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Haydn W

Coal India could have helped slash production cost by 12%: Power Companies - The Econom... - 0 views

economictimes.indiatimes.com/...28915293.cms

India Coal Energy Economic Times Production Costs Monopoly

shared by Haydn W on 17 Jan 14 - No Cached
  • KOLKATA: Coal India Ltd could have helped power companies save their production cost by 12%, or 35 paise a unit
  • The state-run monopoly coal supplier on Tuesday declared a dividend of Rs 29 a share.
  • CIL increased coal prices by a minimum 30% for all thermal coal used by power companies over the past three years
  • ...3 more annotations...
  • This enabled the company to increase its cash and bank balance from about Rs 45,000 crore during 2010-11 to Rs 62,000 crore in 2012-13,
  • Most of the additional reserves came from higher prices as production did not rise at the same pace. This fiscal year, the company is likely to miss its target on coal production by about 17 million tonnes and sales by some 15 million tonnes.
  • Power tariffs are regulated by Central and state regulatory commissions, however, coal prices are not. Every increase in coal prices leads to increased power generation costs which need to be passed on to consumers.
  • Haydn W on 17 Jan 14
     
    This article explains how production costs in India could have been cut if Coal India had kept prices lower. The article also tells us that the company has a monopoly on the industry and is state-run which has lead some people to criticise the government. The company has been accused of protecting its own interests by raising prices to cache its bank balance. 
Haydn W

Will ′Modinomics′ help boost India′s development? | Asia | DW.DE | 12.01.2015 - 1 views

www.dw.de/...a-18185326

Economic Development India DW

shared by Haydn W on 10 Feb 15 - No Cached
  • Will 'Modinomics' help boost India's development?
  • In a bid to transform India's economy, PM Narendra Modi has pledged unlimited reforms at a summit in Gujarat.
  • Indian PM Narendra Modi pledged to slash red tape and banish India's reputation as a hard place to do business. Modi spoke of his plans to lift hundreds of millions of Indians out of poverty, including the opening of more than 100 million bank accounts
  • ...3 more annotations...
  • More than six months into Modi's rule, India's economic growth remains sluggish, with GDP expanding at an average of 5.2 percent in the first three quarters of 2014.
  • Kerry told the summit the United States looks forward to stronger trade and diplomatic ties with India. Kerry's visit to the South Asian nation, his second in six months, comes just a few weeks before US President Barack Obama is due in New Delhi for talks.
  • Rajiv Biswas, Asia-Pacific Chief Economist at the analytics firm IHS, says that while replicating the Gujarat model across a large and politically disparate country such as India will be difficult, PM Modi's management style is likely to accelerate economic development in significant parts of India, particularly in states where his Bharatiya Janata Party (BJP) holds state government.
  • Haydn W on 10 Feb 15
     
    This interview details the style of policy making to promote growth initated by Narendra Modi, the Indian Prime Minister. Economic growth and development is arguably the most important area of policy in India and will be a huge focal point of any international discussions centered around the region.
Aleksi B

India Plans Price Controls on Patented Drugs - WSJ.com - 0 views

online.wsj.com/...390443819404577633070809995582

india price controls drugs

shared by Aleksi B on 17 Nov 13 - No Cached
  • India plans to widen the scope of price controls on pharmaceuticals
  • The new proposals would extend price restrictions beyond generic medicines to apply for the first time to patented drugs
  • The plans come as Bayer AG BAYN.XE -0.17% Bayer AG Germany: Xetra €94.89 -0.16 -0.17% Nov. 15, 2013 5:35 pm Volume : 2.67M P/E Ratio 25.24 Market Cap €78.47 Billion Dividend Yield 2.00% Rev. per Employee €363,176 10/31/13 Bayer Boosted by New Drugs 09/13/13 Bayer Under Scrutiny in China More quote details and news » BAYN.XE in Your Value Your Change Short position is fighting an order from India's patent authority that required the Germany company to issue a license allowing an Indian generic-drug company to sell a less expensive copy of Bayer's patented cancer drug Nexavar.
  • ...3 more annotations...
  • India sets prices for 74 generic medicines and is considering increasing the number of medicines covered by price caps to 348
  • Any attempt to restrict prices of patented drugs likely will rankle foreign pharmaceutical companies
  • The move raised fears in India that without price controls patented drugs might be unaffordable for a majority of the country's 1.2 billion people.
  • Aleksi B on 17 Nov 13
     
    The article explains on how India are planning to put price controls on their drugs making them go for lower prices so that people can afford them.
John B

Reserve Bank India may eventually tighten rates to tame inflation: HSBC - The Economic ... - 0 views

economictimes.indiatimes.com/...33862399.cms

inflation

shared by John B on 18 Apr 14 - No Cached
  • John B on 18 Apr 14
     
    This article is dealing with the inflation in India. The inflation in India are seemed to be sticky, but due to El Nino (the warmer-than-average sea surface temperature in the central and eastern tropical Pacific Ocean). It contributes to extreme droughts that makes the price of food increase, and therefore the inflation for food increase
Clemence Lafeuille

