Grasping the oil price, inflation linkage

Nupur Pavan Bang and Arindam Mahato

“Are the economic principles of demand and supply still valid?” asked a friend. We are at a loss for words for we are staunch supporter of economics. He continues, “I am scared to buy a car, for fear of oil prices touching the roof. Obviously the demand-supply position of oil has not changed drastically in the past one year, but the oil prices have more than doubled in one year and about quadrupled in the past five years.

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Water harvesting

M. J. Prabu

Year 1999: The villagers of Kothapally in Andhra Pradesh were becoming worried. The monsoon as usual has played truant. With fast depleting water tables and acute water shortage, many of the farmers were losing sleep.
“I have decided to lease out my lands and go to Hyderabad to seek some job. My brother-in-law has promised to help me,” says Srinivasa Reddy a farmer who has four acres and a family of four to feed.

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Currency futures are here

Nupur Pavan Bang and Zohra Zabeen

Ravini is in a gloomy mood. As usual, she feels let down by the management education system of which she is a part — as a student, that is. She has absolutely no clue about the recently launched currency futures on the NSE (National Stock Exchange). In the last few days, she was haunted by currency derivatives even in her sleep.

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