Launching NetSparsh.com

Hi Everybody,

I am launching the next generation entertainment portal NetSparsh.com blog and entertainment Network of portals where the NetSparsh & Cyberjunky Teams writes about News, Bollywood, Computer Software, Science, Technology and a host of other articles, tha help us become more productive.

Vision : The target if to become the most read blog and portal and to make into the top 5 blogs/websites in India.

Thanks for all the support and cooperation till now and hope to seek more huge support in future.

Cheers

Cyberjunky & NetSparsh Teams.

Challenges Before Emerging Market Economies

Most of the countries in the world tell about the case of India and China, the two emerging market economies for their respective GDP growth. India's over decade success is a better example in this regard.

• The slow reforms process has brought more success for the country like India in the recent years. The BRIC report of Goldman Sachs forecasted that between 2000 and 2050 India's GDP will increase by 60 times and China's by 40 times. Let us compare how both India and China, the two emerging market economies are behaving in economic spheres.
  As in the year 2005 the GDP in China was at $2.2 trillions compared to India at $700 billions.
• In Foreign Trade 2005, China owned $1.4 trillions compared to $230 billions for India.
• In Foreign Exchanges Services 2005,
• China had $820 billions and India at $147 billions.
• In terms of contributions to the Global growth for 2000-04, China constituted 15% while India at 5%.
• As in the year 2004, the investment in infrastructure in China was 7% of GDP compared to 3.5% of GDP in case of India.
• With regards to Foreign Direct Investments as in 2005, China had $60 billions compared to India at $5 billions.

Though above discussed emerging economies of the world are experiencing a better euphoric environment presently, still to what extent they are able enough to maintain this.

The much feared oil prices reached a record level of $78 per barrel. The world oil production is around 85 millions barrels per day presently.

Both the countries are expected to require 160 millions and 60 millions barrels per day respectively by the year 2050. But the question arises that to what extent both the nations are able enough to meet this demands. Really it has put a great pressure on the part of planners in the two emerging economies.

A graphic guide to PC's Budget puzzle

All those numbers and macro-economics are the easiest to digest when in pictures than in words.

Indian economy on right track

The Indian government released the second-quarter GDP (gross domestic product) numbers on December 31, virtually unnoticed in the aftermath of the devastation caused by the tsunami. Economic growth, according to the figures released by the government, slowed to 6.6% during the second quarter ended September from 7.4% in the previous quarter due to a negative growth in the agriculture sector, once again reflecting the Indian economy's dependence on the vagaries of monsoon. The agricultural slowdown was so pronounced that even the robust performance of the manufacturing sector - 9.3% against 8% in the previous quarter - failed to contain the fall in overall GDP growth.

Analysts say Tsunami not to impact Indian economy

The deadly weekend tsunami will have no impact on the Indian economy because it did not hit any major sectors driving the economy and most areas devastated were inhabited by fishermen.

Private economic think-tanks and industry groups have pegged the total cost of reconstruction and relief at 20 billion rupees and analysts say Asia's fourth-largest economy will be able to meet the costs comfortably.

Forex reserves cross $130-bn mark

Backed by strong trade inflows and portfolio investments, India's foreign exchange reserves rose by $924 million to cross the $130-billion mark during the week ended December 17, 2004.

The foreign exchange reserves during the period rose by $924 million to $1,30,621 million, according to the Reserve Bank of India's weekly statistical supplement released here on Saturday.

India's hot for its pool of entrepreneurial talent

Economists will tell you it’s the GDP. Marketmen will bet their buck on the sensex. And the geeks won’t stop harping about IT. And industry will pitch it on a manufacturing renaissance.

But, the real story behind India’s ga ga growth curve isn’t just about number crunching or marketing muscle. It’s all that and more. It’s about business pluck. It’s about thinking out of the box. It’s about entrepreneurial spark.

Yep, it’s the real opportunity gold rush, happening right here, right now. Across the length and breadth of the country, entrepreneurship is taking root at a never-heard-of pace in segment after segment.

Confident consumers transform Indian economy

Urbanisation, growth in foreign direct investment and the service sector, and government plans to develop infrastructure point to rising spending in the world's second most populous country.

"India will become the third-largest (consumer) market globally in terms of volume in the next 5-10 years," following the United States and China, said V. Chandramouli, marketing head at Mirc Electronics.

Indian economy to grow 7.5 percent annually, says PM

Prime Minister Manmohan Singh said India's economy would grow by 7.5 percent annually over the next decade and could be one of the world's biggest economies in the next generation.

The economy grew by 8.2 percent in fiscal year to March 2004, the fastest rate in over a decade.

What's India, Inc.'s outlook for '05

A permanent seat in the UN security council, a booming stock market, improved advance tax payouts by the corporate world indicating better quarterly results, companies reaching out to the world with fresh mergers and acquisitions and a very potent, skilled and globally oriented work force.

Is the Indian corporate world marching to transform themselves into the first generation of desi MNCs. The corporate outlook for the coming year will give an interesting sneak peek into how India, Inc is going to play its cards in 2005.