current economic situation

Spanish consumer confidence at all-time low


August 4th, 2012 - 10:55 am ICT by IANS
Madrid, Aug 4 (IANS/EFE) Spain's ICC consumer confidence index dipped in July to its lowest level since the monthly survey was launched, the official Center for Sociological Research said.The ICC, ... Read more...

Posted in Business |

Economic growth to be above 8 percent, steps for foreign investments: Chidambaram (Lead)


July 5th, 2012 - 11:34 pm ICT by IANS
Kolkata, July 5 (IANS) Exuding confidence that the Indian economy will bounce back to a growth rate of above 8 percent, union Home Minister P. Chidambaram said Thursday steps ... Read more...

Posted in Business |

Spain’s recession to worsen, says minister


July 2nd, 2012 - 12:52 pm ICT by IANS
Navacerrada (Spain), July 2 (IANS/EFE) Spain's economic recession is getting worse, and the economic figures from the second quarter point to a "slightly greater" decline of the gross domestic product ... Read more...

Posted in Business |

Wall Street mixed on Fed’s modest action


June 21st, 2012 - 9:06 am ICT by IANS
New York, June 21 (IANS) US stocks ended mixed Wednesday on the Federal Reserve's modest monetary policy.The Fed said Wednesday that it will continue Operation Twist through the end of ... Read more...

Posted in Business |

Vedanta sells 3,000 tonnes aluminium at premium


June 20th, 2012 - 8:38 pm ICT by IANS
Bhubaneswar, June 20 (IANS) Anil Agarwal-promoted Vedanta group, India's largest aluminium producer, Wednesday said it has sold 3,000 tonnes of aluminium to an Asian buyer at $220 per tonne premium ... Read more...

Posted in Business |

Mafia is now ‘Italy’s No.1 bank’


January 11th, 2012 - 11:04 pm ICT by Aishwarya Bhatt
Rome, Jan 11 (THAINDIAN NEWS) The various mafia groups in Italy earn as much as seven percent of the country’s GDP. A new report places spotlight on the finances of the Italian ... Read more...

Posted in Odd news |

Consumer confidence rebounds in US


November 30th, 2011 - 11:59 am ICT by IANS
New York, Nov 30 (IANS/EFE) US consumer confidence in the evolution of the nation's economy rose in November to its highest level since July, The Conference Board said Tuesday.The Consumer ... Read more...

Posted in Business |

Denzel Washington donates $2.25 million to Fordham University


October 6th, 2011 - 8:01 pm ICT by Aishwarya Bhatt
Los Angeles, Oct 6 (THAINDIAN NEWS) Actor Denzel Washington has made a generous contribution to his alma mater, Fordham University. The actor has given the university $2.25 million towards diverse projects.The ... Read more...

Posted in Entertainment |

Economist PM has lost to crony capitalism: BJP


September 30th, 2011 - 10:03 pm ICT by IANS
New Delhi, Sep 30 (IANS) Calling the United Progressive Alliance (UPA) government a failure on the economic front, Bharatiya Janata Party leader Arun Jaitley Friday said Prime Minister Manmohan ... Read more...

Posted in Politics |

Little change in US consumer confidence


September 28th, 2011 - 1:40 pm ICT by IANS
New York, Sep 28 (IANS/EFE) The confidence of US consumers in the economic progress of the country was relatively unchanged in September after falling in August to its lowest point ... Read more...

Posted in Business |

Belarus has the right to IMF loan: PM


June 14th, 2011 - 7:21 am ICT by IANS
Minsk, June 14 (IANS/RIA Novosti) Belarus has the right to receive a loan from the International Monetary Fund (IMF), Belarusian Prime Minister Mikhail Myasnikovich said Monday."We, as the legal IMF ... Read more...

Posted in Business |

Governor M.K. Narayanan says economic situation of West Bengal unsatisfactory


March 9th, 2011 - 1:32 pm ICT by ANI
Siliguri, Mar 9 (ANI): Ahead of scheduled polls in West Bengal, State Governor M.K. Narayanan has said that the current economic situation in the region was not satisfactory and needed to be ... Read more...

