Howrah News Service - Latest news and headlines on Howrah,West Bengal and World

Experts caution Indian leaders against 'denial mode'

Sat, 11 Oct 2008 01:41:46 -0400

Grappling with severe liquidity crunch, India's economic woes escalated on Friday with industrial growth slipping to 1.3 percent and inflation moderating only slightly to 11.8

Global stocks in turmoil as Wall Street gyrates

Sat, 11 Oct 2008 01:28:06 -0400

Global stock markets went into a freefall on Friday as panicked investors found no place to hide, although Wall Street managed to stem the losses

US plans to inject capital into banks: Paulson

Sat, 11 Oct 2008 01:15:44 -0400

Treasury Secretary Henry Paulson has said that the US government planned to invest directly in US banks to prevent them from failing, expanding the focus

G7 jumps in to stop economic meltdown

Sat, 11 Oct 2008 00:59:43 -0400

The finance chiefs of the Group of Seven major advanced economies have announced a broad five-point action plan to tackle a global crisis that has

Rupee losses 46 at 48.45/46 per dollar

Fri, 10 Oct 2008 15:03:53 -0400

The Indian rupee on Friday lost 46 paise to close at 48.45/46 to a dollar even after recovering from the historic low of 49.30 in

Barclays to cut 3,000 jobs post Lehman deal: Report

Fri, 10 Oct 2008 14:59:17 -0400

UK banking major Barclays Plc is likely to slash about 3,000 jobs following its purchase of beleaguered Lehman Brothers' North American investment banking and capital

Anxiety feeding market instability: Bush

Fri, 10 Oct 2008 13:04:14 -0400

US President George W Bush on Friday said that the government's financial rescue plan was aggressive enough and big enough to work, but would take

Deposits safe, economy strong: FM

Fri, 10 Oct 2008 11:03:00 -0400

Unfazed by the global financial crisis, Finance Minister P Chidambaram has asserted that fundamentals of the Indian economy are strong and that savings in banks

US trade gap shrinks to $59.1 bn

Fri, 10 Oct 2008 10:55:30 -0400

The US trade deficit fell 3.5 percent in August to $59.1 billion amid a drop in imports and weaker oil prices, government data showed on

US trade gap shrinks to $59.1 bn

Fri, 10 Oct 2008 10:55:30 -0400

The US trade deficit fell 3.5 percent in August to $59.1 billion amid a drop in imports and weaker oil prices, government data showed on