New Delhi, Jan 28
Global smartphone shipments jumped over 38 per cent last year to clock a record volume of 1 billion, boosted by strong demand for low-priced devices in emerging countries like India and China. »
Davos (Switzerland), Jan 21
Global unemployment rose by 5 million last year, the International Labour Organization (ILO) said on Monday, criticising governments for a lack of job creation policies.
Some 202 million...
New Delhi, Dec 3
The growth of smart devices like 2-in-1s and tablets is expected to fuel the volume for desktop vendors and the PC ecosystem in coming years with shipments of Windows-based tablets expected to tou...
New Delhi, Oct 25
Global financial services major HSBC today lowered India’s current account deficit (CAD) forecast for this financial year to 3.4 per cent of GDP from 4.1 per cent earlier.
HSBC said the c...
New Delhi, Oct 13
Finance Ministry has forwarded to the Planning Commission for “necessary action” the report of Raghuram Rajan Committee on states which seeks to do away with the special category status for poorer...
New Delhi, Oct 8
India Inc’s merger and acquisition activity during the July-September quarter amounted to $5.7 billion, taking the deal tally for the first nine months of this year to $17 billion, says a Mergerma...
Hong Kong, Oct 2
Slower growth in China and India and uncertainty over the US Federal Reserve’s stimulus programme is hurting Asia’s economic momentum, the Asian Development Bank said, as it cut its forecast for t...
New Delhi, Sept 22
The non-oil trade deficit in the current financial year is likely to be much lower at $65-72 billion as against the $81.8 billion in 2012-13 on account of curbs on gold imports, according to an As...
Mumbai, Feb 5
The continued slowdown in the service sector marginally moderated, as per a survey by HSBC Index.
The latest reading of 48.3 increased from December’s 46.7, signalling a moderate rate of...
United Nations, Jan 24
India’s economy is projected to grow at a slower-than-expected rate of 5.3 per cent this year, according to a United Nations report which said the country’s slowdown may have bottomed out.
Washington, Jan 9
India has been ranked below its two nuclear-armed neighbours – Pakistan and China – in the list of countries with a weak nuclear material security in the world, according to a US-based think-tank.
Brussels, Oct 30
Economic sentiment in the euro zone rose to a new two-year high in October, but the increase was less than in recent months, according to a key indicator released on Wednesday.
New Delhi, Oct 20
Planning Commission will hold wider consultation with stakeholders, including states, before firming up its views on the controversial Rajan panel report that has suggested abolishing the special...
Washington, Oct 10
Noting that India’s slowdown has significant spillover effects on the rest of South Asia, the World Bank has said South Asian countries need to work hard on reforms.
Observing that the tu...
Beijing, Oct 3
China’s non-manufacturing purchasing managers’ index (PMI) rose to 55.4 per cent in September from 53.9 per cent for August indicating expansion amid concerns over slowdown of Chinese economy.
Frankfurt, Sept 27
The Reserve Bank of India Governor, Raghuram G. Rajan, has been awarded the Fifth Deutsche Bank Prize for Financial Economics 2013, in recognition of his ground-breaking research work which influe...
New Delhi, Sept 20
Fitch Ratings cut India’s growth forecast for the current financial year to 4.8 per cent, saying weak demand is a large drag on the economy. The new estimate compares with projections of...