2014 - Year of two-wheelers for Indian auto industry
Venkatachari Jagannathan | 20 Dec, 2014 |
The growth story for the Indian automobile industry in 2014 rode on the two-wheeler segment and not on passenger cars or commercial vehicles, as high interest rates and a stuttering manufacturing industry kept a check on demand. |
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BJP-Congress tension will hurt reforms
Amulya Ganguli | 06 Dec, 2014 |
It has long been said that the economic reforms are irreversible. Moreover, the Left claims that both the Bharatiya Janata Party (BJP) and the Congress are on the same page on this subject since they both pursue what the Communists call "neo-liberal" policies. |
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Taking stock of India's present policy environment
Amit Kapoor | 03 Dec, 2014 |
During the past few weeks, notable changes have happened in the external and internal policy environment that merit attention. On the external side, there were three notable events. In our opinion, one of these has a relatively short-term impact while the other two will have a long-term bearing on India’s economy in the years ahead. |
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IPR policy and India's competitiveness
Amit Kapoor | 19 Nov, 2014 |
India's current Intellectual Property Rights (IPR) regime is at the cusp of a major change. The past year has been quite momentous for India’s IPR regime. It is because one is witnessing a shift in India's policy priorities with respect to broad measures that have been undertaken by the newly-elected government in the sphere of Intellectual Property. |
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Modi government's foreign policy overdrive
Ranjana Narayan | 03 Nov, 2014 |
Barring most of the African Union countries, Prime Minister Narendra Modi will have met leaders of most countries of the world by the end of December 2014, pointing to the heightened stress on foreign policy by the new Indian government that took power on May 26 |
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Poor rural youth poised for improved placements under new scheme
Prashant Sood | 27 Oct, 2014 |
Poor youth from rural areas of India can look forward to improved placements in a range of areas, including healthcare, pharmaceuticals, hospitality and retail, with the rural development ministry working on several innovations in its skill development scheme to make it an effective intervention in efforts towards poverty alleviation. |
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Get quirky in gifting this Diwali
Shradha Chettri | 20 Oct, 2014 |
From induction cookers that can play music to lamps made from recycled wine bottles, to ethnic wear with handmade tribal art and customised cupcakes and macaroons - here's a chance this Diwali to get quirky and stand out when you present gifts to your loved ones. |
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'Make in India': A Lion's step to boost manufacturing
Nirendra Dev | 07 Oct, 2014 |
A high spot of the economic scene in a normal circumstance in a parliamentary democracy is the presentation of the budget. But this fiscal, the major highlight could be the launching of 'Make in India' campaign by the Prime Minister Narendra Modi on September 25, 2014. |
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No stops for Modi in US
Arun Kumar | 15 Sep, 2014 |
Not long ago, Narendra Modi was not welcome in the US. But the US is now pulling out all stops to woo him when he comes calling at the White House as India's prime minister at the end of this month. |
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Modi tones up governance, lays out policy roadmap
Prashant Sood | 29 Aug, 2014 |
Narendra Modi has sought to mark his first term as prime minister with some distinct initiatives in terms of both policy and governance style - direct communication with the people, faster decision-making, a disciplined bureaucracy, thrust on innovation and technology, cleanliness, rural transformation and kindling a can-do spirit in the people. |
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Guidelines on CSR and Sustainability
Sutanu Behuria | 25 Aug, 2014 |
In the last few years, the pioneering initiatives of DPE in promoting awareness of the concept of CSR in the public sector enterprises in India through issue of guidelines on the subject, and regular interface with the management of CPSEs to ensure adherence to the guidelines in letter and spirit, has resulted in widespread understanding and acceptability of CSR in the country. |
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Dot Bharat domain to soon hit screens
Aparajita Gupta | 18 Aug, 2014 |
India, with its existing 243 million Internet users, is all set to get a 'dot Bharat' domain name from this month that will help bridge the digital divide and accelerate e-governance. This will be soon followed by web addresses in six regional languages. |
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'Online commerce will compliment physical retail stores'
SME Times News Bureau | 11 Aug, 2014 |
Does a new paradigm of digital consumerism in India, which has a market share of USD 15 billion today, spell doom for the brick and mortar retail shops? Realignment in industry, yes, but physical retail stores are here to say, experts feel. |
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Modi's Nepal visit: Unfurling vision of an integrated South Asia
Saroj Mohanty | 05 Aug, 2014 |
Flying in to Kathmandu, Prime Minister Narendra Modi said he wanted to forge a "new relationship" with Nepal that could serve as a model for regional partnership in South Asia. After his two-day visit, it is apparent he has succeeded to a large extent and opened in his own words a "new chapter" in ties with the Himalayan republic. |
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Is mobile wallet a distant dream in India?
Aparajita Gupta | 28 Jul, 2014 |
Despite a huge unbanked population and 700 million cell phone connections, the concept of mobile wallet will take some time to become popular in India as people are still unaware of its larger benefits like financial inclusion, even as the standards to make it functional are yet to be in place, experts maintain. |
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Jaitley's budget mustn't sell rupee short
Vatsal Srivastava | 05 Jul, 2014 |
The Iraqi crisis and the possibility of an oil supply shock have shown how quickly things can change in the foreign exchange market. The global macro risks that have merged out of the Middle East in recent weeks have pushed crude prices higher by about five percent and this in turn has led to the rupee breach the all important psychological 60 mark to the dollar. |
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India's Deficits
Amit Kapoor | 05 Jul, 2014 |
Over the past few years, we have heard of all sorts of deficits that have been ailing India. |
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Modi Govt: Challenges mount after fresh beginning
Prashant Sood and Anjali Ojha | 25 Jun, 2014 |
It has been an energetic start to the new government but challenges are already beginning to show. Prime Minister Narendra Modi has led the efforts to streamline governance by pitching for speedy decision-making in his first month in office and taken the first of "tough" measures as his government tries to revive a sluggish economy and nudge some Congress appointees to quit gubernatorial offices. |
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Corporate India in strength at Modi's inauguration
SME Times News Bureau | 27 May, 2014 |
Gautam Adani was there and so were the Ambani brothers, Anil and Mukesh, as a galaxy of corporate leaders marked their presence among the 4,500 guests at the grand inauguration ceremony of Prime Minister Narendra Modi here Monday evening. |
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'Prime Minister Modi will rework, repair foreign ties'
Ranjana Narayan | 17 May, 2014 |
As India makes way for a new BJP-led govt, with the elections keenly followed by major world powers, foreign policy experts say the regime change is a signal to the world "that the world's largest democracy is alive and kicking" and that the thumping majority gives "Prime Minister Modi" the mandate to rework and repair relations. |
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Will economy look up post-elections? Outlook is gloomy
Amulya Ganguli | 03 May, 2014 |
Finance Minister P. Chidambaram's confession that the government made a mistake by taking the foot off the accelerator of economic reforms might reflect not only the past but also the future. The reason is that the deceleration may continue even if there is a change of guard in New Delhi. |
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Rupee upside capped at 57-58 against US dollar
Vatsal Srivastav | 08 Apr, 2014 |
A rush of money back to the developed markets, coupled with domestic fundamental challenges such as dwindling foreign exchange reserves and high inflation, pushed the rupee to an all time low of 68.8 against the dollar in the next couple of months. |
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'Manmohan legacy of growth stunted by price rise, graft'
Gyanendra Kumar Keshri | 01 Apr, 2014 |
As Manmohan Singh steps down less than two months from now as the prime minister of Asia's third-largest economy, he will be credited for ushering the fastest-ever growth, but his legacy will also be mired somewhat by serious allegations of graft against his government and sharp rise in prices, opinion makers maintain. |
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The post-election economy - light at the end of the tunnel?
Keer | 13 Mar, 2014 |
As Bill Clinton said, "It's the economy, stupid". Many of those with their eyes upon the 2014 Indian election would agree. With the rupee hitting record lows last year, there are few who would argue that the economy should not be one of an incoming government's main priorities. |
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2014 polls: Congress down, BJP far from Mission 272
Amulya Ganguli | 11 Mar, 2014 |
Next month's general elections may prove to be the most significant ever because they can determine the fate of the Congress' first family. It is open to question whether in the event of the party's defeat, as is anticipated, the Nehru-Gandhi dynasty can continue to play its present dominant role. |
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How realistic are Chidambaram's fiscal projections?
Arvind Padmanabhan | 19 Feb, 2014 |
One would have expected Finance Minister P. Chidambaram to go a little easy on the fiscal deficit front, given that he presented an interim budget in an election year. But far from it, he has promised to keep the fiscal deficit -- the difference between total projected expenditure and revenues from sources like taxes, loan recoveries and other receipts - on a tight leash. Are the numbers realistic? |
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Modi-led stable govt doesn't assure new bull market
Vatsal Srivastava | 03 Feb, 2014 |
Indian equities have witnessed a few choppy trading sessions following the US Federal Reserve's announcement to further taper its monthly bond buying program by USD 10 billion to USD 65 billion a month. The emerging market currency sell-off has also added to short term bearishness. But the stabilization of the Turkish lira and the South African rand in the latter half of last week will most likely lead to an improvement in trading sentiment in the emerging market space. |
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'Exploitable Potential' to 'Credit Potential': NABARD shows the way
Dr. K. Parameswaran | 21 Jan, 2014 |
As an annual exercise, NABARD takes up a detailed exercise in all districts across the country for mapping the credit potential that is expected to stimulate balanced growth. Here, the emphasis is mainly on the key stake holders in the development process - the district administration, implementing departments, banks, farmers etc. |
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Manmohan: Making way for Rahul, with a sting in the tail
Amulya Ganguli | 04 Jan, 2014 |
The only occasion when the prime minister perked up during his otherwise somewhat insipid press conference was when he castigated Narendra Modi in uncharacteristically abrasive terms, thereby giving the latter a taste of his own bitter medicine. |
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Mexico's reforms: Implications for India's energy security
Deepak Bhojwani | 16 Dec, 2013 |
On Dec 1, 2012, when he became President of Mexico, Enrique Peña Nieto had his mind made up. He realized that the pulsating Mexican economy - whose GDP growth slumped to 1.3 percent in 2013 - needed some structural reform to take the next leap forward. |
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Clear Indian imprint & win at Bali global trade talks
Arvind Padmanabhan | 07 Dec, 2013 |
The landmark trade reform deal reached Saturday at Nusa Dua on the Indonesian resort island of Bali leaves a distinct Indian imprint in ensuring that the rights of an emerging economy in addressing its food security concerns cannot be sidestepped just to show some movement forward for a rule-based global commerce. |
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India spreads its wings in Asia-Pacific region
Saroj Mohanty | 16 Nov, 2013 |
"India is so situated that it is the pivot of Western, Southern and Southeast Asia. Though not directly a Pacific state, India will invariably exercise an important influence there. India will also develop as the centre of economic and political activity in the Indian Ocean area in the Southeast Asia and right up to the Middle East." |
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New Australian Govt. flags better ties with India
Rekha Bhattacharjee | 08 Nov, 2013 |
With a change in government in Canberra, ties between India and Australia are likely to experience another upswing. New Australian Prime Minister Tony Abbott has made better relations with India as one of his government's top foreign and trade policy priorities. |
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Belgium sees plenty of promise in Indian economy
Tarun Basu | 04 Oct, 2013 |
Indian business may have their reasons to despair about the state of the Indian economy, but the view from the 'capital of Europe' is decidedly different.Princess Astrid , the sister of present King Philippe, a strong supporter of India, is leading a large 350-strong business delegation to India next month, as Belgium remains upbeat about the potential and prospects of the Indian economy, say Indian officials. |
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'Ordinance may be scrapped but PM unlikely to resign'
Prashant Sood | 01 Oct, 2013 |
The controversial ordinance on convicted lawmakers may be junked by the government in the next few days, but Prime Minister Manmohan Singh is unlikely to resign over the perceived undermining of his authority by Congress vice-president Rahul Gandhi, feel former bureaucrats who have held key positions in the government. |
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India reclaiming global leadership on climate change
Rajendra Shende | 24 Sep, 2013 |
When Prime Minister Manmohan Singh launched India's National Action Plan on Climate Change in 2008 and its target to reduce energy intensity, he was hailed as a global leader for taking bold steps to address the issue. More recently, India has received a wake-up call from climate-driven tragedies such as the floods in Uttarakhand and the dire droughts of 2012 and and Manmohan Singh is once again returning to a leadership role. |
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Five steps India must take to restore global confidence
Rahul Singh | 10 Sep, 2013 |
The recent Global Competitiveness Report 2013-14, ranking India at No. 60, leaves no doubt that these are exceptionally dire times for the Indian economy. This World Economic Forum report of Sep 4 puts India 31 places below its emerging market peer China and barely ahead of Russia; it is India's lowest rank in this survey. |
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Food security bill: Salient features
SME Times News Bureau | 03 Sep, 2013 |
The National Food Security Bill, 2013 passed by the parliament Monday gives right to subsidised food grain to 67 percent of India's 1.2 billion people and provides for penalty for non-compliance by public servants. The bill's salient features include: |
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What's dragging rupee down: Speculation or economics?
Gyanendra Kumar Keshri | 26 Aug, 2013 |
The rupee, which was valued at around 55 to a US dollar in January, now trades as much as 18 percent lower at 65 to the greenback. Against the British pound sterling, it has breached the 100-mark. Each passing day is seeing a new low. |
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The volatile journey of Indian rupee since independence
Gyanendra Kumar Keshri | 16 Aug, 2013 |
The Indian rupee, which was at par with the American currency at the time of independence in 1947, hit a record low of 62.03 against the dollar recently. This means the Indian currency has depreciated by almost 62 times against the greenback in the past 66 years. |
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Do not dismiss food bill: It will have ripple effect
Vaibhav Gupta | 12 Aug, 2013 |
There are several lacunae in the bill, and these must be filled if the targeted beneficiaries are to profit from the landmark measure. However, even if one agrees that the bill could be stronger, there are several worthy reasons why we should support it and not stand against it. |
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Owner's concerns v/s employee's concerns
Rajesh Shetty | 09 Aug, 2013 |
The corporate dynamics today has taken a complete new turn. Companies are spending huge amounts of money and resources on employee engagement and training, largely focusing on employee retention and efficiency enhancement. |
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Realty watchdog bill needs matching reforms for efficacy
Vinod Behl | 06 Aug, 2013 |
A recent survey by the Ministry of Consumer Affairs has dubbed the real estate sector as the second worst industry after telecom in terms of quality of service. This, it said, was causing a monetary loss of Rs 32.3 crore (USD 5.5 million - though the figure is only a tip of the iceberg) due to delayed delivery and poor quality of houses. Add to this the funding crisis, unaffordable property, rising delivery defaults, falling sales and plummeting investor confidence, and the picture is complete. |
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Are fresh MBA graduates ready for the industry?
