Owner: Business Blog - India URL:http://www.byapaar.com Join Date: Tue, 11 Mar 2008 06:59:03 -0500 Rating:0 Site Description: A blog endeavoring to bring out all the business news and updates from India. Site statistics:Click here
Inflation At 10 Month High 2008-03-10 01:39:15 Coupled with continued bull run in the Indian stock market, another problem is lurking that might hamper the country’s resolution to achieve higher economic growth with price stability. Inflation
rate has just crossed the 5 percent mark for the first time in last 10 months. Week ending on 23rd February pegged the Wholesale Price index [...] Read more:Month
You Are Denied Bank Loan But Your Driver Gets It 2008-03-09 17:26:38 Just imagine what happens if the “title” of this post comes true sooner than later in India. Heard of Credit Rating? Being an Indian, I have only read about it on newspapers occasionally and sometimes found irritating SPAM mails on my inbox by some companies who were enticing me to make my credit score higher [...] Read more:Driver
Home Loans Are Your Solution For The Extra Money 2008-03-07 14:13:05 The Union Budget for the financial year 2008-09 has brought few smiles on the faces of middle class people. It is clear that, the UPA government has an eye for early national pools -may be by end of this year and hence there is lots of cheers for the all powerful middle class.
The Finance [...] Read more:Extra
, Loans
, Money
, Solution
Indians Invade Forbe’s List of Top 10 Billionaires 2008-03-07 08:35:27 True to its name, the booming Indian economy has demonestrated its strength once again by putting four Indians
in the top 10 of Forbe’s list of top 10 wealthiest people in the world. Just for information, Warren Buffet, Chairman of Berkshire Hathaway Inc. and the Bridge partner and fellow philanthropist pal of Bill Gates, the [...] Read more:Invade
Dollar Sinks To Record Low VS The EURO 2008-03-06 08:46:44 The US greenbuck sank to a historic low beyond 1.53 mark against the stronger Euro ahead of the ECB meeting on Thursday. This has rattled investors worldwide and pushed gold prices at an all time high. The European Central Bank is expected to keep the interest rate at the same level as this [...] Read more:Dollar
, Record
, Sinks
Chidambaram Wants Home Loan Rate Reduction 2008-03-06 08:24:41 During his post-budget interaction with industry chamber the Assocham, Indian Finance Minister Chidambaram told that he felt home loan rates up to Rs. 20 million should be reduced and it is the duty of the RBI and other banks to see to it that the housing loan rate is slashed.
To quote Mr Chidambaram -
“I shall [...]
Credit Policy of RBI Retains Key Rates 2008-03-06 07:39:17 The third quarter review of Indian Monetary policy released by the Reserve Bank of India recently revealed that RBI has decided to retain the key rates in a bid to maintain financial and price stability. Keeping in view of the domestic and international financial conditions, the RBI has decided to leave unchanged all key rates, [...] Read more:Policy
, Rates
Tax Holiday For Industrial Park Developers 2008-03-06 07:27:51 The Indian Finance Ministry has recently announced a ten year tax holiday for developers f industrial parks set up during April 1, 2006 to March 9, 2009. The incentive is primarily aimed at providing a boost to India’s industrial infrastructure. The Industrial
Development Scheme 2008 notified by the Central Board of Direct Taxes (CBDT) held [...] Read more:Developers
, Holiday
Japanese Companies Queuing Up To Invest In India 2008-03-06 07:26:21 India is emerging as a favorite investment destination for top Japanese
companies as large conglomerates from the far-eastern country begin to diversify away from neighboring China, their earlier hotspot. While China still maintains the top position as an investment destination, a lesser proportion of companies (68 percent) China as a promising country. China has seen [...] Read more:Companies
, India
India Relaxes Foreign Direct Investment Norms 2008-03-06 07:24:35 The India
n Government on January 30th brought major changes to ForeignDirect
Investment (FDI) rules, easing existing curbs on overseas capital in such key areas as real estate, petroleum refining, commodity exchanges, mining and aviation.
The decision taken at a meeting of the Cabinet follows a month-long review of the FDI policy, which the government began [...] Read more:Relaxes
Common Programme For Indian Inc. ? 2008-03-13 13:54:32 it has been well documented by each and everybody concerned with Indian that the economic reform started in 1991 under the aegis of then Prime Minister P. V. Narasimha Rao and Finance Minister ( now Prime Minister) Dr. Manmohan Singh is irreversible whatever the political situation in the country is. It is just a case [...] Read more:Common
, Programme
World Consortium Tries To Lift Market Mood 2008-03-13 12:39:44 In an unprecedented mood a world consortium of Central Banks from many leading countries led by the US Federal Reserve (Fed) have tried to infuse huge liquidity in the credit market which is starved of funds. This caused a positive response from the market which has been on a sustained bull runs for last few [...] Read more:Consortium
, Market
, World
Free Trade Agreement Between EU And India Might Miss Deadline 2008-03-18 10:46:46 The European Union (EU) and India
n government have been trying to come to a Free TradeAgreement
for quite sometime now and it was to get formalized by the end of this year 2008. But what has been coming out of it has become a big frustrating experience for the Union Government.
