With the world rushing to India for outsourcing, Indian companies are seeking opportunities in other low-cost countries to cut down wages.
Dilbert cartoonist Scott Adams on copyright violations
New money is pushing Bollywood into Hollywood’s league. From industrial conglomerates wanting to build entertainment empires to foreign fund managers seeking to profit from individual projects, Bollywood, as the Indian film industry is widely known, is attracting new money like never before. Rise of Bollywood Inc.
A study in the New England Journal of Medicine shows that more than a half-million people a year who have chest pain are getting unnecessary or premature angioplasty to unclog their arteries. The study says angioplasty, which uses a balloon to pry open a blocked artery and a stent to hold it open, is no better than conventional drug treatment.
Globalisation has done wonders for Britain, though not for all Britons.
In much of the world, buying and selling organs is a crime. So what does someone in need of an organ do? The demand for transplants can’t be met by altruistic organ banks, so Internet brokers are stepping in the breach. Its not a pretty picture. Richard C. Morais at Forbes makes an interesting point.
Rich Karlgaard of Forbes has collected a fascinating list of 10 laws of the modern world. The usual suspect (Moore’s Law) is at the top of the list, but there are several new and insightful ones. My favourite in that list is Ogilvy’s Law! What’s yours?
It seems life really is faster in the city — even for birds. Birds living in urban areas sing a faster tune than their slower country counterparts. The change in birdsong may help their calls to be heard over the howl of traffic and the wind.
India’s GDP growth in the July-September quarter rose to 9.2% year on year and this is encouraging, but there are signs of overheating – inflation has nearly doubled over the past 12 months; equity and housing markets look overbought; and the current account has moved sharply into deficit.
Seeking to assess the effect of third-party prayer on patient outcomes, investigators found no evidence for divine intervention. They did, however, detect a possible proof for the power of negative thinking. Patients who were prayed for and knew it experienced a higher rate of postsurgical heart arrhythmias (59 versus 52 percent of unaware subjects).
American Heart Journal Article