credit crunch

British couples find kids too costly


May 11th, 2012 - 1:39 pm ICT by IANS
London, May 11 (IANS) Rising cost of bills, petrol and food is making many British couples shelve their plans to start a family, says a survey which found four in ... Read more...

Posted in Uncategorized |

Euro on brink of collapse: IMF


April 18th, 2012 - 10:57 pm ICT by IANS
London, April 18 (IANS) The crisis-hit euro is teetering on the brink of collapse, the International Monetary Fund (IMF) has said.In a significant vote of no-confidence, Tuesday's report from the ... Read more...

Posted in Business |

US new home sales fall 1.6 percent in February


March 24th, 2012 - 1:08 am ICT by IANS
Washington, March 23 (IANS) Sales of new single-family houses in the US declined in February, the Commerce Department said Friday.Sales of new single-family houses in January dropped to a seasonally ... Read more...

Posted in Business |

`Worst of Eurozone crisis is over’


March 23rd, 2012 - 2:07 pm ICT by IANS
Frankfurt, March 23 (IANS) The worst of the Eurozone crisis is over and the situation is stabilizing, European Central Bank (ECB) president Mario Draghi has been quoted as saying.Draghi made ... Read more...

Posted in Business |

China cuts bank reserve requirement


February 19th, 2012 - 9:33 pm ICT by IANS
Beijing, Feb 19 (IANS) China's central bank has lowered the reserve requirement ratio (RRR) of banks by 50 basis points to ease a short-term credit crunch.The cut, the second in ... Read more...

Posted in Business |

China manufacturing hubs see less profits


February 11th, 2012 - 7:45 am ICT by IANS
Beijing, Feb 11 (IANS) Rising manufacturing costs and weak external demand for China-made goods have dented the profits of industrial hubs in southeast China.Industrial output in Guangdong surged 20.9 percent ... Read more...

Posted in Business |

Anxiety disorders mount since credit crunch


January 1st, 2012 - 5:34 pm ICT by IANS
London, Jan 1 (IANS) The number of people with anxiety disorders has more than quadrupled in four years. Some of this could be explained by an expansion in counselling services ... Read more...

Posted in Health |

British queen’s pay rise ruled out


December 6th, 2011 - 12:00 am ICT by IANS
London, Dec 5 (IANS) Britain's Queen Elizabeth II is facing a four-year pay freeze as austerity measures bite at Buckingham Palace, a media report said Monday.Figures show the Queen, whose ... Read more...

Posted in Politics |

Comedy chat show ‘The Kumars at No.42′ set for a comeback


March 17th, 2011 - 12:54 pm ICT by ANI
London, Mar 17 (ANI): Hit comedy chat show 'The Kumars at No.42' is set to return to tickle your bone-but with a "credit crunch" setting.According to TV Biz, creator Sanjeev Bhaskar said ... Read more...

Posted in Entertainment |

Bankers got a kick out of the global recession, says academic


October 23rd, 2010 - 1:59 pm ICT by ANI
Washington, Oct 23 (ANI): An academic at Cardiff University have said that the bankers who brought the global economy to its knees two years ago may have enjoyed the sensation of losing ... Read more...

Posted in World |

New projects under implementation see 10 percent rise


September 22nd, 2010 - 5:18 pm ICT by IANS
New Delhi, Sep 22 (IANS) In a sign of a pick-up in fresh investments by corporate India, the value of projects under implementation has risen 10 percent in the first quarter of ... Read more...

Posted in Business |

Britons spent 50.5 mn pounds on gadgets during recession


August 26th, 2010 - 7:34 pm ICT by IANS
London, Aug 26 (IANS) Technology buff Britons spent a whopping 50.5 million pounds on gadgets last year when recession was the buzz word for economists across the world. Spending on technology such as ... Read more...

Posted in Business |

Britain to see baby boom as harsh winter forced couples indoors


August 26th, 2010 - 12:50 pm ICT by IANS
London, Aug 26 (IANS) The severe winter coupled with the credit crunch could be behind a baby boom that is expected to hit Britain next month, exactly nine months after life came ... Read more...

Posted in Life Style |

Sensex rebounds, at 10-month high (Roundup)


May 10th, 2010 - 8:41 pm ICT by IANS
Mumbai, May 10 (IANS) A benchmark index for Indian equities Monday rebounded from last week's losses to touch a 10-month high. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), ... Read more...

Posted in Business |

Sensex up 3.46 percent, pares last week’s losses (Second Lead)


May 10th, 2010 - 5:20 pm ICT by IANS
Mumbai, May 10 (IANS) A benchmark index for Indian equities Monday recouped most of its last week's losses, ending 3.46 percent higher than its previous close. The 30-scrip sensitive index (Sensex) of ... Read more...

Posted in Business |

Newlyweds prefer cash to traditional wedding lists


May 4th, 2010 - 6:19 pm ICT by ANI
London, May 4 (ANI): The next time you attend a friend's marriage, don't choose your gift from a wedding list, instead give the couple some cash-at least that's what a survey suggests.The ... Read more...

Posted in Life Style |

Barack and Michelle Obama double their income to $5.5m in 2009


April 16th, 2010 - 1:13 pm ICT by ANI
London, Apr 16 (ANI): The credit crunch did not really touch the Obamas, as the US President and wife Michelle earned 5.5 million dollars in 2009, which is more than twice ... Read more...

Posted in World |

Oddest book title of the year: ‘Crocheting Adventures with Hyperbolic Planes’!


March 26th, 2010 - 5:58 pm ICT by ANI
London, March 26 (ANI): 'Crocheting Adventures with Hyperbolic Planes' has won the Diagram Prize, which rewards the oddest book title of the year.Dr Daina Taimina, a mathematician at Cornell University in New ... Read more...

