U.S recession and its impact on indian economyramanraman
The document discusses the impact of the 2008 recession in the United States on the Indian economy. It notes that the U.S. recession was caused by the subprime mortgage crisis and rising unemployment. This led to a decline in U.S. economic growth and GDP. The recession negatively impacted key sectors in India like exports, IT, real estate, banking, and manufacturing due to declining demand from the U.S. and other countries. The Indian government and central bank took steps to cut interest rates and increase liquidity to mitigate the effects. Overall, while India was still growing, the recession had significant consequences on the country's economic performance and job losses.
The document discusses the effects of recession on various Indian business sectors. It first defines recession and explains how the National Bureau of Economic Research officially declares recessions in the US. It then discusses some major Indian sectors affected by recession, including textiles, banking, aviation, the stock market, and automobiles. The textile industry saw job losses of 800,000 people. Banks suffered losses from exposure to failed US financial firms. Aviation faced high fuel costs, debt, and job cuts. The stock market witnessed its worst falls in history. Automakers like Tata Motors, Maruti Suzuki, and Mahindra saw uncertain demand.
Impact Of Global Recession On Indian Economyumarfarook
The global recession originated from the US sub-prime mortgage crisis where risky loans were given to borrowers with poor credit. This led to a stock market crash and decline in exports for India. The Indian economy was impacted through a weakening rupee, cash crunch for banks, job losses, and lower salaries. While India's growth rate slowed, it was still expected to grow at 7% annually. The recession presented both challenges like higher inflation and opportunities for India to demonstrate its ability to grow independently.
The document is a report on the impact of recession in India that was submitted to Ms. Rimjhim Tandon at Sharda University. It discusses the causes of recession such as currency crises, energy crises, wars, underconsumption, and overproduction. It also examines the effects of recession like bankruptcies, credit crunches, deflation, foreclosures, and unemployment. The report utilized a questionnaire to research the topic, with questions about how recession impacts economies and factors that cause recessions.
A recession is defined as a decline in a country's GDP for two or more successive quarters. It is caused by factors like fiscal and monetary policy changes, shocks from increasing oil prices or geopolitical events, and the 2008 housing and subprime mortgage bubbles. The effects of a recession include declining home values, higher unemployment, reduced business expansion and stock market performance. While recessions are a normal part of the economic cycle, the current risks of a global recession are estimated at 25% due to interconnected global markets and trade. Individuals can recession-proof themselves by reducing debt, saving an emergency fund, continuing education and staying positive.
The document provides an overview of the global economic slowdown presented by Nishant Chhabra. It defines a slowdown as a reduction in GDP for at least two quarters and a recession as two consecutive quarters of negative GDP growth. It discusses causes of slowdowns like decreased consumer confidence leading to less spending. The US economy is discussed as consumption-based and impacted by the housing crisis and tightening credit. The global impacts are described, including effects on countries like India from decreased outsourcing and exports. Sectors facing slowdowns are also outlined such as manufacturing, real estate, banking, and exports. Corrective steps proposed include actions by the RBI, reducing taxes, and price drops in real estate.
The document discusses the global recession of 2007-2009 and its impact on the Indian economy. It defines recession and global recession, describing the causes of the crisis in the US and how it impacted various sectors in India like IT, real estate, banking, exports and FDI. The recession led to falling stock markets, lower exports and IT jobs, and stalled real estate development. The government took steps to reduce taxes and interest rates to stimulate the economy. While India was still better off than many countries, most economic sectors felt significant effects from the global downturn.
The document discusses the impact of the global financial crisis on India. It summarizes that initially India was insulated from the crisis due to its robust financial system. However, India was still impacted through declines in the stock market, rising inflation, falling exports, and depletion of foreign exchange reserves. The crisis led to job losses, especially in the diamond and jewelry industry in Gujarat. While India was less impacted than other countries, the government took measures like lowering interest rates and announcing economic stimulus packages to help lift the economy out of recession.
