US economy grew 0.7 percent between October and December last year

United States' economy only grew 0.7 percent between October and December last year, with the impact of slower global growth and turmoil across markets spilling over into US business investment and consumer spending. It is the slowest pace since the first quarter of 2015, when the economy g...

Bank of Japan introduces negative interest rate policy

Japan's central bank shocked markets today with plans to effectively charge lenders to park their cash with it, ramping up a long-running battle to kickstart the world's number three economy.The unprecedented decision to adopt a below-zero interest rate policy is the Bank of Japan&...

Bank of Japan plans to introduce negative interest rate policy

Japan's central bank shocked markets today with plans to effectively charge lenders to park their cash with it, ramping up a long-running battle to kickstart the world's number three economy.The unprecedented decision to adopt a below-zero interest rate policy is the Bank of Japan&...

India must capitalize on current global slowdown, low oil price regime: Jaitley

Bank of Japan surprises with negative interest rate move

Japan's central bank shocked markets today with plans to effectively charge lenders to park their cash with it, ramping up a long-running battle to kickstart the world's number three economy.The unprecedented decision to adopt a below-zero interest rate policy is the Bank of Japan&...

Govt signs loan deal with ADB for infra in Agartala & Aizwal

The Government has sign an 80million US dollar loan agreement with the Asian Development Bank (ADB) to continue improving infrastructure in Agartala and Aizwal. The loan is the third tranche of a 200 million US dollar financing facility under the North Eastern Region Capital cities Development Inves...

Govt signs loan deal with ADB for infra in Agartala & Aizwal

The Government has sign an 80million US dollar loan agreement with the Asian Development Bank (ADB) to continue improving infrastructure in Agartala and Aizwal. The loan is the third tranche of a 200 million US dollar financing facility under the North Eastern Region Capital cities Development Inves...

India invites Sri Lankan businessmen for investment

Sri Lankan businessmen were invited to invest in and take advantage of Indian economy at the roadshow organized in Colombo to create awareness for the Make in India Week in Mumbai. Organized by the Indian High Commission in Sri Lanka, the roadshow attracted several top business leaders of the countr...

US Federal Reserve keeps key interest rate unchanged

US Federal Reserve has kept key interest rate unchanged and pledged to closely monitor developments in the global economy and financial markets. The Fed said that economic growth has slowed since it raised rates from record lows in December. For seven years until December, the Fed had kept that rate...

Govt to give priority to locally made goods in oil PSU tenders

Petroleum Ministry has proposed to give preference to locally manufactured goods and services in the 90 thousand crore rupees of tenders issued annually by oil PSUs in a bid to give a fillip to domestic manufacturing. Briefing Media in New Delhi , Petroleum and Natural Gas Minister Dharmendra Pradha...