Prime Minister Manmohan Singh on Friday blamed "failure" of international surveillance, supervision and regulatory mechanisms for the current global financial crisis and sought immediate "coordinated action" to restore confidence and "de-clog" the credit market.
Read more »PM blames 'three failures' for global financial crisis
Sensex up 500 points on global cues
Buying in frontline stocks on renewed bullish sentiments pushed indices to the day’s high but Tier II stocks underperformed. All the secto
ral indices were in the green.
US to host global finance crisis summit
United States President George W Bush and French President Nicolas Sarkozy said on Saturday that an emergency global summit on the finance crisis will be held in the US, possibly before the end of November.
Read more »Global think tank asks Pak to reverse radicalisation
A leading international think tank has asked Pakistan's new government to reverse State-driven Islamisation that has radicalised swathes of the nation's society, while criticising the superior judiciary for failing to uphold the Constitution.
Read more »sensex crashes on oct 10 following global cues
Joining a global selloff on worries about a recession despite worldwide central bank measures to stave off a crisis, the BSE Sensex crashed by over 1000 points at open on Friday.
Read more »Why India stands largely insulated from global financial crisis
The collapse of the mighty global financial system has triggered a series of chain reactions in India, but the impact is not going to be as widespread as earlier imagined. The reasons are numerous.
Read more »India can’t remain untouched by global financial crisis: PM
Hinting that India cannot remain untouched by the financial turmoil in the US, Prime Minister Manmohan Singh has said the nation's capacity to finance development will be affected and exports compromised if major economies go into recession.
Read more »India's condom ring tone a huge global hit
Guess which Indian ring tone is being downloaded the most all over the world? No, it is not the latest Bollywood chartbuster, but a public health message that goes "condom, condom!"
Read more »India to get global navigation system
India will soon acquire a comprehensive global navigation satellite system to meet the requirements of Indian Space Research Organisation (ISRO) and Airports Authority of India (AAI).
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