The Expanding Empire Of Jeff Bezos

 With a fortune largely tied to his 78.9 million shares of Amazon, the net worth of Jeff Bezos continues to be on the rise. Just days ago, Amazon shares reached all-time highs after the company’s ambitious acquisition of Whole Foods. This puts Bezos just $4 billion away from displacing Bill Gates as the world’s […]

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Hitler Has a Following in India

All that remains of the sign above the Hitler clothing store in Ahmedabad, India, is the swastika that used to dot its “i.” Citing cultural insensitivity, the municipality tore it down on Oct. 30 after the store’s owners refused to change it. Rajesh Shah, a co-owner of the shop, which opened in August, is flummoxed. “We […]

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Let Grass Roots Decide On Walmart

There is the United States of America and then there is the ‘idea’ of USA that exists in the minds of significant portions of the middle classes all across the globe. How this looks in real life varies slightly according to the region of the world, reflecting specific aspirations and anxieties. In the subcontinent, the […]

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Indians Living Abroad Pumped $66.13 Billion Into The Economy Last Year, Compared With Only $46.84 Billion In FDI

Immigrants play vital roles at 4 out of 10 Silicon Valley start-ups, and a third of those immigrants are Indians. But the US isn’t the only one to gain, according to India‘s Hindustan Times. Last year, Indians living abroad pumped $66.13 billion into the economy, compared with only $46.84 billion in foreign direct investment, the paper said. And […]

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India Clears FDI in Insurance, Pensions in Economy Reboot

Indian Prime Minister Manmohan Singh’s cabinet unveiled a second wave of policy changes intended to bolster a slumping economy as he seeks to restore faith in his leadership and establish a platform for his party less than two years before the next general election. In a move that signaled the Congress party-led government’s intent to push ahead […]

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Singh’s Bold Political Gamble on Opening India’s Economy

Sometimes, raw courage is the only way to break political gridlock. With a flurry of bold executive decisions yesterday on foreign investment — the most extensive policy changes since his government was re-elected in 2009 — Prime Minister Manmohan Singh of India has rediscovered his reformist zeal. India’s consumers, media watchers and flyers will benefit from the Cabinet’s approval of […]

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