Updated on : 29 December, 2006
- India's bank for women - BBC News
Until three years ago, Aruna Gaikwad used to earn a meagre 20 rupees (44 cents) a day as a farm worker. Today, the 34-year-old has set up a successful vegetable vending business and makes 400 rupees ($9) daily.
- Indian villagers try 'e-policing' - BBC News
India's IT revolution is sometimes thought to benefit only the better off, but developments in Bhanegaon village in Maharashtra state, and 10,000 other Indian villages, suggest that it is slowly taking deeper roots.
- India's Growth Spurt - Wall Street Journal
The world's most populous democracy clocked a year-on-year growth rate of 9.2% last week, with no slowdown in sight. Things could be even better if New Delhi would extend its reform mentality -- especially to the agricultural sector.
- U.S. business seeks to sell into booming India - International Herald Tribune
The rural American state of Idaho, with its 1.4 million people and 2 million cattle, has never been a big shot in international diplomacy. But there is no harm in trying, and so it recently opened, with taxpayer money, what could generously be called the Idaho Embassy to India, in the capital, New Delhi.
- India takes on the world - Time Magazine
Big companies beware: that elephant in the room may be An Indian
Competitor looking to buy you out
- Westerners outsourcing themselves; More Americans are going with the flow of jobs to India, and finding challenge and opportunity - Chicago Tribune
Going halfway around the world for a job that pays about $11,000 a year hardly sounds like a great career move for an Ivy League graduate.
- India planning own moon landing by 2020 - Earth Times
The Indian space agency ISRO (Indian Space Research Organisation) has ambitious plans for India's future in space travel and technology. The chairman of ISRO has revealed some of the plans that the scientists in ISRO have in mind.
- India's Output Growth Of 12.4% Exceeds Estimates -Wall Street Journal
India's industrial production expanded 12.4% in July from a year earlier, its fastest monthly pace in a decade, as the country's thrust to improve its infrastructure revived the electricity and mining sectors and added to the momentum supplied by manufacturing.
- India's Production Grows at Fastest Pace in a Decade - Bloomberg News
India's industrial production grew in July at the fastest pace in a decade, adding pressure on the central bank to increase its benchmark interest rate next month for a fourth time this year to curb inflation.
- Foreign Automakers See India as Exporter - International Herald Tribune
India�s quest to be a leading carmaker has received a vigorous boost in recent days, with a parade of global companies unfurling plans to assemble cars for domestic sale and export.
- India's field of greens; The country is undergoing a second agricultural revolution--building the infrastructure that connects farm to supermarket - Fortune
Emaan Singh Mann is a happy farmer, a rare commodity in India's northern state of Punjab, where overfarming and a falling water table have affected productivity on the broad plains that gave rise to India's Green Revolution of the 1960s.
- India Engineering Demand Grows; Report predicts by 2020, India's outsourced engineering market will be worth $40 billion. - Red Herring
Software services companies in India will have a $40-billion market opportunity in engineering services by 2020, according to a study released Thursday.
- Germany's SAP Allots $1 Billion For India Growth - Wall Street Journal
German business-software giant SAP AG will invest $1 billion in India during the next five years to expand its operations there, Chairman and Chief Executive Officer Henning Kagermann said.
- Editorial: A Good Pass - Wall Street Journal
The ancient Silk Road hasn't done much for Asian trade lately. But a newly reopened mountain pass between India and China may change that -- for the better.
- Spotlight: India slowly opens to the world - International Herald Tribune
It is interesting to sit across from a bespectacled, 64-year-old bureaucrat who inspires lust in foreign bankers - or, to be more accurate, who supervises banks in India that inspire foreigners with an ownership urge.
- Interview: 'We Must Continue to Run'; Infosys chairman N. R. Narayana Murthy says the bombings only prove how resilient the Indian economy has become - Newsweek
Last week's bombings hit India's financial capital, Mumbai, when it was down. A recent tumble in the stock market, followed by the government's halt to privatizations, led to worries that the country's boom might be proved a bubble.
- Op/Ed: A Cause for Comfort; The bombers failed in their goal�to foment violence between Hindus and Muslims. - Newsweek
Unlike the 9/11 attack, or the London bombings, terror strikes in India are not directed at some evil global power or at its symbols. Nor are they committed to support the Palestinian or even Kashmiri cause, or to exact revenge for the occupation of Iraq.
- Playing catch-up; New laws to encourage investment - Economist
India was an early starter in the special-economic-zone business. It set up Asia's first export-processing area in 1965 at Kandla, in Gujarat, to provide goods for the then Soviet Union. Other smallish government-run export zones followed in the 1980s, but they were dogged by poor infrastructure and tortuous bureaucratic regulations. Since then, India has looked enviously at China's far larger and more successful zones.
