INTERNATIONAL Global economy heading back to recession: WB Washington: The World Bank has warned that after the "exceptionally slow growth" in the last two years, there is significant risk that the world could slip back into recession.
NATIONAL RBI issues guidelines on securitisation Ordinance Mumbai: The Reserve Bank of India (RBI) on December 18 issued draft guidelines for securitisation and asset reconstruction companies to facilitate restructuring and realisation of impaired assets.
NASSCOM sees huge growth for S/W exports to Japan Bangalore: In a move to tap the tremendous potential offered by the Japanese market to Indian software companies, NASSCOM (National Association of Software and Service Companies), the apex industry body of software and services companies in India, would set up a special interest group on Japan and soon take a delegation to that country.
Old economy stocks aid SENSEX recovery, up by 22 pts Mumbai: A smart rally in old-economy shares helped the SENSEX recover 22.25 points to close at 3333.31 on the Bombay Stock Exchange (BSE) on December 18 following a fresh wave of buying enquiries that snapped the two-session downward correction.
SENSEX rallies smartly on sustained buying trend Mumbai: Banking counters continued their Northward journey extending overnight gains and helped the SENSEX to open on a promising note on the Bombay Stock Exchange (BSE) on December 18 following sustained buying by operators as well as retail investors.