Posted in National |

Over 8 in 10 trash Japanese Cabinet’s performance: poll


December 6th, 2010 - 7:53 pm ICT by ANI
Tokyo, Dec 6 (ANI): Public support for Japanese Prime Minister Naoto Kan's Cabinet declined to 25 percent, marking its lowest level since June when it was appinted, according a Yomiuri Shimbun newspaper ... Read more...

Posted in World |

UK offers $11.17 billion loan to Irish Republic


November 23rd, 2010 - 12:34 am ICT by BNO News
LONDON (BNO NEWS) -- The UK Chancellor of the Exchequer George Osborne on Monday announced that the UK offered a direct loan to Ireland of about £7 billion ($11.17 billion) in addition ... Read more...

Posted in Business |

No plans to dilute powers of regulators: Pranab


April 10th, 2010 - 11:08 pm ICT by IANS
Kolkata, April 10 (IANS) Finance Minister Pranab Mukherjee Saturday said the government would not dilute the powers of the regulators, who are doing a good job in the current economic situation. Referring ... Read more...

Posted in Uncategorized |

Malaysia to continue flying MiG-29Ns for five more years


February 23rd, 2010 - 10:01 pm ICT by IANS
Kuala Lumpur, Feb 23 (IANS) Ten MiG-29Ns, serviced and maintained by India, will continue to fly with the Royal Malaysian Air Force for at least five more years, thanks to the country's ... Read more...

Posted in World |

US consumer confidence dips further


February 5th, 2010 - 5:54 pm ICT by IANS
New York, Feb 5 (IANS) Consumer confidence in the US cooled this month as Americans worried about their overall financial situation, according to the latest index of consumer attitudes and spending. The CASH ... Read more...

Posted in Business |

Dell to close North Carolina plant


October 8th, 2009 - 1:45 am ICT by BNO News
WINSTON-SALEM, N.C. (BNO NEWS) – Dell has decided to close one of its U.S. plants, located in North Carolina's Forsyth County, by January of next year, a company spokesman told BNO ... Read more...

Posted in Business |

India’s foreign equity inflows up 56 percent in July


September 10th, 2009 - 8:03 pm ICT by IANS
New Delhi, Sep 10 (IANS) Despite a global slowdown, the inflow of foreign direct investment into India was 56.5 percent higher in July at $3.52 billion against $2.25 billion in the like ... Read more...

Posted in Business |

Only four percent blame Obama for bad shape of US economy


July 30th, 2009 - 5:14 pm ICT by ANI
Washington, July 30 (ANI): After the current financial meltdown, Americans have become slightly more optimistic about the economy, but continue to have negative perceptions of the current economic situation overall.A new ... Read more...

Posted in World |

Minister hints at hiking coal prices


May 29th, 2009 - 9:48 pm ICT by IANS
New Delhi, May 29 (IANS) The government may hike coal prices marginally, Minister of State for Coal (Independent Charge) Sriprakash Jaiswal said here Friday. "Keeping in view the current economic situation, ... Read more...

Posted in Business |

PM sits glued to TV


May 16th, 2009 - 3:37 pm ICT by IANS
New Delhi, May 16 (IANS) Prime Minister Manmohan Singh was Saturday glued to television channels at his official residence here as the 2009 Lok Sabha election results poured in, a party ... Read more...

Posted in Politics |

Rescued American sea captain could make millions from pirate ordeal


April 17th, 2009 - 1:23 pm ICT by ANI
Washington, Apr.17 (ANI): Rescued Maersk Line Captain Richard Phillips could make millions from giving out information on his harrowing experience as a hostage of Somali pirates for five days."Anything heroic is something ... Read more...

Posted in World |

‘Raise people’s morale to improve economy’


April 2nd, 2009 - 1:39 pm ICT by IANS
Toronto, April 2 (IANS) Governments should work more on raising people's morale rather than relying on stimulus packages, says world renowned economist and Yale University professor Robert Shiller. "Governments are the most ... Read more...

