Stephen Roach Profile: Member of the faculty of Yale University, and non-executive chairman of Morgan Stanley Asia. Known for: He is one of the most widely followed economists in the world, and the author of The Next Asia. The European Monetary Union was flawed from the start. Lacking in a unified fiscal framework, it was only a matter of when before an asymmetrical shock drew the grand experiment into question....
12:35 PM, Jan 11, 2012
The past three months have been tough for Indian banking. High interest rates and threats of a global recession have taken their toll on bank stocks. The NSE banking index fell 15 per cent compared with the Niftys 11 per cent slide in the past three months. Indian banks, ironically, have never been in a better state of health in the past 10 years. A recent study by Boston Consulting...
11:42 AM, Oct 05, 2011
Kolkata: The CPI(M) is apprehensive of a repeat of the 2008 global recession that may hit India due to the US debt crisis. The party raised its concern at the CPI(M)'s central committee began its two-day session in Kolkata on Saturday. "The 2008-repeat of global recession is likely to hard hit Indian economy this time too as a fallout of the US debt crisis," party sources said on Saturday. "The...
04:56 PM, Aug 06, 2011
Kolkata: The CPI(M) is apprehensive of a repeat of the 2008 global recession that may hit India due to the US debt crisis. The party raised its concern at the CPI(M)'s central committee began its two-day session in Kolkata on Saturday. "The 2008-repeat of global recession is likely to hard hit Indian economy this time too as a fallout of the US debt crisis," party sources said on Saturday. "The...
04:56 PM, Aug 06, 2011
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Every news report has something credible to say about recession these days; I always refer to India from a different perspective. You will only hear ...
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The recession has begun to hit the middle class American . ...
10:59 AM, Feb 28, 2009
The US President addressed a joint session of US Congress on Tuesday. ...
08:45 AM, Feb 25, 2009
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