India continues to grow at higher rate
India, second fastest growing economy in the world has continued its unprecedented growth story as results of second quarter indicate.
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Greatest investor in the world Warren Buffet is now 80
Warren Buffet, one of the greatest investors of all time is celebrating his 80th birthday and wealth-builders inspired from Buffett and large community of investors are sending their best wishes to their idol.
1.6% rise in economy not good enough to stay out of recession fear for U.S.
the estimated rate was 2.3% for second quarter of the year, economists had calculated economy to grow at 1.3% rate.
Index reflecting high confidence in business for German economy
Stupendous rise in GDP of German economy in second quarter surprised the markets and now it’s turn for business sector of the country.
Income from content to overtake income from voice services for mobile operators in three years
As more and more user of mobile phones use it for different applications including gaming, video downloading or for social networking, the content in the form of different applications will make more money than phone calls by 2013 in developed countries
2.5% rise in GDP too high to achieve for 2011, estimates France
One of the leading and impotent economies of European Union France has lowered down its prediction about its gross domestic product for 2011.
Japan on verge to loss its status of second largest economy after poor performance in second quarter
Economy of Japan faced its one of the biggest disappointment of recent times as the hopes of economy getting recovering from bad track has vanished after the second quarter data came out.
Germany showed its power registering unexpected 2.2% rise in economy
Germany again proved itself to be a power house of European economy registering 2.2% rise in its GDP in last quarter April to June this year. The figure of growth rate of Germany has given Europe a reason to smile, economist of Europe are quite surprised with energetic performance of German economy as this much higher growth rate was even not expected by Germany itself.
Drop in productivity reported first time after 2008
Productivity of workers is found reduced in last quarter of current financial year in U.S which may be resulted in to consumption of more man power by the companies.
Banking community of Britain shocked by 675,000 pounds of fraud through net
Britain’s Banking sector was shocked when it came to knew that 675,000 pounds have been stolen by hackers through sophisticated hacking instruments via net.