World stocks, dollar, oil extend gains after China cuts rates

Last Updated: Tuesday, August 25, 2015, 16:33

The pan-European FTSEurofirst 300 index rose 4.2 percent, recouping the bulk of the 5 percent-plus it lost the previous day.

Global markets selloff deepens on China worries

Last Updated: Tuesday, August 25, 2015, 03:50

World stock markets endured another bruising day Monday as a huge decline in Chinese equities sparked selling throughout Asia, Europe and the Americas, deepening a global stock slump.

China stock plunge hits world stocks, dollar; US stabilizes

Last Updated: Monday, August 24, 2015, 23:37

World stock markets plunged on Monday, after a near 9 percent dive in China shares and a sharp drop in the dollar and major commodities sent investors rushing for the exits.

AIIB negotiators endorse ex-Chinese FM as first president

Last Updated: Monday, August 24, 2015, 23:02

Former Chinese finance minister Jin Liqun has been unanimously endorsed as the official candidate for the AIIB president by the founding member nations, including India, taking another step forward in their bid to create a rival to the World Bank and IMF.

India's gold demand could hit 950 tonnes as prices fall: Valcambi

Last Updated: Saturday, August 22, 2015, 22:44

India`s gold demand might reach 950 tonnes this year as lower prices spur buying during the peak festival season and for weddings, the world`s biggest gold refiner, Valcambi, said.

Stocks post worst week in years on China fears

Last Updated: Saturday, August 22, 2015, 09:14

World stock markets tumbled on Friday and U.S. oil prices dove briefly below $40 a barrel sparked by fresh evidence of slowing growth in China, sending investors scurrying to the safety of bonds and gold.

Global stocks rout on investors' fears over world economy

Last Updated: Friday, August 21, 2015, 23:12

World stock markets were hammered with heavy losses on Friday, as China`s economic woes triggered European and Wall Street equity sell-offs and stirred up fears for global growth.

This sole India-based company is in Fortune's 'Change of the World' list

Last Updated: Friday, August 21, 2015, 16:02

India-based micro-irrigation firm Jain Irrigation Systems is the sole company from the country named in Fortune magazine's inaugural 'Change the World' list of companies making significant progress in addressing major social problems as a part of their core business strategy.

Mark Zuckerberg world's richest individual under 35

Last Updated: Thursday, August 20, 2015, 16:04

Zuckerberg is joined on the list by fellow Facebook co-founders Dustin Moskovitz.

Gas subsidy transfer scheme enters Guinness Book: Govt

Last Updated: Thursday, August 13, 2015, 21:30

The scheme entails giving households cash subsidy directly in their bank account so they can buy market priced cooking gas.

Emirates announces `world`s longest` flight to Panama

Last Updated: Thursday, August 13, 2015, 17:42

The carrier will fly daily to Panama`s capital in a passenger flight operated by a Boeing 777-200LR aircraft which can also carry up to 15 tonnes of cargo, Emirates said in a statement.

India's Q2 gold demand falls 25% to 154.5 tonnes: WGC

Last Updated: Thursday, August 13, 2015, 12:44

India's gold demand during April-June declined 25 percent to 154.5 tonnes due to unseasonal rains in the first quarter that damaged crops and the shrinking of wedding dates, according to the World Gold Council (WGC).