Democracy and terrorism, the two pet themes of the 2005 summit, were largely left unsaid in the official briefing on the September 25 summit. The omission, observers say, speaks volumes about the realities the US is facing in the global war on terror, in responding to Russia's aggressive manoeuvrings, managing anti-US sentiment in Pakistan, and battling a resurgent Taliban in Afghanistan
With the financial meltdown in the US gripping his administration, President George W Bush told Prime Minister Manmohan Singh that the one person he wanted to spend time with was the Indian leader for his calming and serene effect.
According to travel management companies, travel budgets of financial sector majors have seen a fall of 40 per cent this year compared with the decline in other segments, like manufacturing, which has shrunk by 20 per cent and IT, which has seen a drop of 10-15 per cent. Global travel conglomerates like Radius, which have a formidable presence across the globe because of the travel agents' network, said times are tough as a majority of businesses are shrinking.
The market, which has been hit by global meltdown, would stabilise within a period of 16-18 months and by July-August 2010 the volume should rise, IMBS chairman and executive director of Indian Bank A Subramanian told reporters. Despite the global meltdown and southward movement of share broking business across the country, he was hopeful that with an improving market IMBS would surpass Rs 5,000 crore (Rs 50 billion) business in the next two years.
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.
Anil Ambani-promoted Reliance Power is likely to announce the financial closure of its 3,960-Mw Sasan ultra mega power project (UMPP) in a few weeks.
The state-run Oil India Ltd has raised a war chest $1.5 to 2 billion and is eying acquisition of small to medium sized oil producing companies overseas.
The airline is currently conducting the exercise to have 30-50 pilots and 50 cabin crew on board in the next few days. It became the third largest carrier by flying 4,41,000 passengers in November with a market share of 14.7 per cent.
According to an analysis of the changes in the listed companies' shareholding patterns since the beginning of this year, the number of companies where foreign institutional investors have raised their holding is bigger than that of those where FII holdings have gone down.
US President-elect Barack Obama has said that his country, in the middle of an economic recession, is in a very difficult spot and the situation is getting worse.
A city which witnesses festivities on New Year eve every year, Delhi is sans 'lights', 'cards', 'gifts' and jubilation this season with five star hotels refraining from bright decorations and advertising festivities to attract patrons.
Here's how you can make a financial plan that will help you create wealth even in the face of an economic meltdown.
In a year that saw inflation touching a 13-year high of 12.82 per cent in August, the 150 million cases beer market grew by 15 per cent, according to All India Breweries Association figures. The wine segment, which has a total market size of around 1.5 million cases, posted even a higher growth rate of 30 per cent, as per International Wines and Spirits Record, while other alcoholic beverages, with a market size of 190 million cases, grew at 15 per cent.
India's auto component makers are facing one of the biggest crises ever. With the domestic market in the doldrums and the exports to the American market badly hit, many companies are on the verge of shutting down.
CPI-M- MP from Serampore, West Bengal, Santasri Chatterjee said the government should understand that the Unorganised Workers' Social Security Bill in its present form would not be able to fulfil the aspirations of the workers in the sector. BJP MP Satyanarayan Jatiya said 94 per cent of the workforce falls under the unorganised sector and there was a need to set up a mechanism to look into their specific needs.
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.
Maintaining a bullish stance despite the meltdown in the stock market, renowned fund manager Madhusudan Kela on Wednesday said the current fall gives great opportunity to buy good stocks. He said Market will be in consolidation mode for the next 4-6 months. Investors should start buying into high conviction ideas. On the sectoral front, for the next 2-3 months bank stocks may not see any great news and the amount of derivative losses is yet to be measured.
The country must thank God and the previous Reserve Bank of India Governor Y V Reddy for safeguarding the banking system in India from the global financial meltdown, Punjab National Bank's chairman and managing-director K C Chakrabarty said on Sunday.
China's Zheng Jie capitalised on a final set meltdown by world number one Dinara Safina to reach the quarter-finals of the LA Championships with a 7-5, 4-6, 6-4 victory over the Russian on Thursday.
On slashing down prices, P Balendran, vice-president GM India, said the firm which had been offering discounts ranging from Rs 20,00 to Rs 50,000 across the range, besides a discount of Rs 3,000 to Rs 5,000 to government and PSUs during the festival season would continue it (discount) till the end of this month.
The subprime crisis and the ongoing financial crisis and the economic downturn may get worse before it gets any better in the American economy and the effect might as well spill over to 2010, warned American economist James R Barth.
French carmaker Renault on Thursday posted a net loss of 2.7 billion euro for the six months ended June 30 as all its major markets shrank due to the global economic meltdown.
His faith in India remains unshaken but steel magnate Lord Swraj Paul has little doubt that it will suffer badly in the current global economic meltdown, a view contrary to that of many economists who feel that the country's strong domestic economy will help it deal with the crisis.
"We have not laid off anything. The lay-off could happen in future in case the demand further goes down," DLF chairman K P Singh said at an Assocham event in New Delhi. He clarified that as of 'today' DLF has not laid off anybody.
The Indian market has corrected a lot already. Valuations are clearly more attractive than they were earlier this year.
Despite its massive population, India faces worker shortages in many sectors. Rapid growth means businesses must offer higher wages to keep employees
Australian Nick Kyrgios has pulled out of the Rotterdam Open in February to play in basketball's NBA All-Star Celebrity Game, tournament director Richard Krajicek was quoted as saying on Wednesday.
Mahendra Singh Dhoni and his 'Dad's Army' moved to within one win of a third IPL title.
The inflation was 11.80 per cent a week ago. The index for fuel prices declined by 1.1 per cent on account of lower prices of naphtha, aviation turbine fuel and furnace oil.
These elite up-and-coming companies have more than just great financials.
Mature markets globally have either become saturated or have slowed down. The emerging markets have therefore become strategically important for these companies. The contribution of Indian operations to the global sales of these multinational behemoths is still small -- 1.5 to 3 per cent -- but this share is bound to grow given the buoyancy in the Indian market.
Gold prices on Friday reached an all-time high of Rs 14,200 per 10 gram in the Delhi bullion and analysts said the trend is likely to continue in the coming days.
Needing 165 to beat Rajasthan, Bangalore were cruising at 75 for one in the ninth over with de Villiers (53) and Parthiv Patel (33) well set before the wheels came off their chase courtesy of some poor shot selections by subsequent batsmen.
Are you planning to buy a flat in the near future? If yes, then should you wait for another 6-9 months given the global meltdown in financial markets?
Trump's verbal barbs directed at Alicia Machado, who won the Miss Universe title in 1996, started after the first presidential debate Monday when Hillary Clinton mentioned her and claimed that Trump used to call her "Miss Piggy" and "Miss Housekeeping."
Goyal's move was criticised by the Opposition saying with general election months away, the Prime Minister Narendra Modi-led government had mandate only to present a vote on account and a Budget containing direct tax proposals.
The one total disaster scenario for global markets has always been if investors lose confidence in dollar-based assets.
Once your fallen predecessor is gone and the crisis PR managers have departed, as CEO of a damaged vessel, the board is expecting you to lead the corporation
Fifth seed Elena Dementieva recovered from a mid-match meltdown to beat fellow Russian Nadia Petrova 6-1, 6-7, 6-3 on Tuesday and reach her first Wimbledon semi-final.
However, in the long run, one could expect Emaar MGF to do an encore of DLF. Long term investors who buy into the great Indian growth story will reap handsome rewards from this issue.
