Seat in the UN Security Council

In my personal opinion, there is no other country more deserving to be on the Council other than India. The present council members are China, USA, Russia, UK and France. As in the views of Prime Minister Singh the council reflects the world of 1940’s and does not do justice to the current economic and political situation.

This is true to a great extent, the formation of the UN security council was in a world recovering from two major wars, and the nations which turned out as victors made place for themselves in the council.

The current world scenario requires admittance of India into the security council namely because India stands like a pillar of strength represented by its democratic system in an unstable Asian environment.

The largest democracy on the planet, Independence through non violence, economic growth. Who deserves to be on the security council more than India? Link

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Indian Stock Rocket heading for a Crash??

Its been a rosy time for the hot shots at the stock market with the SENSEX crossing the 8000 point mark for the first time in history. The stock drive has been fueled by foreign investors blindly channeling money into India.

How ever the economist and analysts have found reason for concern and have started forecasting an economic crisis on the horizon, with surging fuel costs expected to further soar to 100$ a barrel (God forbid it) will put India confronting a severe case of Hyperinflation. The Indian authorities are slowly coming to grasp with the reality. But we are still in the self-denial mode. The increasing fuel costs will cause an unprecedented rise in cost of commodities leaving the common man in a tight spot there by reducing consumer spending and dampening over all economic growth.

The most famous case of hyperinflation occurred in Germany in the 1920's. Inflation was so out of control that it was cheaper to burn German currency for heat than it was to use it to buy firewood.

Time to start worrying?

India on a shopping spree.

Looking at the news over the past few weeks, it becomes evident that India has been shopping and I must say splurging. Majority of the purchases at the government level have been primarily for defense. India has become the largest Purchaser of arms among the developing nations of the world, taking over China and Saudi Arabia. Is all this defense expenditure justified? Are we spending a little too much too soon? Patriot missile systems, European Submarines, F-16 and Hornet fighters are we going overboard? Should we not be saving for the rainy days as well ?

2004-2005 Deming Prize Winners ;>)

The late Dr. W. E. Deming (1900 - 1993), one of the foremost experts of quality control in the United States, was invited to Japan July 1950 after the American Industrial experts disregarded his theories and teachings on quality. His work helped to revolutionize the concept of quality manufacturing in a war ravaged Japan, which has helped the Japanese become world leaders in quality manufacturing.

The Deming Prize was established by the Union of Japanese Scientists and Engineers in 1951. The award is given to organizations or individuals that have achieved excellence in quality management. Of the six companies that received the Deming Prize this year, three of which are Thai companies which belong to the Siam Cement Group and the others are their Indian counterparts. Click to see list of winners.

We are all the Same

No matter where you live, be it New Orleans, Tokyo, Mumbai or Istanbul there is one force from which no government or military can protect us. The force of Nature has always been admired and awed, a millennia of recorded history and we are still in the dark about natures force and fury. The tsunami in south east Asia, earthquakes around the world and violent storms all around, every week are signs of the ever changing climate. In a way nature is getting back at us for the harm we have been doing to the planet.

The vulnerability of people and the inefficient crisis management was exposed both in Mumbai and New Orleans. People are the same every where and the one force treats every one equally in an unequal world is Mother Nature.

Indian retail sector to open up to FDI soon

As citizens of the world's largest democracy, we Indians are trusted to choose our own government. But, until recently, we were not free to choose what we wanted to buy. With the onset of liberilization things started to change namely in IT, biotech, manufacturing, banking and other sectors.

The next in line to open up for FDI based on the signs from the center is the retail sector. Benefiting from this will be the common middleclass Indian who will now be able to purchase his groceries much cheaper and in a relaxed and convenient manner, this being made possible by the economies of scale and professional retailing practices utilized by global retailers. Numerous major global retailers are at the Indian doorstep waiting for the green signal. India would also further benefit from the additional jobs that professional cash and carry retailing would generate.

Prime Minister Dr Manmohan Singh is readying ally communist parties leaders to accept FDI in retail trade – the announcement is expected soon, major FDI is expected from the Europe. The Indian retail sector will also be a hot topic at the EU India summit this week

Personal Note : The real reason behind Indo Pak tensions ;>)

Just got back from lunch. Had been to lunch with a group of senior managers. Being representatives of different regional markets the conversation was varied and in numerous languages. The discussion ranged from China’s mineral markets, piracy in Vietnam through to the quality of Shawarmas available in Bangkok as compared to the real thing in Dubai.

It was not long before the discussion reached India……Indian Bhiriyani…..and finally India /Pakistan. One of the Managers was narrating his experience and personal view as to why the conflict exists between India and Pakistan. On his visit to Pakistan it so happened that his flight was delayed and he had to spend several hours in his hotel. He switched on the TV and was surprised to see the wide array of Indian channels available there. He was also impressed by the good looking Indian women on the various programs.

He then jokingly tells me the reason for the tension between India and Pakistan is because India has a lot of beautiful women and the Pakistanis are jealous about it. I was thoroughly amused but had to contain my self. He praised the openness of Indians and the freedom we have in India.....(which we take for granted but is soo envied by others).

So all the other political cover-up reasons for tensions aside…. Are Indian women unknowingly the real reason behind tension between Indian and Pakistan? :>)