World economy
US downturn proves worse than expected
02 Mar 2009
The US economy suffered its deepest contraction in over a quarter century, in the fourth quarter, with DDP shrinking at 6.2 per cent annual rate
No 3 US law firm fires 8 per cent of its lawyers
28 Feb 2009
F1 gets a major boost - American team to join the grid next year
28 Feb 2009
With established teams still figuring out ways to survive on the F1 circuit, an all-American team has announced its intention to enter Formula One in 2010.
Wells Fargo suspends bonuses for top executives
28 Feb 2009
Buyout may save Honda’s Formula One team
28 Feb 2009
Honda's Formula One team, which dropped out of the F1 league in December last year, may be saved by a management buyout, according to a report in the London Times.
Alongside carbon, water footprint steps on the agenda for companies
27 Feb 2009
With companies increasingly focused on reducing their carbon footprint a new movement is urging corporations to track their "water footprint" as well.
Obama unveils $1.75-trillion deficit budget
27 Feb 2009
Though the $3.55 trillion budget for 2010 increases taxes on the wealthy, it outlines huge investments in energy, education, defense, health care and ailing financial services
TCS to freeze salaries, recruitment
26 Feb 2009
UK economy contracts by 1.5 per cent in Q4
26 Feb 2009
Washington Post Q4 net down 77 per cent
26 Feb 2009
Hit by the migration of print advertising to online, against the stiffest global slowdown, The Washington Post Co reported its ninth consecutive quarter of declining profits
Indians are largest migrant community in Great Britain
25 Feb 2009
Interesting Office of National Statistics figures reveal that one in nine people living in Britain were born abroad, and that Indian-born people remain the largest number of foreign-born residents.
US, Japan plan a united front at G-20 meet in April
25 Feb 2009
US and Japan have agreed to work together to tide over the global economic crisis and at the upcoming G-20 summit in April.
Japan's January trade deficit at its worst since WW II
25 Feb 2009
The Japanse economy has been severely affected by the slowdown in the US and Europe, as its exports have fallen by half.
US consumer confidence skids
25 Feb 2009
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India’s Millet Revolution To Enrich Global Food Basket
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Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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