Economy

Finance Minister's Steps in the right direction for Indian Real Estate Sector: ANAROCK Property Consultants

Finance Minister's Steps in the right direction for Indian Real Estate Sector: ANAROCK Property Consultants

Indian real estate sector needs better policies from the government in order to see growth in demand. Review of latest steps taken by Indian government by Anuj Puri, Chairman – ANAROCK Property Consultants...

Indian Housing Market Review by ANAROCK Property Consultants

Indian Housing Market Review by ANAROCK Property Consultants

Indian Housing market has seen many changes in the recent years and investors have been following trends without participating.

Bangladeshi government plans to cut 10 per cent of its jobs

Bangladeshi government plans to cut 10 per cent of its jobsDhaka - Bangladesh plans to slash public sector jobs by 10 per cent in response to the global recession, newspaper reports said Thursday.

The move is part of a package of austerity measures drawn up by the Awami League-led alliance government of Prime Minister Sheikh Hasina Wazed against the backdrop of an international downturn that has begun affecting the local economy, the Bengali-language Samakal newspaper reported, quoting a government order.

Media Type: Text Bank of Japan holds key interest rate unchanged at 0.1 per cent

Media Type: Text Bank of Japan holds key interest rate unchanged at 0.1 per cent

Japan's March industrial output up, first growth in six months

Japan's March industrial output up, first growth in six months Tokyo - Japan's industrial output in March marked the first growth in six months, thanks to increased production in the high-tech and machinery sectors, the government said Thursday.

The March output rose 1.6 per cent in seasonally-adjusted terms, following a 9.4-per-cent drop in February and a record 10.2-per-cent fall in January, the Ministry of Economy, Trade and Industry said in a preliminary report.

German unemployment set to rise as recession tightens its grip

German unemployment set to rise as recession tightens its gripBerlin - German unemployment edged up again in April, official data released Thursday is forecast to show, amid expectations that the nation faces a surge in the numbers out of work as global recession hits the jobs market in Europe's biggest economy.

Analysts expect the Federal Labour Agency will say seasonally adjusted unemployment, which reflects overall trends in the job market, climbed by another 60,000 this month after rising 69,000 in March.

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