With HCL Technologies announcing 10,000 jobs for locals in the US and Europe, India Inc chose the WEF meet to send a strong message that Indian IT firms are creating and not stealing jobs in troubled western economies.
Archive for the ‘Economy’ Category
Indian Inc creating jobs in US, Europe
January 27th, 2012 
Ziaulla Namani 
Posted in Economy, News 
Tags: Azim, Barack Obama, Bilateral Trade Agreements, British Prime Minister, Business Source, David Cameron, Emerging Economies, Free Trade Agreement, Fta, Hcl Technologies, India Inc, Minister David, Nayar, Next Five Years, Pact, Satyam, Vice Chairman, Vineet, Wef, Western Economies 
Comments OffInflation will go downward from Dec.
November 20th, 2011 Ziaulla Namani Inflation will start declining from December and the Reserve Bank expects it to come down to 7 per cent by the end of the financial year in March, Chief Economic Adviser to finance Ministry Kaushik Basu said here today.
Posted in Economy, india Tags: Bank Of India, Crude Prices, Decline, Diesel Prices, Economic Adviser, Expectation, Few Differences, Four Months, Global Commodities Prices, Headline Inflation, Indian Consumers, Inflation Data, Inflationary Pressures, Inflationary Trends, International Scenario, Kaushik Basu, Periods, Reserve Bank of India, Subsidy, Uncertainty Comments OffEconomies at risk from natural disasters
August 11th, 2011 Ziaulla Namani Natural mayhem can create havoc not only to human lives, but also to economies. The Recent disaster in Japan vouches for this.
Recently an ‘analysis and mapping’ firm maplecroft released a report stating that emerging economies like India, China, Philippines and Indonesia face the highest economic risk from natural disasters.
Posted in Economy Tags: Different Perspective, Disaster Risk, Economic Exposure, Economic Power, Economic Risk, Emerging Economies, Extreme Risk, Floods And Drought, Global Economic Impact, High Risk, India China, Major Disaster, Mapping Firm, Natural Disaster, Natural Disasters, Natural Hazards, Recent Disaster, Report Stating That, Risk Category, Supply Chains Comments OffIndia to lead global economic growth: OECD
June 13th, 2011 Malvika As reported by the agencies, India is poised to register strong economic growth in 2011 that will offset the impact of slowdown in some developed economies, Secretary General of the Organisation for Economic Cooperation and Development (OECD) Angel Gurria said Monday.
Posted in Economy Tags: Angel Gurria, Development Oecd, Economic Cooperation, Finance Minister, Foreign Direct Investment, Gdp, Global Economic Growth, Global Economy, Global Recovery, Indian Economy, Ministry Of Finance, Oecd Countries, Oecd Member Countries, Oecd Members, Organisation For Economic Cooperation And Development, Overseas Investments, Pranab Mukherjee, Secretary General, Slowdown, Substantial Role Comments OffRural opulence is behind food inflation: Subbarao
February 27th, 2011 Ziaulla Namani Every Indian has his own take on the rising price, so do RBI Governor
D Subbarao.
PTI reports that, RBI Governor D Subbarao has said that rising
prosperity in rural India is leading to food scarcity, which is
driving up food prices.
Posted in Economy Tags: Bhubaneswar, Farm Productivity, Food Bowl, Food Prices, Food Scarcity, Foreign Direct Investment, Green Revolution, Import Food, Indian Institute Of Technology, Institute Of Technology, Opulence, Pric, Productivity Level, Pti, Rain Water, Rbi Governor, Retail Sector, Rich Diet, Side Constraints, Water Management Comments OffIndians manage money better than other nationalist
January 17th, 2011 Malvika A survey conducted ING Consumer Resourcefulness found that Indians are more astute when it comes to manage money and finance literacy.
Indians have better financial literacy levels than most others globally and rank second out of 10 leading nations in having a basic financial literacy level, a survey said found.
Posted in Economy, india Tags: Amp, Buying Life Insurance, Chief Marketing, Citizens, Finance Literacy, Financial Budget, Financial Literacy, Household Budget, Impediments, Indian Consumers, Indians, Ing, Life Insurance Products, Lifestages, Literacy Level, Literacy Levels, Poland, Resourcefulness, Retirement, Romania Comments OffWorld Bank to fund nearly $2 billion to India for various projects
January 16th, 2011 Malvika The World Bank recently said that it will offer nearly 2 billion USD to India for investing in several projects.
Robert Zoellick , World Bank Group President, on his trip to India, said “The bank is pleased to support the government’s efforts not just with finance, but by offering the development experience and technical knowledge the World Bank has gained around the world.”
World Bank loans to India jumped to $11 billion in 2010 from an annual average of $3 billion in previous years as the country showed promise as a global growth engine.
Posted in Economy Tags: Asian Peninsula, Chunck, Development Experience, Disaster Losses, Early Warning System, Floods Droughts, Global Growth, Government Revenues, Group President, Kilometer Coastline, Landslides, Livelihood Opportunities, Natural Disaster, Natural Hazards, Robert Zoellick, S 7000, Technical Knowledge, World Bank Group, World Bank Loans, Zoellick World Bank Comments OffRBI to buy securities worth Rs 12,000 crore from the government
January 4th, 2011 Malvika With reference to the Livemint report, The Reserve Bank of India (RBI)
announced that it will by securities worth Rs 12,000 crore from the
government on January, 5, 2011 as part of its decision to inject Rs
48,000 crore into the system.
