Posts tagged as:

recession

Is US heading towards a Double Dip?

by Sumeet Malik on August 12, 2010

Former Fed Chairman Greenspan has not denied of the possibility of a double-dip recession after we are increasingly seeing indicators that are indicating slow recovery. The unemployment rate has not budged from 9.5% and looks like it will stay there for a while. However, the GDP has shown growths of 2.5%-3.5% over the last few [...]

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In two years 239 million people loose their jobs

by Chirag on June 1, 2009

The International Labour Organisation (ILO) has revised upwards its estimates of worldwide unemployment, and called for a “global jobs pact” to address the current crisis. Its statistics estimated that in the period of 2007 to 2009, between 210 million and 239 million people would lose jobs, representing world unemployment rates of 6.5 and 7.4 per [...]

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Average Indian income on a higher side for the first time, crosses Rs 3000

by Chirag on May 30, 2009

This news was seen as a bright lighting in the dark clouds. Here lighting is the increase in average Indian salary while dark clouds actually means recession. The monthly income of an average Indian for the first time in the country’s history has crossed Rs 3,000, thanks to economic reforms and a high growth rate [...]

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Get a domain name just for 1.99$ for one year.

by Chirag on May 24, 2009

Here is a good news during recession. People who wanted cheap domain names can now register them via Yahoo Small Business which is offering them at 1.99$ for one year. And yes this special offer is valid till June 30th. I would surely register a couple of site and keep them safe for my next [...]

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Recession shock ads by Havells.

by Chirag on May 15, 2009

Now advertisers are getting smater day by day as they making ads relating to latest happenings in real life. Here is a master piece from Havells India Ltd a company which is engaged in manufacturing of electric switches. The advertisement actually tries to show what shock people got because of recession. “Recession ka shock laga” [...]

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BPO industry sees dip in attrition rates because of recession.

by Chirag on May 13, 2009

Yes its recession. No one is hiring so what better than a BPO, people join BOP and they don’t think of leaving the job as it’s recession. The earlier practice being six month in one call center and six month in an another one. The attrition rate for this industry has come down by an [...]

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Ways to survive a Stock Market Correction.

by Chirag on April 25, 2009

We saw that markets corrected lately and this was a big cause of concern every where. Recession was googled every now and then. “Recession” has become a buzz word now. There are people how booked profits when the markets were at all time high and there are people who have not at all booked profits. [...]

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How to identify Multibagger Stocks?

by Chirag on April 22, 2009

Rakesh Junjunwala rightly defined the stocks markets as “Markets are like women always demanding, unpredictable and volatile.” No one know whats next. For an instance take it – Does any one knows when this recession is going to end ? No, no can say it accurately, one can just predict but as all know that [...]

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TCS bonus issue 1:1

by Chirag on April 21, 2009

It seems TCS has not felt the pinch of recession as it is offering bonus issue during recession in a ratio of 1:1. This is the second bonus issue by the company since it went public five years ago. It had announced a similar bonus in 2006. Bearing the brunt of global slowdown, TCS battled [...]

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Top 500 US firms’ profits plunge 85% in 2008

by Chirag on April 20, 2009

Fortune magazine reported that Top 500 US companies have witnessed 85% fall in profits in half decade. This is one major proof that recession is still intact and no one knows when it will end ? Earnings dropped 84.7 per cent from the previous year, from 645 billion dollars to 98.9 billion dollars, marking the [...]

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