financial meltdown

Kerala-born Yusuffali making waves in Gulf


April 23rd, 2012 - 8:26 pm ICT by IANS
Abu Dhabi, April 23 (IANS) Kerala-born M. A. Yusuffali is today dubbed as one of the most influential Indians in the Gulf Cooperation Council (GCC), a political and economic alliance ... Read more...

Posted in World |

Spain sells 3.2 bn euros in bonds at higher rates


April 18th, 2012 - 12:03 pm ICT by IANS
Madrid, April 18 (IANS/EFE) Spain sold 3.17 billion euros ($4.16 billion) worth of short-term government debt Tuesday, although its borrowing costs rose to their highest levels since December 2011.The Treasury ... Read more...

Posted in Business |

Business bankruptcies in Spain rise


April 10th, 2012 - 11:12 am ICT by IANS
Madrid, April 10 (IANS/EFE) More than 1,600 Spanish firms declared insolvency in the first quarter, a rise of 21 percent over the same period in 2011, PricewaterhouseCoopers said Monday in ... Read more...

Posted in Business |

Bankruptcies soar in Spain


February 8th, 2012 - 1:41 pm ICT by IANS
Madrid, Feb 8 (IANS/EFE) The number of Spanish firms and individuals declaring bankruptcy rose 13.3 percent last year to 6,755, the highest total since the country's bankruptcy law took effect ... Read more...

Posted in Business |

Births continue to decline in Spain


January 19th, 2012 - 11:38 am ICT by IANS
Madrid, Jan 19 (IANS/EFE) The 230,537 births recorded in Spain in the first half of 2011 represents a decline of 1.1 percent from the same period of the previous year ... Read more...

Posted in Business |

India’s IT industry bets on growth despite uncertainty


January 8th, 2012 - 12:33 pm ICT by IANS
Bangalore, Jan 8 (IANS) The Indian IT industry is hopeful of maintaining its growth momentum in 2012 despite global economic uncertainty and concerns over the fallout of the sovereign debt ... Read more...

Posted in Uncategorized |

Mortgage activity in Spain falls


December 29th, 2011 - 11:47 am ICT by IANS
Madrid, Dec 29 (IANS/EFE) The number of new residential mortgages in Spain fell 43.6 percent in October compared with the year before, the National Statistics Institute, or INE, said Wednesday.The ... Read more...

Posted in Business |

UN chief pays tribute to Jobs


October 7th, 2011 - 6:44 am ICT by IANS
United Nations, Oct 7 (IANS) UN Secretary-General Ban Ki- moon Thursday paid tribute to Apple co-founder Steve Jobs who died from pancreatic cancer, saying he was a "truly global force".In ... Read more...

Posted in Business |

IMF calls for action to handle global crisis


September 25th, 2011 - 5:18 am ICT by IANS
Washington, Sep 25 (IANS) The International Monetary Fund (IMF) has called on world leaders to implement measures available to deal with the "dangers confronting the global economy", Xinhua reported.There was ... Read more...

Posted in Uncategorized |

Italian PM holds another bunga bunga party


August 4th, 2011 - 8:14 pm ICT by IANS
London, Aug 4 (IANS) Controversial Italian prime minister Silvio Berlusconi hosted a 'bunga bunga' party earlier this week, Italian media reported Thursday.Seventy-four-year-old Berlusconi is already embroiled in allegations of paying ... Read more...

Posted in Politics |

Indian engineer turns big farmer in Ghana (With Images)


June 19th, 2011 - 12:37 pm ICT by IANS
Accra, June 19 (IANS) Perhaps India's agricultural prowess inspired him. Prabhpreet Khinda, an engineer by training, arrived in Ghana in 2009 after he was devastated by the effects of the ... Read more...

Posted in Feature |

Work suspended at Dunlop factory in Bengal


April 4th, 2011 - 10:02 pm ICT by IANS
Kolkata, April 4 (IANS) Tyre-maker Dunlop's factory in Sahagunj area of West Bengal's Hooghly district is facing a turmoil after the management put up a suspension of work notice, ... Read more...

