India

Goldman Sachs cuts India's 2009 growth outlook to 6.7 per cent

New Delhi - Investment bank Goldman Sachs lowered India's economic growth forecast for the financial year 2008-2009 to 6.7 per cent from an earlier 7.5 per cent on account of the global financial crisis in a report released Monday.

Goldman Sachs said the global crisis over the past several weeks had a larger than expected impact on the financial sector and knock-down effects on both domestic and external demand.

"The real economy is already beginning to feel the effects of the liquidity crunch despite the Reserve Bank of India and the government's massive liquidity infusion efforts," the research note said.

India second in Reliance Mobile ICC Test Championship after series win against Australia

Dubai, Nov. 10 (ANI): The gap between Australia and the rest is cut to 13 ratings points after its 2-0 series defeat to India

India has moved into second place in the Reliance Mobile ICC Test Championship table after regaining the Border-Gavaskar Trophy from Australia.

The team wrapped up a 172-run victory on day five of the fourth Test at Nagpur and in the process gained seven ratings points to draw level with South Africa on 116. But Graeme Smith’s team now slips just below India to third position by a fraction of a ratings point.

All is not lost for the Proteas. If they win both Tests in the two-match series coming up against Bangladesh, they will be back into second position.

An Indian brand rated No. 1 in US departmental stores: US rating agency

Kerala, KochiKochi, Nov 10 : Despite all global market speculations and US economy meltdown an Indian company''s brand makes its foray in the US supermarkets by becoming the No. 1 brand in unbranded shrimp category, according to the recent reports of A. C Nelson.

The ready to cook shrimp brand ''Tastee Choice'' has been top rated in its category by international rating agency after studying the sales records for the past one year.

Indian equities gain over 5 per cent on Asian market cues

New Delhi - Indian equity indices rose by over 5 per cent Monday, trailing a rally in Asian markets after China announced a stimulus package of 586 billion dollars to spur its economy in the wake o

Larsen and Toubro, Malaysia's Scomi to build India's first monorail

Larsen & Toubro Co. Ltd.

Leona Lewis eager to marry beau

English singer Leona LewisNew Delhi, Nov 10 : Popstar Leona Lewis just can’t wait to get married to her electrician boyfriend, whom she has been dating since six years.

The 23-year-old popstar has been dating Lou Al-Chamaa since she was 17, and is seriously considering marrying him in the near future, reports the China Daily.

"Of course I want to marry and have children. I would like to have babies and adopt. But it depends what happens,” Leona said.

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