Namrata Kath Hazarika | 02 Aug, 2013 |
One surefire way to impress a potential employer is having a MBA degree on your resume. It will definitely make a solid image on the employer who knows you have the great idea or product, which will help to get the job done. However, its your first day on job and your employer feels you are not the right candidate. Now, without wasting anymore time you have to search for the next new job once again.
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Biden visit: Can India live up to US expectations?
C Uday Bhaskar | 29 Jul, 2013 |
US Vice President Joseph Biden's recent visit to India (July 22-25) may not have led to any major breakthrough, but provided a valuable opportunity to renew the high-level political contact between the two countries at a time when there is some concern in India that the Obama administration is not paying adequate attention to the bilateral relationship. |
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Why Brand Experiences Matter
Ankur Kalra | 19 Jul, 2013 |
In this world of abundant choices and easy options what is it really that makes your brand better than the others? Don’t all shampoos promise to makes your hair softer, silkier and smoother? And what deodorant does not guarantee drop dead gorgeous women getting inexplicably attracted to you? In a market where each product is as good as the next, experiential marketing makes all the difference.
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Indian firms must listen to customer chatter
Sanjiv Kataria | 15 Jul, 2013 |
When I sat down to pen my thoughts on the status of the burgeoning Rs. 85,000 crore (USD 19 billion) Business Process Outsourcing industry (loosely referred to as BPO, Call Centers, ITeS and now BPM), I was confident that I would be able to complete my 800-word comment well before the deadline. |
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Reforms can help improve sentiments towards rupee
Vatsal Srivastava | 02 Jul, 2013 |
In the financial markets, every trader has his own style, methodology and a favourite list of fundamental and technical indicators which is developed over time to be consistently profitable. But there is one golden rule subject to absolutely no modification: “You don’t fight the Fed”. |
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To Look East, India must first transform its northeast
Rajiv Dogra | 13 Jun, 2013 |
Every time there is a prime ministerial visit to East or Southeast Asia, we dust up the two-decade-old placards and begin to wave them. The fading lettering on them proclaims that India is 'Looking East.' But as a nation, our attention span is limited. Therefore, the moment the visit is over we climb up tiredly into the attic to deposit the placards and to keep them there till the next visit. |
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UCA law brings both opportunities & threats to Indian manufacturing exports in US
Dr. Tamanna Chaturvedi | 06 Jun, 2013 |
Current industrial scenario is so dynamic that any new development has widespread repercussions around the globe. The impact of these developments has been quite visible in case of our manufacturing exports wherein a fall in shares of traditional items like textiles, leather and leather manufactures, plastics, glass and glassware etc have been witnessed primarily in our largest traditional market of the US. |
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Development not at cost of environment: Expert
Fakir Balaji | 06 Jun, 2013 |
Noted ecologists and green activists Wednesday cautioned the government against aiming 8-9 percent GDP (gross domestic product) annual growth at the cost of environment and sought a balanced approach towards sustainable development for a equitable society. |
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Opportunities galore for small business owners
Franchise India | 27 May, 2013 |
One can start own venture on small scale with less initial investment and infrastructure requirement and operate it successfully with relatively low working capital and still expect to make substantial earnings. |
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Scenario of pharmaceutical market in India
Harjeet | 27 May, 2013 |
The pharmaceutical industry in India is most progressive and advanced among all the developed and developing countries. The industry has provided great employment opportunities to thousands of people, apart from contributing greatly towards the Indian economy. |
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BRICS: Changing the paradigm of international relations
Deepak Bhojwani | 20 May, 2013 |
India, a motive force behind the founding of BRICS - Brazil, Russia, India, China and South Africa - has shown the world the importance of the development of democracy. By focusing on cooperation rather than competition, these five emerging world powers have shown that they are capable of changing the paradigm of international relations and promoting the democracy of development. |
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SMEs most aggressive adopters of ERP
Sudheer Nair | 08 May, 2013 |
Over the last decade or so, information technology has taken some giant steps and this exponential growth has changed the way we live and interact with the world. No wonder information technology has enabled many small and medium businesses to carve a niche for themselves. |
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RP Goenka: 'Friendly' takeover tycoon and remarkable man
Sankar | 26 Apr, 2013 |
Rama Prasad Goenka (who died April 14) was decidedly the most remarkable man I have seen in my life's journey. The world need not be told that R.P. Goenka was a great businessman. What was more remarkable was that he was an extraordinary human being, rich not only in bank balances but richer in human values, always keen to understand the world and enjoy the company of the people around him. |
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Indian investment in Latin America
Mercatrade.com | 11 Apr, 2013 |
When Goldman-Sachs coined the term BRICs, they could have little idea of what effect this economic block would have on trade in Latin America. Representing Brazil, Russia, India, and China, the BRIC group of rapidly developing economies are seen as the lynchpin for Latin America’s financial autonomy. |
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Time running out for India-EU free trade talks?
Gyanendra Kumar Keshri | 09 Apr, 2013 |
Trade and investment talks between India and the European Union (EU) could be in limbo for years, if not concluded in 2013, as the 27-nation grouping is likely to shift its focus to a trade deal with the US. |
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12 billion mobiles in next 10 years
Prasanto K. Roy | 08 Apr, 2013 |
One kilogram. That's what it weighed, the bulky prototype used for a wireless phone call by a Motorola engineer in 1973. For the real milestone 10 years later, a 790-gram Motorola DynaTAC made the first call from a commercial mobile phone, in a Mercedes in 1983. That makes the mobile 30 years old, and not the 40 that's being reported. |
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You are not over yet
Pascal Nyasha | 05 Apr, 2013 |
The recession has swiped across the world. Many wounds were left and many today wallow in deep pain. All your savings may be gone and you are left with nothing. Many lost homes and other assets. |
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BRICS has arrived, so will the mortar
Arvind Padmanabhan | 01 Apr, 2013 |
With Brazil, Russia, India, China and South Africa concluding in Durban a cycle of one summit in each country, the BRICS bloc, in a rather short span of time, seems to have arrived as an influential voice on the geopolitical space and some decisions like a development funding arm for poor and emerging economies, when executed, will have the potential to even challenge the World Bank and the International Monetary Fund (IMF). |
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Online libraries re-kindle the thrill of reading
Azera Parveen Rahman | 25 Mar, 2013 |
When was the last time you visited a library, browsed through the hundreds of titles, and finally borrowed a book that evoked your interest? Online libraries that promise to offer nearly the same experience have caught the readers' fancy and are rekindling a lost love. |
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The levels of leadership
Pascal Nyasha | 19 Mar, 2013 |
For decades, there has not been an agreement on the true meaning of leadership. The definitions, explanations, understanding and paradigms of leadership are as diverse as the scholars on the subject. |
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Nepal reducing poverty faster than India: Oxford study
Prasun Sonwalkar | 19 Mar, 2013 |
Nepal and Bangladesh are reducing poverty faster compared to India, according to a new study based on the multidimensional poverty index developed at the University of Oxford and used by the UN Development Programme (UNDP) in its Human Development Reports. |
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Budget'13: How realistic are Chidambaram's numbers?
Gyanendra Kumar Keshri | 04 Mar, 2013 |
Finance Minister P. Chidambaram proposes to contain the fiscal deficit at 4.8 percent of the Gross Domestic Product (GDP) during 2013-14 despite an aggressive 30 percent surge in plan expenditure and nearly 12 percent increase in overall spending. Experts, however, are sceptical. |
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Budget: UPA finally moving towards capitalism
Amulya Ganguli | 03 Mar, 2013 |
Finance Minister P. Chidambaram's claims to be a reformer may have received a glancing blow with the 10 percent surcharge on the super-rich in Thursday's budget proposals, but the fall of the axe on 42,800 people who earn Rs.10 million a year is small price to pay for his reluctance to take more drastic steps against the wealthy. |
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'Maghreb region should be next focus of India Inc'
Ranjana Narayan | 25 Feb, 2013 |
The Maghreb region comprises Algeria, Libya, Mauritania, Morocco and Tunisia and contributes 20 percent of the African continent's gross domestic product (GDP) though it has only nine percent of the population - around 85 million |
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This will be a make-or-break budget for UPA
Amulya Ganguli | 23 Feb, 2013 |
With 10 state assembly elections this year and the general election in the next, the Congress-led United Progressive Alliance (UPA) faces possibly its sternest challenge since it returned to power in 2009. |
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The arrival of leadership
Pascal Nyasha | 19 Feb, 2013 |
It is interesting studying the evolution of management from the classical theorists until this time. The emergence of people like Fredrick Taylor in the nineteenth century brought in the concept of scientific management. |
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Weavers of Happiness
Amit Guin | 18 Feb, 2013 |
The Chanderi sarees of Madhya Pradesh have created waves in the world of fashion by alluring the customers with its pleasant colours and spectacular designs. |
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FDI - Building Future - Ready MSMEs
Deep Kapuria | 11 Feb, 2013 |
MSME sector is continually embattled with intractable issues like limited access to credit and institutional finance, technological obsolescence, limited market access, and skilled manpower shortage. |
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Beware of being catfished online!
Sasha Horne | 08 Feb, 2013 |
Catfishing, a term coined from the 2010 film "Catfish" documenting a young man's supposed romance with a woman he met through Facebook who in fact did not exist, has come into sharp focus following an embarrassing story involving Manti Te'o, a football star with the University of Notre Dame. |
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The power to change is in you
Pascal Nyasha | 29 Jan, 2013 |
In life there are so many things that we wish were different or we regret having done or said. There are unions that we regret having entered into while many of the situations around us may be so bad that we hope we could escape even from life itself. |
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Obama's big plans for India: What to expect?
Saroj Mohanty | 28 Jan, 2013 |
As US President Barack Obama heads into his legacy-shaping second term in office, assumptions, expectations and suggestions abound about what his administration could mean for India with which he professes to have enduring ties.
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Reinvent yourself this year
Pascal Nyasha | 22 Jan, 2013 |
Re-invention is one of the most important things in a person's life. In life we go through so many experiences and sometimes we emerge relinquished out of them. |
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Initiatives to boost manufacturing growth
Saurabh Chandra | 22 Jan, 2013 |
The Global economic turmoil has impacted the overall economy in general and industry in particular. This is quite evident from the deceleration witnessed in the performance of industrial sector in the recent past. |
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What leadership is really about?
Pascal Nyasha | 15 Jan, 2013 |
ON several occasions that I have met aspiring or established leaders there has been one question that I have been asked: What is leadership really about? |
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Assam's silk village: Weaving does not pay
Azera Parveen Rahman | 14 Jan, 2013 |
In Assam's Sualkuchi village, the rhythmic click-clock of the loom reverberates everywhere. Every house has a loom and in it the xipini, or weaver, weaves exotic mekhla chadors, the traditional Assamese attire, with an adept hand. Of late, there has however been a decline in the number of weavers, as weaving is no more seen as a paying proposition, changing the warp and weft of 'the silk village'. |
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Stretch your wings, it's time to fly
Pascal Nyasha | 08 Jan, 2013 |
Some people can "fly" but they had forgotten how to "fly".
So they forgot.
Some people completely do not know they can "fly".
So they never did
Some people had "flown" before, but forgot how to.
So they never remembered.
Some people know they can fly, but never try because they are surrounded by F-E-A-R.
So they quit.
Some people want to see others "fly" first before they "fly".
So they waited.
Some people wait for a mentor to teach them how to fly.
So they waited.
Some people "flew" before and fell down, so they claimed that "flying" is dangerous and useless.
So they whined and quit. |
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Ratan Tata: Responsible leadership, conscious capitalism
Santhosh Babu | 07 Jan, 2013 |
Much is written and known about the business success of the Tata Group, the global acquisitions and Ratan Tata's role in them. Here's a look at Tata, who steps down as chairman of this $100-billion global empire Friday, not just as a successful business leader but also as an ideal role model who is responsible and authentic, while integrating inner values with outer actions. |
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How to discover yourself
Pascal Nyasha | 26 Dec, 2012 |
Last week I shouted, "Don't die before discovering yourself" and in this article I deal with what it takes to be able to discover yourself. The very first step towards discovering yourself is a painful one that many people choose not to experience. It is a conscious commitment towards facing the challenges of life even those that pose danger to your life. |
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Modi's success can deepen BJP's divisive image
Amulya Ganguli | 24 Dec, 2012 |
The three-dimensional images of himself which Narendra Modi projected simultaneously in several cities during the election campaign in Gujarat have been further boosted by the Bharatiya Janata Party's (BJP) success in crossing the firewall of 117 seats which it won five years ago. |
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Exploring the roots of leadership
Pascal Nyasha | 18 Dec, 2012 |
It was a great pleasure going through the hundreds of feedback in response to my recent article. It was most humbling to meet people who came all the way from Gweru, Marondera, Bulawayo and Bindura just to discuss the article and its implications on us as leaders. Leadership starts from the family, community, national and international level. |
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Jute - The Golden Fibre
PIB Feature | 18 Dec, 2012 |
India is the largest producer of raw jute and jute goods. Export performance of jute sector crossed USD 383 million during 2011-12. This year's target has been set at USD 500 million. The exports included diversified products like jute floor coverings, wall hangings, decorative fabrics. |
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What impedes Australia, India ties?
Rekha Bhattcharjee | 11 Dec, 2012 |
While there has been a flurry of visits to India by high-powered Australian trade delegations and politicians, observers are baffled by the slow pace at which the bilateral ties are growing.
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Data security and India-EU trade negotiations
Sameer Pushp | 01 Dec, 2012 |
It is said that data is the new raw material of business; it is the new oil which fuels the business and livelihood on this planet. Technological progress and globalization have profoundly changed the way our data is collected, accessed and used. "Data is a precious thing and will last longer than the systems themselves," say Tim Berners-Lee. |
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What kind of leader are you?
