Wednesday, July 16, 2008

fitch cuts india's credit outlook,cuts in jobs

with the raise in crude oil prices,deteriorating fiscal position of the centre on account of increasing oil and fertiliser subsidy bill has prompted global credit rating agency fitch to downgrade india's credit outlook from stable to negative.(lon term local currency issuer default rating-IDR).

the sennsex also fell down on a flurry of bad news.
job insecurity spreding,with high inflation,global economic slow down.with IT sector,banking and financial services sector too ,is facing a slowdown in times of hiring.

Saturday, July 5, 2008

poverty allevation,remove corruption

recently I watched a program -panel discussion on corruption at loksabha tv. on 3rd july.
evening.the panel members included anuradha jha -executive director,Transparency international,
joginder sharma,former director C.B.I., loksatta convener and police reforms committee chairman.

this topic is interesting to me as I participated in my college debate titled Big Battle.and beat out 24
candidates and entered final .the topic was "should industrialists take on politicians".

some intersting facts-
least corrupt nations -singapore,

most corrupt government dept-police.