Economy News

Edmund Shing: Shell/BG, Nokia/Alcatel, FedEx/TNT - whos next on the takeover trail?

As well as huge buying huge theres a number of likely mid-cap takeover targets out there.

Apr 28, 2015

Aadhaar Becomes World's Biggest Biometric ID Programme

As on 20 April, the total number of Aadhaar cards issued by UIDAI reached 81.78 crore, with 67% of country's 121 crore population possessing the card.

Apr 27, 2015

Modi Govt Overrated its Ability to Revive Economy: CLSA

Despite being in power for almost one year, the Modi-led government is still not able to stimulate demand and boost investments.

Apr 25, 2015

Greeces Yanis Varoufakis says talks with euro zone have made progress

Greek Finance Minister Yanis Varoufakis said on 24 April that talks with his euro zone peers had improved over the past few weeks.

Apr 24, 2015

Below Normal Monsoon to Weigh on Inflation, Growth This Year

The second consecutive year of weak monsoon will adversely the agricultural activity in the nation resulting in rise the food inflation.

Apr 23, 2015

All Eyes on IMD Monsoon Forecast; Will El Nino Result in Poor Rainfall?

Many agencies including the IMD see a high probability of the occurrence of El Nino, a condition that is linked to poor monsoons in the country

Apr 21, 2015

As Petrobras scandal spreads, economic toll mounts for Brazil

Tens of thousands of Brazilian workers have taken the latest hit in the multi-billion dollar corruption scandal involving state oil company Petrobras

Apr 21, 2015

Edmund Shing: Grexit Today, Brexit Tomorrow?

How much longer can the Greeks struggle on before default and the dreaded Grexit?

Apr 21, 2015

India's Investment Climate 'Better' Than Other BRIC Countries, Says Report

Most companies in Germany, the largest economy in the eurozone, now see India as the best performing nation among BRIC members, according to a study.

Apr 20, 2015

Will and Kates Royal baby boom set for UK economy

The Duke and Duchess of Cambridge are expecting the birth of their second child any day now. The birth of a brother or sister for Prince George will of course delight the royal family and the nation, but the safe arrival of the new baby will also give a boost to the UK economy.

Apr 17, 2015

Crude Oil's 10% Rally This Week is Not Justified: Commerzbank

Brent crude oil prices increased to $65 per barrel on Friday, its highest level in more than four months.

Apr 17, 2015

Moody's Less Optimistic on India's GDP Growth

Moody's Analytics forecasts India to grow by 7.3% in the current fiscal year.

Apr 17, 2015

El Nino Threatens to Parch India, Hit Agriculture; Food Prices may Rise

Changes of El Nino conditions appear to be materialising this year. This could result in increase in food prices in the short-term, says Nomura Holdings

Apr 17, 2015

Will Petrol, Diesel Price Cuts be Reversed?

Current scenario in the global crude oil markets remain different, with Brent crude oil price trading at $63 per barrel, the highest price level this year.

Apr 16, 2015

IMF: Currency shifts support global economic growth

Recent shifts in exchange rates should help the global economy, boosting Japan and Europe in particular, amid increasing divergence in the growth paths of the worlds major economies, the International Monetary Fund said on 14 April.

Apr 15, 2015