The Ultimate Business Blog

The flood hit Pakistan has vowed nearly one billion dollar in cash for relief to Pakistan flood victims. The one billion dollar contribution includes Muslim countries ,organizations and individuals. The donations will go to Pakistan worst flood affected victims stated the Islamic states. Many roads bridges and farmland has been [...]

There is more good news flowing out of Germany, the largest member of the European zone. The technology based country, has once again reported a fall in the unemployment levels owing to the surge in demand for export products.
The demand for German products has been growing overseas especially due to the falling European common currency. [...]

The Indian economy continues to show lot of promise at a time when the entire world is showing sinking signs. The Indian economy has grown by 8.8% in the latest quarter on the back of healthy industrial and infrastructure growth.
The country has already seen a healthy annual monsoon rains in the last few months, and [...]

The Asian stock markets have been going down sharply in the last few weeks primarily due to the flow of negative news from all parts of the world. First China is showing signs of cooling off, and that means drop in export demand for many of the Asian countries.
Next is the report of weak US [...]

The Chinese government has clamped down heavily on the bank lending to real estate projects and buyers in the last few months. That has already had the desired effect and the property prices are cooling down in most of the Chinese cities and towns.
There has also been a sharp drop in the production of steel [...]

The earlier euphoria of a healthy 2.4 percentage GDP growth in US has all vanished today, when the revised GDP figures were reported by the government. The revised down number was a paltry 1.6% which clearly indicates that the world’s largest economy is not as healthy as we all had expected.
Rather the low rate of [...]

The month of July 2010 has reported a massive 28 billion US dollars trade surplus, due to sharp drop in imports without any corresponding drop in exports. The export growth has been near the 40% rate while the imports were around the 35% growth rate.
The world’s fastest growing country did not see any major increase [...]

There was one more bank closure in US this week, taking the total to 109 banks this year to date, and at the current speed , we can expect to see at least 150 bank closures in the full year 2010. And it is indeed difficult for people to understand as to why more banks [...]

The joint house session will be soon addressed by Barack Obama soon said a recent report. The first state visit to India will be happening during the month of November. This is the first visit of the president of America after he has been appointed as the president in [...]

The US consumers have been the key force in the economic activity in the world’s largest economy for the last two decades, and they have been in pretty bad shape in the last two years.
The latest survey also reveals that the US consumer confidence is at a six month low, with one in every six [...]