The Indian budget every year has always been an eagerly awaited event. For many decades, the best minds in economics, finance, tax, business and industry throng the media house to analyze the provisions shared by the Financial Minister.
Sometimes major events completely disconnected may be data points for the plans of the different powers around the world. The challenge is to discern what purpose they serve? More critically, what are we moving towards?
When the US Ambassador threatened India's "Strategic Autonomy" policy over India's friendship with Russia - much more than meets the eye was at stake. Let us unpack how the Ukraine war has fundamentally changed the US and the world. And why are we here anyway?
As Indian masses come online, Warren Buffett, the master of traditional businesses, is betting big on Indian consumers. Ironically.
He wants to sell insurance online. Currently, Berkshire India sells motor, travel and health insurance products online at BerkshireInsurance.com. Now it wants to market life insurance as a corporate agent of Bajaj Allianz Life Insurance. It started with just 8 employees and in 2011 and is already up to 100 employees in India. Life insurance has been shown to be highly important for people to have, just in case something happens and they need to protect their remaining family, from life insurance in India to life insurance canada it can be set up anywhere for the policyholder’s peace of mind.
Headquartered in Gurgaon, the company uses the internet as the sales mode in India. And it is now betting big on the online modes in India – as the use of smartphones rises in the country.
“…Over half of India’s total Internet user base will access the Internet solely through mobile or tablet devices by 2015. Since our direct model of business employs telephone and Internet, we are positioned to enjoy a great advantage,” BerkshireInsurance.com CEO Arun Balakrishnan said.
“We are confident of our business model and are continually developing it to make it even more efficient and cost-effective,” he said.
It is interesting that someone like Warren Buffett is seeing something that the Indian companies aren’t – ie; rise of social media and smartphones to sell business products.
The Indian budget every year has always been an eagerly awaited event. For many decades, the best minds in economics, finance, tax, business and industry throng the media house to analyze the provisions shared by the Financial Minister.
Sometimes major events completely disconnected may be data points for the plans of the different powers around the world. The challenge is to discern what purpose they serve? More critically, what are we moving towards?
When the US Ambassador threatened India's "Strategic Autonomy" policy over India's friendship with Russia - much more than meets the eye was at stake. Let us unpack how the Ukraine war has fundamentally changed the US and the world. And why are we here anyway?
This visit of India left me with many questions. Many observations and inputs from different people and sections. Food for thought that I have tried to contemplate on and make sense of. Sharing all that with you.
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