sluggish economy

Housing developers hail FDI in retail, call for realty reforms


September 20th, 2012 - 6:22 pm ICT by IANS
Mumbai, Sep 20 (IANS) Hailing the UPA government's decision to allow FDI in retail as the right move, the housing developer community Thursday called for accelerating the economic reforms process ... Read more...

Posted in Business |

Democrats woo middle class, say Romney out of touch


September 5th, 2012 - 12:42 pm ICT by IANS
Washington, Sep 5 (IANS) Democrats wooed the middle class with Michelle Obama calling the first family a testament to the American dream as others attacked President Barack Obama's Republican ... Read more...

Posted in Politics |

Britain ready to underwrite infrastructure projects


September 3rd, 2012 - 1:16 pm ICT by IANS
London, Sep 3 (IANS) British Chancellor of the Exchequer George Osborne has said the government, in a bid to boost the country's sluggish economy, would underwrite altogether 50 billion pounds ... Read more...

Posted in Business |

Canada’s deficit down amid sluggish economy


September 1st, 2012 - 1:46 pm ICT by IANS
Ottawa, Sep 1 (IANS) While Canada appears to be on track in reducing its budgetary deficit, global economic uncertainty could stall the government's plan, the federal Finance Department warned.For the ... Read more...

Posted in Business |

Italy’s public debt rises to record high


July 17th, 2012 - 3:13 pm ICT by IANS
Rome, July 17 (IANS) Italy's public debt hit a record high in May despite Rome's recent efforts to ease the overstretched finances, showed a central bank report.The national debt stood ... Read more...

Posted in Uncategorized |

Bosch Q1 net up 23 percent


May 8th, 2012 - 12:15 am ICT by IANS
Bangalore, May 7 (IANS) Leading automotive and industrial products firm Bosch Ltd reported net profit of Rs.336 crore for the first January-March first quarter of 2012, registering a 23 percent ... Read more...

Posted in Business |

Nobel laureate seeks reversal of US austerity measures


May 3rd, 2012 - 3:30 pm ICT by IANS
Washington, May 3 (IANS) Nobel Prize-winning economist Paul Krugman has called for more government spending and an end to US austerity measures in a bid to jolt the sluggish economy ... Read more...

Posted in Life Style |

Giant Bluefin tuna sold for £472,000


January 5th, 2012 - 9:58 pm ICT by Aishwarya Bhatt
Tokyo, Jan 5 (THAINDIAN NEWS) Tuna is a major business in Japan. A restaurateur gave out £472,000 for a 593 lb bluefin tuna.The transaction took place at the Tokyo's Tsukiji fish ... Read more...

Posted in World News |

China’s GDP to grow by 8.8 percent in 2012


January 3rd, 2012 - 2:27 pm ICT by IANS
Beijing, Jan 3 (IANS) China's GDP will grow by about 8.8 percent in 2012, further moderating from 9.1 percent in the third quarter of 2011, the central bank said.The bank ... Read more...

Posted in Business |

US stocks end higher on holiday sales


November 29th, 2011 - 4:37 am ICT by IANS
New York, Nov 29 (IANS) The US stocks soared Monday, with the S&P; 500 snapping a seven-day losing streak, as investors were encouraged by strong holiday sales and new hopes ... Read more...

Posted in Business |

Sensex recovers from two-year low but closes 365 points down


November 23rd, 2011 - 6:51 pm ICT by IANS
Mumbai, Nov 23 (IANS) Spooked by a weak rupee and global economic turmoil, traders sold in droves at Indian equities markets Wednesday. A key index recovered after falling 586 ... Read more...

Posted in Business |

US Senate Oks job bill for veterans


November 11th, 2011 - 9:29 am ICT by IANS
Washington, Nov 11 (IANS) The US Senate has approved a bill to help unemployed war heroes.Thursday's 95-0 vote paved the way of a legislation of tax credits of up to ... Read more...

Posted in Politics |

Ferrari chief says Berlusconi must resign


November 1st, 2011 - 11:32 am ICT by IANS
Rome, Nov 1 (IANS/AKI) The head of Italian luxury sportscar maker Ferrari called on embattled Italian Prime Minister Silvio Berlusconi to resign and make way for a caretaker government, or ... Read more...

Posted in Politics |

US economy needs ‘jolt right now’, says Obama


October 6th, 2011 - 11:06 pm ICT by IANS
Washington, Oct 6 (IANS) Urging Congress to pass his $447 billion jobs bill without further delay, US President Barack Obama Thursday said the US economy needs an immediate "jolt"."Our ... Read more...

Posted in Politics |

Employment growth stagnates in Italy amid weak economy


August 3rd, 2011 - 1:27 pm ICT by IANS
Rome, Aug 3 (IANS/AKI) Italian unemployment declined slightly in June as companies in the eurozone's third richest country were too pessimistic about the economy to go on a hiring spree.Hardest ... Read more...

Posted in Business |

US adds less jobs in a sluggish economy (Lead)


December 4th, 2010 - 3:01 pm ICT by IANS
Washington, Dec 4 (IANS) A sluggish US economy added just 39,000 jobs in November while the unemployment rate rose to 9.8 percent, tempering hopes of a quick recovery from its worse ... Read more...

