While the western economies across the world are still busy recovering from the slowdown blues, the flag of the Indian economy is still flying high. In fact, the hiring outlook of India Inc.

The already troubled national carried Air India is expected to suffer losses to the tune of a Rs. 5,400 crore for the FY of 2009-10.

Car makers around the world have been going through tough times. Toyota announced a recall of millions of its vehicles, Hyundai recalled its new model of Sonata and now Maruti Suzuki is in news.

The World Gold Council said in a report that India’s gold consumption in 2009 totaled 405.8 tones which make it the largest gold consumer in the world.