Business-Feature

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GT Travels: Where Every Journey Is A Delight

A Masters in network computing from Monash University, Gaurav Tiwari dabbled in a few things before the travel bug, in his case setting up a travel agency, caught him. With a passion for sales and marketing calibre, he has proved that in three years he can survive the stiff completion in Melbourne. Recently when Malaysian Airways announced the 750 AUD fare from Melbourne to India, Tiwari says, “The same night…

Problem Finding The Right Business? Here’s The Solution

“When Indians immigrate to Australia, they are looking to either buy a house or a business.” Coming from someone who has worked closely with the community for almost a decade, Ashwin Pandit’s observation has gone well with his business. As a business broker, he offers a range of services that are focussed on creating outcomes. So, if you are looking to buy a business but are not sure of the…

Online Shopping increases this Festive Season

Online Shopping increases this Festive Season

According to an Assocham survey on rising sales of consumer electronics and other products, the online shopping industry may touch Rs. 2,800 crore during this Diwali season.

Ishita Swarup, CEO & co-founder of brandmile.com, doesn’t find the online shopping movement unusual. “There has been a fairly upward trend internationally and India is not far behind. One-third of Christmas shopping also happens…

NRIs may hold accounts in any currency: RBI

NRIs may hold accounts in any currency: RBI

Mumbai: Indians having non-resident accounts in India can now hold them in any currency that is fully convertible. The notification came yesterday from the Reserve Bank of India.

The move is likely to help NRIs/Persons of Indian Origin (PIO) as it will give them more options in holding accounts and lessen the risk from fluctuations in major currencies.

Earlier, FCNR(B) account holders…

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US-based corporate giants seeking to enter India

US-based corporate giants seeking to enter India

New Delhi: India has come out as one of the fastest-growing economies in the world. Several companies from around the world, including from the United States, are trying to enter the Indian market and further expand their businesses in the country.

As per the reports, at least a dozen US-based corporate giants are lobbying with their government to help them enter…

“Employment is growing in Australia”

“Employment is growing in Australia”

According to Prime Minister Julia Gillard, employment is growing due to expansion in the mining and construction sectors.

Ms Gillard said the country’s strong terms of trade continued to help the economy, which had emerged strongly from the global financial crisis. However, she said there were pressures in industries such as tourism and manufacturing, mainly due to a strong Australian dollar.

The…

Australian dollar charges back

Australian dollar charges back

The Australian dollar is recovering rapidly after hitting its lowest points in more than a year.

Australian dollar fell to a low of US 93.88 cents during offshore session, after the Reserve Bank of Australia hinted yesterday that it was open to an interest rate cut if inflation pressures ease. However by early this morning, the currency was at US 95.75c.

According…

“Australia is a pretty unique economy”

“Australia is a pretty unique economy”

According to Australian Treasurer Wayne Swan, Australia is a ‘pretty unique’ economy and he believes that the tax system needs to reflect the same.

“We are relatively isolated from the world in a geographical sense,” he told delegates attending the two-day tax summit at Canberra’s Parliament House. “Yet few countries adopted imported technology and fashions as readily as Australia,” he said.

“Our…

Obama adviser to speak at Australian jobs summit

Obama adviser to speak at Australian jobs summit

An adviser to the US President Barrack Obama on manufacturing is likely to address Julia Gillard’s jobs summit.

The adviser, whose expertise was sought by Ms Gillard, is an Australian born businessman.

Prime Minister Julia Gillard announced that Andrew Liveris, the Dow Chemical Company Chief Executive, who is co-chair of President Obama’s Advanced Manufacturing Partnership, will be the international keynote speaker at…

“Australia’s resources industry will need more workers”

“Australia’s resources industry will need more workers”

According to Bhp Billiton, Australian resources industry will need an extra 170,000 workers in the next five years.

The mining giant said the resources boom will create 90,000 continuing jobs by 2016 and demand for temporary construction workers will peak at 80,000 in 2014.

In a sign of the growing risk of skills shortages, BHP’s prediction is almost 60 per cent higher…

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