Indian stock market rises today – News

The benchmark BSE index fell 2.1 percent for the
week, posting a third weekly decline after emerging markets were hit hard by the U.S. Federal Reserve's signal of a rollback in its monetary stimulus and weak manufacturing data in China.

 
The Nifty should not go below 5,500 in current circumstances until and unless the government remains silent

    The news sent the rupee to a record low, sparking
fears foreign investors would sell domestic assets to avoid
seeing their returns eroded. Overseas funds have been sellers for eight consecutive sessions for a total of 59.5 billion rupees ($995.82 million). 
    Indian shares are expected to remain volatile next week
ahead of the expiry of June derivative contracts on Thursday and investors will continue to monitor global markets.
    "Foreign investors more specifically ETFs are panicking but government measures, pep talk may help shares in the near term

The positive outlook & cashflow for near map australia

nearmap (ASX: NEA) has generated positive cashflow earlier than anticipated, with growth largely driven by a strong response to the company’s new subscription based service.. In late November the company announced the establishment of a paywall on the nearmap.com website to enable better monetisation of its web based PhotoMap content. nearmap’s diverse fleet of planes routinely fly and capture the most recent aerial images. This means you have access to the latest, up-to-date aerial photo imagery available. nearmap is used by thousands of companies, large and small, in a wide range of industries.

Acquired by intellectual property firm Ipernica, the Nearmap product is now core business for the firm who has divested their IP interests and renamed the company to Nearmap.  Originally a free service, at the end of December Nearmap has switched to a paywall, and turned cashflow positive within a month.

More newsInformation Services is pleased to announce that NearMap is now available to UWA staff and students as a subscribed resourceUWA’s subscription to NearMap must be accessed via OneSearch or the catalogue.

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DMS Now an Authorised Reseller of NearMap PhotoMaps

DMS is pleased to announce the signing of a reseller agreement with NearMap which sees them become one of the first suppliers of PhotoMap licences to Local Governments Australia wid

How the Bric Countries are faring + New bank

BRICS FACTS and DATA

Economic data shows that the grouping of Brazil, China, India, Russia and South Africa now account for 25 percent of global GDP and 40 percent of the world's population.

New bank proposed to replace world bank by brics

The proposal of this new bank will be competition to World Bank, the International Monetary Fund  which has its roots in the US. The summit commenced on 26 March at 17:30 GMT. Amongst the important issues being discussed was the creation of the development bank, in follow up from the previous summit. It sought to create an infrastructure-focused bank. The disputes over the bank were in regards to what it would do and how it would provide an equitable return on the initial investment of about US$10bn

The leaders in the 2013 summit , in South Africa will gather to discuss a proposal to challenge World Bank domination with a new “World development bank”

 

The nations  & growth of the BRIC’S

China has become the informal leader of the group. With a GDP of $8.25 trillion in 2012, the IMF
estimates that the Chinese economy will climb by a whopping 8.2 percent in 2013.It remains the globe's most-populated country, with 1.34 billion inhabitants.

Brazil: With a GDP of $2.425 trillion in 2012, Brazil is the world's seventh largest economy. It holds only a modest place in world trade activity, however, and experienced sluggish growth of one percent last year.

Russia: Ranking ninth on the list of the world's biggest economies, Russia accumulated a GDP of $1.953 billion in 2012, boosted mainly by its gas exports, making it the world's eighth largest exporter.

India: Despite its population of 1.24 billion, India remains a smaller player among the world's economies, falling into a 10th place with a GDP worth 1.946 trillion.

South Africa: Smallest of the BRICS economies is South Africa. Placing 41st world exporters, the country has a GDP of $390 billion and a population of 50.5 million.