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Economy News

Black money

PM Modi Wants RBI to Use Indian Paper, Ink to Print Currency Notes

He brought out a strange irony: Mahatma Gandhi fought for swadeshi, but his photo appears on currency printed on imported paper. Apr 2, 2015
Indian Economy

India Slips to 119 on Global Business Resilience Index

The country was ranked at 112 in 2014. Norway retains its top position, while Venezuela is at the bottom at 130. Apr 2, 2015
nigeria-muhmmadu-buhari-thanks-incumbent-for-peaceful-transition

Falling Crude Oil Prices Pose Challenge to Nigeria's New President Muhammadu Buhari

Crude oil accounts for 95 percent of the country's total exports, 80 percent of revenues and 14 percent of gross domestic product (GDP). Apr 1, 2015
money-talks-shop-till-you-drop-with-debenhams-and-superdry

Money Talks: Shop till you drop with Debenhams and SuperDry

A combination of rising employment, rising wages and lower petrol prices are driving greater consumer activity. Mar 31, 2015
china-looks-to-cure-economic-malaise

Will Foreign Investors Pull Out From India to Invest in China?

As the Indian stock market lags behind other emerging markets, particularly China, there is a feeling that money could fly out of the country to lucrative markets. Mar 31, 2015
Crude Oil

Crude Oil Prices Could Fall into $40-50 Range Again: Barclays

Already reeling from excess supply, crude oil prices may fall further if sanctions on Iran are eased, since supplies from Iran would double the surplus, currently estimated at 1.2 million barrels a day. Mar 30, 2015
RBI

Long Bank Holidays to Disrupt Financial Transaction, Salaries, Says Assocham; Seeks Help From RBI

The banks will remain open for just two days between 28 March and 5 April. Mar 29, 2015
Sand Sculpture of One Rupee Coin

Weak Dollar Boosts India's Forex Reserves to Hit Record High

India's foreign exchange reserves shot up to an all-time high of $340 billion for the week ending March 20, the Reserve Bank of India (RBI) said on Saturday. Mar 28, 2015
london-launches-europes-first-yuan-money-market-fund

London launches Europes first yuan money market fund

London launches Europes first yuan money market fund Mar 26, 2015
political-times-26-march

Political Times: End of the road for Clarkson, Camerons VAT blow and Lord Brian May?

Senior politics reporter Ian Silvera rounds ups the week in Westminster. Mar 26, 2015
uk-housing-minister-there-is-no-silver-bullet-to-fix-the-homes-crisis

UK housing minister: There is no silver bullet to fix the homes crisis

Brandon Lewis, housing and planning minister, says building more homes down to local councils. Mar 26, 2015
China shoe factory strike

China's 2015 Growth Target Difficult to Achieve, Say Analysts

China's economy appears to be slowing further as a private survey on Tuesday showed that manufacturing output contracted again in March, increasing the risks for the government to achieve its growth target of 7 percent this year. Mar 24, 2015
Arun Jaitley and Raghuram Rajan at the Indira Gandhi Institute of Development Research

India to Grow Faster than China in 2015-16, Says Asian Development Bank

The Asian Development Bank (ADB) estimates India's growth rate at 7.8 percent, higher than China's 7.2 percent, in 2015-16. Mar 24, 2015
Qatari Emir Tamim Bin Hamad Al Thani

India to Focus on Investments During Qatari Emir Tamim bin Hamad Al Thani's Visit

Investments in major infrastructure projects and 'Make in India' will be the main points of discussion. Mar 24, 2015
greece-ecbs-mario-draghi-gives-guarded-support

Greece: ECB’s Mario Draghi gives guarded support

The head of the European Central Bank expressed cautious optimism for Greece. Mar 24, 2015
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