recession

Unemployment Rates Continue To Remain High Even As The Economy Recovers [Infographic]

by Ankit Agarwal on November 17, 2011

Unemployment is turning out to be a nightmare even as the US economy shows signs of recovery. Job losses are still rampant and people are still finding it extremely difficult to get employment. High unemployment and job losses when the economy is down and companies are downsizing to save costs is to a certain extent [...]

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Citigroup posts $7.6 billion Q4 losses , Is Profitability In Sight?

by Ankit Agarwal on January 20, 2010

Citi_Posts_7billion_losses

Citigroup is at it again.The bank has posted dismal Q4 results with losses translating into 33 cents per share.The results however do not look as bad when compared with the same quarter last year. Last year, Citigroup reported USD 17.3 billion, or USD 3.40 a share in losses for the quarter, following which Citi shares [...]

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SlowDown Combo Offer :A CitiBank Share and A McDonald’s Burger For 2$

Talk about the Best Combo offers around,and this will beat them all.Yes,Now you can get a Citibank share and McDonald’s for 2$ only.Given the current exchange rates, that will account to around 100 INR.Interested, or you will still prefer to replace the Citibank Share with a large coke or a medium french fries:-) Jokes apart,this [...]

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Amway Sales up 9% And The World is Crying Recession

Seriously, the Amway results announcement came as a shocker to me.If a FMCG direct selling company like Amway having a large portion of their inventory in cosmetics and consumables reported a 9% increase in sales from last year, how can we talk about India being in Recession.For further reading on Amway business model, please read [...]

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India is the most insulated Asian PowerHouse!!China GDP Falls to 6.8%

For those who think India has been hit badly with the recession,economic slowdown and what not, this post should bring some respite.China,The Asian superstar of pwerhouse slowed down considerably in Q4( october-December).This was owed considerably to heavy contribution of Exports in the Country’ Growth.Chinese Economy has for years been driven majorly on Exports and with [...]

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