- The India Model - Foreign Affairs
After being shackled by the government for decades, India's economy has become one of the world's strongest. The country's unique development model -- relying on domestic consumption and high-tech services -- has brought a quarter century of record growth despite an incompetent and heavy-handed state. But for that growth to continue, the state must start modernizing along with Indian society.
- Op/Ed: From Bombay to Boston - Wall Street Journal
The Indian flag now flies outside the iconic Pierre Hotel on Fifth Avenue after the Taj Group took over management of the hotel in 2005. In Britain, the morning cuppa is likely to be of an Indian-owned tea brand since Tata Tea acquired Tetley in 2000, and Apeejay Surrenda bought out Premier Foods last year.
- Can India fly? It has taken off at last. Only with further reform can it spread its wings and soar - Economist
WORKERS of India, you have the world's attention. Long neglected in Western boardrooms in favour of China, its yet more gigantic neighbour, India now appears on every corporate to-do list. Even in the furnace of pre-monsoonal heat, linen-suited Westerners (and Easterners) are appearing in Mumbai, Bangalore and Chennai, anxious not to miss out.
- Safe and sorry: To achieve faster growth, India needs financial-sector reform - Economist
WHEN the fashionable comparisons are drawn between India and China, one industry where India normally comes out on top is finance. Its banks and capital markets are more open and efficient.
- Op/Ed: India Makes a Move
Word that India is going to nominate one of its nationals to be the next secretary-general of the United Nations signals a willingness by the world's biggest democracy to take a more activist role in multilateral politics. Its choice of Shashi Tharoor, which was scheduled to be announced overnight, suggests its endorsement of the world organization at a time when it is under severe assault for profligacy, mismanagement and ineffectiveness.
- India, Let's Be Quick - Corriere Della Sera
Talleyrand had spoken about it at the end of the XVIII century: a country with great economic possibilities. But we need to hurry up. In 1794, Talleyrand, the great French Minister of the revolution, wrote: "There's a country with a large number of capitalists, including very important ones, who have not invested capital and are in search of investment, who don't have very definite policies but don't want to invest in Europe, who want absolute discretionary power on their movements and are ready to pay for the secrecy they ask for, for whom any proposal of investment in America has the flavour of novelty and suitability as well.
- City of Dreams: A magnet for entrepreneurs, artists, jet-setters and foreign money, Bombay is the crucible of the new India - Time
The streets are wet with the dew of the coming monsoon as Rajeev Samant unveils his latest triumph in midtown Bombay. The Tasting Room is a soft-lit tapas bar built into a high-end furniture store in the city's old textile district.
- The Drive to Compete; India's once woeful manufacturing sector is starting to pick up steam - Time
Hyundai Motor's car factory in India, set amid palm-studded marshes on the outskirts of Madras, is a gleaming example of what could be the future of India's economy. Built for $1 billion, its high-tech robots and monstrous steel-pressing machines will churn out 300,000 Accent sedans and other vehicles this year, at world-class quality levels.
- Op/Ed: India and America; It's the economy, stupid - Honolulu Star-Bulletin
THE UNITED STATES should approach its reinvigorated relationship with India as more of a long-term economic relationship than a geopolitical chess move against China.
- Habla Indian Outsourcing? An Indian outsourcing company sets up shop in Latin America to find Spanish-speaking workers for U.S. companies. - Red Herring
Yielding to customer demand from U.S. companies for Spanish-speaking call center staff, India-based 24/7 Customer has set up a 500-seat operation in Guatemala.
- Indian summer - The Times
The pace of change is astonishing. For almost 50 years after independence, India shut itself off from the world, prickly, autarkic, moralistic, practising a deadly combination of Fabian economics and socialist non-alignment.
- A 'hole in the wall' helps educate India - The Christian Science Monitor
Free computers placed where children play could help bring basic education to India's 200 million boys and girls under age 15. That's the hope of the man behind an Internet learning experiment called Hole-in-the-Wall.
- India's Economic Growth Ratchets Up to 9.3%; Pace Rivals China's Gains; GDP Is Fueled by Farming And Consumer Spending - The Wall Street Journal
India's economy grew 9.3% in the quarter ended March 31 from a year earlier, marking a broad display of momentum on par with China's red-hot growth.
- Wall Street moves analyst jobs to India - Bloomberg News
Four years ago, J.P. Morgan Chase had no analysts in India. The bank now has 80, including Naresh Bilandani, a graduate of the London School of Economics who was hired last year in Mumbai to help provide clients with investment recommendations on European lenders.
