Economy News

John McDonnell: I can be trusted on economy

Hardline left-winger says economy can prosper under Labour.

Sep 14, 2015

India to Witness Third Worst Monsoon in Three Decades This Year

The excess monsoon rainfall has so far been witnessed in only 6% area of the country.

Sep 14, 2015

Asia Shares Edge up, Brush off Soft China Data

In the currency market, the dollar was little changed against major currencies.

Sep 14, 2015

Rs 500 Notes in Top Demand, Rs 100 Notes Circulation Going Down, Says Study

The two denominations account for almost 86% of currency notes in circulation in India

Sep 12, 2015

Indian Equities Open Higher after Decent Rallies in Previous Two Sessions

Thirty shares that comprise the Sensex basket were ruling in the green.

Sep 11, 2015

China Accounts For 30% of Global Economic Growth

The world's second largest economy will not take a "hard landing", says Chinese Prime Minister Li Keqiang.

Sep 10, 2015

Lord Mayor of London: Outreach

Lord Mayor of London: Outreach

Sep 9, 2015

iPhone 6s Gets Cold Response From Investors; Apple Shares Witness Unusual Drop

In an unusual trend, Apple (AAPL) shares have been falling in the past 30 days in the run-up to the unveiling of its iPhone 6s and iPhone 6s Plus.

Sep 9, 2015

Govt Will Soon Release List of Tax Exemptions to be Withdrawn: Jaitley

"This will make the corporate tax regime much simpler," Jaitley said.

Sep 9, 2015

India Transiently Impacted by China Slowdown, Global Turmoil an Opportunity For Country: Jaitley

Being a net importer of commodities globally, the low oil prices are an opportunity for India, says Finance Minister Arun Jaitley.

Sep 8, 2015

OROP to Cost Much More Than Estimated: Report

It will also reduce the government's ability to meet its fiscal deficit target this fiscal

Sep 7, 2015

India's GDP Can Grow by Massive 27% on Gender Parity in Workforce: IMF Chief

The positive impact from gender parity in the workforce on the Indian economy will be much higher compared to US economy.

Sep 7, 2015

ECB: Economic conditions worsened since August

Risks to the European Central Banks outlook for economic growth and inflation have worsened since mid-August.

Sep 3, 2015

Morgan Stanley Trims India's GDP Growth Forecast to 7.5%

Morgan Stanley cites below normal monsoon rainfall and subdued demand for country's exports as major reasons for the downward revision.

Sep 2, 2015

Oil Prices Fall Over 2% on Stronger than Expected Inventory

The fall comes after oil prices dropped to their lowest level in 6-1/2 years last week.

Sep 2, 2015