Just how fast can India grow? Ask Manal Farooq, who can’t make gloves quickly enough.
“We are facing a major problem,” said Farooq, a senior executive at Marvel Gloves Industries, which produces 3 million pairs of gloves a month, most used in industrial production in India. “Despite importing gloves we are not able to meet demand.”
The [...]
Posts Tagged ‘india’
India aims to be world’s fastest growing economy
March 11th, 2010 by Financial Writer
Tags: businesses, economic survey, great recession, growing economy, household, india
more...Invest with a long-term perspective
August 10th, 2009 by Financial Writer
With news having come in that the National Hydroelectric Power Corporation (NHPC) initial public offer (IPO) has already got over-subscribed, it might appear that reviewing this IPO is an exercise in futility. Nonetheless, we are undertaking it with a view to informing our readers about its pros and cons, and to influence those who have [...]
Tags: india, Invest, National Hydroelectric Power Corporation
A financial crisis, 10 countries, 10 solutions
July 14th, 2009 by Financial Writer
United States
GDP -1.6%
Inflation 0.2%
Unemployment 8.1%
Markets -10.7%
Gallon of gas $1.99
Interest Rates 0% to 0.25%
Challenges Home prices have plummeted since the summer of 2007, devaluing many of banks’ holdings that were backed by mortgages. To prevent further losses, banks largely stopped lending. The economic downturn that ensued led the economy to shed 4.4 [...]
Tags: brazil, China, financial crisis, germany, iceland, india, japan, mexico, rusia, UK, us
The year 2009 “is a crucial year” for India and the European Union (EU)
June 26th, 2009 by Financial Writer
The year 2009 “is a crucial year” for India and the European Union (EU) to find ways to address common challenges posed by climate
change, energy and terrorism, a top official of the 27-member grouping said here Friday.
India and the EU are “two natural partners” and they need to find ways to fight all those challenges [...]
Tags: energy, european union, india, terrorism
India - Commercial property mart claws back
June 5th, 2009 by Financial Writer
The commercial realty market is showing signs of revival again after rentals plummeted 40% till the year ended March 2009. Fresh lease deeds are being signed again for office spaces, albeit at much lower rates than before.
According to a report by Colliers International, office rentals dropped 10-40% between Q1 of 2008 and Q1 2009 in [...]
Tags: commercial property, india, realty market