Developing countries can prepare for the threat of a global recession by improving policies to generate growth and jobs, diversifying economies, bolstering their banking sectors and readying social safety nets,
The economic downturn has clipped the wings of luxury air travel. Hi-end boutique airlines have fallen from the sky business travelers are bargain hunting online and most folks
Even as the Indian hospitality is back on recovery, global players such as Golden Tulip and Premier Inn are betting big on the budget hotel segment, that boomed during the economic downturn.
Retailers have slammed the proposal to impose service tax on rentals, saying it will add burden on the sector, which is yet to recover from the economic downturn.
Stating that the auto industry is yet to come out of the woods despite clocking record breaking sales in January, vehicle makers have asked the government to continue the stimulus package provided during the economic downturn in the upcoming Budget.
After a lying low for more than a year and a half due to the economic downturn, several domestic and foreign retailers have announced plans to open around 450 stores
Global business leaders today said developed economies can learn a lot from the emerging markets to solve their own issues.
IT firms, which were worst hit by the downturn, gave more than one reason to their employees to cheer this festive season.
Stay informed on our latest news!