Pascal Nyasha (SME Times guest author) | 25 Nov, 2012 |
Many leaders are not very much aware of the kind of leaders they are. Such create blind spots in one's leadership and depending on how strong the blind spots are, it is recipe for disaster. |
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Reviving the dying Kashmir silk industry
M. L. Dhar | 24 Nov, 2012 |
Silk has been one of the cherished heritages of Jammu and Kashmir with sericulture activity in the valley finding mention in ancient Sanskrit scriptures including Rajtarangni. The queen of the fabrics, Kashmir Silk has ever cherished the passion of consumers for its lustre, purity and fineness. |
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Congress should educate party, people on reforms
Amulya Ganguli | 20 Nov, 2012 |
There is little doubt that the Congress's recent public rally in the national capital and then a Samvad Baithak, a closed-door, inner-party discussion session, in nearby Surajkund are signs that the party is gearing up for the next general election, which is only 18 months away, as Sonia Gandhi reminded the audience. |
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Is Indian economy turning around?
Ashok Handoo | 01 Nov, 2012 |
For a few months now, the Indian economy appears to be on a recovery path. At least there are enough indications to that. Foremost is the performance of various sectors of the economy. |
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Helping the world understand India's foreign policy
Rajiv Bhatia | 30 Oct, 2012 |
Our fellow citizens are much concerned today with domestic issues, but a small segment of citizenry spends its waking hours thinking largely about India's role in international affairs. Government officials apart, such people are mostly in the non-governmental domain.
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India's reforms go beyond face value
Arvind Padmanabhan | 23 Oct, 2012 |
The battery of reformist decisions taken by Prime Minister Manmohan Singh government in the past month not just alter the perception of policy inaction in India, but will also go a long way in reviving the country's slowing economy and stabilise state finances. |
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Types of small business loans
Kushwaha Singh | 16 Oct, 2012 |
The feeling of doing something on your own, on your own terms cannot be compared. Like all other good things in life, starting something can be extremely time consuming and tough. Since you are responsible for every little thing you have to make sure you take care of every little detail. The first major hindrance any entrepreneur may come across in money. |
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India's reforms go beyond face value
Arvind Padmanabhan | 08 Oct, 2012 |
The battery of reformist decisions taken by Prime Minister Manmohan Singh government in the past month not just alter the perception of policy inaction in India, but will also go a long way in reviving the country's slowing economy and stabilise state finances. |
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How to reduce costs while doing business in China
Zhang Bochun | 03 Oct, 2012 |
The second largest economy in the world, China offers multitude of trade and investment opportunities for Indian exporters. This country, with more than 1.3 billion people and so many thriving sectors of economy, has become a dream business destination for companies from all over the world in the recent times. |
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Will India and China fight a war again?
Mohan Guruswamy | 26 Sep, 2012 |
Most Indians rightly see the 1962 war between India and China, and a relatively small military defeat and the major national panic that followed, as a cathartic event. While 1962 will still be the seminal year for Sino-Indian relations, it is in 1967 that Indian and Chinese troops last clashed -- at Nathu La. Since then, not a shot has been fired across the border. |
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Economics trumps politics: Manmohan back in charge
Amulya Ganguli | 15 Sep, 2012 |
As at the time of the nuclear deal in 2008, Manmohan Singh is back in charge again. As the latest series of reform measures show, the hesitancy of the last few years is over and the country has returned to the road of market-driven policies which the prime minister initiated two decades ago when he was the finance minister. |
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Benefits of online business banking in United Arab Emirates
Steve Henderson | 10 Sep, 2012 |
Thinking of starting a new business in the United Arab Emirates? If so, you're already aware that it's a reasonably absorbing process. A key part to this procedure will be setting up and effectively managing a business banking account. Read on for a quick look at what to expect from setting up an account and how online banking is a great way to organize your company's finances. |
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Can Walmart and corner stores co-exist?
Gyanendra Kumar Keshri | 03 Sep, 2012 |
A fierce debate is raging in cyberspace over the cost and benefit of foreign direct investment (FDI) in multi-brand retail as the Indian government has once again begun working for its rollout as a 'must do' economic reform. And most say there is enough room for global giants like Walmart and the unorganised small retailers to co-exist. |
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Mend land policy to push realty, infrastructure
Vinod Behl | 20 Aug, 2012 |
The relaxation of rules by the Prime Minister's Office (PMO) on transfer of government land in a bid to speed up public-private partnership (PPP) projects in infrastructure sector is, indeed, significant. Especially so when economic growth has dipped to a 9-year low, amid infrastructure and realty projects hanging fire due to delayed approvals. |
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New corporate initiatives push artistic talent in India
Madhusree Chatterjee | 06 Aug, 2012 |
A handful of initiatives that have brought big business houses to promote visual art with incentives and new platforms is trying to open an alternative door for Indian art in the face of shrinking government support and a market slump. |
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Pranab won't be rubber-stamp President
Amulya Ganguli | 31 Jul, 2012 |
Pranab Mukherjee's relatively uneventful, to use a post-operative surgical term, journey to Rashtrapati Bhavan is one of the Congress' few success stories of late. What made it possible was the unforced errors of its opponents, who were apparently guided by blind antipathy towards the Congress rather than a realistic assessment of their position. |
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Social media adoption by SMEs
Sirjjan Preet | 23 Jul, 2012 |
Social media in India is growing at 100% and by 2014, 129.3 million Indians are expected to join the social media forums. According to eMarketer, fastest growth in social networking this year will come |
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Online reporting system of mineral transaction
Sanjeev Kumar Sundriyal | 17 Jul, 2012 |
In its continues effort to bring more transparency the Mines Ministry has developed an On-Line Registration and Reporting System under rule 45 of MCDR, 1988 of mineral transaction to facilitate the submission of monthly returns of iron ore. |
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Rekindling hopes: PM signals a course correction
Arvind Padmanabhan | 02 Jul, 2012 |
When Prime Minister Manmohan Singh met with the senior officials from North Block earlier this week after taking charge of the finance ministry again, his speech was short and to the point. But the message that went out was loud and clear with an added but important acceptance for the first time - that there was indeed a widespread public perception of policy paralysis in the government and he wanted the situation to change as fast as possible. |
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Latin America - energising India
Deepak Bhojwani | 21 Jun, 2012 |
Latin America has remained at the periphery of Indian political and economic strategy, having presented no significant challenges, received marginal Indian migration (mainly in the Caribbean/Atlantic), and, depending on the country, having limited or no historic or cultural connections with India. |
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Social, savvy and secure SMB
Anand Naik | 16 Jun, 2012 |
The advent of social media today has been a boon for Indian SMBs who are acknowledging its increasing value as a business tool. As more users sign up each day on social networking platforms the potential customer reach is phenomenal and thus today social networks are irresistible to marketers. Social media campaigns today, find appeal across many verticals. |
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Infrastructure Debt Fund
Shamima Siddiqui | 15 Jun, 2012 |
India has emerged as one of the fastest growing economies during the past decade. However, infrastructure development has not kept pace with the growth in the rest of the economy. Realizing this, India initiated an ambitious reform programme in all infrastructure sectors. |
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Bringing the economy back to high growth path
Dilip Ghosh | 11 Jun, 2012 |
Prime Minister Dr. Manmohan Singh called a meeting of Ministers and Senior officials of the Infrastructure Ministries - Power, Highways, Civil Aviation and Shipping & Ports on 6th June, this year. The purpose was to devise suitable measures to bring the economy back to high growth path. Indian economy which had been growing at 9 percent per annum for the past eight years, grew only at 6.5 percent in 2011-12 and in the last quarter of the financial year the growth rate was 5.3 percent. Such turn of events, made the Government take suitable measures to reverse the down turn. |
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Absence of Big Idea leaves Congress without direction
Amulya Ganguli | 28 May, 2012 |
Blaming factionalism for the Congress's recent electoral setbacks, as Sonia Gandhi has done, can be regarded as a somewhat facile explanation, considering that internal rifts have been a part of the party's genes dating back a century to the clashes between Bal Gangadhar Tilak and Gopal Krishna Gokhale, between Mahatma Gandhi and Subhas Chandra Bose and between Indira Gandhi and the so-called "syndicate", represented by the old guard in the Congress at that time. |
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'Global brands can generate jobs in India'
Nivedita Sharma | 21 May, 2012 |
International brands can generate job opportunities if their entry into India is facilitated, says Montblanc, a century-old German company known for its timeless luxury pens, watches, eyewear, leather goods and fashion accessories. |
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Recruiting talented freshers for SMEs: Internships the solution
Karthikeyan V | 18 May, 2012 |
Recruiting talented and relevant college graduates has always been a real challenge for small & medium enterprises (SMEs). This challenge stems from the fact that most of the students are keen to join MNCs through campus recruitment. The other avenue: the job portals, provides a huge number of resumes and makes the job of identifying relevant students laborious & time-consuming. |
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Cost-effective marketing secrets of SME marketing experts
Myles Anderson | 14 May, 2012 |
Whether your business is old or new, you can't stop advertising your product or service. And for most starters, small business marketing often mean cold calling potential buyers and making walk-in clients very satisfied. But are these small business marketing ideas still effective in this day and age? Or is Internet marketing becoming the next norm for small or big business. |
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Bloggers: Latest brand ambassadors to sell products
Azera Parveen Rahman | 24 Apr, 2012 |
A friend asks you to try a product she vouches for. Chances are you will go ahead and buy it the next time you see it on the store shelf. It's all about credibility - a factor that's making brands turn to a new medium, blogging, to market their products. |
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Small and medium enterprise insurance
Nasreen Haque | 17 Apr, 2012 |
While the headlines usually cover large enterprises, the truth is that SME accounts for the vast majority of any nation's businesses: from Egypt to the United Kingdom, nearly 98 percent of all businesses are SMEs. Most insurance brokers receive the majority of their revenue from small and medium enterprise insurance. |
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Glowing times for online jewellery retailers
Radhika Bhirani | 06 Apr, 2012 |
There was a time when gold jewellery or diamonds and other precious stones were only bought from the trusted family jeweller. Now the trend is changing, with more people open to buying jewellery online. |
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Budget: A manuscript of good intentions?
Arvind Padmanabhan | 16 Mar, 2012 |
It has made all the right noises about the need to reform and prune subsidies, and even extends incentives to tax payers. But without targets, Finance Minister Pranab Mukherjee's 7th union budget remains a manuscript of good intentions for the Indian economy. |
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Wind Energy: A nature’s bonanza for eternity
Dilip Nigam and Gargi Malik | 06 Mar, 2012 |
Throughout history, wind energy has been harnessed in many ways. Centuries ago, wind power was used to sail ships and windmills were used to grind the grains, pump water and cut wood. |
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NSIC -- nurturing the MSME sector
Ruby T. Sharma | 25 Feb, 2012 |
The National Small Industries Corporation Ltd., a Public Sector Undertaking under the administrative control of the Ministry of Micro, Small and Medium Enterprises was established in 1955 |
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'Budget 2012 should give thrust to innovation, technology adoption'
Rajiv Bhalla | 24 Feb, 2012 |
NEC India looks forward to a more holistic approach towards budget 2012. Not to miss, we expect it to be progressive in terms of giving thrust to innovation and lay greater emphasis on adoption of technology in varied sectors. In today’s scenario, there is increasing deployment of IT in the growing fields of education, retail, healthcare and public safety & security. As in FY 2011, we hope to see further momentum in these sectors. |
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Why SC judgment on telecom a blow to govt
Arvind Padmanabhan | 21 Feb, 2012 |
However much Communications and IT Minister Kapil Sibal may seek to defend the government, the verdict on telecom licences by the Supreme Court has dealt a severe blow to the credibility of the government, particularly when the very edifice of the executive -- that of framing and executing policies -- has been lambasted. |
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Eurozone crisis an opportunity for Indian IT: Expert
Ranvir Nayar | 14 Feb, 2012 |
India's Information Technology sector is well placed to take advantage of the current Eurozone crisis as an increasing number of companies will look at "offshoring" as a way to cut their costs, says an expert with a leading consultancy.
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Bizarre case of India vs the Internet
Prasanto K. Roy | 14 Feb, 2012 |
It isn't just one angry Indian against Google and Facebook. Internet freedom is on trial in India! The ham-handed, state-backed censorship of Salman Rushdie at the Jaipur Literary Festival earlier this month grabbed headlines -- "The Republic bows before the Mob". |
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India needs to rebuild its telecom narrative
Rohit Bansal and Manoj Kumar | 06 Feb, 2012 |
Telecom sits on the top of the incredible India story. But the mess, evident in the award of second generation (2G) licences, shows how at least six principal characters worked overtime to deface it. To borrow from the cricketing cliche, and but for the Supreme Court (SC), this team of public functionaries snatched defeat from the jaws of global telecom sweepstakes. |
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Indian coal sector needs to enhance production
PIB Feature | 04 Feb, 2012 |
The Coal sector in India has continued to remain vital and of fundamental importance for the growth of Indian economy. India is on the path of rapid growth. High economic growth and increased economic activities would create much larger demand for energy and predominantly of coal.
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A new word for Chinese diplomacy -- 'duplimacy'?
Ravi M. Khanna | 24 Jan, 2012 |
"China wants to develop long-term friendship and cooperation with India." So said the Chinese official who held border talks with Indian officials this week. He also predicted a "golden period for India-China relations" in the near future. What he did not say, but sceptics like me heard him say between the lines, is that all this is possible only if it is done on China's terms. |
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SAARC can bring real cooperation in South Asia
Ravi M. Khanna | 16 Jan, 2012 |
At last India and Pakistan, it seems, have woken up to the need for genuine cooperation in South Asia where countries of the region start depending on each other for those crucial products which they now import from the West. This way they will pay lower freights and at the same time contribute to the economic growth of the region. |
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2012 IT predictions for SMBs
Ajay Goel | 03 Jan, 2012 |
As we approach 2012, Indian SMBs are planning IT initiatives for next year. Virtualization is at the top of the list for many. It is no longer just an enterprise technology and is increasingly being adopted by SMB organizations. |
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Indian economy hit by high inflation, slowing growth
Gyanendra Kumar Keshri | 28 Dec, 2011 |
Even though India performed better than most emerging economies despite the global economic slowdown and the Eurozone crisis, 2011 for it was largely marked by a phenomenon which no country desires -- slowing growth with high inflation.
