The economy is likely to grow at about 5.6 per cent in 2014-15 and fiscal and current account deficits no longer pose a threat to macroeconomic stability, India Ratings said on Friday.
With international trade one of the most prominent victims of the global slowdown, economic stimulus spent on green goods and services ought to be good for globalisation as well as the environment.
Message Board on whether English is killing our thirst for knowledge.
With globalisation, the demand of third party logistics business, a western concept, is catching up in the country as Indian firms 'which are eager to expand in new markets' are turning towards it for better management of their supply chain processes, the chamber said. 3PL cuts conventional logistics costs and helps tackle more complicated tasks, he said. Currently, the size of the business is estimated at $58 million.
The convention, in another resolution, asked the Indian government not to stop people from contesting elections from anywhere in India because some constituencies are reserved for special interest groups.
Maahi Singh explores a career in voice and accent training in the thriving BPO industry.
Arch-rivals India and Pakistan were drawn in same group for the ICC World Twenty20 2016. The two teams will face off on March 19 in Dharamsala.
The Wuhan meetings signify an incremental shift in China's position on India as well as each country buying time for the next phase of bilateral relations, says Srikanth Kondapalli.
For effecting the amalgamation, the government would first repeal the State Bank of Saurashtra Act, 1950 and thereafter amend the SBI Subsidiary Act, 1959 to remove references to the SBS Act wherever it occurs. The new Bill, to be introduced in Parliament soon, would be called the SBI Subsidiary Bank Amendment Bill, 2008.
Asian Development Bank on Monday warned that job reservation in private sector could lead to swift flight of skilled labour from India.
Indian football received a shot in the arm on Friday with Bharti Enterprises announcing that it would spend Rs.1 billion to improve the sport at the grassroots level. The plan includes opening a world-class academy.
Pak is keen to settle all issues with India, including the disputed issue of Jammu and Kashmir through dialogue
Coming out of its self-imposed shell, Union Bank of India, the fifth largest public sector bank in the country, is moving forward to opening branches overseas. The bank has over 2,000 branches across India, but no branch overseas.
With wages rapidly rising in China, all is still not lost. Wage costs in India are significantly lower and this fact could still help us turn the tide in our favour.
'India and China are at new inflection points, domestically and internationally. India needs to throw up a new leader whose vision is clear, experience laden with wisdom and articulation brimming with restraint and tolerance,' says Ambassador K C Singh.
India must formulate a new growth path to become a top Asian economy.
'At this point, it does not appear to be a Lehman Brothers kind of crisis, which had a domino effect on the financial system.'
"My offer to the US is that they should reduce their subsidy by just one dollar and we have a deal," Commerce and Industry Minister Kamal Nath said on Monday at a conference on globalisation, organised by FICCI and University of Oxford.
Pai, a highflier in the software giant (he is still just under 50), has a zen for cities. As human resources head of Infosys he is constantly scouting around in India for newer destinations where the company can set up shop to beat rising costs. And he is all the time benchmarking these against the worlds great cities to develop an agenda for change and betterment.
Dismissing the appeals of a large number of companies that opposed the new policy, the bench headed by Justice SH Kapadia said AS 22 sought to arrive at the true accounting income. "In the age of globalisation, the attempt is to reconcile the accounts of the Indian companies with their joint venture partners abroad," the 220-page judgment said, and added: "The aim is to harmonise Indian accounting standards with international standards."
Mr Mallya's United Spirits, the third-largest spirits group in the world, acquires both a global footprint and a quality label.
What might be useful is targeted assistance to those sectors and individuals that are disproportionately affected, suggests Mihir S Sharma.
Dil Dhadakne Do joins the debate over the role of women in India.
"Indian business is ready to face the brave new world of globalisation. China is an important part of that brave new world. We must engage China and learn to both compete and cooperate," Singh, who began a three-day maiden visit here, said at a brainstorming session with the business delegation accompanying him, ahead of the Sino-Indian business summit on Monday.
Stating that India is new bright spot of hope and opportunity for the world, the prime minister said India among other things is igniting the engines of its manufacturing sector and making its farms more productive and more resilient.
What a career in translation holds for you and how you can make a living from it.
Borrowing from Narendra Modi's phraseology, Pakistan on Tuesday said 'acche din aa rahe hain' for bilateral ties with India.
Even if I am born with all the natural attributes, certain characteristics are best when developed.
'Sounds familiar? Barring inflation, much else looks, sounds, and feels more than a bit like 1974.' 'A phenomenally popular leader, with a party of unquestioning followers, a broken Opposition, a nationalist high and an economy in free fall, crippling joblessness,' recalls Shekhar Gupta.
'The government will have to provide something for migrant workers or 'Farmers will still survive because they will eat what they produce.' 'What will the rest of the people do? What will happen to them?'omething else like that or else you will see some huge uprising or unrest.'
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