Economy News

Will and Kates Royal baby boom set for UK economy

The Duke and Duchess of Cambridge are expecting the birth of their second child any day now. The birth of a brother or sister for Prince George will of course delight the royal family and the nation, but the safe arrival of the new baby will also give a boost to the UK economy.

Apr 17, 2015

Crude Oil's 10% Rally This Week is Not Justified: Commerzbank

Brent crude oil prices increased to $65 per barrel on Friday, its highest level in more than four months.

Apr 17, 2015

Moody's Less Optimistic on India's GDP Growth

Moody's Analytics forecasts India to grow by 7.3% in the current fiscal year.

Apr 17, 2015

El Nino Threatens to Parch India, Hit Agriculture; Food Prices may Rise

Changes of El Nino conditions appear to be materialising this year. This could result in increase in food prices in the short-term, says Nomura Holdings

Apr 17, 2015

petrol-price-cut-by-rs-2-42-per-litre-and-diesel-by-rs-2-25-a-litre

Will Petrol, Diesel Price Cuts be Reversed?

Current scenario in the global crude oil markets remain different, with Brent crude oil price trading at $63 per barrel, the highest price level this year.

Apr 16, 2015

IMF: Currency shifts support global economic growth

Recent shifts in exchange rates should help the global economy, boosting Japan and Europe in particular, amid increasing divergence in the growth paths of the worlds major economies, the International Monetary Fund said on 14 April.

Apr 15, 2015

China's GDP Growth Slows to 6-year Low Despite Stimulus Measures

China's Q1 GDP expanded at the slowest since the first quarter of 2009, when the growth plummeted to 6.6 percent amid the global financial crisis

Apr 15, 2015

The future of air travel in the Middle East - Chance and challenge

There’s little doubt that the Middle East is rapidly becoming one of the world’s fastest growing aviation hubs. With an ever increasing global population, the region is continuing to grow as more and more people pass through to live, work or visit.

Apr 14, 2015

David Cameron promises triple whopper in Tory worker manifesto for buccaneering Britain

David Cameron has attempted to paint the Tories as the real party of working people as he launched his general election manifesto with three new big pledges.

Apr 14, 2015

Money Talks: Shells bumper BG deal could start wave of oil and gas takeovers

Has a rush to buy up oil and gas companies just started?

Apr 14, 2015

World Bank President Jim Young Kim and India's Prime Minister Narendra Modi

Led by India, South Asia Growing Fastest in the World: World Bank

A shift in growth pattern, from consumption-led to investment-led, could see India clocking high growth in 2016 & 2017, says World Bank.

Apr 14, 2015

India Tops Global Remittances List With $70 Billion

The country has topped the list for the second time.

Apr 14, 2015

soaring-food-prices-drive-indias-inflation-to-a-six-month-high

CPI Inflation Likely to Go Up in March Due to High Food Prices: Economists

Domestic consumer inflation likely rose further in March, economists say.

Apr 13, 2015

Government's Aim to Double Exports by 2020 Looks 'Unrealistic': Report

The government's ambitious plan to almost double exports by 2020 from the current level is good, but the target looks 'unrealistic', says Capital Economics.

Apr 10, 2015

RBI May Cut Key Repo Rate Thrice By April 2016, Says Bank of America

Although the RBI kept policy rates unchanged at this week's monetary policy review meeting, the bank is expected to cut repo rate thrice by April 2016, says the bank.

Apr 10, 2015