Friday, January 30, 2009

Political courage required to counter recession

Fair financial regulations are required to allow the poor and the vulnerable access to equity finance to improve their livelihoods. Government should introduce equity based banking system at the earliest..

More on Political courage required to counter recession

Its sensible to club FII and FDI

Instead of distinguishing between FDI and FII inflows it is better to view the two as foreign investment inflows, the reason being the inconsistency that characterises their definition across the world. There is scope to liberalise the FDI regime. .

More on It’s sensible to club FII &FDI

Tuesday, January 27, 2009

RBIs Q3 review of monetary policy

The RBI has not changed the policy rates and the reserve ratio. Subba Rao Gaaru has done a Reddy Gaaru. The only carrot that the Governor has announced just manages to qualify as a carrot! He has a message for the Finance Minister too!.

More on RBI’s Q-3 review of monetary policy

Do discount sales in festivals benefit consumers?

The mindset of the buyer is conditioned by the shopkeepers and market forces. They never argue with shopkeepers regarding the price of a branded product. Undoubtedly, sale during festivals does not benefit the consumers. Most of us are being cheated .

More on Do discount sales in festivals benefit consumers?

Wednesday, January 21, 2009

Corporate governance needs better enforcement

Dr Madhav Mehra, president of the WCFCG and founder of the Institute of Directors in India, warned that mishandling of Satyam crisis could ruin India's only opportunity to lead the world by raising the bar in corporate governance..

More on Corporate governance needs better enforcement

Bajaj agarbatti: Spreading fragrance since 1978

Bajaj Group of India, a professional manufacturer of incense sticks supplies incense products all over India. Every product is prepared with pure and natural products and fragrance of each products is unique, which makes them different from others..

More on Bajaj agarbatti: Spreading fragrance since 1978

Five point agenda for Obama government

With Barack Obama taking over as the new President of America, Federation of Indian Chamber of Commerce and Industry is keenly looking forward to the Obama administration with a five-point agenda to deepen Indo-US synergy..

More on Five point agenda for Obama government

Tuesday, January 20, 2009

HSE campaign highlights the dangers of asbestos

As asbestos continues to claim lives, the Health Safety Executive have decided to up the ante in the campaign, and have launched a new website raising awareness of the dangers of what was once thought to be a perfectly safe building material..

More on HSE campaign highlights the dangers of asbestos

Liquidity crunch hits Kerala’s real estate sector

When recession came, the real estate sector in Kerala was already in a dull stage. According to brokers, this was due to some government policies. Kerala govt issued a price list for places across the state but later it had to be removed as it was faulty .

More on Liquidity crunch hits Kerala’s real estate sector

Monday, January 19, 2009

Improve business capabilities to lift performance

A new study by Deloitte Research has revealed how companies can use finance to strategically improve business performance. It focusses on methodologies of leading global manufacturers applying finance to business transformation in a comprehensive way.

More on Improve business capabilities to lift performance

Indian market opening up for foreign banks

It is now time for the Indian banking sector to prepare itself for competition against the big players from outside, which will have an open access to the Indian territory in 2009. Indian market will be opening up for the foreign banks this year on.

More on Indian market opening up for foreign banks

Indian banks set to face uphill task in 2009

The worst-case scenario for India, which assumes GDP growth will reduce to 6 per cent over the next few years, is likely to create a major challenge for Indian banks. Should they be focusing on growth or focus on keeping NPAs under control? .

More on Indian banks set to face uphill task in 2009

Sunday, January 18, 2009

Omar asks Corporate India to invest in J&K

The chief minister said that he would like to see the youth of J&K to be a part of Corporate India's dream run. ESSAR Group announced the setting up of two BPO centres – one each in Jammu and Srinagar, which would create 2,000 jobs in each city.

More on Omar asks Corporate India to invest in J&K

Indian job market set to improve

According to the experts a demand for around 85 to 90 million people across various sectors is set to provide some relief to the tensed job market. Much of the demand is to come from the high-growth industries like retail, IT etc.

More on Indian job market set to improve

Silent labour

While the government has acted with alacrity, to protect the interests of the well educated and well paid Satyam workers, it would be great to see the government react with equal speed for those who don’t have that kind of clouts.

More on Silent labour

Thursday, January 15, 2009

Hire Hyderabad packers and movers for shifting

Packing and moving companies from Hyderabad provides the best assistance to all your shifting needs and are committed to provide hassle free service. They also provide car transportation services and can transport your cars even overseas..

