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Global Economy in 2012 may be worse: IMF Chief 23 December 2011
In its World Economic Outlook report, the IMF projected that global economy would grow 4 percent in 2012. As the debt crisis in the euro area worsened and decision making in major advanced economies becoming more uncertain, the world economy...
Keywords: Global Economy in 2012, Global Economy in 2012, fiscal consolidation plan, International Monetary Fund
Read MoreIlliteracy costs India over $ 5,300 crore a year 18 April 2012
Literates constituted 74 per cent of the total population in India aged seven and above, and illiterates form 26 per cent, as per the provisional data of the 2011 census. World Literacy Foundation pointed out in its report titled 'Economic...
Keywords: functional illiteracy, poverty-stricken life, Dr. Tony Cree OAM, Dr. Tony Cree OAM
Read MorePM returns home after attending G20 summit 05 November 2011
Prime Minister Manmohan Singh on Saturday returned home after attending the crucial two-day G-20 summit in Cannes, which asked tax havens to adopt prudential norms for sharing of information to check money laundering and terror funding. Dr. Singh on Friday...
Keywords: G-20 summit, Global economy, twoday visit, cannes summit
Read MoreGold prices cheaper than 15 months ago 15 April 2013
Gold Prices today hit a new low falling Rs 1,250 per 10 grams in one day on Saturday. After further fall The 2.95% fall has resulted in the price of Rs 27,100 reaching a figure that gold was associated 15...
Keywords: multi commodity exchange, Gold price, bullion market, global economy
Read MoreBusiness confidence declined: CII survey 30 January 2012
Stagnation in investment plans had emerged as a key concern in the current macro-economic scenario. The survey further reveals that firms have reported a slowdown in sales, new orders, production and pre-tax profits in Q3 2011-12 as compared to Q2...
Keywords: high interest rates, global economy, current macro-economic scenario, CII survey
Read MoreHigh rate of denial of H-1B, L-1 visas to Indians: report 10 February 2012
The denial rate for India-born applicants for new L-1B petitions rose from 2.8 per cent in Fiscal Year 2008 to 22.5 per cent in FY 2009, a substantial increase that resulted in many employers being unable to transfer their employees...
Keywords: work-related visas, skilled professional, India-born professionals, National Foundation for American Policy (NFAP). Requests for Evidence
Read MoreRupee breaches 63 16 December 2014
Indian Rupee is continuing its downfall against dollar and on Tuesday morning, it breached Rs 63 for the first time since November 13, 2013. The Rupee is under severe pressure as the emerging market currencies are running into steep losses...
Keywords: Indian Rupee, Indian Rupee, market, market
Read MoreHigh rate of denial of H-1B, L-1 visas to Indians: report 10 February 2012
The denial rate for India-born applicants for new L-1B petitions rose from 2.8 per cent in Fiscal Year 2008 to 22.5 per cent in FY 2009, a substantial increase that resulted in many employers being unable to transfer their employees...
Keywords: National Foundation for American Policy (NFAP). Requests for Evidence, US immigration authorities, skilled professional, L-1 and H-1B
Read MoreGlobal economy heading for another downturn: RBI 25 January 2012
The global economy seems to be headed for another downturn after just three years. The recovery is likely to lose traction due to the continuing euro area debt crisis,” RBI Governor D. Subbarao said in a statement. Reserve Bank of...
Keywords: Governor D. Subbarao, Reserve Bank of India, Governor D. Subbarao, Governor D. Subbarao
Read MoreCybercrime costs unreasonable for the global economy 23 July 2013
A study released on Monday brought into prominence that cybercrime undergoes expenditure for the global economy between US$100 billion and US$500 billion (S$127 billion and S$633 billion) annually. The study known to have acknowledged more data is needed for precise...
Keywords: cybercrime expenditure in global economy, csis scholar, cybercrime costs unreasonable for the global economy, cybersecurity
Read MoreNew tax reforms against global economy? 14 February 2013
Speaking of the new proposals of tax reforms by the Obama administration, Anand Sharma, the commerce and industry minister, said that such measures if implemented could be counter productive since they would create newer barriers and deepen recession. Obama's government...
Keywords: nasscom summit, fiscal cliff, obama tax reforms, tax reforms
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