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Textile Ministry targets USD 32 bn of exports in 2011-12
SME Times News Bureau | 27 Dec, 2011 |
The Indian Textiles Industry has an overwhelming presence in the economic life of the country. Textiles sector contributes 14% of industrial production, 4% of GDP and 10.63% of country’s export earnings. It provides direct employment to over 35 million people, which includes a substantial number of SC/ ST, and women. The Textiles sector is the second largest provider of employment after agriculture.
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2011 - Year of tech, tweets, tablets and telecom
Prasanto K. Roy | 27 Dec, 2011 |
The year Steve Jobs died was a busy one for global tech -- the rise of the iPad, the spread of pay-as-you-go cloud services and the turmoil in the smartphone market with iPhone and Android knocking out RIM BlackBerry and Nokia. |
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Durban climate talks: What it means for India?
IANS | 16 Dec, 2011 |
At the recently concluded UN climate change talks in Durban, the world agreed to a new global climate change regime by 2020 to bring down emissions to save the planet. But cutting carbon emissions will be a tough task for India in the years to come as the country needs to balance its development trajectory with transition to a low carbon economy. |
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Is Indian handloom dying a slow death?
Nivedita Sharma | 14 Dec, 2011 |
Their handspun silks and cottons are sold for thousands and sometimes hundreds of thousands of rupees and top names endorse their products. But the humble hands that weave classy, elegant fabrics that the world admires are living in penury. |
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Five reasons why India can't censor the Internet
Prasanto K. Roy | 13 Dec, 2011 |
In just 24 hours, in the Facebook alumni group of St Stephen's College, Communications Minister Kapil Sibal's ratings crashed faster than that of US President Barack Obama or what former telecom minister A. Raja, now in judicial custody over second generation (2G) spectrum case, ever had. |
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India's myopic politicians derail reforms
Amulya Ganguli | 10 Dec, 2011 |
India is passing through a dystopian nightmare. The scene is as gloomy as it can possibly be. High inflation, low investment, falling growth rate and a widening gap between the rich and the poor, as testified by the Organization for Economic Cooperation and Development (OECD), have been compounded by the government's policy paralysis which has been diagnosed by an unnamed Congress minister as a symptom of Parkinson's disease. |
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Top 5 tips for a small business start-up
Dr. Mark D. Yates | 29 Nov, 2011 |
Economists are gracing our TV screens and newspapers proclaiming that the current economic downturn has finally bottomed out, and that we are about to turn the corner of the current credit crunch. |
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Pakistani traders do brisk business at IITF
Rohit Vaid | 21 Nov, 2011 |
Traditional cotton textiles with embroidery, aromatic spices and handicrafts are among a wide array of goods that have emerged as huge hits for the Pakistani contingent at the annual India International Trade Fair (IITF) as they reported brisk sales even during the business days. |
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Use Internet for sourcing buyers
Anand Choudhary | 21 Nov, 2011 |
The integration of information and communication technologies has revolutionized the modus operandi of any business. Today, the Internet has changed the entire world, transforming it into a global village.So much so that today almost every international trader across the world is setting up his virtual office on the Internet, where he can deal with his clients sitting in any part of the world just with the help of his laptop and mobile phone. |
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Innovation: Changing the Indian MSME Landscape
Virbhadra Singh, Minister MSME* | 05 Nov, 2011 |
Innovation is the key factor, given the current global scenario, the only way that Indian Micro, Small and Medium Enterprises (MSMEs) can remain competitive is by adopting innovation as a key business strategy.The Ministry of Micro, Small and Medium Enterprises has taken several initiatives to encourage MSMEs to continuously innovate in terms of creation of new products, new processes and new services. |
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Will India be the next Dubai?
PR Newswire | 03 Nov, 2011 |
In line with its increasing economic might over the past two decades, India has recently begun foraying into the tall buildings market, with Mumbai leading the way and other metropolitan cities like Hyderabad, Bangalore and Delhi following suit. |
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3 summits in a month: Manmohan set for intense global diplomacy
Manish Chand | 01 Nov, 2011 |
Taming the international financial crisis, evolving an East Asia architecture and infusing new energy into South Asian integration -- Prime Minister Manmohan Singh has an action-packed November as he heads to three multilateral summits, juggling different regions and agendas.
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Now real estate sector needs reform
Vinod Behl | 31 Oct, 2011 |
The Supreme Court ruling banning real estate transactions on the basis of power of attorney and making sale deed compulsory for property sale is a welcome step that will make secondary market transactions fool-proof. |
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Blogging and Small Business Marketing
Karen Scharf | 18 Oct, 2011 |
Blogging is an excellent way to supplement your small business marketing. However, there is a great deal of confusion about exactly what role the blog plays in small business marketing and how it helps you to make money. |
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Export marketing: Money pit or golden egg?
Kylie Hargreaves | 11 Oct, 2011 |
Many export businesses make the mistake of focusing their business plans and efforts on creating the "best" product or service they can in the hope that the offering will then "sell itself". |
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Technical textiles : a sunrise sector
Rita Menon | 30 Sep, 2011 |
Technical Textiles is the sunrise sector of the textile industry in India, with a current market size of Rs 57,000 crores and a growth rate poised to take off from the present 11%, to almost 20% during the 12th Five Year Plan. India has all that it takes to harness this technology oriented sector, and provides a huge opportunity, both as an investment destination, and as a robust market for technical textiles. |
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Tourism in India : An Overview
Samir Sinha | 27 Sep, 2011 |
Tourism is recognized as a powerful engine for economic growth and employment generation. The tourism sector is the largest service industry in the country, its importance lies in being an instrument for economic development and employment generation, particularly in the remote parts of the country. |
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Let us reduce greed to stop corruption
Anil K. Rajvanshi | 26 Sep, 2011 |
Anna Hazare broke his 12-day fast on Aug 28 amid great jubilation at the Ramlila Maidan and elsewhere in the country. Most of the media and some of his associates called it a major victory for fighting corruption while others termed it a shallow one and a circus with no promise of a strong Jan Lokpal Bill in sight. The truth lies somewhere in between. |
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India's quest for South-South cooperation
Sameer Pushp | 22 Sep, 2011 |
Global economic recession and instability that we witnessed recently has given rise the need to forge new mutually beneficial business partnerships which will ultimately act as engine of economic growth and socio-economic development. The older alliances and cooperation seems to be withering out and failing to meet the need of the changing times. The quest for the exploration of the newer paradigm led to the birth of an idea called South-South Cooperation (S-S Cooperation) - it’s about the tremendous force of solidarity, which can help overcome even the biggest challenges confronting the world. |
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Market study fundamentals
Patrick O Connor | 13 Sep, 2011 |
Market studies are performed to evaluate real estate market conditions with regard to an existing or proposed property. The focus of a market study details competition within the submarket, the strength or weakness of the submarket. Also, market study indications that the submarket will continue to improve or weaken and how the existing or proposed subject property is likely to perform within the submarket. |
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Marketing and management
Forest | 13 Sep, 2011 |
Ever since Arthur (Red) Motley's insightful description of marketing, it is now common knowledge that marketing is a common place process which goes on not |
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PM's Dhaka visit to bring new deals
Rahul Dass | 06 Sep, 2011 |
Accompanied by five chief ministers, Prime Minister Manmohan Singh travels to Bangladesh Tuesday on a visit that experts in both countries believe will transform ties between the neighbours and take relations to a new trajectory. |
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Promoting growth of MSMEs through tool rooms
PIB Features | 30 Aug, 2011 |
In today’s fast paced global business scenario, technology has become more vital than ever before. Its development and absorption are the key ingredients for the overall economic development of a nation. |
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Indian entrepreneurs, get your act right
Mohita Nagpal | 16 Aug, 2011 |
The combination of acting and business is unusual. All of us have a pretty broad background in business. A couple of us have worked in business... one is an accountant. Besides, we have all done additional training. |
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Constant rate hikes have further burdened realty industry
Vinod Behl | 09 Aug, 2011 |
It is a matter of concern that credit growth, both for home loans and on the exposure to real estate developers, has hit a speed breaker due to repeated interest rate hikes. Industry statistics show the growth rate of loans to developers came down from 43 percent in January to just 11 percent in May this year. |
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Govt. needs to look beyond monetary reforms
Writuparna Kakati | 26 Jul, 2011 |
As feared but expected widely, the Reserve Bank has hiked its policy rates again today. With headline inflation remaining consistently above the 9 percent mark since December, 2010, the move was nothing but expected by marketers, analysts, bankers and the industry alike. |
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India-Bangladesh border 'haats' reopen - after 40 years
R.R. Kharmujai | 26 Jul, 2011 |
Meghalaya resident Tengrak Ch Marak grew up on stories about his father's trading days at the 'haats' on the border with what was then East Pakistan. Those markets have reopened after 40 years, throwing up huge opportunities for trans-border commerce for people like him in India and his counterparts in Bangladesh. |
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Impact of social media on SMEs
Andrew McCauley | 19 Jul, 2011 |
As technology advances and effect the business environment, small business strategy has taken on a whole new meaning. In the past small business strategy was focused on the growth of local businesses and looking for clientele in a very small area of coverage. |
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Successful brand marketing strategies for internet marketers
Linda Saville Trempe | 19 Jul, 2011 |
What are brand marketing strategies and how can implementing brand marketing strategies help an online business? Just like a bricks and mortar business, an online business also needs to suggest a positive image to the customer. Regardless of what many people believe, branding is much more than creating a company logo and using a specific color theme. Brand marketing strategies have to include the purpose, focus and image of the business. |
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Online marketing scams and how to spot them
Linda Saville Trempe | 12 Jul, 2011 |
There are multiple online scams just as there are also many reputable online marketing programs. Just as with anything we choose to become involved in, caution should be exercised. So how do we spot online scams? What are some of the factors we need to look for to help us spot online scams? |
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Email marketing - tips for writing a good business email
Rita Sharma | 28 Jun, 2011 |
Email messages are like technology mingled with creativity. Use of simple yet powerful words in a Business E-mail can persuade your customers to buy the product, can help you build a long lasting relationship with clients, and can create your image in the market. |
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Entrepreneurial & managerial support for SMEs through incubators
PIB Features | 14 Jun, 2011 |
Recognizing the importance of micro and small enterprises, which constitute an important segment of Indian economy in terms of their contribution to country’s industrial production, exports, employment and creation of entrepreneurial base, the Central and state Governments have been implementing several schemes and programmes for promotion and development of these enterprises. |
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The power of marketing intelligence
Onesimus Smith | 31 May, 2011 |
Marketing intelligence (MI), according to Cornish, is defined as "the process of acquiring and analyzing information in order to understand the market (both existing and potential customers); to determine the current and future needs and preferences, attitudes and behavior of the market; and to assess changes in the business environment that may affect the size and nature of the market in the future." |
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Business analyst for the small business
Mrlee | 24 May, 2011 |
The small business holder can profit just as intensely from a business analyst as a large corporation. There may be time when the business analyst sees the big picture when thesmall business holder can only see the stand line. The new small business may not |
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Converting clicks to customers
Manish Dalal | 04 May, 2011 |
The Internet today has become a powerful tool for businesses to influence their customers and market their businesses irrespective of their size and market reach. |
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Time to go green for Indian SMEs
Writuparna Kakati | 03 May, 2011 |
The environment trend has been around and it is the best time for our SMEs (Small and Medium Businesses) to go green. As the problems of global warming gaining urgency, a massive number of companies, both small and large, from all over the world are showing interest to implement a green strategy into their business to address climate change. |
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Towards transparent transactions in realty industry
Vinod Behl | 04 May, 2011 |
The recent announcement by the Confederation of Real Estate Developers Association of India (Credai), the apex body of builders, to impose a code of conduct on some 10,000-odd members to bring in transparency in real estate transactions is a welcome step. |
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How to tackle small firms' big hiring woes
Writuparna Kakati | 23 Apr, 2011 |
The story repeats itself once and again - in every small and medium enterprises: the new employee hired has an impressive resume, he interviewed like a champ, the background investigation came back with no blemishes. However, his first week on the job, and you find that he is not the right person. Now, you have to start all over again! |
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Regulation only way to weed out graft in realty sector
Vinod Behl | 05 Apr, 2011 |
A recent survey by a global consultancy, dubbing the real estate sector in India as most corrupt, has come as a shocker for industry captains struggling to improve the tainted image of the sector. Even Prime Minister Manmohan Singh has said black money in realty was an unfortunate reality. |
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Pricing strategy in a business
Writuparna Kakati | 04 Apr, 2011 |
In general terms, price is the amount of money needed for purchasing something; in marketing, price is one of the four aspects of marketing mix; in business and economics, price is "the assigned numerical monetary value of a good, service or asset". |
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Building trust to increase online sales
Rituparna Kakati | 29 Mar, 2011 |
Trust is essential for business transactions. In online business, it has always been the biggest challenge to establish one's credibility and build trust. Now a days, anyone can build a website for a few hundred rupees and start some kind of e-business. But to earn the trust of the customers and to succeed in business is not as simple as building a website. You must have establish your credibility in order to earn customers. But how can you do that?...is the biggest question! |
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Are you ready to start your business?
SME Times News Bureau | 29 Mar, 2011 |
The prospect of wealth or job satisfaction led many of us to start in new business everyday. Needless to say, it is exciting as well as full of challenges. Any business involves risk and need careful attention especially at the initial stage. But generally what goes with a business start up is exuberance of enthusiasm which may result in great blunders. |
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Flexi HR policies make working attractive for women
Arpana | 08 Mar, 2011 |
Flexi working hours, childcare facilities at the office, working from home and understanding husbands. Women professionals are moving up the corporate ranks and managing home as well with aplomb, thanks to changing human resource policies and supportive spouses. |
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Familiarising with import export business
Vivien Tierney | 07 Mar, 2011 |
No country can survive without importing and exporting things. The import export business is thus a valuable business instrument that helps nations deal with each other and improve mutual economies. Buying from another country is an import whereas selling to a country is an export transaction. |
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Business leadership skills: setting priorities
Marcy Amaro | 07 Mar, 2011 |
Have you ever wondered why some people seem to always be on top of the world? They are always smiling, their hair is never out of place, they have time for coffee between board meetings, and yet, they are always at the top of the leader boards in their department. How do they do it? |
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The evolution of LED and beyond
Rajeev Singh | 07 Mar, 2011 |
The lighting industry was a witness to the sudden emergence of solid-state light source, which saw its best in the form of light-emitting diode (LED). |
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Beware of hidden costs in your small business
Maryjean Howe | 01 Mar, 2011 |
Obvious costs are usually planned for. However, hidden costs will drain your money and time without your knowledge. These costs in fact are not hidden, but get overlooked when you factor in the major expenses. If you are aware of the hidden costs, you can avoid unpleasant surprises. Besides, small business costs can be reduced to a certain extent by managing the hidden costs. |
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Rate hike - why RBI is wrong again?
