Global energy subsidies to hit $5.3 trillion this year: IMF

Last Updated: Tuesday, May 19, 2015, 11:01

The report estimated that this year's energy subsidies represent 6.5 percent of the global economy, likely exceeding government health spending across the world.

China April factory output grows 5.9%, misses forecasts

Last Updated: Wednesday, May 13, 2015, 11:42

Central bank cut interest rates early this week for the third time in six months to lower companies` borrowing costs and boost activity.

Credit conditions to strengthen with growth, reforms: Moody's

Last Updated: Monday, May 11, 2015, 15:30

Credit conditions are likely to improve for rated Indian corporates and infrastructure debt issuers.

Urbanising India best bet for Chinese steel

Last Updated: Tuesday, May 5, 2015, 11:00

Urban dwellers will double to more than 800 million by 2050, a scale of mass urbanisation only seen before in China.

Deutsche Bank sees 3.7 billion euros in restructuring costs

Last Updated: Monday, April 27, 2015, 11:16

The group said on Monday it would achieve cost savings targets of 3.5 billion euros, once the plan was implemented.

Agri MoS demands revamp of CACP to meet farmers' current needs

Last Updated: Sunday, April 26, 2015, 10:33

The purpose of the Commission for Agricultural Costs and Prices (CACP), which came into existence in January 1965, was to advise government on agriculture price policy and price structure to raise production and provide relief to consumers.

'Roaring labour costs in China may push investors to India'

Last Updated: Thursday, April 9, 2015, 19:40

As Prime Minister Narendra Modi embarks on a maiden official visit to Europe which aimed at wooing foreign investments, China's official media Thursday said "roaring labour costs" in stricter environmental regulations in the country may push investors to eye India.

Govt makes a pitch for open source software in IT tenders

Last Updated: Sunday, April 5, 2015, 12:23

With an aim to reduce project costs, the government has decided to give preference to open source software (OSS) over proprietary in e-governance procurements.

Toyota rolls out shared-parts strategy to chop costs

Last Updated: Thursday, March 26, 2015, 15:40

Toyota vehicles are currently built on more than a dozen platforms.

Fed opens door wider for rate hike but downgrades economic outlook

Last Updated: Thursday, March 19, 2015, 09:01

The Federal Reserve on Wednesday moved a step closer to hiking rates for the first time since 2006, but downgraded its economic growth and inflation projections, signalling it is in no rush to push borrowing costs to more normal levels.

Japan inflation slows for sixth straight month in January

Last Updated: Friday, February 27, 2015, 06:24

Japanese inflation slowed for a sixth straight month in January as fuel costs fell, government data showed Friday despite the Bank of Japan`s massive monetary easing to stoke growth.

Forex-rate changes, higher costs result in losses for AirAsia

Last Updated: Thursday, February 26, 2015, 19:06

Budget carrier AiraAsia reported a wider fourth-quarter net loss of 429 million ringgit ($120 million) on Thursday, blaming exchange-rate changes and finance costs related to aircraft purchases.