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FIIs pull out Rs 186 cr this month
18 Jun 2012 6:31 AM ISTForeign institutional investors (FIIs) have pulled out Rs 186 crore from the equity market in the first fortnight this month amid concerns over...
We alone can’t save eurozone: Merkel
15 Jun 2012 5:01 AM ISTGermany warned it cannot not save the eurozone alone on Thursday as borrowing costs left Spain on the ropes and Italy and France met for critical...
India building eurozone contingency plan
15 Jun 2012 5:00 AM ISTThe government, along with major financial regulators like Reserve Bank and SEBI, is working on a contingency plan to insulate Indian economy from the...
May exports shrink 4.16%
15 Jun 2012 4:58 AM ISTAdding woes to sluggish economy, India's exports declined by 4.16 per cent to $25.68 billion in May due to unabated slump in global demand and...
Indian economy in stagflation: Moody's
15 Jun 2012 4:56 AM ISTGlobal financial services firm Moody’s on Thursday said Indian economy is facing stagflation, where growth is slow and inflation high, and cautioned...
A hard day’s fight in store for UPA
14 Jun 2012 12:42 PM ISTJust as United Progressive Alliance- II (UPA) wakes up to economic realities and gropes for some solid actions to restore a sense of confidence, both...
Italy safe if Monti stays on track: Schaeuble
14 Jun 2012 5:49 AM ISTThere will be no danger of Italy succumbing to the debt crisis if it continues to implement structural reforms and growth measures, German finance...
Govt needs to give positive signals: FM
13 Jun 2012 2:10 PM ISTExpressing disappointment over dismal 0.1 per cent industrial growth rate in April, finance minister Pranab Mukherjee on Tuesday said the government...
Industrial output data bolsters S&P warning
13 Jun 2012 2:00 PM ISTA day after Standard and Poor's warned that India may cease to be the darling of overseas investors, the April data of country's industrial output has...
India may lose investment-grade rating: S&P
12 Jun 2012 6:49 AM ISTThe international ratings agency Standard and Poor's warned on Monday that India may lose its investment-grade rating because of slowing growth and...
India, China show signs of slowdown: OECD
12 Jun 2012 6:42 AM ISTIndia and China, two of the world's fastest growing economies, are seeing signs of slowdown, Paris-based think tank Organisation for Economic...
Economy to turn around in FY13: FM
12 Jun 2012 6:37 AM ISTRuling out any fiscal incentive to boost the sagging economy, finance minister Pranab Mukherjee on Monday said the growth rate would see a turnaround...