$400 m World Bank loan for Power Grid
‘India better placed in financial system’
A cautious approach ( RBI’s third quarter review of the monetary and credit policy)
We will minimise civilian casualties: Rajapaksa
Pranab: no sympathy for LTTE
Washington endorses Beijing’s move to patrol Gulf of Aden
Venkataraman presided over the change to era of coalitions
RBI scales down GDP growth to 7 per cent
Chandrayaan II to be launched on GSLV
Local bodies go slow on new tax norms
Civilians, major concern of Army
We made mistakes, Obama tells Muslim world
Palestinian State is possible, says Obama
California woman makes history with octuplets
Higher education needs a better deal
Downturn, not recession: government
$20 million aid sought to speed up LCA project
Golden quadrilateral on a road to nowhere: BJP
Where statehood demand raises spectre of ethnic unrest
4 comments:
Sir,
why didn't u update the blog?
if possible,please give us the highlights of the important events of this year i.e May 08 onwards...those which are relevant for CSE 09...
prelims coverage of newspaper cuts off here.
what is the difference between slowdown,meltdown,recession and depression (economic)?
slow down is this: there is growth but its rate decelerates. Meltdown is a dramatic drop in growth- usually into the negative territory. It is not a technical term. Recession is negative growth- contraction- for two quarters on a trot. Depression is severe recession lasting for a relatively long period. Features of recession become more pronounced- drop in employment, prices, investment and yes growth! You can call it slump too.
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