A man sits under overhead power cables in an alley in Delhi, India. Reuters
As Finance Minister Nirmala Sitharaman prepares her budget, the World Bank reports India’s economy grew by 7.2 per cent in 2018-19 in contrast to the recent Indian Central Statistical Office (CSO) estimate of only 6.8 per cent growth during the period. The Bank’s Economic Prospects Report released on Tuesday
New Delhi/Mumbai: A booster dose in the form of further rate cut is expected from the Reserve Bank to rekindle economic growth which has been stunted by low demand, receding production and stagnant wages. Economy watchers contend that subdued food prices coupled with growth concerns allows RBI
In protest against the non-payment of his salary for the last 18 months, a contractual worker in West Bengal's Purulia Municipality climbed a tree and threatened to commit suicide by jumping down, police said on Saturday.
The trade and investment flow between India and the United Arab Emirates (UAE) are poised to expand rapidly with the launch of a major initiative by DP World, UAE Region. This consensus emerged on July 16 at a trade and investment seminar led by DP aWorld, UAE Region and jointly organised with the Confederation of Indian Industries
China’s property investment grew at its fastest pace in four months in August, a boon for the economy as other sectors weaken from the Sino-U.S. trade war and consumer demand slows.
Shares in African diamond miner Petra Diamonds hit an all-time low on Monday after it missed forecasts with a 22 per cent fall in annual profit, as a Sino-US trade row and protests in Hong Kong dented demand in big Asian markets.
Volkswagen said on Monday it had agreed to pay up to A$127 million ($87.3 million) to settle lawsuits brought on behalf of thousands of Australian customers caught up in its global diesel emissions cheating scandal.