Made in Coimbatore, raced by Mick SchumacherThe only two formula car manufacturers in the country are in Coimbatore. So, if you want to buy a race car or start a championship, Kovai i...
Narain Karthikeyan struggles to 11th place on the gridKarthikeyan, will start on the sixth row for the 55-lap race tomorrow, having qualified 0.713 seconds behind pole position.
Tata group to sponsor Narain Karthikeyan's foray into Super FormulaTata Sons and Tata Motors today announced their support to India's ace racer for his maiden participation in the Japanese championship Supe...
Reforms in India necessary to create competitive economy: IIFThe new set of economic reforms announced by India are necessary to create a more competitive economy, Institute of International Finance h...
- Europe's future is at stake: IIF chief
The future of the eurozone and of Europe as a whole are at stake in the debt crisis, the head of the global bank lobby IIF warned in an int...
EU ministers agree on enhancing bailout fundEuro-area finance ministers approved enhancements to their bailout fund while backing off from a target for its firepower and seeking a gre...
- Euro zone deal, US GDP numbers add to festive cheer
Thursday finally saw some good news emerge from the Euro zone and US. European leaders struck a last-minute deal.
- EU talks with banks on Greece seen deadlocked
European Union talks with banks on bondholder losses as part of a second Greek rescue package are deadlocked and have been suspended, an EU...
- Financial crisis may be more severe for emerging Asia: IIF
The current global financial turmoil may take a bigger toll on emerging Asia than the 1997-1998 regional crisis despite the region's enhanc...
- Global economy seen sinking into 'severe' 2009 recession
A major banking group warned the global economy will sink into "severe" recession next year as Japan's battle to stave off a prolonged cont...
- Global economy to contract 0.4 pc in 2009: IIF
The global economy likely will contract next year for the first time in decades as the credit crunch bites. US mortgage crisis: A subprimer...
- IIF seeks more measures to avert recession
The world's largest banking lobby on Monday called for additional government intervention to help avoid a global recession, but warned that...
- Bank lobby calls for global action on credit crunch
An influential international banking lobby group has called for urgent and bold actions globally, particularly from European nations, to st...
- Health of world's big banks improving: IIF
The world's largest financial institutions are getting healthier, with credit-related losses expected to ease over the next year.
- Euro falls to fresh one-year low on recession fears
The euro fell to a fresh one-year low against the dollar in Asian trade Thursday on renewed fears over the health of the European economy.
- Economic outlook clouded by global imbalances
To keep the global economy growing, finance ministers and central bank governors from the world’s largest economies have to do a better job...
- 'Govt policies keeping away FIIs'
The government's policies made it difficult for India to attract foreign investors due to which its full potential of receiving foreign inv...