- IBM Goes Bollywood; There was plenty of fanfare -- and a promise of a $6 billion investment -- as Big Blue held its first analyst meeting on the subcontinent - Business Week
It was a cross between a U.S. Presidential visit and a rock concert. IBM's (IBM ) first-ever analyst meeting outside the U.S. was held on June 6 at the Bangalore Palace grounds, a sprawling colonial-era edifice in the heart of India's Silicon Valley, amid tight security and much hoopla.
- India: Playing the Globalization Card and Winning
The world is flat, according to Thomas Friedman. The flattening agent, according to many, is globalization � especially economic globalization. A concept not greeted warmly by some, according to Baldev Raj Nayar, professor emeritus at Canada�s McGill University�s department of political science. �Despite its status as a �master concept� in the world today, globalization has attracted critics with powerful attacks against it.�
- Op/Ed: Ink the India Deal; The pact with New Delhi is too important to derail
Will America's partnership with India fall victim to politics?
- India Becoming a Crucial Cog in the Machine at I.B.M.
The world's biggest computer services company could not have chosen a more appropriate setting to lay out its strategy for staying on top.
- India expects China trade to hit $20 billion
India expects trade with China to reach $20 billion in "the next couple of years" as ties with its biggest neighbor strengthen, Defense Minister Pranab Mukherjee said at a conference in Singapore.
- India's Economic Growth Accelerates to 9.3% as Services Expand - Bloomberg News
India's economic growth accelerated last quarter as computer-related companies hired code writers and engineers, spurring spending on houses, travel and mobile phones.
- IBM Wakes Up to India's Skills; The computer company is ramping up operations with cutting-edge projects while using more low-cost, high-value local labor - Business Week
The sheer speed of IBM's (IBM ) expansion in India suggests a mad dash to hire as many low-salary employees as possible in the shortest amount of time. The company's Indian worforce has gone from 9,000 to 43,000 in just two and a half years. But while low-cost labor is one of the main factors behind IBM's speedy ramp-up, that doesn't mean its Indian employees perform low value work. "We're putting the highest level of skills in India,"says Larry Longseth, vice-president of server systems operations at the company's strategic outsourcing unit.
- India export growth accelerates to 27% - Bloomberg News
NEW DELHI India's exports of gems, jewelry and other manufactured products expanded at the fastest pace in seven months in April, spurring industrial growth.
- NASA and India Join Forces on Mission to the Moon - ABC NEWS
Last week's announcement that NASA would be contributing resources to an Indian spaceflight to orbit the moon may have surprised many who remember the space race as a matter of national pride. To the chief scientist at NASA's Goddard Space Flight Center, however, the cooperation makes perfect sense.
"I think this is the evolution of well-informed partnerships," Jim Garvin said. "We can't all do everything, and the moon is an important gateway to deep space."
- China versus India - The Financial Times
There is a growing sentiment among investors that India will be �the next China� � a huge, fast growing developing country whose plentiful cheap labour force will drive down the price down of manufactured goods and whose demand for construction materials will drive up the prices of commodities.
- Local millionaire leads $2 billion resort project in India - St. Louis Business Journal
Through frequent visits and family ties, Prad and Kelly Sabharwal of St. Louis have witnessed firsthand India's rapid economic growth. Now they're getting in on the action.
- Texans heed call: 'Go east' to India; Young workers drawn to thriving industries, different culture - Dallas Morning News
For years, highly skilled graduates of India's universities have taken jobs in Texas, helping fuel the state's high-tech boom. Now, young Texans are discovering India as a land of employment opportunity.
- Op/Ed: India's Secret Weapon - Wall Street Journal
India is rapidly evolving into Asia's innovation center, leaving China in the dust. Its secret weapon? Intellectual property-rights protection. In recent years, New Delhi has taken big steps to protect these rights, and the results have been dramatic. It may appear as if India's recent economic rise is solely due to its low-cost outsourcing opportunities for foreign businesses. But this is only part of the story.
- Op/Ed: Recognizing reality - Washington Times
Like the eager parents of an arranged marriage, President Bush and Indian Prime Minister Manmohan Singh have shaken hands, toasted the future and agreed to a dowry long coveted by New Delhi -- an historic civilian nuclear agreement that tacitly recognizes India as the world's sixth nuclear state.
- Indian leader faces challenge of aiding poor - The Financial Times
At the end of a first year in office that disappointed many, Manmohan Singh, India�s prime minister, said he would award his government six points out of 10.
