Economy News

Iran, Iraq, Russia reject Saudi Arabia's idea to cut oil production to battle falling prices

Saudi Arabia expected OPEC and non-OPEC countries to join in the cut of oil output by 1 million barrels per day.

Dec 4, 2015

Barclays sells Italian branches to Mediobanca at a loss

Barclays is likely to be left with more than Â£10 billion of Italian mortgages on its books.

Dec 4, 2015

Rupee at over two-year low after ECB stimulus, Fed rate hike fear

The rupee was trading at 66.96/97 to the dollar, its lowest since 4 September, 2013.

Dec 4, 2015

ECB president Mario Draghi extends QE programme until March 2017

The European Central Bank has decided against an increase in the pace of the asset purchase programme, Mario Draghi announced at a press conference on 3 December.

Dec 3, 2015

#ChennaiRains: First gesture comes from film fraternity, not India Inc

IIFA Utsavam has postponed its celebrations in view of the unprecedented rainfall in Chennai.

Dec 3, 2015

India to ban old trucks as cities choke on dirty air

Hauliers complain such a move would unfairly single them out.

Dec 3, 2015

Khan Academy arrives in India with launch of Hindi portal

By the end of 2015 Khan Academy estimates more than 8 million users in India

Dec 3, 2015

ADB revises forecast for China's 2015 economic growth higher

China's economy is now expected to clock growth of 6.9% in 2015, from 6.8% earlier.

Dec 3, 2015

Bond yields slump on RBI's OMO plan to infuse liquidity

At 9:08 a.m., the benchmark 10-year bond yield was down 5 basis points at 7.69%.

Dec 3, 2015

India: Services growth at five-month low in November

The PMI for services fell sharply to 50.1 in November from October's eight-month high of 53.2.

Dec 3, 2015

Swachh Bharat cess not pushing up inflation: Sanitation minister

From 15 November, the government started levying a 0.5% cess on all taxable services to fund Swachh Bharat mission.

Dec 3, 2015

Global server shipments grew 9.2% in third quarter of 2015: Gartner

Vendor revenue increased 7.5% year-on-year, says Gartner

Dec 3, 2015

Government grants approval for setting up 13 airports: Minister

The will come up in Goa, Maharashtra, Karnataka, Kerala, Gwalior, Sikkim, UP and Puducherry.

Dec 2, 2015

Chennai floods: Hyundai, Renault suspend operations; Assocham says financial loss may exceed Rs 15,000 crore

It has urged the Modi government to immediately announce a relief package for industry in Tamil Nadu.

Dec 2, 2015

India sees 13% increase in FDI in first half of this fiscal year

India saw highest FDI inflows of $6.69 billion from Singapore.

Dec 2, 2015

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Economy News

Iran, Iraq, Russia reject Saudi Arabia's idea to cut oil production to battle falling prices

Barclays sells Italian branches to Mediobanca at a loss

Rupee at over two-year low after ECB stimulus, Fed rate hike fear

ECB president Mario Draghi extends QE programme until March 2017

#ChennaiRains: First gesture comes from film fraternity, not India Inc

India to ban old trucks as cities choke on dirty air

Khan Academy arrives in India with launch of Hindi portal

ADB revises forecast for China's 2015 economic growth higher

Bond yields slump on RBI's OMO plan to infuse liquidity

India: Services growth at five-month low in November

Swachh Bharat cess not pushing up inflation: Sanitation minister

Global server shipments grew 9.2% in third quarter of 2015: Gartner

Government grants approval for setting up 13 airports: Minister

Chennai floods: Hyundai, Renault suspend operations; Assocham says financial loss may exceed Rs 15,000 crore

India sees 13% increase in FDI in first half of this fiscal year

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react