Vol.
– 1
Issue – IV
In this Issue:-
 Direct Selling Industry is
on the Peak.
 Civil aviation industry has
grown by 400 per cent in
six years.
 Drop in Capital Flows to
Developing Countries in
2009.
 FDI in October dips 40%.
 KPO business to touch $
10 billion by 2012.
 Per capita income can
double in 9 years.
 Pathetic job decline rate
in U.S.A.
 World Bank to Support
NHAI.
 Cancun Agreement.
 World Bank Report on
Afghanistan’s Economy.
 Monthly Economic
Report
Coming Together
is SUCCESS
Nou Commercio Team
Direct Selling Industry is on the Peak
Headlines:-
 The direct selling industry has witnessed a robust 24
percent growth at Rs. 4,120 crore for the fiscal 2009-10 as
compared to the previous year.
 Nearly 47 per cent of the entire market size, health is the
most prominent category involving nearly 35 per cent of the
major direct selling companies. Health and personal care
categories have seen robust growth of 74 per cent and 66 per
cent respectively.
Civil aviation industry has grown by 400 per cent in six years
Headlines:-
Civil Aviation Minister Praful Patel said the airline industry
in India has grown by 400 per cent in a short span of about six-
and-a-half years. “Civil aviation in India since 2004 and now has
grown by 400 per cent in the span of about six-and-a-half years,”
he said while presiding over a foundation stone laying ceremony
for the Kannur International Airport at Mattannur. He said in 10
years Indian market will be the third largest aviation market after
the U.S. and China. Earlier this week, world aviation industry body
International Air Transport Association had said that powered by
emerging economies like China and India, carriers in the Asia-
Pacific region will post highest profit ever of USD 7.7 billion in
2010, overtaking airlines in North America and Europe.
Drop in Capital Flows to Developing Countries in 2009
Headlines:-
 Net global capital flows to developing countries fell 20
percent in 2009 to $598 billion (3.7 percent of gross national
income [GNI]), from $744 billion in 2008 (4.5 percent of GNI) and
were a little over half the 2007 peak of $1.11 trillion.
 Global private flows (debt and equity) declined by 27
percent in 2009 despite a rebound in bond issuance, portfolio
equity flows, and (mostly trade-related) short-term debt flows.
 Must Read –
Hero Honda to Hero
Profile:-
Hero Honda Motors Ltd. is FDI in October dips 40%
the world's largest manufacturer of Headlines: -
two – wheelers, based in India. The  After rising in September, Foreign Direct Investment
company is a joint venture inflows in the country dipped by about 40 % to $1.4 billion in
between India's Hero Group and October over the same period last year.
Honda Motor Company, Japan that  The inflows during April-October this fiscal are also down
began in 1984. In 2001, the by 29.7 per cent compared to $17.64 billion FDI rush witnessed in
company achieved the coveted the comparable period of last year.
position of being the largest two -
wheeler manufacturing company in
KPO business to touch $ 10 billion by 2012
India and the ‘World No.1’ two-
Headlines:-
wheeler company in terms of unit
India’s Knowledge Process Outsourcing business could
volume sales in a calendar year by
touch $10 billion by 2012, if the sector is opened for biotech and
a single company. Hero Honda has
nano experts and steps are taken to build a strong chain of
retained that coveted position till
qualified professionals, a Assocham study said. Currently, the
date. Today, every second
KPO market size is estimated to be around $5.5 billion and the
motorcycle sold in the country is a
sector is growing by about 15-17 per cent, dominated by
Hero Honda bike. Every 30
professionals belonging to fields such as management, medical
seconds, someone in India buys
and engineering.“Assocham has projected KPO industry’s size
Hero Honda's top-selling
growing to $8 billion in 2011 and touching the 10 billion mark by
motorcycle – Splendor.
2012 with a growth rate between 25-27 per cent subject .The
Market position in 2009-10:- high growth rate in 2012 can be achieved “if a strong chain of
qualified professionals is built and the field is opened for bio and
Total unit sales of 46,00,130, nano experts,” Assocham statement said.
two-wheelers growth is 23.6 %
Total market share in Indian
“Per capita income can double in 9 years”
market is 46%.
Highlight:-
Total net operating income of
The Planning Commission Deputy Chairman, Montek
Rs. 15860.51 Crore, growth
Singh Ahluwalia, said the country’s per capita income would be
of 28.1 %.
doubled in nine years with the economy expanding at current
Net profit after tax at Rs. rate of growth. The per capita income at current prices during
2231.83 Crore, growth of 74.1 2009-10 is estimated at Rs. 44,345 per annum as per the latest
percent. government data. The economy has grown by 8.9 per cent in the
first half (April—September) this fiscal. The government
HERO HONDA TO HERO DEAL:-
estimated 8.5 per cent economic growth this fiscal with 0.35 per
Honda has divested all cent variation on either side. The gross domestic product (GDP)
26% share in the company would growth was 7.4 per cent in 2009-10.
be bought by the Hero group.
