Asian Region | SilverScorpio.Com

Research and Markets: Analyzing the Indian Financial Services Industry

June 3, 2010 By vani Leave a Comment

DUBLIN–(Business Wire)–
Research and Markets
(http://www.researchandmarkets.com/research/f06d3a/analyzing_the_indi) has
announced the addition of the “Analyzing the Indian Financial Services Industry”
report to their offering.

The Indian financial services industry is in a process of rapid transformation.
Reforms are continuing as part of the overall structural reforms aimed at
improving the productivity and efficiency of the economy. The role of an
integrated financial infrastructure is to stimulate and sustain economic growth.

Overall, the US$28 billion Indian financial sector has grown at around 15
percent and has displayed stability for the last several years, even when other
markets in the Asian region were facing a crisis, according to Ministry of
External Affairs, Government of India. This stability was ensured through the
resilience that has been built into the system over time. The financial sector
has kept pace with the growing needs of corporate and other borrowers. Banks,
capital market participants and insurers have developed a wide range of products
and services to suit varied customer requirements. The Reserve Bank of India
(RBI) has successfully introduced a regime where interest rates are more in line
with market forces.

Financial institutions have combated the reduction in interest rates and
pressure on their margins by constantly innovating and targeting attractive
consumer segments. Banks and trade financiers have also played an important role
in promoting foreign trade of the country.

Aruvian’s Research report Analyzing the Indian Financial Services Industry is a
complete insight into this complex, competitive and fast paced industry which
holds the potential and promise of one of the highest growing sectors in the
Asian Sub Continent. The report explores the profile of the financial services
industry in the world economy and builds the same basis the trade and investment
flow patterns which give birth to the driving trends of the industry thereby
governing increasing manpower and capital allocation to this sector.

The report analyzes the Indian Financial Sector in detail by breaking the
industry into segments which are active in this realm and the competitive
factors which are boosting the industry growth. This report also draws up a
scenario of studying the conditions prevalent in the pre-reform era and compares
it with the post reforms which have been undertaken in this sector which have
galvanized growth in this important and ethically driven industry.

The report further details India’s trade in financial services industry and
explores the export potential of these services in sectors as banking and
insurance which are the global powerhouses and movers of investment to key
areas. Some of the barriers to India achieving its full potential in these
services are also explained in this report.

The impact of international treaties as the GATS and critical development areas
such as outsourcing and offshoring with reference to India’s position in the
global map is also explained in depth sections in this report.

Further, the report presents a unique analytical section on the Indian Financial
Services Industry by applying the SWOT, PEST & Porters Five Forces Strategy
Analysis to the industry in order to better explain its inner mechanisms at work
which are the basis of this industry and lend a distinct character to it.

The report examines the core thrust of India’s negotiating tactics in the
financial services industry. This research elaborates on certain approaches to
making the Indian Financial Services Industry more competitive through the
required regulatory reforms or looking at possible reduction of governmental
interest in this sector.

The report also profiles the major contributors to the industry and their
relative performances which lead up to the reports section on the future outlook
of the Indian Financial Services Industry.

Key Topics Covered:

A. Executive Summary

B. Profile of Financial Services in the World Economy

C. Introduction to the Indian Financial Services Sector

D. Reforms in the Indian Financial Services Sector

E. India’s Trade in Financial Services

F. GATS & The Indian Financial Services Industry

G. Outsourcing & Offshoring in Financial Services – Where Does India Stand?

H. SWOT Framework Analysis of the Indian Financial Services Industry

I. PEST Framework Analysis

J. Porters Five Forces Strategy Analysis

K. Thrust of India’s Approach to Negotiating Strategy in Financial Services

L. How to Make the Indian Financial Services Sector More Competitive

M. Major Contributors to the Industry

N. Indian Financial Services Industry: Future Perspective

O. Appendix

P. Glossary of Terms

Companies Mentioned:

* HDFC Bank Limited
* ICICI Bank
* Life Insurance Corporation of India
* State Bank of India

For more information visit

http://www.researchandmarkets.com/research/f06d3a/analyzing_the_indi

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Filed Under: International News Tagged With: Asian Region, bank of india, consumer segments, Customer Requirements, Financial Infrastructure, financial institutions, financial sector, financiers, Flow Patterns, government of india, Indi, last several years, market participants, ministry of external affairs, Ministry Of External Affairs Government Of India, Paced Industry, rapid transformation, Reserve Bank of India, resilience, World Economy

Big blow for OneAsia as Korean golfers boycott events

April 30, 2010 By vani Leave a Comment

Singapore, April 28 (IANS) A decision by the South Korean golfers to stay away from the newly set up OneAsia has bolstered the position of the Asian Tour in the region.

