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  Canada Immigration Forum > General > Our Native Country! > Massive Job Hiring going on in India !
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Massive Job Hiring going on in India !




dan
Senior Desi
Member since: Jan 05




Posts: 449
Location:


Quote:
Originally posted by KumarM

Just curious. Has anyone seen the paystub of someone making Rs. 2 lakh a month? Is it CTC (cost to the company) / gross pay / net pay? Lot of desis tend to blow everything out of proportion to maintain the bloated ego. Marriages have gone kaput when the girl finds that the salary the guy mentioned was CTC, not the take home pay. Its not the boy's fault, its the parents who tell the BS.

KM



Are the marriages based on salary information in India ?


 
Post ID: 157668 03-02-10 08:39:32
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KumarM
Senior Desi
Member since: Jan 09




Posts: 881
Location:


Quote:
Originally posted by dan
Are the marriages based on salary information in India ?



LOL. I dont want to deviate from the topic, but how many marriages in a western country take place without information on the salary/money?


 
Post ID: 157670 03-02-10 09:09:32
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akkiluck
Senior Desi
Member since: Apr 06




Posts: 150
Location: canada

am still hunting
hi i am in india since april 08 and have worked with td bank but am still hunting for a job any idea how i can get a job have tried various jobsites but no avail ,there is still recession going on i wonder how u guys r getting good job offers that pay well do let me know pls .
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akkiluck

 
Post ID: 157740 04-02-10 01:32:36
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ritz3645
Senior Desi
Member since: Sep 08




Posts: 220
Location:


Is this suppose to be Pro India or Anti India, cant figure it out......


\"You are expected to work from 9 to 9, leaving at 5 or 6 PM is frowned upon. There is a lot of strees and pressure. The companies are not going to pay you big money just for the heck of it. If they give you 2 lacs a month, they will extract work value of 50 lacs from you, so its not that easy.
- Everything is target oriented, failing to meet your targets leads to termination. Remember, you dont have any \\\"EI\\\" to fall back on!! I know of people joining the private banks from nationalised banks because of the money, and then losing their jobs because they couldnt keep up with the work pressure/targets. Same with ITES/IT Consulting firms\"

MY REPLY
In India or Canada or US...work is the same, perform or perish, except if u working for Public sector.
By the way on CNN there s a story of cities trying to renegotiate perks with Public sector.


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Would love to see when INR gets a free float, may be 5 yrs from now.....
Buy property in India man long term, and hold it, that's an investment idea, no wonder all PE companies are betting big on India, they will make a kill on free float. Already INR is a reserve currency in underworld currency market in far east (Taiwan/Singapore)


 
Post ID: 157741 04-02-10 02:57:57
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KumarM
Senior Desi
Member since: Jan 09




Posts: 881
Location:


Quote:
Originally posted by ritz3645
Would love to see when INR gets a free float, may be 5 yrs from now.....



how does it help? i have no idea


 
Post ID: 157744 04-02-10 07:03:49
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Fido
Senior Desi
Member since: Aug 06




Posts: 5286
Location: Canada


Quote:
Originally posted by Iceberg

The plan is to get your bags packed and ship you along with them to India first. :cheers:

Quote:
Originally posted by Fido

So - when are you guys moving ? Let us know ;)




He he... I am content in following you .... 2 steps behind ...

The proof of the pudding lies in eating it ....

Whatever any one / every one says , you can't know whats in store for you unless you take a plunge . And taking a plunge comes with its risks and what ifs . As humans , most of us do not wish to disturb life's equilibrium .

If I had a chance to take this plunge , I would first secure a job in India from here and then move ... maybe for a couple of years .... Who know .....

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Fido.

 
Post ID: 157745 04-02-10 07:55:14
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Fido
Senior Desi
Member since: Aug 06




Posts: 5286
Location: Canada


Quote:
Originally posted by mumdxbcan

Is it really costly to drink Rs 100 a coffee ?




How much % of total population in India can afford to drink coffee @ Rs 100 / mug ?

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Fido.

 
Post ID: 157746 04-02-10 07:59:15
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ILOVENA
Senior Desi
Member since: Jan 09




Posts: 295
Location:


It might sound crazy, but when I left India ten years back, a cup of coffee in a restaurant would usually cost 5 to 7 rupees. On a "Telha" or "Bandi" it used to cost two bucks.

So now you can do the math about the inflation!

