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Economy News

America offers 'help' to PM Modi to tackle 'bureaucratic' hurdles

"We stand ready to help India address its internal challenges," said Arun M Kumar, US Assistant Secretary of Commerce for Global Markets. Nov 5, 2015

Modi launches three gold-related schemes

The World Gold Council says an estimated 23,000 tonnes of gold is lying idle with households and institutions in India. Nov 5, 2015

Brazil: Petrobras' worst strike reduces oil output, deepens crisis

It's like the unions are saying, 'Hey, Petrobras is in intensive care. Let's pull the plug, a Brazil energy research company said. Nov 5, 2015

Asia stocks fall as Fed hints at December interest rate hike

Central banks from Australia to Thailand have voiced their caution at their scheduled policy meeting this week. Nov 5, 2015

Solar power tariff at all time low: Power Minister

Through reverse e-bidding, NTPC has received bids of Rs 4.63/kW.h by a US-based Sun Edison company. Nov 5, 2015

Nokia: Only 45 percent of 3G capable devices have valid subscription

one in every four Indians has a capable 3G device, while 3G subscribers today are only at 100 million. Nov 5, 2015

Star Wars The Force Awakens and Frozen merchandise driving UK toy market Christmas sales

Film-related products now account for 15% of all UK toy sales. Nov 4, 2015

Office market absorption flat in September quarter, says Colliers International India

The total office absorption for the first nine months of calendar 2015 saw an 11% increase at 30 million square feet. Nov 4, 2015

GST bill passage a matter of time, says Finance Minister Jaitley

Govt to make all efforts to pass the GST bill in the winter session of Parliament. Nov 4, 2015

Hillary Clinton proposes $12 an hour as minimum wage from current $7.25

Bernie Sanders, her chief challenger, wants it to be $15 from the current $7.25 Nov 4, 2015

PM Modi to launch 3 gold schemes, India gold coin on 5 November

Investors will be paid a fixed rate of interest of 2.75% per annum on gold bonds. Nov 4, 2015

Indian cotton exports to increase, Bangladesh replaces China as top buyer

Textile commissioner expects higher demand for cotton from Bangladesh, Pakistan and Vietnam. Nov 4, 2015

Mayor of London: Interview with UKIP candidate Peter Whittle

IBTimes UK sits down with the UKIP London Mayoral candidate Peter Whittle to discuss immigration, housing and the upcoming election. Nov 3, 2015

Square Inc to decide IPO price band this week, begin trading before Thanksgiving

Once Square goes up on the NYSE, Jack Dorsey would be the CEO of two public offering companies, worried investors said. Nov 3, 2015

Google plans to start drone delivery services in 2017

Wal-Mart and Amazon have also sought FAA approval for drone delivery services. Nov 3, 2015
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