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Sep30
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I feel that this problem is going to be even more dangerous than extreme poverty for India. You can counter poverty with high economic growth but you can fill ground water level. New York has published an alarming report about this problem: India Digs Deeper, but Wells Are Drying Up, and a Farming Crisis Looms. By reading the report, you can understand the severity of the problem.
Most people in rural India depend on farming for their livelihood. If ground water drops below reach then it will have devastating consequences for Indian farmers. However, not too many people are concerned about the problem. Not even the Indian government and the Indian media.
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Sep30
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Rising oil price is hurting many countries in the world. India is not an exception either. India is able to sustain the pressure of oil price because of good foreign exchange earning from IT and NRIs but Indian economy is...
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India is not a rich country and many people feel that India is good for budget travelers. May be, India is ideal for budget tourists as compared to the western countries, life in India is very inexpensive. However, this matter...
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Lakshmi Mitta is the richest man of Indian origin. He is the most powerful steel tycoon of the current time. Earlier this year, his effort to acquire Arcelor SA created stiff opposition from Europe (mostly from France). That time the...
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Sep29
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To boost the economic growth, Indian government is giving a lot of importance on setting up Special Economic Zones (SEZ) by the private companies. Indian government is offering generous tax breaks to foreign and local companies in SEZs. There is...
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I am not sure if it a joke or not but Indian media has treated this news item seriously. Zee News reported: “More than half of the country`s population was reeling under unemployment during 2004-05 with urban India representing the...
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South Korean company Posco is interested to invest nearly $12 billion in India and it is going to be the biggest investment from any foreign company in India. Posco has sought clearance from the Indian government to recognize its proposed...
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Students come to USA from all over the world. It seems that Indian students form the largest group in US among foreign students. According U.S. Ambassador David Mulford in India, there are now nearly 80,000 Indian students studying in India....
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Indian shares have jumped quite significantly today. If this trend remains then soon we will see Indian share index to record high. I know that many people are excited now but I cannot feel so happy. In fact, sudden increase...
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Sep28
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NDTV has just reported about the prospect of having a bumper cotton harvest this season in its report titled ‘India eyes bumper cotton crop as harvest begins.’ I am quoting from the report: “India's cotton harvest is gaining pace and...
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Indian Steel Minister Ram Vilas Paswan is worried that Indian companies will face shortage of iron ore in near future as the demand of iron ore is increasing in India. His fear is not illogical at all. Indian economy is...
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The increasing price of oil is a major cause of concern for all the developing countries. India is not an exception either. The consumption oil is increasing in India because of the continuous economic growth. On the other hand, in...
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India has now perhaps the second fastest economic growths among the big economies in the world. However, it is still behind China in this regard. Bloomberg reported: “Asia's fourth-largest economy expanded 8.4 percent in the three months to June 30...
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Hyundai has enjoyed reasonable amount of success in Indian market in the last few years. Hyundai wants to extend its presence in India and turn India into an exporting hub. It is going to increase its production abilities in India...
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Many people in India think that setting up many Special Economic Zones (SEZs) is the best solution for India for attracting foreign investment. India is trying desperately to attract foreign investment so it can create thousands of new jobs. For...
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Sep27
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Jim Sanderson is not exactly a very famous IT personality. He is the vice president and chairman of enterprise applications vendor, Lawson Software. However, his view about India is very important as Lawson Software has now selected Philippines instead of...
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International Cricket Council (ICC) and Board of Control for Cricket in India (BCCI) are at odds against each other. They do not have any problem on how the game of cricket is being run but they have serious dispute now...
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This is certainly very good news for outsourcing industry of India. Right now, India handles around 8% of US bank transactions and there is a strong possibility that this may increase to 30% by as early as 2010. This will...
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In my earlier post, I stated that the wind of change has started to blow in online ad revenue market in India. Realizing this market opportunity, Yahoo! has now launched search marketing solutions in India. I am quoting from a...
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India may have cost the American workers thousands of jobs in the form of outsourcing but the irony is that India’s local tech sector is still far behind than the developed world. Take the example of search engine marketing business...
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Sep26
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The price of fuel is not increasing in the international market now. In fact, the price of fuel is slowing going down. Now, many people in India are hopeful that Indian government may reduce the price of oil. Well, Indian...
