Indian firms look to diaspora to tide (blog writer) over economic slump

By John Parkr

  In these times of economic slowdown, Indian companies, especially real estate firms, are looking at diaspora in the Middle East for investment.

The government kickstarted a series of investment meets last week in Muscat that had major Indian firms hardselling Indias economic stability to the diaspora.

The Muscat meeting held under the aegis of the overseas Indian affairs ministry on November 12 is the first in over 16 such meetings to be held in the Middle East, UK and US .

These countries account for the bulk of the Indian diaspora. According to Col Harmeet Singh Sethi, head of the Overseas Indian Facilitation Centre (OIFC), the Indian government and business groups will target areas in the Middle East that remain largely ignored but represent big money including Sharjah, Dubai, Abu Dhabi and Bahrain.

According to Sethi, real estate, education and wealth management are key areas where India is looking for investment and support from the diaspora. One of the major obstacles in this area is the bureaucracy and red tapism. We were told that India is rated the 83rd most difficult place to do business in. There were reservations expressed by business people there who are interested in investing in India but we were able to allay their fears to a large extent,’ Sethi said.

The meeting included biggies like DLF, Career Launcher and Kotak Mahindra.

The investor tete-a-tete comes close on the heels of PM Manmohan Singhs trip to Oman where he asked Gulf nations to invest in Indian infrastructure and help the country register 9% growth.

India is now looking at big-ticket investments in areas like infrastructure, healthcare, education, assisted living, wealth management and real estate.

Indians send the highest amount of remittances back home, beating even China. India has now captured one-tenth of global remittance flows with total remittances from overseas Indians growing steadily from $2.1 billion in 1990-1991 to $27.1 billion in 2006-2007.

But investment from the diaspora lags behind. Sources said the ministry of overseas Indian affairs was keen to convert this emotional bond into a financially productive one.

Published on: www.indiarealestateblog.com

John Parker,author of many articles regarding India Real Estate and India Real Estate Buying Selling Tips is a Realestate advisor and giving assistance to the people for indiarealestate and providing information on Real Estate Market in India.

Fashion News Part of Womens Life
By Tom59 Tom59

  How to select your news sharing site?

All of us need to be aware of what is happening around us because information is power. Most of us are so busy and we dont find time for anything else except our work. We go to bed working and wakeup to get back to work and we dont even have time for ourselves. In this rush we can easily get out of touch with this world. To avoid this from happening we need to keep ourselves abreast with the latest happenings of our society. It is also important that we know what is happening in the other parts of the world as well. Some of the regular sources that we can use to get our latest news include newspapers, TV, radio, magazines and lately the internet also has become one of the major sources of information where we can get all the latest news stories. More and more people prefer to use the internet and the worldwide web to get their news because it has many advantages.

One of the major advantages is that we can search for any information and in a matter of seconds we can have access to loads and loads of information on any given area. It is not time specific unlike TV and radio. We can have access to the required information any time of the day or night. There are number of news sharing sites online that publish variety of news stories. We can choose one such website from where we can regularly get all the latest news so that we dont have to waste time everyday searching for a new site. Since we are spending our precious time on going through the news sites, the information presented should be newsworthy.

Here are some tips that will help you choose the right news sharing site:

First of all, the news sharing site that you identify should be a reliable site and it should not just generate news stories that are not true just to attract visitors. Secondly, this news site should update itself regularly so that you get to read the latest news stories. Thirdly, it should publish latest news stories belonging to all possible categories from politics, fashion, lifestyle, sports to celebrity news. All the content presented should be of high standard that will make the reading interesting and easy to understand. It should not charge you any fee for using their services. The news stories should not be limited to local news; it should also publish world news.

If you can find a news sharing site with all the above qualities you must immediately make this as your homepage and also add it to your list of favorites. Javno.com/en is one of the top-class news sharing websites that provides its users with all the latest news including world news. This website is updated several times every day with the latest news items. It also has Video clippings and high quality images pertaining to the news items published making all the news stories interesting.

Tomislav is author of this article on Internet journalism.

Find more information about Multimedia here.

Get Updated On Real Estate By Property News
By Andy09 Andy09

  Get Updated On Real Estate By Property News

With the help of property news, the investors and prospective buyers of real estate can keep themselves updated about the latest real estate market prices and the latest trends.

Property news is getting really popular these days as it is of immense help to investors and buyers of real estate property. It is beneficial to the investors and buyers as it carries all the news pertaining to residential and commercial property. It helps them to keep themselves updated about the latest happenings in the real estate market and feeds them with all the current activities that are going on. Moreover, property news also carries information regarding the latest trends in the market and also about potential complexities of the real estate market.

Property News Can Be A Boon For Novices In The Field

If you are a novice in the field of real estate then property news can be a real boon for you. Property news will aid you understand the complexities of the real estate market in an easy and comprehensive manner. You can review the risks that are involved in the property deals. In fact, the property news also provides you with the most recent market information so that you can easily plan your future investments that pertain to property. With the various updates that it has to provide you with, you can get to know what are the property trends being followed widely in the market.

Details On Property

The best feature of property news is that you can also get details regarding various NRI investments. You can make use of these NRI investments appropriately and thereby progress in your business by making sound and profitable deals with them. This news also provides you the database related to property prices in various regions so that you are aptly informed about the prices of property in different regions.

Property news usually also covers areas like various property articles, newsletters and press releases. These property articles and news help the real estate companies to reach out for their prospective customers in a better way and helps them to make their upcoming property related announcements.

Online Property News

With the advent of the Internet, property news has become far more accessible. It is very easy now to look for property related news online and acquire all the information that is needed in that area. It keeps you updated 24 hours a day and is available any time. In fact, certain websites that offer property news also provide free email alerts and information regarding property. You can also get your queries and doubts related to property investment or any other issue cleared by their team of experts.

The most amazing feature of these sites is that they have the entire listings of the property that is available for all the interested investors and buyers of real estate in different regions. They also have information about the foreclosed homes that are one of the best property investment options if you are a novice in the field. Otherwise too, they account for very wise investments as they are available at cheap prices and can be sold at higher prices after getting some minor changes done in the concerned property.

Andy is author of article written on Seling property & Buying property. For more information, please visit :www.consortestate.com

news journalist

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