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India lags several nations in per capita income: Govt
The per capita net national income rose by 5.2 percent while wholesale price index based inflation was at 8.9 percent in 2011-12. #Numbers #GDP #Purchasing power parity #per capita income
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Why India shouldn't get high on its 3rd largest economy status
India is also now Asia's second-largest economy, behind China. Still, being ahead of Japan does not necessarily mean India has done supremely well. #HowThisWorks #China #Japan #Gross Domestic Product #World economy #Purchasing power parity
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Qatar ranked world's richest country
The Gulf State topped the list as the world's richest country per capita, thanks to a rebound in oil prices and its massive natural gas reserves. #NewsTracker #United Arab Emirates #Qatar #Purchasing power parity #FORBES INC.
Wire
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Foreign Policy
What Big Macs and the Bronx Can Tell Us About Borders
A working paper by Anthony Landry of the Federal Reserve Bank of Dallas takes a new look at the Economist's famous Big Mac Index, a ranking of countries by purchasing-power parity based on the local price of a McDonald's Big Mac -- an ideal point of comp #Federal Reserve Bank of Dallas #McDonald's #The Economist
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Bangkok Post
Third 'sex-for-fixing' referee jailed
A Lebanese football referee was jailed for six months Tuesday after pleading guilty to accepting free sexual services from a gambling-linked syndicate which offered the bribe as an inducement to rig a match in Singapore. Gary Low, the lawyer for three Le #Singapore #Gary, IN #AFC
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IBN Live
Rupee hits 11-month low at 56.47 per $
Mumbai: The rupee is at 56.47/48 versus its close of 56.38/39 on Thursday after falling to as low as 56.60 in opening deals, its weakest since June 29, 2012. Dealers say the Reserve Bank of India governor's comment on Thursday that inflation still remain #Mumbai #India #Google Inc.




