The US and Europe are at the forefront of trying to resolve the global economic crisis and are making progress towards prosperity again, US Secretary of State Hillary Clinton has said.
Madrid's Olympic bid team said on Wednesday that Spain's debilitating economic crisis is ending and the country will have no problem covering investments and rallying support at home to host the 2020 games.
The Congress party has strongly criticized the Union Budget, calling it 'lacklustre' and 'disappointing,' claiming it fails to address the needs of farmers, unemployed youth, and other key sectors.
What we are watching is something different: A fog manufactured and maintained by the people who started the war, so that the question of why it was started never has to be answered, observes Prem Panicker in his must read blog on the war in the Middle East.
'Within six months I expect petrol, diesel, and electric vehicles (EVs) to reach cost parity,' says Union Minister for Road Transport and Highways Nitin Gadkari.
On the back of an aggressive asset monetisation push, the government will press the throttle on the build-operate-transfer (BOT) model - under which private developers fund highway construction - for future highway development, Union Minister for Road Transport and Highways Nitin Gadkari said.
The year 2020 could see the worst global economic fallout since the Great Depression in the 1930s, with over 170 countries likely to experience negative per capita income growth due to the raging coronavirus pandemic, IMF Managing Director Kristalina Georgieva said on Thursday. Georgieva made the remarks during her address on 'Confronting the Crisis: Priorities for the Global Economy' in Washington, DC, ahead of next week's annual spring meeting of the International Monetary Fund and the World Bank.
Trade deals ease risks for Indian equities, but weak demand and stretched valuations raise questions over whether optimism -- especially in smallcaps -- can turn into a sustained bull run, points out Debashis Basu.
The employment situation remains dire. Whatever can be done to promote greater low-skill employment should be pursued aggressively, advises former chief economic adviser Shankar Acharya.
Tamil Nadu Chief Minister M K Stalin on Saturday claimed that Governor R N Ravi 'insulted' the gubernatorial position he holds, by not reading out the speech at the commencement of the assembly session.
'When young doctors see limited protection, unpredictable careers and an absence of institutional support, they hesitate.'
'This encourages escapism through the politics and economics of nationalism, made worse by tribalism or nativism, the package accompanied inevitably by the erosion of institutional bulwarks and therefore State capture by powerful businessmen,' notes T N Ninan.
'No, India and China were not about to go to all-out war over a few rocks of Galwan.' 'The full picture of what went on at the highest level between two heads of State will not be known for a very, very long time and rightly so,' points out Colonel Anil A Athale, former head of the history division, ministry of defence.
The American economy is resilient and durable enough to withstand the challenge posed by the ongoing economic crisis in China, the White House said while asking Beijing to move towards a transparent economy and a market-based currency system.
A large-scale international study published in the journal, Molecular Psychiatry, has been tracking over 7 lakh individuals and has shown that 34.6 per cent of mental disorders begin before the age of 14 years, 48.4 per cent before 18 years and 62.5 per cent by the age of 25 years.
Is the parabolic rise in silver running out of steam or just getting started? Ramalingam Kalirajan offers his take on if you should invest in silver now?
The other dominant fear among the people is the irrational behaviour of people, once the lockdown is lifted.
The Competition Commission of India, following its preliminary inquiry, said the airline appeared to have caused an appreciable adverse effect on competition by restricting its services.
The recent financial crisis and prospects of a prolonged downturn in global economic activity have once again invigorated the critiques of global financial integration and free trade.
The Economic Survey, to be tabled in Parliament on Thursday, is likely to provide an assessment of the impact of the global financial meltdown on the Indian economy and outline the strategy to spur growth and contain the mounting fiscal deficit.
A customer wanting to buy a car would have to wait a long time for delivery.
Her mission: Making Mother Earth cleaner and greener!
Real GDP growth surprised on the upside in 2025, but weaker nominal growth, trade uncertainty, and soft demand signal a bumpier road ahead.
I am inclined to believe that the Venezuela adventure is not an indication of American strength, alas, but rather of American weakness, points out Rajeev Srinivasan.
'This calls for a very serious investigation, investigation and introspection both.' 'Wherever we went wrong needs proper introspection; but the results also need investigation.'
As he is laid to rest, Indian cricket bids farewell to one of its greatest administrators -- a visionary who understood that breaking monopolies and building stadiums were about the same thing: Giving millions of cricket-loving Indians the infrastructure worthy of their passion.
Due to India's limited dependence on external demand and strong fiscal and monetary stimulus measures, the global economic and financial crisis had a relatively muted effect on the country, the Obama Administration told the US Congress on Thursday.
The US government, under President Trump, justifies the intervention as a security necessity rather than a resource grab. The primary official reasons include: narco-terrorism charges, national security and migration crisis.
We forget that, three months ago, the over-riding economic problem in India was inflation. So the good news is that the tide has turned.
'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'
Wickremesinghe, 76, was arrested at the Criminal Investigation Department (CID) headquarters, where he was summoned to record a statement in connection with an investigation into the alleged misuse of government funds, police said.
'Vajpayee used to consult the Opposition; Indira Gandhi used to consult the Opposition. Which khet ki mooli is Modi?'
'The immediate impact for India will be very minimal as the share of Venezuela in our total overseas production is very low.'
In July, the Pakistan government's debt swelled to USD 2.44 billion, including USD 2.07 billion in non-guaranteed debt owed to China, as per Geo News.
With its economy battered by the devastating floods, Pakistan must make peace with India and normalise its economic ties if it wants to overcome the crisis, a noted American scholar has said.
'Only four or five original companies remain; the rest have been replaced every decade as sectors evolve or leadership shifts.' 'Companies that fail to adapt -- like many textile mills from the 1970s and shipping firms from the 1980s -- disappear.' 'Benchmark indices reward those who reinvent themselves in line with economic demands.'
Long before he became Venezuela's president, Nicolas Maduro's life intersected with India in a profound personal way.
There are vexing questions around the disconnect between Nifty returns and portfolio returns, between economic growth and earnings growth, and finally, between earnings growth and market returns, points out Debashis Basu.
There are "grave implications" of the current economic downturn for 1.5 million people of Indian origin working and living in Britain, according to the Indian Workers Association.
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