ECONOMY & NATION


Veeresh Malik Veeresh Malik 06 October 2011
Is it a small people’s car or is it a small luxury car? Yet another small hatchback was launched recently, this time by Honda, called ‘Brio’. That makes it a very crowded segment, indeed. The timing, however, could not have been worse. With the cost of loans going through the roof and high...

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ML Digital Team 06 October 2011
The organised sector created 704,800 jobs in India between January 2011 and June 2011 and 369,200 more jobs are expected to be created by September 2011, according to Ma Foi Randstad Employment Trends Survey–Wave2. The survey was conducted among 690 firms in eight Indian cities. The respondents...

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Anand Datla Anand Datla 05 October 2011
The stock has taken a beating and die-hard Apple fans are not very enthused by the latest offering. It might be time for Apple to go back to the drawing board Amidst much frenzy and fanfare, Apple's new CEO Timothy Cook took centre-stage at 10:00AM local time inside the town hall in...

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Moneylife Digital Team 05 October 2011
The depreciating rupee, weak macroeconomic global environment, squeeze on margins and wage-hike related costs may cause strong headwinds With the top four IT companies expected to report sub-6% q-o-q (quarter-on-quarter) dollar revenue growth (versus a figure close to 8% in Q1FY12 and 6%-12%...

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Moneylife Digital Team 03 October 2011
Over the past month, the southwest monsoon has picked up substantially and finally ended on a positive note. According to a study released today, cumulative rainfall for the week ended 28th September stood at 2.3% over the Long Period Average. But will food inflation drop? The monsoon season...

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Ramesh S Arunachalam Ramesh S Arunachalam 03 October 2011
A number of chinks need to be ironed out during the process of microfinance securitisation. The RBI needs to look into these while finalising its draft guidelines on this subject The RBI (Reserve Bank of India) has put up the draft guidelines on securitisation on 27th September and it...

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Anand Datla Anand Datla 03 October 2011
The Amazon Fire, a seven-inch tablet, does not have enough ammunition to take on the Apple iPad. But its Silk browser has capabilities which make it optimal for any tablet and cloud computing—hence, it has a great chance of dominating the browser market The technology space is witness to a...

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Ramesh S Arunachalam Ramesh S Arunachalam 30 September 2011
It is great for banks to appoint many nominee-directors to MFI boards, but they must act responsibly on the ground It is great that banks have decided to appoint nominee directorsi  on the board of MFIs (microfinance institutions), whose debt is being restructured. That banks are willing to...

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Moneylife Digital Team 30 September 2011
Higher export prices have left no takers for Indian onions in the international market; wholesale prices are crashing due to excess supply The prices of onion in the wholesale market are crashing because of the lower offtake by exporters and adequate supply with the arrival of the kharif...

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Moneylife Digital Team 30 September 2011
SnapGhar, a newly-launched group buying website, claims that it will provide a collective-buying platform for the real estate industry The Indian realty sector is in a dismal condition. Prices of property, on one side, are skyrocketing, while there are simply no buyers for ready-possession...

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Shukti Sarma 30 September 2011
Poor logistics infrastructure and piracy have dampened prospects for several clones of Netflixs. Indian online movie rental services provider, Seventymm is still fighting with these issues even after entering into new verticals. This raises question on the consumer-entertainment model as well

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Moneylife Digital Team 29 September 2011
According to CRISIL, rising cost of ownership of cars and strikes are to subdue sales growth in the festive season. Frequent fuel price and interest rate hikes would also impact growth in 2011-12 Rising cost of ownership of cars due to frequent fuel price and interest rate hikes as well as...

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Ramesh S Arunachalam Ramesh S Arunachalam 29 September 2011
The idea of thinking that a credit bureau alone could eliminate multiple, over and ghost lending and usher in responsible micro-finance lending seems very naïve. In fact, this could result in the credit bureau becoming a red herring rather than an actual solution. And unless the systemic issues...

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Moneylife Digital Team 28 September 2011
Kingfisher Red gets the boot, Vijay Mallya says that the debt-plagued airline was exiting its low-cost operations because of "intense competition" and insists that the carrier has "several initiatives" in its kitty Vijay Mallya, chairman of private airline Kingfisher Airlines, announced at...

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Moneylife Digital Team 28 September 2011
Drop in ‘kharif’ production and depreciation of the rupee in the currency market has led to price rise, though ‘rabi’ crop estimates and the Centre’s contingency plan are expected to plug the demand-supply gap and stem the hike Prices of pulses such as yellow peas, tur dal and lentils have...

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Ramesh S Arunachalam Ramesh S Arunachalam 28 September 2011
MFIs, banks, SIDBI and respective industry associations must be given a fair chance to implead themselves into the Public Interest Litigation filed at the Madurai Bench of the Madras High Court A Public Interest Litigation (PIL) filed by Ms U Vasuki, (State General Secretary, All India...

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Ramesh S Arunachalam Ramesh S Arunachalam 27 September 2011
The microfinance credit bureau has not been set up yet due to lack of strong leadership, no serious regulatory support, unrealistic targets, lack of reliable ground-level data, IT issues and lack of focus on execution It has almost been over 12 months from the 2010 microfinance crisis and a...

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Moneylife Digital Team 26 September 2011
Reliance’s stated aim is “transforming the DNA” from being a predominantly energy major to a more consumer-focused business group. Will it work? Reliance Industries (RIL) is known to be moving away from a focus on its energy business, to create a larger and more diversified conglomerate. The...

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Gurpur Gurpur 26 September 2011
India is a tax haven for the rich as they do not have to pay any tax on their dividend income. But the middle-class citizen has tax deducted at source even on the paltry interest received from savings bank accounts President Obama of the United States is proposing to levy a tax on people...

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Ramesh S Arunachalam Ramesh S Arunachalam 24 September 2011
As concepts, a seal of excellence or social performance management will make good yardsticks to monitor Microfinance Institutions, but there will be practical difficulties in measuring these yardsticks and implementing them A friend alerted me to a paper being presented at a forthcoming...

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