Economy

How do unemployment, inflation and economic inequality affect the lives of urban residents? How does government policy impact local economies and livelihoods of the people? Gain insights into these through community stories, reports on urban economic trends and developments as well as expert commentary.

Are you familiar with offers like ‘Shop for Rs.999 and get a gift voucher worth Rs.99'? Most of us constantly look for such announcements in supermarkets, malls and showrooms. But are they for real, i.e, do consumers really get what the vendor promisesThe moment we come to know of discounts and offers through the media, we rush to avail of them. S N Subramanya, a consumer and RTI activist, also jumped at one such offer, to his regret. The Big Bazaar (Food Bazaar) grocery outlet in Sigma Mall on Cunnigham Road regularly has special offers on Wednesdays. On 19th November…

Read more

Many of us often fight with the road-side shops for charging an extra Rs.2 for cold drinks or water. Some of us succumb to the demand after a futile argument. Still others pay without any question. But have you paid almost double for buying the same brand of bottled water from the same shop at the same time? S N Subramanya (79) was asked to pay. He happens to be an RTI and consumer activist and so pursued the matter further.On 8th January 2008, S N Subramanya went to Commercial Street to shop. There, he purchased two bottles of Kinley…

Read more

Continuing to enhance the airport's infrastructure, Bengaluru International Airport inaugurated the country's first of its kind Cargo Village. Spread over 11 acres of land area with adequate provision for future expansion, the facility, located near the cargo terminals is expected to strengthen Bangalore's position as a trade and commercial hub while ensuring faster clearances of import and export consignments from the cargo terminals at the airport. The facility, completed over a period of 10 months, has been built with an investment of Rs. 12 crore.From left to right: Marcel Hungerbüehler - COO, BIAL, Mr. Prabhu- President BCHAAI and Albert Brunner…

Read more

On the market floor, things are fresher than ever.Before we had malls, we had shopping complexes. And the one at Jayanagar 4th Block was the most popular among them. And it continues to be a great place to shop, especially if you are looking for bargains in Bengaluru.Set in the heart of the sprawling suburb of Jayanagar, the complex is the hub around which places for shopping and eating continue to evolve.Meanwhile, the complex thrives without much change. It maintains a careless concrete look which is in sharp contrast to the sterile marble and glass experience of a mall. The…

Read more

Power cuts are again the talk of the town since Bangalore Electricity Supply Company (BESCOM) declared a minimum two hour cut in all the residential areas in the city. “Is it really only two hours?” is what my colleague Gayathri S asks me. She gets a power cut of six to eight hours every day since the declaration of power cut was done by BESCOM. My colleague lives in Venkatapura, Koramangala. She complains of untimely power cut of more than six hours a day disturbing routines. When we checked, we found that she is not the only one suffering from…

Read more

Pain of plagiarism

Earlier this year, we found an article on ST bed layout copied almost completely, (with some names changed) in an edition of City Plus, Dainik Jagran's local freesheeter. The article byline was Joel Deepak. Our article written by Samuel Jacob, and published last year is here. We had been copy-pasted! We sent a stern note to the editor, Sapna Khanna. She replied with an apology saying that the freelance writer no longer worked for them, and that they would issue a correction in their next issue. We're quite aware that in media, everyone watches everyone else. It comes with the…

Read more

When it comes to buying, renting or selling property, people often take help from estate agents. But who are these real estate agents? Where to find them? The usual answer with most of us is the our typical neighbourhood ‘smart man’, who sits in his one room office with a tin sheet banner proclaiming his real estate agents profile. He will have some helpers (not always) running around on their motorbikes showing the best property available in the neighbourhood. If you do rent the place, he'll (it’s usually a ‘he’) charge you a month's rent as fee, and, if the…

Read more

Most old time Bangaloreans will vouch that shopping in the noisy, congested lanes of Chickpete and Balepete is a unique experience and more importantly, easy on the wallet. Bangalore Pete (city), built in 1537 AD during Kempegowda reign, is now a thriving wholesale market. Though most people who visit here are retailers, who buy their supplies at wholesale prices, there is also a huge retail shopping populace who regularly visit for the economical prices and the sheer range on offer.It was a long time since I went shopping in this area; so when my aunt requested me to accompany her…

Read more

Form a groupThis is the first thing to do. CSR initiatives are always rooted in small beginnings. So, look around and gather a group of people who are interested in such initiatives. Approach your HR department and higher management with your findings and suggestions. How do you find people? Well, one easy way is to organize a screening of movies related to social initiatives. There are institutions like VisualSearch, FilmsForFreedom and Vikalp, who have social consciousness related films and they would be delighted to give you the copy for screenings.First, do no harmStudy your business and its impact on people,…

Read more

Startups under the lens

Being involved in a community project in colleges through which we try to empower students to make an informed decision of whether to start their own company after they pass out of college, a thought struck my mind a couple of months ago. Students can do this only if they know the ground realities of being an entrepreneur - which is best achieved by talking to one. Part 1 of "Startup Savvy" People say a picture is worth thousand words, I thought, so why not make a documentary film on the life of entrepreneurs? A movie that will not only…

Read more