Of course, when you earn 20 grand in a call center and 40 grand as a "software engineer" just after you graduate from college , none of that matters. It does matter to the majority of the population, who do not belong to the elite "software" class"!


 
Post ID: 157749 04-02-10 09:35:23
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Iceberg
Senior Desi
Member since: May 05




Posts: 919
Location: GTA and beyond


Coffee or tea in most udipi restaurants is still available for Rs. 10 - 15. Here the Rs. 100 was for 'designer' outlets like Barista.


Quote:


It might sound crazy, but when I left India ten years back, a cup of coffee in a restaurant would usually cost 5 to 7 rupees. On a "Telha" or "Bandi" it used to cost two bucks.

So now you can do the math about the inflation!

Of course, when you earn 20 grand in a call center and 40 grand as a "software engineer" just after you graduate from college , none of that matters. It does matter to the majority of the population, who do not belong to the elite "software" class"!



 
Post ID: 157750 04-02-10 10:10:39
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ritz3645
Senior Desi
Member since: Sep 08




Posts: 220
Location:

To KumarM
Quote:Originally posted by ritz3645
Would love to see when INR gets a free float, may be 5 yrs from now.....

how does it help? i have no idea
----------------------------------------------

Not an Issue Kumar, let me start with the basic.

Lets take it this way, India is one house (mine), similarly there is a neighbor USA, another neighbor Canada, and China, and...many more

Every house produces something and buys things which it lacks,
Some houses have one children (canada) some have more (India..still counting).

They individually try to balance their income and spending like all Housewife do at all homes.

--------------------------------------------------------
During 1991 the then Finance Minister Manmohan Singh had to literally fly in Gold to IMF due to lack of hard currency USD (balance of payment issue) as house of India was buying more than it was selling in the international market

link http://en.wikipedia.org/wiki/Economic_liberalization_in_India

After this episode Indian Govt official policy became 110% Export oriented..why because India was buying more from the international market then it was selling value wise (oil which still represents 70 % of India's imports ....to move the economy).

Even now (after 70 billion USD positive/surplus)day to day INR rate still is monitored and controlled by the dealers at Govt Banks as per instructions by RBI. Still all NRI accounts reflect as debts for Indian Govt and NRO accounts as income.

------------------------------------------------------------
Post 2001 .......zero interest money (thanks to MR Alan Greenspan) trickled and flooded house of India (revenues against export..Non IT/IT) which moved India to a strong service economy (tertiary activity).
............
Now house of India is surplus...like China and whole of export oriented Asia surplus meaning it is producing far more that what it is buying from other houses.

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All home minister ( USA/India/China)sell loans (treasury bond) bought by creditors to manage their annual house hold income and the loan is against expected annual Tax revenues.

Developed Houses like UK/USA always had a ready market who would buy their loans as their economies had consistently sold far more in value than what they would buy from other houses.

Whole of export oriented Asia would buy these treasury bond because it moved their exports which were consumed by selling developed houses.
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Free Float

All export oriented Asia which would happily buy USA treasury bond ...have realized after 2001 that they have hardly receive any interest on their investment, but have also lost a quarter of its investment value.

So Russia says it will buy CAD than USD.

And China which is also confident that it will be surplus for future years is thinking of its own currency denominated treasury bond (already listed at Hong Kong exchange and bought by eager investors) and freeing its currency as it knows it will be surplus, and ...surplus develops a balanced economy which would also consume from/of poor houses, like in the olden day surplus kingdom had slaves working for minimum wages from poor countries.


What it means is India which is also confident that it will be surplus for future years can also do the same, and its currency will hold more value than before (it is in a surplus) so if the house currency is strong all investment in the currency are strong compared to other houses.


...........And may be some day the uneducated Anna (registered voter/ ration card holder) who manages the small Chai shop in Andheri E near IT park, will go on a annual Dubai shopping trip instead of thinking of sending his son to Dubai.....coz he knows his shop will be surplus as there's no dearth of his customers making money (IT guys).


 
Post ID: 157823 05-02-10 02:17:09
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Contributors:
akkiluck(1)  dan(3)  Fido(3)  iamhyderabadi(1)  Iceberg(6)  ILOVENA(3)  indiarocks(1)  
JRF(1)  KumarM(4)  looklook(1)  Maharaj(1)  mkannuri(1)  mumdxbcan(1)  newton(3)  
ritz3645(2)  sumjo(5)  Vandematram(1)  
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