Monday, December 29, 2008
Sunday, December 28, 2008
Employment numbers from Dec 08
The official unemployment rate stands at ~6.5%. However including everyone else the unemployment rate is ~12%.
Saturday, December 20, 2008
Number of Hotel rooms
An old stat which I found interesting while I was researching India tourism .
World Forex Reserves
From latest data by IMF - http://www.imf.org/external/np/sta/cofer/eng/index.htm
At the end of Q2 2008, 63% of all forex reserves are in dollars.
Tuesday, December 16, 2008
Tuesday, December 9, 2008
Online retail sales
Lots of interesting numbers from comscore - http://www.comscore.com/press/release.asp?press=2614
Monday, December 8, 2008
Flight to safety... 3 months T Bills at 0%
The bills were sold at a high discount rate of 0.005 percent - http://www.bloomberg.com/apps/news?pid=20601087&sid=aPOndwHQsnOg&refer=home
Read this again - "The Treasury sold $27 billion in three-month bills at the lowest rate since it starting auctioning the securities in 1929"
Sunday, December 7, 2008
Indian IT/BPO services
Recent talk by president of NASSCOM
http://conference.indicthreads.com/presentations/2008/GN_Industry%20Update_nov_2008.pdf- $64B in total revenues
- >35% of revenue from domestic consumption
- Exports
- BPO accounts for more than 33% of the exports
- Banking/Finance accounts for 40% of exports
- 60% of the exports go to US.
- Export growth rate US 30%, UK 43%, Europe 55%, APAC 36%
- 7 centers account for 95% of the exports. Banglore 36%, NCR 17%, Mumbai/Pune 15%, Chennai - 15%, Hyderabad 14%
- Costs in tier 2/3 cities is 28% of the cost in leading cities.
- 500K technical graduates every year. Population growth in 2007 was 15M.
Friday, December 5, 2008
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