economist

`Colombia now South America’s No. 2 economy’


September 1st, 2012 - 12:48 pm ICT by IANS
Bogota, Sep 1 (IANS/EFE) Colombia has moved ahead of Argentina to become South America's second-largest economy, the outgoing Colombian finance minister said Friday."Colombia surpassed Argentina in GDP, we are the ... Read more...

Posted in Business |

Lack of consensus affecting economic growth: PM


August 15th, 2012 - 9:11 am ICT by IANS
New Delhi, Aug 15 (IANS) Lack of political consensus on many issues is affecting India's rapid economic growth, Prime Minister Manmohan Singh said Wednesday.Addressing the nation on India's independence ... Read more...

Posted in Politics |

Brazil credit-card interest rate tops 300 percent


July 18th, 2012 - 12:29 pm ICT by IANS
Brasilia, July 18 (IANS/EFE) Credit-card interest rates in Brazil climbed above 300 percent last month, a media report said.Brazilian rates are many times higher than those in other Latin American ... Read more...

Posted in Business |

Hope Mamata will okay FDI in retail: Basu


July 7th, 2012 - 7:41 pm ICT by IANS
Kolkata, July 7 (IANS) Chief economic advisor Kaushik Basu Saturday hoped that West Bengal Chief Minister Mamata Banerjee will give a nod for FDI in retail trading.It was under ... Read more...

Posted in Politics |

Prime minister an overrated economist: BJP


July 6th, 2012 - 7:29 pm ICT by IANS
New Delhi, July 6 (IANS) Bharatiya Janata Party leader Yashwant Sinha Friday attacked Prime Minister Manmohan Singh, calling him an "overrated economist" and an "underrated politician".Reacting after the prime ... Read more...

Posted in Politics |

Britain’s construction sector contracts


July 4th, 2012 - 2:08 pm ICT by IANS
London, July 4 (IANS) The construction sector in Britain saw the sharpest fall in June for two and a half years, said a Markit/CIPS market sensitive survey report.The Markit/CIPS Construction ... Read more...

Posted in Business |

I’m translating Mahabharata for young English-speaking readers: Bibek Debroy


July 1st, 2012 - 1:30 pm ICT by IANS
New Delhi, July 1 (IANS) Well-known economist Bibek Debroy is addressing a growing need among youngsters bred on English as their staple tongue: He is translating the Indian epic Mahabharata ... Read more...

Posted in Feature |

Finance ministry advisor suggests small diesel price decontrol


June 13th, 2012 - 12:06 am ICT by IANS
Bangalore, June 12 (IANS) The finance ministry's Chief Economic Advisor, Kaushik Basu Tuesday favoured decontrol of diesel price in a small and intelligent way to insulate the country from spiralling global ... Read more...

Posted in Business |

FDI in multi-brand retail will lift mood: Economic advisor


June 13th, 2012 - 12:05 am ICT by IANS
Bangalore, June 12 (IANS) Opening up the multi-brand retail sector to foreign direct investment(FDI) would lift the economic mood and largely benefit farmers and small exporters, the government's top economist said ... Read more...

Posted in Business |

China’s exports up 15 percent


June 11th, 2012 - 6:09 pm ICT by IANS
Beijing, June 11 (IANS) China's exports rose by over 15 percent in May, from the previous year, as shipments to the US increased significantly and trade with the European Union ... Read more...

Posted in Business |

Estonian president calls economist a ’smug’


June 8th, 2012 - 7:25 pm ICT by Aishwarya Bhatt
Tallinn, June 8 (THAINDIAN NEWS) The president of Estonia has launched an attack on US Nobel laureate Paul Krugman. The economist had written an article on Estonia in his blog ... Read more...

Posted in Politics |

Chinese economy facing downside risks


June 2nd, 2012 - 1:49 pm ICT by IANS
Beijing, June 2 (IANS) China's economic downside risks have been aggravated by slowing expansion in the manufacturing sector and weak market demand, China Daily reported Saturday.This, it said, is reinforcing ... Read more...

Posted in World |

US senate confirms Obama’s Fed nominees


May 18th, 2012 - 6:15 am ICT by IANS
Washington, May 18 (IANS) The US senate Thursday confirmed two nominees of President Barack Obama to the Federal Reserve board.The senate voted 74-21 to confirm Jerome Powell, an attorney ... Read more...

Posted in Business |

Normal for me to have sex at orgies: Strauss-Kahn


May 1st, 2012 - 12:57 am ICT by IANS
London, April 30 (IANS) Former International Monetary Fund (IMF) chief Dominique Strauss-Kahn has claimed it is "normal" for him to have sex with six different women at orgies, Daily Mail ... Read more...

Posted in Uncategorized |

South Korea’s industrial output growth plunges


April 30th, 2012 - 1:53 pm ICT by IANS
Seoul, April 30 (IANS) South Korea's industrial output growth plunged last month due to weak demand at home and abroad caused by high oil prices and economic slowdown in China, ... Read more...

Posted in Business |

China eyes free trade deal with South Korea


April 15th, 2012 - 7:59 pm ICT by IANS
Beijing, April 15 (IANS) China will push for a bilateral free trade agreement with South Korea when both sides meet at an investment forum in Seoul April 17-18.A Chinese delegation, ... Read more...

Posted in Business |

Economist Kelkar to meet Vidarbha farmers


April 5th, 2012 - 6:37 pm ICT by IANS
Nagpur, April 5 (IANS) Economist Vijay Kelkar will Friday visit Yavatmal in the Vidarbha region of Maharashtra and speak to farmers and widows of debt-burdened peasants for a review on ... Read more...

