India Inc. busy buying foreign companies
Many Indian companies have been very busy making inroads into the US/EU markets recently. Other than outsourcing, which is the business buzzword today, this has taken the form of acquisitions.
While Chinese companies have been ruffling feathers by their BIG buys in the USA worth billions of dollars, Indian companies have slipped through the net because [...]
The great Indian middle class…
…growing at a rapid rate. There are a few million ascending into the middle class every year. This reflects the robust growth of the economy.
But of course, this also is evidence to the rising wealth among India’s poor. The lower class people are slowly, but steadily, entering the lower middle class - which is a [...]
Communist strike protesting reforms and progress
It is such a irony that the Comrades call themselves “progressive”! If they are so hell-bent against reform and progress, what right do they have over the term?
I guess it is just a trap to attract the youth. I am still young of age, and as said by somebody I really can’t remember now, India [...]
Economy boom - will it fall?
As we all know, the Indian economy is on a bull run. It has been on a bull run since Vajpayee’s times. After a brief run downhill as soon as the Communist-backed Congress came into power, it has renewed its climb and has now crossed 8500!
That’s excellent news for the Indian market, industries, investors and [...]
India 2005 - hungry girls committing suicide
It makes such a heart-rending story that has made the headlines of all the major newspapers in the world - the story of a poor girl who committed suicide because she could not have lunch.
Sania Khatun is just the tip of the iceberg - it seems that 50% of India’s children are malnourished. And we [...]
Cola protests in Kerala increase
After Plachimada and Kuttiyadi, yet another village in Kerala has declared itself cola-free!
Coca-cola had a lot of trouble with its plant in Plachimada, and with just reason. They had drawn all the water from the ground that crops were not growing the fields around and farmers were going hungry! Coke and Pepsi have had protests [...]
India Shining too early?
TS Ninan writes that we are celebrating India Shining a bit too early. No, his point is not that the poor are hungry, but he says that even the Shining phase of India has just begun. He says:
…even today India accounts for only 2 per cent of the world’s GDP, less than 1 per cent [...]