tag:blogger.com,1999:blog-91176745107639129782012-01-28T04:40:13.579-08:00The blog Indiaassuperpower.blogspot.com is dedicated to corruption, exposing corruption in India, Indian politics, political dynasty, bribery in india, indian democracy and other general ills of indian political system.himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.comBlogger3481100tag:blogger.com,1999:blog-9117674510763912978.post-65283493355954029112012-01-28T03:28:00.000-08:002012-01-28T03:28:19.648-08:00

World Corruption Rankings 2011 are out and as expected it is all asian countries which take the top spots in most corrupt countries list, In Corruption perceptions index 2011 listing 178 countries in total, our country India stands at 95/178. Corruption perception index ranking from 1 to 182 is countries with least level of corruption to maximum ie If NewZealand has rank 1 then it is least

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-48483658088825773532012-01-22T03:04:00.001-08:002012-01-22T03:12:26.438-08:00

Under know your candidates posts here I am posting candidates of congress vs SAD-BJP candidates for Punjab general elections 2012. Constituency NameCongress Candidate NameSAD/BJP Candidate PathankotRaman BhallaSh. Ashwani Sharma(BJP) Gurdaspur Raman BehlGurbachan Singh Babehali(SAD) Dina Nagar SCSmt. Aruna ChoudharySh. Bishan Das Dhupad(BJP) QadianSmt. Charanjeet Kaur BajwaSewa Singh

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-30268530550317705012011-12-28T08:40:00.000-08:002011-12-28T08:40:01.111-08:00

Indian Politics is thought as the most dirty political system in whole world and rightly so. With over 70 percent criminals sitting inside house enjoying taxpayers money as allowances and above that thinking that they deserve this allowance for not doing anything.... In this post I would throw some light on amount of Taxpayers money spent on Member of Parliament, Well this is no hidden fact

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-15464204417569695372011-12-20T06:29:00.000-08:002011-12-20T06:29:09.279-08:00

It is strange post but true in every sense and word. This news is from Gorakhpur district of Uttar Pradesh, Indian State where human life of poors have no value. IT HAD BEEN a bad spell for Madhubani painter Hari Kamat, and it was about to get worse. Having had almost no sales for a year, he left his village in Bihar to look for a job and ended up in Gorakhpur, 200 km from Lucknow. He was

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-80491887957812510612011-11-09T07:36:00.000-08:002011-11-09T07:37:01.202-08:00

while general surfing the internet today, I came across this article on independent magazine TEHELKA. which exposed how WHO(slave of US pharma companies) is trying to make Indian Government to buy pentavelant vaccines from WHO subscribed pharma majors(majority of USA who might be funding WHO) and stop trivelant vaccination which government is procuring from Indian pharma companies and which

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-1620742813422761272011-10-20T09:33:00.000-07:002011-11-10T05:52:11.575-08:00

From past couple of days Indian media has shown various attacks on Team Anna, This is from "Bhagat Singh Kranti Sena" which is known to PC very well ( wait wait , I know you want proof of what I have just said)....here it is: Bhagat Singh Kranti Sena has been actively updating it's facebook page whose link is here Bhagat Singh Kranti Sena on fb And here is proof of their closeness with

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-17971382302232007822011-10-18T10:41:00.000-07:002011-10-18T10:41:48.204-07:00

This is in continuation with part 1

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-76927416471444498752011-10-18T10:37:00.000-07:002011-10-18T10:37:44.703-07:00

Dr. Subramanian Swamy is 5 time parliamentarian and professor at Harvard University, and IIT Delhi alumnus, So person with such intellectual ability is no match for any other politician whether Sonia Gandhi or Rahul Gandhi....So here is another eyeopener video of Dr. Subramanian Swamy.

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-88803173722438236022011-09-30T11:48:00.000-07:002011-09-30T11:48:58.703-07:00

I wonder how can a person who is just 5th standard passed can rule the country where for becoming collector and DIG you have to be brilliant and this lady is ruling us - another eyeopener post by Dr Subramanium Swamy on Sonia Gandhi's education and how she got false affidavit and forged her education qualificiation.

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-25267582685720718692011-09-30T11:28:00.000-07:002011-09-30T11:28:33.381-07:00

Dr Subramaniam Swamy has long association with Harvard university and in this video taken at some confrence he talks about Rahul Gandhi's educational background and his dumminess proved after joining harvard. now the question in front of us is that whether Rahul Gandhi is PM material?? according to me the answer is NO because he is incompetent, undeserving, incapable of holding the CEO post of

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-82083454385922320132011-09-11T00:42:00.000-07:002011-09-11T00:42:28.557-07:00

Following is youtube video link for telephonic conversation between Nira Radia and Vir Sanghvi editor of Hindustan times regarding 2G scam, cabinet allocations in 2009 . Must listen! Vir Sanghvi Nira Radia tape conversation

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-50640395448257363882011-09-10T08:46:00.000-07:002011-09-10T23:18:03.890-07:00

Following is link to Nira Radia conversation with NDTV'S Barkha Dutt over issue of telecom ministry allocations, Acc to tapes Barkha Dutt is acting as mediator between government and corporates through Radia. The authenticity of tapes is still not certain, but it would never be as laboratories which test tapes and other recordings would never say any thing about ruling party because they dont

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-52899820875458004362011-09-05T11:01:00.000-07:002011-09-05T11:01:28.566-07:00

