Spain needs to take decisive actions to cope with crisis: IMF

Last Updated: Saturday, July 28, 2012, 12:15

The International Monetary Fund (IMF) has said that Spain needs to take "decisive actions" to tackle economic challenges and restore market confidence.

Lakshmi Mittal pessimistic on Europe's economy

Last Updated: Tuesday, July 24, 2012, 09:07

One of Britain's richest men, Mittal's lack of enthusiasm can be seen as bleak for the economic outlook of the continent, since steel is such a vital component of construction.

'Europe's debt crisis to be prolonged'

Last Updated: Friday, July 6, 2012, 12:57

Europe's debt crisis has the nature of protracting and consistently existing due to the failure to tackle the region's fundamental structural problems, South Korea's finance minister said Friday.

TCS looking at Australia, Middle East for growth: Tata

Last Updated: Friday, June 29, 2012, 22:26

Tata Group Chairman Ratan Tata on Friday said group IT company TCS is looking at opportunities in Australia and Middle East for growth as traditional markets in the West are in the midst of a deep financial crisis.

US Federal Reserve ready to act if Europe crisis worsens

Last Updated: Friday, June 8, 2012, 10:16

US Federal Reserve Chairman Ben Bernanke said on Thursday his institution is ready to act if the European financial crisis worsens.

Foreign investments should be encouraged: Pawar

Last Updated: Saturday, June 2, 2012, 23:32

Agriculture Minister Sharad Pawar on Saturday said India can take advantage of the financial crisis in other parts of the world by increasing its production.

Leading Spanish bank seeks fund support to avert bankruptcy

Last Updated: Saturday, May 26, 2012, 16:00

Spain's fourth largest bank Bankia, which lost billions of euros through its exposure to the collapsed property market on Friday asked the government for a financial support of 19 billion euros to avert bankruptcy.

Realty share in FDI slumps to 1.94% between Apr'09 and Dec'11

Last Updated: Tuesday, May 22, 2012, 22:01

Owing to global financial crisis, the foreign direct investment (FDI) in the real estate sector between April 2009 and December 2011 (Q1 FY10 and Q3 FY12) declined by a drastic 92 percent, a recent survey says.

‘Centre’s policies to blame for financial crisis’

Last Updated: Sunday, May 20, 2012, 20:33

The economy gets affected when policies are framed with political and electoral gains in mind, BJP leader Murli Manohar Joshi said.

Centre not helping Bengal at all: Mamata

Last Updated: Tuesday, May 15, 2012, 18:53

West Bengal Chief Minister Mamata Banerjee on Tuesday accused the Centre of not helping her government at all to overcome its financial crisis.

SpiceJet to perform better going forward: Report

Last Updated: Sunday, May 13, 2012, 14:19

SpiceJet is poised to perform comparatively better than its peers, but a financial turnaround in the near-term is ruled out, said an HSBC research report.

Global economic crisis a wake-up call for Asia: ADB

Last Updated: Thursday, May 3, 2012, 12:10

Financial crisis in Europe could escalate and along with slow recovery in the US, this year will be crucial for global economy but Asian nations must continue long term structural reforms while insulating the region against the troubles, ADB said on Thursday.