Build your professional network on facebook via our app Go to app
Mridula Joshi Product Development Manager, ONGC
 
Create knowledge [?]
 
(rate this)
For the first time in five years, India’s export growth has turned negative. Exports for October 2008 contracted by 15% on a year-on-year basis. This should not surprise as the OECD economies that account for over 40% of India’s export market have been slowing for months. With the US and EU already entering a phase of recession, India’s export growth had to fall sharply. It must be noted this growth contraction has come after a robust 25%-plus average export growth since 2003. A low-to-negative growth in exports may continue for sometime until consumption revives in the developed economies. A decelerating export growth has implications for India, even though our economy is far more domestic...
Vikas G. Chaudhari  |  Commented  |  3 years ago
Thats it !! one of the Influence of globalization
 
 
Trends: "Global Recession impacts India’s export growth" deleted from your view.
Undo
 
(rate this)
Yes 
2
VS
2
 No
Priyank Tewari  |  Argues in support of  "No"  |  3 years ago
No it does not worry me because for a developing nation you need to be connected all the time, industries need to be running and for to be like that there is huge requirement for power in any form, so when there is a shortage of power and using...
Shikha Malhotra  |  Argues in support of  "Yes"  |  3 years ago
yes using diesel in the power sector worries me mainly because of the carbon dioxide emission that is taking place from it which is in the atmosphere mainly causing the greenhouse effect and leading eventually to global warming cause, so in this...
 support: 
 
 
Debate: "Does Diesel use in power sector worries you??" deleted from your view.
Undo
 
(rate this)
Family-owned cars will bite the dust. People will stop buying cars, and only the super rich will be able to afford cars that run on oil ! Bicycle sales will shoot up, with companies introducing 4-seater cycles for the typical middle-class family ! When oil will no longer be affordable, the auto industry will find newer innovative ways to replace existing fuel-guzzling automobiles. Small cars will be replaced by donkey driven 2-seater carts. Mid sized cars will be replaced by horse-driven 4 seaters. Luxury cars will be replaced by chariots and SUV/multi-purpose vehicles will be replaced by elephants. And most importantly, the traditional “fuel” for cars will be replaced by fodder ! The “fodd...
 
 
Trends: "A New World with : Oil at $1000 a barrel" deleted from your view.
Undo
 
(rate this)
Ever since the price of crude oil started growing there has been talk about the price of oil affecting the share market and your investments. Now if you think about it logically it does sound like it would make an affect. If it costs a company more to run the company because oil prices are changing then it sounds like it would affect the share price. Same goes for the idea that people will be less or more likely top purchase shares in a company that has something to do with oil. So for instance would you invest in a company which sold hose sockets if you were in a draught? However is this theory about crude oil price affecting the share market actually real? The rational behind this theory ...
Shiv Shankar  |  Commented  |  3 years ago
Dear mridula you are right. But i would like to add one more thing to the relation between the price of oil and stock market. As the oil prices increases, the cost of production increases ( as the oil is a major energy source for the industries)....
 
 
Insight: "Price of Oil and Stock Market" deleted from your view.
Undo
Follow me on
TooStep
 
 
Contributions and Connections
 
 
86 Contribution Points
0
0 Expert Badges
[?]
1
Connections
1
Following
1
Followers
[?]