Economy | Faking News

IIM student has started believing his salary quoted by media

In a serious development raising concerns of his well being, an IIM student has started believing that he would actually be getting the same amount of cash in hand as has been reported by media for being his annual salary. The 24-year-old student from one of the top IIMs (campus withheld to protect identity) bagged a job offer of 1.92 crore rupees as per media reports.

March 10, 2010 | Filed under Economy | Read More »

Opposition walks out over one thing they could understand in Union Budget

The opposition parties walked out of the parliament as soon as they could make sense of one sentence of the budgetary speech by the finance minister Pranab Mukherjee, which hinted at rise in prices of petrol and diesel. But the government is hopeful that the negative impact of this price-rise would be negated by the lower prices of solar rickshaws, which will help deal with the food crisis.

February 26, 2010 | Filed under Economy | Read More »

Nations agree to cut down on global fart for a better tomorrow

With just about four days to go before Copenhagen summit on climate change begins, a major breakthrough has been achieved with the top nations of the world agreeing in principle to cut down on global fart for a healthier and cleaner world. A joint-statement at the end of the summit on 18th December will detail out the steps that ought to be taken for this purpose.

December 3, 2009 | Filed under Economy | Read More »

RBI scraps one rupee coin in exchange for Cadbury’s Éclair

The Reserve Bank of India has announced scrapping the production of the One-Rupee coins and replacing it with Cadbury’s Éclair toffees instead. Speaking a day after announcing the GDP figures of the 2nd quarter of 2009, RBI Governor D Subbarao stated that he had been mulling this change since quite a few years; however the global recession had provided the perfect time to initiate this change.

December 1, 2009 | Filed under Economy | Read More »

MBA turned entrepreneur gives up, fires himself, seeks bailout

Just a few days before Diwali, when the country was hoping to celebrate economic recovery, comes the shocking news of complete financial disaster of Vijay Girpade, a first generation entrepreneur, who lost everything as he tried to build a multimillion dollar enterprise. Vijay has finally given up on his entrepreneurial pursuits, sold off his office space and furniture, fired all his employees including himself, and now is seeking a government bailout.

October 13, 2009 | Filed under Economy | Read More »

IIMs finally give up, concede that IIPM is beyond them

IIMs have accepted for once and for all that one needed to dare think beyond the IIMs to get into IIPM. This lays down an end to the controversy that started a few years back after some bloggers disputed IIPM’s claims in its advertisements, which has the famous tagline “dare to think beyond the IIMs”. IIMs will come out with full page print advertisements in the coming days accepting that IIPM was beyond the IIMs.

September 22, 2009 | Filed under Economy | Read More »