I always wondered that post economic reforms, there has been great rise in revenues of private indian companies rather then Government companies which ruled before liberalisation of economy in 1991-92. So what went wrong with Government companies?? There are lot of reasons for decreasing revenues of government companies ranging from vote-banks, politicians investments in private companies and

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-53632843427579902582011-09-03T05:53:00.000-07:002011-09-03T05:53:44.397-07:00

Wikileaks project has been an eyeopener for many governments. There are already millions of leaked diplomatic cables of United States which basically tells how US feels about various other countries. Following is how US diplomats feel about India, major global issues involving india and their views about Indian politicians as provided in leaked cables. No body can prove authenticity of the

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com1tag:blogger.com,1999:blog-9117674510763912978.post-43358400246415548712011-08-31T09:22:00.000-07:002011-08-31T10:33:33.387-07:00

I was surfing as usual at my home on corruption in India (as this is the only thing which united indians, other then cricket or war with neighbours). The list of Indian sitting MP's with criminal record is huge. I was astonished to see that 28 percent of sitting MP's have criminal cases against them. So here is the complete list of indian member of parliament who have criminal cases against

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-15674971915104581312011-08-30T11:03:00.000-07:002011-08-30T11:34:47.764-07:00

This post is not against any MP or Rahul Gandhi, This is just some true facts about Arwind Kejriwal and Rahul Gandhi, But the irony is our corrupt politicians are good for no use. Here is a look at what Arwind Kejriwal has earned in his life and rahul gandhi received in his life. COMMENTS ARE AWAITED on this sharp contrast. ARVIND KEJRIWAL:- 1.Mechanical Engineer :- IIT Kharagpur 2.Job :- Tata

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-51962306410512585312011-08-25T09:05:00.001-07:002011-08-25T11:19:28.344-07:00

Also read- Corrupt Sonia- Robert Vadra Nehru Gandhi Dynasty history Reality of Sonia gandhi as PM candidate

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-17294620819765769252011-08-24T09:02:00.000-07:002011-08-24T09:02:05.622-07:00

Our MP's are playing with life of patriots like Anna hazare as visible by members of standing committee for lokpal which consists of most corrupt people like Lalu Yadav, Ram Vilas paswan, Amar Singh to name a few. Full list is as follows: 1. Dr. Abhishek Manu Singhvi, Chairman (Rajya Sabha), Congress, (Rajasthan) 2. Shri Parimal Nathwani Member (Rajya Sabha), Ind, (Jharkhand) 3. Shri

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com1tag:blogger.com,1999:blog-9117674510763912978.post-68461630349666198612011-08-20T07:40:00.000-07:002011-08-22T02:27:10.695-07:00

I was surfing free at my home and came across this blog post, Not sure about reality, authenticity of the post, but the way it is written made me read full till the very end. May be fiction or reality or whatever but definitely worth reading once... The Nehru-Gandhi dynasty starts with the Mughal man named Ghiyasuddin Ghazi. He was the City Kotwal i.e. police officer of Delhi prior to the

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-48845247718915569442011-08-16T11:10:00.000-07:002011-08-16T11:10:10.277-07:00

Also watch- Robert vadra - real story

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-65382057454986129002011-08-11T10:44:00.000-07:002011-08-11T10:44:43.159-07:00

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-74012124868167610432011-08-04T10:12:00.000-07:002011-08-04T10:12:33.697-07:00

Kapil Sibal represents a true from heart corrupt politician, who doesnot care about the people who elected him by casting vote. It is quite visible by his comments about Anna hazare's poll conducted in Kapil Sibal's constituency that he is not speaking his people voice but is trying to continue with his corrupt activities and pointing a finger at honest Indian like Anna ji. The idiot keeps on

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com1tag:blogger.com,1999:blog-9117674510763912978.post-67446767308743301372011-07-24T10:48:00.000-07:002011-07-25T08:04:23.743-07:00

Air India is fighting hard in ICU, sources say that it had been backstabbed by politicians in Aviation industry as they wanted money which Air India made from market share to be earned by other private airlines. God bless Air India and it should definitely come out of coma soon. Investigation agency behind murder attempt has found that ex Aviation minister who holds share in another airline

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com1tag:blogger.com,1999:blog-9117674510763912978.post-19421795850545648302011-07-13T08:26:00.000-07:002011-07-13T08:26:48.032-07:00

Yet another terrorist attack on Mumbai. This time three bomb lasts within minutes killing over 50 people already which can increase as the time progresses.but government figure of casualities still on 8. I request the terrorist group to please target Indian politicians in their next strike, But probably they also think that India would not be affected economically or socially if they kill

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-72845367355852880602011-06-05T01:54:00.000-07:002011-07-13T08:27:52.656-07:00

I always wonder why UPA government is shying from giving any written assurance to civil society representatives, This non-commitment puts a very serious question mark on forehead of UPA government giving direct hint that UPA government ministers are directly linked with swiss or some foreign accounts, otherwise why would they care in giving assurance if they are not the ones holding any black

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com1tag:blogger.com,1999:blog-9117674510763912978.post-46261174753894017872011-04-09T01:22:00.000-07:002011-04-09T01:22:44.322-07:00

Scenario - With corruption and bribery reaching all time high and corrupt politicians being treated as above law by congress government, It was perfect time for a true patriotic indian to stand against it and rest assure that all of the common people are always with him, The timing of Anna Hazare and people of India to stand against the ruling goons is perfect and thus the goons upon seeing the

