global downturn

BRICS to sign pacts for trade in local currencies


March 26th, 2012 - 7:06 pm ICT by IANS
New Delhi, March 26 (IANS) The five major emerging economies of BRICS -- Brazil, Russia, India, China and South Africa -- are set to inject greater economic momentum into ... Read more...

Posted in Business |

Avoid populist measures, Goh Chok Tong advises India


January 13th, 2012 - 12:38 am ICT by IANS
Hyderabad, Jan 12 (IANS) Singapore's Emeritus Senior Minister Goh Chok Tong said India has the potential to become a world leader but advised it to avoid populist measures to sustain ... Read more...

Posted in Uncategorized |

Exports held out despite slowdown but outlook cloudy (2011 in Retrospect)


December 25th, 2011 - 3:35 pm ICT by IANS
New Delhi, Dec 25 (IANS) Despite the global downturn and major fluctuation in the value of the rupee, India's merchandise exports logged a robust rise during 2011 with experts attributing ... Read more...

Posted in Business |

Infosys shifts focus on developing economies


December 9th, 2011 - 3:53 pm ICT by IANS
Kolkata, Dec 9 (IANS) IT giant Infosys is shifting its priorities to increase its revenues from the domestic market, as also other developing economies like China, Malaysia and South Africa ... Read more...

Posted in Business |

India, Brazil, South Africa seek way out of economic crisis


October 18th, 2011 - 9:21 pm ICT by IANS
Pretoria, Oct 18 (IANS) India, Brazil and South Africa Tuesday sought credible action from Western countries for a way out of the sovereign debt crisis in Europe and the ... Read more...

Posted in Uncategorized |

Pakistan won’t be immune to global downturn: Daily


August 7th, 2011 - 1:21 pm ICT by IANS
Islamabad, Aug 7 (IANS) It would be naive to assume that Pakistan will remain immune as the global economic sentiment sours, said a leading daily.An editorial in the Dawn Sunday ... Read more...

Posted in South Asia |

Australians spend about $1bn annually on cosmetic procedures


March 31st, 2011 - 5:12 pm ICT by ANI
Melbourne, March 31 (ANI): A conference of surgeons has heard that Australians spent about 1 billion dollars a year on cosmetic procedures, including breast augmentation and liposuction.The annual Cosmetex conference, run by ... Read more...

Posted in World |

23 countries to participate in machine tool expo


January 6th, 2011 - 12:38 pm ICT by IANS
Bangalore, Jan 6 (IANS) Exhibitors from 23 countries, including the US for the first time, will participate in the Jan 20-26 Indian metal-cutting machine tool exhibition (Imtex 2011) here, the largest trade ... Read more...

Posted in Business |

India’s 8.9 percent July-September growth beats forecasts (Roundup)


November 30th, 2010 - 8:17 pm ICT by IANS
New Delhi, Nov 30 (IANS) The Indian economy grew by 8.9 percent in the second quarter of this fiscal, latest data on gross domestic product (GDP) showed Tuesday, beating the government's ... Read more...

Posted in Business |

Indians think economic conditions improving: Gallup poll


November 20th, 2010 - 11:08 am ICT by IANS
By Arun Kumar Washington, Nov 20 (IANS) Indians' economic optimism rose significantly in 2010 after tumbling amid the global recession with nearly half of them thinking their local economic conditions are improving, ... Read more...

Posted in Business |

India-Canada trade to triple in five years: Anand Sharma


September 24th, 2010 - 12:42 pm ICT by IANS
By Gurmukh Singh Toronto, Sep 24 (IANS) India's Commerce and Industry Minister Ananda Sharma said here Thursday that his country's "strategic partnership" with Canada will triple bilateral trade in the next five ... Read more...

Posted in Business |

Indian cos. biggest gainers among Asia’s 200 best ‘under a billion’


September 2nd, 2010 - 7:58 pm ICT by IANS
By Arun Kumar Washington, Sep 2 (IANS) With 39 Indian companies making it to the Forbes "Asia's Best Under a Billion" list, up from only 20 last year, India was the biggest ... Read more...

