RBI risks falling behind curve like Fed, SBI Funds Management says

India’s central bank may have to pay a bigger price for ignoring inflation by tightening interest rates much more aggressively later, like the Federal Reserve is doing now, according to the nation’s largest asset manager. “If you don’t normalize gradually and preemptively, you may be in a situation down the…

Clarence Saunders made millions by borrowing the self-help cafeteria idea for the grocery business and naming it Piggly Wiggly. Imagination pays!

The founder of the Piggly Wiggly grocery chain was a low-level employee in a corner grocery when he visited a cafeteria and got the idea that the same techniques could be applied to the grocery business. He was ridiculed by experts, but he was convinced that the idea was a good one. Saunders persevered, and his…