Necessity is the mother of innovation

A small bank, which did not have the funds to pay for expensive real estate, came up with the idea of using other people’s premises: schools, petrol pumps and super-markets. Then they moved seamlessly into a growth path, starting thousands of ATMs and mobile banks. Today, they are one of the largest banks in India. More recently, many banks have introduced the concept of 24-hour direct banking with business being carried out by anonymous people at the end of a telephone. This is neutralizing the competitive advantage, which established banks enjoyed by virtue of functioning from prime sites in Mumbai.

Necessary Steps to Increase Personal Happiness

• The world is in your drawing room, it is clamouring to change your life with more and more sophisticated toys. As a popular saying goes, ‘What separates the men from the boys is just the price of their toys.’ Simplify and go home to what you really need. • The world is like a buffet counter at a five-star hotel. Let’s not grab everything on our plates. Let us be choosy, so that we may avoid spiritual indigestion and physical exhaustion. • Let us replace stress with positive emotions that engender joy. Let us increase our Happiness Quotient (HQ). • Finding a job you love is one of the ways you can immunize yourself against heart problems. • A good marriage is a protective shield against heart attacks. • Merely avoiding negative emotions is not enough; one should consistently cultivate the positive emotions of love, compassion, courage and peace.

The Ideal Householder

The ideal householder leads on earth a consecrated life, not unmindful of any duty to the living, or to the departed. His wife, the glory of his house, is modest and frugal, adores her husband, guards herself, and is the guardian of his house’s fame. His children are his choicest treasures; their babbling voices are his music; he feasts with the Gods when he eats the rice their tiny fingers have played with; and his one aim is to make them worthier than himself. Affection is the very life of his soul, of all his virtues the first and greatest. The sum and source of them all is love. His house is open to every guest, whom he welcomes with a smiling face and a pleasant word, and with whom he shares his meal, courteous in speech grateful for every kindness, just in all his dealings, master of himself in perfect self-control, strict in the performance of every assigned duty, pure, patient and forbearing with a heart free from envy, moderate in desires, speaking no evil of others, refraining from unprofitable words, dreading the touch of evil diligent in the discharge of all the duties of his position, and liberal in his benefaction, he is one whom all unite to praise.