How to offset the impact of depreciating rupee



Direct stock investors should go by the thumb rule that exporters gain from rupee’s depreciation while importers take a hit, says Sanjay Kumar Singh.



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Nissan's new COO Ashwani Gupta is a Japanophile



‘I came to Japan with my family on March 11, 2011, when all the expats went back because of fear of the earthquake. I am very fortunate to be so warmly welcomed by the Japanese society and I feel a deep sense of personal and professional integration in the community,’ says Ashwani Gupta.



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India Inc still reeling under the menace of data theft



Around 41 per cent of these companies saw such instances, compared to the global average of 29 per cent. India’s number is higher than other countries such as the United States (26 per cent), the United Kingdom (32 per cent) and Japan (27 per cent). It is also worse than other emerging markets. China had 39 per cent of firms affected by data theft. It was 19 per cent and 16 per cent for Brazil and Russia, respectively.



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Why we should worry about growing economic inequality



‘Attempts to redistribute income from the rich to the poor through progressive taxes may discourage work effort, investment and risk-taking, and the consequent shrinking of the pie may leave the poor worse-off compared to the case of a larger pie but with the same share as before,’ says Pranab Bardhan.



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Slowdown is almost entirely due to salaried persons



‘Unless income grows fast enough to outpace price inflation in services, which are in demand because of urbanisation, the consumption of industrially produced things will begin to slow down,’ says TCA Srinivasa Raghavan.



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