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More Commentaries |
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Vanilla sky
Just when economists were seeing the signs of ‘green shoots’, a sub-par performance
of India’s annual ‘monsoon’ rainfall have given way to fresh concerns that budding
economic upturn could be short lived. A bad monsoon can easily knock a percentage point or so, off India's GDP growth, that has been predicted to be around 6 per cent.
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Maharaja’s depression
Even as high tides of recession hit Indian shores, Air India stood like the rock of Gibraltar, unwavered by any troubles. But it took just a few months for truth to emerge. As AI unabashedly declared its financial woes and knocked on govt.’s door for a bailout- a quandary remains for thousands of helpless employees whose salaries are being delayed and much worse, might have the pink slips waiting. What kept AI recession proof for months? Why didn’t the govt. keep a check on its account books? Is the top management accountable for this emergency landing?
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Subscribe | More Reports |
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Budget 2009: Industry wish list
Industry expectations are very high from the newly elected UPA government. They are hoping that Finance minister Pranab Mukherjee will present an industrial and investment friendly budget in the next month. Indiabiznews provides to its readers a snapshot of industry wish list. |
A Passage to India
When it comes to cracking the conundrum of the Indian consumer, the key to success is adaptability. The winners will be those who enter into the fabric of society and work with Indians as partners. |
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| Sensex (Thursday Closing) |
| 14658Ý |
| Nifty (Thursday Closing) |
| 4348Ý |
| Re /US $ (Thursday Closing) |
| 47.95ß |
| Industrial Production (Apr'08- Mar'09) |
| 2.4% |
| Inflation (Wk ended 20/06/09) |
| -1.3% |
| Forex reserves (as on 19/06/09) |
| US$ 263.65bn |
| FDI Inflows (Apr'08 - Apr'09) |
| US $27.30bn |
| Imports (Apr-May'09) |
| 33.05% |
| Exports (Apr-May'09) |
| 20.37% |
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