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Currency wars and quantitative easing by central banks are expected to dominate discussions at upcoming IMF and G7 meetings. There is concern that countries using their currencies as a policy weapon could derail the global economic recovery. At the center of the debate is China, which is accused by the US of keeping its currency artificially weak to boost exports. The US has tried to impose trade sanctions on China in response.
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B irds and insects class 4
Birds and insects are discussed. Birds have hollow bones making them light and lack teeth. Different birds make different types of nests using their beaks, leaves, fibers and other materials. Some birds like tailor birds sew leaves together to make intricate nests. Migration is when birds fly from cold to warm areas in winter. Insects have no bones and tough exoskeletons. There are over a million insect species including bees, flies, mosquitoes and more. Their bodies and behaviors are described.
Eco times
The skill development programme launched by Bharti-Walmart in India is the first of its kind for Wal-Mart globally. It provides technical training in modern retail, logistics, supply chain and support services to help develop skills. Each training center requires an investment of approximately 1 crore rupees. In addition, Bharti-Walmart conducts farmer training programmes to increase crop yields and training for small shop owners to boost their sales.
Et news
The document discusses several topics:
1. The 2010 Commonwealth Games in Delhi were expected to result in an economic impact of $4.94 billion for India's GDP by 2012 and create nearly 2.47 million jobs.
2. Scientists at the University of Arkansas are developing a smart cane for the blind that uses 3D imaging and computer vision algorithms to provide spatial awareness to help navigate environments.
3. Sony will outsource some production of image sensors to Fujitsu to reduce costs and address competition while protecting its technology in Japan.
Et slides
The government increased the interest rate on employees' provident funds to 9.5% but any amount over 8.5% will be taxed, reducing the actual benefit to workers. While the labor ministry intended the additional 1% as a gift, it will instead be taxable income. EPFO manages over 50 million provident fund accounts and faces issues with deducting taxes and providing tax forms for the higher interest amount. Finance Minister Pranab Mukherjee believes displacement due to mining should be addressed through compensation and making tribes beneficiaries of economic development, rather than stopping mining entirely. The government is considering having tribes receive 26% of mining project profits but differences remain within the government on this proposal.
Et Slides
The government increased the interest rate on employees' provident funds to 9.5% but any amount over 8.5% will be taxed, reducing the actual benefit to workers. While the labor ministry intended the additional 1% as a gift, it will instead be taxable income. EPFO manages over 50 million provident fund accounts and faces issues with deducting taxes and providing tax forms for the higher interest amount. Finance Minister Pranab Mukherjee believes displacement due to mining should be addressed through compensation and making tribes beneficiaries of economic development, rather than stopping mining entirely. The government is considering having tribes receive 26% of mining project profits but differences remain within the government. Indian retailers like Titan and VLCC
Summer Training Project Report
This document summarizes a study of distribution channels for Ralco Cycle Tyres and Tubes. It provides background on Ralson India Ltd and analyzes strengths, weaknesses, opportunities and threats. Key findings from dealer and OEM surveys include that replacement services need to be more speedy, prices could be decreased, inventory increased to meet OEM demand, and more discounts provided to dealers. The study had limitations of sample size representing only Punjab dealers and potential for incorrect dealer information.
