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Domestic IT mkt to grow 12.3% in 2015, touch Rs 1.7 lakh crore

Last Updated: Thursday, January 1, 2015, 16:59

IT spending in the domestic market is expected to grow 12.3 percent to Rs 1.7 lakh crore this year, says a report.

Saudi to continue 'massive' spending despite oil price fall

Last Updated: Wednesday, December 17, 2014, 18:42

Saudi Arabia will continue massive public spending despite a 50 percent drop in the price of oil which provides the bulk of the kingdom's revenue, the finance minister said Wednesday.

Obama signs bill $1.1 trillion government spending bill

Last Updated: Wednesday, December 17, 2014, 08:57

President Barack Obama on Tuesday signed a $1.1 trillion spending bill passed by Congress last week that lifted the threat of a government shutdown.

US Senate passes spending bill, ends govt shutdown threat

Last Updated: Sunday, December 14, 2014, 08:54

The bill, which narrowly cleared the House of Representatives on Thursday and survived a series of procedural hurdles to pass the Senate 56 vote to 40 on Saturday.

US Senate aims to vote Monday on $1.1 trillion spending bill

Last Updated: Saturday, December 13, 2014, 12:00

Negotiations between Democrats and Republicans to speed the process along collapsed during late-night talks in the nearly abandoned US Capitol.

US House narrowly passes spending bill, averts government shutdown

Last Updated: Friday, December 12, 2014, 11:01

The US House of Representatives averted a government shutdown on Thursday, narrowly passing a $1.1 trillion spending bill despite strenuous Democratic objections to controversial financial provisions.

Dow hits record on construction spending, auto sales

Last Updated: Wednesday, December 3, 2014, 10:26

The Dow Tuesday jumped to a fresh record close following a rise in US construction spending and encouraging auto and "Cyber Monday" sales data.

Proposal on gold reserves rejected in Swiss referendum

Last Updated: Monday, December 1, 2014, 09:10

Swiss voters on Sunday flatly rejected in a referendum a proposal stipulating the central bank in Switzerland to increase its gold reserves.

Black Friday sales down as shopping habits change

Last Updated: Monday, December 1, 2014, 03:15

Consumer spending during America`s Thanksgiving weekend dropped compared to last year, but the decline can be attributed to an improving economy and changing shopping habits, a survey found Sunday.

Facebook to boost spending 80% to $2.5 bn this year

Last Updated: Sunday, February 2, 2014, 12:22

The US-based company, which turns 10 this week, expects its capex to be as much as USD 2.5 billion, up from USD 1.37 billion in 2013.

Mobile ad spends to reach $ 41.9 bn by 2017: Gartner

Last Updated: Tuesday, January 21, 2014, 18:33

It added that the display format will make up most of the revenue, but video will show the highest growth.

China decries US spending bill as harming its interests

Last Updated: Sunday, January 19, 2014, 10:20

China`s Commerce Ministry has condemned a USD 1.1-trillion spending bill passed by the US Congress last week over clauses that limit technological purchases from the Asian giant, saying they clash with the principles of fair trade.