Economy News

India: GDP grows by 7.4% in Q2; manufacturing sector shows 9.3%

Most analysts had expected the economy to grow by 7.3%.

Nov 30, 2015

India's April-October fiscal deficit touches 74% of full-year target

The deficit was 89.6% of the full-year target during the same period a year ago.

Nov 30, 2015

Gender pay gap: Study shows teenage girls expect to earn Â£7,000 less than boys

The City and Guilds survey showed that teenagers are unaware of the job market

Nov 30, 2015

Power sector employees to hold nationwide strike on December 8

The strike is to be observed by power employees, engineers and contract workers.

Nov 30, 2015

Australia: Supply of uranium to India to 'begin immediately'

Australia-India Nuclear Cooperation Agreement permits Australian firms to start commercial uranium export to India.

Nov 30, 2015

Central govt rules out move to curb steel imports

Steel imports in the first seven months of this financial year have gone up sharply.

Nov 30, 2015

India's financial conditions are better over previous quarter, says CII-IBA

Financial conditions have shown a healthy improvement due to low cost of funds, strong liquidity, etc.

Nov 30, 2015

RBI: 5th monetary policy review of fiscal to be declared on 1 December

Analysts say RBI is unlikely to cut rates further, ahead of the US Federal Reserve's policy review due mid-December.

Nov 30, 2015

Industry pits "cleaner coal" technology against renewable energy

High costs of greener plants are proving a major obstacle in selling them to power-hungry nations.

Nov 30, 2015

India's GDP seen outpacing China on improving domestic demand: poll

Asia's third-largest economy likely expanded 7.3 percent in the second quarter of the current financial year.

Nov 30, 2015

Paradigm shift: U.S. online shopping rivals store trips, says NRF survey

An equal number of U.S. shoppers sought to buy items online as they did in physical stores over the Thanksgiving weekend.

Nov 30, 2015

Hillary Clinton moots $275 billion infrastructure spending plan to create jobs

Hillary Clinton plans to make job creation the focus of her campaign over the next month.

Nov 30, 2015

Iran: 50 oil projects proposed to foreign investors, says media

Some 135 energy companies attended a conference in Tehran to hear the terms of a new energy contract.

Nov 29, 2015

Genuine climate change financing needed, says economic affairs secretary

Das says clean technology is important and not unreasonable standards that create markets for developed countries.

Nov 29, 2015

China: Sinopec Corp offers refineries big incentives to export surplus diesel

About a half-dozen of Sinopec's refineries are being offered around $37.60 for each tonne of diesel exported.

Nov 29, 2015

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Economy News

India: GDP grows by 7.4% in Q2; manufacturing sector shows 9.3%

India's April-October fiscal deficit touches 74% of full-year target

Gender pay gap: Study shows teenage girls expect to earn Â£7,000 less than boys

Power sector employees to hold nationwide strike on December 8

Australia: Supply of uranium to India to 'begin immediately'

Central govt rules out move to curb steel imports

India's financial conditions are better over previous quarter, says CII-IBA

RBI: 5th monetary policy review of fiscal to be declared on 1 December

Industry pits "cleaner coal" technology against renewable energy

India's GDP seen outpacing China on improving domestic demand: poll

Paradigm shift: U.S. online shopping rivals store trips, says NRF survey

Hillary Clinton moots $275 billion infrastructure spending plan to create jobs

Iran: 50 oil projects proposed to foreign investors, says media

Genuine climate change financing needed, says economic affairs secretary

China: Sinopec Corp offers refineries big incentives to export surplus diesel

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