global recession

‘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 |

India keen to expand economic relationship with Kazakhstan: PM


April 15th, 2011 - 9:14 pm ICT by ANI
Astana (Kazakhstan), Apr 15(ANI): Indian Prime Minister Dr. Manmohan Singh on Friday said that he intends to discuss intensification of Indo-Kazakh economic engagement during his meeting with Kazakh President Nursultan Nazarbaev. ... Read more...

Posted in World |

World economic recovery uneven, says Chinese Trade Minister


April 13th, 2011 - 8:14 pm ICT by ANI
By Naveen KapoorSanya, Apr 13 (ANI): Chinese Trade Minister Chen Deming on Wednesday said that after the global recession, the world economic recovery is still facing challenges in the form of ... Read more...

Posted in World |

BRICS to sign unique pact at Sanya to use own currencies for lending and grants


April 13th, 2011 - 2:29 am ICT by ANI
Sanya (China), Apr 12 (ANI): In what could be seen as signal of its growing clout in world economy , the group of fastest growing economies -- Brazil, Russia, India, China ... Read more...

Posted in South Asia |

ADB says China’s GDP to grow 9.6 percent in 2011 (Second Lead)


April 6th, 2011 - 3:48 pm ICT by IANS
Hong Kong, April 6 (IANS) China's economy is expected to grow 9.6 percent in 2011 as fixed asset investment remains a key driver, the Asian Development Bank (ADB) said in ... Read more...

Posted in Business |

Moody’s downgrades Spain’s debt rating


March 11th, 2011 - 11:55 am ICT by IANS
Madrid, March 11 (IANS/EFE) Moody's downgraded Spain's debt rating Thursday from Aa1 to Aa2 with a negative outlook, citing high bank recapitalisation costs.Six months after stripping Spain of its highest-quality ... Read more...

Posted in Business |

Only Parliament can amend Pak Constitution: Gilani


March 7th, 2011 - 12:02 pm ICT by ANI
Lahore, Mar 7(ANI): Pakistan Prime Minister Yousuf Raza Gilani has said that no institution other than the Parliament can rewrite the country's Constitution."The Constitution clearly determines the role of all state ... Read more...

Posted in South Asia |

Spain’s jobless total at 15-year high


March 3rd, 2011 - 11:47 am ICT by IANS
Madrid, March 3 (IANS/EFE) Spain has nearly 4.3 million people without jobs, the highest total since the current statistical series began in 1996, the labour ministry has said.In February, an ... Read more...

Posted in Business |

Survey projects Karnataka’s growth at 8.2 percent


February 23rd, 2011 - 10:45 pm ICT by IANS
Bangalore, Feb 23 (IANS) Karnataka's gross state domestic product (GSDP) is estimated to grow 8.2 percent this fiscal (2010-11) as against 5.2 percent in the last fiscal (2009-10), according to the state's ... Read more...

Posted in Business |

‘Double-Dip’ recession 2011


February 11th, 2011 - 7:59 pm ICT by Aishwarya Bhatt
Washington DC, Feb 11 (THAINDIAN NEWS) The world was hoping that the recession that did hit the world almost three years ago was slowly getting to an end.While the 2011 predictions were ... Read more...

Posted in Business |

Italian businesses eye deals worth 640 bn euros in India


February 3rd, 2011 - 11:37 am ICT by IANS
Rome, Feb 3 (IANS/AKI) Companies from Italy's main business association Confindustria will visit the Indian capital New Delhi in October in a bid to clinch deals on infrastructure projects worth 640 billion ... Read more...

Posted in Business |

Pak situation can’t be compared with events in Egypt, Tunisia: Gilani


January 31st, 2011 - 3:17 pm ICT by ANI
Multan, Jan 31(ANI): Pakistan Prime Minister Yousaf Raza Gilani has said that the current situation in Egypt or Tunisia cannot be compared with that of Pakistan, as the country's "institutions are working ... Read more...

Posted in South Asia |

Indian products and services show in Nigeria this month


January 17th, 2011 - 1:51 pm ICT by IANS
By Francis Kokutse Lagos, Jan 17 (IANS) With Indian outreach to Africa steadily growing, a major Indian products and services show is being mounted here later this month amid high hopes that ... Read more...

Posted in Business |

Gilani resolves to launch “jihad” against corruption in Pakistan


January 2nd, 2011 - 2:01 pm ICT by ANI
Islamabad, Jan 2(ANI): Pakistan Prime Minister Yousaf Raza Gilani has expressed his government's resolve to launch a "jihad" against corruption in 2011."It is our resolve for the new year to launch ... Read more...

Posted in South Asia |

Smart City CEO comes to get drunk: Achutnanandan (Lead)


December 31st, 2010 - 10:00 pm ICT by IANS
Thiruvananthapuram, Dec 31 (IANS) Even as the deadlock between the Kerala government and Smart City Dubai continued over the fate of the proposed Rs.1,500 crore Kochi project, Chief Minister V.S. Achuthanandan vented ... Read more...

