Posts

The Fall of the Indian Rupee

International business in India is of prime importance because it has an important role in India's economic growth. Not only does it enhance competitiveness, and expand business opportunities for domestic markets, but it also is crucial for the exports and imports between India and other countries.       Right from the time of independence, the INR and dollar exchange rate has been important. What has to be remembered is that at the time of India's independence, there were no outstanding credits on the balance sheet of India which meant that the Indian Rupee was at parity with the US Dollar. However, the Rupee was pegged to Pounds at that time and that meant 1 pound was equivalent to INR 13. After independence, the Indian Rupee continued to peg to the British pound at a rate of 1 Rupee = 1 Shilling and 6 pence. When India became a republic nation in 1950 and the constitution in 1952 the USD was equal to 4.16 INR.   However, it was in 1944 according to the Bretton Woo...

Are we shifting our diet more to a plant protein based one?

Image
  Are India’s largest FMCG players riding the next megatrend? There’s one particular thing that long-term investors keep an eye out for and that is t he next megatrend. Every asset management company has a primer explaining this concept. According to Blackrock, megatrends are powerful, transformative forces that could change the global economy, business and society.    You can easily put your money to work and reap the rewards over the next decade. It's the classic ‘buy and hold approach where it focuses on a theme and not just a stock. It's not just investors who are trying to get into the ground floor. Companies are constantly trying to see if they can diversify their business and capture megatrends. For example, some of the megatrends include rapid urbanization, a shift in global economic power, the rise of technology, digitalization, and growing interest in health or sustainable energy.    One of the biggest trends is the dietary shift toward plant-based pro...

Award Winning One Stop Short Films

Image
When Tim Burton  was asked in 2012 why he was remaking his live-action film from 30 years ago, Frankenweenie, about a boy who resurrects his pet dog, into stop motion  animation, the director said, “Because I want a better performance from the dog!”   Stop motion or animation is one of the best tools any filmmaker can make use of to covey a particular story using inanimate objects or animals.   https://www.youtube.com/watch?v=lhRM23EizwM   Written and conceptualized by  Vinnie Ann Bose as her thesis film, from her time at The National Institute of Design, ‘ What Is Your Brown Number’  is a result of the incubation initiative hosted by Indian animation mainstay Studio Eeksaurus. It points to the absurdity and the invalidity of a notion that exists in our society and some of the beliefs that exist in our society. Is fairness always a better thing and how we are conditioned to believe that a lighter complexion is a better fad?  ‘What is Your Bro...

Atomic Habits – Book Review

Image
  Atomic Habits is a book in which international author and speaker at major companies and events, James Clear had spent 6 years researching, thinking and writing about habits. This culmination resulted in the book which was released in the year 2018 and has over 7 million copies sold worldwide, has been on the New York Times bestseller list for over 1 year and has been translated into over 50 languages.   The book which is a self-improvement book illustrates that if we improve our daily habits continuously, we will surmount reaching the intended goal result we desired. This, James defines is a result of working on our habits daily. These habits are a compound interest of self-interest, and on a microscopic magnification amount to nothing, but a compound interest over the months and years their effects can accumulate to an enormous degree.   The simple foundation of this book, Clear tries to illustrate through detailed examples from real life is that good habits are the f...

Indian Startups Paving their Way During Pandemic

Image
  Some of the Indian Startups Paving their Way During Pandemic…   This has led to a tidal wave of entrepreneurial activity with many start-ups becoming a source of job growth, innovation and economic resiliency.     1)  ChefJunction – This is a website that enables users to order home-cooked food from their own home. The main target audience has been students who are away from their homes and miss home cooked meals.  It was founded in August 2020 by college mates Suryanshu Panda and Epari Pritam in Bhubaneswar.  This startup not only helps a person to order homemade meals but also provides a platform for home chefs to make a living.                2) Greenhive Essentials – This is a portal that sells eco-friendly, plastic-free alternatives for commonly used items. Some of these sustainable items include steel straws, bamboo toothbrushes, eco-friendly shopping bags and ...