Well we all know that INDIA will overtake CHINA in term of population explosion by 2015. But do we know that INDIA will overtake CHINA as the world fastest growing economy by 2015. Yes this is right. According to a survey by Morgan Stanley group INDIA will overtake CHINA as the fastest growing economy. We [...]
Economy of India is likely to grow in near future and expected to reach $5 trillion. This is just like dream come true a 500% increase! So Surely the SENSEX will touch 50,000 mark soon as it was predicted earlier! Indian economy is currently at $1.2 trillion and is expecting to grow at $5 trillion [...]
By giving economic incentives to North Indian youth. Let me back off and explain my super sweeping statement. Two rising economic powerhouses – India and China are conspicuously missing from the World Cup. Thinkers and sports writers around the world have given reasons that are economic, administrative and political. I think its got to do [...]
India will be the third largest economy in the world after China and United States by 2050, a US-based internationally recognised foreign-policy think tank has said. An article “The G20 in 2050″, carried in the November bulletin of the Carnegie Endowment for International Peace said: “China, India, and the United States will emerge as the [...]
Here is a PPT I came across which consists of various aspects basically the positive once about India. Shockingly the PPT is made by a foreigner ! And I am totally impressed by his work. I think all are going to find this PPT useful. All Kudos goes to the creator of this PPT.
Finance Minister Pranab Mukherjee on Thursday tabled the Economic Survey for 2008-09 that prescribes doing away with cess, surcharges on taxes, including fringe benefit tax, and sweeping refroms in areas like petrol pricing and financial sector. Following are the highlights of the pre-Budget Economic Survey: 2008-09. Unleash reforms – phase out cesses, surcharges and transaction [...]
Ever since the credit crunch surfaced in late 2007, there has been a dramatic fall in the prices of financial assets amounting to a total wealth erosion of $28 trillion across the world, economic forecasting consultancy Oxford Economics has said. Oxford Economics estimates that the “total financial wealth has fallen some $28 trillion, or 14 per [...]
I just read in ET “State-owned banks on hiring spree, to hire 30,000 in FY’10 even as India Inc, facing the heat of the global financial meltdown, has put a virtual halt on recruitment.” Why has this huge employment come in ? Expansion/ Increment of branches is one of the reason. This expansion of branches [...]