The US, which witnessed one of the worst economic crisis in recent times, is coming out of recession faster and stronger than many countries of the world, a top Obama Administration official has said. “The economy is definitely getting stronger. We’re coming out of this stronger and more quickly than many ...

There are a number of rather dry economic indicators that astute traders pay attention to, some more carefully than others. Again, investors should be aware of them because they may affect the movement of the market when they are released. Here are some of the indicators: Consumer confidence, consumer price index, ...

Last time when ...

Who hasn’t heard the name ICICI? The world famous Industrial Credit and Investment Corporation of India (ICICI) Bank, recently had a tough time dealing with the unexpected rumors, spread all over the market, pin pointing the financial condition of the bank. Although, it’s the largest Private sector bank- in market ...

Two years back Mr Tata said – ‘I am unfortunately a person who has often said, you put a gun to my head and pull the trigger or take the gun away, I won’t move my head.’ Finally, the devil has won and Ms. Mamta Devil Banerjee has succeeded in ...

Today morning, when I picked up Economic Times, something which was long awaited was there on the front page as headlines – ‘TCS signals hard times, nips staff salaries’. As soon as I read this, I gave a call to one of my engineer friend who is working with TCS ...

Topsgrup is now all set to buy the UK-based company and has stroked Rs.200-crore deal for it. It has already short-listed two British companies engaged in security services. Both the companies have a turnover about Rs.500-crore and a deal is on the cards. Topsgrup is ranked as the second-largest security services ...

Baxter is now on a hunt for companies in India for a possible acquisition. This move is not for the expansion of its portfolio as expected by industry experts. The company is dedicated to get a ready-made distribution sales force for its medication delivery to develop at a rapid pace ...

Ben Bernanke, the chairman of Federal Reserve is still concerned about the inflation and want to make sure that the price hikes don’t make the things worse. Bernanke said that the fed policymakers would be careful about ensuring that the recent pattern of higher readings in core inflation is not maintained. The ...

The Bharti Airtel’s new FII investment has hit a roadblock. The foreign institutional investors (FIIs) cannot increase their shareholdings & exposures in the countries largest telecom company, Bharti Airtel until the government allows the company to hike its foreign investment ceiling from 49% to 74%. Currently, FII investment is close to ...