The Sensex slipped for the second straight session today, ending down 0.7 per cent as renewed concerns about the health of the global economy turned investors cautious ahead of key earnings later this week. The decline was led by technology and financial stocks on worries of a likely dampening in growth, after a spate of weak economic data from China and the United States pulled down global markets. Software
Few countries are more important to the global economy than China. But its reputation as an unstoppable giant - as a country with an unending supply of cheap labor and limitless capacity for growth
A great deal of the excitement that resulted from the fast recovery of China and India from the Great Recession of 2008-09 has begun to dissipate. Both countries raced forward while much of the
Bangalore: The resurgent Indian IT industry Monday expressed concern over the fragile global economy plunging into crisis again due to sovereign debt defaults in Europe, sluggish growth in the US and
Those who did not get the message in May when the Reserve Bank of India (RBI) raised policy rates by 50 basis points (bps), ignoring expectations of a 25 bp hike, should get it at least now. By
The Sensex snapped a two-day rise and slipped 0.6 per cent on Wednesday, tracking weak world markets after comments from US Federal Reserve Chairman Ben Bernanke added to worries about the slowing
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