Great depression 1929 vs current crisis

The great depression which originated in 1929 in US and spread world wide by 1930's was characterized by barren business and huge unemployment. The main cause of this depression was crashing of the stock markets in 1929..

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Need of a State Planning Board in J&K

Deliberating upon some factors as to why J&K was lagging behind a desirable growth, Qureshi said the state had its own problems. It fought wars with Pakistan, faced disasters like a four year drought in early 1990s and is facing militancy still now.

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LIC all set to finance real estate projects

In the times characterised by deficiency of liquidity in the arteries of the economy, LIC Housing Finance corporation is definitely showing a great deal of interest in the real estate projects with a view to finance these.

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Geansai Gorm plant to open in Limerick

Geansai Gorm plant will be the largest of its kind in the world. The management of the company are pleased to announce that they have located a site in Limerick to open their EMEA headquarters for their proposed new €1.2bn Blue Jumper Facility..

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Business resource optimisation: The key to success

Skilled workforce, best machineries and a good network of raw material suppliers, partners and whole sellers is all that one requires to run a successful business. To lead globally, one needs to provide unmatched quality at a reasonable price.

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AsiaTiv launches Best Deal Campaign for Asia

AsiaTiv has launched yet another plan for their affiliates and customers to get the best deals in hotel reservation. The AsiaTiv Best Deal Campaign is being introduced first to the Asian market.

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Economic regression leads to a nation’s fall

The deterioration in economy acts as an ice-breaker for the opposing nations to cash in. There is one famous quote: “Once you are compromising on your economy, you are indirectly providing the stance for a blissful opportunity to your opponents!”.

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Chidambaram asks for universal price-cut

Chidabaram promised to enforce an excise duty cut to soften the pressure on the concerned business organisations. His statement clearly manifested his inability to contain the ill-effects inflicted on the economy by the existing financial turmoil..

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Faith and stock exchange: The Dharma Index

The sensex does not merely mirror the economic health of the nation but its numerous intangible complexities too. If mathematical tools are indeed so useful, then they can perhaps measure something as nebulous as morality and righteousness.

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Sustainability: Does it make business sense?

Sustainability is the new buzz word for today's businesses. Wal-Mart for instance uses enough kilowatts to power couple of smaller Asian countries. If it helps modify the manner in which it consumes energy, the effect would be huge

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RBI asks banks to minimise derivative hazards

In a highly volatile market scenario marked by the ample deficit of liquidity in the economy, sustaining the pliability in the economic operations is becoming a challenge of the superlative degree for the RBI, the top-ranked financial institution.

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The concept of hedging

There is no return without risk. Higher the risk, higher the return. Lower the risk, lower the return. Neither is desirable. A certain level of risk is desirable and should be taken particularly when tools that minimise the risk are available.

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Tobacco industry undermining public health policies

Since negotiations on the global tobacco treaty began in 1999, the tobacco industry has used its political and economic influence in an attempt to undermine, delay and water down public health measures..

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IITF can serve the people better

The 28th India International Trade Fair (IITF) was inaugurated in New Delhi on November 14, 2008, by Vice-President Mohammad Hamid Ansari. IITF is an annual feature and this 14-day event has been attracting large crowds from all over the country .

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Sending files? JustSendOnline those!

To ensure that data is not compromised in transfer, JustSendOnline employs a Secure Socket Layer (SSL) protocol. An email is automatically generated to the recipients, who then download the file to their computers, PDAs or other devices.

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India better poised amidst global recession

The ongoing economic meltdown has led to collapse of economy after economy. What goes in India's favour is that it is a domestic consumption and investment-driven market where contribution of exports to the growth is not as big.

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Financial meltdown and media's role

When media gives more space to stock market crash, they give wrong message to the readers. As a result of such news, investors will sell their stocks at a loss and will also cancel their trading account. In the end, the markets would sink further..

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Property in Tunisia with International Hot Property

There are several reasons why Tunisia is currently an oasis in the desert. Tunisia’s breath-taking coast is a major destination for European and other holiday makers. Booming tourism and a strong economy are also boosting its property market..

