India’s promising economy is obviously one of those that investors are attracted to. According to the director of the International Monetary Fund, India will soon outpace China as the fastest growing economy in the world. Christine Lagarde further pressed on that this could happen within the year.
The director visited India last week and reported that India’s economy is expected to steadily grow at 7.5 percent in the fiscal year 2015-2016 which will begin in April. This figure is up by .3 percent from the current year.
If India hits the expected growth, this will make the country the fastest growing economy in the world surpassing China.
The International Monetary Fund predicted last year that the economy of India would grow by 6.5 percent in 2016. The estimate was raised after a promising Indian gross domestic product. On another note, despite the fast growth in India’s economy, the country’s raw economic power does not come close to that of China’s. The economic output of China last year was reported to be at around $10 trillion while India had roughly $2 trillion. This was according to the data gathered by IMF.
Despite this, Largarde still described India as the “bright spot” when it comes to global economic growth. The conditions in India are perfect to reap the benefits of demographic dividend making it a key factor for global growth.
India’s policy reforms
India’s economic improvement can be attributed to the reforms in policies and improved confidence in the business sector. These provided a boost for the growth of the economy. The current government led by Prime Minister Narendra Modi made India’s economic growth at the top priority for India.
The latest budget reforms revealed the new government’s plan to decrease taxes among business establishments and increase spending on building infrastructures.
The director of IMF said that looking into the future, the economy of India would have doubled its size in 2009. The output of India is also predicted to exceed the outputs of Russia, Indonesia and Brazil put together.
India should be thankful to its young and growing population. The total population of India is estimated to be around 1.25 billion and more than half of the number is of the age 25 and below.
When planning to open a restaurant business, you should have a considerable amount of knowledge about who your target audience will be. As a restaurateur, you would naturally want to serve all types of customers as much as possible, but the reality of all that is you cannot please everyone. If you try to do so, you’ll end up pleasing no one. It is important that you know what type of customers you want to focus on and just stay with that. You cannot capture 100 percent of the market. Just accept that. Instead, you can turn your attention towards the 5 or 10 percent who are keen on eating at your restaurant.
But before you think about target markets, it is also important that you have already chosen a restaurant concept because that would also play a large role in determining who your target audiences are.
Here is an overview of the different market categories of restaurant customers.
- Generation Y. This generation is the current generation. The so-called ‘boomlets’ and ‘millennials’ which would also include the people born from 1980 to 2000. Out of all the generations, Generation Y is considered as the most ethnically diverse and because of that, they have become the primary targets of the food service industry. They are also much larger than Generation X.
- Generation X. This generation would include people who were born from 1965-1980. They have strong familial values, especially with their kids. In order for you to appeal to this group, you must focus on comfort, value and ambience.
- Baby Boomers. Those who were born between 1946 and 1964. They make up the largest population and are a target for family friendly restaurants as well as fine dining restaurants because they are the ones who can afford. If you plan on opening an Indian restaurant Perth, then you should focus on this market.
- Empty Nesters. These are the people who are in their early 50s to 64. They have the highest income per capita and are often seen in upscale restaurants.
- They are aged 66 and above and are mostly seen in family friendly restaurants.
Contrary to what most homeowners think, there are various home improvement options that can be done while staying inside the very tight household budget. Many of these are quite simple and easy yet will add an impact and scream change inside the house.
First on the list is paint. A fresh coat will not only make your room look good as new but it will add a new look if you choose a different color than the last one. The impact will be much greater compared to the money one will spend on a few can. One can even order pizza while at it.
Second option is to improve the lighting inside the house. Homeowners can either replace all the cheap bulbs for better functioning ones or improve the light fixtures into something fancier. Either way will guarantee that people inside the household will be able to work better with a well lighted living area. One can also opt for table lamps to add more lighting in every rooms of the house.
Third is a combination of throw rug and accent cushions that can be strategically placed inside the living room. This is ideal for people with kids who have done a great job of staining the whole area. The throw rug will add something new to the floor area while the accent cushions can be used as a cover up for any remarkable stains that might be quite noticeable on the sofa. Choosing the right colors are important.
If you are looking for home improvements ideas in Perth and you have a garden that is not as tended as your neighbors, it is high time that you buy something new to make it more inviting for someone who passes by it every day. A number of potted plants that can be placed along the walkway as well as on the porch are a good addition. If you have more time than usual or wanted to take gardening for a long time, planting and tending the garden is the best way to beautify it. Plants are not that expensive but one should have a budget as well as a plan before starting out the garden project.
After the completion of the construction of a massive building that will house an indoor stadium, the next that is being undertaken is the required interior infrastructure. The indoor stadium has a plinth area of 3,600 square meters with 1,500-capacity gallery, a series of long-shadow lights all around, adequate restrooms for all the players, an office room and room that is designed for coaches.
The indoor stadium is expected to cost an estimated Rs.15crore with state-of-the-art facilities for various events that include badminton, ball badminton, table tennis, gymnasium and physiotherapy unit. The design was made by Indian Institute of Technology that has made sure that the stadium is at par with international standards.
The indoor stadium was started in 2007 but the work only gained momentum 2 years ago because of a new proposal for the construction of an open stadium outside the indoor stadium for an estimated of Rs.8.95crore. The outdoor stadium will have a 400-meter track, a gallery for 3,000 persons, a hockey court, basketball court, football court and volleyball court.
One aspect of the indoor stadium that is being given attention is the flooring. According to officials if the quality of wood used for flooring is compromised it can lead to knee pain among the athletes. This is the reason why they imported Maplewood from California to be used in the 3,000 square meters flooring. Logs of wood will be fitted into rows and columns before they are nailed together to prevent any knee injuries.
