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Breaking News Sat, 31 Jul 2010
Traders work on the floor of the New York Stock Exchange Tuesday
(photo: AP / Jason DeCrow)
US stocks face volatile week with jobs report
The Times Of India
NEW YORK: US stocks are expected to face a volatile week as Wall Street awaits a key government jobs report expected to show unemployment at elevated levels. | The government will release the July employment report on Friday with most analysts expecting non-farm payrolls to fall by 87,000 in July an...
American Senator and presidential hopeful Barack Obama at the Presidential Health Forum in Las Vegas, Nevada, USA.
(photo: Creative Commons / Center for American Progress Action Fund)
The Saturday Word: The Economy
The New York Times
| President Obama criticized Senate Republicans on Saturday for blocking Democrats’ attempt to expand loan programs and tax breaks for small businesses, while Republicans condemned Mr. Obama’s policies as job-killers. | “I’m calling on the Republican leaders in the Senate to stop holding Ame...
ICICI bank - traffic - road, India
(photo: sv1/WN)
ICICI Bank profit up 17 percent on better loans
Newsvine
| MUMBAI — ICICI Bank, India's largest private sector bank, said quarterly profit rose 17 percent as it cut costs and eliminated bad loans amid revived credit demand in India's growing economy. | Net profit in the quarter ended June 30 was 10.3 billion rupees ($221 million), roughly in line wi...
Leading Square Mile financiers label coalition's immigration cap 'a disaster'
The Observer
| Leading City employers are furious about the limits being imposed by the government on the number of non-EU citizens they are able to employ and are urging a dramatic rethink of the government's policy. | The financial district prides itself on its...
What Keynes might say to Vince Cable
The Observer
| A letter from heaven from John Maynard Keynes ... | Dear Dr Cable. Forgive me for addressing you so formally; I know from my sporadic perusal of the Galaxy Gazette and the Earth Times that everyone refers to you as "Vince". And one gathers that the...
Abolition of retirement age is wise, but it won't solve the pensions problem
The Observer
| The coalition's move to abolish the default retirement age of 65 is a step in the right direction, but simply allowing people to work longer will not solve the pensions crisis, either for individuals or for companies. Neither will the piecemeal mea...
Cameron & Co woo India as demand for retail goods rockets
The Independent
| India has been a cheap supplier of goods to the West in recent decades, but as its own economy grows, the direction of trade is turning. | Now it has a consumer market to which other nations want to export. That's why the Prime Minister led a phala...
Centre considers ban on iron ore exports
The Hindu
| Special Correspondent | Virbhadra Singh: Indian mills should get priority | Sajjan Jindal criticises Centre for giving preference to foreign steel companies | Bellary: Union Minister for Steel Virbhadra Singh said on Saturday that the Government wa...
Obama optimistic on economic recovery
The Hindu
| Narayan Lakshman | Washington: Even as U.S. President Barack Obama talked a good game on the United States' economy, the U.S. Bureau of Economic Analysis (BEA) revealed worrisome figures showing a deceleration in the ongoing economic recovery, with...
Maker of workforce software not immune to times
The Boston Globe
| Aron Ain, | Chief executive, Kronos Inc. | It's not just any chief executive who uses the phrase "yikes-a-roo.'' But somehow Aron Ain manages to pull it off. The engaging and straightforward Ain runs Kronos Inc., a Chelmsford software company found...
Emerging Economies
ICICI Bank - Fixed deposits, India
(photo: WN / Geeta)
ICICI Bank Profit up 17 Percent on Better Loans
ABC News
The Associated Press | MUMBAI, India July 31, 2010 (AP) | ICICI Bank, India's largest private sector bank, said quarterly profit rose 17 percent as it cut costs and eliminated bad loans amid revived credit demand in India's growing economy. | Net profit in the quarter ended June 30 was 10.3 billion rupees ($221 million), roughly in line with expect...
World Business
American Senator and presidential hopeful Barack Obama at the Presidential Health Forum in Las Vegas, Nevada, USA.
(photo: Creative Commons / Center for American Progress Action Fund)
The Saturday Word: The Economy
The New York Times
| President Obama criticized Senate Republicans on Saturday for blocking Democrats’ attempt to expand loan programs and tax breaks for small businesses, while Republicans condemned Mr. Obama’s policies as job-killers. | “I’m calling on the Republican leaders in the Senate to stop holding America’s small businesses hostage to politics and ...
World Politics
Cow  -  Cattle  -  Livestock
(photo: WN / Trigedia)
Beef ban: Caught in the lingo of Indian politics
Deccan Herald
Salil Misra | Should the question of cow slaughter be settled through legal and constitutional enforcement? Or should it be resolved through mutual accommodation? | On this and many other such sensitive questions, the makers of Indian Constitution were confronted with a genuine dilemma. Simply put, their predicament was: should the Constitution be ...



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