Word: domestice
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The report also found that universities increased their use of “alternative strategies”—branching into private equity, real estate, and commodities—and held more cash and short-term securities in 2009 compared to 2008. The percentage of holdings invested in both...
College administrators said they will use criteria similar to last year’s when reviewing applications for domestic travel. Those criteria provided funds for “one-time, novel” travel opportunities, Neal said.
Now, however, India may finally have one up on its high-octane rival. Though India still can't compete on top-line economic growth - the World Bank projects India's gross domestic product (GDP) will increase 6.4% in 2009, far short of the 8.7% that China announced in mid-January...
India, meanwhile, isn't experiencing nearly the same degree of fallout from its recession-fighting methods. The government used the same tools as every other to support growth when the financial crisis hit - cutting interest rates, offering tax breaks and increasing fiscal spending - but the scale was smaller than in...
India maintained robust growth without Beijing's hefty stimulus in part because it is less exposed to the international economy. China's exports represented 35% of GDP compared with only 24% for India in 2008. Thus India was afforded more protection from the worst effects of the financial crisis in...