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-4237602032457906382011-03-27T10:16:00.000-07:002011-03-27T10:16:31.239-07:00

With the rise of wikileaks(website created with aim of making the governments transparent) as a website indian political parties took their false blackmailing to wikileaks too. Indian political parties have even corrupted Wikileaks as now one cannot trust wikileaks for Indian cables as there is most probable false data which is leaked just for creating a roar in parliament session. Recently an

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-68087559669024628282011-03-26T08:25:00.000-07:002011-03-26T08:25:49.262-07:00

Following are the top 10 destinations for investing in real estate in world, posting it here since i felt might be useful to my readers. 1.) Brazil 2.) France 3.) USA 4.) Egypt 5.) Turkey 6.) Greek Islands 7.) Australia 8.) Malaysia 9.) South Africa 10.) Abu Dhabi

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-81955726439148374882011-02-28T07:24:00.000-08:002011-02-28T07:24:05.241-08:00

The finance minister of India Pranab Mukherjee presented budget for fiscal year 2011-12, There are no major Tax benifits, or I can see no tax benfits. The governments approach on running population of 120 crores from tax collected from may be 10 crore is wrong and would collapse in long run. Also read- Railway Budget 2011-12 highlights Following are the highlights of the union Finance budget

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-5801651437412643412011-02-25T10:25:00.000-08:002011-02-25T10:25:05.254-08:00

Railway minister mamta Banerjee presented union Railway budget for 2011-12 today in parliament, There is no increase in passenger fare this year too and the minister announced 56 new trains. Following are highlights of the Railway budget 2011-12: * No increase in fares. * Earnings for 2010-11 set to exceed Rs.1 lakh crore. * Working expenditure during 2011-12 estimated at Rs.87,000 crore.

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-29809035492080917892011-02-06T01:14:00.000-08:002011-02-07T10:46:51.542-08:00

This post is inspired or fueled by two incidents, First is the developments in Egypt against their president Mubarak, and second is based on a recently came bollywood movie titled "No body killed Jessica" which is based on real story of murder of a barmaid Jessica lall by then son of Haryana Congress head Manu Sharma. The film basically shows the power of common people when they come together

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-18346099087461767842011-02-04T08:54:00.000-08:002011-02-04T10:23:41.088-08:00

Following are names of indians who have stacked their money in bank accounts abroad for tax saving. The total amount is 52 crores according to report. The list that Germany shared with India had 12 trusts out of which four belong to Indians. The beneficiaries are 1. Manoj Dhupelia 2. Rupal Dhupelia 3. Mohan Dhupelia 4. Hasmukh Gandhi 5. Chintan Gandhi 6. Dilip Mehta 7. Arun Mehta 8. Arun

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com1tag:blogger.com,1999:blog-9117674510763912978.post-23231368022167353682011-01-15T05:03:00.000-08:002011-01-15T05:04:27.674-08:00

This thread might look very negative(from the heading) but the main motive while typing is to change the way a normal Indian citizen thinks. According to me the definition of a normal Indian citizen(Aam aadmi) is a person who uses very little of his own brain. for example a person who purchases same 2 wheeler as purchased by his neighbor, who is n rat race imitating others, Whose perception

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com1tag:blogger.com,1999:blog-9117674510763912978.post-31309405055025260632011-01-04T09:27:00.000-08:002011-01-04T09:27:23.826-08:00

As I read a top newspaper online came across the news of murder of a BJP MLA of Bihar by a women who claims was raped repeatedly by MLA using his political influence whatsoever. I liked the news very much as now MLA are not even safe while along the people they know or along the people who are afraid of them due to their political stature. I can smell the anger in the minds of common man against

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-38713021045129144702010-12-04T09:41:00.000-08:002010-12-04T09:41:01.988-08:00

It's bit late to post on this topic, and the new crown which India has got 'The land of Scams' but still this title looks pretty new and fresh as we see daily some or other news channel flashing updates of scams in India, If we check history than I think now the era has changed and more scams are directly printed or telecasted. According to me these scams were common before economic

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-75620277252217521672010-09-30T04:03:00.000-07:002010-09-30T04:59:25.510-07:00

The operational Judgement is that the place would be called Ramjanambhoomi as it is hence the most important judgement of decade is out. The core 1/3 area(Dome Area) is Ramjanambhoomi, The 1/3 area constituting Ram Chabutra and Sita Rasoi is given to Nirmohi Akhara, Sunni Wakf board gets the other third part. Jus. Sibghat Ullah Khan's Judgement - Original Jus. Sudhir Agrawal Judgement - Original

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-72614920695288353542010-09-01T01:11:00.000-07:002010-09-01T01:11:50.324-07:00

I was just surfing on net and came across this list of 50 most valued websites in India, thought it would also interest my blog readers as is the latest list: RankWebsite Name 1google.co.in(google search) 2Yahoo mail 3Gmail 4Yahoo.com 5Yahoo search 6Orkut(is on decline though) 7Rediffmail 8Rediff 9Yahoo movies 10Naukri.com 11Hotmail.com 12facebook(would probably in top 5 now) 13Yahoo cricket

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-30795668078764214602010-08-29T09:05:00.000-07:002010-08-29T09:05:25.864-07:00

RTI act or Right to Information act for every public undertaking was passed by Congress government to bring transparency in government works which would mean less corruption and the guilty would be given some sort of punishment at a faster pace(not because the legal system would act fast but because the concerned person's corruption act is known early...) however in the time span when this law

