Tuesday, March 31, 2009

Skoda to hit Indian market with its small car

The Skoda small car would cost around INR 3 lakh. It would be available in both petrol and diesel models. The Czech automobile giant would manufacture the small car at its existing Aurangabad unit..

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Food security and sustainability in India

In future, the problems of dwindling food security and environmental sustainability will aggravate in India because the total food production remained constant over the last two decades with growing environmental and socio-economic challenges.

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Economic challenges might be opportunities for us

Once Indian economy comes out from recession, it will certainly guide other nations to follow this pattern. India will lead the international economic growth strategy. So, it is better that India should stop waiting for recovery of global recession.

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Friday, March 27, 2009

US economic plan is a road to hell, says EU Prez

Topolanek, who will remain EU president until a new Czech government is established, bluntly said, “The US did not take the right path.” His words are the strongest criticism so far from a European leader of Obama’s economic policies..

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Wednesday, March 25, 2009

Employees badly hit by unemployment

The middle class income group is the worst affected by this global economic recession. We have to create jobs for the jobless citizens and let this be our priority, to help for these individuals who need an income to sustain their families.

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Recession: Who moved away my cheese!

The market will only revive if common people gain confidence about their job security. This phase will take at least a year, but this event will definitely bring about a paradigm shift for the common man..

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Monday, March 23, 2009

Repercussions of falling inflation in India

About a year back India had faced rising inflation, and now it is facing falling inflation. Let us briefly see what it is and what will be its immediate impacts on the economy.

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Economic growth: Various predictions

Goldman Sachs (a full-service global investment banking and securities firm) has recently cut its India growth estimate to 6.7 percent from 9 percent in the year ending March 2009 due to the knock-on effects of the global melt-down..

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It is okay to ask for a raise, even during recession

You shouldn't put your career goals on hold simply because of layoffs and recession. Believe it or not, now might be a pretty good time to ask for a raise. There are some things you should keep in mind before asking for that raise.

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Innovative management in times of meltdown

Innovative strategies should be adopted by organisations in an economic turmoil so as to sustain recession and create a competitive edge for corporations. Today, the guru mantras of a corporation are speed, flexibility, integration and innovation.

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Perspective of fiscal multiplier in meltdown era

Though we are in the midst of a severe financial turmoil, this gives us an opportunity to learn the working of various concepts of macro-economics in reality, which we have always studied in books. One such interesting concept is of fiscal multiplier.

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RRBs not inferior to commercial banks

Why are the employees of RRBs not compensated in the same manner as employees of their sponsors, viz, the scheduled commercial banks? Are the RRB employees children of a lesser God? Both perform the same functions and are government-owned.

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All said no, Tata said Nano

Since its unveiling on January 10, 2008, the Tata Nano has evoked an unprecedented interest in the country. It is the most awaited car of the century. The one-lakh car or Tata Nano is being launched in India on March 23, 2009..

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Saturday, March 21, 2009

West Bengal team to visit Japan for investors

There would be some representatives from Gujarat and Andhra Pradesh also. This trip can also be considered as a part of the marketing support initiative of the Union government to the three coastal states where petrochemical hubs would be built..

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World economy will shrink in 2009: IMF

The IMF states in the latest publication of the global economy that a sustained and concerted policy action is immediately needed to revive the economic growth throughout the world. Despite lump some stimulus packages, the trade volumes are shrinking.

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Chidambaram's bid to maintain Lok Sabha record

Chidambaram is the only former Union finance minister who was won the elections consecutively. Manmohan Singh, Jaswant Singh, Yashwant Sinha and Madhu Dandavate failed to get elected to the Lok Sabha after their tenure as finance ministers.

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Tata ties-up with two more banks

The manufacture of wonder car Nano, tat Motors recently added two new banks in the list of its partners. The company has signed deals with Indian Bank and Andhra Bank to provide better facility to its customers.

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Wednesday, March 18, 2009

Tata Motors ties-up with SBBJ for car financing

India's biggest automobile company Tata Motors has joined hands with the State Bank of Bikaner and Jaipur for car financing to its range of passenger vehicles. The company?s aim is to offer an additional facility of car finance to its clientele. .

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Banks should be fair in lending

Far from being as considerate as possible towards their borrowers now, some of our banks have been insisting on their pound of flesh. Efforts by the RBI and the government to provide easy credit to trade and industry could be negated as a result.

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Monday, March 16, 2009

FICCI calls for cut in lending rates

FICCI has been pointing out that interest rates at the retail level have not yet been fully adjusted. Unless the lending rates are brought down to single digit levels, economic recovery will take a long time..

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Free Dropship List

Learn what a true dropshipper is and where to find them for free. Free Dropshippers List is a website where one can easily get an access to end number of dropshippers and wholesalers for free. Moreover one can learn some important facts here..

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US consumers head for savings

Reportedly, US consumers are heading towards heavy savings. The US Commerce Department recently revealed that the savings percentage has increases and obviously, the country's banks are making best of it by offering attractive interest rates.

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BSNL’s accident insurance scheme just a gimmick

BSNL offered last year a free accident insurance facility to each and every subscriber to the tune of Rs 50,000. Looking at the way it was implemented, one doubts whether the whole scheme is just another gimmick.

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Friday, March 6, 2009

Home loan borrowers never had it so good!

Home loan borrowers never had it so good! Yes, after State Bank of India, it is the turn of Canara Bank to ingratiate itself with home loan borrowers. The virtuous circle does not stop there. RBI has brought down key interest rates by 0.5 per cent!.

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7 biggest mistakes in raising startup capital

According to a survey in the United States in 2004, 79 per cent of businesses fail due to low investment amount. Several offices sink due to lack of management, proper cash flow and talent. To know how to get away from such pitfalls read on....

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Changing concept of marketing in India

With the entry of MNCs in India, a new concept of marketing has gained momentum, especially in the field of consumer goods. The Internet is playing a key role in global marketing system to bring consumer goods direct from producers to consumers..

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FICCI for more private participation in education

FICCI expressed strong reservations on the reported decision of Central Advisory Board of Education (CABE) and the Union ministry of Human Resource Development (HRD), to oppose the national knowledge commission’s (NKC) key recommendations.

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Tuesday, March 3, 2009

Seven recession tips for everyone

Afraid of recession? Try some simple planning steps that sailors practice. Think out of the box and explore unseen territories to generate additional income. Get expertise in an additional field. Be prepared for any situation.

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No juice for a hungry economy

A fast developing economy like India’s needs a robust infrastructure. A fast paced economy requires fuel and a healthy supply of power. The situation in Delhi currently leaves a lot to be desired. Small and medium scale businesses are most affected.

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RIL-RPL merge

The board members have decided the swap ratio at 1:16. It means that RPL shareholders would receive one RIL share for every 16 shares held in RPL. RIL has decided to extinguish its treasury stock. The merger would be effective from April 1, 2009..

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A record price for a rupee coin

The rare coin has the word Sou Naye Paise written in Hindi (inscribed on top portion) with no mention of value in English. The 1960 pattern one-rupee coin went under the hammer for Rs 2,20,000. The coin had never come into circulation..

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