Hackett Research: 300,000 IT Jobs Gone in 2009
Region: United StatesAccording to the Hackett Group about 300,000 IT jobs have been deleted this year. This increase in job losses will acout for almost 2 million tech positions from 2000-2014, reports ZDNet. Hackett reports that IT is one ... more
Views: 83Indian Outsourcers Find Europe a Tough Market Amid Recession
Region: IndiaIn the wake of recession, many big name Indian outsourcers turned to European clients to avert the decline in demand in the U.S. However, this attempt has been in vain, as Europeans are resistant to outsourcing and they h... more
Views: 215New Indian Governmet to Promote Programs for the Poor
Region: IndiaRecent news reports suggest that the new Congress-led government is likely to underscore economic growth and policies improving conditions for the poor as opposed to fiscal prudence. Essentially, this was the resounding s... more
Views: 435New Indian Governmet to Promote Programs for the Poor
Region: IndiaRecent news reports suggest that the new Congress-led government is likely to underscore economic growth and policies improving conditions for the poor as opposed to fiscal prudence. Essentially, this was the resounding... more
Views: 118Indian Economy Strong Amid Global Recession
Region: IndiaDespite the fact that India has become more and more vulnerable to financial problems and economic slowdowns in other countries, the congress-led government is claiming that it has shielded the subcontinent from a looming ... more
Views: 703Inflation Falls in India
Region: IndiaIndia’s inflation rate decline to a surprising thirty year low amid weak domestic demand spurred by the slowest economic growth in seven years. For the week ending May 30, inflation rate was down to an alarming 0.13 ... more
Views: 366Indian Grocery Shopping Impacted from Economic Meltdown
Region: IndiaAccording to a recent survey, shoppers across the country have slashed their grocery shopping bills in an attempt to curb spending during an impending global recession. This comes despite the fact that the food and grocery... more
Views: 471Apple CEO Jobs Takes Leave
Region: United StatesCupertino, CA (GroundReport) - Following rumors about his ailing health, Apple CEO Steve Jobs has announced he will take a leave of absence until the end of June over health concerns. Reports say that Jobs is concerned th... more
Views: 717Pakistan Captures Mumbai Terror Mastermind
Region: IndiaMumbai, India (GroundReport) - According to latest Indian telvision reports, Lashker-e-Toiba commander Zakiur Rehman Lakhwi who is believed to be the mastermind behind the Mumbai attacks of 26/11, has been captured in Paki... more
Views: 881NY's Leadership Role As World Financial Capital "Permanently Damaged"
Region: United StatesNew York, NY (GroundReport) - The New York Stock Exchange has been imposing sight for the many tourists visiting Wall Street each day. But that's about to change. Once a symbol of captialist prosperity, the downturn in ec... more
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