BSNL's Wrong Call: The Over-Reliance on Consultants and Its Consequences Table of Contents Introduction: The Case of BSNL and BCG The Rising Influence of Consultancies in the Public Sector Misaligned Incentives: Where Consultants Lack Accountability Erosion of Internal Capabilities in Public Enterprises The Bigger Crisis: Undermining Public Sector Legitimacy Conflicts of Interest: A Risky Game of Multiple Clients Short-Term Gains, Long-Term Losses: Diverging Objectives A Case for Building Internal Capacity: Lessons from Global Experience What Will Work Better: Investing in Internal Expertise Conclusion: Time to Rethink the Consultancy Model FAQs: Addressing Key Concerns 1. Introduction: The Case of BSNL and BCG In May 2024, Bharat Sanchar Nigam Limited (BSNL), India’s state-owned telecom giant, hired Boston Consulting Group (BCG) for a ₹132 crore revival plan. BCG proposed workforce reduction and cost-cutting measures, sparking controversy about consultancy firms’...
Markets Rally on Fed Rate-Cut Hopes: What Weak U.S. Jobs Data Really Means for Stocks, Bonds, and Your Portfolio - Dr. Sanjay kumar pawar Weak U.S. jobs data sharpened expectations the Federal Reserve will cut rates soon—sending stocks up and bond yields down. This in-depth analysis breaks down the data, explains the market mechanics, shows where opportunities and risks lie, and answers common investor questions. Sources: BLS, Federal Reserve, CME, Reuters, Bloomberg, U.S. Treasury. Table of Contents Executive Summary What Just Happened: The Data That Moved Markets Why “Bad News” Sparked a Rally: The Rate-Cut Transmission Mechanism The Bond Market’s Signal: Yields, Term Premiums, and Duration Equities Playbook: Who Benefits—And Who Doesn’t The Dollar, Credit, and Commodities: Second-Order Effects What the Fed Has Said (and Not Said) Key Charts & Data Table Risks to the Rally: Three Things That Could Upend the Narrative Actionable Takeaways FAQ Conclusion...