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  1. Bushroda

    Indian Economy - News & Updates - Archive

    The Nasscom-McKinsey Report 2005 stated that Indian IT export would garner $60 bln by 2010. There is absolutely no reason why IT exports cannot grow by 22% in dollar terms although the cash earnings have taken a beating due to rise in rupee value but that would have no effect on dollar...
  2. Bushroda

    Indian Economy - News & Updates - Archive

    India's new status symbol: a nation hits the bottle As India's economy grows, the middle class is hunting for the latest ways to flaunt its affluence. Andrew Buncombe reports from Delhi on the growing popularity of the grape in a nation more famous for its tea A guest sips wine at the...
  3. Bushroda

    Indian Economy - News & Updates - Archive

    Indian IT services sector strengthens By Joe Leahy in Mumbai Financial Times, UK February 12 2008 India's computer services sector defied growing cost pressures at home and a slower US economy to increase full-year revenues by an estimated 33 per cent, the industry's representative body...
  4. Bushroda

    Oil exploration, coal mining and power generation project: foreign group to invest $2

    I just read it carefully & it reads as initial investment of $200 bln. This sounds dicey:what:
  5. Bushroda

    Oil exploration, coal mining and power generation project: foreign group to invest $2

    Maybe its $200 bln but it could be over a long period of time.
  6. Bushroda

    Indian Economy - News & Updates - Archive

    Indo-UK bilateral trade may reach $60 bn by 2020 11 Feb, 2008, 2001 hrs IST, PTI KOLKATA: The bilateral trade between India and UK might reach a staggering figure of $60 billion by 2020, British High Commissioner in India Sir Richard Stagg said on Monday. "There has been considerable...
  7. Bushroda

    Indian Economy - News & Updates - Archive

    Could the India growth train be slowing? By Heather Timmons International Herald Tribune February 11, 2008 Anil Ambani at a ceremony Monday for the listing of Reliance Power shares on the Bombay Stock Exchange. The stock tumbled in its debut. NEW DELHI: Could the fast-moving India...
  8. Bushroda

    Indian Economy - News & Updates - Archive

    Indian software industry forecast to grow 33 percent; Europe to offset any US slowdown The Age, Australia February 11, 2008 - 11:16PM India's software service and outsourcing industries are likely to grow 33 percent in fiscal year 2008, with new business in Europe to offset any slowdown in...
  9. Bushroda

    Indian Economy - News & Updates - Archive

    Mahindra Appalachian diesel pickup arrives in US next year, diesel hybrid version by 2010 by John Neff Posted Feb 11th 2008 7:02AM Indian automaker Mahindra & Mahindra Ltd. will shake up the U.S. truck market next year when it introduces a new midsize pickup called the Appalachian...
  10. Bushroda

    Indian Economy - News & Updates - Archive

    India's Reliance Power sinks on debut By Joe Leahy in Mumbai Financial Times, UK 11/2/2008 11:00 London Time India's Reliance Power, which staged the country's biggest initial public offering last month, fell as much as 21 per cent on its trading debut on Monday, on weakness in the...
  11. Bushroda

    Indian Economy - News & Updates - Archive

    Indian Cities Compete Oxford Analytica FORBES, NY 02.06.08, 6:00 AM ET IBM announced that it has launched an outsourcing center in Noida. The location is one of several smaller cities that are increasingly attracting the business process outsourcing sector as it comes under pressure...
  12. Bushroda

    Indian Economy - News & Updates - Archive

    Software and services export to cross $40bn: NASSCOM UNI Monday, February 11, 2008 MUMBAI: The melting US economy and the appreciating rupee is in no way stopping the growth of the Indian IT industry poised to a 33 per cent growth in fiscal 2008 and bang on target to emerge a 75 billion...
  13. Bushroda

    Indian Economy - News & Updates - Archive

    Mad Mumbai money Big bank from Toronto makes a pit stop at Abbotsford's University College of the Fraser Valley before making the giant leap overseas Joanne Lee-Young, Vancouver Sun, Canada Published: Monday, February 11, 2008 Canada's largest bank has landed in India, bucking a...
  14. Bushroda

    Pakistan Economy - News & Updates - Archive

    This $100/barrel oil is now actually beginning to bite the developing countries. Hopefully US recession should pull down the cost to some bit.
  15. Bushroda

    Indian Economy - News & Updates - Archive

    Integrate rural economy with the national one: Sunil Mittal 11 Feb, 2008, 0343 hrs IST,Sunil Mittal, Through the past four years, India’s Gross Domestic Product (GDP) has grown at a phenomenal rate of 8.6%. The momentum has continued through the current fiscal as well. The challenge...
  16. Bushroda

    Indian Economy - News & Updates - Archive

    For India's 'Brand Freaks,' Gucci Trumps Gandhi "I'll spend my whole salary for a really swank brand" and eat rice cakes the rest of the month, says Anuga Shah, 26, shopping in a boutique. By Emily Wax Washington Post Foreign Service Monday, February 11, 2008 AHMADABAD, India...
  17. Bushroda

    Indian Economy - News & Updates - Archive

    Rethinking the India Back Office Some Western Firms Weigh Selling Their Units as Costs Rise, Dollar Weakens By JACKIE RANGE Wall Street Journal, US February 11, 2008 NEW DELHI -- Many of India's back-office businesses -- the industry that propelled this nation onto the front lines of...
  18. Bushroda

    Indian Economy - News & Updates - Archive

    Indian Computer-Services Exports May Increase 28% By Harichandan Arakali Feb. 11 (Bloomberg) -- India's computer-services exports may gain 28 percent this fiscal year as companies including International Business Machines Corp. manage networks and call centers for clients such as Citigroup...
  19. Bushroda

    Indian Economy - News & Updates - Archive

    2 top managers see top returns from India By Christopher Condon Seattle Times, United States Federated Kaufmann Fund's Lawrence Auriana and Hans Utsch, whose bets on the fastest-growing U.S. companies made them top-ranked managers over the past two decades, say India is the future. They...
  20. Bushroda

    Bullet train for Lahore, Rawalpindi approved

    High Speed Rails(HSRs) have their own benefits but they don't usually make profits. The benefits are in the form of increased connectivity. As I read the distance between Lahore & Rawalpindi is nearly 300Kms.As on today, It would be impossible to travel on daily basis between the two cities for...
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