U.S recession and its impact on indian economyramanraman
The document discusses the impact of the 2008 recession in the United States on the Indian economy. It notes that the U.S. recession was caused by the subprime mortgage crisis and rising unemployment. This led to a decline in U.S. economic growth and GDP. The recession negatively impacted key sectors in India like exports, IT, real estate, banking, and manufacturing due to declining demand from the U.S. and other countries. The Indian government and central bank took steps to cut interest rates and increase liquidity to mitigate the effects. Overall, while India was still growing, the recession had significant consequences on the country's economic performance and job losses.
The document discusses the effects of recession on various Indian business sectors. It first defines recession and explains how the National Bureau of Economic Research officially declares recessions in the US. It then discusses some major Indian sectors affected by recession, including textiles, banking, aviation, the stock market, and automobiles. The textile industry saw job losses of 800,000 people. Banks suffered losses from exposure to failed US financial firms. Aviation faced high fuel costs, debt, and job cuts. The stock market witnessed its worst falls in history. Automakers like Tata Motors, Maruti Suzuki, and Mahindra saw uncertain demand.
Impact Of Global Recession On Indian Economyumarfarook
The global recession originated from the US sub-prime mortgage crisis where risky loans were given to borrowers with poor credit. This led to a stock market crash and decline in exports for India. The Indian economy was impacted through a weakening rupee, cash crunch for banks, job losses, and lower salaries. While India's growth rate slowed, it was still expected to grow at 7% annually. The recession presented both challenges like higher inflation and opportunities for India to demonstrate its ability to grow independently.
The document is a report on the impact of recession in India that was submitted to Ms. Rimjhim Tandon at Sharda University. It discusses the causes of recession such as currency crises, energy crises, wars, underconsumption, and overproduction. It also examines the effects of recession like bankruptcies, credit crunches, deflation, foreclosures, and unemployment. The report utilized a questionnaire to research the topic, with questions about how recession impacts economies and factors that cause recessions.
A recession is defined as a decline in a country's GDP for two or more successive quarters. It is caused by factors like fiscal and monetary policy changes, shocks from increasing oil prices or geopolitical events, and the 2008 housing and subprime mortgage bubbles. The effects of a recession include declining home values, higher unemployment, reduced business expansion and stock market performance. While recessions are a normal part of the economic cycle, the current risks of a global recession are estimated at 25% due to interconnected global markets and trade. Individuals can recession-proof themselves by reducing debt, saving an emergency fund, continuing education and staying positive.
The document provides an overview of the global economic slowdown presented by Nishant Chhabra. It defines a slowdown as a reduction in GDP for at least two quarters and a recession as two consecutive quarters of negative GDP growth. It discusses causes of slowdowns like decreased consumer confidence leading to less spending. The US economy is discussed as consumption-based and impacted by the housing crisis and tightening credit. The global impacts are described, including effects on countries like India from decreased outsourcing and exports. Sectors facing slowdowns are also outlined such as manufacturing, real estate, banking, and exports. Corrective steps proposed include actions by the RBI, reducing taxes, and price drops in real estate.
The document discusses the global recession of 2007-2009 and its impact on the Indian economy. It defines recession and global recession, describing the causes of the crisis in the US and how it impacted various sectors in India like IT, real estate, banking, exports and FDI. The recession led to falling stock markets, lower exports and IT jobs, and stalled real estate development. The government took steps to reduce taxes and interest rates to stimulate the economy. While India was still better off than many countries, most economic sectors felt significant effects from the global downturn.
The document discusses the impact of the global financial crisis on India. It summarizes that initially India was insulated from the crisis due to its robust financial system. However, India was still impacted through declines in the stock market, rising inflation, falling exports, and depletion of foreign exchange reserves. The crisis led to job losses, especially in the diamond and jewelry industry in Gujarat. While India was less impacted than other countries, the government took measures like lowering interest rates and announcing economic stimulus packages to help lift the economy out of recession.
Impact on Indian Industries Sectoral AnalysisSunil
The document discusses the impact of the 2008 recession on various sectors of the Indian economy. It notes that the US recession led to a slowdown in the Indian economy, resulting in job losses of over 1.45 million, especially in the IT and textile sectors. The IT sector was hit hard as the US is a major market, and appreciation of the rupee against the dollar hurt earnings. Real estate development declined as well due to decreased foreign investment. The manufacturing and textile industries also contracted substantially during this period, with textiles exporting over half of products to affected markets like the US and EU.
