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Topic: Indian Economy

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Economy of Asia

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India

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History of India

	Economy of India - Wikipedia, the free encyclopedia
		After the fall of the Mughals and the rise of Maratha Empire, the Indian economy was plunged into a state of political instability due to internecine wars and conflicts.
		Indian economic policy after independence was influenced by the colonial experience (which was seen by Indian leaders as exploitative in nature) and by those leaders' exposure to Fabian socialism.
		The Indian rupee is accepted as legal tender in the neighbouring Nepal and Bhutan, both of which peg their currency to that of the Indian rupee.
	en.wikipedia.org /wiki/Economy_of_India (6235 words)

	The Indian Economy in Saskatchewan (Site not responding. Last check: 2007-10-30)
		The Indian economy is a dependent economy in the sense that there is a net inflow of resources from the Canadian economy to subsidize consumption.
		Another indication of the underdeveloped of the Indian economy is the predominance of Indian employment in the tertiary (service) sector and particularly in the public sector.
		The Indian economy is characterized by low rates of employment, low incomes, and by socio-economic correlates of under-developed such as low rates of educational attainment, low life expectancy, poor housing and health conditions, etc.
	collections.ic.gc.ca /SaskIndian/a89apr08.htm (2031 words)

	Indian Economy
		India’s economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of support services.
		Moreover, economy policy changes have not yet significantly increased jobs or reduced the risk that international financial strain will bring within the next few years.
		India exports, and foreign institutional investment were affected by the East Asian crisis in late 1997 and early 1998, but capital account controls, a low ratio of short-term debt to reserves, and enhanced supervision of the financial sector helped insulate it from near term balance-of-payments problems.
	www.india4u.com /history/economy.asp (474 words)

	ipedia.com: India Article (Site not responding. Last check: 2007-10-30)
		A major metamorphosis in Indian politics was seen as, in the late 90’s; the Bharatiya Janata Party (BJP) became the first non-Congress party to hold central Indian government for a full-term with the support of regional parties.
		The Indian economy is largely agrarian (25% of the economy) but Manufacturing and Services have recently gathered pace as India becomes a more attractive destination for outsourcing and grows as a consumer market.
		The most acclaimed director in Indian cinema (and among the greats in the world) was Satyajit Ray; part of the Bengali film tradition, he is one of the few Indians to have won an Academy Award.
	www.ipedia.com /india.html (2648 words)

	BBC News \| SOUTH ASIA \| War fears hurt Indian economy
		Indian stocks crashed to a eight-year low on Friday as jittery investors dumped shares amidst fears of an imminent US strike against Afghanistan.
		John Band, chief executive officer of an international brokerage house, A S K Raymond James, told the BBC that the Indian economy was a resilient one and should be able to tide over the present crisis.
		Also the Indian economy is still fairly inward looking and this should also help the country remain insulated to some extent from the goings on in the rest of the world," he added.
	news.bbc.co.uk /1/hi/world/south_asia/1556939.stm (581 words)

	Indian Economy Overview (Site not responding. Last check: 2007-10-30)
		The economy of India is the fourth largest in the world, with a GDP OF $3.63 trillion at PPP, and is the tenth largest in the world with a $691.9 billion at 2004 USD exchange rates and has a real GDP growth rate of 6.2% at PPP.
		Growth in the Indian economy has steadily increased since 1979, averaging 5.7% per year in the 23-year growth record.
		Indian economy has posted an excellent average GDP growth of 6.8% since 1994 India, the fastest growing free-market democracy in the world, registered a growth rate of 8.2 percent in FY 2004.
	www.indianindustry.com /indianeconomyoverview.html (860 words)

	Indian Economy and Economic Issues @ whatisindia.com
		For over a century the United States has been the largest economy in the world but major developments have taken place in the world economy since then, leading to the shift of focus from the US and the rich countries of Europe to the two Asian giants - India and China.
		India is slated to become the third largest economy with a share of 14.3 per cent of global economy by 2015 and graduate to become the "third pole" and growth driver by 2035.
		The economy is expected to grow at close to 7 per cent.
	www.whatisindia.com /economy.html (1184 words)

