'Slow growth may push China into economic transition syndrome'

Last Updated: Saturday, December 27, 2014, 14:31

As China's economic slowdown continued, the world's second largest economy faced the prospects of being trapped by "economic transition syndrome" of dependence on stimulus measures, an influential state-run think tank has warned.

Bad loan write offs double to Rs 42,477 cr in 3 years

Last Updated: Sunday, December 21, 2014, 11:16

The amount of bad loans written off or restructured by the PSU banks has more than doubled in the last three years ending March 2014 to Rs 42,447 crore.

EU keen to take restart stalled BTIA negotiations with India

Last Updated: Wednesday, December 17, 2014, 12:09

Faced with slowdown and recession in some of its key economies, the European Union has approached India for restarting negotiations on the stalled free trade agreement, a top official has said.

China holds key economic meet amid concerns over slowdown

Last Updated: Tuesday, December 9, 2014, 19:22

China's top planners Tuesday held a key meeting amid growing concerns over slowdown in the world's second largest economy as officials warn it may miss the 7.5 percent growth rate target this year and continue to plummet next year creating new pressures.

This is best time for India to become superpower: KPMG CEO

Last Updated: Friday, November 28, 2014, 21:04

Global consultancy firm KPMG India's CEO Richard Rekhy today said that economic slowdown in many countries have provided a great opportunity for India to be at centre stage of world.

Sales volume in real estate sector in Chennai declines: Study

Last Updated: Thursday, January 9, 2014, 17:37

Sales volume in the real estate sector in the city during the last one year witnessed a 33 percent decline owing to the impact of global slowdown due to high inflation and negative buyer sentiments, research firm Knight Frank said today.

China concerns hit Asian stocks; Europe sags after data

Last Updated: Monday, January 6, 2014, 18:10

European markets were digesting a raft of services sector data that shed additional light on the divergence between top economies Germany and France as well as the gradual recovery in Italy and Spain.

Manmohan Singh promises more reforms in coming months

Last Updated: Friday, January 3, 2014, 12:10

Claiming that his government has put the country on a high growth momentum, Prime Minister Manmohan Singh on Friday promised to roll out more reforms in the next few months.

Engineering exports to US dips 10% in Apr-Nov: EEPC

Last Updated: Friday, December 27, 2013, 16:56

India's engineering exports to its one of biggest destination - the US - has dipped by about 10 percent to USD 3.90 billion during April-November this fiscal due to slowdown in global demand.

Immediate challenge is to go back to 8% growth: Mukherjee

Last Updated: Friday, December 20, 2013, 14:46

"Our economic growth declined during the last two years. At five percent in 2012-13, it was the lowest in the last ten years," President Pranab Mukherjee said.

Growing unemployment amongst Indian youth!

Last Updated: Saturday, November 30, 2013, 11:47

While unemployment rate among illiterate youth is lowest with 3.7 per cent for the age group 15-29 years at all India level in 2012-2013, the unemployment rate in the same category was reported at 1.2 per cent in 2011-2012 report.