Economy News

Russia Could Scale Back on Oil Production Ahead of OPEC Meet

Russia mulls limiting its annual oil production to 525 million tons due to falling prices and western sanctions.

Nov 25, 2014

'To Cut or not to Cut' - All Eyes on OPEC as Oil Prices Tumble

As oil prices continue to tumble southwards, the world is awaiting a "supply cut" decision from the Organization of Petrol Exporting Countries (OPEC), which is poised to meet on Thursday in Vienna, Austria.

Nov 24, 2014

Box Office Collection: 'Kaththi' Earnings Drop; 'Vanmam', 'Naaigal Jaakirathai' Lead in Chennai

The theatre collections and occupancy of "Kaththi" has dropped in the fifth week of its release.

Nov 24, 2014

Black Friday 2014 Shopper's Guide; Find The Working Hours For The Stores Around You

Thanksgiving Turning into Black Friday? Why Stores are Unveiling Deals One Day Before Epic Sale

In a bid to ramp up sales and meet customer demand, several American retailers are expediting their deals meant to roll out on Black Friday, the great shopping event, to Thanksgiving Day.

Nov 24, 2014

How China's Clever Interest Rate Cut Gets Markets Excited; Will it Help the Economy?

The People's Bank of China (PBOC), the country's central bank, cut long term lending rates by 40 base points on Friday to buoy its faltering economy as a measure to avoid the hard market crash threatening the country. It also reduced its one-year deposit rate by 0.25 percent to 2.75 percent.

Nov 22, 2014

'Essential to Bring Back Inflation' – ECB Chief Expanding Bond-Buying Program

Mario Draghi, the head of the European Central Bank declared on Friday that they were committed to expanding their bond-buying program in order to stoke inflation and bring it back on track.

Nov 22, 2014

US Existing Home Sales Surge in October Crossing Year-Over-Year Gains

Existing home sales in the United States rose for the second consecutive month in October 2014, crossing year-over-year gains for the first time, according to The National Association of Realtors (NAR).

Nov 21, 2014

India to Invest $4 Billion in Power industry to Wipe Out Theft Problem

The Indian Power Ministry announced on Thursday that it will invest $4 billion (INR 25,300 crore) in the power industry to roll out a new metering system and upgrade power distribution networks around the country to help tackle the power theft issue.

Nov 21, 2014

Japan's Exports Improve in October; is 'Abenomics' Really Working?

Japan's exports index rose to the highest level in eight months in October after the economy slid into recession a three months ago

Nov 20, 2014

NAHB/Wells Fargo HMI and Single-Family Housing Starts Chart

US Homebuilder Confidence Improves as Property Market Gears up for More Buyers

US home builders' confidence rebound four points in November after falling for the first time last month, according to the National Association of Home Builders' latest Housing Market Index (HMI) as more the real estate market gears for more buyers.

Nov 19, 2014

China Home Prices Continue to Decline Despite Government Stimulus

Home prices across major cities in China, the second largest economy in the world, continued to decline despite the government's constant efforts to control the slowdown.

Nov 18, 2014

Behold! The Most Expensive Homes in the World (PHOTOS)

Investors usually bank their money on brick-and-mortar assets and that is perhaps why the luxury market never lost its gleam. In honor of the strength of the luxury property market, we present to you the most expensive homes of the world.

Nov 17, 2014

G20 Summit 2014: World Leaders Agree to Strengthen Global Infrastructure, Labor Force and Economy

The G20 Summit 2014 in Brisbane, Australia came to an end on Sunday after the world leaders agreed to make improvements on a slew of topics ranging across trade, health and climate change.

Nov 17, 2014

Rajinikanth's 'Lingaa' Will Surpass 'Enthiran' Records, Says 'I' Director Shankar

"Lingaa", which also has Anushka Shetty and Sonakshi Sinha is expected to hit the screens for Rajinikanth's birthday, on 12 December.

Nov 17, 2014

Japan Slips into Surprise Recession, Paves Way for Tax Delay, Snap Poll

The world's third-largest economy unexpectedly slipped into recession in the third quarter.

Nov 17, 2014

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Economy News

Russia Could Scale Back on Oil Production Ahead of OPEC Meet

'To Cut or not to Cut' - All Eyes on OPEC as Oil Prices Tumble

Box Office Collection: 'Kaththi' Earnings Drop; 'Vanmam', 'Naaigal Jaakirathai' Lead in Chennai

Thanksgiving Turning into Black Friday? Why Stores are Unveiling Deals One Day Before Epic Sale

How China's Clever Interest Rate Cut Gets Markets Excited; Will it Help the Economy?

'Essential to Bring Back Inflation' – ECB Chief Expanding Bond-Buying Program

US Existing Home Sales Surge in October Crossing Year-Over-Year Gains

India to Invest $4 Billion in Power industry to Wipe Out Theft Problem

Japan's Exports Improve in October; is 'Abenomics' Really Working?

US Homebuilder Confidence Improves as Property Market Gears up for More Buyers

China Home Prices Continue to Decline Despite Government Stimulus

Behold! The Most Expensive Homes in the World (PHOTOS)

G20 Summit 2014: World Leaders Agree to Strengthen Global Infrastructure, Labor Force and Economy

Rajinikanth's 'Lingaa' Will Surpass 'Enthiran' Records, Says 'I' Director Shankar

Japan Slips into Surprise Recession, Paves Way for Tax Delay, Snap Poll

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