Posted in Business |

NYC swingers’ sex parties feeling recession pinch


November 13th, 2010 - 6:29 pm ICT by ANI
New York, Nov 13 (ANI): A survey has found that the recession has affected even New York City swingers' sex parties, as the scene has remained relatively tame.A couple lingering near the ... 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 |

US central bank keeps rates low amid slowing recovery


August 11th, 2010 - 2:01 am ICT by IANS
Washington, Aug 11 (DPA) The US Federal Reserve said Tuesday it was keeping interest rates at their record low of near 0 percent as it warned that the country's economic recovery was ... Read more...

Posted in Business |

President Barack Obama Signs Unemployment Benefits Bill


July 23rd, 2010 - 7:39 pm ICT by GD
By Gina Gomez Washington, July 23, (THAINDIAN NEWS) United States President Barack Obama signed the bill that would restore the benefits to the people who have been out of work for a period ... Read more...

Posted in Politics |

Spanish parliament approves labour market reform


June 23rd, 2010 - 6:14 am ICT by IANS
Madrid, June 23 (DPA) The Spanish parliament Tuesday approved a controversial labour reform in a vote marked by the abstentions of most legislators. The reform is meant to make Spain's rigid labour market ... Read more...

Posted in Politics |

Caja Madrid, Bancaja merger forms Spain’s biggest bank


June 11th, 2010 - 7:58 am ICT by IANS
Madrid, June 11 (DPA) Spanish savings banks Caja Madrid and Bancaja Thursday announced that they were merging to create the country's biggest savings bank. The boards of the two banks approved the merger. ... Read more...

Posted in Business |

Noynoy Aquino Leads Philippines Election


May 11th, 2010 - 7:25 pm ICT by GD
By Gina Gomez Manila, Philippines, May 11, (THAINDIAN NEWS) Senator Benigno Aquino III is all set to become the next president of Philippines after the initial results of the vote counting on Tuesday ... Read more...

Posted in World News |

US should end discrimination towards Pak to ink civil nuke deal: Qureshi


May 4th, 2010 - 5:15 pm ICT by ANI
Islamabad, May 4 (ANI): Reiterating the country's long standing demand, Pakistan Foreign Minister Shah Mehmood Qureshi has said that the United States must end its 'discriminatory' behaviour and enter into a civil ... Read more...

Posted in South Asia |

Stability of Pak may fall prey to massive electricity deficit


April 27th, 2010 - 2:14 pm ICT by ANI
New York, Apr.27 (ANI): Besides fighting the Taliban, which is threatening its very existence, and a sluggish economy, Pakistan finds itself mired in what appears to be its biggest crisis currently, ... Read more...

Posted in South Asia |

‘Frustrated’ educated ’strivers’ walking the sinister way of ‘jihad’ in Pak


February 28th, 2010 - 1:51 pm ICT by ANI
New York, Feb.28 (ANI): With the population of unemployed youth growing rapidly and a sluggish economy with very few new job opportunities, young educated men from Pakistan's middle and lower middle class ... Read more...

Posted in South Asia |

IMF approves 1.2 billion dollar aid for Pakistan


December 24th, 2009 - 12:58 pm ICT by ANI
Washington, Dec. 24 (ANI) : In an effort to bail out Pakistan's sluggish economy, the International Monetary Fund (IMF) has approved an aid of 1.2 billion dollars for the troubled country."It is ... Read more...

Posted in South Asia |

National Public Radio to cut 64 jobs to bridge 23 m dollar shortfall


December 13th, 2008 - 12:45 pm ICT by ANI
Washington, Dec.13 (ANI): Feeling the heat of worldwide sluggish economy, the Washington based National Public Radio (NPR) has decided to sack sixty four of its employees and discontinue two of its ... Read more...

Posted in World |

Franchise India-2008 starts in Delhi


November 29th, 2008 - 10:36 pm ICT by IANS
New Delhi, Nov 29 (IANS) Franchise India-2008, an international event on franchise, retail and licensiing industry, started here Saturday with the participation of over 350 domestic and global brands.Vice-Chief of Army Staff ... Read more...

Posted in Business |

Inflation rate up marginally, touches 10.72 percent (Lead)


November 6th, 2008 - 7:01 pm ICT by IANS
New Delhi, Nov 6 (IANS) India's annual rate of inflation, which had been easing for five consecutive weeks, rose slightly to 10.72 percent for the week ended Oct 25, from 10.68 percent ... Read more...

Posted in Uncategorized |

Industrial growth slumps in August (Lead)


October 10th, 2008 - 2:12 pm ICT by IANS
New Delhi, Oct 10 (IANS) India's industrial production growth dived to 1.3 percent in August, compared to 10.9 percent in the corresponding period last year, a setback for the government grappling with ... Read more...

Posted in Uncategorized |

Direct tax collection up 33 percent to Rs.1.47 trillion


October 6th, 2008 - 8:01 pm ICT by IANS
New Delhi, Oct 6 (IANS) Faced with a sluggish economy, Indian policy-makers Monday received some solace, with net direct tax collection up nearly 33 percent to Rs.147,197 crore or Rs.1.47 trillion in ... Read more...

Posted in Business |

Bankruptcy filings in US up by 38 percent


April 16th, 2008 - 3:46 am ICT by admin
DPA Washington, April 16 (DPA) Bankruptcy filings by consumers and businesses in the US climbed by 38 percent to 850,912 in 2007, the Administrative Office of US Courts revealed Tuesday. There were 617,660 ... Read more...

Posted in World |

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