Last Updated: Wednesday, September 9, 2015, 17:57
Financial market turbulence in China and software problems have prompted Deutsche Boerse to delay its planned Asian derivatives exchange and clearing house by about 18 months, three people familiar with the plans said on Wednesday.
Last Updated: Wednesday, September 9, 2015, 17:30
China has fended off the major risks to its financial system while its economic prospects remain positive, Premier Li Keqiang said on Wednesday, as he tried to reassure global markets that Beijing can keep its economy on track and stock markets in check.
Last Updated: Wednesday, September 9, 2015, 12:43
Opportunities emerging from low oil prices were discussed at a meeting called by Prime Minister Narendra Modi with business leaders, bankers and bureaucrats yesterday against the backdrop of global economic turmoil, he said.
Last Updated: Wednesday, September 9, 2015, 10:10
On similar lines, the NSE Nifty, reclaimed the 7,800-mark by soaring 125.80 points or 1.64 per cent to 7,814.05.
Last Updated: Tuesday, September 8, 2015, 23:38
The Finance Ministry Tuesday said "knee-jerk" reaction is not the answer to the current challenges being faced by India and assured that measures initiated by the government will boost growth.
Last Updated: Tuesday, September 8, 2015, 18:35
Describing India as transiently impacted by recent events in China, Finance Minister Arun Jaitley on Tuesday said the global situation instead presented an opportunity for the country as it is a net importer of commodities and oil is in free fall.
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.
Last Updated: Tuesday, September 8, 2015, 11:21
Prime Minister Narendra Modi on Tuesday chaired a high level meeting on global economic scenario with about 40 captains of industry and leading economists at his Race Course Road residence.
Last Updated: Tuesday, September 8, 2015, 09:54
The 30-share barometer recaptured the 25,000-level by rising 118.37 points or 0.47 per cent to 25,012.18 with realty, banking, metal, PSU and power sector stocks leading the recovery.
Last Updated: Tuesday, September 8, 2015, 09:05
The high-level consultative meeting on the agenda -- 'Recent Global Events: Opportunities for India', would also be attended by RBI Governor Raghuram Rajan and Niti Aayog Vice-Chairman Arvind Panagariya.
Last Updated: Tuesday, September 8, 2015, 08:21
Japan`s economy shrank an annualised 1.2 percent in April-June, revised GDP data showed on Tuesday, despite ongoing government and central bank measures to support growth.
Last Updated: Monday, September 7, 2015, 20:31
Prime Minister Narendra Modi will today meet business leaders including Reliance Industries head Mukesh Ambani, Tata Group Chairman Cyrus Mistry as well as bankers and economists to discuss global economic scenario.
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