Economy News

Greece Goes into Anti-austerity Protests as Bank Shutdown Bites

With Greece hours away from defaulting on a 1.6 billion euro loan from the International Monetary Fund, the crisis has escalated quickly.

Jun 30, 2015

India, Thailand Ink Deal to Avoid Double Taxation

Both sides also inked an MoU on establishment of the Nalanda University.

Jun 30, 2015

Greeks queue by cash machines through the night as government imposes capital crontrols

Greeces government has closed the countrys banks and imposed capital controls amid the ongoing debt crisis.

Jun 29, 2015

India Requires $60 Billion More Forex to Weather Uncertainties, Says HSBC

The country's foreign exchange reserves currently stand at a new high at $355 billion.

Jun 26, 2015

RBI Governor Rajan to Global Central Banks: World Economy Could be Heading Towards Great Depression of 1930s

The RBI governor had correctly predicted the 2008 financial crisis.

Jun 26, 2015

Former Finance Minister and BJP Leader Yashwant Sinha Questions Modi Govt's Claims on Economic Growth

The growth is due to change in norms to calculate GDP data, he said.

Jun 24, 2015

Edmund Shing: Forget Greece, buy into the European market recovery

Whether Greece stays in the Eurozone or not I believe you should invest in Eurozone stocks.

Jun 24, 2015

India Sees Massive Growth of 1024% in Tourist Arrivals on e-Visa in Jan-May Period

The UK tops the list of travellers heading to India this summer.

Jun 24, 2015

Indian Finance Minister Arun Jaitley Assures US Investors of a Stable Policy Regime

Jaitley is on a nine-day US tour to negotiate the proposed Bilateral Investment Treaty (BIT) between the two countries.

Jun 21, 2015

GST Bill: Congress Demands Changes to Legislation to Lend Support in Rajya Sabha

The party said that it would not support to the bill in its current form.

Jun 20, 2015

Indian economic growth potential higher than 7.5%

Finance Minister Arun Jaitley said on Thursday (18 June) that economic reforms in the legislative pipeline can push Indias growth rate above the 7 to 7.5 percent range.

Jun 19, 2015

Greeces Yanis Varoufakis urges EU not to fall prey to ‘state of mind that accepts an accident’

Greek Finance Minister Yanis Varoufakis said on Thursday (18 June) the euro zone was dangerously close to a state of mind that accepts an accident. He also slammed other ministers whom he said did not want to discuss his proposal to set up an automatic break on the countrys public deficit.

Jun 19, 2015

EU Referendum: Five ways your life will change if Britain leaves the EU

Here are the five most likely changes for Brits if a Brexit takes place.

Jun 19, 2015

Reforms to Boost India's Growth to Over 7.5%: Finance Minister Arun Jaitley

A key legislation is the Goods and Services Tax Bill.

Jun 19, 2015

Economic Reforms Likely to Push India's Growth above 7% Range: Arun Jaitley

The government forecasts growth of 8.1-8.5% while the central bank has a 7.6% GDP growth target.

Jun 19, 2015