Economy

Piracy is a crime and it is here to stay! Sun, 11/11/2012 - 11:40 by Akshay Sharma Over the years, the illegal download and sharing of content on peer to peer networks has gained tremendous popularity, which directly harms the content owners who are left deprived of the millions of dollars of revenue they actually deserve. Comments	Russian Prime Minister invites Facebook CEO Sat, 29/09/2012 - 15:33 by Akshay Sharma Facebook CEO will meet Russina Prime Minister to discuus new ventures. Comments	Subsidy bill to hit 2.4 percent of GDP this year - Chidambaram Sat, 15/09/2012 - 14:45 by Dinesh Dhiman Major subsidies are going to gobble up as much as 2.4 percent of Gross Domestic Product (GDP) of the country, says the Finance Minister, P Chidambaram. Comments Read more
Indian government reins fiscal deficit, diesel up Rs 5 per litre Fri, 14/09/2012 - 11:03 by Minnie Mahendru The Government has discovered a new way to rein the fiscal deficit- it has raised the price of diesel by Rs five. Comments Read more	HSBC cuts India GDP forecast on lack of reforms Thu, 13/09/2012 - 11:18 by Dinesh Dhiman Global banking behemoth HSBC cut India Gross Domestic Product (GDP) forecast owing to a couple of factors, primarily being the lack of reforms and a challenging global economic backdrop. Comments Read more	US companies brace for imminent Grexit Mon, 03/09/2012 - 16:27 by Dinesh Dhiman Efforts by Greece to avoid defaults on its payments notwithstanding, US companies have already started preparing contingency plans to brace for imminent Grexit, the likely scenario of Greece exiting the Euro. Comments Read more
Prepare for contingency if Greece decides to quit currency Fri, 25/05/2012 - 11:17 by TUHIN SARKAR Are the contingency plans prepared, if Greece quits single currency? The leaders of European Union are being advised by senior officials to prepare contingency plans in Comments Read more	Macy’s Inc. enters in Chinese E market Thu, 24/05/2012 - 12:50 by TUHIN SARKAR Macy’s Inc. is entering Chinese E commerce market. Domestic market will be now facing the challenges. The Wall Street Journal reports shows, Macy’s Inc. Comments Read more	US auto sales rise in November Fri, 02/12/2011 - 15:37 by Neka Sehgal Despite, a sluggish economy and a weak employment sector, car sales in United States surged in November, their fastest pace in two years, reflecting a lot of pent-up demand. Comments Read more
Asian stocks surge on consensus to end Europe debt crisis Tue, 27/09/2011 - 17:24 by Jaspreet Virk Buoyed by positive Wall Street cues and pledge by European leaders to end the debt crisis, Asian stocks climbed Tuesday. Comments Read more	Euro zone divided over increasing size of bailout package Mon, 26/09/2011 - 18:01 by Anter Prakash Singh The leaders from the European countries are discussing the option to increase the size of the bailout package after the leaders from United States and several other countries urged them increase it. Comments Read more	Obama's deficit plan to include $1.5tn in tax increase Mon, 19/09/2011 - 16:49 by Jaspreet Virk In a hope to cut U.S. fiscal deficit by more than $3 trillion over the next decade, President Barack Obama on Monday will propose increase in taxes, mostly targeting the millionaire taxpayers. Comments Read more