	Indian Economy on 8% Plus Growth Path — FDI or FII
		Growth of Indian economy is a bit shy of 8% mark.
		It was an adjustment period for the Indian economy.
		It is period of greatest improvement in the Indian economy and its perception abroad.
	www.saag.org /papers13/paper1208.html (1775 words)

	Economy&Commercial Matters
		Indian Pharma companies are expected to get a revenue of US$ 2.17 billion by 2008 (from 554 million dollars in 2003) in the US generics market.
		Indian pharma exports are expected to increase five fold from US$ 1.5 billion in 2002 when patents expire for drugs worth US$ 55 billion in the next five years.
		Indian companies and the government are beginning to focus on the issues of data privacy, information security and IPR.
	www.indianembassy.pl /economy.html (8389 words)

	Indian Economy
		With the reforms, India made a dramatic shift from an economy relatively closed to the global economy to one that is relatively open.
		C Forestry and Fishing Although relatively undeveloped on a national scale, large-scale commercial fishing is vital to the economy in certain regions, such as the Ganges delta in West Bengal and along the southwestern coast.
		The major Indian ports, including Calcutta, Mumbai, Chennai, Cochin, and Vishâkhapatnam, are served by cargo carriers and passenger liners operating to all parts of the world.
	india.punjabilit.com /economy.htm (2729 words)

	Indian CA Online - Everything About Finances & Taxes \|\| Indian Economy (Site not responding. Last check: 2007-10-30)
		But, since the overall economy looks good the collections despite any decline should be able to meet the targets unless there is a drastic economic downturn.
		The Indian Income-Tax Act refers to amalgamations to mean merger of one or more companies with another company or the merger of two or more companies to form another company.
		The Indian law starts on the premise that transfer of capital assets in a scheme of amalgamation by the amalgamating company to the amalgamated company will attract capital gains tax.
	www.indiancaonline.com /section/economy (7277 words)

	Indian Rayon \| Media \| Features \| Landmark corporate restructuring
		The board of directors of Indian Rayon and Industries Limited (Indian Rayon), Indo Gulf Fertilisers Limited (Indo Gulf) and Birla Global Finance Limited (Birla Global), in their respective meetings on 11 September 2005, approved the restructuring proposal for the mergers of Indo Gulf and Birla Global with Indian Rayon.
		Indian Rayon will also issue to Birla Global Finance shareholders 1 equity share of Indian Rayon for every 3 equity shares of Birla Global Finance held.
		Birla said that the Indian economy is unleashing immense opportunities for growth and leadership in both the new age businesses as well as real economy businesses.
	www.indianrayon.com /media/features/corporate_restructuring.htm (999 words)

	BBC NEWS \| Business \| Strong growth for Indian economy
		The Indian economy grew at 8% in the six months to September compared with a year ago, meeting the target for growth set by the finance ministry.
		The economy was boosted by growth in the tourism and financial sectors, and a strong manufacturing performance.
		India is one of the world's fastest growing economies, is increasingly open to foreign competition and is attracting increasing amounts of overseas funds.
	news.bbc.co.uk /2/hi/business/4484146.stm (371 words)

	Ancient Indian Economy
		However, there have always been a lot of Indians involved in trade too, because India is between China and West Asia and Europe.
		From the Harappan period on, Indian people were selling West Asian things like gold to people in China, and Chinese things like silk and pottery to people in West Asia.
		Traders in India also sold Indian things to both China and West Asia, especially cotton cloth and spices like cinnamon and pepper.
	www.historyforkids.org /learn/india/economy/index.htm (290 words)

	India Economy Watch
		Looks like AT&T is getting ready to quit the Indian mobile phone market (their last remaining investment is in IDEA cellular), even as a record 1.9 million subscribers were added in November alone.
		In the first post-reform decade, the Chinese economy grew at 10.1 per cent while the Indian economy grew at 5.7 per cent in the corresponding decade.
		Indian educational system is a sad mockery of an institution that forms the bedrock of any sustainable society.
	indiaeconomywatch.blogspot.com (7961 words)

