Thoughts and Reports
-
External Trade and a Country’s Strength
The greater the size, population and resource base of a country, the lower the necessity for external trade as a share of its economy. Large nations can often produce a wider range of goods and services domestically, rely on vast internal markets, and withstand global disruptions more easily. Their economic resilience comes from self-sufficiency as… Continue reading
-
Mutu Fund Industry (Growth Potential )
India’s mutual fund industry should not be judged by comparing its current size with mature economies in isolation.Even today, India’s mutual fund assets are only about 20% of GDP, compared with roughly 57% in Japan and well over 130% in the United States. This is not merely a sign of weakness. It also reflects the… Continue reading
-
Paradox of Prosperity
When living is easier, rents are lower, new avenues of employment have opened up, black markets have largely disappeared, commuting has become easier, and even finding domestic help is difficult because workers have better opportunities, one would expect society to be happier.Yet, the number of people eager to complain seems to have increased.Perhaps this is… Continue reading
-
Iran-U.S.: What may be in store
The military imbalance between the United States and Iran is enormous. In a conventional conflict, Iran is unlikely to match U.S. military power.What remains uncertain is the political outcome.Possible scenarios: • The U.S. may seek to weaken Iran now rather than face a militarily stronger Iran in the future, especially if concerns over its missile… Continue reading
-
IT and AI to Remain Wedded
Many believe AI will make IT companies less relevant. I see it differently.Over the last 70 years, the global software industry has likely invested on the order of one trillion engineering hours in building today’s digital world. Yet most software remains a work in progress—requiring better security, reliability, usability, scalability, AI integration, and continuous modernization.It… Continue reading
-
India Lacked in Defence
India accumulated immense wealth over centuries, much of it in gold. That prosperity attracted repeated invasions and plunder. History also shows that wealth alone cannot guarantee security. Nations must continually invest in defence, military technology, well-trained armed forces, and political unity.At different times, Indian rulers who failed to keep pace with advances such as gunpowder… Continue reading
-
AI for Better Laws
AI for Better Laws, Not LawmakingOne of the most valuable uses of AI in governance is not to make laws, but to improve them.Over decades, legal systems accumulate overlapping, contradictory, obsolete, and redundant laws. AI can systematically review the entire legal framework, identify such anomalies, and recommend areas for simplification and consolidation—something that would take… Continue reading
-
For Posterity : A Snapshot of Contemporary History
In every democracy, criticism of the government is both legitimate and necessary. Yet, for history to judge fairly, criticism must be distinguished from political rhetoric, and evidence from allegation.Over the past decade, the Government led by Prime Minister Narendra Modi has attracted sustained criticism from domestic opponents, sections of the international media, NGOs, think tanks,… Continue reading
-
Inflation: the Decry vs the Facts
Moderate inflation has increasingly become a political slogan rather than an economic discussion.Inflation does not affect everyone equally. Those who own productive assets that appreciate with inflation generally preserve or enhance their wealth, while those holding mainly cash or low-yield assets lose purchasing power.In the medium term, incomes usually catch up with inflation in most… Continue reading
-
Disappearing Companies and Growth
The disappearance of companies is not necessarily a sign of economic weakness. In a competitive economy, inefficient businesses give way to more efficient, innovative, and productive enterprises. This process of creative destruction is often what drives long-term progress.If, over a period of 32 years, the total number of companies has remained broadly unchanged, it is… Continue reading
Panch Tattva Wisdom 