Oct 21, 2016 at 08:20 | Source: Reuters
There has long been deep scepticism about the accuracy of economic indicators in India, a country of 1.2 billion people of whom 90 percent are estimated to be part of the grey economy.
Oct 19, 2016 at 08:27 | Source: Reuters
Analysts polled by Reuters had predicted gross domestic product (GDP) data would show the world's second-largest economy was stabilizing, expanding at the same pace as in the first and second quarters and putting it on track to hit the government's full-year target.
Oct 14, 2016 at 13:54 | Source: Reuters
The deal helps Russia to deepen economic ties that stretch back to the Soviet era and is the single largest foreign investment in the Indian refining sector. It also comes as Russia is keen to reassert its role in global affairs and at a time when its own economy is stagnant, hit by Western sanctions and low oil prices.
Oct 05, 2016 at 14:50 | Source: PTI
Sentiment took a hit after gold fell below the USD 1,300 an ounce for the first time since June in the global market amid mounting concern that an improving US economy will prompt the Fed to raise rate soon, boosting the dollar and taking the sheen off the safe haven appeal of the metal, traders said.
Sep 29, 2016 at 12:52 | Source: CNBC-TV18
C Chokkalingam, Founder and MD of Equinomics Research said that their clients were advised to not apply for the IPO and it was stretched in terms of valuation.
Sep 28, 2016 at 22:24 | Source: Reuters
Fifty seven central banks have cut rates or pumped stimulus into their economies since January 1, 2015, to boost growth, raise inflation or both, highlighting the continued fragility of the global economy eight years after the financial crisis.
Sep 28, 2016 at 20:32 | Source: PTI
Christine Lagarde, the International Monetary Fund's managing director, said the current global recovery was still fragile following the Great Recession of 2008-2009 and that populist political currents rising in the developed world threatened to undo the progress made.
Sep 26, 2016 at 12:24 | Source: Reuters
While the BOJ would be mindful of the impact ultra-easy policy could have on banks' profits, that would not prevent it from expanding stimulus further if needed to revive Japan's economy.
Sep 23, 2016 at 10:34 | Source: PTI
Noting that India has managed to combat inflation, the Hudson Institute said the country has the potential to hit double-digit growth rates if it focuses on modernising infrastructure, improving basic amenities and reducing red-tapism.
Sep 21, 2016 at 11:05 | Source: Reuters
The Thomson Reuters/INSEAD Asian Business Sentiment Index , representing the six-month outlook at 118 firms, was 68 in the third quarter against 67 three months prior - marking the third consecutive quarterly gain from a four-year low in December. A reading over 50 indicates a positive view.