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Salaries in Indian IT growing too fast, says Pramod Haque

Jun 25, 2011

Salaries in Indian IT growing too fast, says Pramod Haque

Pramod Haque, one of the world's best known venture capitalists, says Indian IT companies are seeing too much wage inflation and need to improve productivity and automation. He also predicts a hug pick-up in mergers & acquisitions over the next five years in India #Business/Finance #Private equity #Wage Price Spiral #Pramod Haque #ExecutiveSuite
Rising food prices push 10mn more Indians below poverty line

Jun 13, 2011

Rising food prices push 10mn more Indians below poverty line

The World Bank estimates that many more people have been pushed below the poverty line due to the sharp rise in food prices in India. #ThatsJustWrong #Numbers #NREGA #Wage Price Spiral #World food price crisis
Indian economy is caught in the classic wage-price spiral

May 31, 2011

Indian economy is caught in the classic wage-price spiral

The government is planning to raise food support prices, and rural and urban wages are rising. This means as wages and prices chase one another, the only alternative is to slow down the economy drastically. #Inflation #ToWhatEffect #Wage Price Spiral #minimum support price #farmer