Outperforming the benchmark index can look simple yet difficult to implement.Exiting out-of-favour industries and spotting emerging industries can do the trick Equities as an asset class tend to outperform all other forms of investments: fixeddeposits or precious commodities like gold a…

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The global economic slowdown could cost Thailand a million jobs early next year and output will be slashed, the Federation of Thai Industries (FTI) said on Monday. “I think industries will cut their production by 20-30 per cent and about 900,000 to 1 million jobs will go in the firs…

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MUMBAI: State Bank of India, on standalone basis, has posted a net profit of Rs 2259.72 crore for the quarter ended Sep 30, 2008 against Rs 1611.42 crore in the same quarter of 2007. Interest earned stood at Rs 15566.50 crore against Rs 11616.28 crore previous year. Interest expended was …

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Mumbai, Oct. 25 Hit by higher fuel costs and the lean season drop in passenger traffic, Jet Airways reported a net loss of Rs 384.5 crore for the second quarter ended September 30 against a net profit of Rs 28.3 crore in the year-ago period. …

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The global financial crisis inflicted more pain on a wide range of corporate sectors, prompting heavy losses in stock markets, while the IMF readied a rescue of some 200 billion dollars for debt-laden countries. …

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In what could be seen as a major confidence building measure, India has said it will support Pakistan government’s efforts to tide over a serious financial crunch by backing Islamabad’s plan to seek help from the IMF. …

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BRUSSELS: The trouble with telling nervous customers you have solved their problem is that you first have to admit there is one. That is the dilemma facing the world’s banks, governments and financial institutions as they desperately try to restore faith in an economic system which …

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MUMBAI: Shares fell 10.96 per cent on Friday, their biggest fall in 4-½ years, on disappointment the central bank did not ease policy further and as a global market rout triggered a flight from risky assets. Reliance Industries, India’s most valuable firm, …

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LONDON: Britain’s economy shrank for the first time in 16 years between July and September, official figures showed Friday. The country’s economic output declined by 0.5 percent last quarter, according to Britain’s Office for National Statistics. …

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MUMBAI: Rupee opened trade on Friday at a record low of 50.15 per dollar, weighed down by heavy losses in Asian stocks which raised worries of more outflows from the local share market. At 9 am, the partially convertible rupee was at 50.00/15 per dollar, compared with 49.81/82 at close on…

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