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Jaipur, Aug 20 (ANI): Battered by the economic slowdown, handicraft exporters in Rajasthan now look to the domestic market to survive through the crisis.

The Indian domestic market remained largely unaffected by the global meltdown as compared with the rest of the world.

To tap the domestic market, the Federation of Rajasthan Handicraft Exporters (FRHE) for [...]

New Delhi, July 6 (IANS) With a view to giving a fillip to the tourism industry, which is witnessing a downturn due to the global meltdown, Finance Minister Pranab Mukherjee allocated Rs.1,070 crore to the sector in the union budget he presented in parliament Monday.
Mukherjee also announced custom duty exemption for water and snow equipment [...]

New Delhi, July 4 (ANI): The United Nations Children’s Fund (UNICEF) has picked three children to represent India at the J8 summit, a confluence of young people from countries participating in the G8 summit.

Sanjukta Pangi, a 16-year-old girl from Orissa, Samuel Venkatesen, 17-year-old boy from Tamil Nadu and Narendra Kumar, 15-year-old boy from Rae [...]

Chandigarh, June 26 (ANI): Chandigarh has emerged as an important fashion destination from market as well as promising designers’ perspective.

Fashion has taken centre stage in the region following the setting up of several fashion technology institutes like NIIFT, IIFT and IIFD in and around Chandigarh. These institutes provide talented young designers an opportunity to [...]

New Delhi, May 29 (ANI): Minister for Commerce (trade) and Industry, Anand Sharma on Friday said that the Government would take all possible steps to stabilise Indian economy in times of global recession.

Addressing media after taking charge of his office, Minister for Commerce [...]

Jaipur, May 25 (ANI): After a gap of sluggishness due to global meltdown, the gems and jewellery business in Jaipur is slowly picking up.

Of late, the demand has picked up not only across the world but also from within the country.

“By the end of this year, the trade will normalize. We are expecting by end [...]

Chandigarh, May 7 (ANI): Feng Shui, literally meaning wind-water, is a s an ancient Chinese system of aesthetics believed to utilize the laws of both Heaven (astronomy) and Earth (geography) to help one improve life by receiving positive energy.

It also described as popular Chinese art of placement. Widely used for interior decoration, it is [...]

Bangalore: It’s time to say bye-bye to Bangalore! Moving ahead with his policies US President Barack Hussain Obama has dumped Bangalore and trying to establish Buffalo in a new manner.
Now, following the new policies, US firms won’t be shipping their jobs to overseas and in coming future at least 60 per cent IT people will [...]

Bangalore, Apr 23 (ANI): Wipro Limited, ranked third among India’s IT outsourcing companies, beat all expectations with a four percent rise in profit and consequently boosts its shares, to a six-month high.

This was disclosed by Azim Premji, Chairman of Wipro here last evening.

Announcing the company’s periodical results for the fourth quarter ending on March [...]

New Delhi, Apr 19 (PTI) Raising the pitch for bringing back money stashed away by Indians abroad, BJP today took on the Congress for accusing it of raising the ‘black money’ issue with elections in mind. After BJP’s Prime Ministerial candidate L K Advani raised the issue of bringing back Indian money in foreign banks [...]

Guwahati, Apr 19 (PTI) In the backdrop of a grave global financial crisis, India’s economic growth is expected to be in the range of 6.5-7 per cent in the current financial year, Prime Minister Manmohan Singh today said. Singh said the economy grew by close to 7 per cent in 2008-2009 after registering an average [...]

Washington, April 17 (IANS) Two former White House spokespersons have been hired by the Canadian government to spruce up its image in the US.
According to reports, Michael McCurry, a former press secretary to Bill Clinton, and Ari Fleischer, one of George W. Bush’s press secretaries, have been hired by the Canadian government to secure Prime [...]

Kuwait City, Apr 9 (ANI): Despite the economic recession in the Gulf, Indians working in Kuwait claim they are quite unaffected by it.

In a population of 3.4 million people in Kuwait, 600,000 are Indians. The Indian community, therefore, forms one of [...]

Toronto, April 4 (IANS) Shares of BlackBerry maker Research In Motion (RIM) shot up almost 20 percent Friday after the wireless communication leader Thursday posted a record profit of $518.3 million for the last quarter of fiscal year 2009 ending Feb 28.
RIM shares closed at $72.80 on the Toronto Stock Exchange – more than 19 [...]

New Delhi, Apr.4 (ANI): Economic experts are of the unanimous view that access to investments, new technologies, knowledge, goods, services and interaction with transnational companies exert a positive influence on any country’s development, but at the same time, [...]

MANILA, Philippines (AP) A U.S.-based call center company opened three additional facilities in the Philippines Thursday and plans to employ 4,000 more workers by the end of this year, its top official said. Dave Dougherty, president and chief executive of Cincinnati, Ohio-based Convergys Corp.
, joined Philippine President Gloria Macapagal Arroyo and other officials in ceremonies [...]

Islamabad, Mar. 28 (ANI): Pakistan President Asif Ali Zardari has proposed lifting of Governor’s rule in Punjab.

Addressing the much-awaited joint sitting of the Parliament, Zardari said: “I propose lifting of Governor rule in Punjab.”

A parliamentary committee would be constituted to review the 17th Amendment and 58-2(B).

“I propose to form [...]

Dhaka – Bangladesh Nobel laureate Muhammad Yunus Tuesday called for national unity to fight the global meltdown, which has started affecting the country’s impoverished economy.
“It needs great courage and national unity to face the problem nationally,” said the micro-credit guru, who won the Nobel peace prize with his Grameen Bank in 2006.
Speaking after a meeting [...]

Washington, Mar.23 (ANI): Defending his Treasury secretary, Timothy F. Geithner, President Barack Obama has said that the global economic recession has not made the US dollar as weak as is being made out to be. But he warned that excessive borrowing and [...]

New Delhi, Mar 22 (ANI): Bollywood actress Deepika Padukone on Sunday rocked the ramp for two designers at the ongoing Wills Lifestyle India Fashion Week here.

On the fourth day of the fashion week, Padukone was the show-stopper for designers Rana Gill and Rina Dhaka.

The [...]