Archive for December, 2008
India and Latin America: Water Scarcity vs. Abundance
Total Actual Renewable Water Resources (TARWR)
Per capita m3/year
Thought for the day
“I’m beginning to see some improvement”
- Pablo Casals, considered the greatest cellist ever, when asked in his 90s why he was practicing 3 hours a day
Never stop learning
UN Says Latin American & Caribbean Economic Growth to Slow in 2009
Latin American Herald Tribune –
Economic growth in Latin America and the Caribbean will fall next year to 1.9 percent from its estimated level of 4.6 percent for 2008, the U.N. Economic Commission for Latin America and the Caribbean said Thursday
In its Preliminary Balance 2008, Santiago-based ECLAC – however – emphasized that 2008 has been [...]
India’s Surya Roshni to replace traditional bulbs with eco-friendly lamps
The Hindu Business Line :
Surya Roshni Ltd has decided to reduce the production of traditional bulbs in a phased manner and replace it with more eco-friendly lamps due to increasing environmental concerns.
“The European Union has drafted a plan to switch over to low-energy bulbs from high power consuming bulbs by 2011-12, so we too [...]
Green buildings to change India’s skyline by 2010
- The Financial Express
There will be over 1,000 green buildings dotting the Indian skyline by 2010 saving energy. Already 375 buildings are under construction. Indian industry will also be a key player in the $40-billion green building material business in the world. There will be over 50,000 accredited green professionals in the country to make [...]
Mercosur Shares Social Concerns, Diverges on Economy
Politicians, stuck in an industrial era mindset, love to “protect jobs” since that plays well among interest groups like unions, while they completely neglect skill-building, the key to not only citizens being eligible for many jobs in the knowledge era, but also in a position to create jobs as entrepreneurs.
Unlike someone who has been [...]
Avoiding a Financial Collapse, Indian-Style
One of the most outrageous example of lax U.S. lending practices was someone making $14,000 a year approved for a $720,000 mortgage with no down payment!NYTimes.com
“In India, we never had anything close to the subprime loan,” said Chandra Kochhar, the chief financial officer of India’s largest private bank, Icici. (A few days after I spoke [...]
India: Toward High-End Outsourcing
Vivek Wadhwa writing in BusinessWeek
Indian outsourcing industry has entered a new era of growth. Infosys (INFY), Satyam (SAY), HCL, and other IT outsourcing majors that once specialized in lower-value tasks such as application maintenance and business process outsourcing are seeing increasing success in providing outsourced high-value tasks such as total IT outsourcing, R&D, and business [...]
Indian Oil Corp plans to buy sugar mill in Brazil
International Business Times
State-run Indian Oil Corp is planning to buy a sugar mill and set up a refinery in Brazil to produce ethanol, the Indian government said on Monday.
Indian oil firms view investments in Brazil for ethanol production as highly strategic, the country’s junior food, minister, Akhilesh Prasad Singh, told parliament in a written reply [...]
Latin America: Adjusting Plans
Latin Business Chronicle
[P]ost-mortem analysis, [after deleveraging driven by financial crisis] indicates that currencies in Latin America were over-inflated and the 30 percent downturn will likely settle at a 20-25 percent decline, proving to be a healthy correction that brings some much needed competitiveness back to the region’s export industries.
That analysis, however, is appropriately [...]
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