In the September release of the Composite Leading Indicators (CLIs) that are designed to anticipate turning points in economic activity relative to trend, the Paris-based Organization for Economic Cooperation and Development (OECD) said India is expected to see “firming growth”. As reported on their Website, the CLIs signal stable growth...
New currency symbol:more than money for India
No longer will international vendors and consumers alike need to distinguish Indian Currency with “INR.” or "Rs". India’s Finance Ministry has reached a verdict on their national search for a currency symbol. The new symbol, which was submitted by D Udaya Kumar of the Indian Institute of Technology Bombay, resembles...
Euro Volatility Compels Move Toward U.S. Markets
Recent volatility in currency exchange rates accompanied with spiraling debt crises in Europe are instigating some fear and worry that a feeling of paranoia may overtake investors. Although the impact may be felt by some U.S.-based companies with outsource partners on the Indian subcontinent, those that spread costs throughout different...