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November 14, 2016 10:56 AM
South Korea's finance minister Yoo Il-ho today said the government stood ready to act to stabilize financial markets if needed. Addressing during a Seoul forum attended by officials and financial experts, Mr. Yoo Il-ho said that Emerging markets are experiencing huge decrease in their curre...
November 14, 2016 9:23 AM
In China, Government spending decreased 12.5 percent in October from a year earlier, while revenue rose by 5.9 percent. This was informed by the Ministry of Finance today. Government spending in the first 10 months of the year rose by 10 percent from a year earlier, while revenues rose by 5.9 percen...
November 14, 2016 8:47 AM
The Tata-Mistry feud flared up yesterday, with the ousted chairman Cyrus Mistry rebutting allegations of "drifting away" Tata companies during his tenure.He also hit back at attempts to question integrity of independent directors who backed him, prompting the USD 102-billion group&...
November 14, 2016 8:06 AM
The Asia-Pacific Economic Cooperation (APEC) Forum's Week starts in Lima, Peru today bringing together leaders of world's largest economies, businessmen and investors. A creation of Free Trade Area of the Asia-Pacific, which would include all APEC states, is one of the main topics ...
November 14, 2016 7:26 AM
The government has introduced the new series of 500 rupees denomination notes at the SBI Parliament Street Branch in New Delhi for the convenience of the people, said Ministry of Finance in a tweet. Meanwhile, the Finance Ministry said, Banks have been advised to arrange for separate queues for Seni...
November 12, 2016 6:07 PM
Videocon Industries reported a standalone net loss of 382 crore rupees for the quarter ended on September 30, due to lower income from operations. The company had posted a net profit of 7.6 crore rupees in the corresponding period of 2015-16.The company said in a BSE filing that its total income fro...
November 12, 2016 5:10 PM
The Dow Jones industrial average ended at a record closing high on Friday, capping off its best week since 2011 after Donald Trump's unexpected victory in the US presidential election.So, the Dow Jones industrial average gained 40 points, 0.2 percent to end the week at 18,848, yesterday. Th...
November 12, 2016 1:37 PM
Upping the ante against American companies outsourcing jobs overseas, President-elect Donald Trump's transition team has made it clear that the new administration will make it more desirable for companies to stay, create jobs in the country, pay taxes and rebuild the economy.Announcing this...
November 12, 2016 12:30 PM
Patna office of Reserve Bank of India is dispatching currency notes to chests located in different parts of Bihar and Jharkhand by helicopter so that the currency can be distributed to banks easily.Sources said, RBI, Patna, which caters to both Bihar and Jharkhand, has pressed into service two helic...
November 12, 2016 8:26 AM
The country's industrial production grew point 7 percent in September this year, year-on-year, mainly due to poor performance by the manufacturing, mining, and capital goods sectors. According to official data, factory output, as measured in terms of the Index of Industrial Production (IIP)...
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