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Recession is unlikely in India even in short term. Though growth has suffered in India in past few years, things are looking up with reforms in FDI sector, Insurance and Banking sector. More reforms will follow in the form of PSU divestment. Implementation of GST will also help in making economy...

Car sales fall 19% in August, first in 10 months India: Car sales in India fell for the first time in 10 months in August, and motorcycle sales fell for the first time since January 2009, an industry body said, as high interest rates and slowing economic growth dragged down demand...

India approves Walt Disney's Rs.1,000 crore investment New Delhi,Business/Economy, Thu, 23 Aug 2012IANS New Delhi, Aug 23 (IANS) The Indian government Thursday said it has approved US-based Walt Disney's Rs.1,000 crore investment proposal in broadcasting business in India. Based on the...

Not possible to achieve 7.6 per cent growth target: Montek Singh Ahluwalia Montek estimates that GDP growth will be around 6.5%. If I remember correctly, Nomura has estimate our GDP growth at 5.8% which is what I think is most likely.

MBCEL commissions 30 MW solar farm in Gujarat PTI | 07:10 PM,Oct 12,2011 Ahmedabad, Oct 12 (PTI) The 30MW solar farm developed by Moser Baer Clean Energy Limited (MBCEL) in Banaskantha district of Gujarat has been commissioned in Kankrej block, company officials said today. The solar farm...

UPA policies are leading to a scorched earth syndrome R Jagannathan Oct 3, 2011 If there is a single theme running through this year's faltering economy, it is this: the business of trying to correct all wrongs has got us into an economic tailspin, with growth tapering off and inflation...

Mining companies to take a hit of Rs 15,000 cr BS Reporters / New Delhi/ Bangalore October 1, 2011, 0:39 IST Mining companies have warned of a price spiral in commodities once the new mining law provisions are in place. The industry sees the government decision of mandatory profit and royalty...

Why would SBI want to go to a shit hole of a country?. SBI should first serve the Indian masses first and then go international. We still lag behind in terms of banking.

People's republics There are growing doubts over the sustainability of China's authoritarian model of development and greater recent praise for India's democratic version. In October, US President Barack Obama's economic adviser Larry Summers told a meeting of business leaders in Mumbai that...

I think soaring rupee has to do with depreciating dollar in world markets rather than appreciating of rupee on its own strength.

I will be more interested in poverty shrinking rates rather than billionaires increase rates. That will be true reflection of the Indian growth.

Indian model of growth wins praise over its Chinese rival PTI, Sep 14, 2010, 01.29pm IST BEIJING: Indian economic growth, often described as chaotic and weighed down by poor infrastructure, came in for praise from experts here, compared to more disciplined but highly autocratic Chinese model...

Amid China trouble, India, Japan to firm up economic pact NEW DELHI: Amid dissonance in relations with China, India is looking to expand strategic and economic ties with Japan as the two sides hold the final round of negotiations next week to finalise a key economic pact ahead of Prime Minister...

I don't think any of the growth India has achieved so far is on the back of stimulus unlike China. Growth is strongly driven by robust domestic consumption. Inflation in India is mostly due to supply side issues rather than over-heating of economy. GoI has been so far inept in taking care of...

That's the problem in your understanding. Few billionaires doesn't represent the wealth of whole economy. India's Gini-number is as reliable as the poverty rates of India. If you believe the poverty rates of India then you should also believe the gini-index because they are all calculate from...

Your post is edited because of your intention of flaming by bringing in unrelated talk of semi-naked people, open defecating etc etc which has nothing to do with gini-index that is being discussed. So, stay on the topic or you posts will get edited or deleted if you cross the line.

The data that comes out of unorganized economic societies such as India should always be taken with a pinch of salt as they can be off by a large scale. It is a big problem that a number of people don't report or under report their earnings thus skewing the data. The data that is used to...

India has an unemployment rate of 10.7% not 6-8% as you stated. The problem is you are unable to get the perspective of gini-index and going on blabbering. US also is very rich than India but it still has a worse gini-index than Idnia. If you get that, then you will get the fact that India can...

First of all learn to know that Gini index is calculate based on the data given by the respective governments. The Gini index that is calculated is not done by India or China but a world body using the data supplied the respective countries. Just as example, India can have 50% poverty and...

SO, anything written against China is a smoke. Gini index doesn't just comprise few handful rich billionaires but also millionaires, upper middle class, middle class, lower middle class and poor. And they the distribution of wealth across these income levels is calculated giving a Gini-index...