Real Gossips

NEW DELHI: US-based  economist   ArvindSubramanian  is poised to be named chief economic adviser to Prime Minister NarendraModi's  government, two sources at the finance ministry said on Friday.   Subramanian was assistant director in the Research Department of the International Monetary Fund. During his career at IMF, he worked on trade, development, Africa, India, and the Middle East. He served at the General Agreement on Tariffs and Trade (GATT) (1988-92) during the Uruguay round of trade negotiations and taught at Harvard University's Kennedy School of  Government  (1999-2000). He has written on growth, trade, development, institutions, aid, oil, India, Africa, the WTO, and intellectual property, according to The Economist.  According to Peterson Institute for International Economics, he has been advising the Indian government in different capacities, including as a member of the finance minister's expert group on the G-20. His book India's Turn: Underst

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1. Hiring Too Quickly As an entrepreneur, you are naturally eager to move fast and build a big business. Not only that, but you are by nature impatient, no matter how fast you’re moving. That’s partly what makes you who you are and why you don’t fit into the normal routine of a corporate job. Inevitably you make the mistake of hiring someone too quickly. Just don’t do it. Listen to your hunch. Take your time on hiring—it’s the single most important investment you will make. Do it carefully. 2. Giving Too Much Equity Too Quickly Every entrepreneur has been there: you need cash imminently, and door after door gets shut in your face. Then someone comes along who is listening, but is a vulture. You’re so starved that the vulture looks like an angel (hence, angel investor). Believe me; they can sense your starvation, and they will use it to get as much equity as they can. 3. Ignoring a Hunch I hate regret. I don’t normally regret things, but I do regret the ti

Amazing historical photos of Delhi At the Delhi Durbar of 1911, held at the Coronation Park, King George V announced the shifting of the capital from Calcutta to Delhi. That decision changed Delhi’s destiny forever and it transformed from a provincial town to India’s political powerhouse. Here are some of the pictures from the glorious past of Delhi. An aerial view of government buildings in Old Delhi, India, 1935. On the left are the north and south blocks of the Secretariat Building with the Rashtrapati Bhavan (presidential Palace An aerial view of New Delhi in India, 1930. At the top left is the Rashtrapati Bhavan (the presidential palace) and top right is the Lok Sabha, the lower house of the Parliament of India 1930: An aerial view of the Government buildings of New Delhi, India showing expanses of open space and gardens surrounding the buildings. (Photo by Central Press/Getty Images) An aerial view of Old Delhi, India, with the city wall in the for