IMF lowers forecast for French economy
byParis, June 4 (IANS) The International Monetary Fund (IMF) Tuesday lowered its forecasts for the French economy by 0.1 percentage point respectively in 2013…
Business
Andhra’s annual credit plan proposed at Rs.1.33 lakh crore
byHyderabad, June 4 (IANS) The Andhra Pradesh State Level Bankers Committee (SLBC) has proposed an annual credit plan of Rs.1.33 lakh crore for 2013-14,…
China’s luxury consumption pattern changes
byHong Kong, June 4 (IANS) China’s affluent consumers are increasing their purchases of lower price luxury items, moving away from established brands, Bank Julius…
British construction sector regains growth
byLondon, June 4 (IANS) Construction sector in Britain rebounded moderately in May as boosted by fast increases of residential building work, said a market…
Clarity on number of new bank licences by October: Secretary
byNew Delhi, June 4 (IANS) The issue of new bank licences would be clear by October after scrutiny of applications by the Reserve Bank…
Tata Communications’ global telepresence extends to Shanghai
byNew Delhi, June 4 (IANS) Tata Communications has added a state-of-the-art “virtual meeting” telepresence suite to its global network in downtown Shanghai. It has…
Make money while networking online on WorldFloat
byNew Delhi, June 4 (IANS) India’s homegrown networking site WorldFloat has started a new gaming feature that allows users to make money, even as…
Sensex inches up in afternoon trade
byNew Delhi, June 4 (IANS) A benchmark index of Indian equities markets was trading 0.56 percent up in afternoon trade Tuesday. While there was…
Brazil records lowest trade surplus since 2002
byBrasilia, June 4 (IANS) Brazil recorded a trade surplus of $760 million in May, the lowest since 2002, authorities said. In May this year,…
Advanced economies face high or rising unemployment: UN
byUnited Nations, June 4 (IANS) The UN has reported encouraging, but still-fragile signs of improvement in emerging and developing economies, while a lot of…