Posted in Business |

India in second place in Forbes Asia’s “Best Under A Billion” list


September 2nd, 2010 - 2:51 pm ICT by ANI
Singapore, Sep.2 (ANI): Indian animated movie maker Compact Disc India and software company Micro Technologies continue to members of Forbes Asia's "Best Under A Billion" list, even as 151 new companies have ... Read more...

Posted in World |

US economy growing, but not fast enough: Obama


August 30th, 2010 - 12:35 pm ICT by IANS
By Arun Kumar Washington, Aug 30 (IANS) US President Barack Obama says with the US economy growing, but not fast enough, he would "keep on pushing" to keep America's fragile recovery from ... Read more...

Posted in Business |

NASSCOM slams US Senator’s ‘chop shop’ jibe


August 13th, 2010 - 5:45 pm ICT by ANI
New Delhi, Aug 13 (ANI): Som Mittal, the president of the National Association of Software and Services Companies (NASSCOM) on Friday criticized derogatory comments made by U.S. Senator Charles Schumer with regard ... Read more...

Posted in National |

Media industry to grow by 12.4 percent in four years: Report


July 28th, 2010 - 12:45 am ICT by IANS
New Delhi, July 27 (IANS) The Indian entertainment and media industry will grow by 12.4 percent cumulatively over 2010-14 to reach Rs.1040.8 billion, a report released by PricewaterhouseCoopers said Tuesday. The Indian entertainment ... Read more...

Posted in Business |

Meet Steve Gupta, owner of 10 premier hotels in Canada (With Images) (Lead superseding earlier story)


July 27th, 2010 - 9:12 pm ICT by IANS
By Gurmukh Singh Toronto, July 27 (IANS) During the current global downturn when most businesses have put off expansion plans, Canada's top Indian-origin hotelier Steve (Sudesh) Gupta, who owns 10 premier hotels, is ... Read more...

Posted in Business |

Meet Steve Gupta, owner of 10 five-star hotels in Canada (With Image)


July 27th, 2010 - 12:43 pm ICT by IANS
By Gurmukh Singh Toronto, July 27 (IANS) During the current global downturn when most businesses have put off expansion plans, Canada's top Indian-origin hotelier Steve (Sudesh) Gupta, who owns 10 five-star hotels, is ... Read more...

Posted in Business |

India to become second largest steel-producing nation by 2012: Virbhadra Singh


July 23rd, 2010 - 7:59 pm ICT by ANI
New Delhi, July 23 (ANI): Union Minister of Steel Virbhadra Singh on Friday said India is expected to become the second largest steel-producing nation by 2012 with a targeted production capacity of ... Read more...

Posted in National |

China raises 2009 growth rate to 9.1 percent


July 2nd, 2010 - 5:59 pm ICT by IANS
Beijing, July 2 (IANS) China Friday raised its growth estimate for 2009 to 9.1 percent from 8.7 percent announced earlier, signifying a stronger economic recovery from the global downturn. The National Bureau ... Read more...

Posted in World |

Global downturn fuelled poverty, hunger: UN report


June 23rd, 2010 - 6:51 pm ICT by IANS
New Delhi, June 23 (IANS) The global economic downturn in 2009 has increased poverty and hunger, according to a UN report released here Wednesday. The United Nations Millennium Development Goals (MDGs) report ... Read more...

Posted in Business |

India needs an ambitous programme on water optimisation (Opinion)


June 13th, 2010 - 2:01 pm ICT by IANS
By Arvind Padmanabhan It is, indeed, ironic that, even after 62 years of self-rule, Pranab Mukherjee, the finance minister of India, says an often-erratic annual wind phenomenon called the monsoon that switches ... Read more...

Posted in Business |

Australia can play a major role in India’s energy sector: Shinde


June 7th, 2010 - 8:04 pm ICT by ANI
Perth (Australia), June 7 (ANI): Union Power Minister Sushil Kumar Shinde on Monday said that Australia can play a major role in the energy sector of India, which is growing at ... Read more...