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-12130577782318518832010-08-24T01:48:00.000-07:002010-08-24T01:48:57.552-07:00

Indian IT industry has withstood the 2008 recession well, All thanks to the cash pile and the margins and the meager pay salaries over the last two years, The reason for coming out even strongly is the cost cutting measures ranging from sending fewer people on-site, some price negotiations, giving no salary hike for two consuctive years to employees(on name of recession), firing people secretly(

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-78713387875415720412010-08-21T00:36:00.000-07:002010-08-22T08:47:57.528-07:00

It might look very stupid thing being done by Indian government by giving $ 5 million aid to flood hit Pakistan. to me personally it looks a very optimistic move and the aid amount will surely have backing of every political party(I'll tell reason in this post). In my thinking advisors to PMO and other central ministers have played a very nice move in the ongoing game of chess with Pakistan.

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-61459348002344733742010-08-13T08:33:00.000-07:002010-08-13T08:33:42.567-07:00

I was thinking from long time to post this but was not getting time for the same, finally I managed to spare some time to tell about the basic functionality model of Indian politics and why it is often referred as politics led by goons. I request to please post your views about the same in the comment section. It is true that most of the Indian politician are goons who win election by

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com3tag:blogger.com,1999:blog-9117674510763912978.post-84097361003871860672010-08-13T07:38:00.001-07:002010-08-13T07:38:28.211-07:00

Reserve Bank of India on Friday said core investment companies with assets over Rs 1 billion will be required to obtain certificate of registration from it while the ones below Rs 1 billion need not. A core investment company means a non-banking finance company which holds not less than 90 per cent of its total assets in the form of investment in equity shares, preference shares, debt or loans

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-24261552332557410712010-08-13T07:36:00.001-07:002010-08-13T07:36:58.515-07:00

India's foreign exchange reserves rose to $287.356 billion as on August 6, from $284.183 billion in the previous week, the Reserve Bank of India (RBI). Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund (IMF), the RBI said.

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-50620728290635815172010-08-03T09:35:00.000-07:002010-08-03T09:35:33.385-07:00

The government will give Rs 14,000 crore in cash to Indian Oil, Bharat Petroleum and Hindustan Petroleum to make up for the losses incurred on selling fuel below cost in the first quarter of 2010-11 fiscal. The Finance Ministry today sought parliamentary approval for additional spending of Rs 68,294.30 crore that included Rs 14,000 crore "for providing compensation to oil marketing companies

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-7901390874131801362010-07-20T10:16:00.000-07:002010-07-20T10:16:41.179-07:00

The Reserve Bank of India's (RBI) monetary stance will depend on whether it perceives inflation as stemming from excessive liquidity or due to supply constraints, the country's top civil servant said. On Tuesday, Cabinet Secretary K.M. Chandrasekhar allayed concerns of persistently high prices, reiterating the government's forecast of headline inflation easing to 5-6 percent by the end of the

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-31673962733385287642010-07-17T12:55:00.000-07:002010-07-17T12:55:24.091-07:00

According to latest report exports to EU union have increase YoY. So does it mean that EU is coming out of bad times...The answer might not be so easy currently, have to wait for another quarter for sure to analyse. Details: Exports from India to the 27-member EU increased by 18 percent to 10.7 billion euros in January-April 2010, compared to 9.1 billion euros in the corresponding period last

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-47468260349620571362010-07-17T12:43:00.000-07:002010-07-17T12:43:41.326-07:00

This year the Centre has alloted rs 8000 crore for the mid day meal scheme , hence there would be more enrolment for schools for sure thus increasing the number of literates in country. Flashing back to midday scheme: Mid-day meal scheme was first evolved by former Tamil Nadu chief minister K Kamaraj and now it has been taken as a role model for the entire country.

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-57047493729487632010-07-17T12:12:00.000-07:002010-07-17T12:12:55.200-07:00

The booming economy of Gujarat has a darker side too.. as their are many big companies which do not pay their taxes and Owe 4000 crores as taxes from 2006 onwards. The biggest revenue churner for the state government — the commercial tax department that accounts for 60-70 per cent of the state government’s revenue — may have breathed down a small trader’s neck to recover dues. The department ,

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-14636255924105755372010-07-12T10:17:00.000-07:002010-07-12T10:17:48.040-07:00

Indian Economy's fiscal deficit for year 2010-11 is predicted to be in line of 5 percent of GDP according to Nomura. Which means it is much less then the predicted. The government is also looking at raising Rs 40,000 crore through disinvestment this fiscal. It has already raised over Rs 1.06 lakh crore from the sale of spectrum for 3G and Broadband Wireless Services (BWA) services. The

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-18447145088538249282010-07-06T09:28:00.000-07:002010-07-06T09:28:39.458-07:00

(posted under - Monsoon updates, Economy of India) -As the country is now completely witnessing normal monsoons all over, The monsoon is ahead of schedule by 9 days according to metrological department, The Inflation will surely come down in couple of months from now on.. The revival of monsoon rains, the main source of water for 60 per cent Indian farms, will lift soybean and groundnut crops in

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-14168792497685224642010-07-06T09:12:00.000-07:002010-07-06T09:12:31.348-07:00

(posted under Direct tax collection, Indian economy updates) - collection of direct taxes during the first quarter of the current fiscal increased by over a full 15 per cent, driven mainly by higher realisation from the corporate sector. The higher realisation of direct taxes, which mainly include corporate tax and income tax, went up to Rs 68,675 crore, as against Rs 59,465 crore during the

