‘Global crisis forces reverse migration by up to 30%’

Last Updated: Sunday, August 5, 2012, 18:20

With concerns over the global economic situation and reports on growing unemployment, there is a rise in reverse brain drain by up to 30 percent, according to experts.

Spain's unemployment rate edges up

Last Updated: Saturday, July 28, 2012, 13:22

Spain's economic crisis continued to take its toll on employment in the second quarter, with the jobless rate edging up to 24.6 percent overall and more than 53 percent among youth.

Cyprus latest euro zone nation to seek EU-IMF bailout

Last Updated: Monday, June 25, 2012, 23:41

Eurozone nation Cyprus on Monday became the fifth country to ask for a financial help from the European Union’s rescue fund.

'Economic crisis may force donor nations to curtail development aids'

Last Updated: Friday, June 22, 2012, 16:29

The ongoing global economic crisis has impacted development assistance funds provided by world's major economies to developing countries and such aids may fall further from its current levels, former foreign secretary Shyam Saran said here on Friday.

'World economy is in deep trouble, India more vulnerable'

Last Updated: Monday, June 18, 2012, 20:11

With anxiety over the global economic woes being reflected at the seventh summit of the four-year-old grouping, Singh's suggestion that the G-20 should focus on the need on investment in infrastructure.

Political consensus on European crisis seems challenging: FM

Last Updated: Saturday, April 21, 2012, 16:22

Achieving a political consensus on resolution of the European economic crisis seems to be particularly challenging given the depth of the meltdown, Finance Minister Pranab Mukherjee has said.

PM warns of economic troubles, seeks broad consensus

Last Updated: Tuesday, March 20, 2012, 13:30

In the backdrop of the global economic crisis in recent years, Prime Minister Manmohan Singh Tuesday warned of "pitfalls" if India did not rise to the occasion and sought a "broad-based consensus" to meet the challenges.

CAG can play vital role in dealing with economic crisis:Rai

Last Updated: Wednesday, February 29, 2012, 18:50

Auditors can play an important role in helping countries deal with economic crises by suggesting mid-course corrections, Comptroller and Auditor General (CAG) of India Vinod Rai said Wednesday.

Worst phase of economic crisis over: Pranab

Last Updated: Monday, February 27, 2012, 23:17

Days ahead of presenting the Union Budget, Finance Minister Pranab Mukherjee Monday asserted that the worst phase of economic slowdown is over and India can achieve double digit growth.

Greek economy stuck in deep recession; GDP drops by 7%

Last Updated: Tuesday, February 14, 2012, 22:04

The Greek economy remained stuck in a deep recession in the fourth quarter, according to official figures released Tuesday that confirm the painful effects of austerity reforms intended to lower debt.

US, EU must deepen economic ties to fight crisis: Clinton

Last Updated: Saturday, February 4, 2012, 20:58

Clinton voiced confidence that Europe has "the will and the means" to cut runaway debt, build "the necessary firewalls" to protect the euro and take steps to spur growth.

Volatile capital flows pose risk to emerging economies: RBI

Last Updated: Tuesday, January 31, 2012, 16:24

Global capital flows are a two-way traffic between emerging and advanced economies, but the developing world remains vulnerable to volatility in such flows because they have limitations in borrowing in their own currencies in global markets, according to the RBI.