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Global slowdown News
Tourism begins to feel the global pinch New Delhi: "Incredible India" is what the country's energetic promotional campaign calls it. But behind the glossy brochures is an increasingly hard fight to entice foreign tourists. The worst financial crisis in 80 years, high oil prices and a slew of militant attacks has hit an industry that has basked in double-digit growth numbers of both domestic and foreign tourists in recent years, according
Global slowdown may dampen tea exports
It’s testing time for tea exporters. While the demand for Indian tea has shot up following the production woes in Kenya, the global slowdown in economy might prove to be a dampener.
Slowdown forces steel cos to cut production
Diamond companies seek sops, duty cuts
Planning the pay package
At present, in spite of the global slowdown and talk about recession, corporate India's demand for savvy talent is growing.
IMF predicts 7% growth for India in 2009
The global slowdown will affect India too, but with a projected growth rate coming down to a "still strong" 7 per cent in 2009, the International Monetary Fund (IMF) sees the Indian economy continuing |
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