Editorial Dec 01, 2016 Powering through the Debt Quagmire In principle, borrowing money to run and grow one´s business, makes sound business sense. Both banks and borrowers are happy in this age-old arrangement, well, most of the times. There are the odd occasions when Murphy´s Law comes into force, and whatever could go wrong, goes wrong.
Editorial Nov 01, 2016 Regulations, Reforms, Rains and Rebound Since the times we moved from being hunter-gatherers to being farmers, rains have continued to interest us. And, over all these centuries that our economies were driven by agriculture, to start with, and later by industries and services, we have consistently depended on rains to drive our agrarian sector, which in turn supports demand creation in industry and services.
Editorial Oct 01, 2016 From Fifty-Fifty, to 55-55 Fifty-fifty, to us represents a difficult, or ´can go either way´ kind of choice. The age-old dilemma between industrial development and environmental protection falls in this category.
Editorial Sep 30, 2016 Power for All Our magazine, Power Today, has completed eight years of partnership with the stakeholders in the country´s power sector. These eight years have been an exciting journey for us, rich in learning, vibrant in diversity, and rigorous in terms of analysis.
Editorial Sep 01, 2016 The Fuel that lost its Fizz For the foreseeable future, we won´t be able to do without electricity. And however much we talk about promoting renewables, for all the right reasons, we shall continue to need a substantial component of our energy to come from thermal power, due to various technical factors, not the least of which is grid stability through 24 hours, seven days a week, and 365 days a year.
Editorial Aug 01, 2016 Who cares about Frequency and Voltage This is supposed to be the story of quality of power. But how is quality of power even relevant, when 300 million people go without power? How many times have we heard a debate on quality of power? Do we even know what this term means to us, leave alone demanding quality of power from our vendors? The answers to most of these will be an emphatic ¨no¨ in all likelihood
Editorial Jul 01, 2016 In the realm of numbers In science, engineering and management education, we have internalised the principle of taking decisions based on data. Even medical practitioners have moved away from palpating, feeling, hearing our symptoms and then ôshooting in the dark´, to taking decisions based on data, as diagnostic technologies have advanced
Editorial Jun 01, 2016 The Unwitting, Involuntary Defaulters Recently, the people of our country has been sensitised to the strange phrase Wilful Defaulter. While we struggle with the full meaning of this term, we are having to come to terms with the hard fact that our banks are losing lakhs of crores due to potential loan default. Just in the last quarter (Q4, FY16) alone, our PSU banks have reported Rs 25,000 crore of losses on this account.