IS WHAT ECONOMICS IS, FOR POLITICIANS
The same old dark clouds of a virtual army rule continue to hover over
the ‘Seven Sister’ states because the Armed Forces Special Power Act (AFSPA) of 1958 vintage just refuses to pass into the oblivion. The only sliver lining is that the Prime Minister Manmohan Singh has finally acknowledged to introduce more human provisions in the Act, “giving due regards to the protection of basic human and civil rights.” The proposal promises to curtail the powers enjoyed by the Armed forces, but the moot is, how many of these amendments will eventually be passed by the central government before repealing the Act?
For Complete IIPM Article, Click on IIPM Article
The same old dark clouds of a virtual army rule continue to hover over
the ‘Seven Sister’ states because the Armed Forces Special Power Act (AFSPA) of 1958 vintage just refuses to pass into the oblivion. The only sliver lining is that the Prime Minister Manmohan Singh has finally acknowledged to introduce more human provisions in the Act, “giving due regards to the protection of basic human and civil rights.” The proposal promises to curtail the powers enjoyed by the Armed forces, but the moot is, how many of these amendments will eventually be passed by the central government before repealing the Act?For Complete IIPM Article, Click on IIPM Article
Susan Decker, Yahoo’s Chief Financial Officer and VP (finance & administration) to join its Board of Directors. She will be replacing John Browne, who is retiring from the board after serving as an Intel Director since 1997. During her 14-year career she has worked with Donaldson, Lufk in & Jenrette. Meanwhile the world’s largest chipmaker has announced a rise of 11.25 cents per share in its quarterly dividend, which will be effective from the first quarter of 2007. So far Intel has paid around $8 billion as cash dividend and this year alone its cash dividend will amount to $2.3 billion.
countries in the past four months. Relations between the two countries had turned cold during past five years because of Koizumi’s visits to Shinto shrine where convicted war criminals are honoured. China sees it as lack of remorse for its brutal occupation of much of China during the early 20th century. Though the new prime minister has dropped hints that his policies may not deviate too much from his predecessor, Junichiro Koizumi’s. He wants to build a stronger Japan which distances itself from the post-World War II guilt by amending the Constitution. Japan is in a precarious situation. China is threatening Taiwan. North Korea is testing missiles. It is thus, imperative for Japan to set up its own defence mechanism.
Asset Management (India) Pvt Ltd: “We believe that the growth story of India is intact and a GDP growth of 7-8% is quite achievable.” The Sensex closed the week ended September 22 on 12,236 only, 376 points away from its previous all time high of 12,612. The downturn in May saw the Sensex crash to a low of 8,929, putting an end to its marathon bull run. But things have improved since then and the Sensex has recovered by almost 37% from the lowest point of the May downturn. Definitely, markets are recovering from the mayhem of May and the mood seems to be perfectly set for bulls to stretch the limits once again. Of course, one can never say with any certainty that the upswing in Dalal Street is a durable phenomenon.
The import basket largely comprises of machinery, food products, crude oil, textile products and footwear. Being a member of EU and a Scandinavian country, most of Swedish trade is with other EU and Scandinavian nations, with US, UK, Germany, Netherlands & Denmark being the main trading partners. In the second quarter of 2006, Germany displaced US, becoming the top trading partner of Sweden. In 2005, the Swedish manufacturing sector accounted for 18% of GDP, while the private service sector for 45%. Swedish industry exports almost half of the goods manufactured and portrays a huge breadth in terms of production and international operations.