Indian Economy-News & Updates

[Sergi]

haha big mouth again

I come here just for laughing at big talk Indians, they always big talk but get failed, delayed, very fun

ok that's funny guess what your English

 

[India defense]

haha big mouth again

I come here just for laughing at big talk Indians, they always big talk but get failed, delayed, very fun

I come here to read your funny english....

 

[kkacer]

I come here to read your funny english....

Chinese is the most spoken language in the world

Many Western people are learning Chinese now, only India needs to learn english

 

[kkacer]

IMF Cuts India’s Growth Forecast For 2012 To 4.9%

13th October

NEW DELHI – The International Monetary Fund (IMF) has slashed India’s growth forecast to 4.9 per cent for 2012 due to low business confidence and “sluggish structural reforms”. The IMF had in July projected a growth rate of 6.1 per cent for the current year.

“India’s activity suffered from waning business confidence amid slow approvals for new projects, sluggish structural reforms, policy rate hikes designed to rein in inflation, and flagging external demand,” IMF said in the World Economic Outlook (WEO) released in Tokyo ahead of the IMF-World Bank 2012 Annual Meetings.

IMF Cuts India’s Growth Forecast For 2012 To 4.9 Percent

bad news?

I feel so sad

 

[Backbencher]

Chinese is the most spoken language in the world

Many Western people are learning Chinese now, only India needs to learn english

Its called Mandarin , isn't it fake Chinese

 

[Backbencher]

bad news?

I feel so sad

Don't you degrade the quality of the thread with your stupid and low IQ posts and just G.T.F.O. of here

Btw back on the topic

m.moneycontrol.com/news/economy/worst-may-be-over-for-india-economy-poll_767719.html

 

[Night_Raven]

Ford India plans to more than double sales network by 2015

MUMBAI: Ford Motor Co's India unit plans to expand its sales network to 500 outlets by 2015, from 230 now, it said in a statement on Monday.

Ford, which is spending $1 billion on building a second factory in India, will have the capacity to build 450,000 cars and 600,000 engines in the country by 2015.

Ford India plans to more than double sales network by 2015 - The Economic Times

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Dilip Chhabria to set up two showrooms and an assembly unit in Gujarat

AHMEDABAD: Automobile designer Dilip Chhabria is planning to establish assembly center as well as two showrooms in Gujarat soon. DC Design wants to set up showrooms in Ahmedabad and Surat while the assembly unit will be set up near Ahmedabad. Chhabria will invest Rs 10 crore for the assembly unit.

"We have 22 products and we already have six centres in India and we want to set up 16 new showrooms in near future across the country. We are going ahead with franchisee model for showroom. Ahmedabad showroom is expected to register sale of around 40 cars per month. All these showrooms will also sell India's first super car DC Avanti too," Dilip Chhabria told ET. He added that the assembly unit will be spread across around 60,000 square feet.

Mr Chhabria was in the city to address engineering students at the Indian Institute of Technology Gandhinagar ( IITGN) on Saturday about importance of design in automobile sector. "We have seen that good designed cars are constantly doing well in India. Design is all about predicting future and engineers need to come out from their comfort zone and they need to be innovative. As many as 90% vehicles are sold in mature markets and design is very important factor for success," Chhabria told students.

When ET asked him about failure of Tata Motors' ambitious Tata Nano in the market, Chhabria said that the Rs 1 lakh tag itself played spoil sport. "Before the car was launched, there was an expectation that the supply will remain lower against huge demand, but currently, the company has to push the car by various schemes. It is a marketing failure. For the most of people, a car is still a aspiration and a status symbol. Nobody would like to buy a car that has been projected as the cheapest car," he said.

Dilip Chhabria to set up two showrooms and an assembly unit in Gujarat - The Economic Times

 

[Abhishek_]

State firm on DMRC implementing Kochi metro

A high-level meeting convened by Chief Minister Oommen Chandy here on Monday decided to stick to the Cabinet decision of entrusting the implementation of the Kochi Metro Rail project to the Delhi Metro Rail Corporation.

The meeting, held ahead of the Kochi Metro Rail Ltd’s director board meeting here on Friday, also decided to convey the State government’s decision to the Union Ministry of Urban Affairs on handing over the work to the DMRC, besides putting pressure on the Central government to relax certain norms imposed by the Central Vigilance Commission with regard to handing over project works to consultants of the same work. The Chief Minister would personally take up the issue with Prime Minister Manmohan Singh and Union Minister for Urban Affairs Kamal Nath, sources said.

According to sources, the decision of the high-level meeting virtually commits the State government representatives on the Kochi Metro Rail board to carry it forward when the board meets on October 19. Despite the decision, there appears to be areas that lack clarity about handing over the job to the DMRC since the meeting was not able to come to a conclusion whether the Supreme Court observations in the 2G case relating to adopting of tender route would have any bearing on the final outcome, sources pointed out. Besides Power and Transport Minister Aryadan Mohammed, the high-level meeting was attended by KMRL Managing Director Elias George and Finance Secretary V.P. Joy.

