Economy

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World’s economies waiting for FED descision / US News

The US Federal Reserve is expected to confirm later that it will start to wind down its massive stimulus effort…

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India increases import duty on gold, silver jewellery to 15 %

For the 4th time this year, Indian government has hiked import duty on gold and silver jewellery.

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Pakistan’s economic vulnerabilities, crisis risks high: IMF

The International Monetary Fund (IMF) has warned that Pakistan’s economic vulnerabilities and crisis risks were high.

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India’s central bank advises people not to make garlands of currency notes

India’s central Bank – Reserve Bank of India (RBI) - has asked people not to use banknotes for making garlands…

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Japanese Co to purchase power transmission assets in India

Japanese company Toshiba Corp has signed an agreement to buy electricity transmission and distribution assets worth 200 million dollars in…

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Indian rupee can stabilize now as worst may be over: Indian PM’s economic adviser

Indian Prime Minister's top economic adviser C Rangarajan has said worst may be over for Indian rupee, whose value has…

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Economist Raghuram Rajan is new head of India’s central bank

In an attempt to check the decline in value of Indian currency, Indian government Wednesday appointed Raghuram Rajan, an economist…

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India invites Japan to invest in low budget hotel sector

The Indian government has invited Japan to invest in low budget hotel sector of India.

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Depreciation of Indian rupee can affect India’s economy: Indian PM

Concerned over depreciation of Indian rupee, Indian Prime Minister Dr Manmohan Singh Friday said there are justifiable concerns that it…

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Indian rupee falls to new record low

The Indian rupee, which has witnessed steep decline in its value, plunged nearly four percent to a new record low…

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No cause for panic due to currency decline: Indian FM

In view of continuing decline in value of Indian currency, Indian Finance Minister P Chidambaram Thursday said there was no…

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Ahmedabad airport rated best airport in India: Report

Sardar Vallabhbhai Patel International airport in Indian city of Ahmedabad has been rated as best airport in India as far…

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India raises customs duty on gold, silver

Indian government has raised the customs duty on gold, platinum and silver to 10 percent in a bid to curb…

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India to set up two more major ports

Indian government has decided to set up two new major ports in the country.

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The Bank of England is making the Nazi gold for sale / UK News

The role the Bank of England (BoE) played in moving and selling gold looted by the Nazis has been revealed…

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