Posted in World |

England football fans furious over ‘rip-off’ for watching World Cup


March 22nd, 2010 - 3:53 pm ICT by ANI
London, Mar 22(ANI): England football fans will be facing a enormous bill of 6,400 pounds each to watch manager Fabio Capello's team play in this summer's World Cup in South Africa, which ... Read more...

Posted in Sports |

Upcoming film to explain role of “Karma” in Tiger Woods’ famous apology


March 9th, 2010 - 6:05 pm ICT by ANI
Nevada (US), Mar 9 (ANI): A new film, titled "Karma: The New Revolution", will explain the role of Karma in the recent golfer Tiger Woods' apology, according to reports.Reportedly releasing on ... Read more...

Posted in Entertainment |

Tracing the shattered dreams of many Dubai Indians


February 3rd, 2010 - 3:53 pm ICT by IANS
By Kul Bhushan New Delhi, Feb 3 (IANS) It's a novel that looks at the hard lives of poor Indian migrants in search of their pot of gold in Dubai - a work ... Read more...

Posted in Uncategorized |

Improved economy to send divorce rates soaring this New Year


December 26th, 2009 - 4:25 pm ICT by ANI
London, Dec 26 (ANI): With the economy improving, a record-breaking surge in divorces is expected this New Year.The credit crunch held back many warring couples too skint to afford splitting assets, reports ... Read more...

Posted in World |

Nearly one in five Hong Kong firms to recruit as economy rallies


December 8th, 2009 - 2:34 pm ICT by IANS
Hong Kong, Dec 8 (DPA) Nearly one in five Hong Kong companies plan to take on new staff as the city's economy recovers strongly from the downturn, a survey found Tuesday. Seventeen percent ... Read more...

Posted in Business |

I get credit crunch nightmares: NRI ex-minister


December 4th, 2009 - 6:22 pm ICT by IANS
By Dipankar De Sarkar London, Dec 4 (IANS) A powerful Indian-origin troubleshooter who helped restore economic order in Britain amid the impending collapse of high street banks says the year-old crisis still ... Read more...

Posted in Business |

Recession ‘cuts down’ carbon dioxide emissions


November 14th, 2009 - 12:34 pm ICT by ANI
London, November 14 (ANI): The rise of global greenhouse gas emissions has been held back by recession, according to researchers.Experts at the Economic and Social Research Council's (ESRC) found that global emissions ... Read more...

Posted in Health Science |

China’s super-rich only second to US


October 13th, 2009 - 7:58 pm ICT by IANS
Beijing, Oct 13 (IANS) China's super-rich have bounced back from the financial crisis, and the country now has more known dollar billionaires than any other nation except the US, a study released ... Read more...

Posted in Business |

World coffee body mulls forum to finance producers


October 8th, 2009 - 4:39 pm ICT by IANS
Bangalore, Oct 8 (IANS) The International Coffee Organisation (ICO) is planning a forum to arrange institutional finance to producers facing credit crunch, a top official said here Thursday. "We plan to set up ... Read more...

Posted in Business |

Argentine president to visit India Nov 13-15


October 6th, 2009 - 4:08 pm ICT by IANS
New Delhi, Oct 6 (IANS) With India and Latin American nations warming up to each other like never before, Argentine President Cristina Fernandez de Kirchner will pay a three-day visit to ... Read more...

Posted in Business |

Pammie fuels credit crunch rumours


October 2nd, 2009 - 5:05 pm ICT by ANI
Washington, Oct 2 (ANI): Pamela Anderson has fuelled rumours about her credit crunch after being pictured exiting a financial consulting company.The 'Baywatch' babe recently hit out at reports that claimed she ... Read more...

Posted in Entertainment |

More BPO service providers will exit market: Gartner


September 30th, 2009 - 6:34 pm ICT by IANS
New Delhi, Sep 30 (IANS) More business process outsourcing (BPO) service providers in India will exit the market in coming years, as it is difficult for them to stay afloat in the ... Read more...

Posted in Business |

Man U’s Ferdinand takes family on 400-pound Welsh ‘caravan break’


September 10th, 2009 - 4:56 pm ICT by ANI
London, Sep.10 (ANI): Manchester United footballer Rio Ferdinand took his family on a 400-pound caravan break in North Wales, snubbing more expensive but affordable holidays to St Tropez, New York or Barbados. ... Read more...

Posted in Sports |

Pranab begins BRIC meetings, India asked to plug IMF funding hole (Lead)


September 4th, 2009 - 9:58 pm ICT by IANS
By Dipankar De Sarkar London, Sep 4 (IANS) Finance Minister Pranab Mukherjee began meeting with his counteparts from Brazil, Russia and China ahead of a G20 meeting here Friday, as two ... Read more...

Posted in Business |

Europe looks to India to plug IMF funding hole


September 4th, 2009 - 5:46 pm ICT by IANS
By Dipankar De Sarkar London, Sep 4 (IANS) Finance Minister Pranab Mukherjee began meeting with his counteparts from the G20 group of countries here Friday, as two key European leaders said India ... Read more...

Posted in Business |

EU finance ministers declare war on bankers’ bonuses


September 2nd, 2009 - 5:13 pm ICT by IANS
Brussels, Sep 2 (DPA) The European Union's finance ministers were meeting in Brussels Wednesday in a bid to curb bankers' bonuses amid strong opposition from Britain, home to the bloc's most ... Read more...

Posted in Business |

Attempt to break Elvis impersonator world record bites the dust


September 1st, 2009 - 5:53 pm ICT by ANI
London, September 1 (ANI): An attempt to have the most number of Elvis Presley impersonators bit the dust after only 29 people turned up.Organisers of the event had their fingers crossed ... Read more...

Posted in Entertainment |

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