Financial crisis

Global meltdown, 26/11 hit gift shops business

By PTI

The global financial crisis and the recent terror attacks have hit the business

Hyundai Motor, Kia to freeze some wages

By Bloomberg

Hyundai Motor Co., South Korea's largest automaker, and affiliate Kia Motors Cor

Next year to be more challenging: RBI

By Reuters

Next year will be a more challenging year than this has been

A farewell to years of moderation

By Emily Kaiser, Reuters

Japan ended a six-year period of zero interest rates in July 2006.

Companies upbeat on global assignments despite slowdown

By PTI

Notwithstanding the financial crisis forcing cos worldwide into cost-cutting.

Citi cuts down severance package of staff

By Press Trust Of India

Citigroup is axing over 75,000 jobs this year.

Treasury lacking clear and coherent plan, U.S. bailout monitor says

By Diana B. Henriques

Elizabeth Warren, chairwoman of the oversight panel, said in an interview Monday

Euro getting attention in Britain

By Paul Taylor

"The crisis has taken the hubris out of the debate,’’ said William Wallace.

Slowdown deepens in India, attack clouds prospects

By Reuters

India's manufacturing industry contracted sharply in November.

Global downturn likely to continue for next two years

By PTI

Layoffs, detrimental economic growth and liquidity crunch is here to stay.