Companies & Sectors
Emerging markets to see net capital outflow in 27 years
Net capital flows to emerging markets in 2015 will be negative for the first time since 1988, the Institute of International Finance (IIF) said in a report.
 
Among the 30 emerging economies it has surveyed, there will be $540 billion net capital outflows this year, compared to net capital inflows of $32 billion in 2014, Xinhua news agency reported.
 
The net capital outflows would continue at a moderate pace of $306 billion in 2016, on the expectation of the subdued growth prospects for the emerging market economies, as well as the US Federal Reserve's policy tightening, the report said.
 
The institution expected the growth rate of emerging markets to reach only 3.5 percent this year, the lowest since the 2008 global financial crisis, and will moderately rise to 4.2 percent in 2016.
 
The IIF also warned of risks of high-level non-financial corporate debt to gross domestic product ratio in emerging markets.
 
"As monetary policy continues to diverge and the Fed begins lift off, countries with large amounts of corporate debt, especially in US dollar, will face difficulties, with rising prospects for corporate distress, weakening capital investment and growth," said Hung Tran, executive managing director at the IIF.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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COMMENTS

Hemen Parekh

1 year ago

FROM GREED TO GREAT ?

In my blog of 18th Sept , I had estimated BLACK MONEY disclosure of ( may be ) , Rs 40,000 crores , under
Undisclosed Foreign Income and Assets Act - 2015
That would have netted Government , Rs 24,000 Cr by way of tax / penalty
I was way off the mark !
The 3 month opportunity window closed two days back , with a disclosure of Rs 3770 cr , by 638 persons , netting Govt Rs 2262 cr !
Quite like , " Digging the Mountain to find the Mouse "
Now , some knowledgeable persons / organizations have estimated that the amount of BLACK MONEY stashed away domestically , could be close to,
Rs 25 Lakh*Crores !
But then , man-on-the-street guesses that to be Rs 100 Lakh*Crores !
Time and again , that common man have proved the pundits wrong !
I suppose , the common man knew all along that half-hearted amnesty schemes are bound to fail , as in the past
But pundits refuse to learn from their past mistakes !
They refuse to recognize that nowhere in the World , any Government has succeeded at any time to legislate the GREED away !
And fail to understand why NDA government is hesitating to harness the unlimited power of SUN - the almighty SUN OF GREED
By :
* Abolishing Personal Income Tax ( source of the DARKNESS of
CORRUPTION )

* Stop asking any questions as to the " Source " for all cash deposits
made into bank accounts opened under Jan Dhan Yojana

* Levy a Bank Transaction Tax ( BTT ) of 2 % to yield revenue of
Rs 15 lakh*crores , which would be 5 times the loss of revenue due
to abolition of Personal Income Tax

* Encourage deposits made into Jan Dhan bank accounts to be invested in
SOLAR POWER SPV Farms , by direct depositing of income derived (
from sale of electricity to DISCOMs ) into those bank accounts - again
free of Personal Income Tax ( setting in motion, a VIRTUOUS CIRCLE ! )


NDA is planning to harness 100 GW of Solar Power by 2020

If above-mentioned suggestion is implemented , India could harness

1000 GW of Solar Power by 2020 !

Just imagine what that could do to GDP / SELF-EMPLOYMENT / CLIMATE

Let us harness GREED to make INDIA GREAT !

-------------------------------------------------------------------------------------
hemen parekh
02 Oct 2015
B2BmessageBlaster




Smartphone apps becoming New-Age nanny for Indian kids
With technology fast becoming an integral part of people's lives, parenting has also undergone a sea change in the last few years. In nuclear families, parenting apps are helping couples raise their offspring in a much more efficient and secure way.
 
Today there are a number of smartphone apps to make parents' life simple and more organised as far as kids are concerned.
 
For example, the "mycity4kids Family Organiser" app helps parents search for right activities and content related to their kids.
 
Launched in October 2010, "mycity4kids" has become an indispensable mobile platform for several mothers.
 
