The monsoon is into its sixth week in India, and in most of the key states like Maharashtra and Punjab, the cumulative rainfall levels are far less than 80%. Things might have to dramatically improve in the balance weeks, which looks very bleak as of now. This can add to the food prices problem since […]

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The natural gas production in India is set to double over the next six to twelve months. This is expected to help India reduce the costly crude oil imports in a major way because many industries including power and fertilizer plants use crude oil based fuels currently. With more natural gas available, these plants will […]

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WTO talks are in total breakdown phase, with US directly accusing China and India for not being flexible on the subsidies front. Both China and India have been insisting that the US and the Western world of developed countries cut down their subsidies before they open their market for import of food items from these […]

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Crude oil prices continued to slide for second week in a row, and it was trading at around 123 dollars. The sharp decline of over 23 dollars from the all time high of 147 dollars a few weeks back has come as a big relief to all the oil consuming countries across the globe. With […]

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To be successful, you need to first get into the habit of listening. If you notice great successful and respected people across the globe, the most common quality among them is their excellent listening capabilities. When you listen to others seriously, you have won half the game, since they will get the perception that they […]

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There were low intensity bomb blasts in at least eight places in and around the technology city Bangalore in India two days back. Yesterday , the industrial city of Ahmedabad in Gujarat state in India faced over fifteen bomb blasts. While most of these were said to be of low intensity, the official sources said […]

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Two more small sized banks went bankrupt this week due to the growing mortgage crisis. The US FED officials downplayed the development saying these two banks contributed to only 0.03% of the total business and hence there is no need for panic among investors. The two banks are First national bank of Nevada, and, First […]

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The Indian government lead by the congress party survived the trust vote this week amidst charges from opposition that crores of rupees were offered to Members of Parliament of opposition parties to make them vote against their party whip, or to abstain from voting. This resulted in the party winning the confidence vote by a […]

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With the Iran ambitions on Nuclear energy continuing to be firm, UN may need to brace through to get the same feedback from Iran next week. This may put pressure on US and other western countries to move the UN for tougher sanctions against Iran. This may lead to the crude oil prices moving back […]

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The US mortgage crisis looks to be deepening, with the initial review of the Freddie Mac and Fannie Mae records by the US FED officials indicating that the problem is over 25 billion dollars. More and more skeleton is expected to follow, as the officials look deeper into the records. The final figure of loss […]

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