China is expected to lead the global aviation recovery thanks to its dynamic domestic air travel. The country will require 3,770 new airplanes valued at 400 billion USD over the next 20 years and will remain the world’s largest commercial airplane market outside the United States, said Randy Tinseth, Boeing Commercial Airplanes’ Vice-President for marketing. “China ...
The Reserve Bank today said the soft monetary policy adopted by it to counter the impact of the global financial meltdown on the country will continue till the economic recovery is secured. “Especially on monetary policy, we will not exit unless we are sure that recovery is secured …but soon thereafter when we make the judgment ...
Is There IT Industry Back To Normalcy? The Indian IT industry was one of the worst hit by the recession on account of its almost complete dependence on international markets especially the US and Europe. The freeze on IT budgets by companies association Nasscom initially forecast that IT exports would grow by 22-24% in 2008-09, but as ...