| Policy momentum required | 22-NOV-09 |
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| The government has to play a bigger role in infrastructure development to improve valuations of related sectors. |
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| Devangshu Datta: When Obama bows right | 21-NOV-09 |
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| North Indians travelling south of the Vindhyas experience disconnect in terms of body-language versus verbalisation. “Yes” in those parts is emphasised with a side-to-side shake of the head. That gesture means “no” in most other places. Foreigners visiting India are often equally foxed by namaskars. Putting palms together is common to many forms of prayer and not employed much as a peer-to-peer greeting outside India. |
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| T N Ninan: Think the future | 21-NOV-09 |
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| The time may have come for India to stop thinking of five-year plans, and to focus instead on 10- and 20-year scenarios. Long-term scenario-building achieved a new level of popular awareness when Goldman Sachs came out with its Brics report, in 2003 — positing that India and China would become two of the three largest economies in the world in the space of roughly one generation. |
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| Missing: An employment plan | 19-NOV-09 |
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| A number of recent incidents, many of which pose a threat to social order, highlight the stress that the economy faces in terms of generating jobs for larger numbers of aspiring young people. Between 12 million and 15 million new jobs need to be generated each year to accommodate new entrants into the workforce, beyond the number needed to take care of the backlog of unemployed. Only a small fraction of those numbers is actually available, particularly in the organised sector. The recent demand by the Maharashtra Navnirman Sena (MNS) that the State Bank of India recruit only Marathi-speakers for 1,100 jobs being offered in the state is an acute reflection of the problem — as is the fact that people with post-graduate management degrees have been applying in large numbers for clerical jobs in banks. As in most large-scale recruitment programmes in the public sector these days, the number of applicants is almost 100 times the number of openings. |
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| G-20 at centre of US' cooperative effort: Geithner | 18-NOV-09 |
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| Noting that G-20 is the premier forum for international economic co-operation, US Treasury Secretary Timothy Geithner has told lawmakers that the Obama Administration is placing the forum at the centre of its global economic cooperative effort. |
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| India's economy may grow by 6-7% in FY10: CII | 17-NOV-09 |
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| India Inc today projected the country's economic growth in the range of 6-7 per cent for this fiscal, but slackening global demand remains a major concern for the community, industry body Confederation of Indian Industry (CII) said. |
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| Japan economy grows at 4.8% | 17-NOV-09 |
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| Japan’s economy expanded at the fastest pace in more than two years in the third quarter, led by a rebound in domestic demand that may ease concern of a return to recession next year. |
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| India to be $2 trn economy by 2014-15: Enam | 16-NOV-09 |
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| India will be a $2 trillion economy in the next five years as its GDP growth is likely to average at 12 per cent in nominal terms, powered by a huge consumption demand, Enam Securities has said. |
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| Stimulus rollback not at one go: Cabinet Secy | 16-NOV-09 |
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| With the economy showing mixed signals of recovery, the government today said all components of stimulus packages may not be withdrawn at one go when the rollback process kicks in, which is unlikely this year. |
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| IMF chief again says Chinese yuan should rise | 16-NOV-09 |
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| International Monetary Fund (IMF) chief Dominique Strauss-Kahn today reiterated that a stronger yuan would help bolster China's economy, amid mounting pressure on Beijing to let the currency rise. |
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| India, China to play greater role in global eco: expert | 16-NOV-09 |
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| The emerging markets like India and China will play a bigger role than earlier in the global economy and there would be continuous development in Asian urban centres when the recession ends, a leading investment expert said here. |
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| Japan's eco posts strongest growth since 2007 | 16-NOV-09 |
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| Japan's economy grew at the fastest pace in two and a half years in the third quarter of 2009, smashing market forecasts and extending a recovery from the worst downturn in decades, data showed today. |
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| Early signs of a recovery | 16-NOV-09 |
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| The global economic recovery augurs well for domestic companies having a large exposure to overseas markets. |
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Content Guide
