downturn

Thomas Cook’s India business up for sale


February 8th, 2012 - 7:19 pm ICT by IANS
Mumbai, Feb 8 (IANS) Global travel business major Thomas Cook Wednesday said it was in the process of selling its 77.1 percent stake in its Indian subsidiary and had received ... Read more...

Posted in Business |

India’s fiscal deficit projected to fall


January 24th, 2012 - 10:01 pm ICT by IANS
Washington, Jan 24 (IANS) In India, the cyclically adjusted deficit is projected to fall by about 0.50 percent of GDP this year, according to the International Monetary Fund (IMF).However, the ... Read more...

Posted in Business |

Markets rise on CRR cut, Sensex closes tad below 17,000 (Third Lead)


January 24th, 2012 - 5:20 pm ICT by IANS
Mumbai, Jan 24 (IANS) Indian equities markets rose Tuesday with investors cheering an unexpected cut in the cash reserve ratio (CRR) by the Reserve Bank of India. A benchmark ... Read more...

Posted in Business |

Global economy heading for another downturn: RBI


January 24th, 2012 - 2:40 pm ICT by IANS
Mumbai, Jan 24 (IANS) Just after three years, the global economy is heading for another downturn mainly because of eurozone debt crisis that would also pull down India's growth, the ... Read more...

Posted in Business |

Downturn temporary, India will clock high growth soon: Pranab


December 27th, 2011 - 6:02 pm ICT by IANS
New Delhi, Dec 27 (IANS) The Indian economy would soon be on a higher growth trajectory with inflation moderating and the savings rate going up, Finance Minister Pranab Mukherjee ... Read more...

Posted in Business |

Beijing car sales to plummet in 2011


December 24th, 2011 - 5:37 pm ICT by IANS
Beijing, Dec 24 (IANS) Car sales in Beijing will plummet from last year's 890,000 units to 400,000 units in 2011 because of the city's new traffic rules, experts say.Beijing adopted ... Read more...

Posted in Business |

Downturn temporary, return to high growth soon: Pranab


December 14th, 2011 - 6:05 pm ICT by IANS
New Delhi, Dec 14 (IANS) The current downturn in Indian industrial and economic growth is temporary and the country would soon revert to high growth path as it ... Read more...

Posted in Business |

`Brazil’s economic slowdown is temporary’


December 7th, 2011 - 11:17 am ICT by IANS
Rio de Janeiro, Dec 7 (IANS/EFE) The Brazilian economy stalled in the third quarter after eight consecutive quarters of growth, a sudden halt that the government both expected and considers ... Read more...

Posted in Business |

Train your brain to be happy, and live longer


November 23rd, 2011 - 6:03 pm ICT by IANS
London, Nov 23 (IANS) Scientific evidence now suggests that one can boost up one's mood by training the brain to do so.People who are content are believed to live longer, ... Read more...

Posted in World |

Jet needs to raise cash flows, funds, say auditors


November 22nd, 2011 - 5:57 pm ICT by IANS
Mumbai, Nov 22 (IANS) Airline major Jet Airways needs to generate cash flows or raise funds to meet its existing obligations, including the support to its low-cost subsidiary JetLite, the ... Read more...

Posted in Business |

Countries may go slow on tax incentives for culture: E&Y;


November 17th, 2011 - 8:19 pm ICT by IANS
New Delhi, Nov 17 (IANS) Countries across the world will find it difficult to give tax incentives, exemptions to various cultural projects given the strained finances some of them have ... Read more...

Posted in World |

Eurozone crisis hurting India’s exports, growth: Pranab


November 14th, 2011 - 5:53 pm ICT by IANS
New Delhi, Nov 14 (IANS) The deepening crisis in the European countries has negatively impacted India's economic growth and is hurting exports as some developed countries have turned ... Read more...

Posted in Business |

London to suffer leisure tourism slump during Olympics: Survey


November 6th, 2011 - 5:25 pm ICT by IANS
London, Nov 6 (IANS) London is set to suffer a 95 percent leisure tourism slump during the 2012 Olympic Games, a survey said Sunday.In a survey conducted amongst its ... Read more...

Posted in Sports |

Will you mind paycut to save office colleague?


October 5th, 2011 - 12:33 pm ICT by IANS
London, Oct 5 (IANS) While the recent global financial downturn saw employees competing with each other to survive at the workplace, the challenging phase also seemed to have built up ... Read more...

Posted in Uncategorized |

Recession effect to last 10 years: Report


September 13th, 2011 - 10:38 am ICT by IANS
London, Sep 13 (IANS) The effects of the global economic crisis could be felt in Britain for as long as 10 years, says a new report.A report released Monday by ... Read more...

Posted in Business |

Indian IT industry concerned over global economic crisis


June 21st, 2011 - 12:32 am ICT by IANS
Bangalore, June 20 (IANS) The resurgent Indian IT industry Monday expressed concern over the fragile global economy plunging into crisis again due to sovereign debt defaults in Europe, sluggish growth ... Read more...

Posted in Business |

82pc of Oz workers want to quit their jobs


March 16th, 2011 - 2:55 pm ICT by ANI
Melbourne, Mar 16 (ANI): Hate your job? Well, you are not alone, as more than 80 percent of Australian workers want to quit their job, reveals a survey.Job dissatisfaction among Aussies has ... Read more...

Posted in World |

Some millionaires do not feel wealthy: Fidelity survey


March 15th, 2011 - 6:49 pm ICT by ANI
Washington, Mar.15 (ANI): Four out of ten respondents in a survey conducted by Fidelity Institutional Wealth have said that they do not feel wealthy, even though they reported an average of 3.5 ... Read more...

