Search Results for: job cuts

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Rights groups say 50 dead in Sudan fuel riots

Rights groups slammed Sudan Friday for killing protesters demonstrating against fuel subsidy cuts, saying 50 people were shot dead in two days in the country's worst riots since 1989. Duration: 00:42 Sep 27, 2013
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India shies from diesel hike, seeks $5 Billion fuel savings

New Delhi, Sep 25 (ANI): The Ministry of Petroleum and Natural Gas has shied away from introducing comprehensive energy subsidy cuts and on the contrary taken up a campaign on conservation of resources. Union Oil Minister M Veerappa Moily stated this at a news conference in New Delhi. He asked the citizens of the country to embrace car pooling, buses and cycling as well in a bid to curb fuel consumption. Moily said that he hoped to save $5 billion from fuel conservation measures even as he shied away from substantial measures such as raising diesel and other fuel prices as the electoral cycle hots up with polls due to be held by May 2014. Meanwhile, commenting on the 5 billion 'mega fuel conservation campaign', Moily said that the Petroleum Conservation Research Association (PCRA) of his ministry along with various stake holders will join hands to promote fuel conservation in a variety of sectors. Sep 25, 2013
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Greek civil servants strike over austerity cuts

Thousands of civil servants protested in Greece on Tuesday at the start of a fresh strike against job cuts pushed by the government in return for international bailout loans. Duration: 00:59 Sep 24, 2013
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Greece crippled by fresh anti-austerity strikes

Thousands of civil servants demonstrated in Greece on Wednesday in the week's second major protest against planned job cuts, as social tensions rose over a leftist musician's murder by a suspected neo-Nazi. Duration:01:07 Sep 18, 2013
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Rangarajan cuts FY14 GDP growth estimate to 5.3 percent

New Delhi, Sep 13 (ANI): India's economy is expected to grow 5.3 percent this fiscal year, sharply lower than an earlier estimate of 6.4 percent but higher than last year, the prime minister's economic advisory panel said on Friday. The revised forecast is roughly in line with projections of the RBI and many private economists, who expect Asia's third-largest economy to grow at around 5 percent, the same level as in 2012-2013. A pick-up in automobile production and exports in August indicated that the manufacturing sector would do better in the second half than the first, said C. Rangarajan, the chairman of the Prime Minister's Economic Advisory Council. The advisory council also said that containing the fiscal deficit within the budgeted target of 4.8 percent of gross domestic product could be a challenge. Sep 13, 2013
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'Satyagraha' Review Roundup: Worth a Watch

Bollywood films based on political thriller have not failed to entice film critics and moviegoers somehow, and Prakash Jha's latest flick, "Satyagraha" is one of those films. Aug 30, 2013
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Indian Stocks Expected to Extend Losing Streak

Indian stock markets are expected to decline for the fifth straight session on Thursday after the minutes from the Federal Open Market Committee’s (FOMC) July policy meeting released Wednesday offered few clues on when the US central bank might reduce its asset purchase program. Aug 22, 2013
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