India Study Group | Archive

After Bangladesh illigal Immigrants, its turn for Chinese Illigal immigrants

28. August 2008

http://www.dnaindia.com/report.asp?newsid=1185748&pageid=2 NEW DELHI: Chinese telecom firm Huawei is in trouble once again. The latest salvo has come from the ministry of labour and employment, which has sent a notice to the company saying it has employed a large number of Chinese workers in India without proper work permits. The labour ministry has added that these workers “are also [...]

BHEL holding its own against Chinese power equipment cos

18. August 2008

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Source BHEL holding its own against Chinese power equipment cos Chennai: Challenged on its turf by the Chinese manufacturers of power equipment, Bharat Heavy Electricals Ltd appeared to be on the backfoot. In the last three years, orders for boilers and turbines have been placed for a capacity of 72,000 MW and over a fifth of them [...]

China raises duty on coke, to hit Indian steel

18. August 2008

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Source BEIJING: The Indian steel industry has been severely hit as the Chinese government on Sunday raised the duty for metrological coke to 40%. The decision represents a steep 15% hike over the earlier level of 25%, the customs department under the State Council, the Chinese cabinet, said. Nearly one-third of Indian imports of metrological coke, an [...]

Indian economy to grow despite global uncertainties: IMF

15. August 2008

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Source India’s economy is expected to grow by 8.75 per cent during the 2008 fiscal year despite global uncertainties including a slowdown in the US and higher oil prices worldwide, according to the International Monetary Fund (IMF). The IMF’s executive bard indicates the potential growth in the Indian economy is attributable to increased domestic productivity and investment. [...]

Imports from China grow more than 100% in many sectors

12. August 2008

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Source New Delhi, Delhi, India InfodriveIndia.com India’s leading Export Import Trade Intelligence provider, reported today that Imports from China have grown at a explosive rate of more then 100% in many strategic sectors for the first quarter Apr-June 2008. Products imported from China with fastest growth rates and import value above US$ 50 millions are Telecom, Machinery, Aluminum, [...]

Dongfang initiates talks for Indian unit

2. August 2008

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Source Dongfang Electric Company (DEC), China’s largest power equipment manufacturer, has initiated talks with four Indian companies to set up a local production unit as the government is planning to make it mandatory for foreign equipment suppliers to have domestic manufacturing presence, said a top DEC executive said. However, the names of the companies involved were not [...]

Economist: Overconfident India

30. July 2008

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Source Indians are complacent about the perils of multi-lateral diplomacy, and much else IT CAME like monsoon rain, after a head-aching spell of summer heat. On July 7th, ending months of mixed messages and tiresome speculation, Manmohan Singh, the prime minister, said that India would press ahead “very soon” with a controversial policy: [...]

India will beat China – all in its own good time

30. July 2008

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Source Authoritarian regimes often yield strong short-term economic results, as seen in Germany in the 1930s, the Soviet Union in the 1950s, Brazil in the 1960s and China in the 1990s. Unencumbered by such things as property rights, legal recourse and public debate, the authoritarian regime can harness significant economic and political resources to achieve impressive [...]

Reuters: Nearly 80 pct of India lives on half dollar a day

26. July 2008

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Source Seventy-seven percent of Indians — about 836 million people — live on less than half a dollar a day in one of the world’s hottest economies, a government report said. The state-run National Commission for Enterprises in the Unorganised Sector (NCEUS) said most of those living on below 20 rupees (50 US [...]

BusinessWeeki: India’s Economy Hits the Wall

26. July 2008

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Source Growth is slipping, stocks are down 40%, and foreign stock market investors are fleeing. Businessmen blame the ruling coalition for failing to make reforms. Just six months ago, India was looking good. Annual growth was 9%, corporate profits were surging 20%, the stock market had risen 50% in 2007, consumer demand was [...]

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