Tag: Economy

2020 Thoughts!

Ever since 2020 began! 
It’s been setting up new challenges every day. 
Two months into the year and we were all dealing with a pandemic that even more than six months later doesn’t seem to end. 
As the year moved ahead! We lost a legend and one of the best actors in our Hindi Film Industry. Just when we were coming out of these two shocking deaths. We were thrown a mysterious death of another actor. Which was cited as a suicide, but reports were pointing to murder, three months later we still aren’t sure whether it’s a suicide or a murder. 
While there was just a hand full of those who questioned and wanted justice to be served for the late actor as it was strongly pointing towards a murder 
But, Things started to change when we were forced to pick up a side as one of the prime suspects in the investigation was arrested for Drugs and also used PR tactic’s to defend herself exclusively with two Broadcasting channels without first being questioned by The CBI. 
Weeks later, An Actor who began the fight of justice for the late actor, who had also being vocals and her ”Nepotism” Conversation took an ugly turn for. Leaving her with no movies offers. Plans to come to Mumbai and is not only threatened for her remarks a couple of days ago for comparing the city and situation with an enemy territory but just a few hours before her arrival to The City of Dreams! Her Office is tarnished citing reasons, illegal construction work. 
Mind you all these series of events are taking place while India is at its peak on the Coronavirus. 
The economy has hit it’s lowest since we had our independence and our in the middle of a war with another neighbour of ours. 
And what hurts the most is people who are considered role models, people who are looked up by Millions and Billions not just from our country, but from around the world. 
Haven’t spoken about anything at all from the injustice or justice for a late actor whose death remains a mystery, For an actor who’s office has been attacked wrongly. 
Or for the matter of where our country is headed in terms of our economic mess, How one should be tackling the pandemic or for that matter about the tensions amongst the borders, Are they all scared to open their mouths, Are these the people we aspire to be like? 
Where is the Freedom, If our well-known celebrities themselves can’t speak about anything? 
Is this the country we want to live in? Where there isn’t any democracy any more, but just dictatorship from all sides… Where power is also being misused by the powerful and not used the way it should be used. 
Where we speak up in minutes and condemn the West, but can’t really address and speak about the issues that are taking place in your motherland. 

LOCKDOWN. DOWN UNDER HOUSE ARREST!!

Lockdown has made me realise, how much I am used to being by myself. 

And how much, I enjoy it too. 

Spending time exercising, reading books and watching movies,

Without having to unnecessary stare at my phone, when you around people as the interaction is hardly there. 

I also observed, that how we humans have lost interacting with one another when we are face to face.  Your presence is on only felt when you upload a post on social media – you normally would respond or get a response to. 

But, when you haven’t uploaded anything or don’t have anything to post – there are hardly any conversations taking place.  

Would we be able to rediscover the art of having great conversations post this lockdown? Or will we fall, into our shells now that we have become comfortable with our own company? Or will we be longing to just get out and go back to what was normal before, how we were before lockdown and don’t want to change?  

Will the simple thing that we always took for granted become more meaningful than ever or will they mean something to us? 

 Making your breakfast, Enjoying the Sunrise & Sunsets. Enjoying a home-cooked meal. 

Would the present be our future- Working from our homes, Fewer colleagues in offices? Would retail stores turn into warehouses and just a couple of them would be open as retail stores? And shopping will only be done mostly online Would Salons, only be available through Appointments rather than unnecessary waiting for your turn? Would Schools & Colleges be only online..? Or Will doctors take appointments & meet patients online and only if critically serious (Emergency or have surgery the patient will be required to go to the hospital) Will we see print medium becoming obsolete and only digital magazines, E-Books and E-Newspaper available to read. (This would involve fewer people to print, Fewer people to distribute and reduction in maintenance. Books fewer copies could be printed, Newspaper just a few of them too and magazines can totally go digital.  

Though all these will affect real estate commercial spaces – But, We would require fewer people in offices and hence so many offices wouldn’t be required. That would automatically reduce your overhead expenses and the same could be used in satisfying your employees & profits too. 

But, Most importantly we would require our I.T infrastructure to improve with better internet connectivity around and stronger Mobile communication towers. 

