Last Updated: Friday, July 24, 2015, 15:27
The global economy started the second half of the year on shaky ground as business activity in the euro zone was weaker than expected and China`s vast factory sector appeared to be contracting at the fastest pace in 15 months in July.
Last Updated: Friday, July 24, 2015, 12:31
The NDB opened in Shanghai on July 21 to finance infrastructure projects, mainly in BRICS countries.
Last Updated: Friday, July 24, 2015, 10:35
World Trade Organization (WTO) members finalized a deal on Friday to cut tariffs on $1 trillion worth of information technology products in a boost for producers of goods ranging from video games to medical equipment.
Last Updated: Thursday, July 23, 2015, 23:55
A fall in gold prices has boosted demand in India, the world's second largest consumer, despite the summer months being a traditional quiet period, World Gold Council (WGC) said Thursday.
Last Updated: Thursday, July 23, 2015, 21:32
The WTO members imposed 104 new trade-restrictive measures during seven months to May, which the world trade body said was cause of "concern".
Last Updated: Thursday, July 23, 2015, 21:21
With little sign of accelerating growth or inflation, most central banks are still looking to ease monetary policy, in stark contrast to the U.S. Federal Reserve which is on the brink of its first rate hike in nearly a decade.
Last Updated: Thursday, July 23, 2015, 14:50
It’s tough to escape Micromax’s high voltage ad campaign with Hugh Jackman for the Sliver 5.
Last Updated: Thursday, July 23, 2015, 12:52
Seven Indian companies, including Reliance Industries and Tata Motors, are among the world's 500 largest companies.
Last Updated: Thursday, July 23, 2015, 10:55
The World Bank is nudging up its 2015 forecast for crude oil prices from $53 in April to $57 per barrel after oil prices rose 17 percent in the April to June quarter.
Last Updated: Tuesday, July 21, 2015, 17:08
The New Development Bank (NDB) of the five-nation BRICS bloc headed by eminent Indian banker K V Kamath was inaugurated at a colourful function attended among others by Chinese Finance Minister Lou Jiwei and senior officials from BRICS countries.
Last Updated: Tuesday, July 21, 2015, 09:34
The NDB has initial capital of $50 billion, which will be expanded to $100 billion within the next couple of years.
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