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  1. Bushroda

    Indian Economy - News & Updates - Archive

    Finally, Some Helpful Passages on India 02/02/08 - 10:17 AM EST If you're an investor, you need to know about India. Unfortunately, before Riding the Indian Tiger came out, snappy, all-in-one primers on India's past, present and future had been hard to come by. The list of companies that...
  2. Bushroda

    Indian Economy - News & Updates - Archive

    ‘Free land in Mumbai from slums in prime areas’ Saturday , February 02, 2008 at 2251 hrs IST Mumbai has long been the hub of industrial, commercial and business activities. As the commercial capital of India, the city contr ibutes significantly by generating over 50% of the direct and...
  3. Bushroda

    Indian Economy - News & Updates - Archive

    India's popularity as preferred edu destination growing:Hopp Chennai, Feb 01 :US Consul General David Hopper today said India was growing in popularity as a preferred destination for Education among American students. Inaugurating the decennial celebrations of city-based Alpha College of...
  4. Bushroda

    Indian Economy - News & Updates - Archive

    Konkan Railway: 10 years of successful journey By Manish Desai It was mid 90s. Ratnakar Shetty ran a successful Udipi restaurant in sub-urban Mumbai. He was a busy man for most part of the year. But when his children’s school closed for summer vacations, Shetty yearned to visit his...
  5. Bushroda

    Indian Economy - News & Updates - Archive

    Exports up 16% in Dec'07; meagre 2% growth 1 Feb, 2008, 1548 hrs IST, PTI NEW DELHI: India's exports grew by a healthy 16.04% in December 2007 in dollar terms but managed a paltry improvement of 2.54% in rupee terms, impacted by a strong domestic currency against the US dollar. Exports...
  6. Bushroda

    Indian Economy - News & Updates - Archive

    India : GDP figures reveal strong performance in all sectors February 1, 2008 The latest CSO figure, raising GDP growth estimates to 9.6% during 2006-07, reflected the remarkable resilience and robustness the Indian economy has acquired over the years, said Mr Habil Khorakiwala, President...
  7. Bushroda

    Indian Economy - News & Updates - Archive

    India manufacturing solid, but PMI dips 1.2 points to 60.7 NTC Economics, UK The seasonally adjusted ABN AMRO India Purchasing Managers’ Index (PMI) for the India manufacturing sector posted 60.7 in January, edging down from December’s high of 61.9, but nonetheless remaining at a level...
  8. Bushroda

    Indian Economy - News & Updates - Archive

    RENT ON THE RISE Indian cities part of increasing property prices in Asian market BY CHRIS NELSON India may be a developing economy, yet it is home to some of the most expensive cities in the world, according to a pair of surveys issued in recent months by Employment Conditions Abroad Ltd., an...
  9. Bushroda

    Indian Economy - News & Updates - Archive

    12 Indian firms join $1bn profit club Asian Age Hyderabad, Jan. 31: Riding on a resurgent economy and a stronger rupee, ranks of billion dollar Indian companies — those which have a net profit of over $1 billion — are set to swell, if the third quarter numbers are anything to go by. A few...
  10. Bushroda

    Indian Economy - News & Updates - Archive

    Indian Asset Management Industry has Tremendous Expansion Opportunities FoxBusinessWire Thursday, Jan. 31 2008 PALO ALTO, Calif., Jan 31, 2008 (BUSINESS WIRE) -- Mutual funds have become the preferred investment option for Indian investors as improved regulations lead to better transparency...
  11. Bushroda

    Indian Economy - News & Updates - Archive

    Business Books: Weaving parallels between China and India By Tom Miles Guardian, UK Thursday January 31 2008 HONG KONG, Jan 31 (Reuters) - Whoever first thought of boiling investment decisions down to a simple trade-off between "risk and reward" should try fathoming the world's two most...
  12. Bushroda

    Indian Economy - News & Updates - Archive

    Economy to grow 9% on investment boom 1 Feb, 2008, 0305 hrs IST NEW DELHI: Buoyed by revision in growth estimates for 2006-07, finance minister P Chidambaram on Thursday exuded confidence that the country would grow close to 9% this fiscal on the back of an investment boom. The economy...
  13. Bushroda

    Indian Economy - News & Updates - Archive

    Economic growth will top 9%: Chidambaram Thursday, 31 January , 2008 New Delhi: Riding on an investment boom and swift policy action, the Indian economy will grow at 9 per cent during the current fiscal despite the global financial turbulence, Finance Minister P. Chidambaram said here...
  14. Bushroda

    Ultra-cheap car: a false dawn?

    You are so wrong here. US government provides several billion dollars in subsidy each year to both oil companies & consumers. Ever wondered how you can still buy gasoline for $2/gallon and why US public debt has accrued upto $8.5 trillion. Read the energy bill 2008 where they plan to remove...
  15. Bushroda

    Indian Economy - News & Updates - Archive

    GDP records 18-year-high growth rate of 9.6 per cent in 2006-07 31 January 2008 Mumbai: The Indian economy grew 9.6 per cent during fiscal 2006-07, up from 9.4 per cent in the previous year, the highest in 18 years, according to revised estimates released by the finance ministry. "Gross...
  16. Bushroda

    Indian Economy - News & Updates - Archive

    India to spend US$800mn on rail network expansion India Infoline News Service / Mumbai Jan 30, 2008 14:59 The investment will include plans to double the existing rail tracks in cities on critical routes, traversing Maharashtra, Karnataka, AP, Orissa, and Chhattisgarh India's railway...
  17. Bushroda

    Indian Economy - News & Updates - Archive

    Economy to expand 9.1% in FY08: NCAER Reuters January 30, 2008 New Delhi, January 30: The Indian Economy is expected to grow 9.1 percent during 2007/08, slightly slower than 9.4 percent last year, mainly due to a moderation in industrial growth, an economic think-tank said on Wednesday...
  18. Bushroda

    Ultra-cheap car: a false dawn?

    You are dismissing the economic POV here. Governments everywhere make investments in overseas bonds & fund development activities in other countries. That money comes from the taxpayer's pockets from that country. Also, one can aswell present the argument 'What right does a government have in...
  19. Bushroda

    Indian Economy - News & Updates - Archive

    Engaging India: Road to progress By Jo Johnson, South Asia bureau chief Financial Times, UK January 31 2008 01:43 Engaging India is an online column analysing the issues, trends and forces behind the business and politics shaping India and its impact on the world. Engaging India appears...
  20. Bushroda

    Ultra-cheap car: a false dawn?

    Government of India offers subsidies to almost every Heavy & SME industry. So do many other countries. Last year, West Bengal government almost gifted the land to Infosys for free to set up the development centre. Andhra Pradesh's ex-chief minister C Naidu gifted the land to ISB for free (some...
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