According to International Monetary Fund (IMF) India’s gross domestic product (GDP) growth rate will drop to 7.9% in 2008
Babu Ghanta
Apr. 9, 2008

India faces hyperinflation in commodities and wages. The commodity inflation, shortage of water and lack of cheap talent will restrict India’s growth plans. In addition, weaker demand for Indian exports and higher financing costs will lead to a deceleration in India’s gross domestic product (GDP) growth rate to 7.9% in 2008. An IMF report points out to the slower growth and higher inflation in India.

The IMF also revised downwards its January estimate for global growth to 3.7% for 2008 from 4.2%. It has also projected that growth in China will moderate to 9.3% in 2008 from 11.4% in 2007.

According to International Monetary Fund (IMF) India’s gross domestic product (GDP) growth rate will drop to 7.9% in 2008
Babu Ghanta
India faces hyperinflation in commodities and wages. The commodity inflation, shortage of water and lack of cheap talent will restrict India’s growth plans.
READ MORE>>

Malaysia refuses to release Hindu activist member of the Malaysian Parliament detained without charge – time for UN Security Council to intervene
Kartik Punaskar
The Malaysian Government has showed no regard for democratic voices in the country. The human rights abuse is blatant and pathetic. Malaysia refuses to release Hindu activist member of the Malaysian Parliament detained without charge.
READ MORE>>

Will India stand up against America on slave-like treatment and human trafficking abuse on Indian workers at a Mississippi shipyard?
Harish Baliga
Signal knew it was recruiting cheap slave labor from India. They just followed what other American companies are doing. It is the mindset of ‘using others who are less fortunate’ that has to change.
READ MORE>>

High end consumers in Europe and America plan to dump Jaguar – Land Rovers – Tatas may have made the worst investment in pursuit of feeling at par with Ford and GM
Tina Shekharan
Overnight Land Rover and Jaguar took the status below Hyundai, some think tanks believe. For the same reason Volvo is not desirable either because only God knows where Ford will dump this one.
READ MORE>>

DuPont Knowledge Center (DKC) in Hyderabad ready to employ 300 scientists and engineers in its first year of operations
Nitish Saxena
According Dupont India officials , every thing looks good. Dupont is ready to use Indian talent base to excel in its business model.
READ MORE>>

Indian workers allegedly treated as slaves in America plan to walk 1500 miles to Washington DC to protest against Indian ambassador Ronen Sen and Bush Administration
Tarun Sikhdar
They are also upset with the Indian Government who has refused to intervene. It is time that Bush Administration intervenes and the labor commissioner gets involved in addressing the allegedly slave labor trade in the Mississippi shipyard.
READ MORE>>

Indian IT companies continue to take advantage of H1B visa loophole - stop the human trafficking – ban H1B without extensive labor certification
Juhi Singhal
American politicians should stop this morally incomprehensible business of human trafficking. The Indian and American companies transport cyber slaves through two kinds of visa mechanisms.
READ MORE>>

American backlash from India’s indirect but firm denial to sign nuke treaty – US cites India on illegally importing prohibited technology
Tarin Mugabe
According to sources close to the matter, American Administration claims New Delhi used private decoy businesses to smuggle sensitive American technology for use in its advanced weapon systems.
READ MORE>>

MORE ARTICLES >>