PM Modi seeks to capitalise on China's market woes

Last Updated: Tuesday, September 8, 2015, 18:07

Modi reportedly urged business leaders including Reliance Industries owner Mukesh Ambani -- India`s wealthiest man -- to take greater risks and scale up investments as concerns over China`s economy grow.

European stocks rally on eurozone data, Shanghai gains

Last Updated: Tuesday, September 8, 2015, 17:40

Europe`s main stock markets rallied Tuesday on upwardly revised eurozone economic growth data and gains in Shanghai, dealers said.

UBS cuts India's growth forecast to 7.1% for FY16

Last Updated: Tuesday, September 8, 2015, 16:13

Swiss brokerage UBS has revised downwards India's GDP growth projection for the current fiscal to 7.1 percent, from 7.5 percent earlier, on account of weaker external demand prospects.

PM Modi asks industry to risk and invest more; promises to improve ease of doing business

Last Updated: Tuesday, September 8, 2015, 14:02

Several industry leaders meanwhile pitched for interest rate cut saying it would help them take risks and scale up investments.

PM Modi asks India Inc if China's pain can be India's gain

Last Updated: Tuesday, September 8, 2015, 13:29

The International Monetary Fund considers India`s economy a rare bright spot among emerging markets and Modi sees a chance to attract more foreign investment as money flows out of China.

China slowdown may have an impact on India: Chinese think tank

Last Updated: Tuesday, September 8, 2015, 13:23

Titled 'Can India benefit from Chinese economic slowdown? Think twice,' the article said the success of the Indian economy is more linked to internal factors.

Sweet promises not enough for women: Christine Lagarde

Last Updated: Sunday, September 6, 2015, 14:57

Lagarde said even IMF did not exactly have any major focus on women-related issues earlier but it had to study it after it understood the importance.

G20 launches W20 grouping for gender inclusive economic growth

Last Updated: Sunday, September 6, 2015, 13:25

The W20 group -- having 20 women leaders from G20 nations -- would host its first summit next month in Istanbul after all member countries appoint their nominees.

Congress should allow GST passage for accelerating growth: Naidu

Last Updated: Saturday, September 5, 2015, 20:38

Racing against time to ensure passage of GST Bill in Parliament, government on Saturday said it wants an extended Monoson session so that the Constitutional amendment bill can be approved and appealed to Congress to support the key reform to accelerate the country's growth.

US asks China to fast-track reforms, refrain from devaluation

Last Updated: Saturday, September 5, 2015, 12:53

As the world leaders expressed concern here over slowdown in China dragging down the global economic growth, the US Treasury Secretary Jacob Lew has told his Chinese counterpart to ensure that the currency is allowed to move freely as per market forces.

Global volatility to benefit India in medium term: Edelweiss

Last Updated: Friday, September 4, 2015, 19:24

The present global volatility will benefit India in the medium to long term and the country's macro-economic parameters are very strong, financial services firm Edelweiss group chairman and CEO Rashesh Shah said Friday.

India's 2015-16 GDP growth still seen at around 8%: Subramanian

Last Updated: Wednesday, September 2, 2015, 14:11

The Indian economy is still expected to grow around 8 percent in the fiscal year to March 2016, said the chief economic adviser at the finance ministry on Tuesday.