It is hardly surprising that the Reserve Bank of India's decision to revive a plan, first mooted in 2007, to introduce credit default swaps (CDSs) in India has met with considerable apprehension.
Economic Survey says Indian carriers operate in an exceptionally high-cost environment.
The Economic Survey today pegged the fiscal deficit for 2010-11 at 4.8 per cent, lower than the Budgetary estimates of 5.5 per cent, on the back of higher realisation from 3G spectrum auction and buoyancy in revenues.
The civil aviation industry, which was hit hard by the global financial meltdown and high fuel cost, saw a strong recovery in 2010 with the domestic passenger traffic rising 19 per cent to 51.53 million, the Economic Survey said on Friday.
The remittances increased from $26.37 billion duringthe same period in the previous year, as India provided much better returns.
While prone to losing to modest opponents, Kyrgios often produces his best tennis when up against one of the 'Big Three' of Novak Djokovic, Roger Federer and Nadal.
The US government's $700 billion-bailout programme, aimed to bolster the country's crisis-ravaged financial system, is projected to cost as much as $109 billion to the American taxpayers.
According to the RBI report, the unrest in the global economy continue, it can impact the jobs in the country's labour-intensive sectors and may even affect domestic demand.
Apple's iconic chief Steve Jobs has been taking home a salary of just $1 at least for the past three years.
World number one Rafael Nadal suffered a rare second-set meltdown before recovering to beat plucky Slovakian Lukas Lacko and join rival Roger Federer in the Qatar Open quarter-finals on Wednesday.
Driven by high growth of 8.9 per cent of the manufacturing sector, the economic growth in the current fiscal is likely to be 7.2 per cent, the CSO said in its advance estimates for the national income released on Monday.
Lehman Brothers, whose collapse worsened the global financial crisis in late 2008, slumped into bankruptcy as the entity failed to get the necessary support from the US authorities, former chief Richard S Fuld has said.
Sensex up just 6.5% while the best returns were during Manmohan Singh, with the Sensex soaring nearly 167.5%.
A 6.8 magnitude earthquake has hit off the coast of Japan, with its epicentre located some 150 kilometers from the city of Namie in Fukushima prefecture triggering a tsunami alert, RT News reports.
The Miami Heat recovered from their Game Two meltdown in the NBA Finals by edging the Dallas Mavericks 88-86 on Sunday to take a 2-1 lead and regain the home-court advantage in the best-of-seven series.
Hatoyama is the first Japanese PM to visit India in 25 years.
Turbulence in financial markets could mean that 'exit' from expansionary policies will be delayed.
Battered by the financial meltdown, which turned worse in late 2008, the American economy has seen millions of jobs losses.
British newspapers were unsparing in their condemnation of the England soccer team after they were defeated 4-1 by Germany in the second round of the World Cup in Bloemfontein on Sunday.
To mitigate the impact of the economic slowdown on their businesses, a majority of Indian firms have implemented significant cost reductions and are reviewing their operational effectiveness, a PwC survey says.
Welcoming government's decision to keep the common man in focus in the Union Budget, country director of United Nations Development Programme Deirdre Boyd said the enhanced funding to social sector will also help India achieve the Millennium Development Goals.
The commerce and industry ministry may withdraw incentives offered to certain export-oriented industries and reallocate these to the sectors that are struggling for survival after a review in April.
Here we present a list of the 10 biggest banks of the world in terms of market capital and brand value, as compiled by www.brandirectory.com.
Here we present a list of the 10 biggest banks of the world in terms of market capital and brand value, as compiled by www.brandirectory.com.
The Reserve Bank of India on Tuesday said it was starting to unwind some of the extraordinary policy easing and liquidity support measures taken to shore the economy up against the global credit crisis and economic slump.
The duty reduction and work towards the goal of GST has helped industry to remain competitive in the market.
The Indian middle class remains optimistic about their future and the prospects of the country's economy, despite the global financial meltdown, says a report.
The exports data for September would be announced next month. The exports data for September would be announced next month.
Preeta Misra, head, financial education solutions, Dun & Bradstreet -- India, said, "The economic downturn has opened up opportunities for companies in India, as with the decrease in the attrition rate of employees, companies can now have the crucial talent they need. They can identify and build leaders for tomorrow and set up efficient internal processes in place to build the future growth."
During the last few years, finance ministers like P Chidambaram and Jaswant Singh limited their pre-Budget discussions to representatives from the industrialists' lobby, economists, farmers and trade unions. This time, Pranab Mukherjee has held exclusive meetings with exporters, the financial sector, electronics and information technology. He will also hold a meeting with the finance ministers of the states.
The British economy expanded at a faster pace than expected, clocking a growth rate of 1.2 per cent in the second quarter of 2010, boosted by robust activities in the construction sector.
Diamond cutting and polishing industry had laid off over 20 per cent of its skilled labour (total estimated strength is one million).
Foreign direct investment in India may erode sharply from the record $42 billion in 2008 with trans-national corporations going slow on expansion plans following the global financial meltdown, says an UNCTAD report.
Interest rates may harden a bit by the end of the current financial year, according to C Rangarajan, chairman of the Prime Minister's Economic Advisory Council.
It could be either a nuclear war, a meltdown by the ageing Sun or a fatal hit by an asteroid or a black hole -- the reason could be any but the fact is our Earth may be facing a disaster sooner than we thought.
Leading carmakers are considering raising prices of their vehicles across the board, if the government withdraws the excise duty benefit in the coming Budget.
After delaying liberalisation for foreign banks by over a year due to global financial meltdown, the Reserve Bank on Tuesday decided to review its position by September this year in the wake of improving conditions worldwide.
The move indicates that Morgan Stanley would keep a watch on its risk-taking ability a year after the global financial meltdown.
Rentals for commercial complexes fell sharply and the land, developers felt, could be employed for other purposes.
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