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Financial Meltdown:What next

A great event also happened this month, Barack Obama- a sign of great hope and change is the President elect of USA. Though we understand he does not have a magic wand to deal with the crisis but the whole world looks up to him..

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Citigroup to sack another 50,000 employees

Senior officials of Citigroup recently revealed that the company will cut more than 50,000 jobs in the coming quarter of the financial year. Citigroup has already sacked 22,000 employees and several other job cuts are expected to come..

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Dun & Bradstreet India expects RBI to cut policy rates

Global consultancy firm Dun & Bradstreet expects the Reserve Bank of India to cut policy rates to spur economic activity in the wake of slowing industrial growth. RBI has also announced a slew of measures..

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David Brown launches new geared motor range

David Brown, a premier manufacturer of engineering products, has launched its new F2 range of geared motor. Available in 11 sizes, the new geared motor range combines high performance characteristics with David Brown's other recognised brand values..

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Hyderabad chosen destination for IT & ITES industry

Hyderabad offers stable political environment; cost efficient and good IT and physical infrastructure, an upcoming fiber gateway from Vizag to Singapore, and 3,000 kms of undersea cable; resources which are imperative for any offshore initiative.

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Mukesh Ambani is richest Indian: Forbes

Mukesh Amabni of the Reliance Industries is now the richest Indian of the world, while Laxmi Mittal ranks second. The Forbes magazine said that the combined net worth of India's 40 richest persons had declined by 60 per cent..

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Transocean optimistic about current market situation

The possible impact from the lower price of oil and the current financial turmoil is the talk of the offshore oil and gas industry. However, Transocean CEO Long believes offshore drilling would see interest from operators at attractive rates..

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FICCI seeks special package for textile industry

In the wake of the current economic crisis, FICCI has sought a ‘Special Textile Package’ for the industry. Under ‘Special Textiles Package’, FICCI has demanded, among other things, moratorium for one year on term loans for the textile industry..

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Transocean optimistic about current market situation

The possible impact from the lower price of oil and the current financial turmoil is the talk of the offshore oil and gas industry. However, Transocean CEO Long believes offshore drilling would see interest from operators at attractive rates.

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Zero commission makes air-booking charges heftier

Air tickets bought from the agents are set to become costlier as a result of November 1 deadline, for the 'zero commission'. However, the travel agents association would like the airlines to defer the implementation of the 'zero commission' rule.

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A glimpse into the Indian paradox

Swanky houses in skyscrapers built adjacent to dilapidated slums are just a glimpse into Indian paradox. India's problems haven't disappeared. The deficits in electric power and education are staggering; 26 per cent of Indians still live in poverty..

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Aundh: IIJT’s AF&T centre inaugurated

The Indian Institute of Job-Oriented Training (IIJT), one of India’s most dynamic and fastest growing national training institutes, was inaugurated officially by Hon Adv SK Jain (Chairman of Khadaki Education Society) recently..

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Big companies crushing common traders

With the emergence of big chains in the grocery, vegetable, music rental and cable sectors, the small players are being affected in a big way. Small-scale businessmen who lack strong financial stability find it tough to compete with the corporate biggies.

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Meet on harmonisation of medical devices, systems

A two-day meeting is being organised by FICCI and AHWP with the support and participation of Ministry of Health & Family Welfare. It's a significant step, reflecting government's commitment to global harmonisation of medical device regulatory standards.

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Banking on recession

This recession, or I would call it 'the fall in the confidence levels of people on the so-called banking supremacy held high by super powers' is more and opportunity than a calamity..

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Vocational training: A must for Indian economy

In India, people are obsessed with attaining a graduation degree and generally look down upon vocational education. This has resulted in a huge shortage of skilled workers. If this trend continues, it would hurt our economic growth in the long run.

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The black and white solution

It is said that the financial mess that the world faces today will have no effect on our economy. Is it a myth or a blatant lie? If it does have an effect, then what is the solution? Believe it or not, it is available to us and not to the west..

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