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China's Growth Model Outdated; Will Current Reforms Save the Economy?

Experts say China's development model is "obsolete" and needs to be replaced "immediately". Nov 27, 2014
Growth

GDP Growth to Slow to 5.1%, but no Rate Cut Yet

Consumer inflation slowed to 5.52 percent in October, its lowest reading on record, and despite Mumbai's soaring stock market there are no signs of economic growth picking up Nov 27, 2014
oil prices

OPEC Likely To Agree on Production Cuts, But Will it Really Work?

OPEC is poised to meet on Thursday in Vienna, Austria, to decide on an oil supply ceiling or a production cut. Nov 26, 2014
Jack Ma

Alibaba Founder Jack Ma Says he is Inspired by Modi's Speech

Ma says he is in favour of more business ties between India and China; and hopeful of more Indian vendors selling products to Chinese users via Alibaba Nov 26, 2014
Pills

India too Dependent on China for Drug Ingredients: NSA

National Security Adviser (NSA) Ajit Doval says India's overdependence on China for sourcing raw material for drugs is not an ideal situation Nov 26, 2014
Rajan

RBI Under Rate Cut Pressure as Growth Slips Back

India's economic growth probably slowed to around 5 percent in the three months to September, slipping from 5.7 percent in the previous quarter Nov 25, 2014
Anton Siluanov

Russia Could Scale Back on Oil Production Ahead of OPEC Meet

Russia mulls limiting its annual oil production to 525 million tons due to falling prices and western sanctions. Nov 25, 2014
oil prices

'To Cut or not to Cut' - All Eyes on OPEC as Oil Prices Tumble

As oil prices continue to tumble southwards, the world is awaiting a "supply cut" decision from the Organization of Petrol Exporting Countries (OPEC), which is poised to meet on Thursday in Vienna, Austria. Nov 24, 2014
Kaththi Story Leaked

Box Office Collection: 'Kaththi' Earnings Drop; 'Vanmam', 'Naaigal Jaakirathai' Lead in Chennai

The theatre collections and occupancy of "Kaththi" has dropped in the fifth week of its release. Nov 24, 2014
Black Friday 2014 Shopper's Guide; Find The Working Hours For The Stores Around You

Thanksgiving Turning into Black Friday? Why Stores are Unveiling Deals One Day Before Epic Sale

In a bid to ramp up sales and meet customer demand, several American retailers are expediting their deals meant to roll out on Black Friday, the great shopping event, to Thanksgiving Day. Nov 24, 2014
People's Bank of China HQ

How China's Clever Interest Rate Cut Gets Markets Excited; Will it Help the Economy?

The People's Bank of China (PBOC), the country's central bank, cut long term lending rates by 40 base points on Friday to buoy its faltering economy as a measure to avoid the hard market crash threatening the country. It also reduced its one-year deposit rate by 0.25 percent to 2.75 percent. Nov 22, 2014
Mario Draghi

'Essential to Bring Back Inflation' – ECB Chief Expanding Bond-Buying Program

Mario Draghi, the head of the European Central Bank declared on Friday that they were committed to expanding their bond-buying program in order to stoke inflation and bring it back on track. Nov 22, 2014
Home Sales

US Existing Home Sales Surge in October Crossing Year-Over-Year Gains

Existing home sales in the United States rose for the second consecutive month in October 2014, crossing year-over-year gains for the first time, according to The National Association of Realtors (NAR). Nov 21, 2014
Power Theft problem

India to Invest $4 Billion in Power industry to Wipe Out Theft Problem

The Indian Power Ministry announced on Thursday that it will invest $4 billion (INR 25,300 crore) in the power industry to roll out a new metering system and upgrade power distribution networks around the country to help tackle the power theft issue. Nov 21, 2014
Shinzo Abe

Japan's Exports Improve in October; is 'Abenomics' Really Working?

Japan's exports index rose to the highest level in eight months in October after the economy slid into recession a three months ago Nov 20, 2014
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