Comments on: News Update (July 25)

By: Rajeev Kumar

Rajeev Kumar — Fri, 03 Aug 2007 20:34:03 +0000

They are missing the big picture here on aid to India. No, India is not on the verge of a financial crisis, and no India is not a place where brilliant minds cannot find opportunities. It does not need an IMF bailout for its Forex reserves and it does not need debt forgiveness. But India is a place that has not reached universal literacy, has a looming AIDS catastrophe, and will bear the brunt of global warming. In addition it is quickly becoming a major US ally and needs further assistance in pursuing the war on terror. Assistance must be kept on womens rights, environmental management, education, and most importantly advisement on better governance and procurement of existing resources within India. The fact that the Mahindras are rich enough to take a majority stake in Jaguar does not mean that a cotton farmer in Andhra does not desperately need help. This administration is making a very poor decision to cut aid to a people that have come to love and revere them (according to most recent Pew surveys).

By: malter

malter — Sun, 29 Jul 2007 16:01:21 +0000

There is nothing like NRI investment. Though the FII investment is greater than earlier but also we can see the impact of small investor greater than before and
that you can see while XMAS. As per my speculation there
would no further drop, during that period as we had seen in early years that the money poured by the FII was been drawn during that period. This time the scenario would be different.

By: Haku

Haku — Fri, 27 Jul 2007 21:26:33 +0000

“India climbs up the income ladder, entering the lower income countries group a few years earlier than expected.”

I believe it’s lower middle-income countries. India was previously in the lower-income countries group – the lower limit for middle-income status is $925 or so IIRC.

By: Arjun Swarup

Arjun Swarup — Fri, 27 Jul 2007 17:54:46 +0000

Shashi,

Thanks for the link. I visited the business section – but I did not find all these stories. These are culled from various websites through the India Brand Equity Foundation (http://www.ibef.org)

Thanks,

By: Shashi

Shashi — Fri, 27 Jul 2007 15:01:41 +0000

You may as well point us to news.google.co.in