Archive for November 10th, 2008
Eight Indian Cities Featured in the MasterCard Worldwide Emerging Markets Index 2008
Mumbai is ranked # 1 in the Financial Services Environment Dimension
New Delhi is ranked # 6 in the Commercial Connectivity Dimension
Bangalore and Hyderabad Emerge as Powerful Outsourcing Hubs
Mumbai, 10th November 2008 – India is the second most represented country, in terms of the number of cities ranked in a new study from MasterCard Worldwide, the [...]
Fitch Takes Sovereign Rating Actions on Emerging Markets
Fitch Ratings-London/New York/HK/Singapore-10 November 2008: Fitch Ratings has today concluded its global review of the sovereign ratings of 17 major investment-grade emerging market economies (EMEs). The ratings of 13 sovereigns are affirmed, four downgraded and the rating Outlooks on 7 revised.
A full list of rating actions and associated rationales are detailed in accompanying separate announcements [...]
Letter from Barack Obama to Prime Minister of India
The following is the text of a letter dated September 23, 2008, from US President-elect (then Democratic Presidential nominee) Barack Obama to Prime Minister Dr Manmohan Singh:
“Dear Prime Minister Singh
I am very pleased that your visit provides us with the opportunity to strengthen the US-India relationship: deepening and broadening the friendship between our countries will [...]