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26. July 2009 by amal.
In continuation with my recent blog about WPI as incorrect measure of Inflation, it seems Indian government is moving in right direction. There are definite steps being taken to reconsider Inflation measure in India. As per Mr. Pronab Sen (Chief Statistician - Central Statistical Organisation), new measures will be introduced around Q3, 2010 timeframe. Not only that, there will be four sub-indices i.e. national, urban, rural, state to define Inflation measure at appropriate levels.
This will definitely bring sanity and purpose to Inflation as appropriate measure, which is currently grossly disconnected with WPI as measure. Good to know I know one topic in Economic well, at least thought process is aligned in right direction. Time to move forward and wait for Aug, 2010.
Source: Inflation news @ www.tradingIdeas.in
Posted in India, Economy, Management | Print | No Comments »
10. April 2009 by amal.
I was quite excited almost a month back, once Inflation rate @ India touched almost at 0.0 levels. This is in saving anticipation due to regular household & groceries expenses. To my dismay, I found costing of most of the stuff @ market is inversely proportional to Inflation rate. Is it something to do with our inflation measure which is based on WPI? I find it very ridiculous when Inflation is at zero level and commodity prices at market are still going north-side.
I feel CPI should is very appropriate measure of Inflation. There are two reasons to support that logic:
Hopefully someday I will understand the economics. With current trend, I love to say “I hate economists theory’; rather always fail to understand
Posted in Economy, Management | Print | 1 Comment »
25. February 2009 by amal.
Wipro Infotech launched 20k laptop range. HP is offering Home theatre with its laptop. Time for price-war. Check this news article. Not bad, if this impacts sale positively.
Posted in IT, Economy, Management | Print | No Comments »