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Yahoo, Microsoft, IBM, HP, Dell- everyone is here in India. These companies are not only making the most of cheap workers in India but also have built a strong presence in the Indian technology market. Compared to them, Google has...
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Most people in India still are not economically well off but they are interested about Information Technology (IT). In fact, thousands of people are now earning their livelihood in IT field. That is why, many students are interested to become...
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Linux has not been able to make any serious challenge to Windows in India in terms of market share until now but things are getting just better for Linux. BusinessWeek has covered this topic in a detailed report titled ‘Linux...
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Sep25
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These days, many of the global coffee giants are seriously targeting India as a lucrative destination. India has always been famous as a tea drinking country and Indian people never became addicted to coffee. Still, companies like Barista, Costa Coffee,...
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Indian students are interested to go to study to pursue higher education especially in business and technology. Until now, US students were not that much interested to come to India and study. However, this is change. Now, many US students...
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Reverse mortgage loan is very popular in the western countries but in India, hardly anyone knows about it. I am very happy that The National Housing Bank (NHB) is now seriously considering the idea of introducing reverse mortgage loan for...
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Sep24
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It is always nice to find that more and more countries are now relaxing visa regime. Of course, for business people, getting visa quickly is always a top priority. I am happy that Japan and India have learnt their lessons...
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I really wish that it was a funny story not a tragic one. Being a poor person in the third world countries is a curse but it seems that now being an elephant is a even bigger curse in India....
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When I saw the report ‘More Indians hungry now than in 1990s’, in Times of India, I could not believe my eyes. For the last few months, I have been continuously writing about the success of Indian economy. So, how...
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India has nearly ten million science graduates. That’s impressive and not too many countries in the world have so many science graduates. However, against a population of 1.1 billion this figure looks unimpressive- just 1% of the total population. Indian...
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Nano-technology is undoubtedly the technology of future. India may be doing very well in outsourcing but the country has a long way to go in nano-technology. That is why, I am happy to see that Indian government has not become...
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Sep23
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Heart disease is never an inexpensive disease. It needs a lot of money to carry out treatments when you suffer from this disease. For India, it is too expensive. It seems that this disease will cost India not only thousands...
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Indian government has taken a special initiative to develop rural infrastructure. It is called 'Bharat Nirman' (Building India). You can find more information about this imitative from the website of this project. From the website, I am giving you the...
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Real Estate is one of the sectors that are now witnessing high growth in India. Because of the continuous high economic growth in India, the demand for office space and shopping malls has increased significantly at a short time. Now,...
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Indian economy is growing rapidly but India is still suffering from a lot of problems. Unemployment is perhaps the biggest challenge for the Indian economy now and there is hardly any hope for millions of Indians. India is shining in...
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Sep22
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A few weeks ago, Kerala government imposed a ban on sale of Coke and Pepsi in the state. Now, the Kerala High Court has lifted the ban and Coke and Pepsi officials in India now have got every reason to...
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Sep20
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India is becoming a very attractive market for online companies. Yahoo has a strong presence in the country and many people use Yahoo services like email, messenger, greeting cards almost everyday. So, I am not surprised at all that Yahoo...
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India is exporting many things these days. It is natural that the country is trying to increase its export. However, India is the only country that exports polio virus to other countries- a record for which India cannot be proud...
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It is great to see that Indian government is gradually realizing the importance of green fuel. India is going to launch its first hydrogen-dispensing Gas Station before the end of this year in Delhi. I am quoting from a report...
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Sep19
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IMF has revised its voting system. In it, China’s voting power has increased while that of India has decreased. To give you an idea about this matter, I am quoting from a report of Hindustan Times: “With today's reform,...
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Sep18
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Indian economy is now growing impressively. One of the areas of Indian economy that will have very fast growth is Insurance. Right now, the size of Indian insurance sector is just $10 billion and by 2010, it may become a...
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IBM has been trying to increase its presence in India in order to take the best advantage form cheap IT workers of India. IBM has already emerged as the largest foreign tech company in India and it is recruiting new...
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Silicon Valley played the pivotal role in American success in Information Technology (IT). Now, India is planning a similar thing. In fact, this idea has not come from Indian government but from Sabeer Bhatia, co- founder of the Hotmail. He...
