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Charts: Q1 GDP growth slows to 7%; call for RBI rate cuts gets shriller

Sep 01, 2015 at 08:00 | Source: FirstPost

By Rajesh Pandathil and Kishor KadamIndia's economy grew 7 percent during the first quarter of the current financial year, slower than 7.5 percent in the previous quarter but faster than 6.7 percent in the year-ago quarter.The growth is lower than ex...

GDP growth slumps to 7% in Q1: 5 charts that explain the slowdown

Sep 01, 2015 at 07:22 | Source: FirstPost

By Rajesh Pandathil and Kishor KadamIndia's economy grew 7 percent during the first quarter of the current financial year, slower than 7.5 percent in the previous quarter but faster than 6.7 percent in the year-ago quarter.The growth is lower than ex...

GDP growth slumps to 7% in Q1: 5 graphics that explain the slowdown

Aug 31, 2015 at 20:15 | Source: FirstPost

By Rajesh Pandathil and Kishor KadamIndia's economy grew 7 percent during the first quarter of the current financial year, slower than 7.5 percent in the previous quarter but faster than 6.7 percent in the year-ago quarter.The growth is lower than ex...

Charts: At 7%, Q1 GDP throws up a negative surprise; RBI rate cuts imminent?

Aug 31, 2015 at 20:15 | Source: FirstPost

By Rajesh Pandathil and Kishor KadamIndia's economy grew 7 percent during the first quarter of the current financial year, slower than 7.5 percent in the previous quarter but faster than 6.7 percent in the year-ago quarter.The growth is lower than ex...

ONGC submits draft field development plan for KG discoveries

Aug 26, 2015 at 20:44 | Source: FirstPost

New Delhi: State-owned Oil and Natural Gas Corp. (ONGC) has submitted to oil regulator DGH a draft field development plan (FDP) for beginning oil and gas production from its KG-basin D5 block by 2018-19.ONGC board earlier this month approved submissi...

After aborted NSA talks, PM Modi's Saudi Arabia trip is the 'ultimate masterstroke'

Aug 26, 2015 at 15:46 | Source: FirstPost

Away from the hype of aborted India-Pakistan NSA level talk, Prime Minister Narendra Modis aides are quietly working on his visit to Saudi Arabia, the most influential Islamic country. Though the dates have not been finalised as yet but considering t...

Explosions at gas terminal rock Afghan city Herat - reports| Reuters

Aug 25, 2015 at 03:31 | Source: FirstPost

KABUL A series of loud explosions were felt across the western Afghan city of Herat late on Monday, media reports said, with photos posted online showing a large fire apparently at a natural gas terminal lighting the night sky.It was not immediately ...

ONGC submits revised development plan for Iran gas field| Reuters

Aug 25, 2015 at 00:15 | Source: FirstPost

NEW DELHI ONGC Videsh, the overseas investment arm of explorer Oil and Natural Gas Corp (ONGC.NS), this month submitted a revised proposal seeking the development rights of Iran's giant gas field Farzad B, its managing director said on Monday.A conso...

In thaw of Iran ties, Britain reopens ransacked embassy in Tehran| Reuters

Aug 23, 2015 at 15:45 | Source: FirstPost

TEHRAN Britain reopened its embassy in Tehran on Sunday nearly four years after protesters ransacked the ambassador's residence and burned the Union Jack.In a signal of the most striking thaw in Western ties with Iran for over a decade, Foreign Secre...

In thaw of Iran ties, Britain's Hammond to reopen ransacked embassy in Tehran| Reuters

Aug 23, 2015 at 10:15 | Source: FirstPost

KUWAIT In a signal of the most striking thaw in the Western ties with Iran for over a decade, Foreign Secretary Philip Hammond will reopen the British embassy in Tehran nearly four years since protesters ransacked the elegant ambassadorial residence ...

Just a Rs 1.25 lakh cr package: Quite clearly, the hoodwinking of Bihar continues

Aug 20, 2015 at 12:48 | Source: FirstPost

Mohan GuruswamyThe Prime Minister has announced an Rs 1.25 lakh crores package for Bihar. Just as he announced an Rs.100 lakh crores package for J&K on July 12. The first question one must ask is why just as much for J&K, the state with India...

Coal prices hit 12-year lows as demand from China, India down in the dumps

Aug 19, 2015 at 11:25 | Source: FirstPost

Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China which until recently have been pillars of strong demand.Benchmark API2 2016 coal futures last settled at $52.85 a tonn...

Japan July export growth slows as global demand shows signs of weakening| Reuters

Aug 19, 2015 at 06:45 | Source: FirstPost

TOKYO Japan's export growth slowed in July on reduced shipments of cars and electronics to Asia in a sign that the global demand outlook may be losing its lustre. The 7.6 percent annual increase in exports in July was bigger than the median estimate ...

Huge blasts at Chinese port kill 50, injure more than 700| Reuters

Aug 14, 2015 at 00:16 | Source: FirstPost

TIANJIN, China Two huge explosions tore through an industrial area where toxic chemicals and gas were stored in the northeast Chinese port city of Tianjin, killing at least 50 people, including at least a dozen fire fighters, officials and state medi...

ONGC Q1 net profits jumps 14% to Rs 5,460 cr on lower fuel subsidy

Aug 13, 2015 at 20:27 | Source: FirstPost

New Delhi: State-owned Oil and Natural Gas Corp. (ONGC) today reported over 14 percent jump in its June quarter net profit as its fuel subsidy outgo reduced and oil output rose.Net profit in April-June period at Rs 5,460 crore was up 14.2 percent fro...

Iran reassures India over development rights of gas field | Reuters

Aug 12, 2015 at 23:45 | Source: FirstPost

NEW DELHI Iran has said the development rights for its Farzad-B gas field will be available to Indian companies after concerns in New Delhi that cash-rich European firms could clinch the contract.A consortium headed by ONGC Videsh, the overseas inves...

Greece and lenders agree bailout, shares rally| Reuters

Aug 12, 2015 at 01:45 | Source: FirstPost

ATHENS Greece and its international lenders reached an 85 billion euro bailout agreement on Tuesday after nailing down the terms of new loans needed to save the country from financial ruin.The deal, which came after 23 hours of talks that continued t...

Greece and lenders agree bailout after all-night talks| Reuters

Aug 11, 2015 at 23:45 | Source: FirstPost

ATHENS Greece and its international lenders reached an 85 billion euro bailout agreement on Tuesday after nailing down the terms of new loans needed to save the country from financial ruin.The deal, which came after 23 hours of talks that continued t...

Greece, lenders clinch bailout deal after marathon talks| Reuters

Aug 11, 2015 at 23:30 | Source: FirstPost

ATHENS Greece and its international lenders reached a multi-billion euro bailout agreement on Tuesday after talking through the night, officials said, potentially saving the country from financial ruin.The agreement, reached after a 23-hour session o...

Tech leads Nasdaq, S&P 500; Disney sparks media selloff| Reuters

Aug 06, 2015 at 02:45 | Source: FirstPost

The S&P 500 and Nasdaq Composite rose on Wednesday following three days of losses as tech shares advanced, while the blue-chip Dow index ticked lower, weighed by Disney's largest daily drop in almost seven years.Gains in major tech companies Goog...

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