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Global financial crisis News
Daniel Gros: Europe's Banks, Europe's crisis Europe continues to constitute the epicentre of Act II of the global financial crisis, which has now mutated into a sovereign-debt crisis within the eurozone. How could this happen when, at least on paper, all problems had seemingly been resolved during May’s extraordinary EU summit meeting, which created a European Financial Stability Facility (EFSF) and ensured total funding of close to $1
Overseas investments dip 36.7%
The global financial crisis has resulted in a sharp decline in overseas investment by Indian business in 2009-10.
US trade gap widens unexpectedly in May
The trade deficit widened unexpectedly in May, led by a big jump in imports from China that helped overpower the best month for US exports since September 2008, a government report showed on Tuesday.
Suman Bery: Are happy days here again?
Yesterday’s editorial in this newspaper ("The IMF gets more upbeat", July 12, 2010) noted that the IMF has had a patchy record in charting the evolution of the present crisis, following
Neha Chowdhry: Heeding the call of the African continent
Indian investments in Africa need to be honest, to make a business of it," said Vinod Dhall, director of corporate planning for the Mac Group, which invests in the East African and Tanzanian
Renewal premium grows 13% in 2009-10
In what would result in improving persistency levels in the life insurance industry, the renewal premium increased by 12.63 per cent to Rs 1,51,812 crore in 2009-10 against Rs 1,34,704 crore |
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