New York, US stocks fell sharply on Friday as investors grew concerns over a possible slowdown of the global economy and a slew of corporate news. The Dow Jones Industrial Average was down 496.87 points, or 2.02 percent, to 24,100.51. The S&P 500 decreased 50.59 points, or 1.91 percent, to[Read More…]
Tag: Global economy
Japanese island’s mud could change the global economy: Study
Tokyo: An estimated 16 million tonnes of mud containing massive, “semi-infinite” stores of valuable rare earth minerals, found in a small Japanese island in the Pacific Ocean could alter global economy, a new study has revealed. According to the study published by a team of Japanese researchers, this huge patch of[Read More…]
India to become the largest producer of milk by 2026
According to a report by the UN and OECD report, India is expected to be the world’s largest milk producer by 2026 and will account for the biggest increase in wheat production globally in the coming decade. The OECD-FAO Agricultural Outlook 2017-2026 said the world’s population will increase from 7.3[Read More…]
Only 66% of IIT graduates got placed in 2016-17
According to data made available by IITs to the human resource development (HRD) ministry, one out of three IITians graduating this year either didn’t find a suitable job or couldn’t get a suitable job through college placement. Clearly pointing at the trend of unemployment, only 66% student who appeared for[Read More…]
Indian economy to remain effulgent in global landscape says IMF
After the Indian economy was hit by demonetisation, it is expected to grow strongly and remains gleaming in the global landscape, a senior IMF official has said. “The Indian economy is growing strongly and remains a bright spot in the global landscape,” the IMF mission chief for India, Paul Cashin[Read More…]
