Democrats back down from bail-out for automakers
Democratic leaders in Congress said Thursday they do not expect to pass an immediate bail-out for the struggling US auto industry, citing opposition from Republican legis...
Bush seeks reforms but warns against abandoning free markets
U.S. President George W. Bush Thursday called for overhauling the "outdated" regulatory structures of the financial industry.
Gujarat engineering units feel liquidity crunch
Government measures to infuse liquidity into the financial system have helped only the equity markets while the manufacturing sector is still reeling under a credit crunc...
India for early free trade pact among BIMSTEC countries
With the global financial crisis in mind, India Thursday called for an early wrapping-up of a FTA pact among seven countries surrounding the Bay of Bengal and underlined ...
Globalisation not sustainable: Yechury
Globalisation is not sustainable as it cannot survive without financial ups and downs, Communist Party of India-Marxist (CPI-M) leader Sitaram Yechury said Thursday.
Noida garment export unit sacks 250 permanent employees
round 250 permanent employees of a garment export unit have been laid off in what is perceived to be a consequence of the prevailing economic sluggishness.
Hiring to fall short of expectations by 30 percent
New job generation in the organized sector is expected to fall short of predictions by 30 percent this year following the global meltdown.
Indian amusement park association joins hands with Chinese
The Indian Association of Amusement Parks and Industries (IAAPI) has signed an agreement with its counterpart in China for exchange of knowledge and technical expertise i...
Haryana forms boards to free farmers from moneylenders
The Haryana government will set up land conciliation boards in various districts of the state to free farmers from the clutches of private moneylenders.
Hafeez Contractor to build third phase of Kerala Technopark
Hafeez Contractor, one of the best-known architects of India, will build the third phase of an IT park in Kerala.