The Hindu : States / Kerala : State firm on DMRC implementing Kochi metro

a better decision imo, we need to build our own expertise instead of outsourcing consulting work to foreign companies.

 

[WS-10 Engine]

u need to keep ur dumb mouth shut....stop peddling nonsense.go tend to ur butt hurt elsewhere.

Stock markets comprise of Shares,Debentures and Bonds ,the rise in points represent trends in market activity usually in a backdrop of better r worsning sentiment. All stock rise if the buying activity increases and falls on a selling pressure.

Inflation represents the rise in cost of consumption based commodities. only a dumb Chinese would equate these two together.Brain dead mongrels.

newbie.

Inflation is the rise in price of everything.
Rising wages are called wage inflation.
Rising home prices are inflation.
Rising healthcare costs is inflation.

When you expand the money supply, you add liquidity, that extra money is used by investors to speculate on everything. Now that investors have all that liquidity they put that money into things like stocks and bid up the stock prices.
Most of it goes to stocks and commidities.

The whole point of QE1 and 2 was to boost asset prices in the stock market to create the wealth effect.

Try harder, much much harder.

 

[IndoCarib]

newbie.

Inflation is the rise in price of everything.
Rising wages are called wage inflation.
Rising home prices are inflation.
Rising healthcare costs is inflation.

When you expand the money supply, you add liquidity, that extra money is used by investors to speculate on everything. Now that investors have all that liquidity they put that money into things like stocks and bid up the stock prices.
Most of it goes to stocks and commidities.

The whole point of QE1 and 2 was to boost asset prices in the stock market to create the wealth effect.

Try harder, much much harder.

How does one have enough liquidity, when there is inflation ? Rising inflation means decreasing purchase power !

 

[IndoCarib]

CHENNAI: Riding on a full stable of products with high local content, General Motors India has reached its ambitious target of sourcing automobile parts worth $1 billion from India.

Top GM India officials said that the company currently sources half of that amount for its global operations and the balance for its own use in India. GM officials have talked about hitting the $1 billion mark in component sourcing out of India for the past couple of years.

Speaking to TOI, GM India president and MD Lowell Paddock said: "Currently, our annual purchase value is half-a-billion dollars worth of parts for our own use and another half-a-billion dollars worth for exports. Globally around $500 million worth of automotive parts are sourced from India for use outside India every year."

General Motors sources $1bn parts from India - The Times of India

 

[kkacer]

India inflation hits 10-month high!


October 16, 2012

India's inflation accelerated to a 10-month high, hitting 7.81 per cent in September, data Monday showed, diminishing chances of an interest rate cut to jumpstart a sharply weaker economy.

The September figure was a blow to business leaders who have pressed India's hawkish central bank to cut rates to boost growth which has slowed dramatically.

This is a disappointing number.

India inflation hits 10-month high as rate cut hopes fade


Poor India

 

[IndoCarib]

India inflation hits 10-month high!


October 16, 2012

India's inflation accelerated to a 10-month high, hitting 7.81 per cent in September, data Monday showed, diminishing chances of an interest rate cut to jumpstart a sharply weaker economy.

The September figure was a blow to business leaders who have pressed India's hawkish central bank to cut rates to boost growth which has slowed dramatically.

This is a disappointing number.

India inflation hits 10-month high as rate cut hopes fade


Poor India

Is your vocabulary limited to just 2 words ?

 

[India defense]

This thread has become Chinese trolling thread.....

And it shows how much Chinese are jealous of India....

 

[Night_Raven]

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^^ Don't feed the ***-burnt trolls , haters gonna hate.
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India to spend Rs 250 crore for biodiversity capacity building

HYDERABAD: The Centre has earmarked Rs 250 crore to conserving biological diversity by strengthening the institutional mechanism and upgrading the human technical capabilities of the state and central organisations set up for this purpose, Prime Minister Dr Manmohan Singh said on Tuesday. He was here to inaugurate the conference of parties (COP) on biological diversity in India.

The other measures as elaborated by Singh to conserve and maintain ecological balance include tweaking the national rural employment guarantee scheme to create green jobs for rural households and allocating funds to developing countries to attain the bio diversity objectives.

Calling upon other parties and countries to work towards reviving biodiversity based livelihood options and adopt the Nagoya protocol, Singh said, "I would urge all the parties to formalise the Protocol because global action is imperative and cannot brook delay." India recently ratified the Nagoya Protocol - a treatise that is internationally binding on countries to work towards the conservation of biological diversity and related goals.

The first COP in India hosted in Hyderabad met to discuss issues pertaining to conserving the flora and fauna and to arrive at a consensus on how to achieve the biodiversity targets set globally by the United Nations.

The three week-long conference is being attended by more than 5,000 delegates from over 185 countries.

India to spend Rs 250 crore for biodiversity capacity building - The Economic Times