Tag Archives: Indian Economy

Citigroup gets economical support from US government

Citigroup has got US government support of $326 billion, which is roughly equivalent to one-third of the Indian economy.
Citi has received US government guarantees of $306 billion, a cover that will help it sell the sticky assets and irrecoverable mortgages on its books, and a $20-billion cash infusion from the US Treasury, which is over [...]

New Craze For Homes Abroad

Indian companies picking up stake and buying out foreign businesses . Not only Indian Inc, but Indians are also showing their interest towards foreign destinations for second home. At the time when the Indian economy is struggling to get hold of the rising inflation, many of the rich Indians are actually busy fussing over and [...]

Downtrend In Realty Sector

MUMBAI: When the Indian economy was on an upswing, brokerage and real estate stocks were said to be the darlings of equity bourses.
When the going was good, some also made their debut on stock exchanges and were a big hit with the investing community. Never mind the fact that some of these stocks were commanding [...]