The arrival of OneAsia had sent a lot of conflicting signals in golf circles over the control of the sport in Asia.

OneAsia Tour, which had announced a season with around 11 events in the region suffered a body blow with South Korean golfers this week voting to boycott all of its events.

The members of the Korea Professional Golfers’ Association (KPGA) had initially indicated they might boycott events in Korea because of a dispute over the number of spots for local golfers.

But when the meeting took place, the KPGA took a harsher stance and decided to stay away from all events run by OneAsia, some of which are to be held in China and Australia.

According to Korean media, the KPGA announced that the players will boycott every OneAsia event in the Asian region, not just in Korea.

The events in Korea include Maekyung Open and the SK Telecom Open, which were once part of Asian Tour and then seemed to have gone with OneAsia. But latest developments indicate that they will once again go back to being part of the Asian Tour.

Many players are also said to have expressed discontent over OneAsia not being able to creating new events and instead have merely brought in existing events from Asian Tour into their fold. The decision on Korean events’ joining Asian Tour will soon be taken.

Filed Under: International News Tagged With: asia tour, Asian Region, asian tour, Australia, Body Blow, boycott, China, discontent, Golf Circles, Korea, Korean Events, Korean Golfers, Korean Media, Kpga, Oneasia, Professional Golfers Association, signals, Singapore, Sk Telecom Open, Sport

Thai “red shirt” leaders escape arrest

April 17, 2010 By vani Leave a Comment

Thai anti-government protest leaders staged a dramatic escape from police on Friday after the authorities vowed to crack down on “terrorists” ahead of a planned televised address by the prime minister.

One protest leader slid down a rope from a balcony, while others were rescued from riot police by hundreds by “red shirts”, who heavily outnumbered security forces at a Bangkok hotel owned by the family of former premier Thaksin Shinawatra.

The protest leaders later joined thousands of their supporters at the main “red shirt” site in a central Bangkok shopping centre.

For a graphic: http://link.reuters.com/rap67j

Thailand’s financial markets extended losses. Sovereign credit default swap spreads, a measure of the country’s credit quality, widened out and the stock market lost further ground, underperforming the emerging Asian region.

The “red shirts” back Thaksin, who was ousted in a 2006 coup, and want Prime Minister Abhisit Vejjajiva to step down immediately and call early elections, which he has refused to do.

Abhisit had been due to hold his first news conference in four days at 1 p.m. local time (0300GMT) but it was delayed, although no reason was given.

MARCH CALLED OFF

Protesters called off plans to march on television stations that they accused of biased coverage, removing one potential flashpoint with security forces, and hunkered down in their base in a central Bangkok shopping district.

The government, which had previously said it would not directly confront the protesters, stepped up its rhetoric ahead of the botched arrest of red shirt leaders, although there are no troops on the streets of Bangkok.

“We will arrest and suppress the terrorists. We have set up special task forces hunting for the terrorists,” Deputy Prime Minister Suthep Thaugsuban said.

The government warning came after five days of peace in the capital and as the thousands of protesters camped out in Bangkok’s most affluent shopping centre, which they vowed to make a “final battleground” with the security forces.

Violent clashes last Saturday killed 24 people and injured more than 800 in Thailand’s worst political violence since 1992, and potentially damaging a recovery in Southeast Asia’s second-largest economy, especially its lucrative tourist sector.

Finance Minister Korn Chatikavanij told Reuters on Thursday Abhisit would not resign as it would “be very negative for the country”.

The government has also said it would crack down on people it believed to be financing the red shirts and issued summonses under emergency powers for 60 people to report to a military barracks, where Abhisit has set up emergency headquarters.

The escalation in government rhetoric on Friday caused a further selloff in Thai markets.

By 0639 GMT, the Bangkok bourse was down 2.1 percent and has lost almost all its gains this year.

Thailand’s five-year credit default swaps (CDS) , also used to speculate on the country’s credit quality, were trading at 110/115.57 against 105/111 bps on Monday, the last trading day prior to a three-day holiday.

OCCUPANCY RATES PLUNGE

The violent protests have hit Thai tourism, with occupancy rates less than a third of normal levels in Bangkok, according to a tour operator body.

According to a report from investment bank Morgan Stanley, losses to tourism, which accounts for 6 percent of gross domestic product, could clip 0.2 percentage point from economic growth this year.

