Dow ends choppy day slightly lower; Nasdaq gains

Last Updated: Saturday, August 29, 2015, 02:21

US stocks ended a rocky week on a muted note Friday, with the Dow dipping and Nasdaq advancing as fears about a global economic slowdown due to China tested sentiment.

IMF official says "premature" to speak of Chinese crisis

Last Updated: Saturday, August 22, 2015, 22:38

China`s economic slowdown and a sharp fall in its stock market herald not a crisis but a "necessary" adjustment for the world`s second biggest economy, a senior International Monetary Fund official said on Saturday.

Unable to pay loan? Get ready to be named and shamed

Last Updated: Thursday, July 23, 2015, 08:43

India`s bad debt pile, dominated by corporate loans, is at its highest in a decade, swollen by an economic slowdown, loose lending and, in many cases, banks` own failure to do enough to chase down rogue debtors.

China April factory output grows 5.9%, misses forecasts

Last Updated: Wednesday, May 13, 2015, 11:42

Central bank cut interest rates early this week for the third time in six months to lower companies` borrowing costs and boost activity.

Gold snaps three-day losing streak but US rate worries remain

Last Updated: Monday, May 4, 2015, 13:49

Spot gold ticked up 0.4 percent to $1,183.08 an ounce by 0704 GMT, up from a six-week low of $1,170.20 reached on Friday

Xi says shuns fixation on GDP as Chinese economy slows

Last Updated: Saturday, March 28, 2015, 17:45

With the slowing Chinese economy causing ripples at home and abroad, President Xi Jinping on Saturday said focus should not be fixated on growth rates alone but on the quality of growth.

China provided $10 billion tax breaks for SMEs

Last Updated: Sunday, February 22, 2015, 19:33

China has provided USD 10 billion worth of tax concessions to small and micro businesses to help them to ward off negative effects of its economic slowdown which touched a 24 year low last year.

Rural India slowdown threatens PM Modi's promise of 'better days'

Last Updated: Thursday, January 15, 2015, 04:56

Tougher times in rural communities spell bad news for Prime Minister Narendra Modi, who swept to power last May with a promise of "better days" - new jobs and development to lift hundreds of millions of Indians out of poverty.

'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.

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.

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.