Purchasing-power-parity

Any Guesses? I hear most of you saying it is undoubtedly the financial Capital of India – Mumbai. But you are wrong, that is not the right answer. I was also quite surprised when I read it, but immediately sense prevailed…

While doing business in India may not be the easiest (this doesn’t in anyway mean that India cannot improve its business friendly policies and initiatives), but it definitely is a place to be in for the future. And as business is a game of…

Apparently it is already a reality. Bombay High court has suggested that wage hike has to take into consideration the price rises in basic commodities. HUL workers union was the first beneficiary where Bombay High Court directed the…

Here comes one more Thursday. Are you waiting for the updated Inflation figures? The inflation data that is announced on this day has more to do with the headline (WPI or Wholesale Price Index) inflation which includes basic items such as…

Finally, the placement season of ‘Top’ Indian MBA grads has begun (or, shall I say, ended the way it’s been projected that all have been placed already?). And with the placement seasons come eye-popping Salary figures as headlines in major…

That’s what the report recently released by PriceWaterhouseCoopers (PWC) has to say – This is significant finding given that Goldman Sach’s in its earlier “BRIC report” had projected India to surpass Japan only by 2032. The PWC…

Most of you must be aware that China’s per capita income (average income of an individual per year) is more than double of India – India’s is close to $3000 whereas, China’s is close to $6000 (after accounting for purchasing power…

Is there any good that tragedy brings with it? Yes, it does! Opportunity in the form of innovations. The retail sector is sure going through a paradigm shift of sorts with the marketers coming up with crazy but innovative ideas to…

Did you know that Mumbai has the lowest Cost of Living at the same time lowest wages when compared to the other 73 global Metro cities in the world? Yes, thats what the 14th UBS Price and Earnings survey concedes. In fact, Both Delhi and…

At current growth rate, India’s Purchasing Power Parity (PPP) is set to overtake Japan by 2025 to rank third only after US and China. This prediction came from none other than Governor of BoJ (Bank of Japan), Toshihiko Fukui. Incase,...