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-8830265553984453412010-07-05T03:05:00.000-07:002010-07-05T03:05:19.909-07:00

It has been 4 months since Pranab Mukherjee presented the Union budget 2010 in Parliament. Now the big question is that Are budget provisions on track. The list of announcements made during budget speech is as following ans I will soon update the present growth of these provisions in reality. 1. Pranab cuts surcharge for corporate, ups MAT 2. First challenge is to get to the high GDP growth

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-29426387394828018722010-07-02T09:37:00.000-07:002010-07-02T09:37:37.168-07:00

India's trade deficit is forecast to widen in the 2010/11 fiscal year as its rebounding economy raises demand for manufacturing and oil imports, while the euro zone debt crisis hits exports, mainly in software. A wider deficit would pressure the partially convertible rupee, which has lost more than 5 per cent from its 2010 peak of 44.18 to the US dollar. India's trade deficit was $117.3

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-7173531624626412832010-07-01T11:33:00.000-07:002010-07-01T11:34:42.256-07:00

Well I have already posted about the best economies of world, If you have not read that post here is the link Best economies of world, Now I thought why not post about the worst economies of world, So here I start.... Country NameRank Zimbabwe1 Democratic Republic of Congo2 Guinea3 Sierra Leone4 Nicaragua5 Burundi6 Eritrea7 Liberia8 Ghana9 Madagascar10 the list is based on forbes.com work

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-3675742567875279712010-06-15T09:14:00.000-07:002010-06-15T09:14:28.779-07:00

Indian investment in 2008 was USD 4.5 billion but the investments in 2009 grew 60 per cent higher than investments in the previous year. He was quoting from a yet to be published report by India US World Affairs Institute and the University of Maryland. This feat has been achieved by acquiring 372 businesses by Indian companies in the US between 2004 and 2009 worth USD 21 billion. which has

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-76548551246426025602010-05-31T10:08:00.000-07:002010-05-31T10:11:30.473-07:00

Foreign direct investment in India dipped for the second month in a row in April to $2.21 billion, down 5.1 per cent over the year-ago period.In March, the inflows had contracted by about 38 per cent to $1.2 billion. The inflows in the first three months of 2010 were $4.96 billion, down 20 per cent from $6.17 billion in the corresponding period last year.

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-14858867094280745662010-05-31T10:01:00.000-07:002010-05-31T10:07:33.429-07:00

India's fiscal deficit for the 2009/10 fiscal year that ended on March 31 was Rs 4.12 trillion ($88.9 billion), the government said in a statement on Monday. The deficit is equivalent to 6.6 per cent of India's gross domestic product (GDP), according to a Reuters calculation, and was slightly lower than the government's revised target of 6.7 per cent. In February, the government had revised its

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-17018283105092845512010-05-26T08:27:00.000-07:002010-05-26T08:43:17.316-07:00

India's cabinet approved a plan to speed up the sale of stakes in state-owned companies as the government aims to make nationalised companies more responsive to markets as well as cutting the fiscal deficit.The cabinet will allow state-run companies to appoint investment bankers and other intermediaries at the same time as they seek cabinet approval for stake sales, allowing IPOs to proceed more

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-4568859849843791632010-05-26T07:07:00.000-07:002010-05-26T07:21:45.445-07:00

China, India, Brazil and Russia are powering ahead, the Organisation for Economic Cooperation and Development said on Wednesday, revising upwards its growth outlook for all four largest emerging economies.With the expected rebound of agricultural output in India, growth should be strong in the near term while inflationary pressures would also remain high amid strong outlook for demand. Russia

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-4327084917993768892010-05-25T10:20:00.000-07:002010-05-25T11:03:47.378-07:00

Following are the top 10 most reputed companies of the world as according to survey by the reputation institute.RANK COMPANY NAME 1GOOGLE Inc 2SONY CORPORATION 3WALT DISNEY COMPANY 4Bavarian Motor Works(BMW) 5Mercedes-Benz 6Apple Inc 7Nokia 8IKEA 9Volkswagen 10Intel

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-75401694762648424142010-05-19T09:30:00.000-07:002010-05-19T09:31:55.119-07:00

The government cleared 24 foreign investment proposals, including those of media company Asianet and broadcasting firm Tata Sky, worth Rs.1,412 crore.Asianet's proposal worth Rs.425 crore is on induction of foreign equity to undertake the business of broadcasting non-news and current affairs television channels.

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-38983070329366031712010-05-02T10:03:00.000-07:002010-05-02T10:23:22.650-07:00

Well Indian Premier league is just over so i wanted to write on it . As this time i thought the IPL was indirectly related to Indian economy or atleast with the black money which is as large as the legal value of indian economy.So why was the whole episode of suspending lalit Modi created.?The obvious reason for that was he brought name of Shashi Tharoor and her so called friend sunanda(oops i

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-67084741930533478152010-04-27T10:01:00.000-07:002010-04-27T10:06:06.281-07:00

Assuming a normal monsoon, we expect GDP growth to surge 8.3 per cent during the financial year 2010-11, driven by robust industrial growth and resilient performance of the service sector," D&B said in a report.Besides, it said that rise in consumption demand is likely to contribute majorly to the economic growth and help augment investments.Healthy income levels on account of faster pace of job

