Economy News

China: Police crack $4.5 billion worth underground bank network

14 gangs, each of whose daily illegal transactions were more than $100,000, were arrested.

Nov 25, 2015

Number of Americans filing for unemployment benefits on the decline

Claims have now held below the 300,000 threshold for 38 consecutive weeks.

Nov 25, 2015

Timely tariff hikes key to keep discoms sustainable : Fitch

India's power generators continue to face low and declining capacity utilisation,

Nov 25, 2015

India may save Rs 2 lakh crore on oil imports this fiscal

However, consumers did not get the full benefit from a slump in global crude oil prices.

Nov 25, 2015

US economy grows 2.1% in Q3; Goldman Sachs calls it 'tortoise recovery'

The second estimate of 2.1% is higher than the first estimate of 1.5% reported in October.

Nov 25, 2015

Railways to create Rs 1.1 lakh crore fund to upgrade safety systems

A six-member committee has been formed to work out a blueprint for the programme.

Nov 25, 2015

Sales of Apple products in India lagging behind the West: Report

Indian Prime Minister met Tim Cook recently and suggested they build a manufacturing unit in India.

Nov 25, 2015

Bidding for 4 ultra mega power plants to begin soon: Piyush Goyal

The UDAY scheme would result in saving of Rs.180,000 crore and 24X7 power supply, Piyush Goyal said.

Nov 25, 2015

Govt prepared to discuss changes in GST bill with Congress: Arun Jaitley

"Extremely unfair if we try to impose a GST with a defective structure, in name of political compromise," Jaitley said.

Nov 25, 2015

India may miss exports target of $325 billion this fiscal

It is will end "less than $300 billion," says a Modi government official.

Nov 24, 2015

52% Britons want the UK to exit the European Union: Survey

Opinion changed from surveys earlier this year after the Paris terror attacks.

Nov 24, 2015

SunEdison plans to sell 400 MW of solar power capacity in India

The U.S.-based solar company is looking to shed assets to boost balance sheet.

Nov 24, 2015

Iran to boost gas export capacity, seeks international partnerships

Rouhani said Iran had been working for 2 years to increase its gas production capacity via pipelines to neighbour countries.

Nov 24, 2015

Paris attacks: How hotels, restaurants and travel in France have been affected

Edmund Shing explains the economic impact of the Paris attacks.

Nov 24, 2015

China cuts wholesale gas prices, seeks to boost demand for cleaner fuel

The impact could be mixed for players in the market.

Nov 24, 2015

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Economy News

China: Police crack $4.5 billion worth underground bank network

Number of Americans filing for unemployment benefits on the decline

Timely tariff hikes key to keep discoms sustainable : Fitch

India may save Rs 2 lakh crore on oil imports this fiscal

US economy grows 2.1% in Q3; Goldman Sachs calls it 'tortoise recovery'

Railways to create Rs 1.1 lakh crore fund to upgrade safety systems

Sales of Apple products in India lagging behind the West: Report

Bidding for 4 ultra mega power plants to begin soon: Piyush Goyal

Govt prepared to discuss changes in GST bill with Congress: Arun Jaitley

India may miss exports target of $325 billion this fiscal

52% Britons want the UK to exit the European Union: Survey

SunEdison plans to sell 400 MW of solar power capacity in India

Iran to boost gas export capacity, seeks international partnerships

Paris attacks: How hotels, restaurants and travel in France have been affected

China cuts wholesale gas prices, seeks to boost demand for cleaner fuel

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