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Girish Bajaj. (GB)
Works at GB LUXE
Attended NMIMS
Lives in Bombay
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Girish Bajaj.

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The 17-country euro area economy will contract 0.4 percent this year, 0.1 percentage point worse than forecast in July, and grow 0.2 percent in 2013, less than the 0.7 percent predicted three months ago, the IMF said.
The U.S. is seen expanding 2.2 percent this year, higher than an earlier forecast, and growing 2.1 percent next year, less than previously predicted. Japan’s estimate was cut to 2.2 percent this year and to 1.2 percent in 2013.
Spain’s economy will shrink 1.3 percent next year, 0.7 percentage point worse than predicted in July. German growth is seen at 0.9 percent each year, with the 2013 estimate half a percentage point less than previously forecast.
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Industrial production in Germany slipped by 0.5 percent on the month in August. That compared with the consensus forecast in a Reuters poll of 42 economists for a 0.8 percent drop.

Activity in the construction sector fell by 2.8 percent and factories churned out 1.3 percent fewer intermediate goods, dragging overall output down. Energy output, which rose by 1.5 percent, was the main bright spot.

"The trend in production continues to be quite stable," the ministry said in a statement.
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Madrid is likely to ask for about 40 billion euros to recapitalize its banks following independent assessments of the sectors' needs -- well within the 100 billion euros set aside by euro zone finance ministers for the purpose in July.

The ESM money would flow to Spain in November, after European Commission competition authorities approve conditions for the recapitalization for each bank.

SPAIN IN FOCUS

Spain is in investors' focus because it has struggled to cut one of the euro zone's largest public deficits as the country sinks deeper into its second recession in three years.

In Luxembourg, euro zone ministers will also discuss a request, expected from Spain sometime in the coming weeks, for a precautionary credit line from the ESM that they hope will boost investor confidence and keep Madrid in the capital markets.
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Pace Gallery and David Zwirner opened large-scale spaces in Mayfair last week. Pace debuted its gallery at 6 Burlington Gardens, part of the Royal Academy of Arts, with a show of dark paintings by Mark Rothko (on loan) and seascape photographs by Hiroshi Sugimoto (for sale at undisclosed prices).
New paintings by the Belgian artist Luc Tuymans inaugurated Zwirner’s 18th-century town house gallery at 24 Grafton Street. It is the New York dealer’s first European location.
“It makes sense for New York galleries to open over here,” Arianne Levene, a London-based art adviser particularly for collectors in the emerging markets, said in an interview. “It is a central point for Asian and Middle Eastern clients.”
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Google is now using these neural networks to recognize speech more accurately, a technology increasingly important to Google's smartphone operating system, Android, as well as the search app it makes available for Apple devices (see "Google's Answer to Siri Thinks Ahead"). "We got between 20 and 25 percent improvement in terms of words that are wrong," says Vincent Vanhoucke, a leader of Google's speech-recognition efforts. "That means that many more people will have a perfect experience without errors." The neural net is so far only working on U.S. English, and Vanhoucke says similar improvements should be possible when it is introduced for other dialects and languages.

Other Google products will likely improve over time with help from the new learning software. The company's image search tools, for example, could become better able to understand what's in a photo without relying on surrounding text. And Google's self-driving cars (see "Look, No Hands") and mobile computer built into a pair of glasses (see "You Will Want Google's Goggles") could benefit from software better able to make sense of more real-world data.
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Have him in circles
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“It’s incredible,” said Loeb, whose title was the 20th drivers’ crown scored by tyre firm Michelin. “We were dreaming about this moment at the start of the rally having lived this two years ago. Now we are here again with the victory and the championship in front of all these wonderful people. It’s not possible to get better than this, it was a dream all weekend in front of all these fans. We couldn’t believe the atmosphere two years ago, it was amazing then and it’s amazing now.”
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Now a Ferrari driver, he has made it clear in the subsequent years that his gripe was with McLaren, not his former teammate.
I don't think anyone has been coming back.
Fernando Alonso
And now that Hamilton is switching to Mercedes, Alonso said the Briton has joined a prestigious list of ex-McLaren drivers who found happiness elsewhere.
"When the rumours started, I said I felt it was good for Lewis to move on and for McLaren, they have experienced this before, with Prost leaving and Senna, then me, now Lewis, normally for a better life," Alonso said at Suzuka.
"I don't think anyone has been coming back," he is quoted by Spanish reporters.
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The fund, called the European Stability Mechanism (ESM), will be used to lend to distressed euro zone sovereigns in return for strict fiscal and structural reforms that aim to put economies that have lost investor trust back on track.

It is part of the single currency area's drive for an overhaul of its economic structures and deeper integration, a discussion that will be taken forward on Monday with talks on an idea to create a single euro-zone budget.

Euro zone finance ministers, who form the ESM's board of governors, will hold their inaugural meeting in Luxembourg two years after EU leaders endorsed the idea of setting up such a permanent institution.

"The ESM will be operational as of Monday," said a euro zone official, linked to the ESM.
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Overall retail sales revenue grew 15 percent to hit 800.6 billion yuan ($127.4 billion) during the National Day holiday, which coincided with the Mid-Autumn Festival to provide a rare eight-day break, China's state television China Central Television said.

That marked a cooldown from the 17.5 percent growth last year during a seven-day holiday. No further details were given,

The Golden Week holiday, when millions of people take time out to travel and spend more than usual, brings huge discounts and promotions as retailers battle for market share.

Economists are watching China's 1.3 billion consumers closely during the National Day Golden week holiday, running from Sept. 30 to Oct. 7, amid escalating worries about China's hard landing.
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People
Have him in circles
436 people
Candra Grindele's profile photo
Work
Occupation
CEO & Strategist.
Employment
  • GB LUXE
    Luxury Lifestyle, 2010 - present
  • GB CORP
    CEO & Strategist, 2000 - present
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
Bombay
Previously
Dubai
Story
Tagline
"Have a CHAMPAGNE LIFE."
Introduction

Chilled out, love life, vibrant, energetic, dynamic.

I am Energetic, Enthusiastic, positively focussed and Strong Willed. I am very passionate about what I do and can be a bit tempremental. I am exciting and creative whilst being a little unpredictable. I can certainly hold my own in an argument. I love to go out and have a good time. It can be very interesting being around me.

I am creative, inventive, strong individual and determined. I don't like to be held back and can be ambitious with a strong desire to be a respected leader who is looked up to by associates.

><((((o> ¯ `•.¸¸.><((((o>

I am warm, empathetic, responsive, and responsible. I am highly attuned to the emotions, needs, and motivations of others. I find potential in everyone, and want to help others fulfill their potential. I may act as a catalyst for individual and group growth. i am loyal, and are responsive to praise and criticism. I am sociable, facilitate others in a group, and provide inspiring leadership. 

My Activities: Keeping fit, Networking, Strategy.Keeping abreast of Global Macro Economies & Markets & Emerging Economies & Markets. Analyzing the Big Picture. 


STRATEGIC BANKER:

Advising clients by designing strategies in asset allocation suiting their respective risk profiles with their respective retirement goal oriented approach.

Education
  • NMIMS
    FMBA, 2002 - 2004
Basic Information
Gender
Male
Other names
GB BAJAJ
Girish Bajaj. (GB)'s +1's are the things they like, agree with, or want to recommend.
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