Posted in World |

Shinde calls for Indo-Australian cooperation in power sector


June 7th, 2010 - 2:00 pm ICT by ANI
Perth, June 7 (ANI): Union Power Minister Sushilkumar Shinde on Monday said that Australia can play a major role in the energy sector of India which is growing at rapid pace with ... Read more...

Posted in World |

Suzuki profits up for full year


May 10th, 2010 - 4:51 pm ICT by IANS
Tokyo, May 10 (DPA) Japan's Suzuki Motor Corp said Monday its fourth-quarter net profit almost doubled year-on-year, as the carmaker profited from consumers switching to smaller cars. Suzuki, Japan's forth-biggest carmaker, is ... Read more...

Posted in Business |

Third Front says will take on UPA Government on price rise


April 23rd, 2010 - 12:59 pm ICT by ANI
New Delhi, Apr 23 (ANI): Leaders of 13 political parties, constituting the Third Front, have decided to take on the Congress-led United Progressive Alliance on the price rise on April 27.They have ... Read more...

Posted in National |

After IT, it’s decade of infrastructure in India: Kamal Nath


March 24th, 2010 - 12:02 pm ICT by IANS
By Gurmukh Singh Toronto, March 24 (IANS) India's Minister for Roads and Transport Kamal Nath said here that the next decade will be the "decade of infrastructure" in India and invited Canadian investors ... Read more...

Posted in Sci-Tech |

Tata Motors registers a profit of rupees 6.5 billion in December quarter


February 27th, 2010 - 1:53 pm ICT by ANI
Mumbai, Feb 27 (ANI): Tata Motors, one of India's top automobile manufacturers has reported a consolidated net profit of 6.5 billion rupees for the December quarter of 2009, after suffering a loss ... Read more...

Posted in National |

DreamWorks: How to Train a Corporate Dragon


February 24th, 2010 - 10:41 pm ICT by admin
Dan Satterthwaite – Head of HR for DreamWorks speaks out for MeettheBoss.TV on his training techniquesFeb 24 (MeetTheBoss.tv) DreamWorks Pictures spun off DreamWorks Animation as a public company in 2004. And while ... Read more...

Posted in Business, Entertainment |

Global crisis to drag 21 million Asians into poverty


February 17th, 2010 - 12:32 pm ICT by IANS
Manila, Feb 17 (DPA) The global financial crisis could drag 21 million people of the Asia-Pacific region into extreme poverty, a UN and Asian Development Bank report said Wednesday. The report, entitled "Achieving ... Read more...

Posted in Business |

UN official calls for increase protection in Pacific islands


February 11th, 2010 - 4:21 am ICT by BNO News
UNITED NATIONS (BNO NEWS) – A senior United Nations official on Wednesday called for increase social protection in the Pacific island region, particularly women and children.The ongoing economic and financial crises are ... Read more...

Posted in World News |

Web site for civil service aspirants launched


February 2nd, 2010 - 5:56 pm ICT by ANI
New Delhi, Feb.2 (ANI): A new web site has been launched for civil service aspirants.Over five lakh Civil Service aspirants preparing for 2010 prelims this year have a lot to cheer about. ... Read more...

Posted in National |

PM calls for coordination between States and Centre


February 1st, 2010 - 2:10 pm ICT by ANI
New Delhi, Feb 1 (ANI): Prime Minister Dr Manmohan Singh on Monday called for better administrative coordination between States and the Centre for faster development of the country.Addressing the First Annual ... Read more...

Posted in National |

India to grow 7.7 percent as global recovery picks pace: IMF


January 26th, 2010 - 10:00 pm ICT by IANS
By Arun Kumar Washington, Jan 26 (IANS) With the global recovery off to a stronger start, Indian economy is projected to grow at 7.7 percent in 2010, 1.3 percentage points higher than forecast ... Read more...

Posted in Business |

India is way down 124th in economic freedom


January 21st, 2010 - 1:42 pm ICT by IANS
By Arun Kumar Washington, Jan 21 (IANS) With an economic freedom score of 53.8, India has been rated the 124th freest economy in the world, according to the 16th annual Index of Economic ... Read more...

Posted in Business |

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