China's growth rate may fall to about 8.5 per cent if the European Union crisis deteriorates into a global meltdown.
Hit by stock market meltdown, America's richie-rich club got poorer by $300 billion, but software czar Bill Gates, with a net worth of $50 billion, remained the richest in the United States for the 16th straight year.
The Los Angeles Lakers continued their stumbling start to a new era with a 100-91 road loss to the Sacramento Kings on Monday as the visitors matched their poorest opening to a campaign for nine years.
'Game Over is a nifty piece of work that recognises the durability of meaningful entertainment,' says Sukanya Verma.
Compared to other emerging markets, accelerated growth in the domestic economy provided greater business opportunities to foreign banks in India, resulting in higher profitability.
Japan's financial woes mount as the Tokyo Stock Exchange saw one of the worst crashes on Monday.
'A poorly conceived reboot that's overlong, overdramatic and overdone, Love Aaj Kal simply cannot differentiate between pyaar and parody,' says Sukanya Verma.
The world watched with great concern how the markets would react to the first downgrade of US' credit rating.
Left-arm spinner Ravindra Jadeja led India's brilliant bowling performance in a lopsided nine-wicket win against West Indies to wrap up a 3-1 series victory in the fifth and final one-day international.
Images from Day 4 of the Australian Open in Melbourne on Thursday.
Software exporter HCL Technologies (HCLT) on Wednesday said it will hire about 3,000 people in the July-September quarter.
Software exporter HCL Technologies (HCLT) on Wednesday said it will hire about 3,000 people in the July-September quarter.
Latest data from the Paris-based OECD, a grouping of mostly developed nations, showed that jobless rate in the region slipped to 8.2 per cent in February - the fourth consecutive monthly decline.
China has sought information on India's poverty reduction programmes, including the Mahatma Gandhi National Rural Employment Guarantee Scheme, to beef up its own strategy.
Japan's nuclear nightmare worsened on Wednesday with radiation levels surging at a quake-crippled reactor at Fukushima plant, forcing authorities to briefly pull out emergency workers even as another fire erupted slowing desperate efforts to avert a meltdown.
Workers battling to prevent a nuclear meltdown at Japan's quake-hit Fukushima nuclear power plant have been temporarily evacuated following fears that the containment vessel around reactor no 3 may have been damaged. Television images showed white smoke, now thought to be steam from the reactor, drifting from the nuclear plant.
Tennis star Maria Sharapova and Pune FC's Japanese footballer Izumi Arata lend their support to those affected in Japan in last week's devastating earthquake and tsunami and the nuclear crisis.
Making a statement in Parliament on the earthquake and tsunami in Japan, Dr Singh said Indian nuclear plants have in the past met the safety standards during the major natural calamities like January 26, 2002 Gujarat earthquake and the December 2004 Tsunami.
Subbarao said he would be "ok" if a sovereign bond issue in foreign currency is done once just to test the waters, but cautioned against using the instrument regularly.
The total investor wealth, measured in terms of cumulative value of all listed shares, fell by about Rs 1,22,000 crore (Rs 1,220 billion) on Friday, when the market benchmark Sensex fell by 297.50 points to its lowest level in over 18 months.
Islamic banking has been gaining momentum after the global meltdown.
Finance Minister Pranab Mukherjee on Monday said the medium-term outlook for the economy is bright and presents an excellent opportunity to take the growth process forward.
India and China, besides some developed countries, may face economic downturn in the coming months, according to an analysis by OECD -- a grouping of mostly advanced nations.
The global financial system needs more regulatory reforms to reduce the possibility of another meltdown, according to experts at International Monetary Fund.
The review will now make it mandatory for the world's top 25 financial economies to undergo IMF's surveillance. The check-up was earlier voluntary in nature.
Clouded by the global economic meltdown that began in 2008, the current Plan (2007-12) needed a lot of scaling down of the targets and the mid-term review was quite straight about it.
The subprime crisis followed by global meltdown has had its share of fallouts; yet there is a silver line which has the world order gearing up for a new era of financial discipline, tax transparency and enhanced regulation.
What do you make of the sheer fecklessness of the political class, those men and women that are supposed to be the pillars of our representative democracy? Why are they all seemingly blinded by folly? asks T V R Shenoy.
The volatile 17th seed had a quiet evening by his standards in his opening match on Monday, with just the one violation for unsportsmanlike behaviour when he asked spectator, in no uncertain terms, to be quiet while he was serving.
Amidst all the tension of the economic meltdown, Srijan Pal Singh took the call of letting go of an offer from a much sought-after consulting group and followed his instinct.
In 2009, the count of such filings stood at 1.47 million. "Bankruptcy filings in the federal courts rose 8 per cent in calendar year 2010... Total filings remain at a five-year high," Administrative Office of the US Courts said in a statement on Tuesday.
Hitting the target with monotonous regularity, Indian shooters' dominance in a phenomenal 2019, at times, made world events look like domestic tourneys. Indian shooting's best show at the Olympics remains the two medals won at London in 2012, but if the shooters' exploits in recent months are anything to go by, the country can easily emulate or better that in Tokyo.
Hours before the party's convention, Chairwoman of the Democratic party Debbie Wasserman Schultz resigned.
Airlines worldwide will continue to be in the 'red' because of the global meltdown and may take more than three years to recover, an international aviation group said warning that the epicentre of the crisis is now in Asia.
Workers were evacuated from the tsunami-damaged Fukushima nuclear plant on Sunday after radiation levels surged 10 million times higher than usual, dealing a major blow to efforts to avoid a meltdown of the reactors. The radiation in the water is 10 million times higher than that seen usually in the No 2 reactor complex, according Tokyo Electric Power Co, the operator of the plant, 250-km northeast of capital Tokyo.
Markets became jittery over the Spanish government's take-over at the weekend of regional savings bank Cajasur, which raised speculation that more unhealthy financial institutions may have to be bailed out to prevent a meltdown of the country's banking system.
Fashion magazine InStyle recently launched its annual list of the best-dressed hotties from the entertainment industry. Check it out!
India's economy grew 8.8 percent year-on-year in the June quarter, the strongest performance in more than two years, powered by robust manufacturing growth.
Japan's second nuclear reactor in the quake-stricken north experienced serious troubles on Sunday after its emergency cooling system failed, triggering a fresh radiation threat, a day after a blast rocked the site following a massive quake and tsunami in which thousands of people are feared dead.
As markets gain momentum, investors are again being lured into investing in ULIPs but they may face the heat in case markets fall.
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