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Sunday, Nov 22, 2009
 
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Spend less, save more: Obama to Americans22-NOV-09
As the US tries to emerge from a deep economic recession, President Barack Obama today told Americans to save more and spend less so as to bring the federal deficit under control.
PM leaves for four-day US visit22-NOV-09
Prime Minister Manmohan Singh left for Washington today for talks with President Barack Obama, saying India attaches “high priority” to its relations with the US and a “sustained and dynamic” partnership between them is essential to meet major global challenges like terrorism, climate change and economic slowdown.
Tentative recovery raises questions about reforms21-NOV-09
As countries around the globe recover from the recession, international leaders have asked for necessary restructuring of the global economy on the opening day of the World Economic Forum's summit on global agenda here.
Power demand traces economic recovery21-NOV-09
In a clear indication of an economic revival, the demand for power in India has jumped 6.3 per cent in the April-October period this financial year, compared with the same period of 2007-08 when it had increased by a mere 0.3 per cent, its lowest growth in the past five years, owing to the global financial meltdown.
Deora to meet Pawar next week to salvage ethanol programme21-NOV-09
With the acute ethanol shortage derailing the programme to blend the sugarcane extract in petrol, Oil Minister Murli Deora will meet Agriculture Minister Sharad Pawar next week to salvage the programme.
Balance between UN organs should be restored: India20-NOV-09
Concerned over the UN Security Council encroaching upon the General Assembly's agenda, India has said the balance between the world body's principal organs must be "maintained and respected" and the centrality of the United Nations restored.
Possibility of a financial crisis cannot be ruled out: Rangarajan20-NOV-09
With the developed world seeing a fragile recovery from the recession, projected to be a modest 1-2 per cent in the second half of 2009-10, a further financial crisis was not completely ruled out, said C Rangarajan, chairman of the Economic Advisory Council (EAC) to the Prime Minister.
India to grow 7% in '10: OECD20-NOV-09
Global growth forecast increased to 3.4 per cent.
HC tells Dalmia to appear before EOW tomorrow19-NOV-09
Delhi-based businessman Sanjay Dalmia today approached the Bombay High Court seeking permission to go abroad but a Division Bench asked him to first appear before Economic Offences Wing (EOW) here in connection with a cheating case filed by Indiabulls Financial Service.
Arvind Singhal: A silent revolution in the making19-NOV-09
As India goes through an extraordinary demographic shift in an environment which is also seeing an extraordinary economic change, there are many interesting implications for the country and society and, of course, businesses and would-be-entrepreneurs.
Nitin Desai: A new global oligarchy19-NOV-09
At the Pittsburgh Summit on September 24-25, 2009, the leaders determined that the G-20 will replace the G-8 as the “permanent council for international economic cooperation”. A new global oligarchy is coming into being and India is a part of this charmed circle. We are chuffed about the invitation to sit at the high table. In Washington next week, President Obama will ensure that this feeling of having arrived is further reinforced.
Employee morale in US low: survey18-NOV-09
Nearly a quarter of the employers in the US believe that their current employee morale is low as the ripple effects of economic recession — longer working hours and higher stress levels — still persist, a survey says.
'BRIC countries represent fundamental global economic shift'18-NOV-09
The rise of BRIC countries represents a fundamental shift in global economy and the developing world needs a legitimate seat at the table so that shared challenges are better addressed, a powerful US Senator has said.
US gets $2.75 bn from Indian students18-NOV-09
The economic slowdown notwithstanding, India retained its top spot in 2008-09 for sending the highest number of students to US varsities and colleges. India has been in the top position for the eighth consecutive year.
Sanjay Dalmia asked to appear before EOW18-NOV-09
The Bombay High Court has asked Delhi-based businessman Sanjay Dalmia to appear before the Economic Offences Wing (EOW) in connection with a cheating case.
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