Tokyo, Oct 22 : Prime Minister Dr. Manmohan Singh today called for a coordinated response to deal with the current global recessionary trends.

While addressing the business delegates at a luncheon organised by the Japan-India Business Cooperation Committee and the Japan Chamber of Commerce and Industry here, Dr. Singh said that the need of hour is to prevent the liquidity crisis from further shattering the confidence of investors.

Tokyo, Oct 22: The recent lay offs in the aviation sector and the buzz of a slump in the IT sector, have sent shivers down the backs of the working class, but Nandan Nilekani, co-chairman and co-founder of the Bangalore-based Infosys Ltd. told ANI there is no need to worry.

"We have already said the growth will be lowered at Infosys. We have lowered the guidance of the year of 13 to 15 per cent, but part of that is cross currency. But fundamentally, I think, there is growth and there will be jobs in the industry," Nandan said.

Tokyo, Oct 22 : On the successful launch of Chandrayaan-1, India''s spacecraft mission to moon, Prime Minister Dr. Manmohan Singh today said that it marked the first step in India''s space programme, and also described it as a "historic milestone".

Singh, who is presently on an official visit to Japan, congratulated all the scientists associated with this mission for the successful completion of the first step.

"When completed, the mission will put India in the very small group of six countries which have thus far sent space missions to the moon. Our scientific community has once again done the country proud and the entire nation salutes them," Dr. Singh said.

Tokyo - Japan's central bank has supplied 50.17 billion dollars in its first unlimited dollar-supplying money market operation, the bank said Wednesday.

The Bank of Japan's move to lend dollar funds at a fixed rate for one month was intended to ease the stress in the short-term money markets.

Tokyo  - Tokyo stocks shed the previous session's gains on Wednesday, tracking the US market's overnight losses.

Tokyo - Japan's key Nikkei index fell 2 per cent Wednesday, tracking the US market's overnight losses.