The challenge is to enhance opportunities for people to generate livelihoods through entrepreneurship, both big and small, argues R Jagannathan.
A gush of Federal money helped in avoiding an economic meltdown.
As Indian exporters feel the heat of recession, let's take a look at where India stands as far its top trading partners are concerned.
'Is it too much when senior -- very senior --politicians fear the law so little that they accept payment through cheques, something that can be easily traced?'
The world's largest economy, the US, is now in recession for 18 straight months, one of the longest since the 1930s Great Depression, amid rising hopes of an early economic revival.
According to Jason White, leader of Hewitt's business performance improvement, cost-cutting and layoffs are amongst the biggest concerns of companies today. He urges struggling firms to change the way people are organised, utilised and managed.
Have the supervisory agencies in the main financial centres learnt their lesson and adjusted their policies accordingly
Global oil demand will collapse next year and commodities will not return to the highs they reached this summer in the foreseeable future, two authoritative reports said on Tuesday as they forecast a long and painful worldwide recession.
There are 'troubling similarities' between US President Barack Obama's financial actions with those of policymakers during the Great Depression in 1930's, a new study has claimed, warning the country's policies might have the potential to consign it to a similar fate as Argentina.
At a recent brainstorming session on 'After effects of Financial Meltdown: World Economy', held at the Amity Campus in Noida, Uttar Pradesh, Lord Meghnad Desai expressed his views through a written message, as he could not make it to the event.
G20's success will hinge on outcome of follow-up measures
The short-term recommendations include improvements to regulatory coordination and oversight that regulators can make quickly. The blueprint recommends creating a new federal commission for mortgage origination to protect consumers better. The report also recommends modernizing the President's Working Group on Financial Markets and clarifying the Federal Reserve's liquidity provisioning.
Addressing a meeting of top US corporate leaders, hours before the Congress finally passed the $789 billion stimulus package, Obama said this is the beginning of the hard work they all would have to do in coming years to bring the country's economic back on track.
This is clearly the worst financial problem we've had since the Great Depression," as Joseph Stiglitz told a radio show in New Zealand on Wednesday morning.
Barack Obama's audacious agenda of stimulus, reform, and regulation will shake up every business and industry
As the global economic crisis deepens, policymakers need to shed received wisdom and act pragmatically.
Unemployed Paul W Nawrocki of New York, hangs a poster around his neck seeking job, giving his resume to everyone, outside the Grand Central Station, 42nd Street New York on November 8, 2008. Employees across the globe are worried with many global giants laying off their staff in big numbers in the wake of the global financial crisis.
American President Barack Obama on Tuesday extended the tenure of US Federal Reserve Chairman Ben Bernanke by another term.
US President Barack Obama on Thursday said he has managed to pull the American economy back from brink; which has been experiencing the worst recession since the great depression of the last century.
It vowed to 'Keep America Rolling' after 9/11 terror attacks and also solved a puzzle about one of its Pontiac cars not liking vanilla ice cream, but it could not avoid bankruptcy, even with the help of the United States government.
Will people buy as many cars as before if more office-goers are working from home? How much existing office space in commercial buildings will become surplus, and what will that mean for the construction industry, asks T N Ninan.
America officially entered into recession in December 2007, according to National Bureau of Economic Research of the US. The 17 months of recession also coincides with the G-20 meet on April 2 in London, where the world leaders would be coming together to discuss ways to tackle the meltdown.
Tyson said he wants to spread word of the benefits of psilocybin as widely as possible, which is why he has partnered with Wesana.
Meeting in the midst of an economic crisis, which is said to be the worst-ever after the great depression of the last century, and during the crucial hase of the war against terrorism, US lawmakers are eager to get cracking from day one when the 111th Congress convenes next week.
The 94-year-old economist was a senior research fellow at the Hoover Institution at Stanford University from 1977 to 2006.
Reduce high-cost loans, create a contingency fund and play long term. These are the only mantras to survive during a slowdown.
She also alleged an atmosphere prevailed where opposition parties were also afraid of 'horsetrading, harassment and political vendetta'.
'Our Left is squeamish about democracy. They are so mechanical they have only dogma.'
Smith's three double centuries against England is second only to Bradman's record five, while his 11th Ashes ton moved him past Steve Waugh's 10 into outright third overall. Only Bradman (19) and England's Jack Hobbs (12) have more Ashes hundreds.
It is thanks to the policy of liberalisation conceived by Manmohan Singh and enforced by P V Narasimha that the Indian economy has now become the world's 5th largest economy by nominal GDP, asserts Dr Sudhir Bisht.
'What Trump and Kim have demonstrated is that leaders need not remain prisoners of the status quo and they can, by showing the necessary will and courage, break out of the hang-ups and constrictions of the past and carve out a new pathway for themselves,' says B S Raghavan.
Sam Bahadur is a mechanical summary of his life, ticking off one chapter after another without bothering to pause or ponder over their significance and influences, observes Sukanya Verma.
Kotak Bank was the top loser in the Sensex pack, cracking around 6 per cent, followed by Hero MotoCorp, Bajaj Finance, Maruti and HDFC twins. On the other hand, HUL, HCL Tech, ITC and Nestle India were among the gainers.
"Crisis management has been elevated to a very fine skill under his tutelage," said Lyle Gramley, a former member of the US Fed board.
rediffGURU and yoga expert Radhika Iyer offers advice on how yoga can help you improve your overall health and wellness.
'I am honest, hardworking, spiritual, a bit of a hypochondriac, and fun!'
'Sanjay Dutt is a survivor, and I have seen his spirit adjusting to that. He writes letters. From the tone of the letters, you can sense whether he is depressed on that day or if he's better,' Rajkumar Hirani tells Patcy N/ Rediff.com
'Kejriwal took political steps and micro level care at every level not to allow the consolidation of Hindu votes behind the BJP,' observes Sheela Bhatt, the distinguished political commentator.
rediffGURU and wellness expert Roopashree Sharma tells you how you can use natural methods to improve your health.
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