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Economy

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Unbelievable! A Government project to build a dam that cost 15% less than the budget estimate. It happened in British India in 1862 for the construction of Pooniar Annicut on the Pennar river in (1973) South Arcot District. I am not able to identify this dam in modern-day Tamil Nadu, which one is it now? PS: I found this page in one of the old Lifco Publishers Private Limited stotra (religious hymns) books.

ISR and CSR

Till some years ago, it was an accepted fact, that the purpose of a company should be to maximize shareholder value – an idea popularised by American honchos. Now, this idea is being questioned. There are many alternative views being…

Leaving the politics and the implementation gaps aside, Prime Minister Modi’s initiatives of Demonetization and Goods & Services Tax were done to bring the informal (black money as it is called in India) economy into the open. Noble intention they are, which everyone will agree, as more the money that goes through banking channels and sales paid along with due (sales) taxes, the Government has more resources to spend on its various schemes. Unfortunately, getting manufacturers,  merchants, dealers and service providers to declare all their sales and pay taxes has been a challenge for independent India (and even in British…

plant roots on soil

Science is fascinating and sometimes unbelievable too like in this case. If we think exploitation is a human trait born out of our greed, we are not alone, even fungi exhibit this behaviour! The fungus is a microorganism such as…