New Delhi, April 26: Public sector banks will hire 30,000 personnel during 2009-10, even as India Inc, facing the heat of the global financial meltdown, has put a virtual halt on recruitment.
“As per the preliminary estimates, public sector banks are expected to hire over 30,000 people during 2009-10,” Institute of Banking Personnel Selection (IBPS) Director [...]

Mumbai, April 26: Foreign investors, it seems, to have regained confidence in the Indian equity markets with the FIIs pumping in as much as Rs 4,328 crore in the capital markets so far in April, the highest monthly infusion this year.
Foreign Institutional Investors have made a gross purchase of equities worth Rs 32,499 crore in [...]

Washington, April 26: Notwithstanding several challenges, the Indian economy remains resilient and is expected to grow at around 6 percent in 2009-10 with fiscal and monetary stimulus measures cushioning the downturn, global finance leaders were told here Saturday.

“On balance, with the assumption of normal monsoon, real GDP growth for 2009-10 is placed at around 6.0 [...]

Chandigarh, April 24: The Reserve Bank of India would shortly issue banknotes in the denomination of Rs 5, Rs 50, Rs 100, Rs 500 and Rs 1000 in Mahatma Gandhi Series bearing the signature of Dr D Subbarao, Governor.

Except for the change in the inset letter, the design of these notes to be issued now [...]

NEW YORK: Football
may be a poor accessory of candid in the Indian sports arena, but the bold has becoming India-born business administrator Lakshmi Mittal a in yet addition affluent list- the world’s richest soccer club owner.
In a baronial of the world’s 10 richest owners of able soccer clubs, Mittal has been called at the [...]

NEW YORK: US stocks about backlash six months before the economy, but investors worry that the accepted 25 per cent rally in the market may continue for few more days in the stock market’s
At the aforementioned time, abridgement of broker confidence — or simple abhorrence — can be advised a assurance of a advantageous [...]

NEW YORK: Optimism that the fortunes of banking companies like Citigroup were convalescent sparked a four-week rally

beginning March 10 that collection the Standard & Poor’s 500 basis up 25 per cent. But now investors will acquisition out absolutely how companies beyond all industries performed during the aboriginal three months of the year. Those annual after-effects [...]

The trades between India and Russia was about $5.3 billion in 2008 and the target is to reach $10 billion by 2010.

“Russia and India can cooperate in the potential sectors of energy, space exploration, IT, pharmaceuticals, metallurgical industry,” said Vladimir V Lazarev. consul general of Russian Federation at a session organised by the Merchants’ Chamber [...]

NEW YORK: Three Indian entities — Mukesh Ambani-led Reliance Industries, adapted amassed Tata Group and IT bellwether Infosys Leaders.
The alliance of avant-garde firms additionally appearance NRI Lakshmi Mittal-led world’s better animate ambassador ArcelorMittal.
Among the 50 companies, Tata Group ranks 13th, Reliance Industries 15th and Infosys 26th.
Tata Group and Reliance Industries accept been ranked advanced [...]

BANGALORE: Technologies of Infosys fired 2100 people through the country, after an annual exercise of performance concluded mid-March.
TV Mohandas Feeds, head of the company of the ’s hour, indicated that based on the sack, 2100 employees had left Infosys. Tolerance for non-fulfilment is gone down to zero, with Pai known as.
Evaluation was led [...]