The Ultimate Business Blog

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, [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 month of january. The president [...]

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 [...]

Foreign investors are now having a committed relationship with Canada. The reason behind the investments steady in Canada is due to the good fiscal conditions,strong economic growth ,still growing population and still growing population. Many foreigners have started eying the stocks and bonds which are in Canada more than any other country. The month of [...]

The austerity measures being taken by the newly elected UK government has not been taken lightly by the International Monetary fund. The IMF is now downgrading the growth prospects for the United Kingdom due to the expected unemployment rise due to the austerity measures. Lower GDP growth for UK would also mean lower exports / [...]