In order to ensure an interrupted power supply particularly when there are games, a transformer and generator will be set up as standby arrangement. A false ceiling is another feature as an aesthetic element of the building. If you have never heard of false ceilings, they are also called suspended ceilings or dropped ceilings that are hung below the main ceiling as a secondary structure. Suspended ceilings have become a trend in modern architecture and design of buildings because they can hide elements of a building infrastructure like pipes, wires and ductwork. Suspended ceilings from Crisp Contracts Ltd. are generally preferred because they make repairs and maintenance easier and more convenient.
It is important for every business entity that its brand gets noticed by its target market. So how do you make sure that your brand will grab the attention of your potential clients? Here are some ways:
- Custom shipping boxes. Making custom boxes will surely elevate your product’s appeal. From a simple single color designs crafted on regular cardboard upgrade it to a more premium grade printing on the entire box which can give your package a look which will allow the customer to identify it immediately. The best part of this is that you can just fully customize the look of it online and then get a quote instantaneously without having to wait. For greater variety and to take advantage of wholesale discounts, you can look for quality but cheap providers online.
- Custom shipping bags. If you want to add a bit more of sophistication to your products then uses some custom shipping bags. You can totally ship your product in the style that you want whether that is from a simple merchandise bag to a high-end fabric or gourmet bag. You can also complete the look with ribbons, bows, crinkle cut fillers and others. Choose those products which are also eco friendly. You can look for companies online to help you in your creative design and also seek the advice from friends who are high in spatial intelligence.
- Shipping peanuts. If you want to go eco-friendly then the best material for you is the biodegradable shipping peanuts. These are fully non-toxic and are static resistant at the same time. The shipping peanuts are also safe around pets and kids and are likewise sustainable. They are made with corn starch and are designed to stack up even with their toughest conventional competitor the polystyrene. They provide improved cushioning against impacts and stacking when the products are in shipment. What is even more desirable is that they dissolve instantly in water and hence would not harm your pipes and they can also be used in your compost.
These shipping supplies when used efficiently will make an impact to your customers.
According to the latest figures from IMRG Capgemini e-Retail Index Show, in the United Kingdom online retail growth has returned to its double digit growth in September. If you will compare the same period last year, online retail enjoyed a 12% increase. The Index has also grown by 10% in the last quarter of 2015.As the online retail sector prepares for the holiday season, the year-to-date growth remains at 10%.
The biggest growth in the online retail sector was registered in the home sector department where there was an increase of 47% year-on-year. After a disappointing 2015, the electronic sector saw a spike of 6.4% in September mainly due to the release of iPhone6. A Summer Bank Holiday that fell in the first week on September boosted September performance and helped the Index grow by 8%. However, growth is still lower than what was expected.
Another reason for growth in the retail growth is the Indian summer that swept many parts of the country. Parents had to buy back-to-school clothing which apparently helped the clothing sector to gain a 12% year-on-year growth. Sales made through mobile devices whether the smartphone or the tablet computer saw an annual increase of 41% in September. Year-to-date growth was 43% for 2015 compared to 46% for the same period last year.
While it is reassuring to see the Index return to its double digit growth, it is not as strong as the sector would have liked. Retailers are actually expecting a better performance with Rugby World Cup, the warm weather and the Bank Holiday. Christmas is fast approaching and Black Friday is just around the corner. It would be rather interesting to watch British shoppers intentionally hold back on the heavy discounting that the season brings.
Customers can easily access your store 24/7 from the comfort of their living rooms or offices if you have a website. You can visit Perth Web Design so that you can easily gain online presence. Online presence is crucial to generate more sales from the visitors of your site. The more professional your site, the more leads and conversions can be made.
In Thailand, doctors took out a diamond from a Chinese woman’s stomach after she allegedly swallowed it with the hope of a successful smuggling. She is now out of the hospital after the successful procedure.
She will have to explain herself in court on Monday. According to police, the 39-year-old woman swapped a diamond worth $278,000 with a counterfeit gem during an ornament fair in North Bangkok.
After the theft, she attempted to escape the country unnoticed by swallowing the gem. Her attempt to flee failed because agents arrested her in Suvarnabhumi Airport in Bangkok. X-ray revealed the gem stocked in her stomach as she tried to get across the airport. She had a 33-year old Chinese man companion who was also apprehended.
Authorities tried laxatives to dislodge the diamond but to no avail so they had to call a doctor to take out the gem. Police Colonel Mana Tienmuangpak said she was doing well so she was discharged from the hospital. Police colonel added that the alleged smuggler would be brought to the Provincial Court of Nonthaburi. She will have to decide on court if she wants to return to custody while authorities carry on with the investigation.
The spokeswoman of Police General Hospital, Police Lieutenant Colonel Anchulee Theerawongpaisal, reported that surgeons removed the diamond from her lower colon using a colonoscope and other instruments. The procedure lasted for 12 minutes, it was a usual medical procedure only this time a $278,000 worth gem was involved, she added.
This was not the first time for thieves who extremely want to escape capture to ingest gems. Offenders do desperate measures to do crimes so ADT Alarm Systems are necessary for protection.
A robber who stole a gem in Spain was detained when authorities caught him and coerced him to have an X-ray in a checkpoint on September 2011.
Another man was caught in Australia’s Airport after x-ray detected that he swallowed a pink diamond worth $180,000 on February 2014. However the gem was not recovered. He was convicted and sent to jail but he did not yet admit what happened to the diamond.