More on Hire Hyderabad packers and movers for shifting

Reebok lays off 310 jobs

Reebok has slashed around 310 jobs to fight the global economic slump. The lay offs are immediately effective, 101 workers lost their jobs in Canton and other cuts were made at Latin America, Montreal, Indianapolis, Cedar Rapids, Iowa.

More on Reebok lays off 310 jobs

Wednesday, January 14, 2009

Small business loans is the way to go

There are many institutions that are willing to lend small business amounts to small business owners to run their miniature business empires. And one never knows when the miniature might grow into a colossus. Be cautious..

More on Small business loans is the way to go

Satyam brothers confess to fraud

In a rather shocking incident, the disgraced former CEO of tainted Satyam accepted to the massive fraud committed by him over the last seven years. He is now in prison along with the other two accused. Their petitions will be heard on January 16.

More on Satyam brothers confess to fraud

Sunday, January 11, 2009

Move to cut fuel prices should be kept under wraps

Any change in prices of products with government-administered prices should be affected without giving any pre-indication. Further, there should be a consensus of having the same structure of local taxes all over the country. .

More on Move to cut fuel prices should be kept under wraps

Kites soar, as Gujarat readies for investors meet

The kite festival coincides with the state's flagship global convention called the 'Vibrant Gujarat Global Investors Summit' that commences at the Science City here, on January 12, to project Gujarat as an ideal destination for tourists and investors. .

More on Kites soar, as Gujarat readies for investors meet

Thursday, January 8, 2009

From being Satyam to Asatyam

Satyam's involvement in the biggest business scandal has put a question mark on the ethical practices of the Indian corporate world. If the company was doing wrong, then where were the regulatory authorities?.

More on From being Satyam to Asatyam

Pink slips for 25,000 in Lenovo

As a result of the economic slowdown, Lenovo plans to lay off 25,000 of its employees with additional cost cutting and consolidating of its business. It also announced that it expects loss for its fiscal third quarter that ended on December 31, 2008.

More on Pink slips for 25,000 in Lenovo

Wednesday, January 7, 2009

Satyam cyclone hits Sensex, market tanks

Ramalinga Raju's resignation and the big fat fraud, sent Satyam stock into a tailspin and at the end of day, the stock was down by 81.57 per cent. BSE realty sensex fell by 17.74 per cent, IT index by 9.88 and BSE oil index was down by 8.65 per cent.

More on Satyam cyclone hits Sensex, market tanks

Real estate to crash in 6 months?

Real estate majors are pulling out of most projects and it is feared that the realty market will collapse in six months. Several giants are about to be wiped out. May be the true impact of the crisis will be felt after the Parliamentary elections. .

More on Real estate to crash in 6 months?

Package for boosting economy likely

The government is likely to come out with another package to boost the economy. An indication to this effect was given by union minister Ashwani Kumarr on the sidelines of the 5th Indo-US Economic Summit organized by (IACC) in Delhi .

More on Package for boosting economy likely

Monday, January 5, 2009

Is a C Diff vaccine around the corner?

The medical profession usually provides caring service with high standards of excellence. However, there are occasions when patients treated under England’s National Health Scheme or privately may be victims of a medical accident..

More on Is a C Diff vaccine around the corner?

Smile: The gift of the gab

Smile, the beautiful combination of five alphabets, is the most common and effective language one can speak. Smile is the magical language you speak through your eyes and face. Researches have proved that there are as many as 50 kinds of smile..

More on Smile: The gift of the gab

Sunday, January 4, 2009

India Inc gets second booster dose

The second fiscal stimulus package is out. The new package is being considered as a better booster dose for the India Inc then its older installment. The package will directly help to ease out the process of credit delivery to sectors hit by slowdown.

More on India Inc gets second booster dose

Thursday, January 1, 2009

An assessment of world economic crisis

Recessions are due to lack of sales because people don’t have the purchasing power. The free industrial society operates on the principle of the survival of the fittest. Decline in the purchasing power is the main cause of recession today.

More on An assessment of world economic crisis

Ponzi Deals: The root cause of world wide recession

‘Minskian Ponzi Deals’ was propounded by the post-Keynesian economist Minsky, in 1986. Such deals are both unsustainable and hazardous as compared to acts of simple hedging, or even speculation on asset prices in markets..

More on Ponzi Deals: The root cause of world wide recession

ICICI bank slashes home, auto loan rates

India's largest private sector bank, ICICI Bank, has slashed its home and auto loan rates. The bank has cut down lending rates by 50 basis points and deposit rates by 50 to 75 basis points. It will provide fixed home loans at the rate of 16 per cent..

More on ICICI bank slashes home, auto loan rates