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Gold price firms after two-day loss as weak data hurts stocks

Last Updated: Thursday, February 20, 2014, 17:50

Spot gold was up 0.2 percent at USD 1,313.09 an ounce. It hit its highest since October 31 this week at USD 1,332.10, before traders cashed in gains.

Growth to slip to 4.8% in FY'14; to improve next year: Crisil

Last Updated: Wednesday, January 22, 2014, 17:12

India's growth rate in the current fiscal is expected to slide to 4.8 percent and the prospects for 2014-15, which currently appear to be bright, hinge on the stability of the new government.

Investors fear global economic recovery could falter: BofA

Last Updated: Friday, October 18, 2013, 14:04

According to the BofA Merrill Lynch fund manager survey for October, investors are concerned that global economic recovery could falter, while emerging market confidence have started to rebuild.

Global economy to face rough time for 2 yrs: Basu

Last Updated: Saturday, December 15, 2012, 21:19

Basu said some countries have done well in investing in infrastructure which India failed to do.

No differences with BRICS on Iranian oil import: US

Last Updated: Friday, March 30, 2012, 09:38

The efforts of BRICS nations to engage in global multilateral institutions will help in strengthening the "international system", the US has said.

Global recovery prospects improved, risks remain: IMF

Last Updated: Tuesday, March 27, 2012, 14:20

International Monetary Fund Deputy Managing Director Naoyuki Shinohara said Tuesday the prospects for a global economic recovery have improved, but risks remain due largely to uncertainty over the situation in Europe.

Worry about Chinese demand drives US stocks lower

Last Updated: Wednesday, March 21, 2012, 09:23

US stocks closed lower Tuesday for only the second time in two weeks after two reports suggested an economic slowdown in China, where blistering growth over the past three years has helped sustain the global economic recovery.