'Economic' Category
Confidence Index
Economic Times and National Council of Applied Economic Research jointly conduct a survey to measure confidence index whether business or political. This survey is done periodically and for the quarter ending December 2007 is out.
The BCI (Business Confidence Index)
BCI of India is at 154 points, 8 points more from [...]Rupee-hit textile sector
This is my favorite subject to write about just because this is my work sector. This article published in Economic Times (21 Jan, 2008, 0504 hrs IST,KG Narendranath, TN) is of great significance for anybody interested in contemporary situation in one of the India’s basic sector - Textile.
Exporters from most sectors seem to [...]Battle Royale 2008
Discover Happiness. This was the name of the b-school meet event. one of the part of it was Battle Royale - A competitive duel between different colleges, where new products and services are churned out and showcased through corporate presentations.
Various rounds
Round 1- HR. A critical situation was given to the teams and they had [...]Problems of textile sector
This is again from my own industry where I work, not only we produce word class Linen fabric at Aditya Birla Nuvo Ltd. (Unit: Jayashree Textiles Ltd.) from pure European flax fibre but also export the finest quality of flax yarn as well as textiles.
We cater to the top notch apparel and garment manufaturere for [...]Seigniorage
let me put it as simple as possible to begin with “It is The profit that results from the difference in the cost of printing money and the face value of that money.”
During the era of metal-based money, the monetary base consisted of precious metals produced by the public and converted into coins by [...]AIMKBlogger in class-room - Measure of Market competition
What is HHI and ‘contestable markets‘?
Herfindahl Hirschman Index (HHI) is a commonly accepted measure of market concentration. It is used to determine the extent of competition in an industry. It takes into account the relative size and distribution of the firms in a market and approaches zero when a market consists of a large number [...]Bad bank - Good bank
When I applied for a new bank account in ICICI last month, I didn’t even thought they will prove themselves as bad bank by taking so much time to open a normal account. Now a days Sarkari banks are not that bad, there’s lots of lochha in so called professional private banks. Anyway these [...]
Textile sector sops
The rising rupee, which has appreciated by 11 per cent during the last 12 months, has raised doubts on achieving the $160 billion export target set for 2007-08. Appreciating rupee have hit the textile and leather sectors the hardest. Brokerage firm AnandRathi in a report on the impact on the textile sector said the recent [...]
Broadband penetration in India
According to the latest figures, India has just about 2.3 mn broadband subscribers. That translates to a penetration of just 0.2% for broadband compared to 19.6% in the US, 20% in the UK and 32% in Denmark and Iceland.
India has 39.5 mn wire line telephone subscribers compared to Denmark’s little over 3 mn. Despite having [...]Strengthening Rupee
Import-Export scene and strengthening rupee - India’s exports are growing in dollar terms (19%) while showing a marginal 4.3% in rupee terms. This implies that they are trying to maintain volume growth at the expense of profit margins, which have been hit due to strengthening rupee.
The solution suggested an ET editorial, to improve the competitiveness [...]