 Quote for the Month
“Our economic success
was not a matter of chance; it
was a matter of choice.”
Bill Clinton
Upcoming Events
 25-27 January: WTO-
Trade Policy Review Body
- Malaysia.
 01 Jan - 31 March: World
Bank Group Environment
Strategy 2011.
 12 January: FICCI’s
Corporate Finance
Conference.
With this fourth edition of
Nou Commercio Asset
the team sends their
regards to its readers.
Coming Together
is SUCCESS
Nou Commercio Team
Pathetic job decline rate in U.S.A.
Headlines:-
 The number of people who were looking for permanent
jobs but not finding them remained more or less unchanged at 9
million.
 BLS data suggested that the number of job losers and
persons who completed temporary jobs rose by 390,000 to 9.5
million in November.
 The U.S. economy's unemployment rate climbed to 9.8 per
cent in November.
World Bank to Support NHAI
Headlines:-
 The Governme nt of India and the World Bank
s igned a $45 million technical as sis tance loan to finance
actions aimed at s trengt hening t he ins titutional capacity
of the National Highways Authorit y of India (NHAI) .
 About 30 percent of the t otal NH network is s till
s ingle-lane, 53 percent double-lane, and only 17
percent is four, s ix, or eight-lane.
 It has been es timated that the road s ector in India
will require inves tments in the range of $75 -90 billion
over t he next five years .
Cancun Conference
Headlines:-
The United Nations climate change talks in Cancún have
concluded with a package of decisions to help countries
advance towa rds a low-emis s ions future, delivering what
the world body's top officials have hailed as a victory in
the bat tle agains t one of t oday's bigges t challenges .
“Governme nts came togethe r in common caus e, for the
common good, and agreed on a way forwa rd t o mee t the
defining challenge of our time.” Dubbed the “Cancún
Agreements ,” the decis ions include formalizing
mitigation pledges and ens uring increas ed accountability
for the m, as well as taking concrete action to protect the
worl d's fores ts , which account for nearly one -fifth of
global carbon e mis s ions .
Mission: - We all know, how
far distance we had travelled
to reach at this position, how
worst was the situation
before 1991-92, but today we
people are in the golden era
of the Indian economy.
Now, the further
development depends on us.
So although being specialists
of our field we all should have
at least an outline of the
economy related offences and
a few technicalities, so we can
visualize and make judgment
in the favour of ourselves in
the glare of the country
empowerment.
So, we are trying to
put the major outlines which
are completely concerned
with ourselves.
If anyone wants to stop
receiving this magazine or
having any queries then they
can reply on
commercio.asset@gmail.com
Coming Together
is SUCCESS
Nou Commercio Team
World Bank Report on Afghanistan’s Economy
Headlines:-
Afghanistan’s growth outlook for 2010/11 is cautiously
optimistic with GDP growth of 8.5-9.0 percent, and inflation
around the government’s target of 5 percent, assuming banking
sector losses are contained. Real GDP growth remained strong, at
22.5 percent in 2009/10, but volatile due to agricultural output.
The driver of the economy continues to be private consumption
due to high demand for goods and services from the increasing
donor funding, the security economy, and an estimated external
budget of around US$ 4 billion.
Monthly Economic Report
Source- Ministry of Finance
Month – November
 The cumulative rainfall received for the country as a
whole up to December 15, during the Post Monsoon season
(October-December), has been 23 percent above the normal.
 Food grains (rice and wheat) stocks held by FCI and State
agencies were 46.22 million tones as on October 1, 2010.
 Overall growth in the Index of Industrial Production (IIP)
was 10.8 percent during October 2010 as compared to 10.1
percent in October 2009. During April-October 2010-11, IIP
growth was 10.3 per cent as compared to 6.9 percent during
April-October 2009-10.
 Exports, in US dollar terms increased by 21.3 percent and
imports increased by 6.8 percent, during October 2010.
 Foreign Currency Assets stood at US $ 263.5 billion at end
November 2010 compared to US $ 263.4 billion at end November
2009.
 Year-on-year inflation in terms of Wholesale Price Index
was 7.48 percent for the month of November, 2010 as compared
to 4.50 percent in November, 2009.
 The growth in real GDP 8.9 percent in the second quarter
of 2010-11.