The main contentious issues [...] Read more:Deadline
Corporate Fraud In India Is Becoming A Menace 2008-03-21 04:58:01 In a recent survey by international consultancy major KPMG on corporate India
( “India Fraud Survey Report - 2008″ ) , it has been revealed that fraudulent activities have become a huge concern to companies. The study has revealed that, corporate fraud has increased 54 percent since a similar report was done in 2006. [...] Read more:Becoming
, Menace
Indian Buraeucracts To Get Fat Checques But …… 2008-03-27 06:59:27 Indian economy has been one of the fastest growing economies in the world for last one decade or so. Its Gross Domestic Product (GDP) has been growing consistently over 7 percent. The India Central Government has finally decided to reward its 3.5 million strong civil servants by way of its Sixth Pay Commission recommending and [...]
Industry And Govt. Differ On Inflationary Policies 2008-04-02 03:46:07 Inflation has been rising and rising high touching a 13-months record at 6.68 during last week. Indian government has naturally become nervous as general election is not far away and it does not want to be seen a failure to control price rises just before election. So it has called a high level cabinet committee [...] Read more:Policies
India To Get More Voting Rights At IMF 2008-04-02 03:24:13 For long large developing economies like India
and Brazil have been demanding a bigger say in the affairs and running of IMF. Finally, it seems their voice have been heard as the IMF board, in a recent in a recent proposal has made few changes in the voting structure of the 185-nation lending organization to [...] Read more:Rights
, Voting
Microsoft Is Due Rs. 7 Billion As Tax 2008-04-06 05:12:35 Indian Tax authorities has recently ordered Microsoft
Inc. to pay over Rs. 7 billion in tax liabilities it is due on royalty income of its products in the country. It is to be noted that Microsoft does not sell any of its software or hardware products in India. But it has been offering licensed use [...]
Announcement By Admin 2008-04-12 02:52:04 Due to my imminent professional exam starting from 18th April, 2008 - I’ll not be able to blog for next 3 weeks. Once its over, I’ll resume the job that I like to do - i.e. blogging. Read more:Admin
, Announcement
Business Sale Is Still A Concept in India 2008-05-02 09:42:29 My exam is over- but my PCP (Personal Contact Program) for second year will start tomorrow and will continue till 27th. Still I’ll keep blogging regularly here.So no problem.
The other day I was browsing the net and chanced upon a site called UK Business
For Sale. To be frank I have never heard of the [...] Read more:Concept
, India
India Suffers As Oil Prices Soar 2008-05-09 07:50:23 Traditionally, import of crude oil has occupied the lion share of India
’s import bills and although India has been doing exceedingly well in other sectors in bringing down the trade deficit over the last decade, crude oil has always made Indian balance sheet look bad. Naturally, when the price of crude oil touched a record [...] Read more:Oil Prices
, Prices
Don’t Swipe Your Card Recklessly 2008-08-12 02:31:57 First of all, my heartiest congratulations to Abhinav Bindra J who made India proud by winning gold medal for the 10m Air Rifle section at the Beijing Olympic. It is the first ever individual gold that India won in the history of Olympic.
Now, this post is a little bit personal as I’ll try [...] Read more:Swipe
Fixed Deposit Vs. Equity Market – Where To Invest My Money? 2008-08-05 11:00:12 Finally the turbulence of politics is over with the UPA led by the Indian National Congress withstanding a tight no-confidence motion in the Lok Sabha on 22nd July. The Left Front has been blocking almost all major reforms which are so badly needed to push the economy to the next level. It has been frustrating [...] Read more:Deposit
, Equity
, Fixed
, Market
, Money
Indian IT Majors Go On A Buying Spree 2008-08-27 09:30:19 Despite the slowdown in the overall world economic scenario, Indian IT companies are undeterred by the bleak business prospect. In fact they are using this as an opportunity to expand their overseas businesses. This became clear when Infosys, India’s second largest provider of IT enabled business services with an annual operating profit of around $1.25 [...] Read more:Buying
, Spree
A Tale of Land, Tatas, Mamata and Communists 2008-09-08 23:38:27 Can you do business in India? – Probably yes.
Can you do business in Bengal? Keep reading the post ….
I thought I would not cover this story as it is so controversial and getting huge media coverage. But now I think I should do my bit of .the story.
It seems Communism has come full circle in [...]
India To Benefit As Global Crude Prices Tumble 2008-09-05 04:10:54 The India
n stock market is back to its normal bullish run again after a prolonged dull run. The BSE Sensex gained 551 points to close at 15049.86 on Monday, single largest gain in a day since July 23rd, 2008 when the index surged 838 points. The index has been hovering around 14000 mark for long [...] Read more:Crude
, Global
, Prices
Indian Tea Board To Hold Auction Online 2008-09-03 05:42:14 What a shame! We are long into 21st century and information and networking super highway. Today, virtually each and everything is being done through digital media and mechanism. But for so long, auctioning of tea in India was being held in the age old method of manual outcry system. This resulted in many problems that [...] Read more:Auction
, Board
G20 Summit And Impact of Financial Turmoil on India 2008-11-13 08:50:50 First thing first!
Congratulations Mr. Barack Obama for the history making thumping victory and become the first colored President of the United States of America. My best wishes for your successful Presidency. May you make historical judgments in this difficult situation and shape a brighter future not only of America but also the whole [...] Read more:Financial
, India
, Summit
, Turmoil
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