The Great Recession of 2008 was the worst economic downturn since the Great Depression. It originated in the United States due to a housing bubble and lax lending practices that led to many subprime mortgages being issued. As the housing market declined, it caused a financial crisis that spread globally. Major financial institutions collapsed and unemployment rose sharply in the US and Europe. The recession had significant impacts including job losses, declines in GDP, real estate prices and stock markets falling worldwide.
The document discusses the impact of the global recession on the Indian banking sector. It provides historical context on the development of banking in India from 1786 to post-liberalization in 1991. It then discusses how the recession affected the Indian economy through decreased exports, GDP growth, and financial sector stability. While some public sector banks suffered losses from exposure to failed Western financial institutions, the Indian banking system avoided failure overall due to traditional practices, strong nationalized banks, and RBI regulation. The recession is predicted to return between 2015-2018, so lessons from it include borrowing only what is needed, seeing a house as shelter not investment, and prioritizing job stability.
A recession is defined as a period of reduced economic activity where a country's GDP declines for at least two consecutive quarters. It can be caused by currency crises, energy crises, underconsumption, overproduction, or financial crises. Past recessions in the US lasted between 8 months to 2 years. During recessions, unemployment typically rises 2-3 percentage points, adding 3-5 million newly unemployed Americans. However, job losses mainly affect low-skilled workers, as skilled jobs remain available. As a recession looms, human resources management plays a strategic role in optimizing staffing, boosting productivity, managing compensation and benefits, and retaining key employees through communication and motivation.
This document discusses recessions, including defining a recession as a general slowdown in economic activity, and listing some potential causes such as financial crises or trade shocks. It then outlines several impacts of recessions such as falling GDP, investment, income and rising unemployment. The document also discusses different shapes recessions can take (V, U, L, W) and sectors most affected by recessions like stock markets, IT, banking, real estate and automobiles. It provides examples of past global recessions and their causes.
The document discusses inflation and recession. It defines inflation as a general rise in prices over time, and notes its causes can include excess money supply, rapid bank credit expansion, and deficit financing. It also defines recession as a period of declining economic activity for at least two quarters. The impacts of inflation and recession discussed include increased costs of living, income inequality, and rising unemployment respectively. The document also outlines some government measures that can be taken to control inflation and help overcome recession, such as interest rate adjustments, import liberalization, and stimulus spending.
The document summarizes the effects of recession on the economies of the United Kingdom and India. It finds that the UK was more severely impacted due to its investments in risky financial products prior to the recession. In contrast, India's economy was less affected because the country's growth was robust and its financial system was not as exposed. The document recommends fiscal and monetary policies used by both countries to mitigate the recession's impacts.
Steve Jobs, the demanding visionary who understood before anyone else how deeply we would live our lives through our devices, died Oct 5th 2011 at the age of 56, only weeks after resigning as chief executive of computer giant Apple Inc. as he battled pancreatic cancer.
The document summarizes the key events and impacts of the Great Depression that began with the stock market crash of 1929. It describes how various sectors of the US economy such as agriculture, consumer spending and the wealth gap were struggling in the late 1920s. The stock market crash in October 1929 marked the beginning of the Great Depression, as stock prices plummeted and banks collapsed in its aftermath. Unemployment rose dramatically to 25% by 1933 as GDP fell nearly 50%. Worldwide, many countries were severely impacted due to economic interdependence and the dust bowl exacerbated problems in North America. The Depression ended during World War 2 as US factories received orders to support the war effort.
The document discusses the effects of the global economic recession in India. It first provides an overview of what constitutes a recession and some of the typical causes such as currency crises, inflation, and national debt. It then discusses the specific causes of the current global recession, including sub-prime lending crisis and tightening liquidity. Some of the key effects in India included difficulties in borrowing, falling stock markets, and unemployment. The document outlines strategies for businesses to deal with the recession, such as reevaluating pricing, monitoring cash flow, and reducing costs and stock levels. It also provides a SWOT analysis for operating during an economic downturn.
The document provides an overview of the global financial crisis of 2008. It discusses several key points:
- The US housing market boom from 2002-2006 led to a housing price bubble that eventually burst, contributing to the crisis. As housing prices declined sharply from their 2006 peak, foreclosures and defaults increased substantially.
