75 mn youths to be unemployed in 2012: IlO
Geneva, May 22: Nearly 75 million youths across the world will stay unemployed in 2012, said a report released Tuesday by the International labour Organisation (IlO).
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Sluggish growth, inflation mar UPA-2 party
New Delhi, May 22: Prime Minister Manmohan Singh’s United Progressive Alliance (UPA) government, which completed three years of its second term Tuesday, has little to cheer on the economic front as GDP growth has been sluggish, inflation remains stubbornly high, the fiscal deficit widened and a policy paralysis perception dampened business sentiments.
Gut feelings override rational thought in financial matters
london, May 22: Our ‘gut feelings’ influence our decisions, overriding ‘rational’ thought, when we are faced with financial offers that we deem unfair, says a new study.
Ford to spend $250,000 on seven Tamil Nadu villages
Chennai, May 22: Global automotive giant Ford Motor Company will spend $250,000 on the education, safety, environment and health and welfare of the seven village communities around its plant near here, a top company official said Tuesday.
Britain interested in Kerala infrastructure projects
Thiruvananthapuram, May 22: In a major boost for the “Emerging Kerala’ Global Connect campaign, Britain Tuesday showed keen interest in infrastructure projects and promised to provide their details to companies back home.
Air India crisis continues for 15th day, losses Rs.250 crore
New Delhi/Mumbai, May 22: The crisis in Air India raged on for the 15th day Tuesday and the national carrier’s losses mounted to Rs.250 crore as the impasse between agitating pilots and the management continued.
Sensex down 26.45 points on selling pressure
Mumbai, May 22: A benchmark index for Indian equities markets was trading down 26.46 points around 1.30 p.m.
Myanmar to build power plants with U.S., Japan, S. Korea
Yangon (Myanmar), May 22 (Xinhua-ANI): Myanmar has planned to build more power plants with companies of the United States, Japan and South Korea in an effort to cope with electricity shortage in the country, especially in the summer season, official media reported Tuesday.
Music creators welcome copyright amendment, industry unhappy
Mumbai, May 22: The Copyright (Amendment) Bill, 2010, which seeks to protect owners of literary or musical works, has been passed by the Rajya Sabha and will be presented to the lok Sabha before it becomes law, much to the delight of singers, writers and composers.
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