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HindustanTimes Sun,19 May 2013
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Economy

Govt clears a Rs. 2,000-cr runway into sea for Juhu

The Centre has decided to redevelop Mumbai's Juhu airport by extending its runway 650 metres into the sea, in order to ease traffic congestion at the Chhatrapati Shivaji International (CSI) Airport.

The Budget’s journey through Parliament

Beginning with the presentation of the Budget and ending with discussions and voting, the process is long. As Parliament completed the budgetary process for 2013-14 last week, HT explains the constitutional and parliamentary intricacies of the exercise. Money bills

Finmin to Moody’s: growth on right path

Ministry pitches for upgrade, says government making serious efforts to revive economy.

Euro zone biz slump points to deeper recession in Q2

The Euro zone’s business downturn dragged on in April, suggesting the region may be falling deeper into recession this quarter, business surveys showed today.

Now, talent hunt becomes cheaper

Executive search firms in India have witnessed hiring fee drop by 20 to 30% in the last couple of years. Reason? Economic slowdown, executive search firms mushrooming and companies focusing on recruitment through internal resources, report Mahua Venkatesh and Himani Chandna Gurtoo.

Hope discomfort on liquidity lessens in a few months: RBI chief

RBI governor D Subbarao said today he expects liquidity conditions to be less uncomfortable over the next few months due to the winding down of the government's cash balances as well as the narrowing gap between deposit and credit rates.

India services PMI falls for 3rd straight month in April

Indian services growth eased dramatically during April as new orders came in at a much slower pace, prompting firms to rein in hiring plans, a business survey showed today.

The new US Immigration Bill decoded

Confused by all the hype surrounding the debate over the US bill. HT explains what it means.

Asian Development Bank to provide $6 billion to India

India will get loan of about $6 billion from the Asian Development Bank (ADB) over the next three years for various projects including those in energy and education sectors.

Is the Indian techie's Silicon Valley dream about to come crashing down?

Atul Kumar, a computer engineer is a role model for IT engineers in Sitapur, his hometown in UP. The 45-year-old, who holds a US green card, is living out what for many Indian geeks remains a dream. Vivek Sinha reports. The new US Immigration Bill decoded

Immigration issues: Indian IT in crosshairs of US gang of eight

Indian IT companies with operations in the US are firmly in the crosshairs of the gang of eight. These companies are being seen as without friends here. Not in the administration and - more crucially now - not on the Capital Hill. Yashwant Raj reports.

India story on investment is just starting out: Chidambaram

With government liberalising FDI norms and setting up a system to speed up mega projects, finance minister P Chidambaram today said India story of investment is "just starting out".

Standard & Poor's says no rating upgrade for India

Global agency Standard & Poor's today ruled out rating upgrade for India at the current juncture but said improvement in outlook was something which could be considered.

Hiring revives in US, growth hopes loom

US employment rose more than expected in April and hiring was much stronger than previously thought in the prior two months, easing concerns belt-tightening in Washington was dealing a big blow to the economy.

EU sees deeper recession in gloomy outlook

Recession in the crisis-hit euro zone will be deeper than expected for the rest of the year, hitting even Europe’s biggest economies and leaving unemployment at record levels, the EU warned Friday.

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