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Sep17
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Indian car market is expanding fast. By 2010, the size of the market is going to be around 2 million units. Thus, it is a very attractive market for the auto companies. Among the foreign companies, Japan’s Suzuki Motors Corporation...
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In the Middle East, thousands of Indian workers are working and they are contributing a lot to the economies of Middle East countries. Many of them often suffer very nasty kind of abuse. Sometimes, they suffer torture and do not...
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Many countries in Africa have been suffering from poverty for many years. Whatever the reason is, the reality is that Europe and American could not contribute to the development of the continent effectively, until now. They have poured millions of...
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Sep16
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A debate has started between IMF and Indian government about the effectiveness of Special Economic Zones (SEZ). IMF Chief Economist Raghuram Rajan viewed that the special concession given in SEZ may create a negative impact on the Indian economy: "Overall,...
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Indian economy may be shining but Indian rural areas are not shining at all. In the big cities, you can use mobile phone and broadband internet at a very cheap rate. However, you cannot have the same facility in most...
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India is famous for its refreshing tea. People in India irrespective of class, religion and place are fan of tea. Coffee remains in a distant position compared to tea. However, these days, the consumption of coffee is increasing in India....
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Population explosion is number one problem for India. Extreme poverty, high rate of unemployment and illiteracy- all these problems are related to high population growth in India. It seems that India is now suffering from elephant population explosion and India...
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For us, in the media world, it is just a mere statistics. Aviva is axing 4,000 jobs in UK by 2008. It is shifting 1,000 jobs to India. Of course, you can imagine rightly that workers in UK are extremely...
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Sep15
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The good time for the Indian tea industry is coming. Because of severe draught, Kenyan tea production suffered a lot. So, there is a healthy demand for Indian tea. I always feel that the Middle East can be a very...
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No, India does not want to be the champion of 2010 Hockey World Cup. The performance of Indian national team has consistently been so bad for the last few years that hardly anyone expects them to become world champion in...
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Bank of India is one of the major Indian banks. It has presence all over India and it has some branches in 12 other countries. Now, it is going to open branches in Tanzania, South Africa, Belgium, China, Indonesia and...
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At last, we all know that Dell is going to set up its plant in Tamil Nadu in India. Dell signed an agreement with the state government of Tamil Nadu yesterday and the plant will start manufacturing desktop computers within...
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Indian government is now contemplating on the idea of 100% FDI in education sector. That means foreign educational institutes will be able to invest in India directly and Indian children will get the opportunity to study in world class universities...
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Sep14
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Yesterday, one of the entries of this blog got Shoutwired. Until now, I can see that 84 users have shouted it and there were 72 comments. It has brought nearly 7,000 hits in the last 24 hours. I like to...
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A few days, my student Biplob Kishore Deb wrote an interesting entry titled ‘Top Ten Animated Movies’ in my personal blog. There he wrote about the top ten animation movies that generated huge revenue and most of them were produced...
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India and Brazil are among the largest nations in the developing world. It is nice to see that these two countries are now trying to increase the amount of bilateral trade. Well, it seems that they have seen some decent...
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ASEAN countries are trying to implement open sky policy under which there will be no restriction of planes operating in any destination among the member countries. India is not a member of ASEAN but I could see two reports that...
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Sep13
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I do not know if Coke and Pepsi officials in India have to started to celebrate already or not but they have surely found their strongest supporter in state government of Punjab. Punjab's health minister, Surinder Singla, had strongly supported...
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Sep12
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Africa is mainly famous for civil wars, poverty, hunger and corruption. So, most companies do not look this market as an attractive one. Indian companies have mainly looked to Europe and America for doing business until now. Africa is becoming...
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Sep11
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Venture capitals always look for opportunities to cash in. It seems that US venture capital firms have now found a very good place- India. They are now raising millions of dollars to invest in Indian start ups or young companies....
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Indian economy is growing at a fast rate these days. Now, many Indians dream of having a double digit economic growth just like that of neighboring China. To do so, India needs to improve its infrastructure and take massive projects...
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The worst is indeed over for Coca-Cola and PepsiCo in India. If you are a regular reader of this blog then perhaps you can remember that last month during this time, I posted about the cola controversy almost everyday. I...
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You may drive a car in Europe or America but in future you will have to depend on the auto parts coming from China and India. Labor is cheap in India and China and that is why they can afford...