Posted in Business |

Srei Infrastructure to borrow $100 mn from Dutch firm


March 23rd, 2009 - 6:21 pm ICT by IANS
Kolkata, March 23 (IANS) Non-banking finance company Srei Infrastructure Finance plans to secure a $100-million external commercial borrowing from the Netherlands-based financial institution FMO, a top company official said here Monday. This is ... Read more...

Posted in Business |

Three in five Americans’ say economic fears are rising


February 26th, 2009 - 4:02 pm ICT by ANI
Washington, Feb.26 (ANI): A new Washington Post-ABC News poll shows that three out of every five Americans' continue to suffer from financial insecurity and believe that the economic crisis is going to ... Read more...

Posted in World, World News |

Over 2,500 couples tied the knot on Valentine’s Day


February 15th, 2009 - 2:27 pm ICT by IANS
Beijing, Feb 15 (IANS) More than 2,500 couples have tied the knot on Valentine's Day in China, an official said Sunday.Valentine's Day is becoming increasingly popular for marriages among the Chinese people, ... Read more...

Posted in Uncategorized |

Killing of Telugus in US linked to recession?


February 8th, 2009 - 12:18 pm ICT by IANS
Hyderabad, Feb 8 (IANS) Is the spate of killings of students and professionals from Andhra Pradesh in the US linked to the economic meltdown and massive job losses in that country? Telugus living ... Read more...

Posted in Politics |

Cash does play key role in keeping couples together during credit crunch


February 6th, 2009 - 5:51 pm ICT by ANI
Melbourne, Feb 6 (ANI): While it is often said that money can''t buy love, an Australian psychologist has cautioned that cash act as a major bonding material when it comes to ... Read more...

Posted in Life Style |

Software major Mindtree Limited posts 16.6 percent growth in Q3


January 19th, 2009 - 7:27 pm ICT by ANI
Bangalore, Jan.19 (ANI): Global IT company Mindtree Limited announced its results today for the third quarter ended December 31, 2008 as approved by its Board of Directors. The company announced that its ... Read more...

Posted in Business |

ArcelorMittal to cut 1,000 jobs even in low-cost Poland


December 4th, 2008 - 11:53 am ICT by IANS
Warsaw, Dec 4 (IANS) In what seems to be a deviation from its stated policy to cut only non-production jobs and also an indication of demand contraction worldwide, the world's largest ... Read more...

Posted in Politics |

ArcelorMittal to cut 9,000 jobs worldwide


November 27th, 2008 - 9:34 pm ICT by IANS
Luxembourg, Nov 27 (IANS) Steel-making giant ArcelorMittal might slash up to 9,000 jobs across the globe, approximately three percent of its total workforce, through voluntary redundancies, the company said in a ... Read more...

Posted in Business |

Economic climate can raise stroke risk


November 27th, 2008 - 1:05 pm ICT by ANI
London, Nov 27 (ANI): The current economic situation can elevate some individuals chance of suffering a stroke, a leading expert has said.According to the psychologist, who will tell the Chartered Institute ... Read more...

Posted in National |

Manmohan Singh hopes financial crises wont result in job losses


November 3rd, 2008 - 10:20 pm ICT by ANI
New Delhi, Nov 3 (ANI): Prime Minister Manmohan Singh on Monday asked India Inc to refrain from knee-jerk reactions like lay-offs after admitting that India was not untouched by the global ... Read more...

Posted in National |

Google Analytics Unveils Enterprise Class Feature Set, Updated Interface, and Integration with Google AdSense


October 25th, 2008 - 11:07 pm ICT by admin
Today at the eMetrics Summit in Washington, D.C., Google Analytics™ web service announced new enterprise-class features including custom reports, advanced segmentation, an API, as well as an updated interface, richer data visualizations, ... Read more...

Posted in Sci-Tech, Technology Industry News |

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