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In 1989, in the wake of the economic reforms, the Reserve Bank of India (RBI) implemented a “new approach” of inflation targeting (IT) to mitigate inflation. At the time, the government faced inflation above the 6% target; inflation in the past had been at 3-5%. It was clear that inflation had to be brought down, and the government had a choice to either increase the cost of government services and products or to make the government itself the target of the inflation. The RBI

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Disruption in Detroit Ford Silicon Valley A

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Southwest Airlines Navigating Winter Turbulence

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In 2019, Southwest Airlines was one of the leading airlines in the United States with 24.5% market share in the domestic airline market, which represents 75% of the total domestic air passenger traffic in the United States. This dominance is largely due to its low-cost strategy, which has kept cost per available seat miles (CASM) low and margins high, resulting in a substantial increase in market share. This growth is a result of Southwest Airlines being the only major U.S. Domestic airline that offers

Tale of Two Electronic Components Distributors 1997

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Teslas Uncertain Fate as the EV Race Accelerates

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