Writuparna Kakati | 25 Jan, 2011 |
As expected, the RBI has finally gone for more monetary tightening on Tuesday, raising its short-term lending and borrowing rates by 25 basis points - a move to rein in rising inflation but which could further slow down the nation's sluggish industrial growth, as experts believe. |
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Indian cos will benefit from defence offsets policy
Vivek Lall | 24 Jan, 2011 |
India's rising economic capacity has enabled the funding of its defence modernisation capabilities over the past two decades and as one of the largest global military spenders, the country has the third-largest defence procurement budget in Asia. |
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What's different about small business marketing strategies?
Scott Ewart | 18 Jan, 2011 |
Small business marketing strategies are a breed of their own, and not something that can be easily or effectively spun off of the marketing plans of huge, multi-national corporations. The plans for smaller businesses, and especially home based ventures, are relatively unique to this business type. |
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Building a successful small business
Kendrick Ayers | 18 Jan, 2011 |
Owning and maintaining a very successful small business can have its challenges but if you know what you are doing, everything can really work out great for you. There are many helpful tips that you should learn, if you are the owner of a small business and then by learning about these tips you should have the ability to have a very secure and profitable future. |
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What awaits Indian exporters in 2011?
Writuparna Kakati | 05 Jan, 2011 |
It seemed that as 2010 began, everywhere we looked there was recovery. Indian exporters, after hit hard by the previous year's storm, were looking forward to better times, a lot of which they have really seen later throughout the year. |
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SMEs: New technologies to look for in 2011
Vineet Sood | 30 Dec, 2010 |
Technology is changing the way we do business. 2010 has been a year, where one saw convergence of home and business, due to the devices that people brought into their workplace and the way networking gripped the world of business too. |
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Year of taming the China dragon
Manish Chand | 29 Dec, 2010 |
The Chinese dragon hissed and sweet-talked by turns, but the lumbering Indian elephant surprised many towards the year-end by asserting itself, compelling an aggressive Beijing to discreetly stop stapling visas for visitors from the Indian state of Jammu and Kashmir. |
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Economy revives in 2010 but inflation, reforms sore points
Gyanendra Kumar Keshri | 29 Dec, 2010 |
The year's first three quarters with over 8.5 percent growth marked a revival of the Indian economy in 2010, but the year also ends on a tart note due to high inflation, a virtual status quo on key reforms and allegations of some serious financial scams. |
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Managing employee performance effectively
Ryan Fyfe | 20 Dec, 2010 |
To effectively manage the productivity in an organization, managing employee performance is a necessity. There are performance standards for routine jobs that most employees need to match and if there are incentives for better performance, the healthy competition among employees raises performance levels all round. |
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Value added vs. buyer satisfaction
Eric Mulford | 20 Dec, 2010 |
From a consumer stand point the term "value added" means nothing. It does not give great value to the product itself. The baseline value of the product will have to stand on its own. This definition of what adds value is really a consumer driven thing. |
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Buoyant Indian IT industry rebounds but remains cautious
Fakir Balaji | 19 Dec, 2010 |
Recovering from global tech meltdown, the resilient Indian IT industry returned to high growth during a tumultuous 2010 but is cautiously optimistic about 2011 in view of the economic uncertainty in Europe and the US, which account for 80-85 percent of its export revenue from software services and back office operations. |
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Building a trade wall to offset India-China differences
Manish Chand | 18 Dec, 2010 |
Despite largely negative media perceptions of Chinese Premier Wen Jiabao's just-concluded visit, the Indian government considers the talks a "success" where India got China to address over USD 20 billion trade imbalance and conveyed its core concerns on Kashmir. |
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Good year for exports
SME Times News Bureau | 16 Dec, 2010 |
Smiles returned to the faces of Indian exporters in 2010 after nearly 12 months of pain suffered by them due to recession in advanced economies. |
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How innovative is your organization?
Jan Stringer West | 06 Dec, 2010 |
Innovation can take many forms. An organization develops a new product or service. A new business model offers customers a new brand experience. A new strategic partnership is formed, resulting in new customer segments and new distribution or communication channels. |
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What is your Swot?
Terry H. Hill | 06 Dec, 2010 |
An effective tool that assesses and identifies opportunities and risks is a SWOT analysis. A SWOT analysis is a strategic planning tool used to evaluate the strengths, weaknesses, opportunities, and threats involved in a business venture or project. Once a clear objective has been identified, a SWOT analysis can be highly effective in the pursuit of the objective. |
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Indian economy- the march continues
Ashok Handoo | 29 Nov, 2010 |
The forward march of the Indian economy is continuing on the expected lines. The comfortable indicators promise to drive the economy out of the slowdown it faced in 2008-9, when the growth rate dipped to 6.7 per cent, after experiencing a 9 per cent growth for five consecutive years. |
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Cos look to reap bounty from social media
Madhusree Chatterjee | 25 Nov, 2010 |
Social networking sites are beginning to change the face of business in a digitised India with companies adopting a marketing mix of online campaigns, promotions in print, television as well as road shows to reach out to people. |
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Is there a China-India race in Africa?
Rajiv Bhatia | 15 Nov, 2010 |
Once again Prime Minister Manmohan Singh asserted recently, while answering a journalist, that the world was large enough to accommodate the growth ambitions of both India and China |
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Effective PR for a small business on a budget
Shana Keith | 09 Nov, 2010 |
If yours is like most small businesses, you can't afford the luxury of a PR department, much less a dedicated PR agency or even one employee responsible for external communications and PR. However, this business function is critical as the world of communications continues to expand with new applications, demands and opportunities like social media networks.
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Getting your small business off the ground and running
Kendrick Ayers | 02 Nov, 2010 |
Many people have what they think is a great idea and would love to set up their own small business. The problem many of these people face is how to fund this idea, to get the business off the ground. Unfortunately many of these ideas never come to fruition because of these lack of funds, where in reality there are many avenues people could take to find this initial start-up capital. |
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How to enter a new market?
William King | 02 Nov, 2010 |
Businesses have always dreamed to stretch their market share in their respective industries. For this they have always looked for new ways |
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India's 'Look East' policy has strategic goals
Mahendra Ved | 26 Oct, 2010 |
Prime Minister Manmohan Singh's three-nation visit to Japan, Malaysia and Vietnam marks a reassertion of India's resolve to pursue its "Look East Policy" to achieve its strategic, geo-political and economic goals. |
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Pricing strategy, tactics and decisions
Writuparna Kakati | 24 Sep, 2010 |
Pricing is an extremely important decision in marketing strategy. While pricing, for a firm, is a direct source of revenue, at the same time pricing decisions involve strategic marketing variables to meet competition. Price must cover the costs while leaving some profit but without making customers feel a pinch. |
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Diversify your business
Celesta Lee | 21 Sep, 2010 |
In business, diversification is the equivalent to not put all your eggs in one basket. This is sound advice to many aspects of our lives but |
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The promising Indian exports scene
Ashok Handoo | 20 Sep, 2010 |
When the Commerce Ministry released the country’s Foreign Trade policy document for 2009-14, in August last year it envisaged to reach the export target of $200 billion in 2010-11. |
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The marketing mix for small business marketing
Nate Stockard | 14 Sep, 2010 |
All marketing resources will eventually talk about your marketing mix, but what do they mean exactly? Marketing mix is a term that the marketing world tries to hold as a private term that only the industry knows about, but as a small business owner, you need to understand how to plan and implement your marketing mix. |
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Personal selling - when and how?
Writuparna Kakati | 02 Sep, 2010 |
One of the most ancient techniques of marketing, personal selling was widely used when large scale production was unknown and the market size was limited. But even today, personal selling could an effective tool for companies to target individual prospects more specifically. |
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Battle ahead for govt. in allowing foreign retailers
James Jose | 30 Aug, 2010 |
Foreign investment in multi-brand retail may snowball into another tussle between the Indian government and the opposition in the next few weeks, leaving for Prime Minister Manmohan Singh a nifty balancing act to reconcile the vast differences between the supporters and opponents of the move. |
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Bangalore phobia will only hurt Western economies
Sanjiv Kataria | 27 Aug, 2010 |
The Indian information and communication technology (ICT) industry and Indian software professionals have earned global kudos for exceptional technical prowess, meticulous software development skills and quality processes for over two decades. |
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Plan your export strategy
Emily Ralph | 25 Aug, 2008 |
A number of small business owners fail to plan their export activities in advance. They often tend to enter or invest in a foreign market without screening its potentials or risk factors. |
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Indian designs sparkled at jewellery week
Shilpa Raina | 20 Aug, 2010 |
Unlike apparel fashion weeks where designers take inspiration from the West, designers at the inaugural India International Jewellery Week (IIJW) showcased jewellery that had distinctive features from across India.
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Advantages of direct marketing
Steve Sellwood | 17 Aug, 2010 |
Direct marketing is a marketing tool which comprises activities such as direct mail, telemarketing, mail order, direct response advertising and email marketing. |
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Corporate or business Etiquette
Prof.M.S.Rao | 09 Aug, 2010 |
The research paper focuses on the meaning of business etiquette and what constitutes business etiquette. It elaborately explained about a confident 'Hand shake', 'Dress code', 'Business cards' and 'Handling people' at the work place. It dwelt at length about 'Interview Etiquette', 'Mobile Etiquette', 'Telephone Etiquette', 'Office Etiquette', 'Dining Etiquette', 'Email Etiquette' and 'International Business Etiquette'. |
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Business returning to old world values, the Tata way
Madhusree Chatterjee | 09 Aug, 2010 |
In the footsteps of India's Tata Group - which is hunting for a successor right now - business houses across the globe are resorting to old world values of community service to sustain themselves in the long run, says British business historian Morgen Witzel. |
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Why is international market research so important?
Cindy King | 03 Aug, 2010 |
Market research gives businesses essential information on customers, competitors, and market. Most businesses claim to understand the value of this research because they are using this information to sell their product to their clients. |
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Defining moment expected for corporate mergers, takeovers
Jagannadham Thunuguntla | 19 Jul, 2010 |
There is widespread anticipation regarding possible revision of the threshold limit for mandatory open offers for the purpose of takeovers from current level of 15 percent to 25 percent. If that eventually happens, interesting shareholders' activity can be expected in several listed companies. |
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Does small business marketing need much planning?
Nate Stockard | 13 Jul, 2010 |
Small business marketing is small, as noted by the name, but too many times business owners think that small business marketing is too small for planning, budgets, or strategies. Since small businesses usually have little or no marketing budget and are concentrating on just keeping the doors open, owners, more times than not, neglect their marketing planning. No business should exist without marketing planning and strategies!
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Strategy for sustained growth
Ashok Handoo | 25 Jun, 2010 |
A leading economic think-tank, the Centre for Monitoring Indian Economy (CMIE), has estimated that the Indian economy is set to grow at 9.2 percent in the current financial year. |
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What makes a successful internet advertising campaign?