"The idea for 'mycity4kids' struck me when my kids were six and two, respectively. Like other parents, we also used to dwell on how difficult it is to find appropriate things to do or places to go to where our kids could acquire new skills or just have a fun time," said Vishal Gupta, the co-founder of the app.
 
The USP lies in the app's unique mother-focussed content around which it has built the largest community of parents.
 
"We would like to become the indispensable mobile platform for today's multi-tasking mother by giving her access in one place to everything she needs and can learn from the shared experiences of other parents," explained 40-year-old Gupta who lives in Gurgaon.
 
The app offers highly utilitarian features like a "Family Calendar", to-do lists, upcoming events, kids resources and parenting blogs that parents can access on the go to share their parenting responsibilities actively with others.
 
"Being the first-movers in this category, we had to face many challenges in its initial stages and to create a unique business model," Gupta added.
 
This app is available for both Apple and Android users for downloading.
 
The app currently caters to parents in Ahmedabad, Bengaluru, Chennai, Delhi-NCR, Hyderabad, Jaipur, Kolkata, Mumbai and Pune.
 
Soon, it will expand its reach in other cities. In the last one year, "mycity4kids" website has received 20 million page views by nearly 3.5 million parents.
 
There are some other apps too for parents.
 
For instance, "Family Tracker" helps parents track the whereabouts of their children and keep a tab on their activities inside home or while they play in the neighbourhood park.
 
Considering child safety as a main concern, another app "Northstar" provides a platform for parents and schools which can be used to track the location of school buses.
 
This mobile app is used to keep track of the children's location as they commute between school and home.
 
There are also apps like "Dr. Panda's Hospital" that teach kids how to nurture pets at a young age and help them become sensitive to others.
 
Another app named "10 Monkeys Multiplication" helps children master tables from two to 10 in a fun and engaging way.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
 

 

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Obama blasts US lawmakers after another mass shooting leaves 10 dead

As yet another mass shooting left 10 persons dead and 7 others injured in the United States, a sad and angry President Barack Obama blasted lawmakers for failing to pass tougher gun laws in the face of a powerful gun lobby.

 
Lamenting that mass killings have become "routine" in the US, a grim Obama said Thursday "I hope and pray that I don't have to come out again in my tenure as president to offer my condolences to families under these circumstances." But based on my experience as president, I can't guarantee that," Obama said from White House briefing room hours after Thursday's massacre at Umpqua Community College in Roseburg, Oregon.
 
Just as his remarks on shootings have become routine, so too have the reactions from politicians and opponents of stricter gun regulations, said Obama, who according to a CBS count was making his 15th address after a mass shooting.
 
"Someone will comment and say, 'Obama politicized this issue.' Well, this is something we should politicize," he said. "It is relevant to our common life together, to the body politic."
 
Obama who looks at the failure to pass more stringent gun safety laws is one of the greatest frustrations of his presidency thus far noted many countries had passed gun control laws to prevent new massacres.
 
"We are not the only country on Earth that has people with mental illnesses or want to do harm to other people," Obama said.
 
"We are the only advanced country on Earth that sees these kinds of mass shootings every few months," Obama said, and hammered Congress for even blocking the collection of data on shooting incidents.
 
"This is a political choice that we make, to allow this to happen every few months in America. We collectively are answerable to those families who lose their loved ones."
 
And predicting that it would not be the last time in his presidency that he would have to give such a painful speech, Obama vowed: "Each time this happens, I am going to say we are going to have to do something about it. And we are going to have to change our laws."
 
According to Everytown for Gun Safety, a gun-control group founded by former New York City Mayor Michael Bloomberg, 88 people are killed by gun violence in America each day.
 
Since the December 2012 shooting at Sandy Hook Elementary School in Newtown, Connecticut, there have been at least 142 school shootings in America-an average of nearly one a week, the organization says.
 
Meanwhile, authorities have identified the gunman who was killed in a firefight with police as 26-year-old Chris Harper Mercer, according to CNN.
 
A parent of a student who was in the classroom where the shootings occurred told NBC News that the gunman asked at least "a few" people what religion they were.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
 
 

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