Posted in Economy Tags: Apex, Apex Bank, Bank Of India, banks, Cash Balance, Crore, Crunch, Economists, Government Securities, Liquidity Support, Loan Growth, Measures, Monetary Policy, Open Market Operations, Press Release, Reserve Bank of India, Single Day, Slr, Statutory Liquidity Ratio, Tight Liquidity Comments OffRBI opines that high FII inflow may create problems
December 31st, 2010 Malvika
It is reported by the news agencies that Reserve Bank warned that sudden reversal of overseas portfolio investments that have been flooding in this year could create problems for the economy.
Posted in Economy Tags: Asset Liability Management, Asset Quality, Capital Flows, Conditions Warrant, Debt Markets, Financial Sector, Financial Stability, Global Growth, Institutional Investor, Liquidity Conditions, Management Position, Microfinance Institutions, Opines, Portfolio Flows, Portfolio Investment, Portfolio Investments, Report Also Said That, Reversals, Stability Report, Sudden Reversal Comments OffAssocham: India may face high inflation pressure in 2011
December 27th, 2010 Malvika It is reported in the Press Trust Of India that the Industry chamber Assocham today said that India in 2011 may witness continuation of high inflationary pressures, to the government that expects inflation to slow down to around 6 per cent by March next year.
Posted in Economy Tags: Assocham, Continuation, Control Strategy, Crude Oil Prices, Digit Level, Drawback, Food And Fuel, Fuel Prices, Garlic, Inflation Control, Inflation Pressure, Inflationary Pressure, Inflationary Pressures, Manufacturing Sector, Onion Garlic, Press Trust Of India, Price Inflation, RBI, Trust Of India, Wholesale Price Comments OffSEBI to save Indian corporate from slowdown
December 18th, 2010 Tushar Mathur Slowdown or meltdown brings the progress of the country at the back stage.
Securities and Exchange Board of India (SEBI) is devising plans to put a check to such economic crises.
Posted in Economy, News Tags: Asset Management Companies, Back Stage, Economic Crises, Emerging Market, Exchange Board, Finance Conference, Financial Innovation, Gandhi Institute, Indira Gandhi, Market Finance, Market India, Meltdown, Mutual Fund Industry, Regulators, Risk Capital, Securities And Exchange, Securities And Exchange Board Of India, Slowdown Slowdown, Systemic Failure, Transaction Cost Comments OffNo further tax relaxation possible for Indian corporate
November 20th, 2010 Malvika The Finance Ministry announced to an industry delegation that it should not expect a further cut of corporate, excise and service taxes in the Budget to be presented by the next finance minister.
Posted in Economy Tags: Consolidated Fund, Corporate Tax Rate, Customs Duty, Defence Production, Direct Taxes, Duty Structure, Excise Duty, Finance Minister, Finance Ministry, Finished Products, Global Downturn, Indian Economy, Indian Government, Industry Delegates, Interim Budget, Percentage Points, Raw Material, Slab, Software Technology Parks, Stimulus Comments OffTo prevent asset bubbles India should stringent its policy: OECD
November 18th, 2010 Malvika Organization for Economic Cooperation and Development (OECD), a group comprising of mostly developed nation warned that emerging economies are facing a danger of overheating. The group called for tight monetary policies in developing countries like India and China to prevent asset price bubbles.
Posted in Economy Tags: Asset Price, Chief Economist, Development Oecd, Economic Cooperation, Economic Outlook, Emerging Economies, Emerging Market Economies, Excess Demand, Inflationary Pressures, Inflow, Joshi, Monetary Policies, Monetary Stance, Oecd Countries, Oecd Organization, Organization For Economic Cooperation And Development, Outlook Report, Pause Button, Price Bubbles, World Economy Comments OffIndia, Canada favour increasing annual trade to $15 billion
September 25th, 2010 Malvika As per the reported by ANI, the Indian and Canadian prime ministers have committed to increase the annual trade between the two countries from 4.5 billion dollars to $ 15 billion in the next 5 years.
Posted in Economy Tags: Anand Sharma, Bilateral Cooperation, Bilateral Investment, Canadian Minister, Canadian Prime Ministers, Critical Sectors, Economic Partnership Agreement, Economic Ties, Energy Environment, Focussing, Foreign Investment, Information And Communication Technology, Investment Flows, Investment Promotion, Minister Of Commerce, Social Security Agreement, Study Group Report, Sustainable Growth, Union Minister, Van Loan Comments OffIndia far behind China in global competitiveness ranking
September 10th, 2010 Ziaulla Namani 
According to World Economic Forum (WEF) ranking India has slipped down by two place and is positioned at number 51 in global competitiveness.
Other the other hand China has managed to improve its ranking and is standing on 27th position.
Posted in Economy Tags: African Continent, Bottom Of The List, Budget Shortfalls, Competitive Environment, Economic Environment, Economic Stability, Education Facilities, Financial Sector, Forex Reserves, Global Competitiveness, Investment Policies, Margareta, Monopolies, Poor Health, Poor Infrastructure, Public Debt, Sector Areas, Th Position, Urban India, World Economic Forum Comments Off
