Giving an economic content to his visit to the US in the midst of high-profile diplomatic engagements, Prime Minister Manmohan Singh met World Bank President Robert Zoellick and top American CEOs in the backdrop of the financial meltdown that has kept the Bush Administration on its toes.
The Indian IT and IT-enabled services industry is expected to grow at 10.8 per cent in 2009, the lowest in the last five years, due to the global economic meltdown, a report said.
The sea-facing desert city has been hit by a spate of redundancies recently, following the worldwide financial meltdown, which has affected its much vaunted real estate sector. The lay-offs affect both the locals as well as expatriates, mostly from the Indian sub-continent.
The auto sector is doing well in India, despite stock market meltdown, emerging signals of industrial slowdown and rising costs.
RBI said aggregate demand during the year so far suggests that the shock to consumption is severe, and it will take quite some time to mend and regain the pre-COVID-19 momentum.
Economists have said if a stimulus is needed it should be different from what was provided in 2008-09, when the economy faced the ripple effects of a global meltdown following the Lehman Brothers collapse.
The FRBM report, to be submitted on Tuesday, is likely to have 'excuse clauses', absolving the government of meeting its fiscal commitments under certain conditions such as war or conflict, global economic meltdowns or natural disasters.
The biggest art fair hits Hong Kong with the third edition of Art Basel.
The Natural History Museum's annual competition and exhibition, Wildlife Photographer of the Year has been the longest-running and most prestigious nature and wildlife photography competition that has been recognising the world's best nature photography every year since 1965.
Economists praise Das for his pragmatism and willingness to face challenges head on. And in doing so with the finesse of an able administrator.
When Shahid, Abhishek, Shah Rukh unleashed their wild onscreen alter-egos on us...
They are sexy as sin their latest photos!
The fast moving consumer goods index was the lone survivor -- gaining 3.24 per cent. Tobacco-to-hotels major ITC rose on account of its better-than-expected quarterly results.
Do the actual numbers bear out the claims made by the government or do they suggest something else? asks A K Bhattacharya.
'Yeh Saali Aashiqui held my attention purely for audacity,' says Sukanya Verma.
Titan, NCC, Delta Corp, Karur Vysya Bank, Aptech, and Jubilant Life Sciences are among stocks in Jhunjhunwala's portfolio that have taken a severe hit, falling more than 50 per cent during the period.
Pinarayi is exploring the potentials of 'socialism with Indian characteristics'. The next five years under Pinarayi's watch will be a transformative period for Kerala's development, observes M K Bhadrakumar.
Organisers played a wrong national anthem for Moldova ahead of their tie against Belgium in Sydney. Denis Shapovalov won the battle of the next generation against Greek Stefanos Tsitsipas to help Canada to an emphatic 3-0 victory in the inaugural ATP Cup men's team event in Brisbane on Friday.
Images from Day 1 of the Wimbledon tennis championships in London, on Monday.
Internet, tech, infra, realty in India might gain
There is no feeling in the world like having your lover beside you when you expect perfection, as you set out to attempt a new task. Tennis star Caroline Wozniacki -- with her hair dyed shocking pink -- was present at the sun-baked Augusta National golf club to egg on her beau Rory McIlroy on Thursday.
Tottenham Hotspur's meltdown at Manchester City exposed serious flaws in Andre Villas-Boas's project and the young coach is under intense scrutiny ahead of Sunday's match with Premier League champions Manchester United (1630 IST).
Investments made on the basis of half-knowledge always result in financial losses
In Asia, the metal tumbled about $124, followed by over $100 in the previous session.
Images from Day 5 of the Wimbledon tennis championships played in London, on Friday.
There were 86 million salaried jobs in India during 2019-2020. In August 2020, their count was down to 65 million. The deficit of 21 million jobs is the biggest among all types of employment, points out Mahesh Vyas.
Rajan said he believes that capitalism is breaking down because it is not providing equal opportunities.
In the last two-and-a half years, the Congress has lost 13 of its MLAs to the BJP which now enjoys an overwhelming majority in the assembly.
Scenes from the legend's IPL 2019 campaign...
'We have to do a lot of self criticism because this is the second time that the same thing has happened to us. We cannot commit the same mistake two years in a row, there are many things we need to consider and think about'
There's nothing wrong in Vidya Balan's performance. There's just nothing new about it, feels Sukanya Verma.
We bring forth some photographs of the present day Fukushima prefecture, once full of life like any other town, now just a gloomy shadow of its past -- each photo a grim reminder of the irreversible catastrophe.
Let's have a look at 20 slowest-growing cities in the world.
Here's what Phas Gaye Re Obama is all about.
Sales have started picking up and the company has cut down losses. It's now looking to expand in other markets.
Images from Day 11 of the French Open at the Roland Garros on Wednesday.
He takes over at Mint Road at a time when the governor's job is even less easy than it is normally.
Three American scientists won the 2013 economics Nobel prize on Monday for research that has improved the forecasting of asset prices in the long term and helped the emergence of index funds in stock markets, the award-giving body said.
If the Budget is targeted towards voters, the country ratings will be downgraded to junk status. This can trigger an economic meltdown.
Czech Petra Kvitova overcame a second set meltdown to dispatch Angelique Kerber 6-2, 0-6, 6-3 in the final of the Pan Pacific Open in Tokyo on Saturday to claim her 11th WTA tour title.
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