- Loose monetary policy by the US Federal Reserve from 2002-2004, keeping interest rates low, fueled risky lending and the housing bubble. When rates rose in 2005-2006, the default rate on adjustable mortgages skyrocketed.
- Highly leveraged investment banks collapsed in 2008 as default rates rose due to declining lending standards. Stock prices around the world plummeted nearly 40
The document discusses the global recession of 2008 and its impact on the Indian economy. It first defines recession and explains how the US subprime mortgage crisis and rising oil prices caused a recession. This impacted India as US outsourcing and exports from India declined. Key sectors affected included the stock market, IT industry, real estate, exports, and foreign investment. The government took steps like lowering interest rates to address the situation, but recession still had widespread effects on jobs and businesses across multiple industries in India.
This short document welcomes the reader to the Advent season and Christmas season. It is authored by Leo Victor who provides his email for contact. The document repeats its welcome and is signed off with a wish for a wonderful Christmas season from Leo Victor and his email.
This short document encourages the reader to vote for something if they like it. It was written by LeoVictor, but provides no other context or details about what specifically people are being asked to vote for.
Green Business are the future business and Green IT can be one of the best business for future which help companies in Energy Efficiency and also help in CSR and also save the environment.
I can summarize the key points about the person in 3 sentences:
The document provides information about a person named Leo, who was born on October 11, 1983 and loves playing games and his favorite dish. Leo has an MBA in systems and IT production and started his career at a software company, but resigned from his job. He now owns an environmental company called Mars Vapours and seems happy with his current life.
Mother of all who showed us the way to love the poor, forgive other, love god and help others.
How lucky are we to have a Mother like her.
Missionaries of Charity. Lets provide our Help to them
Green General Tips provides over 30 tips for living more sustainably and reducing environmental impact, such as changing light bulbs to fluorescents, hanging clothes to dry, turning off electronics when not in use, using both sides of paper, taking shorter showers, recycling glass, and inflating tires properly. Following these tips can help save energy, water, and money while protecting the planet.
The document outlines three secrets to green business success:
1. Aiming for mere compliance with environmental regulations is expensive, whereas designing toxins out of processes avoids ongoing treatment costs. Treat sustainability as an opportunity, not a threat, while still running a business.
2. Follow an ecosystem model of sustainability by using sustainable materials and energy, or improve eco-efficiency by a factor of 10 if an ecosystem model can't be achieved.
3. Take both huge leaps toward more sustainable practices and many small steps in resource efficiency to become truly green. Outlined are strategies like change management, continuous improvement, and reinventing products and business models.
1) The author recounts a frightening experience from 2000 where he encountered an old man late at night while cycling up a remote mountain road.
2) The old man was able to know details about the author and his family, and despite slow cycling, it took 20 minutes to travel half a kilometer with the man.
3) When they arrived at their destination, the old man disappeared into thin air near a cemetery, terrifying the author. He was hospitalized for days from shock and illness after the event.
4) To this day, the author remains confused if the being was an angel or devil, as it helped him travel but disappeared strangely near a graveyard.
How Green is India and Green IT Mars Vapours SolutionLeo Zalki
The document discusses the level of awareness and adoption of green IT practices among Indian companies. A survey found that 69% of respondents were aware of green IT, with awareness highest among large companies and public sector undertakings. Most companies see green IT as important, primarily to reduce costs. While awareness exists, implementation varies, with some companies focusing more on areas like power management and data center efficiency over others like e-waste management. Overall adoption of green IT in India is growing but still lagging international standards in some areas.
Impact on Indian Industries Sectoral AnalysisSunil
The document discusses the impact of the 2008 recession on various sectors of the Indian economy. It notes that the US recession led to a slowdown in the Indian economy, resulting in job losses of over 1.45 million, especially in the IT and textile sectors. The IT sector was hit hard as the US is a major market, and appreciation of the rupee against the dollar hurt earnings. Real estate development declined as well due to decreased foreign investment. The manufacturing and textile industries also contracted substantially during this period, with textiles exporting over half of products to affected markets like the US and EU.
