India Inc happy with Obama’s win; outsourcing still a concern
Leaders of India Inc on Wednesday welcomedthe re-election of Barack Obama as the US President saying that continuity will be good for bilateral relations, but some of them expressed concerns over the
More Indians have good jobs
The percentage of Indians with good jobs is up from where it was two years ago but it provides little strong evidence that India's sluggish economy is firmly on the mend, according to a new survey.
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Ex-GE CEO Welch sets Twitter afire with Obama jab
Jack Welch, the lionised former chairman of General Electric Co, provoked cries of outrage in Washington on Friday when he appeared to accuse the White House of manipulating September job figures for
Fed launches QE3, bets big to rescue US economy
The Federal Reserve launched another aggressive stimulus program on Thursday, saying it would pump $40 billion into the US economy each month until it saw a sustained upturn in the weak jobs market.
Poor US jobs report puts Obama on back foot
Mitt Romney used a terrible US jobs report to hammer President Barack Obama on the economy on Friday, leaving the White House incumbent flat-footed on the defining issue of the 2012 race.
The Republi
Infosys BPO to recruit 8,000 more this year
Infosys BPO on Wednesday said it will hire about 8,000 people in the remaining part of this financial year and about 20 per cent of them will be in middle and senior level professionals.
"In FY 2013,
US plans institute to prevent jobs going to India
The Obama Administration has announced setting up of an institute for manufacturing innovations which will help prevent jobs going to India and China.
Unrelenting Obama jabs at Romney’s job record
An unrelenting President Barack Obama jabbed at Mitt Romney's record with a private equity firm in an ad Saturday that aimed to keep his rival on the defensive just as the Republican challenger's campaign hoped to take advantage of poor economic data to gain an edge on the incumbent.
World business confidence cools, U.S. a bright spot
Global business confidence cooled in June as the eurozone debt crisis took its toll, though corporate sentiment in the United States held up better, a survey from financial information firm Markit sho
Global stocks, euro slide as U.S. jobs data drives global fear
Global stocks fell, the euro hit a two-year low against the dollar and oil slumped more than 3 per cent on Friday after disappointing U.S. jobs growth reinforced worries the American economy was mired