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G8 growth talk leaves wary markets awaiting action
By William Schomberg REUTERS - A pledge by leaders of industrialized nations to help the troubled world economy is unlikely to herald quick new action by Europe on its debt crisis, meaning more uncertainty for nervous financial markets. The Group of Eight economies stressed on Saturday that their "imperative is to promote growth and jobs", as they also recognized problems among European banks and

People will see the power of JM network in the next 5-7 years: Vishal Kampani

The recent silver streaks in the wavy, thick black mop belie his boyish features, but it lends an air of sobriety and gravitas. If Vishal Kampani is stepping into the big shoes of his father—

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Slow hiring bad news for US economy, Obama
Employers cut back on hiring in April and more people stopped looking for work, troubling signs for President Barack Obama whose re-election prospects could hinge on his handling of the economy.

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U.S. hiring slows, spells trouble for economy, Obama

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Govt bond auction might shift from Friday to Monday/Tuesday

The Reserve Bank of India (RBI) is considering advancing the day bond auctions are conducted, to reduce volatility in the market amid the high government borrowing plan. At present, such auctions

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World stocks rise on U.S. data, euro gains on Spain

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