Saturday, March 27, 2021
Eclipse
Sunday, March 7, 2021
Life After Global COVID 19 Pandemic
There are many people who believe that Nature has a strong power to control & limit the excess damage created by we humans. Was Covid-19 was the vehicle Nature used to control our excess of everything? May be yes! But this global pandemic changed everything. From the way we walk around each other to the way we work now. Nothing is same like before. Schools and colleges are adopting the new norms of eLearning across the globe.
Who thought of working from will be so convenient and most of the people are now loving it. The industry which got affected the most is the Hospitality industry. Many people who in this industry now lost their jobs. People who work in an industry like Hospitality cannot work from home.
Internet connection got sudden demand in the remote areas of India. And people got some extra time for their friends & family (Of course, keeping in mind the social distancing!). OPEC countries or countries like Russia are somewhere suffering. Since people are not going anywhere, the demand for Petrol, Diesel is reduced now. These countries are trying to maintain their wealthy economy by increasing the prices of crude oil in the international market.
Life now will never be the same. Even after vaccine discovery. Our faith on our globalisation and so called developing economies is bursting now. After spending months in lockdown at home, we may now realise that we are not following the sustainable global growth. In fact, our growth is not even growth, but just a bubble of growth, which a non-visible virus exploded now.
May be now we will forget about Handshakes forever. Sanitation will be the new normal along with the mask and following social distancing.
Technologies like Artificial Intelligence is going to stay now. It will help us to go through this hard times and to remain safe in our homes. Self-Isolation is also going to stay here. Global out-breaks like this and the upcoming climate change crises will give us only one solution of Self-Isolation. Apps like Zoom are going to make a huge revenue.
Watching movies at home and on Netflix is going to stay but going out to watch a movie on the first day first show is hard now. Its possible with following all the social distancing regulations only. Even if our schools & colleges reopen now they have to take extra measurements and precautions to keep children safe & sound. This applies to every other industry as well like restaurants, travelling.
The way we do shopping will not be remain the same. Online shopping apps like Amazon are going to boom now.
The politics on the global level is also changed due to this pandemic apart from the blame game! The mask is a part of new fashion now! Our doctors and nurses are true saviours during this hard time.
In the end, life will not be the same after this global pandemic. Nothing is same like before now.
Friday, March 5, 2021
7 Secrets to Investing Like Warren BuffettBook by Mary Buffett and Sean Seah
Recently I finished reading the book : 7 Secrets to Investing like Warren Buffett by Mary Buffett & Sean Seah.
Financial Budget of India
It was finance minister Nirmala Sitharaman's second budget. Everyone was anticipating something good out of it. But reality turn out to be different. Sitharaman's 45-pages budget remains drenched in the chronicle.
The main surprise was when Chief Economic Advisor said that the credit rating agency did not rated well to India, despite the economic size and thereby the ability to repay debt, the fifth-largest economic system in the world. India's currency sovereign credit rating is BBB-/Baa3, which clearly shows in which direction the economy is moving.
And every Indian knows the ground reality.
What common Indian people were expecting from this budget was to help catalyse entrepreneurial ideas and turn them into wealth for the good. But what people got is completely unlike. There was the same-old-same-old politics dominant sloganeering even before and after the budget.
In terms of direct taxes for common citizens, there is only complexity of rates in GST and transplanting it on Indian people.
This budget was somewhere trapped in the policymaking of the past 20th century like Command, Control and Force.
The main focus in this 21st century policymaking should be more simple, more effective, easy to pay and easy to implement. Somewhere government tried to put load on bureaucracy.
What I personally felt is that this budget was somewhere only for the rich people in India, and not for common citizens. The best way to judge that is from the current rising prices of fuel in India.
It may be a pure coincidence! But this budget was represented by keeping in mind the upcoming elections in some states of India. They got benefit of it, but somewhere it's not fair with other states of India.
We can only hope now that, other policies during this course of the year will help India to perk up growth.



