Interesting Facts About Christmas Tree

…s-produced in 1890. In 1900, large stores started to erect big illuminated Christmas trees. The tradition of an official Chicago Christmas tree was initiated in 1913 when one was first lit by Mayor Carter H. Harrison in Grant Park. The official Christmas tree tradition at Rockefeller Center began in 1933. Since 2004 the tree has been topped with a 550-pound Swarovski Crystal star. And since 2007, the tree has been lit with 30,000 energy-efficient…

Indian Economy: 2009 Vs. 2010

…PPP will be $4,001 billion. If we compare per capita GDP, in 2009 GDP nominal per capita was $1,142 (142nd) and expected to be $1,176 for 2010. In 2009, GDP PPP per capita was $3,176 (127th) whereas in 2010 it is expected to be $3290. India’s gross domestic product (GDP) growth rate significantly slowed to 6.7% in 2008-09, but subsequently recovered to 7.2% in 2009-10 Inflation A consumer price index (CPI) measures changes through time in t…

Impact of IT/ITES on Indian Economy

Impact of IT/ITES on Indian Economy

…cess story of India. Today, India’s GDP is growing at a massive rate of 8.9% (estimated FY2010-11). It is expected that the share of IT/ITES industry in this GDP will be 6.1% as against 1.2% of 1998. For the past 10 years, GDP of India has grown on an average 6-7% every year. If a sector’s share in this growing GDP has increased from 1.2% to 6.1%, what could be the growth rate of that sector? Revenue of IT/ITES of India for FY2010 is…