May 25, 2012, 3:11 amShashi Tharoor is India’s Social Media King, New Survey Says By SRUTHI GOTTIPATIPankaj Nangia/BloombergShashi Tharoor, India’s former minister of state for external affairs, attends the World Economic Forum’s India Economic Summit in New Delhi, in this Nov. 9, 2009 file photo.Indian Twitter users just got judged in a popularity contest.The articulate Shashi Tharoor, a member of India’s lower house of Parliament and a prolific user of Twitter, is the most influential Indian in social media living in India, a newly compiled ranking says. Pinstorm, a search marketing firm based in India, compiled a list of the most influential Indians in social media. It used Klout and PeerIndex, Web sites that rate social media influence, to come up with this ranking.Mr. Tharoor, ... Continue reading →
Adnan Abidi/ReutersPeople walk past a roadside currency exchange vendor in New Delhi, May 22, 2012.Few economic experts in recent months have been as critical of India’s fiscal policy and governance and as bearish about the country’s economic future if reform does not happen as Rajeev Malik, senior economist with CLSA Asia-Pacific Markets, an independent research and brokerage firm.Several recent indicators suggest his bearishness may not have been misplaced. In November of 2011 Mr. Malik warned that India’s currency could fall to 57 rupees to the United States dollar (at the time it was trading at about 52 rupees to the dollar) – on Thursday afternoon, the rupee was trading dangerously close, at 56.2 to the dollar. In December of 2011, he cut India’s economic growth ... Continue reading →
Namas Bhojani for The New York TimesStudents prepare for summer placements at the Indian Institute of Management (IIM), Bangalore, in this November 10, 2008 file photo.Dear Graduates and Post-Graduates,This is your new employer. We are an Indian company, a bank, a consulting firm, a multinational corporation, a public sector utility and everything in between. We are the givers of your paycheck, of the brand name you covet, of the references you will rely on for years to come and of the training that will shape your professional path.Millions of you have recently graduated or will graduate over the next few weeks. Many of you are probably feeling quite proud – you’ve landed your first job, discussions around salaries and job titles are over, and you’re ... Continue reading →
Prashanth Vishwanathan/Bloomberg NewsGasoline drips into a container at a Bharat Petroleum Corporation gas station in New Delhi, May 20, 2012.As the Indian rupee continues to fall in global markets, many respected analysts contend that the weakening currency signals the failure of the economic policies of the Indian government. In an op-ed column last weekend in The Business Standard, a leading business daily in India, Shankar Acharya said: “The real cause of the rupee’s weakness is the relentless deterioration in our economic policies in recent years. A falling rupee is simply a symptom of the underlying disease: unsound economic policies.” Mr. Acharya was part of the team that helped design the original economic reforms of 1991 and is a former chief economic adviser to the Indian ... Continue reading →