	Indian Economy Grows 9.3 Percent, Indian Economy Grows 9.3 Percent in Latest Quarter, Government Says - CBS News
		For the fiscal year through March, the Indian economy grew 8.4 percent, surpassing the government's own expectations for 8.1 percent growth.
		But the news failed to lift the Indian stock market, where the benchmark Sensex index slid 3.6 percent Wednesday, bringing its losses since May 10 to nearly 20 percent.
		The strong momentum in manufacturing output this past year was sustained by buoyant exports and growing demand for housing and consumer goods by urban Indians, whose incomes have risen with the economic boom.
	www.cbsnews.com /stories/2006/05/31/ap/business/mainD8HUONCO1.shtml (455 words)

	E-Notes: The Rise of the Indian Economy - FPRI
		The rise of the Indian economy is one of the most important economic developments of our day.
		Basically, the view was that the state ought to seize control of the economy and ought not be run by the capitalist sector.
		Dani Rodrik, a well-known growth economist at Harvard, and Arvind Subramanian, an Indian economist at the IMF, continuing a line of work pioneered by American economist Brad Delong, have argued that the acceleration in Indian growth really came long before 1991, which is from when reformers had liked to date it.
	www.fpri.org /enotes/200604.india.williamson.riseindianeconomy.html (3797 words)

	NOW with David Brancaccio. Politics & Economy. Indian Gaming Scandal \| PBS
		The Bureau of Indian Affairs handles the administration and management of 55.7 million acres of land held in trust by the United States for American Indians, Indian tribes, and Alaska Natives.
		In 1977, the Senate temporarily re-established the Committee of Indian Affairs after a hiatus coinciding with the "Termination Era," a period in which U.S. policy was to terminate the federal relationship with Indian tribes.
		The National Indian Gaming Association (NIGA), established in 1985, is a non-profit organization of Indian Nations with other non-voting associate members representing organizations, tribes and businesses engaged in tribal gaming enterprises from around the country.
	www.pbs.org /now/politics/indiangaming.html (1163 words)

	'Indian economy is accelerating'
		He, however, agreed with Indian Prime Minister Manmohan Singh that it was "prudent and appropriate to have safety net and framework so that the countries are better prepared in case any external shocks or internal events create problem."
		Replying to a question, the ADB president said, "Indian economy is accelerating and poverty is reducing.
		Noting that the Indian economy grew by 8 per cent during last three years, Kuroda said further acceleration would be possible if infrastructure was improved and economic reforms continued.
	www.rediff.com /money/2006/may/06adb4.htm (323 words)

	The Indian Economy Blog » The Indian Consumer Cometh (Site not responding. Last check: 2007-10-30)
		In case you’re wondering why an article by Roach matters, you certainly are underestimating the man’s influence (for better or for worse) among the movers and shakers in finance and industry in the U.S. The consumption story — the organic sustenance of sustainable growth and development — casts India in a very different light.
		The potential comes from the structure of the Indian economy: Private consumption currently accounts for 64% of Indian GDP — higher than shares in Europe (58%), Japan (55%), and especially China (42%).
		India being a consumption-driven economy is not new.
	indianeconomy.org /2005/11/01/the-indian-consumer-cometh (1213 words)

	The US slowdown and its impact on the Indian economy
		Consider the facts :India's export as a percentage of GDP is less than 10%,Compared to the size of the Indian economy, foreign investments in India are quite small.From the look of it Internal factors more than the external factors are at play and are more relevant to the performance of the Indian economy.
		Possibility I: The US economy had been on a high growth path for almost a decade now; a correction was very much in the offing.
		Compared to many other Asian economies such as Korea, Indian economy is not so much globalized from the point of view of total exports as a percentage of GDP.
	www.ciol.com /content/idc_channel/idc_view/101052201.asp (1014 words)

	Indian economy - Embassy of India in Armenia [ENG]
		Indian economy - Embassy of India in Armenia [ENG]
		Indian agricultural products are exported to over 50 countries.
		The Indian economy, the third largest in the world (PPP), has come of age.
	www.indianembassy.am /eng/indian_economy.html (217 words)

