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US GDP growth rebounds to 4.0% in 2nd quarter

US GDP growth rebounds to 4.0% in 2nd quarter

Last Updated: Wednesday, July 30, 2014, 18:49

Private investment soared 17.0 percent in the second quarter, after shrinking 6.9 percent in the previous period. Investment was strong in both equipment and homes.

'Economy can grow by 6.5% in 2014-15'

'Economy can grow by 6.5% in 2014-15'

Last Updated: Wednesday, July 30, 2014, 15:46

Allaying fears of adverse impact of deficient monsoon on the economy, National Statistical Commission Chairman Pronob Sen on Wednesday said the country's growth can be as high as 6.5 percent in the current fiscal.

US economy seen regaining muscle in second quarter

US economy seen regaining muscle in second quarter

Last Updated: Wednesday, July 30, 2014, 11:20

Gross domestic product likely grew at a 3.0 percent annual rate after shrinking at a 2.9 percent pace in the first quarter, according to a Reuters survey of economists.

How Google searches can warn about stock market crashes

How Google searches can warn about stock market crashes

Last Updated: Tuesday, July 29, 2014, 14:58

A new research has come up with a method that automatically identifies the warning signs on search data on Google before subsequent stock market crashes.

China brands beat global rivals with tea toothpaste, pickled plums

China brands beat global rivals with tea toothpaste, pickled plums

Last Updated: Tuesday, July 29, 2014, 10:22

The Coca-Cola Co, Procter & Gamble Co and Colgate-Palmolive Co are being forced to adapt as the challenge posed by local firms intensifies in a slowing economy.

Asian stocks reach three-year peak, China holds gains

Asian stocks reach three-year peak, China holds gains

Last Updated: Tuesday, July 29, 2014, 09:29

Hong Kong`s key stock index inched to its loftiest level in over 3-1/2 years on optimism that the world`s second-largest economy has turned a corner and as investors wagered on more growth-friendly policies from Beijing.

EU, US to impose new Russia sanctions: White House

Last Updated: Tuesday, July 29, 2014, 01:38

The White House says it expects the European Union to impose new sanctions this week against Russia, including against key sectors of the Russian economy, and that the United States will implement additional measures as well.

Oil prices drift lower in Asia

Last Updated: Monday, July 28, 2014, 13:04

Investors are also looking to a US Federal Reserve policy meeting this week for a snapshot on the state of the world`s number one economy.

Jaitley to address RBI board on August 9

Last Updated: Sunday, July 27, 2014, 13:25

It has been a custom that the Finance Minister addresses RBI board, consisting of RBI Governor and existing three deputy governors, after the Budget.

Tremendous mood swing, positivity on Modi govt: Indian CEOs

Last Updated: Saturday, July 26, 2014, 12:55

There is a tremendous mood swing and positivity in the country, a visiting delegation of Indian CEOs from CII said describing its maiden budget as visionary.

French jobless at new record in June

Last Updated: Friday, July 25, 2014, 23:17

The number of registered unemployed in France rose by 9,400 in June to a new record of 3.398 million, the labour ministry said on Friday.

India avoids growth downgrade by IMF

Last Updated: Friday, July 25, 2014, 20:38

India is the only country in the BRICS grouping that has avoided a growth downgrade by IMF as it retained the country's economic expansion forecast at 5.4 percent for the current fiscal.