Indian outsourcer MphasiS, a unit of Hewlett-Packard Co, expects pricing to remain stable util October, but states clients are likely to hold back on spending
The US Congressional Budget Office forecast tougher times for the US economy
World stocks as measured by MSCI and Thomson Reuters were down more than half a per cent on the day
For the full year 2010, the median forecast is now for US growth of 2.9%, down from 3%
Vinh Q. Tran focuses on how to preserve capital value while lowering risk factors to earn money when the markets are “upside down”
Consumer spending, which normally accounts for 70% of US economic activity, added 2.55 percentage points to GDP last quarter
Today, US Main Street sentiments are so anti-government that even good news doesn’t count for much
Reviving the 1930s-style regulation for banks is not unthinkable in the present economic scenario
Analysts reckon the change in inventories could constitute as much as three-quarters of the GDP figure
Terming Asia as "indispensable" to meeting global security and humanitarian challenges, the Obama Administration has said India, China and Japan are among key players