Derek Rogers | 22 Jun, 2010 |
A successful internet advertising campaign is essential for getting the most out of your online business. In order to accomplish this goal certain elements or conditions must be met. One of the first things is to determine what successful means for you and your business. |
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Vatva Industrial Estate - a success story led by SMEs
Garima Sahai | 08 Jun, 2010 |
While the small and medium enterprise sector in the country has been bowing to numerous infrastructural challenges and reeling under demand slump, particularly in the export front, the Vatva Industrial Estate (VIE) has set an example with an annual turnover of about Rs. 2500 crore and an export of about Rs. 1500 crore. |
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Dropshipping, import & export and global sourcing
Dylan Sun | 17 May, 2010 |
Dropshipping is accepted by the society as a profession and gateway of sorts to import and export if not global sourcing and it is getting feverishly popular by the years. Dropshipping is safer than import/export and instant than affiliate marketing. Be warned, pitfalls in dropshipping, unlike in import/export or global sourcing, are terrible that your business can crash quickly. |
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The elements of targeted global marketing
Terry Detty | 08 May, 2009 |
Global marketing is nothing but marketing done on national and international level and which involves understanding the similarities, dissimilarities and taking advantage of the opportunities to attain the goal. Concentrating on global marketing is as important as concentrating on domestic marketing if a company is aiming to increase sales. |
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Take inspired action for business growth
Loren Fogelman | 04 May, 2010 |
Instead of business growth being a vacuum separated from my personal life, I realized there is an ebb and flow. How I approach challenges, whether personally or professionally, is a similar process. These strategies have helped me continue to grow my business. |
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Monetary policy and inflation
K R Sudhaman | 01 May, 2010 |
In developed countries monetary policy which is unveiled by the central bank periodically is mainly aimed at keeping inflation low. In India as well as many other developing economies central banks have twin objective of controlling inflation and pushing growth. |
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X-Axis: The Indian way of doing business
Arun Kumar | 15 Apr, 2010 |
A uniquely 'Indian way' of doing business, which has fuelled an economy that even in perilous global times remains a dynamo, is essentially based on a simple philosophy - "think in English and act in Indian", say four Wharton professors. |
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Balancing growth with efficiency for medium sized businesses
Satyen Vyas | 01 Apr, 2010 |
CIOs are walking new ground as they seek to improve competitive business advantage in an economic downturn - balancing the pressure to reduce capital expenditures against unprecedented opportunities to increase productivity and stay on the forefront of innovation. |
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Africa is destination next for India Inc
Sushma Ramachandran | 29 Mar, 2010 |
The move by India's top telecom player Bharti Airtel to acquire the African assets of Kuwait's Zain marks the biggest foray of a domestic company into the continent. The landmark deal, estimated at $10.7 billion, raises the level of Indian investments in Africa to $16.7 billion. |
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Marketing planning, a must for SMEs
Writuparna Kakati | 05 Mar, 2010 |
Many small and medium businesses fail to plan their marketing activities efficiently and throw money here and there. And they reap what they sow. In contrast, firms which map out their marketing efforts intelligently can earn more success, reduce marketing costs and increase effectiveness to a significant level. |
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What the new Indo-Saudi strategic partnership aims at
Aroonim Bhuyan | 03 Mar, 2010 |
A new Indo-Saudi strategic partnership set in place during Prime Minister Manmohan Singh's visit to Saudi Arabia Feb 27 - March 1 is set to redefine issues of terrorism, energy security and trade and investment between countries that were once removed not just by geography but history and politics. |
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Budget of fiscal prudence and inflationary push
Sushma Ramachandran | 27 Feb, 2010 |
A budget of fiscal prudence, but with underlying inflationary potential. This sums up Finance Minister Pranab Mukherjee's federal budget for 2010-11 presented in the Lok Sabha Friday -- the fifth for the 74-year-old politician. |
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Mukherjee has room to budget for lower fiscal deficit
Arvind Padmanabhan | 22 Feb, 2010 |
Having opened the purse strings to weather the ills of global slowdown the past two years, Finance Minister Pranab Mukherjee appears set to re-start the process of fiscal consolidation in the national budget for 2010-11 to be presented Friday with the twin objective of pushing inclusive growth and containing prices. |
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Continuous product development
Manish Tanwar | 09 Feb, 2010 |
New product development has always been an essential part of the marketing of a firm. From research on customer preferences to product positioning and segmentation, forecasting and then testing, it has been widely used to have a deeper understanding of methods and use of information about the customer in the design, testing, launch, and management of new products. |
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Marketing framework for a new business
Katrina Sawa | 02 Feb, 2010 |
One thing I've found in my many years of entrepreneurship is that smart marketing is the key to success. I've worked with so many different types of small business owners, entrepreneurs, coaches and consultants from a |
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Food inflation due to government policy delays
Sushma Ramachandran | 25 Jan, 2010 |
Even as food prices continue to rise inexorably at over 16 percent, the government has finally taken steps to curb the spiralling price inflation that has been hurting all sections of society, especially the poorest of the poor. And Agriculture Minister Sharad Pawar is in the eye of a storm over remarks that milk prices may go up as shortages are being reported by several states. |
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India-ASEAN: Trade in goods agreement
P.K. Dash | 20 Jan, 2010 |
In 1991, India announced its 'Look East' Policy with a view to seeking greater engagement with East Asian countries building upon its historical links with these countries. India became a sectoral dialogue partner of the ASEAN in 1992. |
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Stepping into an 'Indian decade' of growth and uplift
Arvind Padmanabhan | 02 Jan, 2010 |
Supported by a foundation of robust growth, India Friday stepped into the next decade of this millennium seeking not just to fulfil the aspirations of its billion-plus citizens but also assume its role as an emerging economy the world today looks at with respect and admiration. |
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Indian MSMEs discouraged in public procurement: Study
Saurabh Gupta | 24 Dec, 2009 |
The Micro, Small & Medium Enterprises (MSMEs) are discouraged in public procurement mainly due to unavailability of financial guarantees, lack of knowledge about tender procedures, new opportunities and large size of contracts, according to a recent research study conducted by Milagrow - IMT Center of Excellence. |
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Gold emerges as a safe haven for investors
Sushma Ramachandran | 16 Dec, 2009 |
With gold prices hitting new highs, the glitter just gets brighter each day. The phenomenal rise in the value of the yellow metal has been a by-product of the global recession as investors, both in India and abroad, are looking for safe products in which to place their funds. |
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5 small businesses marketing tips
Jinger Jarrett | 15 Dec, 2009 |
Starting a small business can be overwhelming if you've never done it before. You need a wide variety of skills for setting up and marketing your new business, especially if you choose to market online. |
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India's high growth offset by rising food inflation
Sushma Ramachandran | 07 Dec, 2009 |
The Indian economy's 7.9 percent growth in the second quarter of this fiscal has taken everyone by surprise, but rising food inflation, which has seen the daily grocery bill shoot up sharply, has dampened some of the euphoria. |
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Getting ready for a tight monetary policy
Ashok Handoo | 20 Nov, 2009 |
The recent statements by the Prime Minister and other leaders, at the national and international fora, about India’s current economic status have one common thread – that the Indian economy is recovering fast and it is time we begin thinking about rewinding the stimulus packages we have been pursuing for the last one year to pump liquidity into the system in view of the global meltdown. |
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Yuan as new global currency? It can bode well for India
Sushma Ramachandran | 16 Nov, 2009 |
The fact that World Bank President Robert Zoellick has said that China's yuan may become the global reserve currency over the next 15 years assumes significance not just for the world but also for India. It has the potential to make Indian goods relatively more competitive as the Chinese currency today is highly controlled. |
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Revival of India's merchandise exports on the horizon
Sushma Ramachandran | 09 Nov, 2009 |
The outlook for India's merchandise exports now looks set to improve over the next few months, giving rise to hopes that a positive growth will finally be recorded by January 2010. The exports data for September clearly shows that the rate of decline has dropped considerably, even as global demand has picked up. |
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Indian enterprises face data loss risk: Study
Fakir Balaji | 05 Nov, 2009 |
Increasing use of IT infrastructure by Indian enterprises to enhance productivity and expand operations in a competitive environment has led to growing security risks such as loss of critical data, a study by the intelligence marketing firm IDC (India) Ltd. has revealed. |
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Creativity is a round process
Lorraine Ball | 04 Nov, 2009 |
In a world of fast change and fierce competition, the ability to find new and innovative solutions is necessary for your survival. Thinking power and creativity are your primary competitive advantages. Unlocking new ideas and multiple possibilities begin with a "Round Process". Research - Originate |
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Best practices for small businesses
Greg Heslin | 30 Oct, 2009 |
Small businesses can often be beaten out by larger competitors simply because they have better practices than small businesses. The good news is that there are a number of practices that can translate to small businesses. These strategies and tactics are some of the best-kept secrets and can make a business much more successful in the long run. |
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With farm output poor, India's recovery projections premature
Sushma Ramachandran | 26 Oct, 2009 |
With the Prime Minister's Economic Advisory Council projecting India's economic growth at 6.2-6.75 percent for the current fiscal, the question arises whether industrial output will rebound sufficiently to make up for the dismal performance of the farm sector. |
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Collecting information on your competitors
Marketing Scoop, LLC | 15 Oct, 2009 |
Collecting information about your competitors makes good business sense. However, you must do so in an ethical and reasonable way. Competitive intelligence from public sources, customers, and third parties can help businesses anticipate market opportunities, trends and competitive strengths and weaknesses. |
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Is recession over for the Indian economy?
Sushma Ramachandran | 29 Sep, 2009 |
Are the clouds of recession lifting over the Indian economy as they seem to be over the rest of the world? That is the big question everyone is asking today, whether they be economic analysts or policymakers in the central government and the financial institutions. |
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Advertising pumps up your business image
Jeff Williams | 18 Sep, 2009 |
We have emphasized in this column the critical importance for the small business marketer to identify and communicate with a very specific audience of customers. This process is known as target marketing and your objective is to aim for the "bulls-eye" every time you spend money on marketing. |
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Uneven growth makes India uncompetitive globally
Sushma Ramachandran | 14 Sep, 2009 |
Is India a good place to do business? The answer seems to be it is excellent in some areas and difficult in others. No wonder the Indian economy has risen in one global index of competitiveness and gone down in another on business climate. |
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New government's economic drive moves, but in fits and starts
Anuradha Shukla and Sanjay Singh | 28 Aug, 2009 |
The first 100 days of the second edition of United Progressive Alliance (UPA) government have had their share of hits and misses in steering the Indian economy, with some ministries able to drive their agenda forward and others yet to draw clear roadmaps, analysts maintain. |
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'Delhi is top solid waste producer'
FICCI Survey | 24 Aug, 2009 |
Delhi is the highest municipal solid waste producer in the country followed by Mumbai, according to a survey by the Federation of Indian Chambers of Commerce and Industry (FICCI). |
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They put a spin on adventure tourism in Kerala
Sanu George | 20 Aug, 2009 |
Nine years after they quit the Indian Navy, two men here are basking in the success of the adventure tourism company they started in Kerala, with their innovative products even fetching them an award this year. |
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Action plan for successful export marketing
Azaz Motiwala |
Export marketing is a serious issue for most growing companies in today's interconnected global economy. Whether to export or not, where to and how to, are the major questions for companies willing to expand their international markets. |
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Foreign Direct Investment in India
Sameer Pushp | 03 Aug, 2009 |
India is the largest democracy and is fourth largest economy (in terms of purchasing power parity) in the world. India with its consistent growth performance and abundant high-skilled manpower provides enormous opportunity for investment |
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Recession-hit IT professional settle for low-paying jobs
Maitreyee Boruah | 25 Jul, 2009 |
Till a few months ago, IT professional T.V. George was earning Rs.70,000 per month, plus perks. But after losing his high-paying job, and being unemployed for three months, George, 31, has started giving tuitions in mathematics and physics to aspiring engineering students in his neighbourhood. |
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Selling off sick PSUs: Were they really family silver?
Sushma Ramachandran | 22 Jul, 2009 |
In the brouhaha over Prime Minister Manmohan Singh's government reviving the public sector divestment process, the old argument about selling the "family silver" has been revived once again. But the problem is much of the so-called "silver" has been tarnished and a large quantity was never silver in the first place. |
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Expectations high as Mukherjee readies for national budget
Sushma Ramachandran | 01 Jul, 2009 |
Finance Minister Pranab Mukherjee faces a tough job July 6 as he rises to present the first budget of the newly-elected United Progressive Alliance (UPA) government, during which he will have to try and keep fiscal deficit under check while meeting the many promises made by the Congress party and its coalition partners during the elections. |
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It is optimism all around
Ashok Handoo | 19 Jun, 2009 |
Finally, the country has managed to record a 6.7 percent growth in financial year 2008-09, despite the global economy still in the throes of a deep recession. |
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International business and India SMEs - an overview
LT. COL. (RETD) Nageshwant Roy Vaid | 16 Jun, 2009 |
During the last few professional decades for international business there has been a diametrically radical mindset shift in focus to not only provide a product but a better product to stated target audience in the world markets. |
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The Basics of Marketing
Jeff Blackwell | 15 Jun, 2009 |
Marketing - A Juggler’s Art. Marketing, in more the one way, is like juggling. This strange analogy will become crystal clear if we take a close look at it. Just like the juggler |
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Benchmarking, an effective management tool for SMEs
Writuparna Kakati | 13 Jun, 2009 |
It was 1970s. Rank Xerox, part of Xerox Corp, was facing difficulties in business. From mid 1960s to the mid 1970s, the profit of the company had rose above 20 per cent. But by the late 1970s, it started losing a significant share of the photocopier market. Some of its Japanese competitors were introducing copiers to the market with very lower prices, and as a result, the company came on the verge of collapse. |
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India's growth data has brightened revival hopes
Sushma Ramachandran | 08 Jun, 2009 |
A new Indian government under Prime Minister Manmohan Singh has taken charge for the second successive term at a time when there appear to be glimmers of light on the horizon for a revival of the economy that had slowed last year after logging an impressive annual growth of nine percent in the preceding three years. |
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India – Tea Capital of World: A health drink of century
Kritika Kamthan | 29 May, 2009 |
The tea industry in India is about 179 years old. India being the largest producer as well as the largest consumer of black tea in the world, tea has become one of the most important commercial crops of the country. The commercial production of tea started in India in the late 1830s, before which, the tea plant was growing wild in the jungles of north east Assam. |
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Vote for development will ensure economy tops government agenda
Sushma Ramachandran | 23 May, 2009 |
With the mandate for the Congress party-led United Progressive Alliance (UPA) clearly in favour of development, economic issues will top the agenda of the new government, as it seeks to meet the high expectations of the poor and homeless and fulfil the aspirations of the masses as quickly as possible.
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Dos & don’ts in doing business with China
FICCI MEDIA DIVISION | 21 May, 2009 |
Is corruption an issue in China? Are Chinese government officials and departments dependable? What about 'side deals' and 'under the table' transactions? The answers to these vital questions would invariably make every businessman worth his salt uneasy while doing business with China. |
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Is easy entry into India Inc. turning talent away from civil & central services?
An ASSOCHAM assessment | 20 May, 2009 |
Current meltdown in economy may have increased students turnout for civil and armed forces, mainly due to security and stability factors through selection process of Union public service Commission (UPSC) but fact also remains that easy availability of good jobs in private sectors is driving people away from civil services, armed forces and other central services. |
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Economic agenda will be more of the same with new govt.
Sushma Ramachandran | 13 May, 2009 |
Even as uncertainty looms large in India over which party or coalition will run the next national government, what has emerged as a given is continuity in the country's economic policies - but for some sensitive areas like lifting the cap on foreign investment and divestment of stake in state-run enterprises. |
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Indian IP laws are the world's most consumer friendly
Frederick Noronha | 09 May, 2009 |
India has been ranked as the country with the world's most consumer friendly intellectual property (IP) laws since its copyright regulations allow citizens great freedom to access and utilise information for educational and development purposes.
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Why B2B SMEs need to segmentize customers
Writuparna Kakati | 05 May, 2009 |
Sales in any business are most frequently generated through business relationships it establishes. As a business owner, the better you can manage these relationships, the more successful you will grab. But to do that, you need to segmentize your customers to understand their needs better. It helps targeting your potential customers with appropriate offers and sell to them more. |
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Action plan for successful export marketing
Azaz Motiwala | 02 May, 2009 |
Export marketing is a serious issue for most growing companies in today's interconnected global economy. Whether to export or not, where to and how to, are the major questions for companies willing to expand their international markets. |
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Corruption in business journalism: A worrying malaise
Sushma Ramachandran | 29 Apr, 2009 |
The startling order of the markets watchdog recently on the Pyramid Saimira stock manipulation case over the alleged involvement of a business journalist from a leading financial daily should make the media sit up and think hard about the issue of corruption.