This Week News
The RBI raised interest rates by 25 basis points to 6% and the reverse repo rate by 50 basis points to 5% to curb inflation. This will make loans more expensive for corporations and individuals while increasing deposit yields. Tata Steel supports the new mining bill's provision for miners to share 26% of profits with locals affected by projects. Bajaj Hindusthan plans to invest Rs. 10,000 crore to set up 1,980 MW of thermal power capacity in Uttar Pradesh as it diversifies from sugar. Genpact plans to enter West Asia to serve local clients, having signed contracts with Sabic and two Gulf financial services firms. SAIL's JV with Posco for a 3 million ton
This Week News
The RBI raised interest rates by 25 basis points to 6% and the reverse repo rate by 50 basis points to 5% to curb inflation. This will make loans more expensive for companies and individuals and increase deposit yields. Tata Steel supports the new mining bill's proposal for miners to share 26% of profits with locals affected by projects. Bajaj Hindusthan plans to invest Rs. 10,000 crore to set up 1,980 MW of thermal power capacity in Uttar Pradesh to diversify from sugar. Genpact plans to enter West Asia to serve local clients in financial services based on its relationship with GE, and has signed contracts with two West Asian financial services clients and a Saudi chemicals company. SA
This Week News
The Reserve Bank of India raised interest rates by 25 basis points to 6% and reverse repo rate by 50 basis points to 5% to curb inflation. This will make loans more expensive for corporations and individuals while increasing deposit returns. Lenders are expected to review lending and deposit rates in response. The narrowing of rates between repo and reverse repo aims to increase stability in overnight lending between banks.
Ridhi
Ridhi Sood is pursuing an MBA and has experience in team building, communication, and motivating others. She has a BSc in medical science and is optimistic, hard working, and adaptable. Her objective is to join an organization that will help her grow professionally.
Ridhi
Ridhi Sood is pursuing an MBA and has experience in team building, communication, and motivating others. She has a BSc in medical science and is optimistic, hard working, and adaptable. Her objective is to join an organization that will help her grow professionally.
Ridhi
Ridhi Sood is pursuing an MBA and has experience in team building, communication, and motivating others. She has a BSc in medical science and is optimistic, hard working, and adaptable. Her objective is to join an organization that will help her grow professionally.
Ridhi
Ridhi Sood is pursuing an MBA and has experience in team building, communication, and motivating others. She has a BSc in medical science and is optimistic, hard working, and adaptable. Her objective is to join an organization that will help her grow professionally.
This week et news
Samsung raises its 2010 smartphone sales target to 25 million units from an original target of 18 million due to the popularity of its Galaxy S Android-based smartphone. Samsung does not plan to introduce new models to replace the Galaxy S during the holiday season, hoping sales of the model will continue strongly. The new direct tax code could significantly increase the number of global Indians subject to tax in India by changing the definition of tax residency to include individuals staying in India for over 60 days. This may impact many non-resident Indians. Indian IT companies oppose a proposed increase in visa fees for H1B and L1 visas, which they estimate could cost them $200-250 million per year as most have over half their workforce from
This week et news
Samsung raises its 2010 smartphone sales target to 25 million units from 18 million due to the popularity of its Galaxy S Android-based smartphone. It does not plan to introduce new models this year, hoping Galaxy S sales remain strong. The new direct tax code could significantly increase the number of global Indians subject to tax in India by changing the rules around tax residency and eliminating a loophole. It is expected to take effect on April 1, 2012. Indian IT companies oppose a proposed increase in visa fees for H1B and L1 visas, which they say would increase their costs by $200-250 million per year as most have more than half foreign workers.
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Any substance (other than food) that is used to prevent, diagnose, treat, or relieve symptoms of a
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Et news
- 1. ET News RIDHI SOOD
- 3. IMF chief Dominique Strauss-Kahn said, . “There is clearly the idea beginning to circulate that currencies can be used as a policy weapon. Translated into action, such an idea would represent a very serious risk to the global recovery”.
- 4. At the centre of the debate is China, which has refused to allow its currency to appreciate quickly, warning of domestic social unrest if it were to do so. The US, in turn, has accused China of ‘stealing’ American jobs by artificially keeping its currency devalued, making its exports cheaper.
- 7. Many Indian companies have emerged as world class, but government services and corporations have, with some honourable exceptions, remained ridden with waste, corruption and callous inefficiency.
- 12. The revised legislation for mining — the Mines and Mineral (Development and Regulation) Bill — which incorporates the delibrations of a group of ministers who are overseeing the bill, has proposed a slew of concessions to those affected, directly or indirectly, by mining activities.
- 16. India's medal winners on Sunday Gold (3) Silver (1) Bronze (4)
- 17. THANK YOU