Economy News

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

Armed pro-Russian separatist stands guard as OSCE monitors and members of a Malaysian air crash investigation team inspect the crash site of Malaysia Airlines Flight MH17, near the village of Rozsypne, Donetsk region

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

The Human Dynamics of Climate Change map, that predicts climate changes, trade, crop production, etc till the year 2100.

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

Electricity Will Continue to Become Costlier in India?

India is not only facing shortage of coal at power plants, it's domestic production of the fuel has also declined. It will now have to depend on the imported raw material which is likely to hike the power tariff sharply.

Jul 17, 2014

BRICS' Evolution from just an Acronym into New Global Order

It is now for the first time that the group set up international institutions when they announced the New Development Bank and the Contingent Reserve Arrangement.

Jul 17, 2014

Low Cost Carriers Offer Another Sale; Tickets Priced as Low as ₹1,699 for Domestic Travel

The destinations, which come under this offer are Goa, Guwahati, Port Blair, Dharamshala, Udaipur, Thiruvananthapuram and Kochi.

Jul 17, 2014

BRICS Launch Development Bank, India Loses Headquarters to China

The consolation for India is that it will get the first term of presidency of the bank for five years.

Jul 16, 2014

Buyers from 59 Countries Visit South Asia's Biggest Garment Fair in Delhi

Buyers from 59 countries are visiting the three-day-long 53rd India International Garment Fair, which was inaugurated by Santosh Kumar Gangwar, the Union Minister of State for Textiles, in New Delhi on Monday.

Jul 14, 2014