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New Delhi, 13 Feb. The New Delhi, 13 Feb. The inflation   rate dropped to 4.39% the last week of January, the lowest it has been in over a...

New York, 11 Feb. UPDATED: Just three weeks into his presidency, Obama has won a significant victory, getting agreement on a $789 billion plan from congressional leaders, in a...

Reykjavik, 6 Feb. What was once one of the world’s most prosperous nations, Iceland is now struggling from the shocks of the financial collapse, and many are wondering how...

New York, 28 Jan. US Economy: Zombie Banks and why the US Tolerates them Zombie banks are financial institutions that have negative balance sheets yet are still alive and...

London, 21 Jan. Royal Bank of Scotland announced it would report losses before write-downs of £7 to £8 billion for 2008. This has caused its London, 21 Jan. Royal...

Hyderabad, 16 Jan. “Dear Board Members, It is with deep regret, and tremendous burden that I am carrying on my conscience, that I would like to bring the following...

Hollywood 9 Jan 2009. Car makers are going through a government-sponsored rescue plan. They aren’t the only ones asking for help – porn moguls are trying to Hollywood 9...

Beijing, 24 Dec. The Chinese economy grew a whopping 9.9% in the first three quarters of 2008, and 11.9% in 2007. Forecasts for 2009 are nowhere near as rosy....

New Delhi, 16 Dec. 2008 started out well enough with growth figures approaching 10%. However, with the massive financial troubles which began towards the end of 2008, 2009 does...

Detroit, 5 Dec. First the most powerful banks in the US were “too big to fail”. Now the same is said about US automakers General Motors, Ford, and Chrysler....