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How SMEs can increase their online sales
Writuparna Kakati | 25 Apr, 2009 |
Most small and medium businesses (SMEs) which have build a professional online presence through their own websites or registering to a B2B portal (or in any other way) often complain that they have never seen much return on their investment, nor even enough queries. Once bitten they never try again. |
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Go organic, live healthy, live green
Shilpa Raina | 25 Apr, 2009 |
'Organic' is in at a time when there is universal advocacy of eco-friendly products, and the Indian market too is responding with a range of things that promise a greener, healthier life. |
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'Get your software from a cloud, save money'
Madhusree Chatterjee | 23 Apr, 2009 |
As small and medium businesses in India struggle to stay afloat during the global economic slowdown, they are opting for cheaper computing services, and a Boston-based entrepreneur is here to promote his solution, cloud computing, in which software is shared over a wide network of computers. |
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India must have grand strategic design in its foreign policy
Rajiv Sikri | 16 Apr, 2009 |
There is need for new thinking in India's foreign policy. In today's complicated and fast-changing geo-political situation, India has wisely diversified its foreign policy options, but must retain flexibility in order to be able to pursue an independent foreign policy, on which there is an overwhelming national consensus.
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Elections as fiscal stimulus to pump-prime economy
Sushma Ramachandran | 13 Apr, 2009 |
In these times of financial gloom, the process of elections in the world's largest democracy is bringing with it some sort of silver lining for the economy as large sums of money are being spent by political parties and candidates to ensure victory at the hustings. |
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How SMEs can win big corporate orders
Writuparna Kakati | 08 Apr, 2009 |
Does size matter? If you are a small business owner, you may probably ask this question to yourself whenever you lose a big order only because your business is looked upon |
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Use web marketing tools to cut advertising costs
Moonis Rehman | 06 Apr, 2009 |
We are in global recession. Ad sales are at record low. Marketing budgets have declined. What started in November 2007 has affected both the small and big players in the industry. This economic turbulence has lead to lay-offs, no new product launches, cut in promotional budget et al. All of us are eagerly waiting for the markets to recover, but no one knows how long will it take? So, how can we cope with the downturn and adapt to survive such situations? |
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G20 summit: Will it find a cure for the global recession?
Chris Cermak and Andrew McCathie | 27 Mar, 2009 |
The world's big economic powers will hold an emergency summit in London next week amid a deepening sense of despair about the outlook for the world economy and with few signs that major nations have laid aside differences on how to combat the global recession. |
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Ethics in workplace: Link it to business success
Writuparna Kakati | 16 Mar, 2009 |
What is ethics? Ethics refers to well based standards of right and wrong that prescribe what humans should or shouldn't do. Whether to tell the truth or lie, be friendly or unfriendly, whether to be generous or greedy - all these, and all other questions about how people act toward themselves and one another refer to ethics. |
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Corporates can survive bad times without downsizing
Shiv Dhawan | 26 Feb, 2009 |
News of downsizing is bad news for any employee. Though downsizing is a common strategy adopted by organisations to cut costs and keep performance standards high, during the current recession it appears to have become a survival imperative. |
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It is the time for SMEs to go global
Writuparna Kakati | 24 Feb, 2009 |
Do you want to go global? Your business is located in this country, you have invested a lot in people and talent, and you have a competitive advantage in this market. So, why should you go global? |
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Forthcoming vote on account - FIEO wishlist
Interim Budget Special | 12 Feb, 2009 |
In view of the global economic meltdown which has effected the Indian export sector as well, FIEO President A Sakthiel look for the following steps from the Government out of the forthcoming Vote on Account which may provide the much needed support to make the indian export sector competitive and sustainable. |
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E-waste management
Kalpana Palkhiwala | 07 Feb, 2009 |
Electronic waste or E-waste is one of the rapidly growing environmental problems of the World. In India, the electronic waste management assumes greater significance not only due to the generation of our own waste but also dumping of E-waste particularly computer waste from the developed countries. |
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What is a vote-on-account?
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The Indian Constitution says that all revenues received by the Union government and the loans raised by it are to be put into the Consolidated Fund of India. |
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Business strategies for going global
Writuparna Kakati | 19 Jan, 2009 |
So you want to take the plunge and go global with your product or service. How do you begin? In today’s increasingly globalised world, exporting is crucial for a business' growth and competitiveness. Export business is exciting, adventurous, and financially rewarding but at the same it is full of challenges, risks and complexities. |
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India's Sensex ends 2008 with 52-pc annualized loss
James Jose - Yearender | 02 Jan, 2009 |
The dramatic start for Indian equities market in 2008, which saw a key index scale an all-time high, ended in a whimper, with the global economic meltdown pulling the bellwether down by 52 percent - its worst ever performance. |
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Realty check for reality industry in 2008
Yearender - 2008 |
The five-year boom in India’s realty industry came to a crashing halt in 2008, following an acute liquidity crunch, falling sales and rising interest rates.The year, though, started on a positive note. |
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2008: Watershed year for Indian telecom
Yearender - 2008 |
For a country that stood at the bottom of the pyramid in terms of telecom penetration a decade ago, 2008 was a watershed when India’s subscriber base topped 350 million users to make its network the second largest in the world after China, displacing the US. |
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Export prospects and potential for marine products
Rajeev Jain | 18 Dec, 2008 |
The growing population resource imbalances have forced humans to explore the newer avenues to meet their needs. In this connection, people have been looking for sea foods. India with a large area exposed to sea has equally huge potential to reap the benefits be it domestic needs or earning revenue from export. |
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Economic gloom and the silver lining for India
Sushma Ramachandran | 17 Dec, 2008 |
The gloom seems to be overwhelming. After the horror of the Mumbai terror attacks, the news on the economic front has been increasingly dismal. Fortunately, India appears to be better off than many other countries facing the repercussions of the global financial meltdown. |
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Indian economy gets a big push
Ashok Handoo | 15 Dec, 2008 |
The Prime Minister Dr. Manmohan Singh has been at every occasion assuring the people of the country that his Government would resort to all policy measures –fiscal, monetary, exchange rate and public spending - |
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The financial crisis: who will help starving countries?
Vlad Grinkevich | 01 Dec, 2008 |
In recent months, the financial crisis has pushed back the food crisis, which had dominated the headlines for the past 18 months. But falling prices and corporate bankruptcies cannot hide an appalling fact - if not starvation, a shortage of food looms large in the future. |
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Ride the storm in a downturn
Writuparna Kakati | 27 Nov, 2008 |
These are challenging times for businesses. The world economy is in turmoil and its impact is being witnessed in industries worldwide. |
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Recession proof your business, beat the downturn
Writuparna Kakati | 21 Nov, 2008 |
These days, looking out the window is not pleasant. There's such a heavy storm and thunder outside. Bailouts, bankruptcies, equity market volatility, job cuts, cash flow pressure.... the speed of recent movements in the world economy has ebbed the confidence of everyone. |
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Will G20 take us out of the woods?
Andrei Fedyashin | 20 Nov, 2008 |
The Washington summit of the Group of 20 (G20) industrialised and emerging economies last week arrived at a general agreement on how to cooperate in key areas to strengthen economic growth, deal with the financial crisis, and to avoid similar crises in the future. |
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Getting the marketing groove
Megan Tough | 17 Nov, 2008 |
Wouldn’t it be great to have a year where your marketing efforts were streamlined and got the results you were after? None of us want to struggle with marketing, and yet this is the one topic that continues to be highest in the minds |
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Indian Economy can overcome global crisis
S. Sethuraman | 07 Nov, 2008 |
India has taken an array of monetary and fiscal measures, in quick succession, to contain inflationary pressures - with the annual rate already moderating from around 13 per cent in August to 10.72 per cent by the end of October |
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Economy not so bleak, but needs balancing act
Sushma Ramachandran | 04 Nov, 2008 |
The economy seems to be looking up since last week with some positive gains for stock markets and moderation in inflation, giving the Reserve Bank of India (RBI) sufficient confidence to take more steps to infuse liquidity into the system. |
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The discipline of innovation
P. J. Germain | 31 Oct, 2008 |
In the hyper competition for breakthrough solutions, managers worry too much about characteristics and personality: Am I smart enough? Do I have the right temperament? - and not enough about the process. A commitment to the systematic search for imaginative and useful ideas is what successful entrepreneurs share, not some special genius or trait. What is more, entrepreneurship can occur in a business of any size or age because, at heart, it has to do with a certain kind of activity: innovation, the disciplined effort to improve the potential of a business. |
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10 steps when you need help in your business
Martin Haworth | 20 Oct, 2008 |
Sometimes you have to wing it. So, if you take as much care as is practical, you can take a few risks with those who you have to help you. So don't be afraid to give more responsibility to one of your team, especially if they show promise - give them the opportunity, support and your confidence and often they will deliver way beyond what you expect. |
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Manage your inventory effectively: Avoid stock-outs and overstock
Writuparna Kakati | 13 Oct, 2008 |
The twenty-first century business environment is characterized by fierce competition, rampant change and rapid pace. With globalization, the world has changed into a single market - opportunities has been multiplied and global sourcing of materials has become a common trend even in the SME |
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China's 30 years of reform and opening up
Wu Qi | 10 Oct, 2008 |
This autumn was a season of revelry and national pride for the Chinese. Still basking in the glory of spectacular summer Olympics in August, the whole nation had something else to celebrate as its astronaut became the first Chinese to perform a space walk. |
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Youngistan to drive India's economy
Neena Bhandari | 29 Sep, 2008 |
As the Indian young generation of consumers go all out to seek new experiences, modern retail is well on its way to becoming the key driver of the country's economy. |
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The myth of exceeding customer expectations
Paul McCord | 27 Sep, 2008 |
The business world is filled with myths, some of which have become guiding principles for many businesses. One of the most nefarious of these myths is currently all the rage: exceeding the customer's expectations. |
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Go global before globalization gets you
Writuparna Kakati | 23 Sep, 2008 |
In the twenty-first century, the new global economy has changed the world of business in a profound and indelible manner and political landscape - everything has been changed - and business as well. |
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European Union: A promising market for Indian handicraft exporters
Writuparna Kakati | 19 Sep, 2008 |
Often considered as a cottage industry, the Indian handicraft industry has outgrown its image to evolve into one of the major contributor for export and foreign revenue generation. Today, it is the second largest employment-generating sector in the country providing employment to more than six million people. |
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Advertising and marketing - corporate branding
T. J. Madigan | 09 Sep, 2008 |
In the cutthroat world of business, every company is consistently vying for the interest and attention of consumers and constantly looking for ways to expand their market. This is the main reason why advertising and marketing corporate branding is a key factor in the success of any business entity. |
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Textile opportunities in Finland: An export snapshot
Writuparna Kakati | 30 Aug, 2008 |
A few days back, I attended a conference on 'Export opportunities in the Nordic countries' and heard several of the speakers refer to Finland as one of the most successful countries in terms of development and productivity growth over the last couple decades. |
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Are you skilled enough to start exporting
Writuparna Kakati | 27 Aug, 2008 |
Operating an export business is exciting, adventurous, and financially rewarding. At the same time, it is full of challenges and risks. But if you are successfully operating your business in your own country, there is no reason why you could not enter into the challenging but must lucrative world of export business.
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Understanding the importance of marketing
Joe Polish | 26 Aug, 2008 |
There's something that Dan Sullivan taught me, which is his way of looking at tools that you use every day. Think of it as three drawers. Since we're not visually able to draw a picture, picture a three-drawer, little cabinet. The top drawer is labeled "tool belt," and the middle drawer is labeled "tool box," and the third drawer, the bottom drawer, is labeled "tool shed." |
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The curious case of India's oil policy
Sushma Ramachandran | 25 Aug, 2008 |
India's petroleum policies are getting curiouser and curiouser. The latest report on the oil sector by former petroleum secretary B.K. Chaturvedi has proposed a phased raise in oil product prices so that eventually, domestic retail prices are brought on a par with international levels. This is surely an Alice in Wonderland proposal. |
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How to break through your customer’s doubts
Kaye Z. Marks | 23 Aug, 2008 |
Expert marketers and sales people know that product resistance is often part and parcel of selling your products and services. It may be because of a particular concern on the product that’s preventing your prospective customers to buy from you. Or it may also be that they’re hesitant on how effective it can be to their situation. |
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Doha trade talks fail, but developing South wins
Sushma Ramachandran | 08 Aug, 2008 |
Headlines can be misleading! The media stories on the recent trade negotiations at the World Trade Organisation (WTO) in Geneva had banners saying "Talks fail" or "Doha Round Collapses". These gave the impression that calamity had struck the prolonged negotiations among its 153 members. But the ground reality was quite different. The talks did fail, but it also had a great outcome, at least for India and all the other developing countries, given the state of play. |
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Poland's RMG imports: Opportunity for Indian exporters
Writuparna Kakati | 06 Aug, 2008 |
Lying at the geometric centre of Europe, Poland is a beautiful country surrounded by the Baltic Sea on the North and the Carpathian Mountains on the south. In the east, Poland ends at the River Bug while the Rivers Oder and Nysa Luzycka form the western border of the country. |
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Trust vote leads to a feel good factor
Ashok Handoo | 30 Jul, 2008 |
The UPA Govt’s victory in the Parliament on the trust vote has sent a strong message to the country and the world that the Indian economy is destined to move forward, galloping, in the days ahead. |
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Opportunities in the UK textile sector: An export snapshot
Writuparna Kakati | 19 Jul, 2008 |
India has a diverse and rich textile tradition. It is the second largest producer of textile and clothing in the world with its products being exported to over 120 countries. Recent estimates indicate that the country's textile sector will grow faster in the coming years and contribute a lot to the our overall economy. |
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Creating a business image that counts
Barbara Gabogrecan | 15 Jul, 2008 |
Many things can contribute to creating the business image that you want and they should all be considered before you rush into having anything printed to promote your business. |
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Ceramic sector in Bangladesh: opportunities unbound
Writuparna Kakati | 15 Jul, 2008 |
Traditionally known for jute and tea exports, Bangladesh's entry in ceramic export market is not that old. But the rapid growth this industry has witnessed is extraordinary. In fact, a silent revolution has been taking shape in this sector for the last few years contributing a lot to the country's overall development. |
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Cuba - the land of unexplored opportunities
Writuparna Kakati | 10 Jul, 2008 |
When Che Guevara, the Argentine hero of the Cuban revolution visited India as a state guest with some Cuban officials, he expressed his interest in establishing economic relations with India. |
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Exchange rate risk: Prevention the best way for SMEs
SME Times Research Bureau | 03 Jul, 2008 |
Exchange rate risk is simply the risk to which businesses and investors are exposed to because changes in exchange rates may have an adverse effect on them. An exporter is likely to find its sales falling or its gross margin shrinking, or both when an appreciation occurs in its domestic currency. Therefore, fluctuation in exchange rate can impact a business, especially SMEs to a significant extent.
