Government is leaving no stone unturned to prevent the market situation from worsening. The most recent move of not allowing the redemption of MF investment done by PSUs (Public sector banks). The cause behind this [...]
Pharmaceutical Companies
Owing to the ‘flight to safety’ behaviour of corporates, many of these have started picking up the funds they had parked in equities and private banks and transfer those to PSUs. This cautious attitude helped [...]
Among the sectors to feel the heat of nose-diving stocks, IT and Real Estate sectors are the greatest sufferers of this free-falling in market. So, what more reason does an IT professional, paying interest on [...]
After lowering of CRR, SLR and repo rate, it is the turn of interest rates on home loans to get trimmed. Pradeep Chopra, the Chairman of P S Group said that realty firms could escape [...]
Financial turmoil has whacked out several business entities and economies around the world. But it has given an ultimate push to the volume of global mergers and acquisitions across the world which has reached the [...]
The persisting economic condition seems to be taking a lot of time before allowing things come back to normal. After a number of huge organizations of Banking and financial sector giving in to the economic [...]
Oil prices plunged by more than 7 percent and reached $53 a barrel on Thursday. The bearish U.S. jobs reported intensive concern of deep global recession, signalling economic downturn. Also it indicates the crushed fuel [...]
The iconic finance minister of India is on a mission impossible to rein in the internal security platform in the nation to meet up the challenges of terrorism. Know for his knack of quick solutions [...]
With everyone talking about the impacts of the global recession that have severely hit many economies of the world, the aftereffects are yet to be experienced. India might not have experienced the hardest of times [...]
UNITES, (Union of IT enabled Services) India believes the Global Economic slowdown is to continuously cause job cuts in the sector. The total number can rise up to 50,000 by June of 2009, for both [...]
