When you are used to double-digit growth rates (ranging from 13 to 50 percent per annum), a growth forecast of 4 to 7 percent definitely comes as a surprise. At Chennai today, Nasscom (the trade body of Indian IT-BPO industry) announced that the industry is estimated to grow by 4..... Read more »
Tags: Growth, Financial Year, Export Corp., Chennai, Morgan Stanley, foreign-exchange, Thomson Reuters Corp., Nasscom Survey, survey, India
For business journalists in India, budget time is excitement time. It's like sports journos covering the Olympics. As a newspaper correspondent, I too had my fill of budget-time excitement. But I often wondered why the government must play with the (fiscal) fate of 1 billion Indians every year.
Till today,..... Read more »
Tags: ESOP, Software Technology, Tax, Indian IT-ITES Industry, Recession, Software, India, Olympic Games, journalist, public sector
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