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Internet: connecting people
Esther Kar | 27 Jun, 2008 |
In its short life, Internet has become an agent of revolutionary change and is one of the fastest tools to promote and defend freedom and to facilitate democratic access to information and knowledge. |
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SMEs to suffer most after RBI's key rate hike
Writuparna Kakati | 26 Jun, 2008 |
Finally, the RBI has increased two key policy rates - the repo rate and the CRR. It is not an unexpected move; after the country's inflation rate reached a 13-year high of 11.05%, economists warned that the RBI might increase its key interest rates as the central bank did earlier this month. |
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Indian economy reeling under rising inflation
Writuparna Kakati | 18 Jun, 2008 |
In November 11, 2006 when India's inflation reached 5.29 percent, economists termed it as 'ugly surprise'. Since then it is not so a long time and the nation's inflation has hit a seven-year high of 8.75 percent for the week ended May 31, 2008. The last higher figure was of 8.77 percent for the week ended Feb 10, 2001. |
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Drop shipping: A smart way to do business
Writuparna Kakati | 16 Jun, 2008 |
With the ubiquity and increasing popularity of the Internet technology, online virtual business has opened up a whole new world of opportunity to business entrepreneurs. Parallel to the advancement of this revolutionary technology which has turned the globe into a small village, new business concepts are emerging everyday. |
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Japan- dream destination for Indian jewellery exporters
Rituparna Kakati | 14 Jun, 2008 |
With a rich tradition and continuous legacy of jewellery making, the gems jewellery sector in India has been contributing immensely to the economy of the country. At present, this is one of the fastest growing industries accounting for nearly 20 per cent of total Indian exports. Almost 1.3 million people are engaged directly or indirectly in this field. |
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Auto sales in India: hurdling oil price hike, inflation led higher interest rates
Writuparna Kakati | 12 Jun, 2008 |
While higher oil prices have started causing havoc far beyond the petrol pumps, the figures released by Society of Indian Automobile Manufacturers (SIAM) are certainly going to surprise everyone. According the recent figures released by SIAM, India's automobile industry reported an 8.09 per cent rise in its overall vehicle sales in May, 2008. While the domestic passenger car sales registered a growth of 14.26 per cent total two-wheeler sales were up by 7 per cent in May this year. |
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Risk management tips for SMEs
Writuparna Kakati | 10 Jun, 2008 |
In any business, avoiding risks altogether is impossible. But risks can certainly be minimized by monitoring the exposure of a business to different risks and taking appropriate plan accordingly. |
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Market research - key to success in export business
Writuparna Kakati | 09 Jun, 2008 |
Market research is essential for any business to succeed; and while you are going to explore a totally unknown overseas market, it becomes essential- something without which we can never think of success in export business. |
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Export planning- sail your business smart and easy
Writuparna Kakati | 07 Jun, 2008 |
The world, in these days, is a smaller place; thanks to the way in which technology, globalization and export-import trade have changed our way of life. Today, everything is available everywhere- in shops or by order over the Internet. |
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Sales and promotion in an overseas market
Writuparna Kakati | 04 Jun, 2008 |
Effective sales and promotional activities play an important role in the success of any business. As international trade involves more challenges than doing business at the domestic level, careful planning in this field is essential for success. For any overseas market, you must have through knowledge of the customers you target, their requirements, and how to make them buy your products. In this article, our attempt is to offer you some basic idea about all these things. |
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Skill development - need of the hour
Anand Choudhary | 30 May, 2008 |
The transition towards a global economy based on the acquisition and application of knowledge as the driving force depends extensively on high levels of skills in the labour markets of nations. |
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Opportunities galore in China's gems and jewellery market
Writuparna Kakati | 29 May, 2008 |
In September 2005, India's Gems and Jewelry Export Promotion Council (GJEPC), sent a delegation to China to explore the possibilities in China's jewelry industry. The underlying intent was to look for opportunities, and to determine whether China is a potential market or a threat for Indian gems and jewelry industry. |
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Export textile machinery and components to Bangladesh
Writuparna Kakati | 19 May, 2008 |
A strong believer in trade alliances with its neighbouring countries, Bangladesh offers a range of opportunities for Indian SMEs from various sectors. A few decades back, Bangladesh was under military rule with virtually no private sector to speak of. Despite registering a growth of 57% in the Seventies immediately after Independence, and 29% in the eighties, Bangladesh, under the military rule, offered little business opportunities to Indian exporters . |
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Dip in industrial growth: time to change gears
Sushma Ramachandran | 16 May, 2008 |
It's more bad news for the United Progressive Alliance (UPA) government on the economic front, even as it looks forward to the general election in 2009. Industrial growth has dipped to a six-year-low of three percent in March this year. Coupled with raging inflation |
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The growing retail landscape in India
Anand Choudhary | 14 May, 2008 |
Liberalization of the Indian economy and rationalization of business procedures have already ensured a high economic growth with a rapidly expanding base for the manufacturing and high-end services sectors. |
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Managing supplier in import business
Writuparna Kakati | 14 May, 2008 |
In import business, you may face a number of problems arising from language differences, new payment methods, different paperwork requirements and plethora of rules and regulations. |
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Supply Chain Management -can't do without one
Writuparna Kakati | 13 May, 2008 |
'Supply chain management or SCM' - sounds just like a difficult jargon! But, is it really such a difficult concept? Give a closer look and you may find that SCM is instead something very easy to understand, and, of course, not so difficult a strategy to implement. |
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Ideal communication policy for a small business
Writuparna Kakati | 12 May, 2008 |
Resolving the problem of information flow is one of the most serious barriers of a growing SME. Upwards, downwards or sideways- all types of information flow is necessary in any business to keep the staff and customers motivated and clear about what is expected of them. |
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Manage employees skillfully, multiply your success
Writuparna Kakati | 08 May, 2008 |
In any business, you need to manage employees and their work. Study has revealed that companies that invest properly in employee management and improvement strategies see significant returns. Managing and taking care of employees results in the employees taking better care of the customers, and that is the way a business can take care of itself. |
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Minimal-risk rules in import
Writuparna Kakati | 07 May, 2008 |
As a businessman, you face challenges everyday. From starting your business to promoting your products, from marketing your goods to exploring a new market- challenge is everywhere in the world of business. You cannot help but face them.
In import business, the problems are much more complex, and when things go wrong, solving them can be more difficult and expensive. |
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Dollar rises as Fed cuts borrowing cost
Arun Goyal | 05 May, 2008 |
The dollar rose against the euro and traded near a two-month high versus the yen on speculation the Federal Reserve will signal that it's close to pausing after six interest-rate reductions. |
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Get ready to grab great import opportunities
Writuparna Kakati | 03 May, 2008 |
In import business, it is very important to find products which give your business a competitive edge. The products might be low priced supplies or totally different products from the available in the market, but what is important is to find out the best supplier and to negotiate the right deal. |
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Import business: an overview
Writuparna Kakati | 01 May, 2008 |
Import business refers to bringing in goods or materials from a foreign country for trade or sale. If you are looking for entering into import business, you need to be very careful and consider some practicalities, such as how to get the goods, the legal requirements, financial issues and many more.
In this article, you are going to find some most useful tips about import business. |
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Value Added Tax (VAT): an overview
Writuparna Kakati | 30 Apr, 2008 |
In this age of globalisation, international trade has been expanding at an amazing pace. With this expansion, coincided the global spread of Value Added Tax (VAT). At present, some 140 countries are using VAT as their primary or only consumption tax. |
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Export business strategy - do you have one?
Writuparna Kakati | 29 Apr, 2008 |
Proper planning is the core of any business activity; if you are going to enter into the most competitive world of export, it is, needless to say, an ultimate necessity. Marketing strategy involves selection of a target market, determination of the product price, promotion and distribution policies, marketing plan, and so on without which export business is like a ship without a sail. |
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Writing the ideal business email!
Writuparna Kakati | 28 Apr, 2008 |
Developing effective business emails are significantly different from informal emails. As one knows business people who receive emails want to know the point as quickly as possible. |
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Select the right tactics to attract your customers
Writuparna Kakati | 26 Apr, 2008 |
When developing a marketing strategy for your business, it is probably the toughest part to decide which marketing tactics are to choose from, which will produce the best results. The key to creating a successful marketing strategy lies in the perfect combination of various marketing tools, activities and business decisions. |
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Make the best of the media for your business
Writuparna Kakati | 24 Apr, 2008 |
Your business reputation, profitability, and even existence largely depend upon to what extent the targeted 'public' support your business goals and policies. Through public relations, you can disseminate information about your company and build up, sustain and manage the image you want to project to the public for your company. |
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Be a part of the e-business revolution
Writuparna Kakati | 21 Apr, 2008 |
E-business refers to business done online. A few years ago the Internet was usually though as something not for the common people. But with the changing India, the Internet has become a hub of e-business in these days. E-business is today the up-to-date trend in the world of business, and it is most acclaimed because of some great benefits it offers. |
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Common mistakes when starting a business
Writuparna Kakati | 17 Apr, 2008 |
All business activities come under two broad categories - industry and commerce. When a business produces some goods, it is referred to an 'industry', and when it distributes, it comes under the 'commerce' domain. |
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Different ways to enter into an overseas market
Writuparna Kakati | 14 Apr, 2008 |
In export business, the way you choose to enter into an overseas market plays an important role in determining the success of your business. There are different ways, and which will be appropriate among them depends upon |
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Online advertising - get more for a few rupees less!
Writuparna Kakati | 12 Apr, 2008 |
If you are working on an ad campaign, try going online this time and save few bucks. Online advertising is broad and flexible in its reach and definitely cost-effective....SME Times tells you the advantages of online advertising. |
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For Small and Medium Enterprises, sky is the limit
Writuparna Kakati | 11 Apr, 2008 |
Small and medium enterprises (SMEs), particularly in India, are the backbone of the nation's economy. They constitute the bulk of the industrial base and also contribute significantly to their exports as well as to their Gross Domestic Product (GDP) or Gross National Product (GNP). |
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Service providers, write your own success story!
Writuparna Kakati | 10 Apr, 2008 |
E-commerce has created a new plethora of opportunities, particularly for Small and Medium Enterprises (SMEs) in the service sector. Many firms today have successfully removed two major barriers in trade -- the need to travel for business development and the need to establish global credibility. |
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Good Politics v/s Good Economics
Rahul Katakey | 08 Apr, 2008 |
Held as a part of the CII Northern Region's Annual Regional Meeting, the session on "Convergence of Political Leadership and Economic Think Tank Critical to Leverage Northern Region’s Developmental Potential" included a very profound and lively discussion on the subject, “Good Polity & Sound |
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India in for inflation spiral
Arun Goyal | 08 Apr, 2008 |
India which is Asia's third-biggest economy expanded 9.6 percent in the financial year ended March 2007. The government estimates growth at 8.7 percent in the year, but export expansion slows. |
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Key regulations in India relating to a company and its functioning
Writuparna Kakati | 03 Apr, 2008 |
As an entrepreneur, you should have basic knowledge of the regulatory requirements of the country. It is necessary for the healthy functioning of a business organization. In India, the most important regulation which regulates all the affairs of a company is the Companies Act,1956. |
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Centralised Registration for Service Tax in Place
Arun Goyal | 07 Nov, 2006 |
The Department of Revenue amended the Service Tax Rules 1994 on 3 November 2006 to simplify the procedure for service tax. A system of centralized registration for service taxpayers who provide services from multi-location is now in place. |
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Investment floors and activity definitions to control SEZs released
Arun Goyal | 10 Oct, 2006 |
Faced with the concerted attack on SEZs by the Left, the Commerce Ministry shifted into damage control mode. Commerce Minister Kamal Nath announced that an SEZ will come up only on barren land. The Board of Approvals meeting on 21 September has further said that a multi product SEZ must envisage a minimum investment of Rs 1,000 crores or show net worth of Rs 250 crores. |
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New Bangkok Agreement notified with 464 items
Arun Goyal | 12 Sep, 2006 |
The Department of Revenue notified a long list covering 464 items which are eligible for concessional duty when imported from the four Bangkok Agreement country set consisting of China, Korea, Sri Lanka and Bangladesh on 1 September. |
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Anti dumping slap on Chinese POY
Arun Goyal | 16 Aug, 2006 |
The Department of Revenue notified a stiff anti dumping duty of 48.6 cents per kilo (Rs 21.87 per kilo) on POY (partially oriented polyester yarn) imports from China on 2 August. Our calculations show that this works out to 45.4 percent on the average of CIF price of imports from China in the April-Dec 2005 data released by the DGCIS. |
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Doha Round Suspended Indefinitely
Deferred anti-dumping duty on leather shoes in EU on the anvil
Arun Goyal | 08 Aug, 2006 |
The Doha Round of trade negotiations was put into deep freeze on 24 July, after a meeting of ministers from six key trading nations collapsed over divisions on how to cut farm subsidies and tariffs. Even though Lamy said that some potential compromise numbers were informally floated at the 14-hour long G-6 meeting on 23 July, the divisions on agriculture were so pronounced that industrial tariffs were not even directly addressed. |
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New UCP 600 rules from October 2006
Arun Goyal | 30 May, 2006 |
UCP 600 the successor to the UCP 500 which governs the working of Letters of Credit (Documentary Credit) is likely to be ready for implementation after the final voting in Paris at the ICC Banking Commission meeting on 24-25 October 2006. |
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Gram Udyog Products for 5% Incentive Notified
Arun Goyal | 23 May, 2006 |
The Directorate General of Foreign Trade released the details of Gram Udyog (GU- Village Industry) portion of the VKGUY (Vishesh Krishi and Gram Udyog Yojana - Special Agriculture and Village Industry Scheme). |
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Special CVD restored on cell phones, computer parts
Arun Goyal | 14 Mar, 2006 |
The department of revenue moved swiftly on 06 March to restore the four percent countervailing vat/sales tax duty (known as special cvd in customs parlance) on mobile phones and computer parts by a notification issued on 6 March. |
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Index
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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84.35
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82.60 |
UK Pound
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106.35
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102.90 |
Euro
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92.50
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89.35 |
Japanese
Yen |
55.05 |
53.40 |
As on 12 Oct, 2024 |
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Daily Poll |
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Will the new MSME credit assessment model simplify financing? |
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Commented Stories |
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