The invisible forces that drive your actions

Tony Robbins says that humans have six basic needs that sums up all the different types of motivations behind our actions. He says that these needs form the basis of every choice we make in life. The six core needs are: 1. Certainty/Comfort – the need to be safe and comfortable We all want comfort and much …

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Lucky Goldstar (LG) India

LG stands for Lucky Goldstar - the product of a merger of two South Korean commodities businesses - but over the decades with a steady stream of innovative consumer electronics and home appliances, consumers concurred with the conglomerate's backronym that Life is Good. LG Home Appliances (HA), the arm of the Korean giant, which makes …

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Textile & Apparel (T&A) industry in India

The Textile and Apparel (T&A) industry in India is a major contributor to the GDP, exports, employment and foreign exchange earnings. It contributes about 14% to the industrial production, 4% to the GDP and 17% to the country’s export earnings. It is also the second largest provider of employment after agriculture, providing direct employment to …

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The myth of GDP

In this blog we shall discuss how GDP is calculated and why GDP growth is a myth. GDP = Production * Price per unit Let us suppose a country A produces 5000 tractors per year and nothing else. Let us suppose it takes 25000 rupees to produce one tractor. GDP = 5000 * 25000 Now, …

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