Are Econometric and Finance the Root Cause of Economic Problems?

With every passing day the differences between the econometric and finance is becoming less evident and it is not only in forms of the convergence of the both but also in forms of the nature, usability and importance that these two branches of study of getting these days. If we look holistically; econometric and finance are auxiliary activities and tools in the hands of the decision makers respectively in the field of economics and management and are supposed to provide support to the real economy in true senses.
But in last few decades every thing has changed and econometric and finance have turned out to be the most important aspect of economic and business policy in this highly competitive environment where a number of people are putting efforts acquire the same resources. Today both the economic and business policy is evolving around these two and are resulting in increase in the risk (look are the increasing frequency of economic and financial crises). It seems that the increasing dependence on these two and excess use of numbers in the planning is becoming a problem in itself. So can we say that econometric and finance are the root cause of all the economic problems that the today’s world is facing

Inflation Declines in India

India since long has been facing tough times on the front of inflation but after the change of guard in New Delhi, inflation in Indian economy is on fall. The retail inflation was at 7.73 per cent in August and in Sept it had been declined to 6.46 per cent and vegetable inflation to 8.59 per cent. The overall food inflation that is measured by CPI had declined to 7.67 per cent in comparison to 9.35 per cent in the previous month and 11.75 per cent in September 2013.

This is good news for India as whole but for a common person even this level of inflation seems to be very high as she has to undergo a period of very high inflation for more than three years where prices of most food products has either doubled or tripled in some cases. But RBI is not expected to decrease interest rates even if the inflation in the economy is below its target of 8 per cent as RBI seems to be not very confident about the low inflation situations in economy. So it will continue an era of high rate of interest for longer period than expected.

राजदीप सरदेसाई को लगे चाँटे का महत्त्व

राजदीप सरदेसाई को जिस किसी व्यक्ति ने थप्पड़ मारा वह अनुचित है और उसके लिए उसे कानूनी के अनुसार दण्ड मिलना ही चाहिए। बस इस घटना का इतना ही महत्त्व है इतनी सी बात ही काफी है। इससे अधिक ना तो अलोचना या फिर भर्त्सना करने की आवश्यकता है और ना ही किसी विधवा विलाप की (जो कुछ विद्वान एवं शान्तिप्रिय लोग कर रहे हैं) क्योंकि इस आदमी को आज अमेरीका नहीं बल्कि जेल में होना चाहिए था पर ये पत्रकारी भगवान हैं अतः ये जो करते हैं वो वेद ज्ञान है, जी नहीं माफी चाहता हँ, कोई दूसरे तरह का दैवीय ज्ञान है (क्योंकि राजदीप जी को वेद और हिन्दू लुच्चे लफंगे और दंगाई लगते हैं)।