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Saturday, January 23, 2010

Govt of India asks US regularory to keep interest of Satyam's investors

Its tough time for the investors of scam-hit Satyam Computers Services ( now its Mahindra Satyam, after take over by Mahindra Tech) , as the US Security Exchange Commission (SEC) may take final decision on it. The government of India has appealed the SEC to keep interest of investors in mind over the Satyam case. Last year, the Satyam Computer had lost many clients globally. May the SEC take the interest of investors of Satyam Computers, before taking any final decision over this case. And the investors may also be expecting much from SEC.

Saturday, January 16, 2010

Will Oil Prices Rise Again in India?

It's a big concern for the people of India, whether they would see a rise in oil prices soon. There are chances of rising prices of petrol and diesel in India. Last year, the government has slashed the prices of oil and raised the prices in the mid year.

It's just mere speculations of having the rise in the oil prices in India. The global crude is however consistent in producing oil in the last quarter. But, there may rise the price of oil in India, keeping the options of inflationary measures open. The government may also take the financial condition of oil PSUs and companies into consideration. The politics behind the hike in the oil prices, however seem to have in calm state. Political parities in the allied government many not support the governments' decision to rise the oil prices.

Tuesday, January 12, 2010

Indian Economy Recovering; Good Prospects for Job Market

Indian economy is recovering from the clutches of the global recession. The economy has been in the economic slowdown for almost one year. The year 2009 was quite unlucky for the job seeks as the companies adopted the cost cut measures and lay-off to keep themselves fit in the recession.

The recession session is going to be end in the 2010 completely. There are bright chances for freshers and job seekers in the market. IT majors to stepped up their effort to have projects and fresh recruitment in the current year.

This year going to be a best year for the career aspirants and they can approach companies having vacancies. Even, the placement offers for the IIT and IIM students would be more this year comparing to the offer they received last year.

Tuesday, January 5, 2010

Indian Market is hub for Small Cars?

The Auto industry in India is growing fast,and the demand for the small car is increasing day-by-day. The major auto companies have been planning to introduce the small cars to attract large number of customers in India.

The market is the hub for the auto companies. The sale volume of the small cars and multi-purpose vehicles are said to high than a the sale of the other segments. The big companies like Tata, Maruti are successful in Indian market, because of the their small cars or family cars.

The much awaited auto-expo will the best place for the companies to introduce their small cars segments. This will be a big occasion for the companies to reach the people directly and advertise their brand before public. However, the market responds well to the small segment cars.

Monday, January 4, 2010

Dual Digit GDP for Indian Economy?

Indian Economy is growing and likely to see the GDP at 8 per cent by 2011. Once, it was expected to achieve the dual digit GDP. But the collapse of the market and economy shrinking into the global slowdown made this impossible. Achieving the double digit GDP is possible, however need to get the sustain growth from all the sectors of the economy. Experts believe that the Indian economy is recovering from the clutches of the economic slowdown. The current GDP rate is between 6 to 7.5 per cent.

The GDP growth of around 6-7.5 per cent is very impressive, despite the economy was gone through the phase of slowdown for almost one year. The Indian economy has been growing fast but the contribution from its primary sectors is big concern. The rising food inflation may be due to the bottleneck and not will give any relief to the farmers. The contribution from the service sector is high and it will give further boost to the economy in the years to come. Thinking for double digit GDP growth is too much optimistic approach for Indian economy. However, the fact can't be denied that still the target of double digit GDP is possible, but many in next five years.

Saturday, January 2, 2010

Rise in Car Sales in December 09

The auto sector is getting good sales despite the bit of impact of the economic slowdown on India economy. The car sales in the month of December 09 were also high, but not more than the figures emerged in the month of November 09. The stimulus packages and the governments control over the economic downturn has boosted the car sales in India.

It was expected that the due to the economic slowdown that the auto industries would be affected largely. But, on the contrary, the the sales in the auto industry are on track. Most of major player in India car market have launches new models in 2009. From Nano - peoples' car to costly cars got good response in Indian auto market despite the economic slowdown.