India Ranks 135 in Human Development Index: Report - 0 views

www.ndtv.com/...evelopment-index-report-593061

human development index india standard of living life expectancy

shared by Clemence Lafeuille on 13 Feb 15 - No Cached
  • Clemence Lafeuille on 13 Feb 15
     
    This article is really nice as it gives HDI, GII and GDI information about India. Additionally, it states how India has had progress in the 3 components of HDI over the years, but that it still has a relatively low ranking in HDI. This shows that the whole of the world is then slowly improving on HDI levels.
John B

Indias balance of payments in Q2 2014-15 - 0 views

www.thedollarbusiness.com/ance-of-payments-in-q2-2014-15

Balance of payments

shared by John B on 15 Dec 14 - No Cached
  • John B on 15 Dec 14
     
    This article is about the balance of payments for India in Q2 2014-15
Daniel B

Trucks - 0 views

economictimes.indiatimes.com/...27233132.cms

trucks perfect competition India

shared by Daniel B on 09 Feb 14 - No Cached
  • Daniel B on 09 Feb 14
     
    This article shows the best current example of perfectly competitive market which occurs in India on the market of buses, trucks, lorries and light vehicle. It is caused by the great number of companies which take part in this market.
Marenne M

Experts say future water scarcity threatens Pakistan - UPI.com - 0 views

www.upi.com/...71375251777868

water scarcity pakistan

shared by Marenne M on 16 Sep 13 - No Cached
  • Pakistan will face an acute water shortage in the not-too-distant future
  • no access to clean drinking water, and farmers lack irrigation water
  • he backbone of the economy
  • ...14 more annotations...
  • not far from being classified as 'water scarce,' with less than 1,000 cubic meters per person per year.
  • eak regulation, lack of such demand-management tools as consumer meters and "highly inappropriate tariffs”
  • Agriculture
  • storage capacity is equivalent to only a 30-day supply, compared with the recommended 1,000 days
  • ater scarcity means compromising on water quality as well as quantity.
  • Many of Pakistan's rivers pass through India first, giving India control over their flow, and water has been an issue between the two countries in the past -- leading some to point to the possibility of a future war over water.
  • mismanagement and criminal negligence of our successive governments
  • construction of large dams and better planning.
  • solution
  • 18 million gallons of water ran out to sea.
  • 3 percent less water than it needs
  • We should increase efficiency of irrigation by sustainable agriculture practices and advanced technologies.
  • India over water because agriculture is [the] backbone of our economy,
  • dialogue with
  • Marenne M on 16 Sep 13
     
    This article describes the scarcity of water in Pakistan due to a lack of organization and planning. It goes into detail about what causes the scarcity of water, what the current effect is on Pakistan, what effect it could have in the future, and some solutions to this problem.
Samuel Choi

RBI cautious on response to gold import surge - 0 views

economictimes.indiatimes.com/...45233692.cms

balance-of-payments government gold india imports current-account

shared by Samuel Choi on 08 Dec 14 - No Cached
  • Samuel Choi on 08 Dec 14
     
    India, the world's second-largest gold-consuming country, is battling a balance of payments crisis as the gold import industry grew exponentially in a short amount of time. Though the spike in the import numbers is clear, no clear action has been taken yet; policymakers, however, agree that restrictions must be placed on private trading houses. Private jewelry exporters are the main customers and account for a massive number of the bulk for the demand of gold. "India sharply restricted gold imports in early 2013 as the country battled a balance of payments crisis triggered by the U.S. Federal Reserve's announcement that it would start to ease its programme of quantitative easing. But it eased some of the measures after India's current account deficit fell sharply from the record high of 4.8 percent of gross domestic product in the fiscal year ended in March 2013 to 1.7 percent in the quarter ending in June."
Amanda Anna G

Balance of payments narrows but remains in surplus for fourth year in a row | The Finan... - 0 views

www.financialexpress.com/...17010

balance-of-payments

shared by Amanda Anna G on 15 Dec 14 - No Cached
  • Mariam P on 15 Dec 14
     
    This article talks about the balance of payments in India. The trade deficit rose which caused an increase in foreign exchange reserves.
  • Amanda Anna G on 15 Dec 14
     
    This article is about the balance of payment in India. It has narrowed, but still a surplus remains for the fourth year in a row
Daniel B

Little to fear but fear itself - 0 views

www.economist.com/...-african-economies-little-fear

demand goods commodities Africa China Brazil India

shared by Daniel B on 25 Sep 13 - No Cached
  • Daniel B on 25 Sep 13
     
    Africa is or rather used to be the biggest exporter of raw materials. The demand on their commodities come mostly from China, Brazil as well as India. The cooling in economy of China causes drop in demand for oil, wood etc.
  • Yassine G on 27 Sep 13
     
