US, India IT salary gap to further reduce While the gap is likely to drop by up to 21 per cent in 2008 from the levels seen in 2006, it is still high enough to keep Indias competitive edge as a low-cost market.
Domestic institutions to invest more than FIIs After being in the drivers seat of Indian bourses for the past 4-5 years, the foreign institutional investors may lose their dominance to the domestic counterparts this year in terms of capital inflows into the market.
Energy, PSUs to account for half of IPOs in 2008 Companies belonging to energy and public sector, including a large number of banks, are expected to account for nearly half of the total capital to be raised through share sale on the bourses in 2008.
People look on as smoke emits from a 13-story building in Calcutta, on Sunday. A huge fire that gutted Calcutta's famous Burrabazar market place, the largest wholesale market in eastern India, raged for a second day, destroying the livelihoods of some 7,000 people and sparking fears it could bring down the 13-story building, officials said. AP Photo
There is a proposal to set up a commission for reorganisation of states. Is it desirable to have smaller states? Deccan Herald had invited its readers to comment on the topic. While some of the readers believe that it is good to have smaller states as it would help the government machinery to function effectively, others opine that the division of states would affect the already diminishing national unity and could only add troubles to the country.
