Washington, Sep 10: While addressing the Congress, Barack Obama,the US President assured that the country was recovering from recession, which had hit America in Dec 2007.Obama appreciated the way US economy fought the meltdown but warned that it would
Mumbai, Apr 3: Thanks to global recession, the Indian Shipping industry is in dire consequences. Now the Indian Shipping Industry is seeking a bailout package to the tune of Rs 10,000 crore.The credit crisis is the biggest issue for the shipping
London, Jan16: Car giant Jaguar Land Rover is to axe 450 employees, including 300 managers, as part of a cost-cutting exercise, the company has announced on Thursday, Jan 15.
New York, Jan 12: The market collapse in the United States will force President-elect Barack Obama to abandon many of his campaign promises.
Mumbai, Jan 11: Global recession has not detered Maruti. India's leading car maker, Maruti Suzuki India (MSIL) has no plans to cut production despite the challenging market conditions and would go ahead with its expansion plans in the months ahead, a top company official said.
Mumbai, Jan 9: Wholesale Price Index (WPI) based inflation rate fell to a 10-month low of 5. 91 per cent for the week ended Dec 27, 2008 due to cheaper food items and manufactured goods.
San Francisco, Jan 9: Just a day after Mitsubishi decided to slash 2000 temporary employees, the reports of Google Inc to jettison over 5,000 temporary workers.