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Austerity has led young men to be 'spornosexual': Study

Austerity has led young men to be 'spornosexual': Study

Austerity measures undertaken by governments as a result of economic crisis have driven young men to become spornosexual and to seek value instead through their bodies, says a study.

Venezuela`s woes deepen as Citibank shuts teller window

Venezuela`s woes deepen as Citibank shuts teller window

Venezuela`s howling economic woes have worsened.

Nicolas Maduro in crackdown under Venezuela emergency decree

Nicolas Maduro in crackdown under Venezuela emergency decree

The embattled South American president is struggling to contain a paralysing recession that has led to food shortages, soaring prices, riots, looting and vigilante justice.

India only economy not affected by global economic crisis: PM Narendra Modi

India only economy not affected by global economic crisis: PM Narendra Modi

India is the only economy which has not been affected by the global economic crisis which has hit the world, primarily due to the policies being implemented by the government, Prime Minister Narendra Modi said Sunday.

Politics has become worse; but still believe in hope, says Barack Obama

Nine years after he announced his decision to run for the highest office in the country, US President Barack Obama today said that the politics of the country has become worse, but he is still hopeful.

Macro-prudential policies may fall short: RBI

Macro-prudential policies may fall short: RBI

Reserve Bank deputy governor R Gandhi said the challenge is how to establish an implementable framework to deal with the emerging systemic risks at an "incipient" stage itself.

US heading towards European way of economic crisis: Bobby Jindal

Indian-American Republican presidential candidate Bobby Jindal has said the US is heading towards the European way on economic crisis with USD 18 trillion in debt, record low participation rate in the workforce and record number of Americans on food stamps.

Rio Olympics organisers cut budget amid economic crisis

Rio Olympics organisers cut budget amid economic crisis

 Rio Olympic Games 2016 organisers have outlined plans to slash spending by about 10 percent to prevent next year's quadrennial extravaganza from running over budget.

Economic crisis: Is the future bleak?

As economic crisis in the developed economies continues, the best that is on offer is a slow recovery; the high growth rates of 1992-2007 are not likely to return anytime soon, says a new book.

Greek crisis to hit Indian exports, trigger capital outflows

Greek crisis to hit Indian exports, trigger capital outflows

With Greece witnessing a full- blown economic crisis, India's software and engineering exports may take a hit and the country may also face larger capital outflows due to a weaker euro, industry and government officials warned on Monday.

Russia to pay record $800 million to savers in collapsed bank

Depositors in a Russian bank that collapsed due to the economic crisis will receive a record insurance payout of nearly 40 billion rubles (USD 800 million), an official said Friday.

Spain has not exited economic crisis: EU chief

Spain can not say it has left behind its economic crisis until the sky-high unemployment rate returns to "normal levels", EU chief Jean-Claude Juncker said in an interview published Wednesday.

Spanish economy shows signs of getting back on track

The number of people registered as unemployed in 2014 dipped by 253,627 to 4.45 million, the labour ministry said this week.

Bleak 2015 for Spaniards still engulfed by economic crisis

Behind the iron door of a ground floor flat in Madrid`s working-class suburb of Vallecas around 30 people have gathered as Veronica Hidalgo announces she will be evicted from her home in 2015.

Kerry praises Greece for tough economic choices

US Secretary of State John Kerry praised the Greek government Friday for making "tough choices" to resolve the country`s economic crisis and said he believed the situation was improving.

India demonstrated resilience amidst economic crisis: Prez

India has been able to demonstrate its inherent strength and resilience during the world economic crisis, President Pranab Mukherejee said Monday.

Most CFOs say eco conditions may worsen or remain same: Study

According to the Deloitte India 2012 CFO Survey, CFOs are concerned about India's macro-economic outlook and its impact on future industrial growth and organisational sustenance.

'World economy is in deep trouble, India more vulnerable'

With anxiety over the global economic woes being reflected at the seventh summit of the four-year-old grouping, Singh's suggestion that the G-20 should focus on the need on investment in infrastructure.

Worst phase of economic crisis over: Pranab

Days ahead of presenting the Union Budget, Finance Minister Pranab Mukherjee Monday asserted that the worst phase of economic slowdown is over and India can achieve double digit growth.