Tuesday, April 26, 2011
Tuesday, April 19, 2011
Saturday, December 26, 2009
Wednesday, June 3, 2009
This is what The NewYork Times is speaking about Indian elections.... it's very well said...please read.
It is truly the greatest show on Earth, an ode to a diverse and democratic ethos, where 700 million + of humanity vote, providing theirsmall part in directing their ancient civilization into the future. Itis no less impressive when done in a neighborhood which includesde-stabilizing and violent Pakistan, China, and Burma.
Its challenges are immense, more so probably than anywhere else, particularly in development and fending off terrorism -- but consideringthese challenges and its neighbors, it is even more astounding that themost diverse nation on Earth, with hundreds of languages, all religionsand cultures, is not only surviving, but thriving.
The nation where Hinduism, Buddhism, Jainism, and Sikhism were born,which is the second largest Muslim nation on Earth; where Christianity has existed for 2000 years; where the oldest Jewish synagogues andJewish communities have resided since the Romans burnt their 2nd temple;where the Dalai Lama and the Tibetan government in exile reside; wherethe Zorostrians from Persia have thrived since being thrown out of theirancient homeland; where Armenians and Syrians and many others have tocome live; where the Paris-based OECD said was the largest economy onEarth for 1500 of the last 2000 years, including the 2nd largest, only200 years ago; where 3 Muslim Presidents have been elected, where a Sikhis Prime Minister and the head of the ruling party a Catholic Italian woman, where the President is also a woman, succeeding a Muslim President who as a rocket scientist is a hero in the nation; where abooming economy is lifting 40 million out of poverty each year and isexpected to have the majority of its population in the middle classalready, equal to the entire US population, by 2025; where its optimismand vibrancy is manifested in its movies, arts, economic growth, and voting, despite all the incredible challenges and hardships; where all the great powers are vying for influence, as it itself finds its place in the world.
Where all of this is happening, is India, and as greater than 1/10th ofhumanity gets ready to vote, it is an inspiration to all the World.
- V Mitchell, New York, NY
Friday, May 1, 2009
WASHINGTON (Reuters) - The World Bank on Thursday approved $400 million in funding to help small and medium-sized enterprises in India cope with the global credit crisis.
The loan will be made to the Small Industries Development Bank of India (SIDBI), which will make available financing to small and medium-sized companies that are finding it hard to get access to credit. It will also go toward refinancing banks and other institutions that lend to small and medium-sized enterprises, known as SMEs.
"This project is part of a larger program of support in response to the government of India request for funding in light of the financial crisis," said Roberto Zagha, World Bank country director for India.
"It is targeted particularly at SMEs, to help address the credit slowdown that has resulted from the financial crisis," he added.
Zagha said credit growth to SMEs has fallen over the last year, which has affected overall growth and development.
Wednesday, October 15, 2008
Yes, we are witnessing worst time in the stock market industry, but this is just the result of fear and uncertainity in the global economy. So, the conclusion is not to worry about your deposits in Indian banks and just chill! If you are an indian stock investor you may find this article (What to do in such turbulent times? ) to decide upon your strategies to face the stock market uncertainities.
Saturday, September 27, 2008
We will be doubling our investments in India next year. There is no envelope to the number as long as it is strategically and economically sound investment,said Peter Brabeck-Letmathe, chairman of Nestlé SA.
The inflation has also struck companies and the pressure of increased raw materials problem worries even Nestle. But the company officials said the solution for this will be planned soon and only consumers won't pay for that entirely. Currently, Nestle India accounts for 1.5% of total turnover of the company - pretty low according to me considering the number of young people and especially choco-crazy girls in India. Nestle India has already registered 25% growth in the first half of this year.
As a part of its special marketing initiative to serve the needs of the price-sensitive consumers in India, Nestle has dedicated its Uttarakhand plant for designing, formulating and packaging products under Rs 10 price point. Identifying the huge growth potential in developing markets, Paul Bulcke, CEO of Nestlé SA, said that the developing markets currently accounting for one-third of its business would grow significantly. The company also sees the recent Chinese milk scare as an opportunity to provide safer options for consumers rather than a threat to its sales.
The company will continue to grow from being an agri-based to a nutrition, health and wellness company with a focus on regional products.