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economy, business and finance  »  economy (general)  »  recession/slowdown
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New Delhi, Thursday, April 18, 2013

Major fillip to textile sector

Commerce and Industry Minister, Anand Sharma on Thursday unveiled the Foreign Trade Policy (FTP) for 2013-14 containing a number of sops including extension of the popular zero duty EPCG scheme to... »
Washington, Wednesday, April 17, 2013

Immigration reform brings agony and ecstasy

Even as the immigration reform proposal unveiled on Tuesday caused consternation in India over the potential fallout for IT firms, experts here advised that the policy measure should be interprete... »
More on recession/slowdown AND: BPOs and call centres, employment agency, globalization, government contract, IT Enabled Services, litigation and regulation
New Delhi, Friday, April 12, 2013

Disappointed India Inc seeks interest rate cut by RBI

Expressing disappointment over poor industrial performance, India Inc on Friday pressed for rate cut by the RBI to boost production and further revive the economic growth.Industry chamber F... »
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April 11, 2013

IT slowdown: students flock to US varsities

With recruitment this year expected to be sluggish, and pay packets remaining stagnant, graduate engineering students are looking to make the trip to universities in the US »
New Delhi, April 3, 2013

Have faith in us despite political jolts from our allies, PM tells industry

Though the United Progressive Alliance found it tough to manage political jolts from its constituents and allies in the past nine years, industry should not lose faith in the government’s efforts... »
NICOSIA, Cyprus, March 27, 2013

Cyprus prepares money controls before banks reopen

Cypriot authorities are preparing limits on how much money depositors can take out of their accounts a day before banks are set to reopen. A banking official said on Wednesday on conditi... »
Mumbai, March 13, 2013

HSBC, Morgan Stanley lower India’s growth forecast to 6%

Global financial institutions HSBC and Morgan Stanley on Wednesday lowered India’s economic growth forecast for the next financial year to 6 per cent from 6.2 per cent earlier due to challenging d... »
ATHENS, December 19, 2012

Austerity measures trigger strike in Greece

Civil servants in Greece are on a 24-hour strike against new austerity measures that will see more pay cuts next year as well as a rare round of job cuts. Wednesday’s strike led to public... »
NICOSIA, Cyprus, April 3, 2013

IMF agrees to its part of Cypriot bailout

The International Monetary Fund has agreed to its part of the bailout for Cyprus, saying it will contribute 1 billion euros ($1.28 billion). The European Union and the IMF this week fina... »

New Delhi, April 1, 2013

Core sector growth drops 2.5 % in February

Pulled down by a steep drop in natural gas output, the production of eight core sector industries contracted by 2.5 per cent in February, the first time in 2012-13. Sector-wise performance... »
NICOSIA, Cyprus, March 23, 2013

Cyprus racing to complete alternative rescue plan

Politicians in Cyprus are racing to complete an alternative plan to raise the funds necessary for the country to qualify for an international bailout, with a potential bankruptcy just three day... »

PARIS, December 22, 2012

French economy vulnerable to downturn, warns IMF

The International Monetary Fund warned Friday that the French economy, the eurozone’s second-largest, is vulnerable to a downturn because of its shrinking share of the export market and ossified l... »
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