2 Recent survey results on Poverty and FDI

India is home to one-third of the world’s undernourished children, despite impressive economic progress with real GDP per capita growing by 3.95 percent annually from 1980 to 2005. Lawrence Haddad, director of the London-based Institute of Development Studies, told Reuters in an interview that India would not meet UN 2015 targets on improving nutrition.
Haddad said [...]

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India asks US for more work visas

NEW DELHI: The Indian government has asked the US to increase the number of work visas (H1-B and L1) and ensure that there be no legislation to prevent companies from applying for such visas. India has also asked the US government to expedite action on a totalisation agreement to avoid double taxation on Indian workers [...]

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All about India’s stock Markets

UNREAL FINANCIAL MARKETS – India must stop being greedy for foreign money
Financial markets are in turmoil. In his co-edited book, Capture and Exclude: Developing Economies and the Poor in Global Finance, Amiya Kumar Bagchi describes how financial institutions in developed countries have an adverse impact on developing countries and poor people. We are experiencing this [...]

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American Mail Order Degrees for Indian Billionaires

Long Live Capitalism ! In India and US you can buy almost anything with money!
Abhay Singh and Subramaniam Sharma of Bloomberg writes about India’s notorious liquid baron, Vijay Mallya and his fake doctorate degree from US.

Dr. Mallya, as he prefers to be called, may have to be clearer about is the origin of [...]

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Indian employees spent 5 hours a week on personal web surfing

India Inc losses Rs 1.6 lakh per staff on net surfing

NEW DELHI: India Inc may soon have to check internet usage during working hours, with an average five hours a week spent on personal web surfing, causing companies an annual loss of about Rs 1.6 lakh per employee.
These are the findings of a survey of [...]

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