Almost everybody today seems to be discussing about the US Recessionary trend and its impact on emerging countries, more particularly India.
Economists, Industrialists and the common man on the streets seem to have been horrified by the very thought of recession in India and that too due to US. Decreasing industrial production, inflation, decreasing job opportunities, cost cutting, reducing purchasing power parity, et al are the aspects discussed among them through every possible mode like articles, talks & walks and places like washrooms, canteens, etc.
But to me the reality is very …

India market news is the topic of discussion for every investor nationwide. The global economic downturn since the last quarter of 2008 has been gaining grounds until the Satyam scam. The fourth-biggest software firm – Satyam Computers, ever since its drastic crash and financial wrongdoing revelations, has been in India news and global news headlines affecting the India money market. India has many foreign investors and the economy not being very highly affected despite the global recession, more foreign investors are looking towards India as a safe and secured investment …

Barack Hussein Obama represented his state of Illinois as a junior senator. He was the only African American serving in the US Senate before he was elected president on November 4, 2008. Almost two weeks later, he gave up his US Senate seat.
Education Policy
The National Education Association gave Obama an A rating in 2005, 2006, and 2007.
Elections and Government Policy
Obama has been an advocate of ethics as well as election and campaign finance reform.
Economy Policy
Obama wanted to federally fund rebuilding New Orleans as well as the Gulf Coast communities after …

It is not a surprise; and it has to happen one day when the world’s largest economy is facing the crisis, it is quite normal that the countries dependent on the same will face such kind of impact on their economies too. The crisis signals are there for everybody to watch. Rather, it would have been a surprise when these two developing countries, India and China, which had shown a terrific growth for the past few years, have tried to avoid the slowdown in the growth rate of their respective …