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China steps on the gas to spark economy, Aug fiscal spending jumps 26%

Last Updated: Tuesday, September 15, 2015, 10:55

China cranked up its fiscal spending by 26 percent in August from a year earlier as Beijing tries to re-energise flagging economic growth and convince reluctant local officials to spend.

Asian shares tread water as Fed meeting looms

Last Updated: Tuesday, September 15, 2015, 08:32

MSCI`s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, after Wall Street logged losses, with U.S. trading volume at its lowest in a month as markets awaited the Fed outcome.

Asian shares edge up, brush off soft China data

Last Updated: Monday, September 14, 2015, 09:34

US stock futures rose 0.4 percent from late US levels in early Asian trade while Japan`s Nikkei rose 0.4 percent. MSCI`s broadest index of Asia-Pacific shares outside Japan gained 0.3 percent.

IIP July output grows 4.2%; India Inc pitches for rate cut

Last Updated: Friday, September 11, 2015, 23:09

With industrial output growing at 4.2 percent in July, India Inc Friday said it indicates a revival in industrial activity and reiterated the demand for a rate cut by the RBI to provide a fillip to industrial growth.

IIP growth improves to 4.2% in July on strong manufacturing output

Last Updated: Friday, September 11, 2015, 22:28

Driven by good performance of manufacturing and capital goods sectors, industrial production rose by 4.2 percent in July against 0.9 percent growth a year ago.

Industrial output grows at 4.2% in July

Last Updated: Friday, September 11, 2015, 18:48

Industrial production expanded at a higher rate of 4.2 percent in July this year compared to the same month last year as manufacturing activity and offtake of capital goods improved.

Industrial production grows 4.2% in July

Last Updated: Friday, September 11, 2015, 17:59

On the back of a high output from the manufacturing sector, India's industrial production for the month of July accelerated to 4.2 percent from 3.8 percent in the month before.

Asian shares get lift from Wall St, dollar steadies

Last Updated: Friday, September 11, 2015, 09:11

Asian shares rose on Friday thanks to gains on Wall Street, while the dollar steadied after facing pressure from a rallying yuan and U.S. data that offered no clarity on whether the Federal Reserve might raise interest rates next week.

Samsung unveils "affordable" 4G handset with UDS

Last Updated: Thursday, September 10, 2015, 17:32

Samsung has unveiled its most affordable 4G handset at Rs 8,490 with new ultra data saving facility, keeping Indian customers in mind.

Gold price holds near four-week low as fund outflows, US data weigh

Last Updated: Thursday, September 10, 2015, 13:44

Gold languished near a four-week low on Thursday, retaining sharp overnight losses, as strong U.S. economic data and outflows from bullion-backed exchange traded funds sapped investor interest.

Domestic car sales up 6% in August, bikes down 9.59%

Last Updated: Thursday, September 10, 2015, 11:11

"We are on a slow and steady but not a very explosive growth path. This is the 10th consecutive month of increase in car sales," SIAM Director General Vishnu Mathur told reporters here.

Asian stocks slip as Japan machinery orders disappoint, add to global woes

Last Updated: Thursday, September 10, 2015, 08:10

Asian stocks fell on Thursday after US stocks retreated overnight and as Japan machinery orders unexpectedly shrank, deflating investors` appetite for riskier assets.