20
Nov
2008
by Rishabh Srivastava | Tags: Business, Economy
THE WORST ever financial crisis to have ravaged the United States since the Great Depression of 1930s, has taken a heavy toll on the world’s largest economy. There is rise in the number of job layoffs and cost cutting. In fact, all the economies of the world are facing crisis to tackle this global meltdown. [...]
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28
Oct
2008
by shishir | Tags: australia, Harvard, IIM, IIT, india, Oxford, UK, US, Yale
Oxford, Harvard, Cambridge or Yale? A dilemma of Atlantic proportions for the Indian students for these universities not only have the patina of history and heritage attached to them but also offer a wide array of opportunities in todays world.
There has been a growing trend of Indian students going abroad for education. In the past [...]
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17
Oct
2008
by Rishabh Srivastava |
IN THE last decade or so India has made progress in tackling the hunger and malnutrition, but the latest global hunger index (GHI) report says that the situation is still very critical in the country. India ranks 66th on the 2008 GHI of 88 countries, a report released by the Washington-based International Food Policy Research [...]
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12
Oct
2008
by shishir | Tags: america, Asia, Europe, G7, IMF, Washington, World Bank
The world’s seven largest economies finance ministers and central bank governors met in Washington and have agreed to do whatever they can in order to tackle the financial crisis which has spread and threatens to take the entire world into recession.
The G7 countries were in agreement that the current financial meltdown all over the world [...]
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10
Oct
2008
by shishir | Tags: america, BJP, Congress, George Bush, Indo Us Nuclear deal, Left
“It is a Big Deal”. When the whole of India slept on Thursday morning, George Bush signed the legislation to implement the Indo-US Nuclear deal in the White House. The legislation marks a historic deal that took more then three years in the making.
George Bush was all smiles as he signed the legislation confirming that [...]
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27
Sep
2008
by shishir | Tags: america, Goldman sacchs, Lehmann brothers, Morgan stanley
In what may be the defining moment of banking in America, Morgan Stanley and Goldman Sachs- the last of the two largest surviving banks in America decided to abandon all investments and become bank holding companies in order to remain in business.
If after the fall of Lehmann Brothers and the buy out of Merrill Lynch [...]
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17
Sep
2008
by tanmay | Tags: Business, FICI, MFI, microfinance
Microfinance is a provision by which funds are made available to poor people. Its aim is to provide service to those people who are away from the main stream banks. It started as philanthropy but is slowly gathering commercial ground. The idea was discovered by Nobel Laureate Mohammed Yunus, three decades ago. The purpose was [...]
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12
Aug
2008
by Rishabh Srivastava | Tags: Awareness, bangladesh, Economy, History, india, pakistan, Wars
INDIA WAS divided in 1947. Sixty one years have passed since then, but still the countries of the subcontinent especially Pakistan, India and Bangladesh have still not been able to deal with their internal problems and security issues. British divided India into Dominion of Pakistan and Union of India before leaving the country. This was [...]
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10
Jul
2008
by Rishabh Srivastava | Tags: Awareness, Economy, Infrastructure, Politics, Society
The economists have predicted a growth rate of over nine per cent for India in the years to come. It is heartening to see that we are making progress. But one thing that I am unsure of is the implication of this growth rate.
Statistics and numbers are like mini skirts; they reveal a lot but [...]
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16
Jun
2008
by shishir | Tags: Awareness, Economy, Education, Infrastructure, Politics, Society
The disparity between the two sides of India is appalling, to say the least. One side is witnessing sky-rocketing growth, while the other side is ebbing away. The India of today needs to be transformed into a powerful ‘people’s India of tomorrow’.
RECENTLY, FORBES came out with a list of the richest billionaires in the world. [...]
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