Wednesday, September 23, 2009

NEWS @ 23-09-2009

Contrarians may be early with their timing. For that, they will be laughed at. But they don’t mind … they know that they’ll eventually be proven right ...

U.S. budget deficits will continue to pile up in the next decade, eventually reaching an unsustainable level that may result in an economic collapse, according to Richard Duncan, author of “The Dollar Crisis ...

WHEN the chairman of the Federal Reserve, Ben Bernanke, told a Washington think-tank this month that “the recession is very likely over at this point”, he was careful to add that the American economy would remain ...

China's ravenous appetite for iron ore will continue for years to come as development spreads across its territory, Goldman Sachs commodity analyst Paul Gray said on Tuesday ...

“India is about to resume an extended period of high economic growth,” Philip Wyatt, a senior economist at UBS in Hong Kong, said in a report today. The pace of expansion may average about 8.6 per cent annually ...

Standard & Poor's Ratings Services revised its outlook on India International Insurance Pte. Ltd. to positive from stable. At the same time, we affirmed our 'BBB+' local-currency counterparty credit and financial ...

Advance tax collections up threefold in second quarter
Taxes paid by Indian companies more than doubled in the three months through September, suggesting growth in Asia’s third biggest economy may be strengthening ...

India's logistics industry, valued at 3.6 trillion rupees, is poised to grow 11 percent annually on strong economic fundamentals but high spends are a concern, Crisil Research said on Wednesday ...

Aurobindo Pharma has finally secured the final approval from the US Food and Drug Administration (USFDA) for Fluconazole in the strength of 50mg/5ml, 200mg/5ml.

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