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Malls empty in Venezuela as economic woes bite

Last Updated: Saturday, April 19, 2014, 02:31

Venezuelans, already struggling to find basics like milk and toilet paper at the supermarket, are now confronted with empty appliance store windows and clothes racks at shopping centers.

Italy Cabinet moves to trim perks, help low earners

Last Updated: Saturday, April 19, 2014, 02:30

Italian Prime Minister Matteo Renzi on Friday hailed a "structural revolution" after his cabinet approved a round of tax and spending cuts including a limit of five chauffeured cars per government ministry.

PMO cites growth data to insist Manmohan Singh was not weak

Last Updated: Friday, April 18, 2014, 16:45

Pankaj Pachauri countered the damaging claims made by a former Media Adviser.

PMO says GDP has grown three times during UPA rule

PMO says GDP has grown three times during UPA rule

Last Updated: Friday, April 18, 2014, 14:34

On GDP growth, Pachauri said, "GDP has grown three times in the last 10 years. Minimum wages have also gone up three times. This shows the government is working continuously."

Chidambaram did encounter of Indian economy: Modi retorts

Last Updated: Friday, April 18, 2014, 00:08

The war of words between Union Finance Minister P Chidambaram and BJP`s Prime Ministerial candidate Narendra Modi on Thursday escalated as the Gujarat Chief Minister today accused the former of "doing encounter of the Indian economy".

Index tracking India improves marginally

Index tracking India improves marginally

Last Updated: Thursday, April 17, 2014, 22:57

An index compiled by a global research association that measures economic activity in India increased marginally in March on the back of sharp gains in stock prices and a more competitive exchange rate.

China economy slowing down but still posts 'highest' growth

China economy slowing down but still posts 'highest' growth

Last Updated: Thursday, April 17, 2014, 19:47

Allaying concerns over the slowing down of the world's second largest economy, China today said its 7.4 percent GDP growth rate in the first quarter is still "the highest" in the world and that it contributed to 30 percent of global growth.

IMF bullish on India's growth story

IMF bullish on India's growth story

Last Updated: Thursday, April 17, 2014, 19:02

Sounding bullish about India, International Monetary Fund (IMF) expects country's economic growth to move up to 5.5 percent in the current fiscal and 6.25 percent in the next fiscal.

Jan-March FDI in China up 5.5%: Govt

Jan-March FDI in China up 5.5%: Govt

Last Updated: Thursday, April 17, 2014, 12:16

Foreign direct investment totalled USD 31.55 billion in the March quarter.

Gold price hovers below Rs 28,500 level in futures trade

Last Updated: Wednesday, April 16, 2014, 11:14

Gold futures fell by 0.33 percent to Rs 28,480 per 10 grams Wednesday as participants indulged in reducing exposures, largely in tandem with a global trend.

China's GDP grows at 7.4%, its slowest in 18 months

Last Updated: Wednesday, April 16, 2014, 09:51

China's GDP grew at its slowest pace in 18 months with 7.4 percent growth in the first quarter of 2014, signalling a slowdown despite reforms and restructuring to revitalise the world's second largest economy.

India's services exports in Feb at $13.16 billion

Last Updated: Tuesday, April 15, 2014, 22:08

India's services exports in February stood at USD 13.16 billion, slightly lower than a month earlier.