BlogStreet India

We have soft-launched BlogStreet India this week. It is a pioneering service for Indian blogs offering analytics and services like Blog Directory, RSS Search Engine, BlogProfile, BlogRank, RSS2Mobile and more.

There are various useful tools for both, authors and readers of blogs. Some of the salient features include:

  • RSS Search Engine for Indian blogs. It searches the Indian blogosphere and takes you directly to the blogposts which contain what you searched for. Unlike other search engines, the database is current and updated daily.
  • The Top 100 Indian blogs and Most Influential Indian blogs lists
  • RSS2Mobile service is India’s first service enabling you to read your favorite blog / RSS feed on the go i.e. on your WAP enabled mobile phone.
  • Blog Directory listing Indian bloggers city-wise
  • Find out what popular Books, Movies and Music are the Indian bloggers talking about in their blogs
  • Community Forums are a place to discuss anything that is blog related, show off your new blog, ask for help if you are newbie, announce the blogger meet in your city or just make friends with other bloggers.

    Blog authors can have more:

  • A blogger can check his popularity by way of BlogRank listed in his BlogProfile.
  • The BlogBack features tells you which blogs link to you from their blogroll.
  • Another interesting feature is BlogNeighborhood which take a blog URL and lists other blogs that are similar to it.
  • Those whose blog is already listed in BlogStreet India can claim their blog and update their profile.

    BlogStreet India is part of BlogStreet, one of the first portal in the world dedicated to blogs. BlogStreet was launched in August 2002 and grew to be one of the most popular web-services in the blogosphere.

  • The Innovation Economy

    Business Week has a special issue on “The Innovation Economy.”

    One of the articles discusses innovations in India. ” Banking. Education. Health care. Autos. In these areas and beyond, Indians are increasingly demanding better products and services at an affordable cost. Strong economic growth this year will only enlarge that demand. The phrase ‘Made in India’ may come to represent low-cost innovation in the new global economy.”

    China and the World Economy

    The Economist writes in a survey that “American consumers and Chinese producers have led a global boom. China is creating genuine wealth, but America’s binge is based partly on an illusion.”

    Over the past year the world economy has grown by almost 5%, its fastest pace in two decades. Growth has been powered by two high-octane fuels: America’s exceptionally loose monetary policy, which has encouraged consumers to keep spending; and an unprecedented investment boom in China. America and China together accounted for almost half of global growth over the past year. If American consumers and Chinese producers were to retreat at the same time, global growth could slump.

    Only a few years ago, the term the world economy was used as shorthand for the economies of the developed world; China would at best rate a brief mention. But now it is too big to ignore. It was largely thanks to China’s robust growth that the world as a whole escaped recession after America’s stockmarket bubble burst in 2000-01. But its recent boom is also responsible for much of the surge in global energy demand that has pushed up oil prices. China’s massive purchases of American Treasury bonds explain why the dollar has not fallen further or bond yields risen more sharplyeven though America’s huge current-account deficit continues to widen. Last but not least, many people blame the sickly state of America’s jobs market on imports from China and on outsourcing.

    This survey will explore the many ways in which China’s rapid economic development is affecting the rest of the world, from jobs and growth to oil prices and inflation. The integration of China’s 1.3 billion people will be as momentous for the world economy as the Black Death was for 14th-century Europe, but to the opposite effect. The Black Death killed one-third of Europe’s population, wages rose and the return on capital and land fell. By contrast, China’s integration will bring down the wages of low-skilled workers and the prices of most consumer goods, and raise the global return on capital.

    Some central banks, slow to grasp the effect of these structural changes on inflation and monetary policy, have been running overly loose policies that have fuelled unsustainable booms in America and some other economies. In the short term, therefore, China could make growth more volatile, but in the long term it will be a powerful engine of global growth. The Black Death is thought to have originated in China and spread to Europe through trade. This time China will export vitality to the world economy instead.