The country of China has come into limelight across the globe in the last few years due to its excellent economic growth. With many of the multinational companies reaping rich dividends for their investments into China, China was the chosen destination for many a companies across the globe. Now the icing on the cake is the […]
The weekly inflation data released by the Government of India showed that the inflation touched a 12 year high of 12% last week sending shock across the country. With the food prices at record levels and crude oil also not showing any respite, and with generous non-plan expenditure by the Government is adding to the inflation pressure. […]
The US automobile companies have been reporting drop in sales in the first half of 2008 in the range of 5% to 30%. GM has reported a massive 28 billion loss in the first half, and other companies like Chevrolet, Toyota, Chrysler are also likely to report very poor bottom line numbers since they are in a […]
The WTO talks are likely to fail due to the tough stance taken by US on not reducing its farm goods subsidies one one hand, and developing nations unwilling to open up their markets to US for farm products without subsidy reduction by US. Experts feel that with the increasing clout of India among developing […]
The OPEC chief has predicted that the Crude oil prices which are hovering around 140 dollars, are likely to reach around 170 dollars in coming months. He said that with no major spare capacity in the world, and with demand only expected to go up in countries like India and China , it is likely […]
The Iranian officials have been saying that the Iran government is indeed open to dialogue with the US authorities on their Nuclear plans, provided the US side respects their point of view and shows interest in moving forward in the issue. With Presidential candidate Obama saying that he will pursue talks with Iran on the […]
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