These changes will also affect the automobiles sector – But will keep Air pollution & congestion to a bare minimum, Which has been now with cleaner air & Clearer skies. 

Restaurants & Cafes will be both delivery services & Walk in and going out will be an occasion and be social than ever before. 

Cinema chains could create an app – where they have movies screening with the timing and if there are fewer seats sold for a particular time, that can be replaced by another movie and about *100 tickets per screening should be allowed. So if you have four screens – 250 capacity. 100 people per screening for each film. 

Or they could start with a subscription-based model like the other streaming sites only for films & Movie Festivals. 

Though this will impact the revenues of the films in some ways, anyways filmmaker sells the movie rights to streaming sites & broadcasting channels to premier it. And this way they anyway make money. 

In the future anyways Small budget movies will be released on the OTT Platform and films with cinematic appeal with them will be released at cinema theatres. 

Though with these changes there will be a rise in a lot of unemployment. But we all do have skills that would give us the digital platform to grow and make money – We all would be our own channel of content and earn money too through Monetising your channel. 

These changes will create a new market for other Jobs that you never thought could exist. And at the same time will you be freer.

The Lockdown in some ways has questioned us – Are we humans really moving ahead or are we falling back behind and becoming like the Homo sapiens, we have originated from – Humans who would go hunting, Make food and sleep and repeat and did not have any leisure, luxuries that we humans consider to be “Normal” Like the Internet, Phone and the basics to live our life. Yes, we have come this far! But, how far have we come as individuals, and as people who did not always belong on earth? But, having been ruling ever since we realised we were the who can capitalise here on the earth, Where species moved freely. Who if you have noticed have taken over the streets and the nature once again presently.

Dollar Vs rupee

$ vs rupee

 

It was today ,afternoon when I received a call regarding  a book ,which I was looking for and so I was thrilled it would be available in the next two-three day .Finally ! but what I din’t relaise  is the price of the book it turned out to be Rupees  1900 around 30$ ,and this was the time i relaised that the dollar has affect the book to cost rupee  500 more .Its  just not the book that has become expensive electronic two have became expensive the excitement for the phone coming from abroad is also killed because its became economical to buy from India .

The complete economy of the country is shaken for a matter of fact ,even  few automobiles which are imported from abroad have been costing more Directly/ indirectly  to consumer ,This has also made them reconsider there decision    to whether they really need to buy a car .This in a way has decline the sales of the automobiles .

The dollar Vs Rupee has also affected travelling a lot, the exchange rate is giving fewer dollar at  the current rate moving the budget of a holiday for family ,business .

The travelling is also affecting the tourism in the country in a huge way.

The Education for students abroad has also become expensive as the fees increase, the cost of living. This has also opened the horizon of students either doing courses in the country or applying for courses in other countries where the exchange rate is lower.

The businesses have had opportunity of earning more money through the dollar price increasing and since they pay is in dollar they do get quite benefited.

But at the same time others to facing the heat of order being cancelled, pressure with the rise in dollar .

The fuel too has been costing a lot since its payee in dollar .the dollar-rupee apperception & deprecation has affect crude oil price to rises and this has affected in increase in fuel price the petrol & diesel has been becoming more expensive, the grocery goods have become costlier and the medicine and agriculture goods have become more expensive .

The hotel & restaurants which are multi-cuisine have also been thinking of increasing their rates and imported goods like sauces are costing more.

The rupee-dollar deprivation and appreciation has increased the demands for spices to be exported to other countries

and this 

The dollar-rupee rise has also resulted in people being sacked from jobs as one of the ways of cost cutting 

The dollar-rupee has been one of the biggest topic of discussion as the economy has been shaken.

The rupee appears smaller than ever in front of the dollar this gives the exporter a loss since there goods are sold  at low rates ,with the same quality and quantity.

So its only the importer who are getting benefited with the increasing dollar in front of the rupee  

Its because of the rupee that people are holding onto it and aren’t really spending it .

the  near future seems like recession coming in soon with the cost of living increasing 

since India festive season are around the corner they are deals on  electronic ,apparel, automobile tempting consumer ,customer to spend money and if isn’t helping there are greater EMI offered for costumer.