Business Today

Cover story | July 8, 2012

Not all gloom and doom for Indian economy

Not all gloom and doom for Indian economy

Is the economy chugging along or nearly stalled? Depends on how you look at it.

Why India needs to get its act together, quickly

Business Today Editor Chaitanya Kalbag takes a look at options that can turn around the deep pessimism hanging over us and give global investors the feeling that India is still a good place to do business.

'Have to change the negative perception about India'

Commerce and Industry Minister Anand Sharma is now spoken of as a strong contender for the job of India's finance minister if Pranab Mukherjee goes up Raisina Hill to Rashtrapati Bhavan. He met Business Today the day before a trip to Brazil. Excerpts from the interview:

India Inc takes a breather to counter slowdown

With the economic downturn and policy paralysis biting, companies are are being forced to come up with alternative strategies.

How expats see current situation in Indian economy?

A host of expatriates have made India their home since economic liberalisation began in 1991. With growth having slipped, inflation running high and the rupee depreciating sharply, do they share the current gloom that has gripped many locals or take it just as a temporary phase? SPECIAL: Economy on Raazor's Edge

Hope sinks for Sivakasi's matchbox industry

Fireworks units in Sivakasi are feeling the heat of government's policies and a slowing economy.

Agriculture key to reviving Bundelkhand's fortunes

If Bundelkhand has to rise above its poverty, its agricultural woes need to be addressed first.

Slowdown adds to Sangli's drought woes

The turmeric capital of the country is in the grip of a drought and a price crash. But real estate is buoyant.

Money

The world is your oyster

Using online marketplaces, you can sell your products across the globe.

Special

How investing in stock markets can make you rich

Spotting the next Infosys is difficult, but here are some leads on sectors and companies that could sparkle in the near future. Special: How to get rich

Developing a taste for investing in wine

Fine wines and whiskies do not just enrich your evenings. They can also make you rich.

How to profit from investing in art market

Art is a difficult area to invest in, but with the right approach you could hit the jackpot.Full coverage: How to get rich

Diamonds can sparkle as an investment option

They are not just a girl's best friend. As an asset class, diamonds are a relatively new concept for Indians, but its popularity is rising.

Full coverage: How to get rich

Best places to buy land now

People can invest in real estate in multiple ways, but the return on land outperforms all other forms over longer investment periods.

Full coverage: How to get rich

SPECIAL: Unique assets that can make you rich

In this package, we take a look at some unconventional assets - art, land, diamonds, fine wines and whiskies, and some high-growth stocks - that can give great returns but also entail huge risks. Full coverage: How to get rich

Editor's Note

From the Editor: July 8, 2012

I was very proud to read this fortnight's cover package. We decided to travel across India and look at how different states and regions were coping with the downturn.

Book

Billboard Hit

A new book captures the history of India through the Amul girl's eyes.

People

People who made news last fornight

Starring: N. Srinivasan, Swati Piramal, Enase Okonedo, Milind Kamat, Soumitra Dutta

Leadership Spotlight

Leaderspeak with Sunil Dutt

Sunil Dutt, Managing Director, Research In Motion India admires Steve Jobs.

Features

The brains behind unforgettable ads

G. Seetharaman looks at classic advertising campaigns of years past and explores the minds behind them.

Wall Street cleanup takes down Rajat Gupta

Rajat Gupta's speedy conviction makes him the tallest figure to be nailed in the fight to smash insider trading in the US.

How to do a management buyout at 30,000 feet

V Vaidyanathan, vice-chairman & MD of Future Capital Holdings, tells Business Today how the Warburg Pincus deal talks started during his March 7 flight from Delhi to Mumbai.

Event

Companies which excelled at CSR activities

Aaj Tak honours companies which excelled at corporate social responsibility activities.

Teeing off in Dubai

Regional winners have a swinging time at BT-Honda's golf event.

Technology

Remote decontrol

The favoured weapon of the couch potato could be overtaken by technology.

Case Study

How Volvo changed the way Indians travel

In 2001, Volvo Buses India sold 20 coaches. By December 2011, 5,000 of them were running on Indian roads. Volvo did not achieve this by toning down its products or cutting prices as multinational companies often do. It developed the market and waited for it to mature. Volvo now has 76 per cent of the Indian luxury bus market.

Focus

With Lakshmi's blessings

Growth may have slipped and the rupee slid, but The Wealth Report 2012, an annual survey by global property consultancy Knight Frank and Citi Private Bank, suggests this is a temporary glitch.

Review: HTC One V has a pleasing design

A 3D HD video camera and one of the first phones to use android 4.0.

How Karnataka govt is wooing investors

Karnataka is trying to follow in the footsteps of Gujarat in fast-tracking industrial investments and increasing investor confidence. The state's BJP regime is wooing investors by promising early approvals.

Greece exiting Eurozone will impact India

If Greece exits the Eurozone, no economy will emerge unscathed, least of all India's.

On Record/S&P report threatening to downgrade India

It's not a big thing. Investors are not unduly concerned about the warning. This is also because India is not a major borrower in global markets
Rashesh Shah, Chairman, Edelweiss Group, in The Times of India.

'The Indian Market is paying the price of macro mismatches'

Minutes after the People's Bank of China cut its official rate by 25 basis points for the first time since 2008, Jonathan Garner, Chief Asian and Emerging Market Equity Strategist at Morgan Stanley, shared his views on the implications of the euro zone's uncertainties.

How drones function and why are they controversial

Drones are back in the news, with the killing of Abu Yahya al-Libbi - Al Qaeda's No.2 since the death of Osama bin Laden in May last year - in a drone attack in Pakistan's North Waziristan region on June 6. How drones function and why are they controversial:

Chiaroscuro

Roundup: Events of the fortnight

Finance Minister Pranab Mukherjee is all set to occupy the country's highest post.

Smart executive

Don't let a shoddy CV steal that dream job away

Sins of omission and commission in your curriculum vitae could cost you your dream job. Candidates, even at senior levels, often mess up their CV and thus lose out on excellent opportunities. Take a look at some common errors experts find in resumes

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