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financial crisis

‘Centre’s policies to blame for financial crisis’


The economy gets affected when policies are framed with political and electoral gains in mind, BJP l...

Centre not helping Bengal at all: Mamata


West Bengal Chief Minister Mamata Banerjee on Tuesday accused the Centre of not helping her governme...

No financial crisis in Kerala: Oomen Chandy


Chandy said he would leave for Delhi on September 22-23 to take up with the Centre pending developm...

Budget deal in Nepal amid financial crisis


Nepal`s political parties today hammered out a crucial deal to approve the delayed budget on Novem...
`Political crisis puts Nepal on brink of financial crisis`

`Political crisis puts Nepal on brink of financial crisis`


Nepal`s parties have been unable to elect new PM despite 14 rounds of polls.
Delayed budget puts Nepal on brink of financial crisis: Officials

Delayed budget puts Nepal on brink of financial crisis: Officials


Nepal`s constitutional deadlock has delayed the annual budget and put the country on the brink of fi...
Taliban facing financial crisis: US General

Taliban facing financial crisis: US General


A US General notes that Taliban has been driven to desperation around Marjah.
Can Wall Street reforms prevent another crisis?

Can Wall Street reforms prevent another crisis?


The Wall Street reform bill is a major initiative to regulate the financial industry.
Swiss still back bank secrecy: Poll

Swiss still back bank secrecy: Poll


A majority of Swiss people remain in favour of retaining the country`s long-cherished tradition of b...

World must step up efforts to counter protectionism: Germany


Sharing concerns of India and other developing countries, Germany on Tuesday opposed increasing pr...

Yeddyurappa rejects Congress charge on financial crisis


Rejecting as "baseless" Congress` allegation that the state`s financial position was in doldrums, ...
US financial companies paid $145 bn in 2009: WSJ

US financial companies paid $145 bn in 2009: WSJ


Total pay at US banks and securities companies jumped nearly 18 percent to a record $145 billion in ...
We want our money back: Obama to Wall St

We want our money back: Obama to Wall St


US Prez Barack Obama proposed a tax on Wall Street`s biggest banks to recover more than 100 bn dolla...
US bank chiefs questioned by Congress over financial crisis

US bank chiefs questioned by Congress over financial crisis


Wall Street`s top bankers Wednesday faced a confrontational congressional panel tasked with getting ...
Wall Street bankers apologize for actions that led to crisis

Wall Street bankers apologize for actions that led to crisis


Challenged by a skeptical special commission, top Wall Street bankers apologized on Wednesday for ri...
UNESCO warns against deterioration of global education

UNESCO warns against deterioration of global education


World organisation United Nations Educational, Scientific and Cultural Organisation (UNESCO) warned ...
Impact of financial crisis may get worse: Merkel

Impact of financial crisis may get worse: Merkel


German Chancellor Angela Merkel has warned the nation of greater economic difficulties in the New Ye...
Air India meets on turnaround plan

Air India meets on turnaround plan


The Air India board met here on Tuesday and decided to initiate a series of major steps to cut costs...
Bailouts for British banks hit 850 billion pounds

Bailouts for British banks hit 850 billion pounds


Britain`s support for its banks has hit 850 billion pounds in the wake of the global financial crisi...
CO2 emissions rise 2% despite global financial crisis

CO2 emissions rise 2% despite global financial crisis


A new research has determined that despite the economic effects of the global financial crisis, carb...
Goldman Sachs head apologises for financial crisis

Goldman Sachs head apologises for financial crisis


The head of Goldman Sachs, Lloyd Blankfein, has apologised for the role the financial services maj...
Stimulus to continue as world not completely out of crisis: PM

Stimulus to continue as world not completely out of crisis: PM


Prime Minister Manmohan Singh on Sunday said stimulus measures announced to help the economy to com...
China, ASEAN trade solid against financial crisis

China, ASEAN trade solid against financial crisis


Trade volume is said to grow between China and the 10 ASEAN countries with the "blooming" of finan...
Lessons of financial crisis being ignored: Obama

Lessons of financial crisis being ignored: Obama


US President Barack Obama warned financial firms on Monday to heed the lessons of Lehman Brothers` c...
Financial crisis not to have much impact on remittances: RBI

Financial crisis not to have much impact on remittances: RBI


Global financial crisis has so far failed to significantly slow down inflow of remittances in India,...

Punjab govt unable to pay employees: Congress


Noting that Punjab was under a grip of "acute financial crisis", the Congress on Saturday said that...
Global crisis led to breakdown of trust in fin system: RBI

Global crisis led to breakdown of trust in fin system: RBI


Reserve Bank Governor D Subbarao on Thursday said the ongoing global crisis has resulted in a massiv...
Taxmen should start dialogue with financial institutions: IMF

Taxmen should start dialogue with financial institutions: IMF


Taxmen worldwide should see the global downturn as a chance to start a better dialogue with financia...
Total cost of world financial crisis at $11.9 tn: IMF

Total cost of world financial crisis at $11.9 tn: IMF


The world has spent a staggering 11.9 trillion dollars to wriggle out of the financial crisis, the ...
IMF begins borrowing from Japan, other countries

IMF begins borrowing from Japan, other countries


The IMF said that it has started drawing on loans offered by Japan, Canada and Norway as an increas...