China worry for India, Smart Cities and other stories!

THE ECONOMIC TIMES Sat, Aug 29, 2015 | 11:53 AM IST Weekly Platter Newsletter

'India picking up' is the narrative now: Raghuram Rajan Unlike in 2013, few international investors are talking about exiting India despite turmoil in EMs. Rajan explains why it is different this time. read more Current market fall no longer just a 'correction': Shankar Sharma "Current market situation is a manifestation of problems that have been building since Jan. Nothing has changed structurally since the 2008 crisis", he said. Modi govt announces 98 smart cities; UP gets maximum number at 13 Tamil Nadu has got 12 and Maharashtra 10. Madhya Pradesh will have seven smart cities and Gujarat and Karnataka will have six each.

Editor's Pick How China's tremors could weaken the world's major economies Global investors are fast losing confidence that China's policymakers, seemingly so sure-footed in the past, know how to solve the problem. Indian IT cos may lose out on lucrative outsourcing segment Some global corporates are now bringing back software projects to their own centres, depriving desi IT cos of millions of dollars of business. Railways needs unpopular measures, more revenue: Metro Man "There were high hopes from the Modi govt. But Railways does not seem to be taking off. The required steps have not been taken," says the former DMRC chief. Why India's economy is in a better shape than China China's economy is slowing sharply, creating a risk for the global economy. Its debt is pegged at 282% of GDP by some estimates. And that is just one of its problems.

Most Popular This Week Meet the man who said China is in midst of an unsustainable credit bubble India to face power surplus, 300 million people may not be able to afford Will the real estate bubble burst due to falling sales & rising inventories? I want all my employees to have BMWs: Freshdesk's Girish Mathrubootham Meet the B.Com graduate who has brought Gujarat to a standstill

Story of The Week Sensex may fall by another 1000 points, Nifty by 300; go short on rallies: Experts Indian market managed to stage a smart bounce back on Tuesday, after falling below key support levels in the previous trading session. read more

Money Now, take e-verification route for seamless filing of tax returns The e-verification process introduced by the Income Tax Department this year completes the returns filing process in a jiffy. Should you buy a second home as an investment? Buying a second house should not become a financial burden. One must take this financial decision with some foresight.

Stock Round Up D-Street gains may be short lived, analysts await data ahead of Fed meet Analysts said the rally could be short-lived as investors await key economic data from the US ahead of the crucial Federal Reserve meeting.

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