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	<title>Bizonomics's Weblog</title>
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		<title>Inflation Inflation &#8211; its become 11.63%</title>
		<link>http://bizonomics.wordpress.com/2008/07/06/inflation-inflation-its-become-1163/</link>
		<comments>http://bizonomics.wordpress.com/2008/07/06/inflation-inflation-its-become-1163/#comments</comments>
		<pubDate>Sun, 06 Jul 2008 02:48:03 +0000</pubDate>
		<dc:creator>Chirag Jain</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[News has just ‘flown in’ that Inflation is up to 11.63 % !! With the world heading towards recession, and oil prices booming, inflation is bound to come. RBI responded last week by raising repo rate from 8% to 8.50%. The Reserve Bank also hiked the CRR (percent of deposits of banks kept with RBI) [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=bizonomics.wordpress.com&amp;blog=4113818&amp;post=4&amp;subd=bizonomics&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>News has just ‘flown in’ that Inflation is up to <span style="color:#800000;"><strong>11.63 %</strong></span> !! With the world heading towards recession, and oil prices booming, inflation is bound to come. RBI responded last week by <span style="color:#000080;">raising repo rate</span> from 8% to 8.50%. The Reserve Bank also hiked the <span style="color:#000080;">CRR </span>(percent of deposits of banks kept with RBI) to 8.75% from 8.25%.</p>
<p>Read more on the effects it&#8217;ll have <a href="http://myfinancetimes.com/2008/07/04/inflation-in-india-touches-1163-whats-ahead-in-store-for-us/">here</a>.</p>
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			<media:title type="html">Chirag</media:title>
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		<title>Behind Sam Walton: the founder of the world’s biggest company &#8211; Wal-Mart</title>
		<link>http://bizonomics.wordpress.com/2008/07/01/hello-world/</link>
		<comments>http://bizonomics.wordpress.com/2008/07/01/hello-world/#comments</comments>
		<pubDate>Tue, 01 Jul 2008 08:53:45 +0000</pubDate>
		<dc:creator>Chirag Jain</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[just read the famous autobiography of Sam Walton &#8211; ‘Made in America‘ . Here is a small book review/note that I have made for my readers. Walton takes the reader from the days when he sold newspapers and magazine subscriptions at the age of 10 to his last days when Wal-Mart was a thousand stores [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=bizonomics.wordpress.com&amp;blog=4113818&amp;post=1&amp;subd=bizonomics&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>just read the famous autobiography of <span style="color:#800000;">Sam Walton</span> &#8211; ‘<span style="color:#993300;">Made in America</span>‘ . Here is a small book review/note that I have made for my readers.</p>
<p>Walton takes the reader from the days when he sold newspapers and magazine subscriptions at the age of 10 to his last days when Wal-Mart was a thousand stores strong. He had always been <span style="color:#333399;">hard-working and economical</span>: he paid for full college fees on his own, helped on his family farm too, even waiting tables in exchange for a meal and sleeping in<a href="http://myfinancepage.files.wordpress.com/2008/06/sam_walton.jpg"><img class="alignright size-thumbnail wp-image-103" style="border:0 none;" src="http://myfinancepage.files.wordpress.com/2008/06/sam_walton.jpg?w=63&#038;h=96&#038;h=96" alt="" width="63" height="96" /></a> sleeping bags against hotel rooms. Gave up the prospects of joining post-graduate college to being a management trainee at J C Penny where he discovered his love for retailing. Subsequently he spent 3 years (1942-45) in the <span style="color:#008000;">US Army</span> before opting to start a Ben Franklin franchise in 1945. He worked day in and day out, and after learning the tricks of trade, and also his innovative methods, he set up Wal-Mart stores in <span style="color:#333399;">1962</span>.</p>
<p>Read the rest of the great post <a href="http://myfinancetimes.com">here</a></p>
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			<media:title type="html">Chirag</media:title>
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