The World Bank warns that the world will see a slower growth that will require tighter and better supervision of the financial system.
Real GDP grew by a respectable 7.8 per cent in the first half of FY'09, which was lower than its expectations but, it was nevertheless in line with its view that the economy was growing at a healthy pace and that fears of a slowdown were misplaced, CMIE said. The agricultural sector grew by 2.7 per cent during the quarter ended September 2008, lower than CMIE's expectations.
India along with Japan and China is among the top five countries in the Asia-Pacific region with the highest number of merger and acquisition deals in the first three months of this year, even as the economic downturn has impacted the overall M&A activity in the region.
While returning from Beijing after attending the Asia Europe Summit, Prime Minister Manmohan Singh gave media persons an insight into his views on the Indian economy, his economic legacy of last four-and-a-half years, reforms done and not done, farmer's land issues and even on Tata's Nano project.
Left without as much work for all its employees, Infosys is offering some of them an option to work with a non-profit organisation for a year and get paid half their salary by the IT major, its co-founder Nandan Nilekani has said.
Ever wondered why the difference between a Santro Xing GL and a Santro Xing GLS was over Rs 30,000 although both looked the same? This article will try to give you a breeze through into what adds cost to a car.
Business tycoon Nusli Wadia has dragged G L Raheja and kin, Sandeep G Raheja and Sonali G Raheja, and Ferrani Hotels belonging to the GL Raheja Group to the Bombay high court. The dispute is about violating the agreement between Wadia and the Rahejas on developing nearly 478 acres in Malad in the western suburb of Mumbai.
The LPG variant will be priced Rs 21,500 more than the existing petrol model. The ex-showroom Delhi price for Santro eco (GL) is Rs 354,294 and Santro eco (GLS) is Rs 373,357.
Derek Lomas came to India as an intern, and fell in love. His Valentine to the country, Krishnakumar P finds, is high tech adapted to the low-end needs of the unprivileged
With India and China becoming more powerful and tilting the balance to the East, it is necessary for the West to seek partnership with them instead of struggling "for hegemony" in the "new world", former British premier Tony Blair has said. "In the next two decades China and India will undergo industrialisation four times the size of the United States and at five times the speed," Blair, now a special envoy to the Middle East, told the Yale alumni.
"We have examined the Bharti-Wal-Mart joint venture and everything is in conformity with the existing policy on FDI in retail," high-level sources in the commerce and industry ministry said.
GMR's team will be based in Johannesburg with young Protea paceman Kagiso Rabada as its marquee player while Khan's outfit will be based in Cape Town with left-handed batsman JP Duminy as the marquee player.
IIMs have categorically asked the government not to interfere in their internal affairs so that they can smoothly carry out their work of making IIMs a global brand on par with the big B schools like Harvard and Wharton.
Automotive major Mahindra & Mahindra is planning to enter the US with a sports utility vehicles and pick-ups.
A few things NaMo could do to make his England yatra unforgettable.
India is at the edge of a precipice. It can now take off and soar, going ever higher, it can stay where it is; or it can suddenly begin to fall. Giving it wings and confidence is the IT-BPO sector, says Nasscom president Kiran Karnik.
It will contest 25 of the 66 seats in the region, in Maharashtra.
Dell, the most profitable computer maker in the world, announced on Friday that its Indian operations will employ close to 10,000 people by the end of the current year.
Acer, one of the world's top five branded PC vendors, on Wednesday announced the launch of its Acer Power 290 series PC for the SMB market, based on Intel's latest Pentium 4 processor technology.
China has shown the way to other developing countries in how to carry forward economic development setting aside border disputes and political differences, participants at a Confederation of Indian Industry meet said in New Delhi.
Matthew J Szulik, Chairman, Chief Executive Officer and President, Red Hat will visit India from February 7 to February 12.
The diesel variants of the C-Class will be available as completely built units.
Hyundai Motor India Ltd (HMIL), India's second-biggest carmaker, on Friday launched premium hatchback Getz to enlarge its product portfolio and boost sales.
Luxury carmaker Mercedes-Benz launched an upper-end variant of its flagship luxury sedan E-Class in diesel version -- E350 -- making it the eighth of the planned 10 launches this year.
Hrithik Roshan was humbled while shooting for Farhan Akhtar's Lakshya.
With international crude oil prices spiralling to a 12-year high at over $37 a barrel, Petroleum Minister Ram Naik pinned hopes on Finance Minister announcing some fiscal measures to avoid a certain increase in prices of petroleum products,
Glass company Asahi India Glass Ltd on Friday said it would invest Rs 50 crore (Rs 500 million) in setting up a plant to manufacture automotive safety glass in Chennai.
India skipper Virat Kohli and his predecessor Mahendra Singh Dhoni are among the top players who are set to be retained by their respective IPL franchises, Royal Challengers Bangalore and comeback outfit Chennai Super Kings respectively.
Asus ROG Strix Scar II stands apart with its thin bezels, better battery and impressive audio - all worthy upgrades to the Strix Scar launched earlier this year, says Rahul Saha
A special Central Bureau of Investigation court in Ahmedabad issued a non-bailable warrant against Additional Director General of Police PP Pandey, named as one of the accused in the CBI charge-sheet in the 2004 Ishrat Jahan fake encounter case.
General Motors India on Wednesday reduced its car prices by Rs 24,800-Rs 43,000 following the eight per cent cut in excise duty in the 2003-04 Budget.
Priced at Rs 80.40 lakh, the GLS is definitely better-looking, better-equipped, and a more likeable version of an already successful full-sized luxury SUV
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