While the rest of the world is shuddering at the debt pile mounting up on its balance sheets India is the elephant in the room as one of the few regions to have had a “good crisis.”
While the rest of the world is shuddering at the debt pile mounting up on its balance sheets India is the elephant in the room as one of the few regions to have had a "good crisis." "When Pranab Mukherjee, the finance minister, presented his budget last week he noted that a year ago, India confronted a double challenge: the global crisis, and a poor monsoon. Now, ‘I can say with confidence that we have weathered these crises well.’ As the Indian government’s Economic Survey put it: ‘A variety of stimulus packages were put in place in the second half of 2008-09, in the Interim Budget 2009-2010 and, again, three months later, in the main Budget 2009-2010. By the second quarter the economy showed signs of turning; and now, close to the end of the year, India seems to be rapidly returning to the buoyant years preceding 2008.’ In the 2008-09 financial year, India’s gross domestic product expanded by 6.7 per cent. This year it is forecast to grow by 7.2 per cent. If the Indian economy has succeeded in surviving this test with so little damage, even cautious analysts must be more optimistic about the future."
Understanding thinking talents in yourself and others can build strong teams and help avoid burnout.
- Learn to collaborate within a team and identify "thinking talent" surpluses – and shortages.
- Angie McArthur teaches intelligent collaboration for Big Think Edge.
- Subscribe to Big Think Edge before we launch on March 30 to get 20% off monthly and annual memberships.
Rediscovering the principles of self-actualisation might be just the tonic that the modern world is crying out for.
Abraham Maslow was the 20th-century American psychologist best-known for explaining motivation through his hierarchy of needs, which he represented in a pyramid. At the base, our physiological needs include food, water, warmth and rest.
Using a new process, a mini-brain develops retinal cells.
- Mini-brains, or "neural organoids," are at the cutting edge of medical research.
- This is the first one that's started developing eyes.
- Stem cells are key to the growing of organoids of various body parts.
Does believing in true love make people act like jerks?
- Ghosting, or cutting off all contact suddenly with a romantic partner, is not nice.
- Growth-oriented people (who think relationships are made, not born) do not appreciate it.
- Destiny-oriented people (who believe in soulmates) are more likely to be okay with ghosting.
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