If the protests, centred on Bangkok’s ritziest shopping area, are prolonged, damage to consumer confidence in the capital could lop off another 0.6 percentage point, the bank said.

The government believes Thailand’s economy could grow 4.5 percent this year, although Korn warned that forecast could prove optimistic.

(Additional reporting by Viparat Jantraprap; Writing by David Chance; Editing by Alan Raybould and Bill Tarrant)

Filed Under: International News Tagged With: Asian Region, Bangkok Hotel, Bangkok Shopping, central bangkok, Credit Default Swap, credit quality, deputy prime minister, first news, Further Ground, Government Warning, protest leader, protest leaders, reuters, riot police, security forces, Shopping Centre, Shopping District, Task Forces, Television Stations, Thaksin Shinawatra

Shell Advance confirmed as title sponsor for Malaysian Motorcycle Grand Prix

September 17, 2009 By admin Leave a Comment

New Delhi, Sept 16 (ANI/Business Wire India): Leading motorcycle lubricant brand and Ducati MotoGP team technical partner Shell Advance has reached an agreement with MotoGP rights holders Dorna Sports S.L, to become title sponsor of the 2009 Shell Advance Malaysian Motorcycle Grand Prix.

The agreement has resulted from an ongoing partnership with Dorna which has already seen a Shell Advance track-side advertising presence at 2009 MotoGP events in Qatar, Italy, Germany and the United States.

Tanmay Jaswal, Global Marketing Manager for Shell Advance said, “We are extremely pleased to announce our title sponsorship of the penultimate round of the 2009 FIM MotoGP World Championship. Shell already enjoys a successful technical partnership with Ducati Corse in MotoGP. The 2009 Shell Advance Malaysian MotoGP provides us with an ideal platform to strengthen our existing MotoGP presence, as we seek to communicate with racing fans and bikers in markets across Asia.”

Shell has been involved in MotoGP competition for six seasons, through its technical partnership with Ducati Corse. Shell provides Ducati with cutting edge lubricants and fuels, and continuously transfers learnings from the racetrack to the road-going version of Shell Advance.

The racing version of Shell Advance helped Ducati Corse to its first ever triple World Championship crown in 2007, and is now vital in protecting the Ducati GP9 machines through MotoGP regulations allowing each rider to use only five engines for the final seven races of the 2009 season.

Shell’s increased investment in the sport will deliver heightened exposure to its Shell Advance premium lubricant product in the key Asian region.

Donald Anderson, Country Head – Lubricants, Shell India Markets Pvt. Ltd. said, “The Malaysian MotoGP is an exciting annual event for the whole of Asia and one that we are very proud to support. It is going to be a great occasion for Shell Advance here in India, allowing us to bring the exciting MotoGP experience closer to our bikers and racing fans. Our technical support to Ducati Corse in Moto GP gives us invaluable feedback to continually improve our Shell Advance range of motorcycle oils for our customers. Our activities surrounding the Malaysian MotoGP will help us to tell that story.”

Dorna Sports S.L. Managing Director Pau Serracanta said, “We are delighted that the leading petroleum company in the world is supporting the MotoGP World Championship as a Grand Prix title sponsor, in addition to the support that they already provide via trackside advertising and their partnership with the official Ducati team. MotoGP has a huge fan base in Malaysia and throughout Asia, so this agreement will give Shell Advance the opportunity to further penetrate this highly important market.”

The 2009 Shell Advance Malaysian Motorcycle Grand Prix will take place at the Sepang circuit, close to Kuala Lumpur, from October 23-25. (ANI)

Filed Under: Business News Tagged With: Asian Region, bikers, corse, donald anderson, global marketing, india markets, India Motorcycle, lubricant, lubricants, marketing manager, motogp, partner shell, pvt ltd, racetrack, Racing Fans, shell advance, technical partner, technical partnership, Title Sponsor, title sponsorship, world championship crown

Oz Deputy PM opens International Centre for Muslim-non-Muslim Understanding

September 2, 2009 By admin Leave a Comment

New Delhi, Sep.2 (ANI): Australia’s Deputy Prime Minister, Ms Julia Gillard, today announced in New Delhi that the International Centre for Muslim and non-Muslim Understanding, located at the University of South Australia, will step up its cooperation with Indian partners.

Inspired by former Australian Prime Minister, Bob Hawke, the new research centre was announced at the University of South Australia (UniSA) in 2008 at a special ceremony attended by the former PM.

The Centre is dedicated to research that seeks to define, understand and transcend the divide between Muslim and non-Muslim cultures and has already attracted $10 million (Rs40 crore) in funding support from the Australian Government and the South Australian State Government.

