Word: sectoral
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...With the economy galloping and the ranks of the middle class swelling, India's $350 billion retail sector - which a McKinsey study says will be worth $1.52 trillion by 2025 - has local and overseas corporations salivating. India is a nation of shopkeepers: over 95% of the country's estimated 12 million retail outlets are small, mom-and-pop operations, striving alongside countless hawkers, vendors and street-stall owners. The network of small local markets that supply much of India's groceries has been honed over decades, but the notoriously inefficient system of middlemen it relies upon has been dogged...
...however, hundreds of supermarkets are opening across the country, revolutionizing the sector with refrigerated transportation and modern management practices. The largest chain, Subhiksha, has some 760 outlets across India, while Big Apple aims to have 100 of its 7-Eleven-style convenience stores in Delhi alone by the end of this year. Reliance Retail, a division of India's biggest conglomerate and arguably the most formidable player in the retail market, plans to invest $5.5 billion to open outlets in 784 cities across the country. At the same time, foreign companies such as Tesco and Carrefour are trying to gain...
While many firms in the financial sector are facing an economic downturn, they remain a strong presence at Harvard this fall, according to Deborah A. Carroll, assistant director for on-campus recruiting at Harvard’s Office of Career Services...
...want to make Harvard a place where people don’t just resort to consulting and [investment] banking, but broaden their career options to the non-profit sector," she said...
...Although both China and Russia have a stake in Iran - China is heavily invested in its energy sector, while Russia is building the country's nuclear reactor at Bushehr and also selling billions of dollars of weapons to the Islamic Republic - each has more important, and immediate strategic concerns of its own. Both could more easily live with a nuclear-armed Iran than Washington would, and neither sees Iran as a strategic threat. Still, Russia has plainly dragged its feet (by measure of years) over completing the Bushehr reactor, suggesting it may be keeping the Iranian reactor offline as leverage...