Topics: Economy

Japan worries about economy risk from Wuhan virus outbreak

Japanese Economy Minister Yasutoshi Nishimura on Tuesday warned that corporate profits and factory production might take a hit from the coronavirus outbreak in China...

Military Radar: Upgradation of Existing Systems and Equipment Will Ease the Growth Process

As the global military radar market size is expected to reach USD 19.56 billion by 2026, exhibiting a CAGR of 4.21% during the forecast...

Finance Ministry of India denies sharing details of Swiss Bank account holders

The Finance Ministry has declined to share Swiss bank accounts details of Indians saying it is covered under "confidentiality provisions" of a tax treaty...

"India's economy to be at 4.3% in Q4 2019", says Nomura

India's economy is expected to grow at 4.3 percent in December quarter this year amid concerns over crisis in the NBFC sector, according to...

China's consumer inflation at eight-year high

China's consumer inflation climbed to nearly eight-year peaks in November as pork prices doubled, but factory-gate prices remained in the red, adding to uncertainty...

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($239 billion) with fiscal spending of 13.2 trillion yen, aimed at preventing overseas...

India making sixth interest rate cut, still no cure for economy

Five interest rate cuts since the start of the year hasn't stopped India's economy from slowing to its weakest growth rate since 2013, but...

Indian Railways has generated Rs 139.20 crore from sale of platform tickets in 2018-19

Railways earned Rs 139.20 crore from the sale of platform tickets in 2018-19 and Rs 78.50 crore till September this fiscal, the ministry informed...

Sitaram Yechury: Narendra Modi Government must bring a white paper on the status of Indian economy

CPI(M) general secretary Sitaram Yechury on Wednesday demanded that the government bring out a white paper on the status of the economy referring to...

India’s forex reserves increase by $441 million to a new lifetime high of $448.2 billion

India's forex reserves rose by $441 million to a fresh lifetime high of $448.249 billion in the week to November 15 on an increase...

SBI report: Retail inflation may average at 4 percent in FY20

Surplus rainfall in August and September is likely to keep food and vegetable prices elevated going forward, and retail inflation may average at around...

Bank Of England keeps its interest rate at 0.75%, alters UK growth forecasts at 1.4% for 2019

The Bank of England (BoE) has left its main interest rate at 0.75 percent, it said on November 7 after a regular meeting and...

IMF Chief Kristalina Georgieva says, “Global debt surges record-high to $188 trillion”

The global debt load has surged to a new all-time record equivalent to more than double the world's economic output, IMF chief Kristalina Georgieva...

Congress General Secretary Priyanka Gandhi slams BJP govt on the state of the economy

Congress general secretary Priyanka Gandhi Vadra on Thursday attacked the BJP government over the state of the economy, saying those ruling the country are...

India, US optimistic about inking trade deal before year-end: Senior Indian Diplomat

India and the US are “quite optimistic” that they will ink a trade deal before the end of this year, a senior Indian diplomat...

Finance Minister Nirmala Sitharaman reviews the state of the economy at FSDC meeting

Finance Minister Nirmala Sitharaman on Thursday reviewed the state of the economy, including stress in the financial sector at the meeting of the Financial...

Piyush Goyal: RCEP against India’s economic interest

The RCEP agreement was against India's economic interest and national priorities, Commerce and Industry Minister Piyush Goyal said on November 4 as the country...

Rahul Gandhi hits on RCEP says, ‘Make in India’ has become ‘Buy from China’

Asserting that "Make in India" has become "Buy from China," Congress leader Rahul Gandhi on Monday hit out at the RCEP and alleged that...

RBI Deputy Governor Viral Acharya: Govt of India needs to undertake heavy disinvestment programme

The Indian government needs to reduce its reliance on bond markets and undertake a heavy disinvestment programme along with urgently implementing land, labour and...

US Job growth for October shows less than expected: Reports

US job growth slowed less than expected in October as the drag from a strike at General Motors was offset by gains elsewhere, while...

US, China seeks new site to sign tentative trade agreement, says President Donald Trump

President Donald Trump said that the US and China are working to secure a new site to sign a tentative trade truce and the...

Mohammad Barkindo says, “OPEC and its allies are committed to maintain oil market stability beyond 2020”

The Organization of the Petroleum Exporting Countries and its allies are committed to maintaining oil market stability beyond 2020, with physical supplies relatively tight...

Piyush Goyal says, Economic slowdown is in cyclic structure; Its right time to invest in India

Commerce and Industry Minister Piyush Goyal on October 15 said that the recent economic slowdown is a cyclic structural adjustment, and it is the...

Dharmendra Pradhan: India to see $118 billion investment in Oil and Gas sector in the next five years

India will see a massive investment of USD 118 billion in oil and gas exploration as well as in setting up of natural gas...

World Bank slashes India’s growth forecast to 6 percent, Warns “Severe” Slowdown

The World Bank on Sunday slashed its growth forecast for India's current fiscal year to 6 percent, down from 7.5 percent, warning that the...

COAI: No major gain for telecom industry from corporate tax rate cut

NEW DELHI: The government's move to lower corporate tax to 22 per cent is positive for the economy but there is no major benefit...

Donald Trump says, “China is a threat to world”

Expressing concern over China's growing military might, US President Donald Trump has said the Communist nation is a threat to the world and blamed...

Exxon Mobil, Royal Dutch Shell among groups to build five LNG terminals in Pakistan

Pakistan has approved the construction of five liquefied natural gas (LNG) terminals by groups that include Exxon Mobil Corp and Royal Dutch Shell, aiming...

Japan’s exports report 10% decline for August

Japan's exports likely contracted at the fastest pace in more than three years in August, a Reuters poll showed on September 13, indicating increasing...

Cash-strapped Pakistan to miss IMF’s Rs 75 billion tax refund condition

Cash-strapped Pakistan is set to miss the International Monetary Fund's condition to refund Rs 75 billion to taxpayers in the first quarter despite an...

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