from weak rupee By ET Bureau | 21 Aug‚ 2013‚ 07.05AM IST 23 comments |Post a Comment READ MORE ON » Yes Bank | Wipro | Tata Motors | Tata Consultancy Services | stocks | Sensex | Rupee NEW DELHI: Everybody loves a plunging rupee. Well‚ almost. The Indian currency’s free fall may have spooked the markets‚ resulting in a great deal of teeth-clenching by policymakers and punters alike‚ but it’s unlikely to keep many awake in the top echelons of India Inc. Eleven companies that account for nearly 45%
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competition and encouraging development and economic reform has definitely yielded increased trade in the world. This is evident from the increasing trend in global trade in the world over the years. However‚ its impact on different sectors of the economy has been a widely debated issue in this country and elsewhere. We get different versions of the impact of WTO on specific sectors from different stakeholders like policy makers‚ industry‚ farmers‚ researchers and general public. Even people within
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Iyengar sanjay ! ENVIRONMENTAL DEGRADATION AND ITS EFFECT ON INDIAN ECONOMY The environmental problems in India are growing rapidly. The increasing economic development and a rapidly growing population that has taken the country from 300 million people in 1947 to more than one billion people today is putting a strain on the environment‚ infrastructure‚ and the country’s natural resources. Industrial pollution‚ soil erosion‚ deforestation‚ rapid industrialization‚ urbanization‚ and land degradation
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IMPACT OF THE AGREEMENT ON AGRICULTURE ON THE INDIAN ECONOMY INDIAN AGRICULTURAL SCENARIO Indian agriculture is characterised by a preponderant majority of small and marginal farmers holding less than two hectares of land‚ less than 35.7% of the land‚ is under any assured irrigation system and for the large majority of farmers‚ the gains from the application of the science & technology in agriculture are yet to be realised. Farmers‚ therefore‚ require support in terms of development of infrastructure
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Contribution of Indian Financial Institution towards Economy Abstract: Banks over the year play an significant role in development of Indian economy. After liberalization‚ the financial depression‚ the position of banks have become all the more important in the course of working of the money market and hence the economy of a nation.. The economic reforms totally have changed the banking sector. RBI permitted new banks to be started in the private sector as per the recommendation of Narasimham committee
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Indian Economy: Current Problems and Future Prospects ms and rethinking of the pre-crisis policy regime‚ and even more importantly our development strategy‚ were called for. This realization led Dr. Singh to initiate systems reforms. In my view‚ these reforms would not have been initiated but for two external events. First was the collapse of the Soviet Union and its economy‚ whose central planning was the model for our own development. Second was the phenomenal success of China since the opening
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distinguished from portfolio investment‚ has the connotation of establishing a lasting interest in an enterprise that is resident in an economy other than that of the investor. FDI (FOREIGN DIRECT INVESTMENT) : FDI is defined as investment by a resident entity in one economy that reflects the objective of obtaining a lasting interest in an enterprise resident in another economy. The lasting interest implies the existence of a long-term relationship between the direct investor and the enterprise and a significant
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growth. Objective of the Paper • Highlight the issue of financial exclusion • Impact on Indian economy of financial inclusion • RBI initiatives & guideline • Scope & challenges of financial inclusion in India • Further suggestion Meaning of Financial Inclusion “The process of ensuring access to appropriate financial products and services needed by vulnerable groups such as weaker sections and low income groups at an affordable cost in a fair and
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Global Financial Crisis and Impact on Indian Economy ABSTRACT Financial crisis means a sudden change in the financial stability in the country‚ a situation where some of the huge financial institutions suddenly lose a large part of their assets. Some financial crisis may be due to the down turn of banking institutions‚ or may be due to stock market crashes or bubble‚ or huge inflation‚ or sovereign default‚ etc. The various economic activities such as production‚ employment‚ saving‚ investment
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get to know some basics: Exchange rate – the rate at which a currency can be exchanged. It is the rate at which one currency is sold to buy another. Foreign exchange market – Also known as “Forex” or “FX”. It is a market to trade currencies Indian foreign exchange rate system – India FX rate system was on the fixed rate model till the 90s‚ when it was switched to floating rate model. Fixed FX rate is the rate fixed by the central bank against major world currencies like US dollar‚ Euro‚ GBP
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