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-52427945133098529722010-04-24T01:38:00.000-07:002010-04-24T01:42:00.381-07:00

(posted under - Indian Economy, Mutual funds investing) - According to the latest RBI figures, the first week of April has seen a dip in outstanding loans. Total bank loans as on April 9 stood at Rs 32,41,255 crore, up Rs 1,167 crore over the previous fortnight’s levels. However, outstanding loans were marginally lower than the Rs 32,43,175-crore loans outstanding on end March 2010. The second

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-3273459364774590062010-04-24T00:39:00.000-07:002010-04-24T00:52:53.760-07:00

(posted under PSU banks, banking sector news)- just headrd that the government on Friday approved a plan to infuse Rs 15,000 crore capital into state-run banks in the current fiscal to boost their lending capacity. looks like a nice move if whole amount is infused without anything taken by politicians from it.The proposed infusion will increase the lending capacity of the banks by Rs 1,85,000

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-24261688086545621802010-01-25T10:16:00.000-08:002010-01-25T10:21:32.589-08:00

(posted under - BSE stocks, NSE stocks, SENSEX closing) - Major indian stock indices closed in red as profit booking lowered the indices.Bombay Stock Exchange’s Sensex ended at 16780.46, down 79.22 points or 0.47 per cent. The index touched an intra-day low of 16705.56 and high of 16877.77.National Stock Exchange’s Nifty closed at 5007.90, down 28.10 points or 0.56 per cent. The broader index

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-35357277300181075712010-01-25T10:12:00.000-08:002010-01-25T10:15:43.996-08:00

(posted under - Indian Economy news) - The Centre for Monitoring Indian Economy (CMIE) expects the Asia's third largest economy's GDP growth to accelerate to 9.2 percent in 2010/11 from 6.9 percent in 2009/10.The measures helped as the country's industrial output grew at its fastest pace in two years in November at 11.7 percent, the economy expanded 7.9 percent in the September-quarter and

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-11588036765380788062010-01-24T03:33:00.000-08:002010-01-24T03:35:03.681-08:00

The Government has sought the opinion of the CVC to change the norms for appointing investment bankers for advising it on divesting its stakes in the companies it runs.Last year, the Government had identified over 60 Central public sector undertakings for disinvestment over the next few years to bridge the gaping fiscal deficit and fund its social sector and infrastructure programmes.Under the

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-22080741720423315192010-01-12T08:07:00.000-08:002010-01-12T08:27:29.465-08:00

India is not a member of the WTO agreement on government procurement and has so far resisted the attempts by the developed countries like the US and European Union to subject Indian state purchases to the multilateral bidding rules.While the observer status will not mean India immediately coming on the board, it could signal that the country would eventually play the ball, a source said.The WTO

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-37110485041088047412010-01-08T07:35:00.000-08:002010-01-08T07:36:44.357-08:00

The government on Friday removed restriction on imports of hot-rolled steel, which is mainly used in the automobile and consumer durable industries, giving a big relief to these sectors from rising raw material prices.A notification to this effect has been issued by the Directorate General of Foreign Trade (DGFT).The government had put the mother steel product in the restricted category in

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-86852369257500182492009-12-29T06:47:00.000-08:002009-12-29T06:50:06.031-08:00

Concerned over the spiralling food prices, the Reserve Bank has indicated at tightening money supply to contain the rising inflation pressures.The Reserve Bank is slated to come out with the third quarter review of its monetary policy on January 29 amid intense speculations that it may signal an interest hike to tighten money supply to contain the rising inflation. The food inflation was nearly

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-30966983197905565712009-11-27T09:29:00.000-08:002009-11-27T09:31:17.954-08:00

Foreign direct investment (FDI) into India fell 11 percent on year to $15.3 billion in the first six months of fiscal 2009/10, the trade minister said, as the global financial downturn clipped flows. India had received $17.2 billion in FDI in the corresponding period last year

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-30790679874019347742009-11-26T08:16:00.000-08:002009-11-26T08:19:24.400-08:00

India's food price index was up 15.58 per cent in the 12 months to November 14, while the fuel index was down 1.51 per cent.The worst dry spell in nearly four decades and floods in parts of the country have hurt farm output and pushed up food prices.On Tuesday, C Rangarajan, Chairman of Prime Minister Manmohan Singh's Economic Advisory Council, said that food price inflation was the biggest worry

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-82729307952219917012009-11-17T06:21:00.000-08:002009-11-17T06:24:15.363-08:00

(posted under - Indian economy news) - Out of 134 respondents participated in the CII Northern Region Business Outlook Survey, more than half said that India's economic growth is likely to be in the range of 6-7 per cent in the current fiscal."Global economic instability followed by slackening consumer demand are the two most important concern areas," it said.The survey also said that the overall

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-20317183906903941902009-11-17T06:14:00.000-08:002009-11-17T06:17:07.339-08:00

(posted under - FDI's in india) - The government of india has approved 17 foreign direct investment (FDI) proposals worth Rs 1,158.78 crore.Among the major proposals which were approved today are the FDI applications of the world's largest steelmaker ArcelorMittal and ductile iron pipe maker Electrosteel Castings, a government statement said.ArcelorMittal, with an FDI of Rs 503.37 crore, plans to

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-29648044624310640282009-11-16T07:34:00.000-08:002009-11-16T07:39:37.410-08:00

