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Archive for the ‘Indian Economy’ Category

Forbes magazine just released its list of billionaires for 2008. Everyone is surprised by the news that Bill Gates is no longer the richest man: it is now Warren Buffett. Bill Gates has dropped to number three. Should we feel sorry for him? But what surprised me it that they are the only two Americans on top ten. Whereas there are four Indians on the top ten list:

  • Lakshmi Mittal (ranks forth with $45)
  • Mukesh Ambani (ranks fifth with $43 B)
  • Anil Ambani (ranks sixth with $42 B)
  • K.P. Singh (ranks eighth with $30 B)

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“Why you spend so much money on hay?” I once asked Ramu uncle.

He was busy feeding the cows in his backyard. His overworked body was scarred but strong. He had no time for a pesky boy. I asked again.

He tuned to me with visible annoyance in his eyes, “What is that to you?”

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