India

India Hopes to Grow Despite Europe’s Declining Economy

February 7, 2012
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An International Monetary Fund official stated that the continuing struggle of Europe’s economy is likely to impact other economies, such as India, just as it affected private investment. “I think it is also clear that in India, as in other economies, demand for exports would certainly be hit, and certainly for India, we’ve already seen effects on private investment,” said IMF Director of the Asia-Pacific Department Anoop Singh. “My sense so far is that the financial effects on Asia...

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India Hopes to Grow Despite Europe’s Declining Economy

February 7, 2012
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An International Monetary Fund official stated that the continuing struggle of Europe’s economy is likely to impact other economies, such as India, just as it affected private investment. “I think it is also clear that in India, as in other economies, demand for exports would certainly be hit, and certainly for India, we’ve already seen effects on private investment,” said IMF Director of the Asia-Pacific Department Anoop Singh. “My sense so far is that the financial effects on Asia...

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India Investment Drop

July 24, 2011
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India Investment Drop

Last month saw an all-time foreign institutional investment (FII) drop in India through participatory notes (P-Notes).  As a recent report detailed in Business Standard noted, the figures dropped to less than 10 percent for “the first time since 2003.”  According to director of institutional equities and chief strategist of Padmakshi Financial Services, Sailav Kaji, “many P-Note investors had built up short positions in the earlier months. These shorts would have got squared off in the rally and internally adjusted,”...

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Good News for Indian Economy

July 7, 2011
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Good News for Indian Economy

When a country gets a big investment, not only is it good for the company bringing the capital, it’s also great for the recipient country.  Thus, both India and Tata Consultancy Services (TCS)  should be smiling right now, according to a recent report in Money Control.  The AMR contract (automation of metering and billing) has just been awarded to TCS “of high tension industrial consumers in Haryana.” According to “an official spokesman of power distribution company Uttar Haryana Bijli...

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India Gets Mega Software Investment

July 5, 2011
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When you have money, you can use it to make more money.  That’s how the rich get richer.  And it seems that the largest software services provider in India – Tata Consultancy Services (TCS) – is doing just that.  For the 2011-12 financial year, TCS will be making an investment of Rs 2,300 crore.  Nonetheless, in a report in Money Control, it seems that the company was questioned as to why it hadn’t given out a special dividend.  To...

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India Investments Encouraged in China

June 12, 2011
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Beijing Seminar Good for Investment At a seminar today held in Beijing, India invited Chinese companies to come and make investments in China. The seminar, entitled, ‘India-China Business & Investment Seminar- Opportunities in IT, Engineering & Allied Sectors,’ was organized by Municipal Government of Yangzhou and Confederation of Indian Industry (CII) and Indian Consulate in Shanghai. The aim of the seminar is to encourage Chinese companies to make investments in India while giving them an overview of the country’s...

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Global Financial System Reform?

April 14, 2011
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BRIC Leaders Meeting BRIC nation leaders (Brazil, Russia, India and China) are meeting up in China for a one day conference. BRIC is actually a bit of an inaccurate description now (it should really be changed to BRICS) since South Africa recently joined. As a unit they have both economic and political influence today, and also form part of the G20. The topic to be addressed will be reforming the global financial system since the nations comprising the BRIC...

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Earth Hour Good for Japanese Morale

March 27, 2011
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Earth Hour took place on 26 March between 8 30 and 9 30 pm.  It is a time when people around the globe turn off their lights and make a “commitment to actions that go beyond the hour.”  According to the Earth Hour website, this year “our thoughts are with the people of Japan during this incredibly challenging and sad time for their country.” Origins of Earth Hour Earth Hour first emerged in Australia in 2007 as a way...

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India’s Booming Economy Doesn’t Reflect Its Women

March 7, 2011
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While the economy in India goes from strength to strength with the trend set to continue, it seems the women of the country feel there is little to celebrate.  Indian finance officials predicted that if the economy “sustains a nine per cent GDP growth” in the next decade, the economy is likely to reach a staggering $ six trillion.  If this is the case, why do the women feel there is nothing to celebrate alongside their sisters on International...

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What Would King George VI Have Said About Singapore’s Rice Crisis?

March 6, 2011
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Pest storms are devastating rice production in Singapore, which is no good for anyone since this grain is a staple throughout Asia.  This is becoming a threat to the country’s food security and could completely destroy rice farms throughout the region, according to Singapore scientists.  Indeed, there is talk that the pesticides used to counter this problem may be doing the opposite – making it worse.  The problem has partly been caused by trying to go cheap:  use of...

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