Prime Minister Manmohan Singh said on Monday India must brace for slower economic growth because of the global market turmoil, but the country’s banks were safe and there was no need to fear any collapse.Singh told parliament the government and the Reserve Bank of India (RBI) were monitoring the situation and would ensure that additional […]
Drugmaker Eli Lilly & Co. cleared another legal cloud hanging over its top-selling drug Zyprexa when it announced a $62 million settlement Tuesday, but several other storms are still brewing for the antipsychotic medication.
Lilly agreed to pay 32 states and Washington, D.C., to resolve an investigation into the company’s marketing practices.
Attorneys general from several states […]
The European Central Bank’s chief and the chairman of euro zone finance ministers sided with Germany on Thursday in rejecting any need for a European rescue fund for banks suffering from the global financial crisis.France confirmed that President Nicolas Sarkozy would host a summit on the global financial crisis with leaders of Germany, Britain and […]
Global stock markets Friday cheered US government moves to sooth financial turmoil and a pledge to tackle toxic debt in the US banking system at the root of the crisis.
Battered financial stocks led the markets skyward as investors hoped the worst could soon be over after US authorities unveiled late Thursday a plan to buy […]
Chennai’s Alliance Group, which launched ‘Real Estate Television’, the country’s first 24×7 english news channel dedicated to the realty sector in July this year, now plans to invest Rs.1 billion in next two years.’We had launched the channel with an initial investment of Rs.500 million. Now we plan to invest Rs.1 billion in the next […]
Union Finance Minister P. Chidambaram emphasized the need to deliver skilled manpower of reasonable magnitude and quality within a short time frame here today.He was addressing the board meeting of National Skill Development Corporation (NSDC) in New Delhi today.
The Finance Minister also advised the board to establish and operationalize skill development institutes in all major […]
Gold prices rose by Rs 90 to Rs 11,590 per 10 gram in the bullion market here today on sustained buying by stockists and jewellers in line with firming trend in the overseas market. Marketmen said increased buying by stockists and jewellery fabricators to meet marriage and festival season demand mainly pushed up gold prices. […]
The US federal government will run a deficit of $407 billion for the budget year ending Sep 30 this year, according to the latest estimates released Tuesday by the Congressional Budget Office (CBO).The CBO also predicts that the budget deficit next year will increase further to an all-time high of $438 billion and could go […]
Gold prices extended last week’s rising streak, by adding Rs 25 to Rs 12,140 per ten grams on the bullion market today on fresh buying by stockists and jewellery fabricators influenced by firming global trend. Rising trend in the precious metals remained unabated as metals rose in London on the back of firming crude-oil prices, […]
The Internet has opened up an immense range of possibilities for freelance work. This unfortunately seems to have had a negative effect on some freelance businessmen. They forget that professionalism is a much appreciated aspect to the fairly unregulated world they deal in.
Business card printing is obviously going to be worthless to someone who works […]