Posted in Uncategorized |

Mel Gibson puts his Malibu mansion on sale again


March 25th, 2011 - 12:42 am ICT by Aishwarya Bhatt
Malibu, Mar 24 (THAINDIAN NEWS) After failing to get a buyer for his mansion in Malibu last year, Mel Gibson has reportedly put the property back on the market. He is asking ... Read more...

Posted in Entertainment |

Congress hails President’s address to Joint session of Parliament, Opposition disappointed


February 21st, 2011 - 10:10 pm ICT by ANI
New Delhi, Feb 21 (ANI): Congress on Monday hailed Pratibha Devisingh Patil's address to the Joint sitting of Parliament, saying she outlined the five priority areas of the government including controlling ... Read more...

Posted in National |

Reforms will top government’s agenda, says President (Lead)


February 21st, 2011 - 4:30 pm ICT by IANS
New Delhi, Feb 21 (IANS) Drawing comfort from the high growth of the Indian economy despite the global meltdown, President Pratibha Patil Monday promised to hasten the reforms process with specific ... Read more...

Posted in Business |

President Patil says Govt. deeply concerned about inflation


February 21st, 2011 - 2:33 pm ICT by ANI
New Delhi, Feb 21 (ANI): President Pratibha Devisingh Patil on Monday said that the Government is deeply concerned over the adverse impact of inflation on the aam aadmi."My government is deeply concerned ... Read more...

Posted in National |

Government can’t provide food to all: Chief Justice


February 6th, 2011 - 3:46 pm ICT by IANS
Hyderabad, Feb 6 (IANS) Chief Justice of India S.H. Kapadia Sunday said the government can't be expected to provide food, education and healthcare to all but advocated relief to the deprived ... Read more...

Posted in Health Science |

Sovereign debt default may hit Indian IT industry: Infosys


January 13th, 2011 - 6:57 pm ICT by IANS
Bangalore, Jan 13 (IANS) The looming sovereign debt crisis in Europe may impact the Indian IT industry's growth in 2011 in case of defaults, a top official of the IT bellwether ... Read more...

Posted in Business |

2 percent of GDP for healthcare: Pranab


January 9th, 2011 - 11:32 pm ICT by IANS
Kolkata, Jan 9 (IANS) Finance Minister Pranab Mukherjee Sunday said that the target of spending 2 percent of the GDP on healthcare would soon be achieved."In 2001, the target was to ... Read more...

Posted in Health |

Will.I.Am says Obama is ’stressed’


December 8th, 2010 - 5:35 am ICT by IANS
London, Dec 8 (IANS) Vocalist for the Black Eyed Peas, rapper Will.I.Am has said US president Barack Obama is "stressed" over his crumbling popularity among Americans.But the singer was vocal in ... Read more...

Posted in Entertainment |

Wiser from 26/11, Indian tourism bouncing back


November 25th, 2010 - 12:36 pm ICT by IANS
By Azera Rahman New Delhi, Nov 25 (IANS) As hoteliers excitedly speak of heavy winter bookings and tourist inflows foretell a 10 percent growth this year, the Indian travel industry seems to have ... Read more...

Posted in Business |

CEOs ‘compensated 100 times more than average workers’


November 17th, 2010 - 5:37 pm ICT by ANI
Melbourne, Nov 17 (ANI): The typical CEO is pocketing almost 100 times what the average worker gets paid.The Australian Council of Trade Unions (ACTU) report on remuneration paid to CEOs in listed ... Read more...

Posted in World |

Religious fanaticism threat to globalisation: Lord Meghnad Desai


November 12th, 2010 - 8:04 pm ICT by IANS
New Delhi, Nov 12 (IANS) Globalisation today faces a big threat from religious fanaticism, noted economist and professor emeritus of the London School of Economics Lord Meghnad Desai said while delivering a ... Read more...

Posted in Business |

Economy set to grow nine percent in 2011-12: Manmohan Singh


November 12th, 2010 - 12:34 pm ICT by ANI
Seoul, Nov 12 (ANI): The Prime Minister Dr. Manmohan Singh on Friday said India will revert to its pre-crisis economic growth rate of nine per cent in the next fiscal.Addressing the ... Read more...