Posted in World |

Oz body calls for student visa regime reform


March 14th, 2011 - 4:53 pm ICT by ANI
Canberra (Australia), Mar.14(ANI): The Australian Government has been urged to reform its international student visa program to curb the overseas students downturn.On Monday, Indrajeet Chauhan, the international students' officer of the National ... Read more...

Posted in World |

Bombardier aircraft sales slip 19 percent


February 18th, 2011 - 12:39 pm ICT by IANS
Toronto, Feb 18 (IANS) Metro and aircraft maker Bombardier Thursday reported an almost one-fifth drop in its aircraft sales in the fiscal year ending Jan 31 as compared to the last year.The ... Read more...

Posted in Business |

Japan acknowledges China has overtaken it as world’s second-largest economy


February 14th, 2011 - 2:04 pm ICT by ANI
New Delhi, Feb 14 (ANI): China's economy has surpassed Japan's as the world's second largest in 2010, the Japanese Cabinet Office has said.China was acknowledged last year as having grown to ... Read more...

Posted in World |

India confident of over 9 pc growth next year: President (Lead)


January 25th, 2011 - 9:21 pm ICT by IANS
New Delhi, Jan 25 (IANS) President Pratibha Patil Tuesday said the government was confident of achieving over 9 per cent economic growth next year, but admitted that rising inflation, specially food ... Read more...

Posted in Business |

Tourist arrivals in Spain rises in 2010


January 25th, 2011 - 11:39 am ICT by IANS
Madrid, Jan 25 (IANS/EFE) Last year Spain welcomed 52.6 million foreign tourists, 1 percent more than in 2009, authorities said.The figures released previously by the Industry, Tourism and Trade Ministry indicated a ... Read more...

Posted in Business |

Pretty Little Liars: ‘Careful What U Wish 4′ Preview


January 18th, 2011 - 9:10 pm ICT by Sampurn Wire
Pretty Little Liars: ‘Careful What U Wish 4' is to be aired on the 24th of January and is to have the Rosewood High grand dance which is going to ... Read more...

Posted in Entertainment |

Good times ahead in 2011 for Indian retailers, says Fitch


January 12th, 2011 - 8:04 pm ICT by IANS
Chennai, Jan 12 (IANS) Credit rating agency Fitch expects the 2011 outlook for the Indian retail sector to be stable with a positive bias owing to buoyant sales, improved working capital management ... Read more...

Posted in Business |

UAE’s Emirates NBD ranked largest bank in Middle East


January 1st, 2011 - 1:28 am ICT by IANS
Dubai, Dec 31 (IANS/WAM) UAE's Emirates NBD has been ranked the largest bank in the Middle East in a latest ranking by the US-based Global Finance magazine. Besides the Middle East region, ... Read more...

Posted in Business |

Global air traffic up 8.2 percent in November: IATA


December 30th, 2010 - 7:04 pm ICT by IANS
New Delhi, Dec 30 (IANS) The International Air Transport Association (IATA) Thursday said global passenger traffic grew by 8.2 percent in November as compared to the like period of 2009."International scheduled traffic ... Read more...

Posted in Business |

Ryder dreads turning 40


December 20th, 2010 - 12:52 am ICT by IANS
New York, Dec 19 (IANS) Actress Winona Ryder is dreading her upcoming 40th birthday because she has been "warned" about reaching the milestone age throughout her Hollywood career.The "Edward Scissorhands" star, who ... Read more...

Posted in Entertainment |

U.S. homes could decrease $1.7 trillion in value, report says


December 9th, 2010 - 8:53 pm ICT by BNO News
SEATTLE, WASHINGTON (BNO NEW) -- U.S. homes are forecast to decrease more than $1.7 trillion in value during the current year, which is 63 percent more than the $1 trillion lost in ... Read more...

Posted in Business |

Charlie Sheen’s pals fear he would die


October 27th, 2010 - 5:39 pm ICT by ANI
Washington, Oct 27 (ANI): Charlie Sheen's friends fear the actor would die soon.They say that the star has been hanging out with some 'bad people' over the last few months.Sheen has been ... Read more...

Posted in Entertainment |

America’s Got Talent contestant Joe Finley arrested


October 27th, 2010 - 3:38 am ICT by Aishwarya Bhatt
Los Angeles, Oct 26 (THAINDIAN NEWS) Joe Finley, an “America’s Got Talent” contestant has been busted by the police on drug related charges.Finley confirmed to TMZ.com later that he had taken some ... Read more...

Posted in Entertainment |

Education reforms must to build talent faster: Murthy


October 27th, 2010 - 12:09 am ICT by IANS
Bangalore, Oct 26 (IANS) India needs drastic reforms in the education sector to build a vast talent pool for driving the IT industry growth faster, Infosys Technologies Ltd chairman N.R. Narayana Murthy ... Read more...

Posted in Business |

Double-digit growth turning point for IT industry: Infosys


October 15th, 2010 - 7:32 pm ICT by IANS
Bangalore, Oct 15 (IANS) India's IT bellwether Infosys Technologies Friday termed its return to double-digit growth in the second quarter (July-Sept) of this fiscal (2010-11) as a turning point for the resilient ... Read more...

Posted in Business |

India to see highest employee churn: Ma Foi


October 12th, 2010 - 9:17 pm ICT by IANS
Chennai, Oct 12 (IANS) Confident of getting another job, Indian employees are more prone to switch employers compared to others in the world, says a global work monitor survey. Amongst the 25 ... Read more...

Posted in Business |

DK Books to focus now on e-books, travel


October 8th, 2010 - 5:55 pm ICT by IANS
New Delhi, Oct 8 (IANS) Dorling-Kindersley-India (DK-India), a publishing subsidiary of Penguin Books, is expanding its footprint in the Indian market with new digital and travel titles in 2010-11. It has cut ... Read more...

Posted in Uncategorized |

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