Posted in Business |

Bangladesh’s manpower export drops by 21 percent


December 29th, 2010 - 6:08 pm ICT by IANS
Dhaka, Dec 29 (IANS) Bangladesh's labour export, the country's second biggest source of foreign exchange, has fallen by 21 percent, an official study has said.Besides, the remittances have gone up by ... Read more...

Posted in Business |

Relief promised for displaced in Nagpur airport project


December 15th, 2010 - 10:47 pm ICT by IANS
Nagpur, Dec 15 (IANS) Maharashtra Chief Minister Prithviraj Chavan said Wednesday that the government would provide compensation, starting at Rs.5 lakh, to people whose land was acquired for setting up a ... Read more...

Posted in Business |

IMF likely to expand credit line for Mexico


December 15th, 2010 - 12:34 pm ICT by IANS
Mexico City, Dec 15 (IANS/EFE) The International Monetary Fund (IMF) is likely to approve Mexico's request to increase to $73 billion the flexible credit line the institution created last year for Latin ... Read more...

Posted in Business |

Pak will have to take “unpopular decisions” for nation’s progress: Gilani


December 12th, 2010 - 3:13 pm ICT by ANI
Lahore, Dec 12 (ANI): Pakistan Prime Minister Yousaf Raza Gilani has said the government will have to take "difficult and unpopular decisions" to tackle the challenges confronting the nation."We have two options ... Read more...

Posted in South Asia |

India-European Union set to expand business ties


December 10th, 2010 - 10:33 am ICT by IANS
By Sarwar Kashani Brussels, Dec 10 (IANS) India and the 27-nation European Union are set to expand economic ties by setting the stage for a major trade and investment deal that is ... Read more...

Posted in Business |

India is EU’s 9th major trading partner


December 9th, 2010 - 11:26 pm ICT by IANS
Brussels, Dec 9 (IANS) The European Union's (EU) trade in goods with India, which is the EU's 9th most important trading partner, picked up in the first nine months of 2010 after ... Read more...

Posted in Business |

Modi invites Andhra investors to Gujarat


December 5th, 2010 - 6:58 pm ICT by IANS
Hyderabad, Dec 5 (IANS) Gujarat Chief Minister Narendra Modi Sunday said his dream was to develop his state as the globally-preferred place to live in and do business in and invited ... Read more...

Posted in Business |

Joblessness climbs in Spain


December 3rd, 2010 - 11:39 am ICT by IANS
Madrid, Dec 3 (IANS/EFE) Spain's jobless rolls expanded by 24,318 last month to more than 4.11 million people, an increase of 0.6 percent from October, the Labour and Immigration Ministry said Thursday.It ... Read more...

Posted in Business |

Rajat Kapoor and Neha Dhupia attends first screening of ‘Phas Gaya Re Obama’


December 2nd, 2010 - 5:03 pm ICT by ANI
Normal 0 By Shaikh SharikMumbai, Dec.2 (ANI): Bollywood actor Rajat Kapoor and Neha Dhupia attended the first screening of 'Phas Gaya Re Obama' in Mumbai.Besides Kapoor and ... Read more...

Posted in Entertainment |

Movie Review : Phas Gaye Re Obama


December 2nd, 2010 - 4:35 pm ICT by Sampurn Wire
Director: Subhash KapoorStarring: Amol Gupte, Neha Dhupia, Rajat Kapoor, Sanjay Mishra, Manu RishiDirector Subhash Kapoor, who is just two films old, will be competing with two well settled directors of Bollywood ... Read more...

Posted in Entertainment |

After 10 years, I’m on a movie poster: Manu Rishi


December 2nd, 2010 - 1:35 pm ICT by IANS
New Delhi, Dec 2 (IANS) Writer-actor Manu Rishi says his happiness knows no limit when his daughter points out to a poster of Rajat Kapoor's "Phas Gaya Re Obama" on a bus ... Read more...

Posted in Entertainment |

Spain to cut taxes on small business


December 2nd, 2010 - 11:37 am ICT by IANS
Madrid, Dec 2 (IANS/EFE) Spanish Prime Minister Jose Luis Rodriguez Zapatero announced Wednesday a new set of measures to boost the economy while also curbing public spending, such as a tax cut ... Read more...

Posted in Business |

Abhishek, Surya to fight it out with ‘…Obama’ this Friday (IANS Preview)


November 29th, 2010 - 9:03 pm ICT by IANS
New Delhi, Nov 29 (IANS) Bollywood actor Abhishek Bachchan and Tamil superstar Surya will tug it off at the box office this Friday with their outings "Khelein Hum Jee Jaan Sey" ... Read more...

Posted in Entertainment |

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