Recent past had been a witness to the emerging fears across the globe. A hard hit recession, changing job markets, dripping economies, war like terror striking Nations, and suddenly everywhere around, there seems to be a sobre mood. Fears that are weird and varying in nature. Companies are worried how to handle the salaries, jobs, people, expectations, customers, commitments etc. Employees are tight lipped in job insecurity, inflated cost of living, rising prices, and uncertain global scenarios. Tata Motors, Ashok Leyland and many other major indigenous auto companies are showing a slow down. It reminds of the way the Standard Motors came to a standstill in 1980's.
Once glorious cities now fear turmoil beyond repair. One highly paid companies today struggle to manage their balance sheets. We are seeing top companies like Satyam going ahead with acquiring its promoters owned Real estate businesses buying debt, making people wonder what kind of business strategies these are. Infosys took this time to employees to go on salary paid community service time...bringing in new initiatives to serve the society. On the other side, the Indian Auto Industry is creating waves by creating cheap cars. Backed by the quick and rapid moves by RBI and PSU banks towards CRR and cutting down interest rates on the home loans and public borrowing, the Indian financial spectrum is all set to bring the movement necessary is the otherwise standstill consumer market.
One thing that makes everything move forward is a constant faith. Faith in the fact that things will change, and change for good. And this is the time, that we keep our faiths stronger and steadier to move forward amidst any kind of adversity. It is the time, that we all keep our faith in our possibilities, and it is also the time to uphold our faith in the power that is at work behind the veil, faith in the work that is to be done and the offered guidance