Posted in World |

Milkfed Punjab yet to recover its Gulf exports


October 30th, 2010 - 2:40 pm ICT by IANS
By Alkesh Sharma Chandigarh, Oct 30 (IANS) Milkfed Punjab is still coping with the financial jolt it suffered following recession as exports of its desi ghee, which had declined sharply, are yet to ... Read more...

Posted in Business |

George Bush gave orders to shoot down planes on 9/11, reveals tell-all


October 29th, 2010 - 12:54 pm ICT by ANI
London, Oct 29 (ANI): Former US President George W. Bush gave orders to shoot down planes on 9/11, his new book has revealed.He also thought the hijacked airliner that crashed in ... Read more...

Posted in World |

Pranab cautions the world on ‘fragile’ global economic recovery


October 10th, 2010 - 7:18 pm ICT by ANI
Washington, Oct.10 (ANI): The Union Finance Minister, Pranab Mukherjee, has stated that the global economic recovery is fragile and cautioned that emerging economies may not remain as resilient in the wake ... Read more...

Posted in World |

Michael Douglas says he lost much of his net worth during recession


October 3rd, 2010 - 4:53 pm ICT by ANI
London, Oct 3 (ANI): Cancer battling Michael Douglas has revealed how he was a victim of the global financial meltdown two years ago.The 'Wall Street' star admitted that he lost much of ... Read more...

Posted in Entertainment |

‘Wall Street: Money never sleeps’ creates a stir the box office


September 27th, 2010 - 8:44 pm ICT by Aishwarya Bhatt
Sep 27 (THAINDIAN NEWS) Wall Street 2 did amazingly well at the box office. The two lead characters in the movie are Michael Douglas and Shia LeBoef.Douglas stars as Gordon Gekko, who ... Read more...

Posted in Entertainment |

‘Wall Street’ - how greed is legal in troubled times (IANS Film Review; Rating:***1/2)


September 25th, 2010 - 7:04 pm ICT by IANS
By Satyen K. BordoloiFilm: "Wall Street - Money Never Sleeps"; Director: Oliver Stone; Cast: Michael Douglas, Shia LaBeouf, Josh Brolin, Carey Mulligan, Susan Sarandon; Rating:***1/2"Wall Street" in 1987 defined the greedy, materialistic ... Read more...

Posted in Entertainment |

Karzai assures “Kabul Bank is safe,” urges Afghans not to panic


September 3rd, 2010 - 6:58 pm ICT by ANI
Washington, Sept 3 (ANI): Afghan President Hamid Karzai has assured the his country's citizens that their deposits are safe and urged them not to panic shortly after his brother, a major shareholder ... Read more...

Posted in World |

Demand for blonde hair dye in Britain signals end of recession


August 18th, 2010 - 2:54 pm ICT by ANI
London, Aug 18 (ANI): British women have taken to dyeing their hair blonde, which suggests the end of recession is close at hand, revealed a study.Sale of the hair dye has gone ... Read more...

Posted in World |

Arjun Singh in ‘Catch-22 situation’ (Capital Buzz)


June 27th, 2010 - 4:46 pm ICT by IANS
New Delhi, June 27 (IANS) Arjun Singh has virtually locked himself away in his heavily-guarded residence on Akbar Road ever since the Bhopal gas verdict. Singh, who is now hogging the ... Read more...

Posted in Politics |

UPA has done well during economic crisis: Ambika Soni


June 7th, 2010 - 9:36 pm ICT by IANS
Chandigarh, June 7 (IANS) Information and Broadcasting Minister Ambika Soni Monday said the United Progressive Alliance government has done well during the times of financial meltdown and drought, and the country ... Read more...

Posted in Business |

India pushes for more cultural, educational ties with Africa


May 14th, 2010 - 3:02 pm ICT by IANS
New Delhi, May 14 (IANS) India is promoting greater cultural interaction with Africa to "renew connections" and underscore the growing importance of Africa on the country's foreign policy radar, says Indian Council ... Read more...

Posted in Uncategorized |

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