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Economy

 

How globalisation creates jobs

 
By Anonymous at Tue, 2006-01-03 09:22 | General | Economy

A V Rajwade on Rediff has an interesting take on how globalisation is actually creating jobs for the developing countries and why we should welcome globalisation with open arms rather than opposing it.

He writes: For doing similar and equally productive work, does the American worker have a God-given right to earn 30 times more than a Chinese worker? For any normal person, other than the Christian right in the US (and, indeed, President Bush himself), which believes that it is God's chosen country, the answer will have to be negative: for a given level of productivity and similar work, the Chinese worker has every right to earn as much as his European or American counterpart.

Read the entire piece here.

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Quota might dampen the new India story.

 
By neeraj at Tue, 2006-01-03 08:56 | Politics | IT | Economy

Continuing in its campaign of populist, pseudo-development and so-called reforms-with-a-human-face measures, the Congress it seems is bent upon imposing quota's in the private sectors.

Flashing the law ministry’s stand that the Centre can extend job quotas to the private sector even without amending the Constitution, the ministry of social justice has started pushing reluctant corporates to act on their own to ward off state intervention.

The point is learnt to have been conveyed by social justice minister Meira Kumar to Infosys chief NR Narayana Murthy and Thermax boss Anu Agha.

IndiaTimes reports.

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India's New Export: Video Games

 
By Anonymous at Wed, 2005-12-28 17:14 | General | Technology | Economy | Entertainment

Emperor Ashoka by the mobile-phone games maker IndiaGames might be the first title by an Indian company to foray into the multi-billion dollar pc gaming market.

The game features goddess kali.: With multiple limbs and each hand wielding a different weapon, the fearsome Indian warrior-goddess Kali is a natural video-game character. And next year, Kali will be coming to game consoles, PCs, and mobile phones around the globe.

BusinessWeek reports on how the Mumbai based IndiaGames is taking shots at the gaming market with its Indian-themed games.

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