Lessons From 22 Year Old Shoes

Lessons From 22 Year Old Shoes

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Do you still have a pair of shoes that are 22 years old? I do.

They still fit, but that isn’t why I keep them. I haven’t worn them for more than two decades. They are beat up and have no traction, which is kind of important for a basketball shoe. I keep them, despite pleas from everyone to throw them out, because of the lesson they taught me and that I never want to forget.

Back in the early…

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Oil Economics

wealthymattersSo how will falling crude oil prices benefit India? The slide in crude oil prices to four-year lows is a huge positive for India as the country depends on imports for more than three fourths of its consumption. It is expected to help improve pivotal macroeconomic indicators such as current account and fiscal deficit besides giving a fillip to energy firms, tyre makers and consumer companies.

Indi…

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Facing Down The Odds

Facing Down The Odds

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There is little Kushal Pal Singh hasn’t seen. He built the city of Gurgaon out of nothingness. He also saw it begin to crumble under its own weight.

He almost sold DLF for Rs 26 lakh, but later also saw the value of his shareholding in it climb to Rs1,87,920 crore. Now, it’s declined to just Rs14,701 crore.

In 2007, he was celebrated for bringing India’s biggest IPO.Seven years later, he stands…

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3 Things Gates Learnt From Buffett

3 Things Gates Learnt From Buffett

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Few people in the US are more successful than Bill Gates. But that doesn’t mean the billionaire knows everything. There are still important business lessons to be learned by America’s richest man -and who better to learn them from than Gates’ friend and fellow billionaire Warren Buffett? Earlier this year Gates traveled to Omaha for Berkshire Hathaway’s annual shareholders meeting. He outlined…

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Boosting The Economy

Elections act as steroids administered to the economy. If you are interested in just how big a dose, just take a look at the figures here:Link

Boosting The Economy

Elections act as steroids administered to the economy. If you are interested in just how big a dose, just take a look at the figures here:Link

Sinister Gold Import Theory

Sinister Gold Import Theory

As Arvind Subramanian takes over as the Chief Economic Advisor, here’s an essay he co-authored last year:

Sinister Gold Import Theory

Gold has been all over the news in India lately because high and rising imports of the shiny stuff led directly to a deterioration of the current account, which in turn exacerbated the rupee’s vulnerability over the past few months. (more…)

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Social Media Assets

wealthymattersDespite Hrithik Roshan’s new release Bang Bang proving a super hit, consumer goods firm Emami, which signed Roshan for HE men’s deodorants this summer, is looking for a new face for social media.Hrithik has a huge mass connect on traditional media. But with different audience logging on to social media, Emami may rope in a new face only for social media.

With social media emerging as one of the…

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Create Value

'If you honestly look to create value for customers, they will connect to you and trust you.

Create Value

'If you honestly look to create value for customers, they will connect to you and trust you.

The One Address Proof Norm

The One Address Proof Norm

wealthymattersThe RBI has now issued clear instructions to banks regarding the requirement of one proof of address whether permanent or current to open a bank account.

So if any banker still insists on submission of a proof of address for the current address even when you produce a proof of permanent address, you know that you can put him on the mat. Just escalate your complaint.

Now opening an account in a…

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