Swadeshi Jagran Manch, the economic wing of the Rashtriya Swayamsevak Sangh has hit out at the Reserve Bank of India for not lowering rate of interest even when the inflation is down to 2 per cent, holding it responsible for the current slowdown in the economy. ...
The US dollar weakened against its major rivals in late trading on Thursday as market participants sifted through a slew of downbeat economic data. US manufacturing sector lost further momentum in July, the Institute for Supply Management (ISM) reported. ...
The more than century-old Miraflores Lock on the Panama Canal's Pacific side was drained on Thursday for maintenance, a routine operation that will last at least a week but scarcely affect ship traffic. The work involving more than 600 technicians will focus on the lock gates, an ...
US President Donald Trump has said that he would impose a fresh 10 per cent tariff on another $300 billion of Chinese goods that will take effect September 1, in a sharp escalation of a trade war between the two countries. ...
US President Donald Trump's trade war with China is backfiring and impacting the American economy, his former chief economic adviser Gary Cohn has said. ...
The Enforcement Directorate on Thursday said it has attached assets worth over Rs 480 crore of REI Agro Ltd, which claims to be the world's largest basmati rice processing firm, under the Prevention of Money Laundering Act (PMLA). The ED in 2016 had registered a money laundering case against the company. It ...
Sensex plunged by over 500 points to fall below the 37,000-point mark during the afternoon trade on Thursday. Indian equities in line with global markets fell as the US Federal Reserve after slashing the interest rates by 25 basis points, first since 2008, said it ...
People in the national capital will not have to pay anything for consuming up to 200 units of power, Delhi Chief Minister Arvind Kejriwal announced on Thursday. "People consuming till 200 units of electricity won't have to pay the electricity bills. Their bills will be waived from August 1," he said....
BlackRock, the world's largest fund manager with $6.5 trillion of assets under management -- bigger in value than the third largest economy in the world -- continues to ignore the serious financial risks of putting money into fossil fuel dependent companies, a new report found on Thursday. ...
The key Indian equity indices opened on a negative note on Thursday, with the BSE Sensex down over 180 points. The domestic indices traded in line with global indices, as Asian markets also were largely trading in the red....
