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Sondos 2

Sticky price line weighs on rate roster - 0 views

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    India, Mumbai, April 12: The weak industrial output numbers may have sparked calls for a pause in monetary tightening, but the Reserve Bank of India is unlikely to oblige. Also, a sticky inflation situation may force the RBI to raise key rates for the ninth time in 15 months.... It seems as though India is stuck between raising interest rates and reducing inflation or reducing interest rates for the sake of maintaining and stimulating its economic growth...
Sondos 2

India on the move... - 0 views

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    In India, new cars are being registered at a rate of nearly two million per year. The Indian auto industry has become the world's seventh largest, now having overtaken every European country except for Germany. This exponential rate of production comes at an opportunity cost however. A mixed externality takes place. The stimulation in the auto industry increases the demand, and therefore the possession of cars in the country, which will hence increase the amount of green house gases released by general motor transport, aggravating atmospheric pollution.
Abhinav S

Economic Growth in India expected to slow down next year - 0 views

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    This article indicates that economic growth in India will slow down to a little over 8 % in fiscal year 2012. This is in part due to a spike in interest rates in order to curb inflation. An increase in interest rates attracts saving and deters investment (the cost of borrowing is higher). In addition to this, the increased saving reduces the amount of expenditure in the economy thus contributing to slower economic growth. The reduction is also attributed to a slowing manufacturing and services sector (which is expected to have strong momentum in 2011 but slower growth in 2012).
Merab K

India: Economic development, corruption and inequality - 0 views

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    this article talks about how corruption and inequality hamper economic development of India. As we have studied, economic development depends on three factors. These are poverty, unemployment and equality. This article says that there's corruption and inequality in India. So it is clear why there are problems in economic development of India
Jaewan H

As India grows prosperous, inflation starts spiraling - Business - 1 views

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    It is an old article but still inflation is one of the biggest issues in India these days. the article discusses about how inflation broke out in India and compare the affect of inflation in India and other developing countries
Merab K

SEZ zone necessary for economic growth of Amritsar: Navjot Singh Sidhu - 0 views

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    This article is about India and the lack of SEZs (special economic zones). Navjot Singh Sidhu, Indian politician, says that creation of SEZs is crucial to the economic growth of India. He says that SEZs would attract foreign investors to the local area and create employment opportunities for unemployed youth.
Sondos 2

India's Food Inflation Slows to 3-Month Low on Supply Boost After Harvest - 0 views

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    This article discusses how India, as well as most Asian countries are susceptible of experiencing a cost-push inflation in the near future due to the progressively increasing oil prices (which would increase production costs significantly, reduce output, and increase prices). Also, details concerning India's agricultural sector in relation to inflation rates are also discussed.
Nabil E

No Plan to Lift Diesel Price Control - 0 views

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    This articel reveals the unwillingness of India to relinquish control over oil prices. This because of a need to keep them managable for their large poor population and to control inflation.But the are lifting these prices incrementally to prepare them for market control
Sondos 2

Asian Currencies Fall as China Rate-Rise Hurts Export Outlook - 0 views

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    Asian economic growth and expansion, more notably in Indonesia and India trigger a rise in the countries' respective currencies.
Mitchell B

WTO talks: Ministers meet today - 0 views

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    This article discusses how more developed countries pressure the less developed countries into conceding resources to them.
Sondos 2

Dani Rodrik: The Poverty of Dictatorship - 0 views

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    Perhaps the most striking finding in the United Nations' recent 20th anniversary "Human Development Report" is the outstanding performance of the Muslim countries of the Middle East and North Africa. Here was Tunisia, ranked sixth among 135 countries in terms of improvement in its Human Development Index, or HDI, over the previous four decades, ahead of Malaysia, Hong Kong, Mexico and India. Not far behind was Egypt, ranked 14th. The HDI is a measure of development that captures achievements in health and education alongside economic growth. Egypt and especially Tunisia did well enough on the growth front, but where they really shone was on these broader indicators...
Wonwoo C

Over a billion people now: A colourful depiction of momentous times in a giant country - 0 views

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    This article is about a book which assesses the progress of the Indian economy. Nehru, India's first prime minister implemented an extreme version of a Keynesian economy that even "Keynes would have found fiscally impossible" India sought to increase industrial output through government spending, which had disastrous consequences for the Indian economy. It took Manmohan Singh's radical turn away from state intervention to bring it back up. The articles elaborates further.
Nabil E

Macroeconomic indicators - Address supply side issues to tame inflation - ASSOCHAM - 0 views

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    This article is about the advice of leading industry body ASSOCHAM to the government of India. ASSOCHAM says that the most effective way to bring down the inflation rate is to address supply-side issues, rather than to mess with monetary policy. India's inflation rate has increased from 8.31% to 8.98% from last month.
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    This industry speciifc article discusses the demand by the Steel manufactures for supply side policy in india to combat rising inflation. They also want an end to monetary policy which they feel is not working. The government has stated that inflation is falling and there is growth.
Noah F

Demand for diamond picks up globally - 0 views

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    This article discusses the demand for diamonds in the past few years and how the demand for diamonds is finally picking up after several years of low demand. This article talks about how people couldn't afford diamonds as much with the economic meltdown so demand went down.
Merab K

Steel demand - 0 views

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    This article talks about the steel demand and how it continues to increase. It predicts that steel demand will rise 5.3% in 2011. It also mentions places where steel demand is higher than others.
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    Merab i agree with you its an important issue i also found a website where is said how organizations are trying to increase the recovery rate of this product. http://www.ibtimes.com/articles/68203/20101004/steel-demand-china-india-us.htm
Javier C

Gold, silver rise on global cues, seasonal demand - 1 views

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    This is an article that talks about how the silver demand is rising because of the economic crisis and the general want to invest in safer values such as precious metals. That's why silver price is rising.
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    Silver has became a precious resource that only a few of lucky people can have. Its demand has rise due to the fact the economic crisis has affected a lot people's economic prospectives. Therefore, the prices have increased and this is producing others to invest more in metal than silver.
Merab K

India relaxes price controls on drugs - 0 views

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    This article talks about Indian government relaxing price controls of drugs. It now controls 74 bulk drugs, but this number is expected to halve under new policy. Currently, there are price controls on formulations with a 50% market share and annual turnover of 40million rupees. This figure will be relaxed to 250m.
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