India’s CEOs buck the global sentiment with their enthusiasm for expected improvement in business climate, says PwC survey Global chief executive officers are less optimistic about improvement in economic growth in 2015 compared to a year ago; they rank the US the most important growth market over the next 12 months, ahead of China, the first time in five years. India’s CEOs, however, buck the global sentiment with their enthusiasm for expected improvement in business climate. These ... Rediff.com, 6 days ago
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India’s macroeconomic environment is improving, but it is still not past the point where it can ignore the developments in the global markets Indian markets have seen some heavy selling in the first week of 2015, spoiling the market's bullish mood seen in the second half of 2014. Most of the selling in India was on account of the turmoil in global economies. But with FII money driving Indian markets, investors will have to look keenly at these developments along with those in India. As ...Rediff.com, 2 weeks ago
If you are on a business trip to any of these cities, travelling can be a nightmare and here’s why. Image: An aerial view of Gateway of India, Mumbai. Photograph: Reuters Each one of us may have few frustrating travelling experiences. There may have been times when you were stuck up in bad traffic and had eventually landed up late for your job interview or any such important event. Be it any country, commuting issues prevail everywhere, but there are cities where travelling may be ...Rediff.com, 1 month ago
Venezuela: Venezuelans may be struggling with shortages of basic food items, but Christmas treats were in abundant supply on Saturday.With some help from the Ministry of Nutrition, some cooks set a record for making the world’s biggest ...IndiaTV News, 2 months ago
Image: A goldsmith at work. Photograph: Reuters In eight months, India has already imported gold worth $24.4 billion; at this rate, the golden metal might squeeze our external balance. According to 2013-2014 data, India had trade deficit with 81 countries. Top 10 countries with which India's trade deficit had widened during that period are China, Kuwait, Qatar, Venezuela, Indonesia, Korea, Angola, Japan, Belgium, UAE and Mexico. Trade deficit happens when a country's imports exceeds its ...Rediff.com, 2 weeks ago
This is the season for hope and forecasts. As the calendar preps itself to reset to January 1, we look at the things we hope will be granted in 2015. Some of these are simple while others will require some work. So here are things we wish we will get in the new year. 1. Safety for womenFrom cab services to simply walking on the street, everyone is looking forward to 2015 as being a safer place for women; 2014 certainly was not. Demonstrators hold placards during a candlelight ...Rediff.com, 4 weeks ago
Trade sanctions on Russia by Europe and the US offer an opportunity for India, but the devaluation of the rouble may play spoilsport A team of Russia’s phyto-sanitary watchdog, Rosselkhoznador, was in India in October and November, visiting dairy plants across the country. These were units that had shown interest in exporting to Russia, Belarus and Kazakhstan. One news report, quoting trade sources, said the inspectors were satisfied with the manufacturing processes of the dairies, and ...Rediff.com, 1 month ago
While growth and policy paralysis also loom, strategists are looking at risks that are likely to upset financial markets, says Malini Bhupta. After an unprecedented correction, financial markets are back in the green, thanks to the continued dovish stance of the US Federal Reserve. However, the risks continue to loom. Strategists are looking at the top five of these that are likely to roil the financial markets. Severe dollar strength If the dollar rises further against ...Rediff.com, 1 month ago
The 30-share Sensex ended down 538 points at 26,781 and 50-share Nifty ended down 152 points at 8,067. BBenchmark share indices ended at seven-week lows after sharp decline in the rupee, widening trade deficit and global growth concerns led to sell off across the board by investors. Further, profit booking by foreign institutional investors in the previous sessions also weighed on market sentiment. The 30-share Sensex ended down 538 points at 26,781 and 50-share Nifty ended down 152 ...Rediff.com, 1 month ago
SEOUL: A US citizen who illegally entered North Korea delivered a lengthy denunciation of US domestic and foreign policy today and said he was seeking political asylum in Venezuela, the North’s official media said. The man identified himself as Arturo ...Himalayan times, 1 month ago
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