Spain unveils new rules to shore up banking sector
February 3rd, 2012 - 12:03 pm ICT by IANS
Madrid, Feb 3 (IANS/EFE) The government has outlined a programme aimed at shoring up Spain's ailing financial sector.The goal of the overhaul is to achieve in short order a healthier ... Read more...
Posted in Business |
BRICS summit to focus on fixing global recession: India
January 31st, 2012 - 8:58 pm ICT by IANS
New Delhi, Jan 31 (IANS) Ahead of the fourth BRICS summit of the five emerging powers, India Tuesday said the reform of the global governance institutions and ways to fix ... Read more...
Posted in Uncategorized |
`Davos meet an opportunity to project Pakistan’s economy’
January 24th, 2012 - 2:38 pm ICT by IANS
Islamabad, Jan 24 (IANS) The World Economic Forum to be held in Davos offers a good opportunity to project Pakistan's economy which has registered a comeback, said Prime Minister ... Read more...
Posted in South Asia |
Canada over-estimates foreign trade: Think tank
January 20th, 2012 - 4:59 pm ICT by IANS
Ottawa, Jan 20 (IANS) Canadians over-estimate the value of their country's trade with the US, a major think tank says in a report.The Conference Board of Canada report, released Thursday, ... Read more...
Posted in Business |
India, EU firm up agenda for summit, discuss free trade
January 16th, 2012 - 9:17 pm ICT by IANS
Bangalore, Jan 16 (IANS) India and the European Union Monday held wide-ranging talks on trade and security issues to firm up the agenda for their summit next month.Catherine Ashton, the ... Read more...
Posted in Uncategorized |
Mexico set auto production record in 2011
January 12th, 2012 - 12:40 pm ICT by IANS
Mexico City, Jan 12 (IANS/EFE) Mexico set a new auto production record of 2.55 million cars and light trucks in 2011, a 13.1 percent increase compared to the previous year, ... Read more...
Posted in Business |
India 2012 will be a story of enterprising Indians, mediocre leaders (Comment)
December 29th, 2011 - 2:05 pm ICT by IANS
2012 could be another atrophied year for India due to mediocre leaders without a cogent vision for the country. A country of 1.2 billion people, with boundless resources and energy, ... Read more...
Posted in Politics |
Latin American economy to grow 3.7 percent in 2012: UN panel
December 22nd, 2011 - 12:10 pm ICT by IANS
Santiago, Dec 22 (IANS/EFE) Latin American and Caribbean nations will enjoy growth of 3.7 percent in 2012 after expanding 4.3 percent this year, the UN Economic Commission for Latin America ... Read more...
Posted in Uncategorized |
Probability of global recession low: RBI
December 9th, 2011 - 2:28 pm ICT by IANS
Kolkata, Dec 9 (IANS) On the back of widespread fears that Europe's sovereign debt crisis is pushing a global economic downturn, the Reserve Bank of India (RBI) Friday said the ... Read more...
Posted in Business |
‘India, China to drive global construction equipment industry growth’
November 24th, 2011 - 5:48 pm ICT by IANS
Bangalore, Nov 24 (IANS) The multi-billion dollar global construction equipment industry is betting on India and China to rev up the sales growth hit by the slowdown in the ... Read more...
Posted in Business |
Stable China border will help growth: India
November 21st, 2011 - 10:06 pm ICT by IANS
New Delhi, Nov 21 (IANS) Readying to set up a mechanism to settle the border dispute with China, India Monday said it needed a stable arrangement on the issue that ... Read more...
Posted in Business |
Spain cuts 2011 growth forecast
November 17th, 2011 - 12:14 pm ICT by IANS
Madrid, Nov 17 (IANS/EFE) Spain's economy is likely to grow by 0.8 percent in 2011, the government said Wednesday, revising downward its earlier forecast of a 1.3 percent expansion in ... Read more...
Posted in Business |
Recession affecting pets in Britain
November 13th, 2011 - 11:04 am ICT by IANS
London, Nov 13 (IANS) It seems global recession is taking a heavy toll on pets' lives in Britain. Animal welfare charities here have warned of pets rapidly becoming the forgotten ... Read more...
Posted in Health Science |
No comfort for Spain in latest employment data
November 4th, 2011 - 11:46 am ICT by IANS
Madrid, Nov 4 (IANS/EFE) Last month's "bad" unemployment numbers represent a step backward for a Spanish economy struggling to emerge from recession, the country's labour minister said.Valeriano Gomez spoke Thursday ... Read more...
Posted in Business |
Spanish economy stalls
November 1st, 2011 - 11:04 am ICT by IANS
Madrid, Nov 1 (IANS/EFE) The Spanish economy did not grow at all in the third quarter compared with the previous three months and expanded only 0.7 percent in the 12 ... Read more...
Posted in Business |
Mexican central bank warns of risks arising from Europe, US
October 27th, 2011 - 12:27 pm ICT by IANS
Mexico City, Oct 27 (IANS/EFE) Mexico's central bank said the greatest risks to the country's economy and financial system stem from the debt crisis in Europe and its possible contagion ... Read more...
Posted in Business |
Parliamentarians meet in Bern, focus on global crises
October 17th, 2011 - 10:37 pm ICT by IANS
New Delhi, Oct 17 (IANS) Indian parliamentarians led by Lok Sabha Speaker Meira Kumar will be interacting with MPs from across the world at the 125th Assembly of the ... Read more...
Posted in Uncategorized |
Weak rupee benefits Infosys despite uncertainty
October 12th, 2011 - 7:34 pm ICT by IANS
Bangalore, Oct 12 (IANS) A 10 percent rupee depreciation against US dollar during the second quarter (July-Sep) has benefitted Indian IT bellwether Infosys, helping it in revising its revenue guidance ... Read more...
