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Eurozone unemployment, inflation fall: Eurostat

Eurozone unemployment, inflation fall: Eurostat

Last Updated: Thursday, July 31, 2014, 15:27

Eurozone unemployment and inflation data painted a mixed economic picture Thursday, with the jobless rate continuing to fall slowly while declining prices suggested consumer demand remains weak, clouding the outlook.

Gold price stays below $1,300, heads for 2.5% monthly drop

Gold price stays below $1,300, heads for 2.5% monthly drop

Last Updated: Thursday, July 31, 2014, 10:20

Gold is headed for a 2.5 percent drop for the month.

Fed leaves policy unchanged, further reduces bond purchase by $10 bn

Fed leaves policy unchanged, further reduces bond purchase by $10 bn

Last Updated: Thursday, July 31, 2014, 09:00

The Fed as expected reduced its monthly bond purchases by $10 billion, taking the program to $25 billion a month.

Eurozone economic confidence flat in July: EU

Eurozone economic confidence flat in July: EU

Last Updated: Wednesday, July 30, 2014, 17:59

The overall Economic Sentiment Indicator (ESI) for the 18-nation eurozone edged up 0.1 point to 102.2 points in July, the European Commission said.

Employment rises 34% to 12.7 cr in 8 years to 2013

Employment rises 34% to 12.7 cr in 8 years to 2013

Last Updated: Wednesday, July 30, 2014, 17:08

The number of employed persons in the country grew by 34.35 percent to 12.77 crore in eight years to 2013, according to the Sixth Economic Census.

'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.

Federal Reserve meets amid calls for tighter policy

Federal Reserve meets amid calls for tighter policy

Last Updated: Tuesday, July 29, 2014, 22:27

The US Federal Reserve began a two-day policy meeting Tuesday under rising pressure to step off its ultra-dovish stance to address rising inflation and worries of overheated markets.

EU hits Russia with economic sanctions

EU hits Russia with economic sanctions

Last Updated: Tuesday, July 29, 2014, 22:23

After months of hesitation, the EU finally agreed Tuesday to impose economic sanctions against Russia, hoping to make it change course in Ukraine as fighting intensified around cities held by pro-Moscow rebels.

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.

Wipro to expand operations in Visakhapatnam

Last Updated: Sunday, July 27, 2014, 18:44

IT major Wipro plans to expand its operations in coastal city of Visakhapatnam in Andhra Pradesh with an investment of Rs 500 crore.

Narendra Modi meets infra secretaries to set target for current fiscal

Last Updated: Saturday, July 26, 2014, 18:08

Aiming to spruce up growth, Prime Minister Narendra Modi on Saturday met secretaries of nine infrastructure ministries to set targets for 2014-15 and identify key projects in sectors like road, power and railways.

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.