Despite high inflation and interest rates, number of Indians wanting to buy expensive products within the same category, called trading up in retail parlance, is among the highest in the world, says a new study.
Flying ash from Iceland's erupting volcano has forced Prime Minister Manmohan Singh's special aircraft to change its planned route and now he will return to home via Johannesburg in South Africa.
One-year full-time executive Post Graduate Programme in Management.
has been discussed at the highest level when the Prime Minister met Chinese President in Hanoi in October last.
The meet will focus on the recent global economic developments, challenges and collective measures to address them
Electricity consumption in India, currently at some 600 Tera Watt hour (TWh) annually, is set to double by next decade, surpassing the Russian levels in the process.
Jayalalithaa termed the ruling DMK in Tamil Nadu as a corrupt party, pointing out that the CBI was carrying out raids on the residences and offices of people close to the party's leadership. "The 2G spectrum scam, which has caused a loss of one lakh eighty thousand crores, has been the largest scam in the history of the world .The DMK has always been a corrupt party and this scam has revealed the heights which the DMK leadership can reach in corruption," she said.
Consumer durables firm, Philips, will up investments in emerging growth markets like India and China by 27 per cent this fiscal over the previous year.
A lot of people talk about India rising," Barack Obama declared in November when in Mumbai. "But, in our view, India has already risen."
The prime minister's comments come close on heels of the developed countries threatening to cut vital aid to the developing nations if they do not back the deal agreed at the UN climate summit in Copenhagen.
Prime Minister Manmohan Singh arrived in Brazil on Thursday on a two-day visit during which he will attend the Brazil-Russia-India-China (BRIC) and India-Brazil-South Africa (IBSA) Summits and hold bilateral meetings with Chinese President Hu Jintao and Russian President Dmitry Medvedev.
A new study of well-being finds Indians perception of their own lives declining.
India maintained 43rd rank on an annual World Competitiveness Index compiled by the Institute for Management Development (IMD) that examined the impact of COVID-19 on economies around the world this year. The 64-nation list was led by Switzerland, while Sweden has moved up to the second position (from sixth last year), Denmark has lost one place to rank third, the Netherlands has retained its fourth place and Singapore has slipped to the fifth place (from first in 2020). At eighth, Taiwan reached the top-10 for the first time since the ranking began 33 years ago (moving up from 11th last year).
Prime Minister Narendra Modi has favoured broadening of the strategic partnership with Russia in nuclear, defence and energy sectors and invited President Vladimir Putin to visit Kudankulam atomic power project during his trip in December for his annual summit.
Is Prime Minister Narendra Modi's meeting with German Chancellor Angela Merkel en route to Brazil contingent on the outcome of the FIFA world cup semi-final match between Germany and Brazil on July 9?
According to an analysis of MSCI Barra indices, a measure of returns from various stock markets across the world for foreign investors, although performing better than China, Indian stocks have lagged behind Brazil and Russia in terms of quarterly returns.
After participating in the BRICS-BIMSTEC Outreach Summit in Goa, Myanmarese leader Daw Aung San Suu Kyi arrived in Delhi for an official three-day trip to India.
India has pitched for a sovereign credit rating upgrade with Fitch Ratings, after announcing its budget last month.
India's Finance Minister Pranab Mukherjee will arrive in London on Thursday to participate in the two-day G20 Finance Ministers' and Bank Governors' meeting commencing on Friday to discuss the financial crisis.
Narendra Modi will be travelling to Israel, the first by an Indian prime minister to the Jewish country with which bilateral defence cooperation is on an upswing.
Apart from emphasising the importance of India's economic development, and its re-integration into the global economy, Dr Singh has repeatedly emphasised the importance of the ideas that define the Indian civilization and the Indian Republic for global peace, security and challenges, ranging from terrorism to pandemics.
So, while it is great that India's numbers look relatively good, don't raise a cheer just yet, points out T N Ninan.
Leaving for Russia on his first foreign visit after assuming office for a second term, Prime Minister Manmohan Singh said on Monday India is ready to play its part in coordinating global efforts to overcome the economic slowdown. Singh, who will be attending the Brazil-Russia-India-China and Shanghai Cooperation Organisation Summits, said the BRIC grouping has the potential to lead global economic growth.
The booming stock broking industry is being hit by rising attrition as the entry of big Indian business houses and expansion of existing players spawns opportunities for senior and middle-level executives. Surprisingly, multi-national players are at the receiving end as their executives are being lured by leading Indian corporate houses, which are entering into this space.
It takes 166 days for foreign companies to set up shop in Brazil and 99 days in China.
The year will coincide with the 75th year of its Independence.
"There are multiple reasons for the current food crisis, primarily because of recent cyclones in Bangladesh and Myanmar, which destroyed the entire rice crops in these countries, also exporters of rice. Now they have to import rice instead of exporting it," External Affairs Minister Pranab Mukherjee said during the deliberations on the issue at the ministerial meet in Yekaterinburg (Russia).
China's intended role for AIIB is not so different from the existing Western lenders like the World Bank.
Technology major Hewlett-Packard (HP) has reported 25 per cent growth in net income at $2.32 billion for the three months period ending January 31, 2009, on the back of stronger sales of personal computer and servers.
'While overall this is a face saving deal just before the BRICS meeting in Xiamen, any forward military movement at Doklam once again could bring the two Asian giants at loggerheads,' says China expert Srikanth Kondapalli.
The Shanghai Cooperation Organisation is still a developing entity and it is essentially due to Russian and Chinese efforts. The moot question is can India benefit by attending it?
Here is our take on the market trends to watch out for in 2010.
The time may have come for India to stop thinking of five-year plans, and to focus instead on 10-and 20-year scenarios.
The Foreign Ministry also posted a 15-page fact sheet with maps and other details about the standoff since it began on June 16.
As the context of Panchsheel has changed, it is all the more essential that India and China need to reinvent and redefine Panchsheel for a new world order taking into account globalisation, and mutual economic interdependence. The new Panchsheel, in order to be relevant, needs to shed its binary approach of west verses the east recognising the seamlessness of global frontiers, which globalisation has brought in, says Rup Narayan Das.
The talks took place in a beach resort in Benaulim on the sidelines of a meeting of the Council of Foreign Ministers of the Shanghai Cooperation Organisation.
'No one seems to have looked at the extent of money that is being borrowed by individuals, and the rising levels of household debt.' 'At their present rates of growth, personal loans in India could well become the largest category of bank credit in just two or three years,' cautions T N Ninan.
The company, which has been negotiating contract manufacturing deal for its A-Star model with Nissan, also expects to start exports for the Japanese car maker by around February-March next year. The company, which has been negotiating contract manufacturing deal for its A-Star model with Nissan, also expects to start exports for the Japanese car maker by around February-March next year.
Indian companies have been perceived as one of the worst bribe-payers while engaging in business abroad, ranking along with firms in other BRIC countries - Russia and China - according to anti-corruption organisation Transparency International 2008 Bribe Payers Index, released on Tuesday.
India can be the new global manufacturing hub for small cars with BRIC countries, says PricewaterhouseCoopers.
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