Companies should stick to basics during slowdowns
During an economic slowdown, companies should stick to basics, quickly grab market share, cut costs, conserve cash, go in for acquisitions financed by long-term borrowing...
Equities in red, key index down 240 points
Despite opening strong, Indian equities markets were again in free fall mode Friday on weak global cues and mid-afternoon a key index had shed more than 260 points at its...
Developed world must shield countries like India: Chidambaram
Countries like India that drive global economic growth today shouldn't be made to suffer the impact of the current financial crisis and must get more funds to ease their ...
Tokyo stocks open modestly higher on bargain-hunting
Tokyo stocks opened modestly higher Monday as investors bought back battered shares, but gains were capped due to anxiety over the slowdown of Japan's economic growth.
Obama seeks help for automakers, homeowners; jokes over family life
In his first interview as president-elect, Barack Obama called for help for the ailing U.S. auto industry and for homeowners facing foreclosure amid the ongoing financial...
Japan's economy sinks into recession
Japan sank into its first recession in seven years in the July-September quarter as the global financial crisis took a heavy toll on the world's second largest economy an...
Seven killed in Canadian plane crash
Seven people were killed when a private passenger plane went down on the western coast of Canada's British Columbia province.
Bangladesh calls for LDC representation at economic summit
Bangladesh Sunday called for representation of the world's least developed countries (LDCs) at global economic summit in future.
Modi calls for more say to developing states in world finance
Calling for more democracy in world institutions, Gujarat Chief Minister Narendra Modi Sunday said a paradigm shift was required to give greater role to developing countr...
One year later, Kochi project stands on foundation stone
Exactly a year ago this day, the foundation stone for the much hyped information technology (IT)-related Smart City Kochi project was laid here amid fanfare by Kerala Chi...