Land acquisition for expanding cities and industry is one of the most bitterly contentious issues in India, rife with corruption and violent protests.
Yet in some areas it has created pockets of overnight wealth, especially in the outlying regions of the capital, New Delhi,
In March 2008, New York governor Eliot Spitzer – the most effective regulatory adversary of Wall Street since the New Deal –
resigned suddenly from office when it was discovered he had been a regular user of high-end “escort services”. [br]
Nearly 150 years after American railroads brought in thousands of Chinese laborers to build rail lines across the West, China is poised once again to play a role in American rail construction.
But this time, it would be an entirely different role: supplying the technology, equipment and engineers to build high-speed rail lines.[br]
The World Bank has stepped forward in lending to health sector in India. Three projects totaling US$ 662 million, which were held up for more than a year, have now been approved by the Board of Executive Directors of the World Bank. [br]
Non-resident Indian (NRI) deposits play a significant role in bolstering overall banking capital inflows and the capital account surplus. Two types of deposit accounts are available to NRIs to place their money in India with full repatriation facility: [br]
(i) Non-Resident (External) Rupee Account {NR(E)RA} and
The insurance industry in 2010 in India has flourished and is offering more and more options to the citizens of the country. Some of the insurance policy options, requirements for policy coverage, date of commencement of the policy and their adopting organizations are as follows:[br]
Indian citizens aged 55 years (last birthday) and above are eligible (no upper age ceiling).
Pension will be paid during the lifetime of the pensioner.
The Universal Health Insurance scheme is available to groups of 100 or more families. The policy provides for reimbursement of medical expenses up to Rs.30000/- towards hospitalisation floated amongst the members of the family, death cover due to an accident for Rs.25000 to the earning head of the family and compensation due to loss of earning head of the family at Rs.50/- per day upto a maximum of 15 days, after a waiting period of three days, when the earning head of the family is hospitalised.
With the rapid growth of the Indian Insurance industry, in particularly serving a Middle Class that is growing on both size and wealth every year, it is hardly surprisng that Indian insurance companies are growing, and playing an increasingly important role in the nation’s financial services industry.[br]
