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PM Modi asks India Inc if China's pain can be India's gain

Last Updated: Tuesday, September 8, 2015, 13:29

The International Monetary Fund considers India`s economy a rare bright spot among emerging markets and Modi sees a chance to attract more foreign investment as money flows out of China.

China slowdown may have an impact on India: Chinese think tank

Last Updated: Tuesday, September 8, 2015, 13:23

Titled 'Can India benefit from Chinese economic slowdown? Think twice,' the article said the success of the Indian economy is more linked to internal factors.

PM Modi meets India Inc amid global gloom in markets

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.

Amid global gloom in markets, PM Modi to meet India Inc leaders today

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.

Japan Q2 GDP shrinks less than expected on inventory gains

Last Updated: Tuesday, September 8, 2015, 08:57

Analysts expect any rebound in July-September growth to be feeble as factory output unexpectedly fell in July and China`s slowdown dampened prospects for a solid recovery in exports.

China August exports fall 5.5%, better than forecasts, but imports disappoint

Last Updated: Tuesday, September 8, 2015, 08:42

That left the country with a trade surplus of $60.24 billion for the month, the General Administration of Customs said on Tuesday, compared with forecasts of $48.20 billion. 

Diamond cuts: India's global hub fears more job losses as China slows

Last Updated: Tuesday, September 8, 2015, 08:12

This year, there`s no sign of a repeat bonanza in a city that by some estimates polishes about 80 percent of the world`s diamonds.

China announces policies to boost financial leasing

Last Updated: Monday, September 7, 2015, 20:43

The Chinese government on Monday rolled out measures on financial leasing following a top-level meeting chaired by Chinese Premier Li Keqiang in August that resulted in the decision to boost the sector to help cash-strapped firms.

PM Modi to meet industry leaders today on global economic scene

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.

China FX reserves fall record $93.9 bn in Aug as central bank supports yuan

Last Updated: Monday, September 7, 2015, 15:09

A large portion of China`s reserves are held in U.S. Treasuries. Last week, traders suspected China of selling Treasuries. 

China policymakers try to calm investors as stocks resume trading

Last Updated: Monday, September 7, 2015, 11:06

Looking to draw a line under wild gyrations in Chinese equity markets, which have fallen 40 percent since mid-June, China`s securities regulator said it would take more steps to ensure stable markets, while government officials said the worst of the volatility was over.

Yuan weakens despite firmer midpoint, less intervention seen

Last Updated: Monday, September 7, 2015, 09:52

"Dollar sales by state-owned banks on behalf of the central bank eased today," said a dealer at a European bank in Shanghai.