Economy News

India Drops Claim to Bay of Bengal Oil Blocks Ending Dispute with Bangladesh

The dropping of claim to offshore oil blocks ends decades-old dispute.

Jul 31, 2014

Coal Shortage Hits Power Generation at Two AP Thermal Plants

Coal shortage has affected power generation at the Vijayawada Thermal Power Station and the Rayalaseema Thermal Power Plant in Andhra Pradesh.

Jul 28, 2014

Azim Premji Meets Naidu, KCR to Invest in Hyderabad, Vizag, Hindupur

Wipro chairman Azim Premji revealed his business proposals for both Andhra Pradesh and Telangana, when he met the two Chief Ministers of the states in Hyderabad on Sunday.

Jul 28, 2014

India Stands up for Poor Nations on WTO Deal, Faces Heat from Richer Ones

With India unwilling to relent on its demand that food security be considered in the World Trade Organisation's trade facilitation agreement (TFA), it is facing the heat from other nations, particularly from the United States.

Jul 26, 2014

China July HSBC Flash PMI at 18-month High as Stimulus Spurs Economy

China's factory activity expanded at its fastest pace in 18 months in July as new orders surged.

Jul 24, 2014

World Bank Offers $18 billion Dollar Loan to India for 3 years, Modi Pushes for Ganga Cleaning

This decision is in line with improving India's economic growth to 9 percent, the World Bank President said.

Jul 24, 2014

EU Readies Possible Capital, Tech Sanctions on Russia

The EU threatened Russia with harsher sanctions over Ukraine that could inflict wider damage on its economy.

Jul 23, 2014

Why India is Set to Reject WTO Trade Agreement

India's main concerns with the pact were about food security and about financial assistance to poor nations.

Jul 23, 2014

India Keeps World Guessing in Countdown to Landmark Trade Pact Deadline

India will firm up its position regarding a landmark global trade pact shortly before a Thursday deadline.

Jul 22, 2014

Thailand Regains Spot as Top Rice Exporter due to Delayed Monsoon in India

Thailand's exports volume has breached India's exports volume this year.

Jul 21, 2014

Centre to Issue Life-Time Licenses to Indian Ships

The decision has been approved by the Minister for Road Transport and Highways and Shipping Nitin Gadkari

Jul 21, 2014

New Map Predicts Impact of Climate Change

The new map shows a decrease in food yield in the Indian subcontinent, while showing an increase in Australia, and the Americas.

Jul 21, 2014

After MH17 Crash, MH370 Incident Malaysia Airlines May Cease to Exist

After the two consecutive catastrophes involving Malaysian airlines (MH370 and MH17), the carrier may be shut down.

Jul 19, 2014

Minerals Council of Australia Extends Help to Indian Mining Companies

Minerals Council of Australia (MCA) is keen to help Indian mining companies, in the area of sustainable mining.

Jul 19, 2014

Lok Sabha Approves Budget, Jaitley Answers Questions on Chinese Incursions

With the first stage of the Budget exercise completed, the Lok Sabha will now debate and pass the Finance Bill, which is expected before the end of this month.

Jul 19, 2014