Beijing, Nov 20: Despite global economic downturn, the personal wealth of the rich in China has continued to expand crossing 4,50,000 by the year-end 2009, a new study report said.According to Boston Consulting Group (BCG) report, millionaire households represented only about
Mumbai, Nov 20: Despite few signs pointing towards recovery from the global economic slump, India's leading software exporter Infosys predicts that the 2010 IT budgets would remain on the lower side or unchanged as the clients are still cautious. "Past patterns
New York, Nov 13: Warren Buffet, world's second-richest person, has said the financial panic that gripped the globe in 2008 is a thing of the past.Addressing a gathering at Columbia University's business school, Buffett said, "The financial panic is behind us.
Bangalore, Nov 12: In a trend that signals beginning of better days for campus placements, the Indian Institute of Management Bangalore (IIM-B) reports that all the students of the 2010 were placed within a span of five days. “The entire
New Delhi, Nov 11: Speaking at the 25th India Economic Summit, External Affairs Minister, Shashi Tharoor brought up the concept of ‘vasudeva kutumbam’ which construes world as one and asked the world to open up more windows and doors to make
Johannesburg, Nov 2: Indian-born industrialist, Lakshmi Mittal continues to top the South Africa 'Rich List' which ranks 150 wealthiest businessmen in the country.The steel baron who does not even live in the country has managed to retain the position for the
Tokyo, Oct 30: Led by the good sales of PlayStation 3 game consoles and Michael Jackson hits, the Japanese electronics and entertainment behemoth, Sony Corp has posted smaller-than-expected 26.3 billion yen loss (289 mn dollars) for the Jul-Sep quarter.Reporting good numbers
New Delhi, Oct 30: Finance Minister Pranab Mukherjee on Friday, Oct 30 said that India has braved the global financial crisis better than other countries, but economy recovery is halting and slow.Speaking at the annual Hindustan Times Leadership summit here, Mukherjee
New Delhi, Oct 29: A meeting called by Finance Minister Pranab Mukherjee to review the implementation of austerity measure will be held today, Oct 29. Financial advisories of central ministries and departments will attend the meeting.In an attempt to ease the
Bangalore, Oct 27: In a statement released after the trilateral meet, India, China and Russia vowed to jointly tackle international terrorism indicating that the Taliban-led violence in Pakistan-Afghanistan border dominated the discussion.The foreign ministers of all the three countries met in