US crisis likely to hurt economy: FM The Finance Minister said economic growth may slow down to 8.5 per cent against earlier projections of 8.9 per cent for 2008-09, impacted by exports getting hit by sub-prime mortgage crisis in the United States.
It will help banks to keep low rates Finance Minister P Chidambaram, on Saturday, revealed that that he had told bankers earlier this month that it would be in their interest to keep interest rates low.
TRADE / Excuses are stalling closure of talks
Doha is still doable, says US US Trade Representative Susan Schwab said the United States was among several key players which were pushing for a deal, but she feared that some countries were still looking for excuses to stall.
Google bets on mobile ads The arrival of a truly mobile Web, offering a new generation of location-based advertising, is set to unleash a huge revolution, Google Inc Chief Executive Eric Schmidt said on Friday.
BANKING / Hit by credit crisis on their trading
Credit Suisse, Goldman Sachs to cut 2,000 jobs Goldman Sachs Group and Credit Suisse Group on Friday said they will cut about 2,000 job worldwide as a credit crisis puts a damper on their fixed-income trading and corporate dealmaking.
After the recent crash, do ordinary investors need to be wary of the stock markets or invest judiciously to garner attractive returns?
Most of our readers agree that small investors looking for quick returns are sitting ducks for market manipulators. They suggested studying the markets before investing. Some readers felt that regulators like SEBI must provide suitable insurance cover in case of instances like the recent crash or curb the extent of speculation.
