Few analysts call it as a contagion effect of the euro zone crisis that is putting brakes on India’s growth prospects marred by rocky foreign inflows; while others put blame on steep hike in interest rates and soaring inflation for industrial slump in the economy. Yet, there is a
» continue readingHave you ever been approached by a roadside stranger selling you a second hand mobile phone at an unbelievable discount? In all probability, it could well be a lost or stolen mobile handset detached from the SIM card of the aggrieved party. While the subscriber of the mobile service
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Can a cricket team succeed with mere presence of a star batsman in the playing squad? No, for a team to stay consistently on top there needs to be at least a clutch of 3-4 good players in the team that can chip in when the wickets are down.
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Last few days has seen Indian stock markets slipping on the fears of Italy debt crisis worsening further and sending jitters across the global markets on the thoughts of the euro zone breaking up into pieces. Moreover, it is widely speculated that Italy, which is third largest economy in
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If majority of the firms in any given industry are facing operational hurdles, the stakeholders have the tendency to tag the issue as sectoral problems surrounding the broader industry. At first this incident happened with the ailing telecom sector, and now the domestic airline carriers. However, this perception might
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The Tatkal emergency reservation scheme of Indian Railways was introduced to facilitate latecomers to avail of train berths just few days before the actual date of journey on being charged nominal extra costs. Earlier, Indian Railways kept reserved one whole bogey for Tatkal passengers; but now the accommodation system
» continue readingThe much touted India shining story seems to be losing its sheen on multiple counts. The optimism on the growth momentum is fizzling out on various parameters including interest rate tightening, slowed industrial production, high food inflation, rising fuel prices, declining car sales, defaulting domestic airline carriers, negative outlook
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The internet growth in India has moved in the fast lane, especially due to the onslaught of low-cost smartphone devices and the resultant mobile internet boom. Moreover, the internet boom is likely to continue its good run as the high-speed 3G services penetrate further into rural areas. In fact,
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While India Q2 FY12 earning’s season is in full swing, crucial data on festive October automobile sales have trickled in with not-so-encouraging signs. The past week was also spent in worries over Greek economy in disarray; and to determine whether the leaders of the world’s 20 most powerful economies,
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Congress President Sonia Gandhi (11th rank) and Indian Prime Minister Manmohan Singh (19th rank) once again stormed into the list of top 20 most powerful people on earth, as per the latest count by Forbes. However, both the Indian politicians have slipped in Forbe’s rankings of world’s most powerful
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