Posted in Uncategorized |
Finland owes innovative bent to research spending
October 2nd, 2011 - 3:11 pm ICT by IANS
Helsinki, Oct 2 (IANS) If Finland stands out on the global innovation map, it is thanks to the money spent on research and development, which stands at nearly $7 billion ... Read more...
Posted in Uncategorized |
China threatens Himachal’s rosin business
October 2nd, 2011 - 1:38 pm ICT by IANS
Shimla, Oct 2 (IANS) Cheap Chinese rosin, a solid form of resin obtained from pines and conifers, has flooded the Indian market and is threatening the profit margins of Himachal ... Read more...
Posted in Uncategorized |
GE chief doesn’t foresee another global recession
September 26th, 2011 - 11:19 pm ICT by IANS
Bangalore, Sep 26 (IANS) General Electric (GE) chief executive Jeffrey R. Immelt Monday sounded optimistic about the world economy weathering the present crisis and averting another global recession."At a ... Read more...
Posted in Business |
Indian IT industry’s revenue up 19 percent in 2010-11
September 10th, 2011 - 9:38 pm ICT by IANS
New Delhi, Sep 10 (IANS) The Indian IT industry posted an increase of 19 percent in its total revenue at Rs.4,38,296 crore ($96.1 billion) during financial year 2010-11, said a ... Read more...
Posted in Uncategorized |
US probes S&P;’s ratings on mortgage bonds before crisis
August 19th, 2011 - 11:28 am ICT by IANS
Washington, Aug 19 (IANS/EFE) The US Justice Department is investigating credit rating agency Standard & Poor's to determine if it rated mortgage bonds too highly prior to the economic crisis ... Read more...
Posted in Business |
Home sales fall in Spain
August 11th, 2011 - 11:01 am ICT by IANS
Madrid, Aug 11 (IANS/EFE) Home sales in Spain fell in June by 7.7 percent from the previous month and by a whopping 22.9 percent compared with June 2010, authorities said.Sales ... Read more...
Posted in Uncategorized |
No economic success without political stability: Gilani
August 9th, 2011 - 12:15 pm ICT by IANS
Islamabad, Aug 9 (IANS) No country can achieve economic prosperity without political stability, says Pakistan Prime Minister Yousuf Raza Gilani.Addressing the Pakistan Investors Forum at Jeddah, Gilani said Pakistan ... Read more...
Posted in South Asia |
Spanish economy slowed in second quarter
August 7th, 2011 - 11:33 am ICT by IANS
Madrid, Aug 7 (IANS/EFE) Spain's economy grew 0.2 percent in the second quarter, down from a 0.3 percent pace in the first three months of the year, the central bank ... Read more...
Posted in Business |
Number of poor in Mexico climbs by 3.2 mn
July 30th, 2011 - 12:48 pm ICT by IANS
Mexico City, July 30 (IANS/EFE) The number of people below the poverty line in Mexico rose by 3.2 million between 2008 and 2010 to 52 million, or 46.2 percent of ... Read more...
Posted in Business |
‘Funds needed urgently to capitalise on HIV breakthroughs’
July 24th, 2011 - 6:09 pm ICT by IANS
London, July 24 (IANS) A higher and more sustained investment is urgently required to capitalise on the latest breakthroughs in HIV prevention, a report says.
Funding for HIV prevention research ... Read more...
Posted in Uncategorized |
Infosys upbeat on growth but cautious on IT spending
July 12th, 2011 - 9:53 pm ICT by IANS
Mysore (Karnataka), July 12 (IANS) Indian IT bellwether Infosys Ltd is upbeat on sustaining double-digit growth this fiscal (2011-12) too but unsure of the IT spend by its clients ... Read more...
Posted in Sci-Tech |
Pakistan’s forex reserves cross $18 bn
July 8th, 2011 - 12:37 pm ICT by IANS
Islamabad, July 8 (IANS) Pakistan's foreign exchange reserves have crossed the $18 billion mark, a record level in the country's history, says Prime Minister Yousuf Raza Gilani.Gilani said this ... Read more...
Posted in Business |
Strong growth prompts Bosch to invest more in India (Lead)
June 2nd, 2011 - 10:32 pm ICT by IANS
Bangalore, June 2 (IANS) A record 40 percent growth in net sales in 2010 and brighter opportunities in the resilient Indian market have prompted global automotive major Bosch to Thursday ... Read more...
Posted in Business |
Bank of Baroda expands in Africa with new Uganda branch
June 2nd, 2011 - 6:34 pm ICT by IANS
Kampala, June 2 (IANS) The state-run Bank of Baroda (BOB), which calls itself India's international bank, Thursday opened its 11th branch in Uganda as part of its renewed focus on ... Read more...
Posted in Business |
CII signs deal for Israeli technology
June 1st, 2011 - 9:29 pm ICT by IANS
New Delhi, June 1 (IANS) Industry lobby Confederation of Indian Industry (CII) Wednesday said it had signed an agreement with Israel's High Tech Industry Association (HTIA) to bring Israeli technology ... Read more...
Posted in Business |
Global CO2 emissions reach record high in 2010: IEA
May 31st, 2011 - 5:35 am ICT by IANS
Paris, May 31 (IANS) Energy-related carbon-dioxide (CO2) emission reached a record high in 2010, up by five percent from the last record in 2008, the Paris-based International Energy Agency (IEA) ... Read more...
Posted in Uncategorized |
Meet on media’s role in promoting human rights (Lead)
April 28th, 2011 - 6:15 pm ICT by IANS
New Delhi, April 28 (IANS) A two-day conference on the role of media in promoting human rights got underway in the capital Thursday, with participation of media organisations from ... Read more...
Posted in Uncategorized |
