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How Media Plays Statistics

XKCD, the great sage of our times, has it absolutely right. (You need to carefully look at the three rows of similar looking panels below – casual ...

Liquor 40-60 % costlier in Mumbai

Thanks to Madhu Menon ( @madmanweb ), I found a TOI link on higher liquor costs in Mumbai. Talk of high spirits — beer and hard liquor will cost 40-60% more ...

At Pragati: Open Up The Rupee

Last month, I wrote for Pragati on issues with Paypal recently and why the real solution is to Open Up The Rupee: PayPal, the company that pioneered payments ...

At MV: Conversations with Manish Jain

In a free form conversation, Manish from MProfit speaks with me about: Technology and Trading in India How Distributors have started to become Advisors and, ...

Sokol is not So Cool

David Sokol, (now former) executive at Warren Buffett’s Berkshire Hathaway, recently disclosed that he bought 2,300 shares of Lubrizol on December 13, ...

Making Data Open For India

Nikhil Pahwa makes the case for Open Data In India. Earlier today, we received an email from a Government of India organization (we’ve been advised not to ...

Rupay: India's Own Payment Processor

Econonic times says that soon India will have it’s own payment processing firm (to rival Visa and Mastercard) called Rupay. After almost two years of ...

The Game Of Dice

“I challenge you to a game of dice”, said Shakuni, his various large rings glimmering as he tried to keep his glee under control. Yudishtir frowned. ...

New Companies Bill: One Woman In Every Five Directors

The new companies bill which is supposed to be passed in Parliament this session will mandate women directors on many boards. Companies having five or more ...

Rs. 150 Coins Will Be Here

Inflation is really really getting to us. The government will issue coins of Rs. 150, it seems. For the first time in the country’s minting history, ...