Friday, March 20, 2009

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Top Business News- IBNLive.com

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Red tape makes India 75th best for business
    TIED UP: A trader at the Bombay Stock Exchange. Global ranking says Indian rules block business.Forbes magazine says trade freedom has declined in country.
World GDP to shrink in 2009; first in 60 years: IMF
    URGENT ACTION: IMF says sustained, concerted policy actions is needed to revive growth.Recession will lead to the global GDP shrinking by up to one pc in 2009.
Inflation at its lowest-ever level, down to 0.44 pc
    GOING DOWNHILL: Inflation fell to 0.44 per cent for the week ending March 7.Inflation fell to 0.44 per cent for the week ending March 7.
Recession special: Will I get a job?
    The Batch of 2009 increasingly finds itself asking that question.
Mid-career crisis hits professionals hard
    NO JOBS: There's no good news for P R Bhatia, senior sales manager in a pharmaceutical company.Job mobility is at an all time low, and openings harder to come by.
Emerging mkt cos to buy the most in next 2 yrs: E&Y report
    EMERGING MARKETS: A lot of good companies with decent balance sheets see the opportunity of getting assets.The survey says emerging economies will buy most corporate assets.
Small car, big delay: just 800 Nano cars ready
    STILL IN PRODUCTION: Tata Motors Nano car will be launched on March 23.Waiting for world's cheapest car may be up to one year.

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