Economy News

Asian Shares Bounce from 4-week low

Asian Shares Edge up, Euro Pressured

Asian shares inched up on Wednesday, while the euro wobbled close to five-week lows on heightened speculation of more European Central Bank stimulus next month. May 14, 2014
Sensex

Asia Sidesteps Ukraine Woes, Vote Hopes Spur Indian Stocks

Asian shares and the dollar rose on Tuesday as tensions in Ukraine were eclipsed by a strong night on Wall Street, with Indian equities rallying hard on hopes an election victory for the business-friendly opposition party would spur a revival in the region's third-biggest economy. May 13, 2014
Sensex

SEBI 'Keeping Close Watch' after Shares Surge - Source

The Securities and Exchange Board of India (SEBI) is keeping a close watch on markets after shares rallied to record highs on speculation that exit polls would show the opposition Bharatiya Janata Party and its allies winning a majority in the election, a senior official with direct knowledge of the matter told Reuters. May 13, 2014
Labourers carry EVMs at an election material distribution centre on the eve of the final phase of general election in Kolkata

New Government Set to Inherit Wobbly Economy

India is on the cusp of political change that is widely expected to infuse a new life into an economy that is struggling to break away from a tale of weak growth and high inflation. May 12, 2014
more-data-needed-to-be-confident-on-economic-pick-up-raghuram-rajan

RBI Chief Stresses his Independence from Government

The head of the Reserve Bank of India (RBI) said on Friday that he - and not the government - was responsible for setting monetary policy, asserting his independence in taking a hawkish stance on inflation amid an election hinging on how to revive economic growth. May 10, 2014

Jan 1, 1970

Jan 1, 1970
Manmohan Singh

PM Calls Upon Indian MSME Sector to Promote Exports

Indian Prime Minister Manmohan Singh on 1 March called upon the country's micro, small and medium enterprises (MSME) sector to promote exports by utilizing the globalization process unleashed by the government. Mar 1, 2014
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