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Decline in exports "pulled down" GDP growth by 3%: FIEO

Last Updated: Thursday, September 3, 2015, 18:28

Exporters body FIEO on Thursday said the decline in outbound shipments has "pulled down" India's GDP growth in the April-June quarter by over 3 percent.

Assocham advises central trade unions to call off strike

Last Updated: Thursday, September 3, 2015, 13:16

The apex body Assocham estimated a hefty loss of about 25,000 crore due to the ongoing strike by the central trade unions.

Oil dips in Asia after mixed US report

Last Updated: Thursday, September 3, 2015, 10:09

US benchmark West Texas Intermediate for October delivery fell 45 cents to USD 45.80 while Brent crude for October slipped 38 cents to USD 50.12 in late-morning trade.

Strike had only a marginal impact: FM Jaitley

Last Updated: Wednesday, September 2, 2015, 23:33

Finance Minister Arun Jaitley on Wednesday said the day-long nationwide strike called by central trade unions only had a "marginal or inconsequential impact".

'One-day strike cost Rs 25,000 crore to economy'

Last Updated: Wednesday, September 2, 2015, 19:57

As a nationwide strike of trade unions hit banking and other services Wednesday, business chambers today pegged the loss to the economy at a staggering Rs 25,000 crore and said such "disruptive" actions can hit India's image as an attractive business destination.

Bharat Bandh: Strike affects clearing business at banks

Last Updated: Wednesday, September 2, 2015, 12:44

Normal working at banks was affected on Wednesday due to a nationwide strike called by 10 central trade unions, although the staff of SBI, IOB, ICICI Bank, HDFC Bank and Axis Bank stayed away from the agitation.

Reasons behind Sept 2 Bharat Bandh

Last Updated: Tuesday, September 1, 2015, 17:14

Essential services are likely to be impacted tomorrow with 10 central trade unions going ahead with one-day nationwide strike to protest against changes in labour laws.

Oil prices dip in Asia after huge rally

Last Updated: Monday, August 31, 2015, 11:05

US benchmark West Texas Intermediate for October delivery eased 79 cents to USD 44.43 while Brent crude for October fell USD 1.00 to USD 49.05 in late-morning trade.

US International Trade Commission clears Microsoft of patent infringement

Last Updated: Saturday, August 29, 2015, 03:31

Microsoft Corp avoided a potentially costly setback to its financially-troubled mobile phone business on Friday as the US International Trade Commission declined to block the import of its devices in a longstanding patent dispute.

5 CIL trade unions to support Sept 2 nationwide strike call

Last Updated: Wednesday, August 26, 2015, 20:25

To protest against the proposed stake sale in Coal India, its five major trade unions will support the September 2 nationwide strike call, on labour issues, called by all 11 central trade unions of the country.

China to cut trade fees, support financial leasing firms

Last Updated: Wednesday, August 26, 2015, 17:44

China aims to stoke growth in its financial leasing sector by cutting red tape and waiving requirements for minimum registered capital, the cabinet said on Wednesday.

Oil rebounds but still near 6-1/2-year lows

Last Updated: Tuesday, August 25, 2015, 22:29

Futures of U.S. crude and Brent, the global oil benchmark, are both down more than 16 percent on the month.