| Crises stalk Indian aquaculture sector | 14-AUG-09 |
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| The aquaculture sector in India suffered setbacks in terms of production, value and acreage during 2008-09. The overall production, including that of Scampi and shrimp, came down by 33.44 per cent to 88,803 tonnes against 133,422 tonnes last year. In value terms, the fall was 32.48 per cent to Rs 1,915 crore against Rs 2,836 crore in the previous year. |
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| ECB keeps key rate unchanged at 1% | 06-AUG-09 |
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| The European Central Bank (ECB) today retained its key rate at 1 per cent, amid the constituent countries continuing to grapple with the economic turmoil. |
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| Ford Motor drives into $2.3 bn Q2 profit | 23-JUL-09 |
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| One of the leading American car makers Ford Motor today posted a second quarter profit of $2.3 billion even as its competitors are fighting hard to survive the global economic turmoil. |
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| Seafood exports fetch a record amount | 08-JUL-09 |
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| For the first time ever, annual earnings from seafood exports have crossed the Rs 8,500-crore mark. In 2008-09, India exported 602,386 tonnes of seafood products worth Rs 8,592.08 crore ($1,905 million). This was second to the 612,641 tonnes recorded in 2006-07. The growth in marine exports from the country is promising as the global economic turmoil had badly hit prospects in the later half of the last financial year. |
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| Q1 sees 305 'problem' US banks; most in 15 yrs | 27-MAY-09 |
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| The number of "problem" banks in the US shot has up to 305 in the first quarter of this year, the most in 15 years, indicating that the country's financial system continues to experience the tremors of the economic turmoil. |
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| Elecon delays its overseas acquisition plans | 30-JAN-09 |
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| The ongoing economic turmoil has forced many corporate to revise their growth plans. In the wake of recession, Elecon Engineering Company Ltd has postponed its plans to acquire an overseas company. |
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| Sotheby's cuts art auction guarantees | 16-OCT-08 |
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| Sotheby's said it borrowed $250 million and cut guarantees it will offer sellers for the rest of the year by one-third as global economic turmoil threatens the bull market for trophy art. |
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| US to deal with economic turmoil: Bush | 19-SEP-08 |
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| President George W Bush said his administration will take any actions necessary to stabilise markets in the face of a crisis that is shaking confidence in the nation’s financial |
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| Attrition woes ease for tech firms | 25-MAR-08 |
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| Global economic turmoil and a changing environment for export oriented technology firms is bringing about a key change in them. High attrition, the chief headache for such firms, appears to be easing |
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