British deputy PM to meet PM Modi in trade trip

Britain`s deputy prime minister Nick Clegg begins a trade mission to India on Monday, where he will meet the country`s prime minister Narendra Modi in a bid to strengthen economic ties.

Puerto Ricans flock to US mainland as island crisis worsens

The island of Puerto Rico is depopulating, as residents stream to the US mainland fleeing the island`s economic crisis and political gridlock in search of jobs.

Spain`s Canary Islands fume over oil exploration

Spain`s government sparked an outcry Thursday by giving oil group Repsol the all-clear to explore for oil and gas off the coast of the tourism-dependent Canary Islands.

India, Egypt discuss ways to promote economic ties

India`s Ambassador to Egypt Navdeep Suri met Egyptian Prime Minister Ibrahim Mahlab and discussed bilateral relations, industrial cooperation and the measures to promote economic engagements.

How Google searches can warn about stock market crashes

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.

40,855 HIV positive cases in Manipur

The overall detection of HIV positive cases in Manipur rose from 25,919 in March 2007 to 40,855 in March 2012, indicating the serious magnitude in the state, according to a copy of the CAG report.

Mining is basic pillar of economy: Parrikar

In an oblique reference to judicial intervention in matters related to environment, Goa Chief Minister Manohar Parrikar Thursday said only governments should decide on the economic trajectory of the nation.

South Korea quietly intervenes on the won to bolster economy

33. Korea`s foreign exchange authorities have been engaged in a quiet war in recent months to hold down the won, throwing more firepower at it than for years in a bid to support exports and help keep the economy on its fragile recovery track.

More tax concessions when economy improves: Finance Minister

Finance Minister Arun Jaitley today promised more concessions in income tax when the economy improves.

Bringing economy back on track will take some time: Rajnath Singh

Terming the condition of Indian economy as "serious", Union Home Minister Rajnath Singh on Saturday said though the new government is working to bring the situation back on track, it will take some time to do so.

Greece says EU presidency proves it is `normal`

Greece on Monday wrapped up its leadership of the rotating EU presidency by claiming the six-month stint had proved it was a "normal country" capable of managing its finances.

Protesters block railway tracks, burn PM effigy to protest rail fare hike

Congress and Samajwadi Party workers on Saturday blocked railway tracks and burnt effigies of Narendra Modi and Railway Minister Sadanand Gowda while protesting against the "steep" hike in rail fares announced by the government in its first tough steps to revive the economy.

World Cup to generate one million jobs in Brazil

The FIFA World Cup which is taking place in 12 Brazilian cities will generate one million jobs in the country.

PM Narendra Modi warns of ‘bitter medicine’ for ailing Indian economy

Hitting hard the previous UPA government for pushing the Indian economy into shambles, Prime Minister Narendra Modi on Saturday warned of taking some bold decisions, ahead of the commencement of Budget Session of Parliament, to improve country`s economy adding that it may not go down well with some sections.

Crack down on Chinese currency manipulation: Senators to Obama

Ahead of the US-China Strategic and Economic Dialogue, two top American Senators have asked President Barack Obama to take immediate and necessary actions to crack down on currency manipulation.
In order to protect American jobs and ensure the competitiveness of US manufacturers, Senators Sherrod Brown and Jeff Sessions called for the Administration to support the Currency Exchange Rate Oversight Reform Act.

Jaitley underlines need to lower cost of business to up growth

To revive the investment cycle and boost growth, Finance Minister Arun Jaitley today underlined the need to reduce the cost of doing business and improve the country`s business climate.

Skill development to be given priority, says Jaitley

Finance Minister Arun Jaitley today said the government will stress on skill development so that a trained workforce can galvanise the economy, even as trade unions urged him not allow FDI in defence, railways and retail.

Industry, service sectors to drive Telangana`s economy

Telangana recorded a GSDP (State Gross Domestic Product) of Rs 3,35,018 crore for the year 2012-13, driven by industry and services sectors.

Arun Jaitley underlines need to contain inflation, boost growth

Attributing the present economic woes to a "decade of jobless growth", Finance Minister Arun Jaitley today underlined the need to contain price rise and hasten economic reforms to boost low-cost manufacturing.

Stumbling Thai economy lends urgency to junta`s revival efforts

Thailand is expected to publish data on Friday showing stagnant consumption and investment, more evidence of a stumbling economy that will lend urgency to the military junta`s efforts to get the country working again.

PM Narendra Modi sets 100-day action plan, lists priorities for ministers

Prime Minister Narendra Modi, who addressed his second Cabinet meet on Thursday, has issued guidelines and priorities to all his ministers and has set the agenda for the newly formed NDA government.

Afghan economy falters as NATO mission ends

Afghanistan`s aid-dependent economy is slowing markedly as NATO troops withdraw, the International Monetary Fund (IMF) said Wednesday, warning that violence, political instability and lack of reform threaten future growth.

Sisi`s greatest task will be rebuilding Egypt economy

Egypt`s former military chief Abdel Fattah al-Sisi is expected to romp home in this month`s presidential election, but his challenge will be fighting poverty and rebuilding the shattered economy.

World Bank approves $12 billion loan for cash-strapped Pakistan

The World Bank has approved a $12 billion loan for cash-strapped Pakistan that will be disbursed over five years, the country`s finance ministry and the global lender said on Friday.

Singapore always keen to strengthen ties with India: Speaker

Singapore has always been keen to strengthen ties with India, country`s Parliament speaker Halimah Yacob has said, urging the city state-based businesses to further develop trade relations with the emerging economy.

Economy to be top priority: Rajnath Singh

BJP president Rajnath Singh Monday said once voted to power, bringing back the economy on track would be the top priority of the NDA government under Narendra Modi.

Congress, BJP spar over economy

BJP Wednesday criticised government`s handling of the economy saying UPA had "squandered" the chance to take advantage of high growth rate left by NDA in 2004, a charge refuted by Congress which claimed its record was better on several parameters.

Economy has deteriorated in last 5 years: Zee-Taleem Poll Survey

In a pre-poll survey that Zee Media Corp commissioned through Taleem Research Foundation, it was found that people are unhappy with the state of the economy.

India calls for BIMSTEC cooperation in security, economy

Seeking to transform BIMSTEC grouping into a "vibrant regional entity", India called for greater cooperation in key areas such as security, energy, economy, connectivity and people-to-people contact.

Narendra Modi hits back at Chidambaram on postage stamp barb

Hitting back at Finance Minister P Chidambaram for his postage stamp barb, Gujarat Chief Minister Narendra Modi on Thursday said he can enlist knowledgeable people to help him govern based on the principle of being a "trustee."