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Sep10
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Indian auto market is growing very fast and by 2010 the size of this market is going to grow to 2 million units a year. Volkswagen bosses are interested to have a pie of this market but they are yet...
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Ever wondered what happened to World Trade Center (WTC) scraps after 9/11? They did not end up in any museum but the scraps were brought to India by some traders and recycled. The same thing is happening to the scraps...
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Indian economy is shining and most of the analysts are now hoping for a double digit growth for Indian economy. May be, we are too much obsessed with the idea of following China in economic growth. High economic growth is...
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Sep 9
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This entry is written as a part of AW Chain #6 (Absolute Write Blogchain No. 6). Laurie wrote an excellent entry in her blog and the title of her writing is ‘When did you know you wanted to be a...
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India has nearly 1.1 billion people but there are just a little more than 30 million tax payers. This is a bit shocking figure- isn’t it? Well, you may argue that India is a poor country and that is why...
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Sep 7
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10 million jobs in Information Technology sector by 2010! This magical figure did not come from a politician but from Nandan Nilkani, CEO of Infosys. Infosys is one of the leading IT companies of India and Nandan Nilkani is a...
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Indian economy may be shining and growing fast but India has still a long way to go to match the developed world. At least, World Bank and International Finance Corporation (IFC) feel this way. In the recently published “Doing Business...
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India is always a great place to visit and many tourists come to the country every year. According to Conde Nast Traveller (a UK tourism magazine), India is the fourth best travel destination in the world. The readers of the...
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Sep 6
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Monsoon is gradually coming to an end but this time it affected India with floods. It seems that the eastern state of Orissa has been worst hit by the flood and thousands of people have been suffering. Continuous rain has...
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Indian government is now contemplating on the idea of allowing Foreign Direct Investment (FDI) in education sector of India. Indian government has been carrying out a lot of reform activities for the economy to attract more FDI in the country....
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In 2010, the annual sale of cars in India is expected to become 2 million units. Maruti Udyog Ltd wants to have 1 million units under its belt. The goal is ambitious but achievable for the company. It is already...
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China and India are two neighboring countries but bilateral trade has never been something to cheer. Things are changing these days and the amount of bilateral trade between the two countries is increasing rapidly. I am happy to see that...
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Sep 5
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Until now, Reliance took a back seat when it comes to international bandwidth in India. VSNL and Bharti Airtel were the leaders in this field. However, Reliance is never satisfied being the backbencher in anything and that is why it...
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The controversy about PepsiCo and Coca-Cola in India is yet to die down fully. One of the battle grounds now is the Southern state of Karnataka. Karnataka government banned the sale of Coke and Pepsi in public places schools and...
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Sep 4
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India has now one of the most impressive growths in the automobile industry. Major global auto companies are now introducing new models on a monthly basis but it seems that the Indian market is not ideal for all kinds of...
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In my previous entry, I talked about the topmost Indian cities. Actually, Indicus Analytics evaluated the cities according to three factors: A place to live in A place to earn money A place to invest money It seems that...
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This is a difficult question to answer. In India, there are several large and modern cities that are developing very fast. To the outside world, I guess Bangalore is very famous for its success in IT outsourcing. On the other...
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Sep 3
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Whether you like it or not, Coke is the number 1 brand in the world. This recognition came from Interbrand and Business. When you are at the top naturally many people will like you while others will hate you. Yes,...
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Flood is nothing new in India. For many parts of the country, it is an annual event and people have got adjusted at to some extent to live with floods. However, the flood of this year seems to be very...
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I always feel that after India, Philippines is the strongest contender in the outsourcing field in Asia. Philippines has almost all the things that India has: cheap labor, workforce skilled in English language, skilled people in IT field. So, it...
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Toyota may be doing well in the world market but its performance in India is not up to the mark. The only reason for Toyota not flourishing in India is the fact that Toyota bosses failed to adjust with the...
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Sep 2
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Next week, World Cup Hockey is going to entertain millions of fans around the world. India is one of the teams participating in this tournament. However, for the Indian fans there is hardly anything to cheer about. India has been...
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Sep 1
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Indian economy is shining and growing rapidly. Now the number of rich families in India is growing rapidly too. I just finished reading an excellent article in Rediff.com titled “Luxury goods? India not yet ready”. The article informs that in...
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