Finance

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

Kotak Mahindra Buying ING Vysya for $2.4 Billion All-Stock Deal

Kotak Mahindra Bank Ltd., the fourth-largest private bank in India, announced on Thursday that it has struck a deal to acquire ING Vysya bank for an all-stock deal worth $2.4 billion.

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

How Home Depot's Latest Earnings Report Confused the World

The Home Depot announced its third quarter earnings report for the financial year of 2014 on Wednesday and it had quite a few journalists and investors confused.

Nov 19, 2014

arun-jaitley-slams-congress-for-allegations-on-cabinet-expansion

Kisan Vikas Patra Relaunched to Wean Poor off Ponzi Schemes

KVPs would help poor gullible investors channelise their savings in trusted government scheme.

Nov 18, 2014

Allergan and Actavis Agree to $66 Billion Acquisition Deal; Valeant Loses Hostile Bid

Allergan Inc., the famous Botox-maker, announced on Monday that it has agreed to a $66 billion take-over bid from Actavis Plc, the global pharmaceutical firm, beating Valeant Pharmaceutical's hostile efforts to acquire the wrinkle-treatment manufacturer.

Nov 18, 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

Bill Gates Invests in Venture-Capital Seed Fund in India, Supports Innovation

Bill Gates, the billionaire founder of Microsoft, has pledged an investment in the Unitus Seed Fund – an impact fund that focuses on social, economic and technological development in India.

Nov 17, 2014

Kochi Muziris Biennale 2014: Shashi Tharoor, Ashiq Abu Ask Followers to Help Raise Rs. 15 Crore [VIDEO]

India's biggest contemporary art event, Kochi Muziris Biennale, has launched an online crowd-funding drive to engage the public

Nov 16, 2014

G20 Summit 2014: What you need to Know and What You Need to See (PHOTOS)

Leaders from the Group of 20 member countries and other nations have arrived at the Australian city of Brisbane for the G20 Summit. The two-day summit, which begun today will mark the ninth global leaders meeting.

Nov 15, 2014

Eurozone Inflation and Growth to Remain Low: ECB Survey

A recent survey of professional forecasters by the European Central Bank showed that inflation and growth in the region will remain low for the year due to oil prices slowdown and the sluggish economic recovery in the Eurozone.

Nov 14, 2014

SBI Q2 Profit Rises 30.5% to ₹3,100 Crore, Lags Estimates

Signs of revival in economic indicators have made banks optimistic.

Nov 14, 2014

Smart Deal: Warren Buffett Swaps Stake in P&G for Duracell Unit

Warren Buffett's firm Berkshire Hathaway has agreed to swap $4.7 billion worth of shares in Proctor & Gamble, the multinational consumer goods conglomerate, to take over its profitable battery unit – Duracell.

Nov 14, 2014

US Luxury Home Sales Surge as Wealthy Investors Cash in on Property

Sales of multi-million dollar homes have surged across the US wealthy investors hope on cashing in on the bullish upscale property market of the country.

Nov 14, 2014