The employment dynamics in the United States are finally changing and for good more than half of the country's employers are planning to hire in the next 12 months, a survey has said.

US job market in recovery mode; employers plan to hire in a yr

Press Trust of India

The US fiscal deficit is projected to touch a staggering $9.05 trillion in the next ten years, with the government unleashing massive public spending measures to bolster the recession-hit economy.

US fiscal deficit to touch $9.05 trillion in 10 yrs

Insurance regulator IRDA would soon announce disclosure norms for insurers wanting to raise money from the capital markets.

IRDA Disclosure norms for insurance companies soon: IRDA

Denying large-scale dumping of cheap steel from China and the CIS countries into India, Steel Minister Virbhadra Singh today said the government will take tough measures if such cases are brought to its notice.

No large-scale dumping of cheap steel from abroad: Virbhadra

Commerce and Industry Minister Anand Sharma said the state governments could play a vital role in bringing down transaction costs and timely movement of goods.

Govt looking ways to cut transaction cost for exporters

Interpol issues Blue Corner notices (for collection of information about a person's identity) against 19 people, including Col R Sadat Ullah of Pakistan, in connection with Mumbai terror strike last year.Interpol issues Red Corner notice against Abu Hamza, wanted in connection with the 26/11 Mumbai terror attack: CBI.

NEWSALERT: Interpol issues red corner notice to hamza in 26/11 attack

Union Law Minister M Veerappa Moily today virtually backed Chief Justice of India K G Balakrishnan on the issue of assets declaration by judges and said if judges were voluntarily disclosing their assets and &quot;wanting to become heroes, it is their wish.

If HC judges want to become heroes it is their wish: Moily

Allaying fears of broadcasters over content regulation, the Central government today said any regulatory mechanism would be formed only after consultations with stakeholders and the industry's larger interests will be taken into consideration.

No laws would be imposed on broadcasters: Soni

The government today turned down a demand for imposition of safeguard duty on imports of certain steel and aluminium products, saying the domestic industry is not being hurt by imports.

Govt rejects demand for safeguard duty on steel, aluminium

With the economic downturn impacting deal flows, salaries of top private equity professionals have taken a hit as most of the firms froze pay hikes and held back bonuses this year, experts say.

PE firms cut salary hikes, bonuses of top exec's amid downturn

Inflation rose to -0.95 per cent for the week ended August 15 from -1.53 per cent in the previous week on the back of rising food prices.

Inflation rises to -0.95% on high food prices

The government is setting up a high-level Task Force to address the problems of Micro, Small and Medium Enterprises (MSMEs) which have been demanding adequate financing and other incentives to tide over the economic slowdown.

Govt sets up Task Force to look into MSME sector demands

Brazil now has 557 swine flu deaths, making it the country with the highest number of fatalities in the world from the disease, according to figures announced by the health ministry.

Brazil tops global swine flu toll with 557 deaths: Officials

Business Standard

An advocacy group of Indian and Asian American has asked Air India to start its daily flight service between Washington and Indian cities.

USAsian asks for daily Air India flights for Indian cities

Drug trafficking in the United States generates an annual income of $63 billion, Mexico's Secretary of Public Safety said.

US drug traffic earns $63 bn per year: Official

The Obama Administration has said that it encourages dialogue between North and South Korea with the objective of bringing lasting peace in the Korean peninsula, while maintaining that denuclearisation remains its main goal for the region.

US encourages dialogue between North and South Korea

The Russian market of information technologies has expanded by 1.5 times in the past two years, Russian Minister has said.

'Russian IT market expands by 1.5 times in two years'

In his latest report on the Development Fund for Iraq, UN chief Ban Ki-moon today said $165.1 billion has been deposited in it from oil exports, from its inception through the end of last year.

Nearly $165 bn transferred to Iraq fund: Ban

Barack Obama issued a presidential proclamation today ordering flags to be flown at half-mast on all official US buildings following the death of Ted Kennedy.

Obama orders flags at half-mast in honour of Ted Kennedy

Edward Kennedy will be buried on Saturday beside his brothers at Arlington National Cemetery following a private funeral mass and memorial service in Boston, his family said.

Ted Kennedy to be laid to rest on Saturday

The government has initiated the process to notify the provisions of the CCI Act dealing with mergers and acquisitions, a move that would bring major deals like the proposed $23-billion Bharti-MTN merger within the the ambit of the competition watchdog.

Govt initiates process to notify CCI's M&A provisions

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