The Great Recession of 2008 was the worst economic downturn since the Great Depression. It originated in the United States due to a housing bubble and lax lending practices that led to many subprime mortgages being issued. As the housing market declined, it caused a financial crisis that spread globally. Major financial institutions collapsed and unemployment rose sharply in the US and Europe. The recession had significant impacts including job losses, declines in GDP, real estate prices and stock markets falling worldwide.
The document discusses the impact of the global recession on the Indian banking sector. It provides historical context on the development of banking in India from 1786 to post-liberalization in 1991. It then discusses how the recession affected the Indian economy through decreased exports, GDP growth, and financial sector stability. While some public sector banks suffered losses from exposure to failed Western financial institutions, the Indian banking system avoided failure overall due to traditional practices, strong nationalized banks, and RBI regulation. The recession is predicted to return between 2015-2018, so lessons from it include borrowing only what is needed, seeing a house as shelter not investment, and prioritizing job stability.
A recession is defined as a period of reduced economic activity where a country's GDP declines for at least two consecutive quarters. It can be caused by currency crises, energy crises, underconsumption, overproduction, or financial crises. Past recessions in the US lasted between 8 months to 2 years. During recessions, unemployment typically rises 2-3 percentage points, adding 3-5 million newly unemployed Americans. However, job losses mainly affect low-skilled workers, as skilled jobs remain available. As a recession looms, human resources management plays a strategic role in optimizing staffing, boosting productivity, managing compensation and benefits, and retaining key employees through communication and motivation.
This document discusses recessions, including defining a recession as a general slowdown in economic activity, and listing some potential causes such as financial crises or trade shocks. It then outlines several impacts of recessions such as falling GDP, investment, income and rising unemployment. The document also discusses different shapes recessions can take (V, U, L, W) and sectors most affected by recessions like stock markets, IT, banking, real estate and automobiles. It provides examples of past global recessions and their causes.
The document discusses inflation and recession. It defines inflation as a general rise in prices over time, and notes its causes can include excess money supply, rapid bank credit expansion, and deficit financing. It also defines recession as a period of declining economic activity for at least two quarters. The impacts of inflation and recession discussed include increased costs of living, income inequality, and rising unemployment respectively. The document also outlines some government measures that can be taken to control inflation and help overcome recession, such as interest rate adjustments, import liberalization, and stimulus spending.
The document summarizes the effects of recession on the economies of the United Kingdom and India. It finds that the UK was more severely impacted due to its investments in risky financial products prior to the recession. In contrast, India's economy was less affected because the country's growth was robust and its financial system was not as exposed. The document recommends fiscal and monetary policies used by both countries to mitigate the recession's impacts.
Steve Jobs, the demanding visionary who understood before anyone else how deeply we would live our lives through our devices, died Oct 5th 2011 at the age of 56, only weeks after resigning as chief executive of computer giant Apple Inc. as he battled pancreatic cancer.
The document summarizes the key events and impacts of the Great Depression that began with the stock market crash of 1929. It describes how various sectors of the US economy such as agriculture, consumer spending and the wealth gap were struggling in the late 1920s. The stock market crash in October 1929 marked the beginning of the Great Depression, as stock prices plummeted and banks collapsed in its aftermath. Unemployment rose dramatically to 25% by 1933 as GDP fell nearly 50%. Worldwide, many countries were severely impacted due to economic interdependence and the dust bowl exacerbated problems in North America. The Depression ended during World War 2 as US factories received orders to support the war effort.
The document discusses the effects of the global economic recession in India. It first provides an overview of what constitutes a recession and some of the typical causes such as currency crises, inflation, and national debt. It then discusses the specific causes of the current global recession, including sub-prime lending crisis and tightening liquidity. Some of the key effects in India included difficulties in borrowing, falling stock markets, and unemployment. The document outlines strategies for businesses to deal with the recession, such as reevaluating pricing, monitoring cash flow, and reducing costs and stock levels. It also provides a SWOT analysis for operating during an economic downturn.
The document provides an overview of the global financial crisis of 2008. It discusses several key points:
- The US housing market boom from 2002-2006 led to a housing price bubble that eventually burst, contributing to the crisis. As housing prices declined sharply from their 2006 peak, foreclosures and defaults increased substantially.
