Regulatory reform will not stimulate improvements in the informal sector as long as the workers remain at current skill levels.
These choices are going to be made available to Indian fund houses by S&P's index services division through India Index Services. ETF is a passive fund wherein investments are made in index companies as per their individual weightage. In times of uncertainty, betting on indices rather than individual companies helps. Index-based products thus become popular.
Merrill Lynch is seeking to expand its presence in emerging market economies such as Brazil, Russia, India and China as it looks for new sources of growth to mitigate the downturn in US markets, John Thain, Merrill Lynch's chief executive, said on Wednesday.
Indian IT service providers are ready to step into the big league now and the trust developed in India for business process outsourcing and ITO is allowing a rich seam of knowledge process outsourcing to be tapped and developed, a leading IT expert said.
Also, incremental demand is expected to rise by 10 per ent over the next five years.
Brazil may overtake India in the global steel space if Latin American firm CSN manages to acquire Corus - a development that could dash Tata Steel's chances of becoming the world's fifth largest steelmaker.
At 89th, India is the lowest-ranked among the BRICS.
In what is seen as the first sign of China's exasperation over Russia's Ukraine war, Chinese President Xi Jinping on Thursday raised 'questions and concerns' over the conflict in his meeting in Samarkand with Russian President Vladimir Putin who thanked Beijing for its 'balanced position' on the crisis.
President Xi said that the Chinese side is ready to work with the Indian side to carry forward the fresh impetus of bilateral relations.
When it comes to global investing, everyone discusses big markets like China and India. But there's money to be made in smaller markets, too.
The report further said steel demand to be driven by BRIC (Brazil, Russia, India and China) nations over the next two years. These countries, accounting for 41 per cent of global steel demand, will continue to see 12.8 and 11.1 per cent growth in demand in 2007 and 2008 respectively.
Opportunity for India to take leadership in economic diplomacy.
Prime Minister Narendra Modi on Thursday had his first meeting with Chinese Premier Li Keqiang, who said that China is looking forward to the Indian leader's maiden visit to Beijing.
India country funds saw an outflow of $700 million
'Breaking out of the corner into which China has painted itself would be a feat.' 'Whether Xi is able to pull it off will be known in the coming days,' says B S Raghavan, the distinguished civil servant and member of the Joint Intelligence Committee at the time of China's invasion of India.
Taiwan considers itself a sovereign state -- but China views the self-ruled island as a breakaway province. Beijing has not ruled out the possible use of force to achieve unification.
India can sustain an 8 per cent growth rate till 2020 and will overtake UK as the world's fifth-largest economy by the middle of next decade at this pace, global financial services firm Goldman Sachs has said.
According to the details provided by Muraleedharan, the prime minister made five visits each to the United States, Russia and China, and multiple trips to some other countries like Singapore, Germany, France, Sri Lanka and the United Arab Emirates.
Setting up Chinese Industrial Parks in India, increased access to Indian products to bridge the ballooning trade deficit besides border issues was expected to figure in Prime Minister Narendra Modi's first meeting with Chinese President Xi Jinping on the sidelines of the BRICS summit.
Prabhat Awasthi of Brics Securities also says that they have been positive on banks and that there is still value in public sector banks.
India is at a greater risk than the other three BRIC (Brazil, Russia and China) economies in the event of a slowdown in the US economy, a study by global investment banking firm Goldman Sachs has said.
Dharmendra Pradhan, Mukhtar Abbas Naqvi, Nirmala Sitharaman and Piyush Goyal have been elevated to Cabinet ministers.
China is ready to take "conciliatory steps" in order to avoid new violations of the obligations on the India-Chinese border, Chinese Foreign Minister Wang Yi said on Friday, a day after holding a crucial meeting with External Affairs Minister S Jaishankar over the current standoff in Ladakh. Speaking during a joint press conference with Russian Foreign Minister Sergey Lavrov, Wang said troops and equipment should be withdrawn from the Line of Actual Control (LAC).
Global interest rates have been heading northwards and in order to retain FII investments, domestic rates have to be hiked. It is due to these factors that we believe that investors have adopted a wait and watch policy as of now.
The turning point in his career was undoubtedly Nepal where he was sent as ambassador and acted with a cool head.
India is among the worst-performing BRICS nations along with Brazil (ranked even lower than India at 71st this year).
Several factors seem to have corrected in India in the past six months, says the president of New Development Bank.
Trouble at a single bank among the top five most connected lenders could wipe out nearly 50% of Tier I capital
BRICS PCG recommends a "Buy" on Infosys Technologies at Rs 2183
In keeping with its increased thrust on new markets, Indian pharma major Ranbaxy said on Friday that it has established a subsidiary in Russia with 120 people to begin
'The pride of the devoted Seinfeld fan is that he happens to love a show that doesn't take his love for granted, so that even on repeat viewings he is never really sure what directions an episode might take,' observes Sreehari Nair.
Prime Minister Narendra Modi on Thursday spoke to German Chancellor Angela Merkel, who extended a standing invitation to him to visit Germany for an official bilateral engagement.
There will not be any meeting between Prime Minister Narendra Modi and German Chancellor Angela Merkel, who is travelling to Brazil to watch her team play in FIFA World Cup final, during Modi's transit halt in Germany on July 13 en route to Brazil for the BRICS Summit.
This is more than 25 per cent higher as compared to the same period of the previous year when the prime minister had 78 domestic engagements.
The Indian Institute of Science, Bangalore and Indian Institute of Technology, Bombay were ranked among the Top 40 as per Times Higher Education BRICS and Emerging Economies Rankings 2015.
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