Australia’s Deputy Prime Minister Julia Gillard said the launch of the Centre in India would help to encourage more of the world’s top researchers and thinkers to engage with its important research agenda.

Ms Gillard said “faith and culture have been paramount in the development of India; one of the world’s largest and most linguistically and culturally diverse democracies. Holding the international launch of the Centre here in Delhi is appropriate because India is a nation that lives with difference on a grand scale and thrives.”

She said “There is expertise here and in many countries across the Asian region that we can learn from. The goal is to build a worldwide community of outstanding scholars with a commitment to understanding and exploring the cultural and sociological factors that influence Muslim and non-Muslim relationships,”

She said the Centre would emphasise international engagement, with an international Advisory Board and a Council of Distinguished Scholars (including Indian representatives). Former Australian PM the Honourable Bob Hawke is an ex-officio member of the board.

UNESCO Chair in Transnational Diasporas and Reconciliation Studies and UniSA Pro Vice Chancellor and Vice President for Education Arts and Social Sciences, Professor Pal Ahluwalia, who is leading the foundation of the Centre, said the research agenda goes far beyond religious differences.

“We also want to build the Centre as a place of engagement, so that the work we do is accessible to governments and societies. This supports a guiding principle of the research Centre – to analyse effective rapprochement between Muslim and non-Muslim communities informed by principles of social justice and reconciliation.”

Ahluwalia said the 10 international PhD scholarships, worth more than Australian dollars 26, 000 (Rs10 lakh) each plus relocation expenses would help to attract some of the brightest minds to the Centre.

“I am hoping to welcome strong applications from India that can build long lasting bilateral research relationships between Australia and India in this vital area.”

Ms Gillard is also Minister for Education, Minister for Employment and Workplace Relations and Minister for Social Inclusion. (ANI)

Filed Under: International News Tagged With: Advisory, agenda, analyse, ANI, area, arts, Asian Region, Australia, Australian Prime Minister, board, Bob Hawke, centre, ceremony, chair, Chancellor, commitment, community, cooperation, Council, crore, culture, Delhi, Deputy Prime, deputy prime minister, Deputy Prime Minister Julia Gillard, Development, Diasporas, difference, distinguished, distinguished scholars, divide, Education, emphasise, employment, engagement, ex officio member, expertise, faith, former, Foundation, funding, Goal, Government, Government Australia, Honourable, important research, inclusion, India, indian partners, Indian Representatives, influence, international, International Advisory Board, International Engagement, justice, lakh, launch, member, Ms Gillard, Ms Julia Gillard, Muslim, Muslim Cultures, Muslim-non, nation, New Delhi, non, Oz Deputy, PhD, place, president, principle, Professor Pal Ahluwalia, rapprochement, reconciliation, Reconciliation Studies, region, relocation, Research, scale, scholars, Sep, social, Sociological Factors, South Australian, South Australian State Government, state, support, today, transcend, Transnational, understanding, UNESCO, Unesco Chair, UniSA, University, University Of South Australia, vice, work, workplace, world, worldwide, Worldwide Community

Global Fund faces 4-billion-dollar budget shortfall next year

April 21, 2009 By admin Leave a Comment

Bangkok – Global Fund – the main multilateral donor for health programs combatting HIV/AIDS, Tuberculosis and Malaria – is facing a 4-billion-dollar budget shortfall next year, the fund’s executive director said Monday.

“We are facing a financial crisis,” Global Fund executive director Michel Kazatchkine said. “We estimate our funding gap in 2010 to be somewhere around 4 billion.”

Kazatchkine said Global Fund had requested 2.7 billion dollars from the US, which normally contributes about 30 per cent of the fund’s budget, but was uncertain of the outcome given the economic crisis among developed nations.

“Times of crisis are times when we should supply more funding, not less,” Kazatchkine told a press conference kicking off the Harm Reduction 2009 conference in Bangkok.

Besides funding programmes fighting HIV/AIDS, Tuberculosis and Malaraia, Global Fund is also the leading multilateral donor worldwide to harm reduction for intravenous drug users such as programmes providing methadone, safe needle exchange and access to anti-retro viral to addicts.

While the Asian region has made progress in providing anti-retro-viral drugs to HIV/AIDS patients, it has shown less success in harm reduction for drug addicts.

In Thailand, often cited as a success story in its fight against HIV/AIDS, some 30 to 40 per cent of the country’s estimated 200,000 intravenous drug users are HIV/AIDS positive, said Pratin Dharmarak, country representative for Population Services International.