- Loose monetary policy by the US Federal Reserve from 2002-2004, keeping interest rates low, fueled risky lending and the housing bubble. When rates rose in 2005-2006, the default rate on adjustable mortgages skyrocketed.
- Highly leveraged investment banks collapsed in 2008 as default rates rose due to declining lending standards. Stock prices around the world plummeted nearly 40
The document discusses the global recession of 2008 and its impact on the Indian economy. It first defines recession and explains how the US subprime mortgage crisis and rising oil prices caused a recession. This impacted India as US outsourcing and exports from India declined. Key sectors affected included the stock market, IT industry, real estate, exports, and foreign investment. The government took steps like lowering interest rates to address the situation, but recession still had widespread effects on jobs and businesses across multiple industries in India.
This short document welcomes the reader to the Advent season and Christmas season. It is authored by Leo Victor who provides his email for contact. The document repeats its welcome and is signed off with a wish for a wonderful Christmas season from Leo Victor and his email.
This short document encourages the reader to vote for something if they like it. It was written by LeoVictor, but provides no other context or details about what specifically people are being asked to vote for.
Green Business are the future business and Green IT can be one of the best business for future which help companies in Energy Efficiency and also help in CSR and also save the environment.
I can summarize the key points about the person in 3 sentences:
The document provides information about a person named Leo, who was born on October 11, 1983 and loves playing games and his favorite dish. Leo has an MBA in systems and IT production and started his career at a software company, but resigned from his job. He now owns an environmental company called Mars Vapours and seems happy with his current life.
Mother of all who showed us the way to love the poor, forgive other, love god and help others.
How lucky are we to have a Mother like her.
Missionaries of Charity. Lets provide our Help to them
Green General Tips provides over 30 tips for living more sustainably and reducing environmental impact, such as changing light bulbs to fluorescents, hanging clothes to dry, turning off electronics when not in use, using both sides of paper, taking shorter showers, recycling glass, and inflating tires properly. Following these tips can help save energy, water, and money while protecting the planet.
The document outlines three secrets to green business success:
1. Aiming for mere compliance with environmental regulations is expensive, whereas designing toxins out of processes avoids ongoing treatment costs. Treat sustainability as an opportunity, not a threat, while still running a business.
2. Follow an ecosystem model of sustainability by using sustainable materials and energy, or improve eco-efficiency by a factor of 10 if an ecosystem model can't be achieved.
3. Take both huge leaps toward more sustainable practices and many small steps in resource efficiency to become truly green. Outlined are strategies like change management, continuous improvement, and reinventing products and business models.
1) The author recounts a frightening experience from 2000 where he encountered an old man late at night while cycling up a remote mountain road.
2) The old man was able to know details about the author and his family, and despite slow cycling, it took 20 minutes to travel half a kilometer with the man.
3) When they arrived at their destination, the old man disappeared into thin air near a cemetery, terrifying the author. He was hospitalized for days from shock and illness after the event.
4) To this day, the author remains confused if the being was an angel or devil, as it helped him travel but disappeared strangely near a graveyard.
How Green is India and Green IT Mars Vapours SolutionLeo Zalki
The document discusses the level of awareness and adoption of green IT practices among Indian companies. A survey found that 69% of respondents were aware of green IT, with awareness highest among large companies and public sector undertakings. Most companies see green IT as important, primarily to reduce costs. While awareness exists, implementation varies, with some companies focusing more on areas like power management and data center efficiency over others like e-waste management. Overall adoption of green IT in India is growing but still lagging international standards in some areas.
Karnataka is home to a large number of beautiful waterfalls located in dense forests in the districts of Kodagu and Uttara Kannada. The highest falls in Asia, Jog Falls, is formed as the Sharavati River plunges 810 feet in four cascades. Other notable waterfalls include Unchalli Falls near Heggarne, Magod Falls where the Bedthi River falls 650 feet, and Hebbe Falls near Kemmangundi which descends 250 feet through coffee plantations. Many more scenic waterfalls such as Abbey Falls, Iruppu Falls, Kalhatti Falls, Lalguli Falls, Sathodi Falls, and Gokak Falls are found
The document contains a collection of quotes about love from various authors. It discusses how love allows us to see imperfect people perfectly, can bridge any distance, and makes enduring life's challenges worthwhile. The quotes note that love is felt with the heart rather than seen, turns everyday experiences into something beautiful, and has no true end. They also suggest love involves wanting to give of oneself to another and sharing in their joy.