Posted in Business |

Australia’s trade deficit narrows


April 4th, 2012 - 3:55 pm ICT by IANS
Sydney, April 4 (IANS) Australia's trade deficit narrowed in February, following a large deficit reading in January, according to data released Wednesday by the Australian Bureau of Statistics (ABS).The balance ... Read more...

Posted in Business |

Britain’s house prices fall


March 6th, 2012 - 11:20 pm ICT by IANS
London, March 6 (IANS) Britain's house prices declined by 0.5 percent in February compared to the previous month, said Halifax, the country's biggest mortgage lenders.Houses prices fell by 1.1 percent ... Read more...

Posted in Business |

GDP logs slowest quarterly growth in 3 years (Lead)


February 29th, 2012 - 3:18 pm ICT by IANS
New Delhi, Feb 29 (IANS) India's economy has logged its slowest pace of quarterly expansion in three years with gross domestic product (GDP) rising by a mere 6.1 percent in ... Read more...

Posted in Business |

Australia’s economic outlook remains subdued: Survey


February 22nd, 2012 - 2:22 pm ICT by IANS
Sydney, Feb 22 (IANS) Australia's economic outlook improved slightly in December 2011, but the growth rate of future economic activity remains subdued, according to a survey released Wednesday by Westpac ... Read more...

Posted in Business |

New Zealand service sector struggling to expand


January 30th, 2012 - 3:18 pm ICT by IANS
Wellington, Jan 30 (IANS) New Zealand's service sector is struggling and will continue to struggle in the near future, an industry leader said Monday on the release of the latest ... Read more...

Posted in Business |

China’s November inflation may fall below 5 percent


December 6th, 2011 - 6:33 pm ICT by IANS
Beijing, Dec 6 (IANS) China's inflation rate may fall below five percent in November, thanks to the lower food prices that led to the downward trend after a 37-month high ... Read more...

Posted in Business |

‘Impatient people have lower credit scores’


December 4th, 2011 - 4:14 pm ICT by IANS
Washington, Dec 4 (IANS) Impatient people default on their mortgages, because they are more likely to chose immediate gain over a larger reward later, researchers say. "Most often, the reasons ... Read more...

Posted in World |

Indonesian economy may rise 6.7 percent in Q4


November 25th, 2011 - 1:27 pm ICT by IANS
Jakarta, Nov 25 (IANS) Indonesia's economy could grow by 6.7 percent in the fourth quarter should the government speed up spending amid high investment and consumption, Asian Development Bank (ADB) ... Read more...

Posted in Business |

UAE participates in global microcredit summit in Spain


November 18th, 2011 - 10:00 pm ICT by IANS
Valladolid (Spain), Nov 18 (IANS/WAM) UAE's Ambassador to Spain Hessa Al-Otaiba has led the country's delegation to the 5th Global Microcredit Summit in Valladolid, Spain.During the four-day summit that ended ... Read more...

Posted in Business |

Welcome CPI-M’s discussions on re-looking ideology: Chandy


November 18th, 2011 - 4:55 pm ICT by IANS
Thiruvananthapuram, Nov 18 (IANS) Kerala Chief Minister Oommen Chandy Friday welcomed discussions within Communist Party of India-Marxist's (CPI-M) re-looking its ideology."I whole-heartedly welcome their discussions on the revamp of their ... Read more...

Posted in Uncategorized |

Lack of reforms affecting India’s growth: Expert


November 8th, 2011 - 9:00 pm ICT by IANS
New Delhi, Nov 8 (IANS) India has the potential to register double-digit growth but lack of reforms is holding the country back, a senior economist said Tuesday."Some will say 7.5 ... Read more...

Posted in Uncategorized |

‘Bank of England may have to print more money’


October 10th, 2011 - 10:33 pm ICT by IANS
London, Oct 10 (IANS) A leading economist of the Bank of England has warned it may be required to print even more money to support the weak economy.In a sign ... Read more...

Posted in Business |

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 |

Give colleges more freedom: Experts


September 14th, 2011 - 1:30 pm ICT by IANS
Kolkata, Sep 14 (IANS) Colleges and universities in West Bengal should be given more autonomy to take strategic decisions but the government should also monitor how these institutions spend their ... Read more...

Posted in Uncategorized |

French diplomat mauled by shark while kite surfing


September 12th, 2011 - 8:15 pm ICT by Aishwarya Bhatt
Port Moresby, Sept 12 (THAINDIAN NEWS) A 30-year-old French diplomat is at the emergency room following a shark attack in Papua New Guinea. Thomas Viot who works for the European Union as ... Read more...

Posted in World News |

Kashmir interlocutors say media reports speculative


September 3rd, 2011 - 7:02 pm ICT by IANS
New Delhi, Sep 3 (IANS) The government's interlocutors on Jammu and Kashmir Saturday termed as speculative reports in a section of media that they were likely to recommend pre-1953 status ... Read more...

Posted in National |

Government reluctant to decontrol diesel prices: Parikh


August 26th, 2011 - 5:29 pm ICT by IANS
Kolkata, Aug 26 (IANS) Economist Kirit S. Parikh, who heads the panel constituted by Prime Minister Manmohan Singh for oil pricing reforms, Friday said the government was reluctant to ... Read more...

Posted in Business |

Gold prices reach a record high of $1,900


August 23rd, 2011 - 7:32 pm ICT by Aishwarya Bhatt
New York, Aug 23 (THAINDIAN NEWS) The price of Gold reached a new record high when the price of the precious metal hit the $1,910 mark. Analysts say the surge in the ... Read more...

Posted in Business |

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