The bulls say India is the ‘next China’. Odds are they are right, if not today then within a decade or so. But even if this proves to be right in terms of growth, India is a very different country than China on many fundamental dimensions, demography and democracy being key. But most importantly, China has been built on infrastructure, investment and manufacturing, while India has barely scratched the surface on all three.
India began its economic reform in the early 1990s, more than a ..
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NEW DELHI: SpiceJetBSE 6.22 % today announced discount sale offering fares starting as low as Rs. 749/- base fare (excluding taxes) for the domestic sector and Rs. 3,999/- all in for the international sectors respectively. More than 3,00,000 lakh seats are available on this sale!
Tickets on sale can be booked October 27 and October 29, 2015, for travel between February 1, 2016, and October 29, 2016.
“The all inclusive one-way fare applicable on direct flights encompasses all ..
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https://economictimes.indiatimes.com/articleshow/49547906.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
“Follow the pundits”, is a strategy many investors looking to making a fortune on the stock markets swear by. There are several investors in the United States who have built the ‘Buffett portfolio’, following the strategy of Warren Buffett. The cornerstone of Warren Buffett’s investment philosophy is to identify stocks that pass the ‘basic screen test’. Inspired by Buffett, ET Intelligence Group trained its gaze on Dalal Street stocks to find winners in the basic screen test. In what comes as ..
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https://economictimes.indiatimes.com/articleshow/49515324.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
NEW DELHI: Crossing a significant milestone in negotiations for the 36-aircraft Rafale fighter deal, India and France have firmed up an understanding on the offsets segment under which the French have agreed to invest 50 per cent of the deal’s worth in related sectors.
The offsets deal was clinched in the last few days, people aware of the matter told ET. Even as the deal was being reached, French aircraft manufacturer Dassault had already reached out to Indian companies in the defenc ..
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https://economictimes.indiatimes.com/articleshow/49487260.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
NEW YORK: The United States is the best partner for Prime Minister Narendra Modi’s ” Make in India” campaign as the two nations seek to reinforce their strategic interests through commerce, a senior US government official said Tuesday.
Under Secretary of Commerce Stefan Selig said that because the US produces “the best manufacturing exports” India will have “no better partner” in its bid to make the country “an elite manufacturing hub on the global stage.”
Briefing reporters he ..
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https://economictimes.indiatimes.com/articleshow/48982795.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
CHENNAI: India’s atomic power company Nuclear Power Corporation of India Ltd (NPCIL) is likely to restart its first 1,000 MW unit at Kudankulam Nuclear Power Project (KNPP) only in December this year, said a source.
The source, not wanting to be named, told IANS: “The first unit is expected to restart generation only in December. The second unit may take longer time to start power generation.”
The NPCIL is building two 1,000 MW atomic power plants with Russian equipment at ..
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https://economictimes.indiatimes.com/articleshow/49548253.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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