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Engineering exports rise above 50 per cent y-o-y in Dec 2010
(02/03/11) . India's engineering exports rose to US$ 5.5 billion in December 2010, growing by about 50 per cent on a year-on-year (y-o-y) basis, on the back of increased demand from US and Middle East markets, according to a leading trade body.
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Brazilian unemployment rate is under the one registered by wealth countries
(02/03/11) . For the first time, Brazil shows an unemployment rate that is under of the wealth countries and, at least in the metropolitan areas, under of the global average. Besides that, a young seeking a job will find an opportunity more easily in Brazil than in the big European and American cities.
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Volume of credit in Brazil grows 20.5% in 2010 and ends in a record level
(01/31/11) . The volume of credit in Brazil grew 20,5% last year in comparison to 2009 and ended the year in a record level, equivalent to 46,6% of the country’s GDP, the Central Bank reported this Wednesday.
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Wipro, Toyota investment proposals cleared
(01/31/11) . IT giant Wipro's proposal to expand its activities in the aerospace engineering sector, Toyota Kirloskar's in car manufacturing and fresh proposals from Mahindra Aerospace for setting up aerospace component manufacturing and US-basedTyco Electronics' to manufacture connector cables were all cleared by the state high level clearance committee (SHLCC) headed by Karnataka chief minister B S Yeddyurappa.
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India’s MRO industry to be worth $1.5 billion by 2020
(01/31/11) . India is poised to become the fastest growing market in the world for aircraft maintenance, repair and overhaul (MRO) services over the next decade tripling its worth to $1.5 billion, as airline companies buy more planes to cater for the country’s rapidly growing traffic.
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Foreign investments surprises and finances all the external deficit
(01/28/11) . The foreign direct investments (FDI), that are turned to the manufacturing, surprised to all, included the Central Bank of Brazil, registering a strong growth of 86,7% in 2010, to $ 48,4 billion, according to numbers published this Tuesday (25) by the monetary authority.
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Brazil’s economy will grow up more in 2011
(01/28/11) . The Brazilian economy will be one of the fastest-growing this year. The IMF (International Monetary Fund) prediction is that the generation of wealth in the country raise by 4,5% between January and December of 2011, compared to the 4,3% projected to Latin America.
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TCS is India’s 2nd largest CO.
(01/28/11) . Driven by smart December quarter earnings, IT major Tata Consultancy Services has become the country's second largest firm in terms of market valuation, lagging behind corporate leader Reliance Industries.
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Young Brazilians and Indians are the ones that have the most optimistic vision about their future
(01/28/11) . Greek and Japanese are the most pessimistic about their personal future and about their countries’ evolution. Chinese are the ones that give more importance to “feel free” to have a pleasant life.
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