“Services for IV drug users has been overlooked,” Pratin said.

Thailand has this year received 100 million dollars from the Global Fund to combat HIV/AIDS, a portion of which will go towards harm reduction programmes for drug users.

But with a budget shortfall expected next year, similar programmes in the region are likely to be cut.

“We are facing challenges in being able to fund the next applications that are coming in what we call Round 9,” Kazatchkine said.

He acknowledged that Myanmar was expected to be one of the countries applying for funding this year.

The Global Fund pulled out of Myanmar in 2006, blaming a lack of access to information on how its money was being spent in the military-dictatorship.

A Global Fund team was sent to Myanmar, also called Burma, last month to help authorities reapply for funding. Myanmar has one of the highest HIV/AIDS rates in the region, and one of the worst public health systems.

“I do hope very much that Burma will apply and will be successful,” Kazatchkine said.

Filed Under: International News Tagged With: access, AIDS, aids patients, Asian Region, Bangkok, billion dollars, budget, budget shortfall, burma, cent, conference, country, country representative, crisis, Developed Nations, Dharmarak, director, Director Michel, Dollar Budget, donor, drug, drug addicts, economic crisis, exchange, executive, fight, fund, funding, gap, Global, Global Fund, harm, Harm Reduction, Health, Health Programs, HIV, hiv aids, information, international, intravenous drug users, lack, Malaraia, malaria, methadone, Michel Kazatchkine, Monday, MONEY, month, Myanmar, needle, Needle Exchange, outcome, population, Population Services, portion, positive, Pratin, press, progress, reduction, region, representative, round, shortfall, story, success, team, Thailand, times, tuberculosis, US, Viral Drugs, worldwide, year

Pak among five least popular countries in world: BBC Poll

March 30, 2009 By admin Leave a Comment

London, Mar. 30 (ANI): According to the annual BBC’s World Service Survey, Pakistan stands among the five least popular countries, which have the most negative influence on world affairs.

Eighteen countries have mainly negative views of Pakistan’s influence, according to the survey conducted after the Mumbai terror attack, widely believed to have been carried out by Pakistani-based guerillas.

Israel, Iran, North Korea and the US were widely seen as exerting the most negative influence on world affairs, The Dawn reports.

Views of the United States remained predominantly negative despite the victory of Barack Obama in the November 2008 presidential elections.

“Though BBC polls have shown that most people around the world are hopeful that Barack Obama will improve US relations with the world, it is clear that his election alone is not enough to turn the tide,” said Steven Kull, director of the University of Maryland’s Program on International Policy Attitudes, which helped conduct the survey.

The survey, which questioned some 13,500 respondents in 21 countries around the world, found that perceptions of Russian and Chinese influence also became considerably more negative during 2008.

Respondents also included citizens from China, Japan, the Philippines, Indonesia, India, and Australia in the greater Asian region. Polling also took place in Egypt, Ghana, and Nigeria.

Respondents were given a list of 15 nations and asked whether they thought those countries exercised a ‘mainly positive’ or ‘mainly negative’ influence on the world. They could also volunteer that they were neutral or didn’t know or care to express a clear opinion.

As in last year’s survey, Germany topped the favorable list, with an average of 61 per cent of respondents describing its influence as ‘mainly positive’ and only 15 per cent who said it was ‘mainly negative’.

At the other end of the scale, the most negatively viewed country was Iran with an average of 55 per cent of respondents describing its influence as mainly negative and 17 per cent as mainly positive. (ANI)

Filed Under: International News Tagged With: (Iran, 2008 presidential elections, ANI, Asian Region, attack, Australia, average, barack, Barack Obama, bbc, Bbc London, Bbc Poll, cent, China, China Japan, Chinese Influence, conduct, Countries Around The World, country, dawn, director, Egypt, Election, end, Germany, Ghana, guerillas, India, Indonesia, influence, international, International Policy Attitudes, Israel, Japan, list, London, mar, maryland, Mumbai, negative influence, Nigeria, North Korea, November, Obama, opinion, Pak, Pakistan, pakistani based, perceptions, Philippines, place, policy, poll, polling, program, Program On International Policy Attitudes, region, respondents, scale, service, Service Survey, Steven Kull, survey, terror, terror attack, tide, United States, University, university of maryland, US, victory, world, world affairs, year

Research and Markets: Analyzing the Indian Financial Services Industry

Big blow for OneAsia as Korean golfers boycott events

Thai “red shirt” leaders escape arrest

Global Fund faces 4-billion-dollar budget shortfall next year

Search More News

Technology News

Ads