International Hockey Federation president Leandro Negre expects India to be a force to reckon with in the upcoming Junior World Cup, but said it won't be easy for the hosts to win the tournament, in Delhi, from December 6-15.
Trouble at a single bank among the top five most connected lenders could wipe out nearly 50% of Tier I capital
British Foreign Secretary David Miliband considered to be a potential prime minister, has heaped praise on India as a 'genuine emerging power' from whom the world had 'many expectations.'"India is genuinely emerging as a power and in it the Indian diaspora is a huge source of strength" Miliband said, adding, 'we are lucky to have such a diaspora.'
British Foreign Secretary David Miliband, considered to be a potential prime minister, has heaped praise on India as a "genuine emerging power" from whom the world had "many expectations." "India is genuinely emerging as a power and in it the Indian Diaspora is a huge source of strength" Miliband said, adding "we are lucky to have such a Diaspora."
The Centre for Monitoring Indian Economy said sectors like machinery (with a weight of 18 per cent in the index for industrial production), chemicals (14.5 per cent), basic metal (12.4 per cent), rubber, plastic and petroleum products (11.8 per cent) and transport equipment (11 per cent) would be the growth engine for this year. The projection is based on analysis of projected capacity and expected capacity utilisation of major industries.
Mihir S Sharma outlines why this year's Union Budget does not respond to the needs of India's economy, or attempt to frame the economy's future.
Prime Minister Manmohan Singh on Sunday said he expected India's economy to grow by a healthy 7 to 7.5 per cent in 2009, despite the global financial crisis eroding output across sectors."Due to the current financial crisis, growth rate may come down somewhat next year, but I am still confident that we will be able to achieve a rate of between 7-7.5 per cent," he said while addressing the Indian community in Oman.
Indian companies are likely to keep raising salaries by about 15 per cent a year until 2011 as skills shortages overshadow concerns about higher input costs, according to Mercer, the consultancy.
India was less directly affected by the Chinese stock market rout and yuan devaluation that battered currencies and markets in the region.
India, which accounts for the third largest online userbase globally after China and the US, has had the lowest Internet penetration growth in Asia Pacific (APAC) at 17.4 per cent so far this year, research firm eMarketer said in a report.
The spurt in online sales during the festival season is expected.
The BCCI told its players in Australia to behave themselves after the row involving Harbhajan Singh overshadowed an exciting Test series.
On the profitability front, Crisil foresees a 0.5 per cent basis points y-o-y jump in EBITDA (operating profit) margins in Q2 FY15.
"GDP growth in India eased to a still strong 8.7 per cent in 2007, from 9.7 per cent in 2006, and is projected to slow further to 7 per cent in 2008," said the World Bank report on Global Development Finance released on Tuesday. World Bank attributed the moderation in GDP to 'monetary tightening in 2007 (that) led to softening in domestic demand'.
Expecting India to play a major global role once Nuclear Suppliers Group approves the Indo-US civil nuclear deal, Japan on Tuesday said New Delhi will have to address disarmament and non-proliferation issue to demonstrate "authenticity."
'If jobs do not happen, the demographic dividend we have will become a demographic disaster.'
Analysts agree China, Greece and US Fed developments need careful monitoring but India should gain, over time, from relative rise of the dollar and fall in commodity prices.
The Obama administration said there has not been an "iota of change" on its policy on Kashmir, which considers it a bilateral issue between India and Pakistan, dismissing the latest Pakistani efforts to seek United States intervention in this regard.
The net worth of India's billionaire community has soared 12-fold in 15 years - enough to eliminate absolute poverty twice over in the country, where income inequality is also on the rise, according to the IMF.
Premium valuations era started in 2006 and went hand in hand with decline in the US interest rates
"We hope that India, as well as all other states -- China, Russia, France, Britain and Japan -- will diminish their economic relations with Iran," US Under Secretary of State Nicholas Burns said.
The world champions, having already sealed the series 4-1, fielded an unchanged side after opener Matthew Hayden failed to recover fully from his hip injury.
- 'I think they've made a very brave and good decision in making Steve the captain' - 'I'm comfortable where my game's at, everything's going in the right direction, I'd just like to get more runs'
Swiss watch brand Rado expects India to be among its top five markets by the next two years. Globally, China is the company's biggest market while India ranks among the top 10.
India went in with two spinners and as many pacers in the first Test against Pakistan.
Yuvraj Singh has been named in India's 12 for the second Test as Sourav Ganguly is down with a sore back.
Economic think-tank National Council of Applied Economic Research expects India's Gross Domestic Product growth to decelerate to 8.3 per cent during current fiscal
The budget has strong growth impulses and response of the economy is positive.
'It will take a long time for the effects of demonetisation to wear away, and I am not even sure that a year lost, can at all be even recovered.'
Analysts now expect India Inc to report a decline in both top line and bottom line for the September quarter.
Theoretically, 4G promises download speeds of up to 100 Mbps, compared with the speed of 21 Mbps that 3G supports.
The much-awaited soft launch of Reliance Jio's next-generation mobile services has been delayed by another month.
With trade deficit falling 24% in Apr-Dec and stable capital flows, FY14 may end with a balance-of-payments surplus.
'He has shown no visible promise, not even symbolic gestures, of [being] a good leader'.
Expecting India to emerge as the second largest market by 2008, Nokia has chalked out very aggressive business plans and said they would be difficult to beat in India.
The US intends to break up India's strategic partnership with Russia and to continue to interfere in Indian-Iranian relations, apart from inserting itself into the Sino-Indian bilateral discourse, says Ambassador M K Bhadrakumar, analysing the US defence secretary's visit to India.
This would make India the world's second-biggest nuclear energy market after China
Bank of America Merrill Lynch believes this would ease pressures on CAD as $10 a bbl fall in oil price reduces CAD by $8 billion or 0.4 per cent of GDP.
Venture capitalists are leveraging their experience to build something new.
China on Thursday tried to play down the continuing border standoff at Chumar coinciding with the visit of President Xi Jinping to India, saying the incident has been "effectively controlled and managed".
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