are now fighting for the same people from different parties makes things complex. Its very risky to step out today knowing that Rahul Gandhi is visiting Mumbai and he is threatened by Shiv Sainiks goons. The Sainiks & MNS goons have much more control over the Mumbai than even Mumbai Police.

Lets just hope that day passes calm.

If this had happened, the petrol price would have set us back by INR 90 for a liter when the crude oil touched $150 per barrel.

In India, Petrol and Diesel prices are subsidized so that common man can affort it. But a free market will mean boom for petrol companies than for the Common man. With food prices already sky high, this would add much to the misery of a Common man. He would have more burden to share and more hours to put at his work.

Issues with the Common Man

1. Poor Salary rise in the wake of recent recession
2. Hikes ranging from 4% of CTC to just 5% of Basic salary component.
3. Saving rate down by 23% (an estimate based on my own calculations)
4. Prices of Essential commodities have increased
5. Food prices increased; sugar, toor dal etc. heavily affected
6. Job security issues
7. Limited spending – which in turn effects the overall economy.

All this is just a small snippet of what could be a much more worse scenario. Why the sudden price hike is being debated madly between the names that be, but over all scenario has put all the politicians to blame.

Its been circulated in the internet media that politicians are using this price manipulation technique to fill up their coffers and  also to ensure their votebank also stays loyal.

Well, this isnt what the Noble prize committee saying… but our own Environment Minister Mr. Jairam Ramesh’s words.

He is right when he says that our municipality do not have proper mechanism for cleaning the garbage left behind by the citizens. Now how does that explain the efficiency?

I have a slightly different opinion on this.

Its people should also contribute by following proper disposal ways. Indians have a habit of taking things for granted. We all do throw things out in open and then we claim that the municipality isn’t doing its work. Secondly, there is no one who will stand infront of the municipality and question their work.

The babus have so much become accustomed with taking bribes, that for everything, they need something. Without which, your work request will keep lagging. I have heard so many stories, which makes me not to even approach anyone.