- Venture capitalists shift focus to India - The Financial Times
International venture capital groups are increasingly shifting focus from China to India after years of reduced exposure to the subcontinent - a move that underlines the pull of India's fast-growing market for internet and consumer wireless applications.
- Now a car story - The Financial Times
India has succeeded in services, and failed in manufacturing. So goes the popular wisdom. But that may be about to change. For, the country�s export of automobiles has grown faster than software over the last four years (more than 35 per cent annually).
- The Maverick: India will outpace China in the long run - The Sunday Telegraph
The great financial game of the 21st century will be guessing who ends up supreme: China or India. Investors who get this right will make money.
- India bridging `digital divide'- Chicago Tribune
Microsoft is teaching rural Indian women and other villagers the ins and outs of computers to help them join the technology revolution.
- India � In a Global Role (Unofficial translation) :Handelsblatt
With the oncoming visit of the Indian PM, a new economic power is coming into the limelight. And this is a test for Germany's will to recognise changes in geopolitical paradigms and to co-shape it. Manmohan Singh is a Head of Government, who as finance minister enforced comprehensive liberalisation in the Indian economy since 1991. It became a grand success story. German companies did not recognise it for a long time.
- Op/Ed: Bush's Indian Ally - Washington Post
At a time when even friendly governments are quick to distance themselves from the United States and its pugnacious, embattled president, India is a strategic maverick.
- India foresees faster economic growth
- The Financial Times
India's central bank marked an unexpected pause in monetary tightening at its annual policy review yesterday, saying the country could be on the brink of a shift towards a higher rate of low-inflationary growth.
- Women Hope to Get Ahead in the Clouds Over India : LA Times
An economic revolution sets would-be flight attendants and others on new career paths.
- In India, 'next great' industrial story
- International Herald Tribune
President George W. MADRAS, India "Made in China" may be getting a new rival.
- Expanding Energy Sources Vital for India's Economy
- The Wall Street Journal
Former Defense Secretary William Cohen is right to point out that there are more nonproliferation advantages than potential disadvantages in the proposed U.S.-India civilian nuclear agreement ("A Pretty Good Deal For America1," editorial page, April 5).
- Open Season On Outsourcers; More Western giants are snapping up Indian companies that specialize in back-office operations - Business Week
Two years ago, many had written off tech services company Electronic Data Systems Corp. (EDS ) The Plano (Tex.) company had lost top clients because it lacked low-cost offshore capabilities, it faced deep financial trouble, and employee turnover was growing. Some even speculated that EDS might be taken out by an upstart outsourcer from India.
- It makes sense to end India's nuclear isolation - International Herald Tribune
President George W. Bush has taken a momentous step in shelving a U.S. policy that for three decades cast India as a nuclear pariah- state and isolated the world's largest democracy from nuclear commerce, even for the peaceful purpose of generating electricity.
- India's Lust for Luxe; India's nouveaux riches are spending like never before, and high-end retailers from Herm�s to Tiffany are eager to oblige - Time
New Delhi entrepreneur Natasha Chaudhri chases after expensive fashion products like a big-game hunter in pursuit of wildlife pelts.
- Young Americans seek opportunity in booming Bangalore - Associated Press
After graduating from Northwestern University last year, Nate Linkon contemplated job offers in Chicago and New York. But he chose a less conventional path and started his career here, in India's booming tech capital.
- India Will Grow Faster With Convertible Rupee - Bloomberg News
In the one week since Indian Prime Minister Manmohan Singh announced his intention to make the rupee fully convertible, several economists and currency strategists have panned the decision.
- Deutsche expects exodus to India - Financial Times
Deutsche Bankwill have moved almost half the back-office jobs in its sales and trading operation to India by the end of next year as part of a reorganisation that has already helped boost revenues by more than 1.9bn ($2.3bn).
- Trusting India - The Washington Times
Indignation and furor have erupted over President Bush's agreement with India to permit the country to import U. S. civilian nuclear technology.
- India falls to Bush - The Daily Telegraph
The high point of George W. Bush's brief visit to India, which ended yesterday, was an extraordinarily bold nuclear deal.
- Bush stumbles on a trump card in a dangerous world - India - The Sunday Times
George Bush�s visit to India was such good news that it is hard to know where to begin. No, he was not greeted with garlands, dancing girls and hippies chanting peace and love.
- Global view: Raising our cricketing game isn't enough, UK firms need to win in India - The Daily Telegraph
Britain must find new sources of economic growth in order to sustain and enhance the living standards of its people.
- G8 to G9: a formula for democracy - The Times
With global co-operation under threat, India, China and Brazil could play a crucial part .
