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Economy News

China Accounts For 30% of Global Economic Growth

The world's second largest economy will not take a "hard landing", says Chinese Prime Minister Li Keqiang. Sep 10, 2015

Lord Mayor of London: Outreach

Lord Mayor of London: Outreach Sep 9, 2015

iPhone 6s Gets Cold Response From Investors; Apple Shares Witness Unusual Drop

In an unusual trend, Apple (AAPL) shares have been falling in the past 30 days in the run-up to the unveiling of its iPhone 6s and iPhone 6s Plus. Sep 9, 2015

Govt Will Soon Release List of Tax Exemptions to be Withdrawn: Jaitley

"This will make the corporate tax regime much simpler," Jaitley said. Sep 9, 2015

India Transiently Impacted by China Slowdown, Global Turmoil an Opportunity For Country: Jaitley

Being a net importer of commodities globally, the low oil prices are an opportunity for India, says Finance Minister Arun Jaitley. Sep 8, 2015

OROP to Cost Much More Than Estimated: Report

It will also reduce the government's ability to meet its fiscal deficit target this fiscal Sep 7, 2015

India's GDP Can Grow by Massive 27% on Gender Parity in Workforce: IMF Chief

The positive impact from gender parity in the workforce on the Indian economy will be much higher compared to US economy. Sep 7, 2015

ECB: Economic conditions worsened since August

Risks to the European Central Banks outlook for economic growth and inflation have worsened since mid-August. Sep 3, 2015

Morgan Stanley Trims India's GDP Growth Forecast to 7.5%

Morgan Stanley cites below normal monsoon rainfall and subdued demand for country's exports as major reasons for the downward revision. Sep 2, 2015

Oil Prices Fall Over 2% on Stronger than Expected Inventory

The fall comes after oil prices dropped to their lowest level in 6-1/2 years last week. Sep 2, 2015

Chinese Shares Plunge Over 3% Amid Weak Economic Data

The stocks in textile machinery, automobile manufacturing and the steel industry reported the morning's biggest losses. Sep 1, 2015

India's 7% Q1 GDP Growth Rate 'Overstating' Real Economy

"But the GDP data remain inconsistent with numerous other indicators...at best, the economy is in the early stages of recovery..." says Capital Economics Aug 31, 2015

India Likely to Remain the Fastest Growing Economy Amid China's Struggles

India is expected to remain the fastest growing major economy for a second straight quarter. Aug 31, 2015

Markets End on Quiet Note After Volatile Ride

The Fed is waiting to see how data and markets unfold over the coming weeks before deciding whether to raise rates at its meeting in mid-September Aug 29, 2015

Prosecco: Everything you need to know about the UK’s favourite sparkling wine

What is Prosecco, is it better than Champagne and will sales continue to grow? Aug 28, 2015
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