Monthly Archives: July 2014

  • E-Commerce Competition Heats Up Indian E-Commerce Firm Flipkart Raises Eye-Popping $1 Billion New York Times: July 29, 2014 India’s largest e-commerce firm and startup poster child showed its mettle in its latest round of fundraising, raising a whopping $1 billion from eight companies including South African firm Naspers, Facebook investor Tiger Global, Morgan Stanley, and […]

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  • Business & The Economy Will the Modi Rally Take the Sensex to 100000? Wall Street Journal: July 21, 2014 Some analysts are predicting that the Indian stock market, which has gained 20 percent so far in 2014, will double over the next three years.  It quotes one observer as saying that due to Prime Minister Modi’s […]

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  • “In most countries, the budget is just that, a document that lays out the government’s revenue and spending policies for the coming year. These might require some measure of reform, but structural reforms of the economy are presented separately. In Delhi, however, the budget has grown in parallel with government, becoming an economic policy Leviathan.” […]

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  • By Perry Nunes In the past 25 years, Brazil’s consumer population has grown from 70 million to 170 million, which has resulted in a strong and diverse retail sector. Today, even as the country’s economic growth has slowed, the retail sector has proved to be noticeably resilient. A study last year from the Brazilian Institute […]

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  • “Given the paucity of time, it would be unreasonable to expect the budget to be a game changer, but the market will be looking for signals underscoring fiscal responsibility,” Taimur Baig, director of Asia economics in Singapore at Deutsche Bank AG, wrote in a 26 June report. “As long as the right signals and intent […]

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  • By Perry Nunes With the World Cup matches in full swing, all eyes are on Brazil. Though visiting tourists are currently flocking to host cities all around the country, foreign companies have tended to focus almost exclusively on the cities of São Paulo and Rio de Janeiro in the country’s richest southeastern region. This strategy, […]

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  • From senior government officials working longer hours and cutting back on their golf game, to the emphasis on Hindi in official documents, there are plenty of signs that a new order is descending on Delhi.  But perhaps the most poignant so far is the way Pranab K. Mukherjee, currently the president of India, has been forced into a public renunciation […]

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