	ABC News: Indian Official: Gov't Must Open Economy (Site not responding. Last check: 2007-10-30)
		Indian Minister for Petroleum and Natural Gas Mani Shankar Aiyar, left, greets Asian Development Bank Vice President Operations Jin Liquin, right, as Jubilant Organosys Co-Chairman and Managing Director Hari S. Bhartia looks on at the India Economic Summit 2005 in New Delhi, India, Monday, Nov. 28, 2005.
		The Indian government hopes to open the economy more to foreign competition despite opposition from powerful leftist allies, a senior government official said Monday.
		India's economy is currently growing at a 7 percent rate, but experts and officials said it could emulate China's success and expand even faster.
	abcnews.go.com /Business/wireStory?id=1351258&CMP=OTC-RSSFeeds0312> (432 words)

	Top20Economics.com - Online Directory for Economics Education.
		See political economy for the study of economics in the context of political science, and socioeconomics for the study of economics in the context of sociology.
		The term political economy was used through the 18th and 19th centuries, with Adam Smith, David Ricardo and Karl Marx as its main thinkers and which today is frequently referred to as the "classical" economic theory.
		Both "economy" and "economics" are derived from the Greek oikos- for "house" or "settlement", and nomos for "laws" or "norms".
	www.top20economics.com (5224 words)

	ICT [2004/12/01] Strategizing 'a national economy for Indian country'
		In the third in a series of articles drawn from Johnson's presentation, he continues a countdown of the ''dirty dozen'' questions of tribal due diligence, designed to pinpoint the major changes needed for a transition ''from'' one set of practices and ''to'' another that will produce and support tribal economic diversification.
		Let me suggest that most of your economies, they may not be the growth industries of the future.
		So if Indian country is going to be an engine of economic growth, it has to access the capital markets.
	www.indiancountry.com /content.cfm?id=1096409932 (980 words)

	Asia Times Online :: South Asia news, business and economy from India and Pakistan
		Agriculture seems to have been a drag on the economy in the last year or two after near double-digit growth in 2003-04, which pushed the overall growth of the economy to 8.2%.
		One major indicator for buoyancy in the economy is the upswing in the prices of real estate in major metropolises, which have been pushed up by at least 10-20%.
		Non-resident Indian steel tycoon Lakshmi Mittal is also negotiating with the Jharkhand state government for setting up a 10 million ton plant.
	www.atimes.com /atimes/South_Asia/GH16Df01.html (1233 words)

	Search Tuna Report for indian (Site not responding. Last check: 2007-10-30)
		Indian Children Indian Children provide a special treat to any visitor of India and they are extremely dear to their families....
		The Indian economy is the fourth largest in the world in GDP, measured in terms of purchasing power parity....
		Through our scholarships for American Indian college students and our support of America's tribally controlled colleges and universities, we are giving hope to, and creating better lives for, generations of Native American students and their families and communities.
	www.searchtuna.com /ftlive2/1189.html (1177 words)

	[No title] (Site not responding. Last check: 2007-10-30)
		India's economy is on the fulcrum of an ever increasing growth curve.
		The GDP grew by 7.4 per cent in the first quarter and 6.6 per cent in the second quarter of the current year, compared with 5.3 per cent and 8.6 per cent in the corresponding quarters of the previous year.
		Indian economy transforms into a star performer with booming growth
	www.ibef.org /economy/overview.aspx (887 words)

	NationMaster - Indian Economy statistics (Site not responding. Last check: 2007-10-30)
		The economy has posted an excellent average growth rate of 6% since 1990, reducing poverty by about 10 percentage points.
		A series of ambitious economic reforms aimed at deregulating the economy and stimulating foreign investment has moved India firmly into the front runners of the rapidly growing Asia Pacific Region and unleashed the latent strength of a complex and rapidly changing nation.
		India's business confidence in April was at an eight-year high, with the economy estimated to have grown at its fastest in 15 years in the year to March 31, said the National Council for Applied Economic Research.
	www.nationmaster.com /country/in/Economy (2793 words)

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