Governments need money to fix the roads; to keep airports running; to keep bridges safe; to pay the armed forces; to maintain fire departments and police departments; to maintain a clean and secure water supply and to provide a social safety net for the old, infirm or less fortunate.
Unlike any other creatures in this world, humankind is gifted with the power of thinking. The human mind is a unique creation that allows a human being to think and act. Creativity in the human mind is the reason behind all or at least most innovations occurring almost every day in various fields. Over the last 150 years, innumerable inventions and discoveries have been made by great intellectuals in different fields. In order to protect those inventions and discoveries, the world started recognizing such inventions and discoveries by conferring the ownership to the inventor by way of granting Intellectual Property Rights (IPRs) in respect of such inventions.
Given the country-wide slowdown in economic activity due to implementation of Good and Services Tax (‘GST’), the government of India is trying to assuage the sentiments of industry, customer and public at large by reducing GST rates.
Sometimes things don't work out the way you were expecting, but these stories can be very useful and instructive examples of what NOT to do. Plus, there's always a chance for a positive outcome, but you need to be willing to listen and learn, unlike my experience below.
It has been a tough few days for clay-footed public figures: movie stars; Hollywood producers; comedians and the US Republican Party’s least favorite candidate for the Alabama Senate seat vacated by Attorney General, Jeff Sessions.
Pure and simple, a brand positioning strategy is a tool of business strategy. Leaders want and need to grow their businesses.
There is a big hue and cry over pollution levels in Delhi and its surroundings. It has almost become a gas chamber – tough to breathe or navigate in. Why has the situation reached these alarming levels?