India will be a $2-trillion economy in the next five years as its GDP growth is likely to average at 12 per cent in nominal terms powered by a huge consumption demand, Enam Securities has said."India's GDP is likely to grow at (an) average 12 per cent in nominal terms. Hence, India will be a $2-trillion economy by 2014-15," Enam Securities Head-Research, Nandan Chakraborty, and economist

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-67852360257974398112009-11-04T07:05:00.000-08:002009-11-04T07:06:27.351-08:00

When a company raises its dividend, its stock becomes more attractive to investors. Its share price rises. When a bank raises interest rates on its savings accounts, people deposit more money in the bank. It's the same way in the currency markets. Rising interest rates make a currency more attractive and it rises against other currencies with stable interest rates. Central banks around the world

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-246790429020246032009-11-01T06:40:00.000-08:002009-11-01T06:46:02.925-08:00

"Currently the bilateral trade between the two countries is USD 10.5 billion. Around 20 per cent of trade was affected due to recession.We are hoping to see the trade grow by early next year,' Mohamed told on the sidelines of a function.Earlier, participating as the chief guest at the 10th Anniversary celebration of Marrybrown Family Restaurant here, he said the success of Marrybrown would

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-12773143369553397122009-10-28T10:02:00.000-07:002009-10-28T10:05:28.287-07:00

India's infrastructure sector output grew 4 percent in September from a year earlier, slower than upwardly revised annual growth of 7.8 percent in August, government data showed on Wednesday.During April-September, the first half of the 2009/10 year, output rose 5 percent compared with 3.4 percent in the same period in 2008/09.The infrastructure sector accounts for 26.7 percent of India's

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-88283800262898799382009-10-21T07:45:00.000-07:002009-10-21T07:50:24.914-07:00

India has extended tax-free white sugar imports until December 2010 as the world's biggest consumer of the sweetener faces robust demand and shrinking domestic output.India's sugar season runs from October to September. The country's sugar output in the year that ended on Sep. 30 fell to 15 million tonnes from 26.4 million, forcing it to import 5 million tonnes and lifting raw sugar futures to

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-7531411284108294122009-10-19T05:52:00.000-07:002009-10-19T07:48:55.933-07:00

Indian economy has crossed the 1 trillion worth mark and per capita income in india has also crossed the $3000 mark THATS a very good news indeed...but indian economy is actually worth more then the 1.13 trillion worth for sure thanks to the black economy which runs in parallel along with the white economy. that is worth $ 1+ trillion worth, still majority of trading in india is done in grey

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-24648335794122601932009-10-13T08:40:00.000-07:002009-10-13T09:07:32.139-07:00

The World Bank approved more loans equalling to $4.2 billion to India for three projects.The loan amount will be divided in following manner - $2 billion for state-run banks, with IIFC receiving $1.195 billion to fund infrastructure projects, and PowerGrid Corp getting $1 billion to upgrade India's power transmission system. so we'll get less power cuts this time

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-33753369366179121232009-10-09T07:37:00.000-07:002009-10-10T09:13:39.457-07:00

Just came across news that indian forex reserves increased for the week which might be indication that foreign investors are betting on india again and thats the reason US $ reached 47.0 levels so thats a sigh of relief for the sectors which are hit by recession. so the forex reserves on october 2nd week aere at 280 billion US$.The Fossil Fuel free economy

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-12586864910689523562009-10-06T07:49:00.000-07:002009-10-06T07:53:48.704-07:00

The Indian Finance ministry has collected 3.10 per cent more in direct taxes in September at Rs 64,737 crores compared to the same period last year.The growth in government's corporate tax collection for the fist half of this fiscal was more pronounced at 5.55 per cent over last year's. In the first six months, Rs 1,00,572 was collected in corporate taxes compared to Rs 95,283 crore last year,

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-9405877173699793372009-10-01T08:42:00.000-07:002009-10-01T09:27:40.780-07:00

The International Monetary Fund projected Indian economic growth at 5.4 per cent in 2009, implying a slower growth in the second half of this calendar year.In its twice-yearly World Economic Outlook released in Istanbul, the Fund lowered the projection for the next year by 0.1 per cent to 6.4 per cent.The Indian economy grew by 5.8 per cent in the first quarter and 6.1 per cent in the second

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-28785765841333688022009-10-01T08:18:00.000-07:002009-10-01T08:25:01.304-07:00

India's merchandise exports fellh in August, with the value of shipments falling 19.4 per cent to $14.29 billion from $17.72 billion in the like month of last year.addthis_url=''; addthis_title=''; addthis_pub='himanshu1494';Imports during August were valued at $22.66 billion, showing a drop of 32.4 per cent, while the cumulative figure for the five-month period was down 33.4 per cent at $102.3

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-28455227377142016512009-09-27T01:34:00.000-07:002009-09-27T02:10:35.614-07:00

greetings from himanshu to all the readers of the blog - so here i start -we all must be thinking that world economic recession has ended...but wait a minute and rethink it again ! fuel prices are hovering at $72 per barrel in market and set to reach the $ 100+ per dollar mark in near future so the future looks dark again :(addthis_url=''; addthis_title=''; addthis_pub='himanshu1494';The world

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-37159729401034180742009-09-24T08:41:00.000-07:002009-09-24T10:23:18.218-07:00

Following is the list of top 10 business houses of india when we see market capitalisation and net yearly turnover, the list is in descending order starting from biggest business house Reliance industries ltdaddthis_url=''; addthis_title=''; addthis_pub='himanshu1494';Rank 1 - Reliance Group led by Mukesh Ambaninet worth : 1,60,992 croresRank 2 - Tata Group led by ratan Naval tatanet worth :

