US economy grew 3.7% in second quarter

Last Updated: Thursday, August 27, 2015, 18:31

The revised number for gross domestic product was initially reported at 2.3 percent.

Fall in crude prices responsible for dip in exports: Govt

Last Updated: Tuesday, August 25, 2015, 23:18

As merchandise shipments continue to fall since last December, a top official in Commerce Ministry today attributed the declines to sharp fall in fuel prices overseas, which led to a dip in petroleum product exports.

Focussed on mobility but no timeline to go app-only: Flipkart

Last Updated: Tuesday, August 25, 2015, 15:17

eCommerce major Flipkart on Tuesday said it is focused on developing products for mobile devices but has not decided on the timeline to go app-only.

Govt working on various fronts to push up exports: Comm Secy

Last Updated: Thursday, August 20, 2015, 19:31

Commerce Secretary Rita Teaotia said the ministry is focusing on exports sectors with a huge potential such as pharmaceuticals, ready-made garments, leather, gems and jewellery, chemicals and agro-chemicals.

Flipkart makes selling easy with 'F-1 Stop'

Last Updated: Thursday, August 20, 2015, 16:44

'F-1 Stop' will equip sellers with necessary information and procedures to kickstart and grow their business online.

WTO trade pact ratification on govt's table: Govt

Last Updated: Wednesday, August 19, 2015, 15:01

TFA seeks to simplify Customs procedures and rules, increase transparency and reduce transaction costs for traders.

China stocks extend slide amid warning of severe trade pressure

Last Updated: Wednesday, August 19, 2015, 11:11

Chinese stock markets tumbled for a second straight day on Wednesday as investors crowded the exits, fearing a government campaign to prop up share prices was faltering and unnerved by a steady stream of gloomy economic news.

Wal-Mart's drug problem: Pharmacy business drags on profit

Last Updated: Wednesday, August 19, 2015, 08:49

The company warned that the margin squeeze would continue for at least the remainder of the year.

Snapdeal raises $500 million from Alibaba, Foxconn and SoftBank

Last Updated: Wednesday, August 19, 2015, 08:36

Snapdeal, which bills itself as India`s version of Alibaba, did not break out individual investments. EBay Inc is selling part of its stake in a transaction which also involves fresh funding.

Jack Ma joins Alibaba's $4 billion shares buy-back

Last Updated: Monday, August 17, 2015, 23:08

Chinese e-commerce giant Alibaba's founder and chairman Jack Ma and vice chairman Joe Tsai today said they would use their own money to buy the company's shares as it began a two-year plan to buy-back shares worth USD 4 billion.

Jack Ma criticised for not helping Tianjin blast victims

Last Updated: Monday, August 17, 2015, 23:01

Jack Ma, one of China's richest men and the founder of e-commerce giant Aibaba, has come under immense pressure from netizens who criticised him for not donating money for the welfare of the victims of last week's Tianjin blasts that killed at least 114 people.