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FIIs pull out Rs 5,300 crore from bonds in August

Last Updated: Sunday, August 17, 2014, 13:42

Overseas investors have pulled out nearly Rs 5,300 crore from the Indian debt market since the beginning of the month.

Mutual Funds buy shares worth Rs 5,000 crore in July

Last Updated: Sunday, August 17, 2014, 13:37

Improved market sentiment helped Mutual Funds pick up shares worth over Rs 5,000 crore in July, making it the highest monthly inflow in six-and-a-half years.

Britain`s economy `halfway` to recovery: bank chief

Last Updated: Sunday, August 17, 2014, 04:44

In an interview with The Sunday Times, Carney declared that the economy was now undergoing genuine expansion following the economic crisis of 2008.

India seeks Singapore investments in infrastructure projects

Last Updated: Saturday, August 16, 2014, 18:04

India on Saturday sought investments from Singapore in its infrastructure and connectivity projects along the ambitious Delhi-Mumbai and Chennai-Bangalore industrial corridors as well as in the North Eastern region.

Singapore to help India in smart cities project

Last Updated: Saturday, August 16, 2014, 16:16

Having allocated over Rs 7,000 crores in its recent budget for development of 100 'smart cities', India on Saturday roped in Singapore for providing its expertise in this even as the two countries decided to step up economic engagement besides defence and security cooperation.

Arun Jaitley for rationalising subsidies

Last Updated: Saturday, August 16, 2014, 16:15

Finance Minister Arun Jaitley on Saturday said the ballooning subsidy bill needs to be lowered by rationalising the dole-outs.

China's bad bank loans climbs to $112.84 billion

Last Updated: Saturday, August 16, 2014, 09:49

The non-performing loans for commercial banks in China climbed to USD 112.84 billion in the last four months, registering a increase of 1.08 percent, and sparking concerns a slow economy could weigh on banks.

Manufacturing leads US industrial output higher

Last Updated: Friday, August 15, 2014, 20:28

The July output increase was slightly stronger than analysts expected.

Canada unemployment falls to 7.0% in July

Last Updated: Friday, August 15, 2014, 19:17

Canada added 42,000 jobs in July, pushing the unemployment rate down a notch to 7.0 percent, according to revised numbers released by the government statistical agency Friday.

Japan not out of deflation yet: Minister

Last Updated: Friday, August 15, 2014, 17:13

Japan hasn`t emerged from years of deflation quite yet, the country`s economy minister said Friday, after a sales tax hike sparked a sharp decline in second-quarter growth.

Asian shares gain despite downbeat data

Last Updated: Friday, August 15, 2014, 15:19

Asian shares rose on Friday, tracking gains on Wall Street and in European markets despite downcast eurozone growth data and statistics showing a larger-than-expected rise in US jobless claims.

British economy grows 0.8% in second quarter: data

Last Updated: Friday, August 15, 2014, 14:55

Britain`s economy grew by 0.8 percent in the second quarter of 2014 compared with output in the first three months of the year, official data showed on Friday.