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Turning more upbeat, President Barack Obama said yesterday that his administration is working to create a "post-bubble" model for solid economic growth once the recession ends. He said that means the days of overheated housing markets and "people maxing out on their credit cards" are over.

Prime Minister Dr. Manmohan Singh on Monday said that he expected the Indian economy to enjoy a growth rate of nine per cent once again by the year 2011.

To continue to hire and create jobs in line with recovery and growth of the Indian economy.Global software giant Microsoft today said it might dismiss more employees if economic conditions worsen.The company plans to dismiss 1 per cent of its 5,000 employees in India, part of a plan to shed around 5,000 jobs globally.

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Dr Reddy's Laboratories on Wednesday reported an unexpected loss for the latest quarter after incurring write-off related losses at its German unit and trimmed revenue growth forecast for this fiscal year.Chief Executive GV Prasad said the company expected to post a "low single digit" revenue growth in the fiscal year that ends in March, down from its previous forecast of a 10% growth over the previous year.

The Indian economy has witnessed a healthy growth in last couple of years. However the current global economic downturn has taken a toll on the entire world, India being no exception. Over the last few months, we have witnessed failures of major Financial Institutions in the United States and several European countries.

Careers in Indian Bank News update. Indian Bank invites applications from eligible candidates for the post of Clerks : Indian bank invites applications from Indian citizens for clerk jobs

From (Syndicate Bank, Pusa Campus, New Delhi-110012 on payment of Rs.500/- in cash for General / OBC Category and Rs.250/- for /ST/PH categories ( + Rs.25/- as bank service charges).By post:From Registrar (Academic), Post Graduate School,Indian Agricultural Research Institute, New Delhi-110012, by sending a Demand Draft of Rs.575/- for General / OBC Category and Rs.325/- for SC/ST/PH category, drawn on any bank, in favour of Registrar (Academic), Post Graduate School, IARI, payable at Delhi.

The Indian Institute of Foreign Trade (IIFT) was set up in 1963 by the Government of India as an autonomous organisation to help professionalise the country's foreign trade management and increase exports by developing human resources..