    I think Africa is one of the richest continents, if not the the richest, however, unfortunately its people are amongst the poorest and least developed in the world.
Fiete M

Rajan Needs Help From Delhi in Inflation Fight - 0 views

blogs.wsj.com/...m-new-delhi-in-inflation-fight

elasticity india demand money inflation

shared by Fiete M on 29 Oct 13 - No Cached
  • Fiete M on 29 Oct 13
     
    This article shows how elastic Indias currency the Rupie is, and how a small increase in interest rate can cause a huge increase in inflation
Daniel Soto Aggard

RBI wants to maintain status quo till supply-side scenario improves: Glenn Saldanha - 0 views

www.business-standard.com/...n-saldanha-114100100052_1.html

supply side

shared by Daniel Soto Aggard on 06 Oct 14 - No Cached
  • Daniel Soto Aggard on 06 Oct 14
     
    This is an article concerning the Reserve Bank of India and its problem with inflation. The article discusses how the Govenor of the Reserve Bank of India will commit to his supply side policies in order to reduce in inflation by January next year. Very simple but interesting read that could spark one's interest into further investigating the issue.
Clemence Lafeuille

Govt sets up Export Promotion Council for telecom sector - 0 views

articles.economictimes.indiatimes.com/...ector-export-promotion-council

export promotion india LEDC development

shared by Clemence Lafeuille on 28 Feb 15 - No Cached
  • Clemence Lafeuille on 28 Feb 15
     
    This article is about an export-promotion strategy the government is going to follow to promote the telecom sector. Increases in the revenue from this sector are expected, and I found the article very interesting since India is one of the developing countries developing at the fastests rates.
Fiete M

Vote on Account 2014: Scrapping state monopoly over coal a priority for next government - 0 views

articles.economictimes.indiatimes.com/...eneration-capacity-power-lines

monopoly coal

shared by Fiete M on 18 Feb 14 - No Cached
  • Fiete M on 18 Feb 14
     
    This article talks about how the new government is supposed to get rid of the governments monopoly on coal
Marenne M

Apple's 9 million iPhone weekend: The good and bad - CBS News - 1 views

www.cbsnews.com/...phone-weekend-the-good-and-bad

Demand

shared by Marenne M on 30 Sep 13 - No Cached
Clemente F liked it
  • the stock closed last Friday at $467, well off the 52-week high of $705
  • 5C as an attempt to shore up the low end of the market
  • expand market share
  • ...6 more annotations...
  • price of the 5C, starting at $99 for what a U.S. consumer would pay with a two-year service commitment with a mobile carrier, was nowhere near low enough
  • more price sensitive
  • missed its opportunity to improve its standing in such important markets as China and India
  • a small share would be a significant boost over previous years
  • sold out virtually everywhere
  • old out customer satisfaction and convenience to fuel its need for PR
  • Marenne M on 30 Sep 13
     
    This article describes the sales of the new Iphone 5s and 5c over the first weekend. They had a great number of sales, however the demand for the Iphone 5c is not what they expected. It is said that the price is still too high for their target market. Apple was hoping to expand their market into Asia by producing a cheaper version of the IPhone in order to increase their market share, however it is likely that they will fail to do so, because the demand will remain low as the product is still not affordable for many Asians. Relating to our question of the week, the price helps allocate a product in the free market because it determines who the target market is, and if the pricing is off, it will effect the efficiency of the sales.
  • Marenne M on 30 Sep 13
     
    This article describes the sales of the new Iphone 5s and 5c over the first weekend. They had a great number of sales, however the demand for the Iphone 5c is not what they expected. It is said that the price is still too high for their target market. Apple was hoping to expand their market into Asia by producing a cheaper version of the IPhone in order to increase their market share, however it is likely that they will fail to do so, because the demand will remain low as the product is still not affordable for many Asians. Relating to our question of the week, the price helps allocate a product in the free market because it determines who the target market is, and if the pricing is off, it will effect the efficiency of the sales.
Daniel B

Five economic issues that have the RBI Governor Raghuram Rajan worried - 1 views

articles.economictimes.indiatimes.com/...m-rajan-q4-slow-paced-recovery

shared by Daniel B on 25 Mar 14 - No Cached
  • Fiete M on 25 Mar 14
     
    This article talks about five important economical problems
  • Daniel B on 26 Mar 14
     
    ("Growth in 2013-14 is likely...) NEW DELHI: In its macroeconomic Review of the economy, the Reserve Bank of India has underlined various risks to a sustained recovery for the economy. RBI is of the opinion that a durable domestic recovery remains contingent on addressing persistent inflation and bottlenecks facing the mining and infrastructure sectors.
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