The document contains quotes about love from movies, songs, poems, and authors. It expresses love as lifting one up, being enough, flying to the moon, containing one's life, being a religion worth dying for, souls meeting on lips, wishes coming out when loving someone, learning to love and be loved in return, and changing who one is when with their love.
Are you very shy when it comes to new surroundings, such as starting a new class or moving to a new area? Sometimes, it is necessary to overcome your shyness and speak confidently.. By doing this, it can help you not only to share your ideas properly to others, but also to learn communicating with others. Here are a few steps to consider when speaking with confidence.
Karnataka has its share of several lesser known hill stations. Each has its own unique charm; take your pick from sandalwood forests, coffee plantations, trekking trails, waterfalls, and wildlife. Nestled in the Western Ghats, these hill stations present spectacular views of dense forests, deep valleys, and magnificent sunsets.
Did you know that small actions can create big change -- especially when it comes to the environment? Here are 10 low-cost ways to lessen your impact on the planet and create a healthier, more eco-friendly office.
During the budget session of 2024-25, the finance minister, Nirmala Sitharaman, introduced the “solar Rooftop scheme,” also known as “PM Surya Ghar Muft Bijli Yojana.” It is a subsidy offered to those who wish to put up solar panels in their homes using domestic power systems. Additionally, adopting photovoltaic technology at home allows you to lower your monthly electricity expenses. Today in this blog we will talk all about what is the PM Surya Ghar Muft Bijli Yojana. How does it work? Who is eligible for this yojana and all the other things related to this scheme?
Starting a business is like embarking on an unpredictable adventure. It’s a journey filled with highs and lows, victories and defeats. But what if I told you that those setbacks and failures could be the very stepping stones that lead you to fortune? Let’s explore how resilience, adaptability, and strategic thinking can transform adversity into opportunity.
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AI Transformation Playbook: Thinking AI-First for Your BusinessArijit Dutta
I dive into how businesses can stay competitive by integrating AI into their core processes. From identifying the right approach to building collaborative teams and recognizing common pitfalls, this guide has got you covered. AI transformation is a journey, and this playbook is here to help you navigate it successfully.
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...my Pandit
Explore the fascinating world of the Gemini Zodiac Sign. Discover the unique personality traits, key dates, and horoscope insights of Gemini individuals. Learn how their sociable, communicative nature and boundless curiosity make them the dynamic explorers of the zodiac. Dive into the duality of the Gemini sign and understand their intellectual and adventurous spirit.
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
Prescriptive analytics BA4206 Anna University PPTFreelance
Business analysis - Prescriptive analytics Introduction to Prescriptive analytics
Prescriptive Modeling
Non Linear Optimization
Demonstrating Business Performance Improvement
Ellen Burstyn: From Detroit Dreamer to Hollywood Legend | CIO Women MagazineCIOWomenMagazine
In this article, we will dive into the extraordinary life of Ellen Burstyn, where the curtains rise on a story that's far more attractive than any script.
Discover the Beauty and Functionality of The Expert Remodeling Serviceobriengroupinc04
Unlock your kitchen's true potential with expert remodeling services from O'Brien Group Inc. Transform your space into a functional, modern, and luxurious haven with their experienced professionals. From layout reconfiguration to high-end upgrades, they deliver stunning results tailored to your style and needs. Visit obriengroupinc.com to elevate your kitchen's beauty and functionality today.
Cover Story - China's Investment Leader - Dr. Alyce SUmsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Profiles of Iconic Fashion Personalities.pdfTTop Threads
The fashion industry is dynamic and ever-changing, continuously sculpted by trailblazing visionaries who challenge norms and redefine beauty. This document delves into the profiles of some of the most iconic fashion personalities whose impact has left a lasting impression on the industry. From timeless designers to modern-day influencers, each individual has uniquely woven their thread into the rich fabric of fashion history, contributing to its ongoing evolution.