- Working with India - Chicago Tribune
The relationship between India and the United States brings to mind that of Elizabeth Bennett and Mr. Darcy in Jane Austen's "Pride and Prejudice."
- Investment column: India is in a commanding position, not just in cricket - The Daily Telegraph
India has a new obsession. The opening overs of today's first Test against England's depleted tourists in Nagpur will see crowds gathered round TVs the length and breadth of this vast country. The love affair with cricket remains undimmed.
- A nuclear partnership with India - Boston Globe
ONE OF THE few bright spots on a murky US global horizon is India. After decades of tensions with New Delhi, the Bush administration is moving steadily to establish a new strategic partnership to strengthen India as a counterweight to China in the Asian balance of power.
- India's No-Nonsense Budget Deserves Top Marks - Bloomberg News
Indian Finance Minister P. Chidambaram deserves applause for using the opportunity provided by rapid economic growth to put rickety government finances on a more stable footing.
- India's war on poverty: Easy victory unlikely - International Herald Tribune
President George W. Bush is planning a two-day wind sprint across India this week, when he will meet with political leaders, chat up high-tech millionaires and give a speech at a 16th-century fort.
- White House Letter: Bush's India trip echoes at home - International Herald Tribune
President George W. Bush is planning a two-day wind sprint across India this week, when he will meet with political leaders, chat up high-tech millionaires and give a speech at a 16th-century fort.
- White House Letter: Bush's India trip echoes at home - Newsweek
During the height of the dot-com boom, Dan Scheinman was one of Silicon Valley's most popular tech execs. As the chief of mergers and acquisitions for Cisco Systems, he couldn't go to a party without being besieged by entrepreneurs eager to sell their business to the deep-pocketed tech giant. Now Scheinman is once again the toast of dinner parties, but he's being pitched on new properties over tandoori chicken and Darjeeling tea in Bangalore.
- In India's Silicon Valley, Partying Like It's 1999 - New York Times
To the untutored eye, nothing seemed amiss in the buzzing Friday night scene at I-Bar, a stylish night spot in the Terence Conran-designed Park Hotel in Bangalore. As a blue mosaic swimming pool glimmered outside the low-lit lounge's glass doors, bartenders pressed glowing cocktails into manicured hands while expatriate professionals compared notes on local food (properly spicy) and broadband access (improperly slow).
- In India, Going Global Means Flaunting It - New York Times
Thirty years ago, luxury in India meant having a phone connection at home, an Indian-made Ambassador car parked out front, a bar of Toblerone chocolate carted home by an uncle visiting from abroad.
- The Full Maharani - New York Times
'Paheli," India's entry into the Oscars this year, really shines, and I mean that literally. The film, based on a 19th-century folk tale set in the state of Rajasthan, is remarkable on a number of scores - the gauzy colors, the twinkling special effects, the heart-rending love affair between the actress Rani Mukherjee and Shah Rukh Khan, who plays a ghost. But none of that can compare with its other amazing virtue as a product-placement extravaganza gone wild.
- US-India warmth follows Indian-American successes - Reuters
When U.S. President George W. Bush heads to India on Tuesday, few people in the United States will be paying closer attention to the trip than the nearly 2 million Americans of Indian origin.
- Skiing toward peace; Tourism is taking hold in Kashmir, where violence is always near - San Francisco Chronicle
It's not just the altitude that hijacks my breath as I alight from the world's highest gondola. The majestic Himalayan scene is equally complicit. From 14,000 feet, Kashmir appears to be a haven of peace and tranquility. Looks are sometimes deceiving.
- Bush's journey to India; Washington and New Delhi see benefits in a new relationship - US News & World Report
Where, in a world rife with anti-Americanism, can you find most people owning up to warm feelings for the Bush administration? One of those few places is here, in the South Asian giant of India, where President Bush arrives this week to mark rapidly warming relations between the world's oldest democracy and the world's largest.
- It Never Disappoints; The Taj Mahal has the sort of majestic beauty that catches you unawares - Wall Street Journal
President George Bush this week visits India -- the home of not just a masterpiece, but of one of the great wonders of the world.
- Making the trains run on time - The Economist
ALL over India, the ultra-modern jostles jarringly beside the medieval�or, these days, underneath it. At Chawri Bazar, in old Delhi, bicycle-rickshaw riders tout for business, while stray cows lounge around in the middle of the roundabout.
- The Indian Muslim - Asian Voice
Well known American journalist Selig Harrison was in town recently, and particularly interested in finding out why the Indian Muslim had not been lured by the "jihadi" movement.
|