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-25984355094163369262009-09-23T08:53:00.000-07:002009-09-27T02:13:19.984-07:00

Seven months ago, President Obama threw $787 billion of your hard-earned cash at a raging economic inferno -- but that's nothing compared to the $10 TRILLION that will go up in flames as the next economic crisis bears down on us.We're on a collision course with financial disaster. Yet, a handful of the world's most savvy investors -- including Microsoft founder Bill Gates -- are quietly

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-73038568352707799032009-09-19T21:31:00.000-07:002009-09-19T21:59:35.146-07:00

Indian businesses are growing globally as they are venturing into new lands and deals, so the CEO's , promoters of such indian companies need extravagant salaries (which are still less when compared to their business strategies) so here is the list of top 10 earners of indian companies :Rank 1 - Anil D. Ambani (chairman of ADAG group) - with salary of over 30 crore per annum..cheers for Anil

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-28823817317923632652009-09-17T10:29:00.000-07:002009-09-27T02:13:55.155-07:00

(posted under Corporate tax updates) - i was just surfing on net about the economic updates and one thing is sure that recession has almost dimnished but earlier the news about a double dip recession were prevelant , but as the exports have increased and inflation has moved upwards again after a four months dip so the government particularly finance ministry has become optimistic and have already

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-14704198080566884082009-09-16T09:44:00.000-07:002009-09-27T02:15:03.341-07:00

(posted under - politics of austerity, finance ministry updates) - The Finance Ministry in the Budget Circular for 2010-11 said, "The estimates (RE 2009-10) must confirm to instructions, which stipulate a 10 per cent and five per cent cut in non-plan, non-salary expenditure and other economy measures."For the next fiscal, the circular added, "It is necessary to review the existing expenditure

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-39897430609920080792009-09-15T10:55:00.000-07:002009-09-27T02:16:49.225-07:00

(posted under - Advance tax collection) - Mumbai accounts for almost 40 per cent of the country's total tax collection.The growth is likely to come on the back of a higher collection from banking, oil and gas and auto sectors, an Income Tax source said."Banks, auto and oil and gas sectors have done well. In fact, some of the banks have exceeded our expectations," the source said.India's premier

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-45507977308071473292009-09-12T03:26:00.000-07:002009-09-12T03:30:43.848-07:00

(posted under - Industrial output, Economy of india) - Industrial output as measured by the index of industrial production (IIP) clocked an annual growth rate of 6.8% in July, making it the second consecutive month of buoyant industrial growth after a weak show that started last October, data released by the Central Statistical Organisation on Friday showed. The provisional IIP figure of 7.8% for

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-20080914338417161222009-09-10T10:49:00.000-07:002009-09-10T10:51:35.116-07:00

(posted under - Inflation updates) India's food prices jumped an annual 14.8 percent by end of August after a dry spell hurted crops, adding to concerns inflation could climb above the comfort zone of policy makers and herald an end to a soft monetary stance.The widely-watched wholesale price index fell by a steeper-than-expected 0.12 percent in the 12 months to Aug. 29, its 13th successive fall,

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-24550132154492850212009-09-09T09:57:00.000-07:002009-09-09T10:00:02.879-07:00

India's government will not borrow more from the market than its budget target for 2009/10.The government plans to borrow 4.51 trillion rupees ($93 billion) in the fiscal year to fund a fiscal deficit forecast at 6.8 percent of gross domestic product.-economictimes

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-70888853534199404282009-09-04T10:26:00.000-07:002009-09-05T03:13:33.491-07:00

India is to invest up to $10 billion in the International Monetary Fund as part of a major thrust to wrest a greater say in the running of international financial institutions, Finance Minister Pranab Mukherjee said in recent BRIC countries meetings being held at london."India has decided to invest up to $10 bn of its reserves in notes issued by the IMF," Mukherjee said after a meeting of the

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-54467066369306901062009-09-02T10:29:00.000-07:002009-09-02T10:32:40.687-07:00

The government has withdrawn a proposal to impose a 10 per cent service tax on goods transported by rail, to check price increases of products such as steel, cement and coal.The revenue receipts of the state-run Indian railways, which opposed new tax proposal, have been adversely affected since September last year due to economic slowdown and decline in exports.During April-July period, railways'

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-63115538617517481772009-09-02T10:09:00.000-07:002009-09-02T10:16:47.726-07:00

(posted under - Indian exports news & updates) - Yet another sign of prevailing economic crises is that indian exports fell by a whopping 28.4 percent to just $13.62 billion. Imports also fell sharply, with both oil and non-oil imports registering a decline during the month compared with the year-ago period, according to government data released on Tuesday.A sharp 37% decline in July imports to

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0tag:blogger.com,1999:blog-9117674510763912978.post-3339449270202070542009-08-31T07:46:00.000-07:002009-08-31T07:52:05.929-07:00

(posted under - Indian GDP news) - India's economy grew 6.1 per cent in the June quarter from a year earlier, roughly in line with forecasts, as government stimulus measures helped spur demand, although a poor monsoon threatens to crimp growth later in the year even as it drives inflation.The economy accelerated from its 5.8 per cent rate in the previous quarter, data showed on Monday, propelled

himanshu Sharmahttp://www.blogger.com/profile/02194957550288869446noreply@blogger.com0