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...BBPMedia1
Nathalie zal delen hoe DEI en ESG een fundamentele rol kunnen spelen in je merkstrategie en je de juiste aansluiting kan creëren met je doelgroep. Door middel van voorbeelden en simpele handvatten toont ze hoe dit in jouw organisatie toegepast kan worden.
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Recession and Impact on Indian IT
1.
2. A Recession is a contraction phase of the business cycle.
National Bureau of Economic Research (NBER) is
the official agency in charge of declaring that the
economy is in a state of recession.
The financial press often uses the recessionary
definition of two or more consecutive
quarters of declining Gross Domestic Product
(GDP). GDP is defined as the total
market value of all final goods and services
produced within the country in a given
period of time.
5. A slowdown in the US economy is bad news for India.
• Indian companies have major outsourcing deals from the US.
• India's exports to the US have also grown substantially over the years.
• Indian IT companies with big tickets deals in the US would see
their profit margins shrinking.
The whole of Asia would be hit by a recession as it depends on the US
economy.
Asia is yet to totally decouple itself (or be independent) from the
rest of the world, say experts.
Outsourcing market is suffering from the recession in whole world and India IT sector is
highly dependent on outsourcing mainly 60% on US.
7. • Peoples are thinking that recession is becoming a disaster
for the Indian economy but in my believe recession is
actually a great time to start a new venture.
• Great time to take advantage of the lack, when talent is
available, resources are cheaper.
• Fact whenever there is a lack people outsource more.
• Western companies started viewing India as good place to
outsource big research work, website development,
designing work etc.
• Long-term market then they can say when the recession
in the US financial market come down, Indian IT and BPO/
KPO companies will be in good position to get more
outsource projects from the US companies.
• Recently Indian outsourcing software and web
development industry have started a new strategy to
compete with recession by keeping their expenses as such
and higher the working time of the staff, higher the quality
of out put and reduce the out put time.
•Eg:- Apex Decisions (Pilot Project Strategy)
8. IT industries are confronting heavy loss due to the fall down of global economy.
•
One danger meanwhile is of a dip in the employment market. There is already anecdotal
•
evidence of this in the IT and financial sectors, and reports of quiet downsizing in many
other fields as companies cut costs.
Eg:- BPO Sector $11 Billion Sector -> Projected to cut 2.5 lakhs starting first quarter
•
2009.
Nasscom(7,00,000 Jobs)
•
IT Companies are predicted a drop of 15% in growth from 30% last year in BPO Sector
•
9. More than the downsizing itself, which
may not involve large numbers, what
this implies is a significant drop in new
hiring -- and that will change the
complexion of the job market.
Many companies has laid off their
staffs, the number of tourists inflow to
india has come down, companies have
cut down compensations and perks etc,
government and other private
companies are reluctant in starting new
ventures and starting new projects etc.
IT Projects that are halfway to
completion, or companies that are
stuck with cash flow issues on
businesses that are yet to reach
break even, will run out of cash.
10. Opportunities for Indian IT due to US recession
US recession may be a boon for Indian offshore software
companies
The impact of recession is higher to small and medium sized
(SMEs) enterprises whose bottom lines get squeezed
due to lack of spending by consumers
SMEs in the US are under severe pressure to increase
profitability and business margins to survive. This will
force them to outsource and even have M&A
arrangements with Indian firms.
India is going to be a great beneficiary of this trend which
will minimize the impact of the US recession on Indian
industry
By March 2008, India had received SME outsourcing deals
worth $7 billion from the US as against $6.2 billion in
the previous year.
Eg. (Satyam got 15 new Outsourcing Projects)
12. CONCLUSION
In the IT sector, there should be correction in salary offerings rather than job cutting.
Taxes including excise duty and custom duty should be reduced to lighten the adverse
effect of economic crunch on various industries.
IT Industry has been largely hit by Recession , resulting in Lay-Offs. But people with skill
set are required in the Industry.
Layoffs in Technical Sector need not be a doom and gloom. They could actually boost
innovation as laid-off engineers , scientists and other skilled individuals decide to
pursue their own ideas. Calling it “ forced” entrepreneurship.
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