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Did India really get the Copyright act right?
Boing Boing and Ars Technica are talking about how India got the copyright act right. Essentially, they’re comparing the bill introduced in Indian parliament to current US law on the issue of DRM. I’m going to touch upon a different aspect of the draft bill, however, one that livemint picked up. The bill seems to specify that [...]
Posted in Economics, India, Technology 1 Comment
The hidden side of Nano economics
Normally, manufacturers fret about losing potential sales due to insufficient production volumes. In microeconomic terms, a profit maximizing firm should produce until the marginal revenue (MR) becomes just equal to the marginal cost(MC). It is being reported that Tata actually loses money on every Nano at the Rs. 1 lakh price point (the price of [...]
Posted in Economics, India 4 Comments
Coming to India this summer – Disinflation
India is very likely to have a short spell of disinflation sometime during this year. Inflation in India has already more than halved in the last 6 months from a high of 12.91% to just 5.24% according to the latest figures. During June – August 2008, price levels and inflation were very high. This means [...]
Posted in Economics, India Leave a comment
Silence and the spectrum auction
The recently concluded 700MHz spectrum auction in the US has been in the news a lot lately. Everybody is talking about how Google “won” despite having lost . An interesting aspect of the process was that the bidders were forbidden from talking about the auctions until they concluded. In this post, I shall try to [...]
Posted in Economics, Technology 3 Comments
Dumber or Smrtr?
It seems like you just can’t miss Deccan Chronicle’s advertising blitz in Bangalore. In case you don’t live in Bangalore or are too much of a safe driver to look up at the hoardings, here is what the hoardings look like: If you want to imagine how your news articles are going to look, take [...]
Posted in Economics, India 4 Comments
Meter Jam