{Tech Fin}

The Indian economy is the second fastest growing economy in the world after China. While China is having it’s own set of problems due to the high dependence on exports, India is struggling on the inflation front. The inflation is running very high in India and the government is only adding fuel to the fire [...]

The collapse of the PIGS countries in Europe, i.e, Portugal, Ireland, Greece and Spain is only getting delayed and a good percentage of analysts are expecting these countries to fail over the near term. While failure of Greece and Portugal may happen over the coming weeks or months, the other two countries may still have [...]

Saving is an integral part of life. Saving is an effort to consider tomorrow. Savings should be done to take care of future needs, to provide all required facilities to our next generation. Saving means, not only saving money, but saving fuel, saving power, saving energy, saving trees. We need to save all this to [...]

The retail sales in US surged in March, giving strong base to the expectations of the improvement in the economy. This has also come as an indication in the surging customer confidence. Consumer prices increased by just 0.1% in March have pushed the Federal Reserve to keep interest rate at record lows. The retail sales [...]

The crude oil has been the highest in 17 months. This comes after the market pickup due to the recovery of job markets in US. March saw the highest increase in new jobs since three years. This has given positive hopes in the market. The market saw oil traded at 47 cents higher at $84.37 [...]

The recession has left the country in a really bad shape. There were thousands of people who lost their jobs. There were big time downsizing happening in the companies. Many companies announced bankruptcy. People who took loans could not repay them because of losing their job and income. Many of the bank’s operation became stand [...]

The UK’s airports handled 7.4% fewer passengers last year than in 2008, the biggest annual decline since records began 65 years ago, figures have shown. The Civil Aviation Authority (CAA) said that with passenger numbers having also fallen in 2008, it was the first time levels have fallen two years in a row. It said [...]

Thailand’s economic prospects could be put in jeopardy because of a continuing dispute at a huge industrial complex. Recent figures on GDP and exports have been encouraging for the Thai government. But economists and investors are warning that two major factors have the potential to derail Thailand’s nascent recovery. One is political instability. The other [...]

The sales of previously owned house has drastically dropped in February. The US administration had allotted tax credit for first time buyers to act towards the housing foreclosures and dip in sales. Further to decline in previously owned house, the tax credit was extended. But that could not lure the buyers. The heavy number of [...]

The Greece problem was all set to break the European Union group of countries because the Greece government was not taking adequate corrective measures in spite of pressure from European Union. The cost of borrowing went up for Greece and also for the rest of European countries as the lenders were wary of European collapse. [...]