Economy News

Prosecco: Everything you need to know about the UK’s favourite sparkling wine

What is Prosecco, is it better than Champagne and will sales continue to grow?

Aug 28, 2015

Chances of RBI Rate Cut in September High, Says Poll

But a recent rise in onion prices may weigh on food prices.

Aug 28, 2015

Save Brixton Arches: The local community fighting against eviction

Network Rail, the owner of the arches, announced plans to evict over 30 shops based in the arches.

Aug 28, 2015

Modi Government Fast-Tracks Business Projects; Proposals Worth Rs 6.5 Lakh Crore Being Implemented

About 38% of investment projects announced after PM Narendra Modi took charge as PM are "already in implementation mode."

Aug 27, 2015

Chinese Shares Open Higher at 10,076.09 Points

The Shenzhen Component Index opened 1.78 percent higher at 10,076.09 points.

Aug 27, 2015

Raghuram Rajan Rejected Advisory Panel's Recommendation for Rate Cut in August

One of the panel members even suggested a cut in repo rate by as much as 50 bps.

Aug 26, 2015

Upcoming F&O Expiry Drives Volatility; Sensex Down 326 Points

The Sensex touched a high of 26,156.61 points and a low of 25,657.56 points during intra-day trade.

Aug 26, 2015

Chinese Shares Open Higher after Central Bank Cuts Interest Rates

The benchmark Shanghai Composite Index opened at 2,980.79 points, up 0.53 percent.

Aug 26, 2015

Crude Oil Near 6-1/2 Year Lows as China Economy Concerns Linger

With oil falling further, support is growing among non-Gulf members for action and even some Gulf officials are concerned about the latest drop in prices.

Aug 26, 2015

Falling Rupee May Pour Cold Water on Arun Jaitley's Call for Rate Cut by RBI

Some officials of the finance ministry are even lobbying "behind the scenes for immediate rate cut by as much as 50bps."

Aug 25, 2015

China stock market crash explained in 90 seconds

IBTimes UK explains what the shares slump in China means for investors.

Aug 25, 2015

Greece debt crisis: The Greek people are happy with the fight fought by Syriza

Greece solidarity co-chair Isidoros Diakides says Alexis Tsipras and Syriza offered hope for the Greek people.

Aug 25, 2015

'Make in India': Govt Receives Investment Proposals Worth Rs 90,000 crore in Two Months

Overall, the government has received proposals to the tune of nearly Rs 1.10 lakh crore in the past one year.

Aug 24, 2015

Hit by Negligence, Indian Railways Now an ICU Patient: Suresh Prabhu

The railway minister said the government would spend $120 billion in cash-starved public transporter in the coming five years.

Aug 22, 2015

Coal Prices Plunge to 12-year Lows as Demand from India, China Falls

The steady and sharp fall in coal prices has knocked down shares of big mining companies like BHP Billiton, Glencore and Rio Tinto.

Aug 19, 2015