Tags: India

Data shows Indian growth outstrips China's but economists doubtful

India's economy grew faster than China's in the quarter through March, data showed on Friday, but a sharp downward revision for the previous quarter fuelled doubts about the accuracy of a new method used to measure economic activity.


G7 finance ministers to address faltering global growth

Finance ministers from the world's largest developed economies meet in Germany this week against a backdrop of faltering global growth, scant inflationary pressures and a bond market in turmoil.

China, India sign more than $22 billion in deals: Indian embassy

China and India signed 26 business deals worth more than $22 billion in areas including renewable energy, ports, financing and industrial parks, an Indian embassy official said on Saturday.

Sanctions-scarred banks may hold back Iran's economic relief

Major banks wary of heavy U.S. penalties will be reluctant to restore ties with Iran even if sanctions are lifted in a possible nuclear deal, bank executives and advisers say, likely denting Iran's ambition to attract foreign investment to revive its crippled economy.


Latest News

The cheapest Lumia phone is set for a May arrival in India as per Microsoft's word. It could be the Lumia 540 or the Lumia 430 Dual Sim?
Xiaomi introduces Xiaomi Mi 4i with features such as 5-inch 1080 IPS screen, Sunlight Display, Android 5.0 OS, and many more. The device is set for release on April 20 in India with a price of just Rs. 12,999 ($205).
Ratan Tata, chairman emeritus of the holding company of India's Tata conglomerate, has acquired a stake in Xiaomi Technology [XTC.UL], a deal that is likely to bolster the Chinese phone maker's presence in the world's third-largest smartphone market.
When Afghan President Ashraf Ghani makes his first official visit to India next week, it will be a chance for New Delhi to regain ground lost to regional rivals Pakistan and China and push interests including trade routes and arms sales.
Leaders of Asian and African nations called on Wednesday for a new global order that is open to emerging economic powers and leaves the "obsolete ideas" of Bretton Woods institutions in the past.
HTC introduces the One M9+, One E9+, and Desire 326G in India. The devices will be sold beginning May. One M9+ will come out with a 5.2-inch QHD LCD screen, One E9+ with 5.5-inh Quad-HD display, and the Desire 326G with 4.5-inch qHD IPS LCD.
An image was leaked on a Chinese website that showed a Xiaomi Mi 4i device. Further, Xiaomi has launched the Mi Note Pro and the Mi Note Black Edition.
Gold buying in the world's top two gold consuming countries remained slow this week as premiums in China improved only slightly and those in India slipped as the global benchmark stabilised at $1,200 an ounce.
LG will dole out 4,000 G4 devices across South Korea, USA, Canada, and other regions soon. Consequently, a leak was recently discovered revealing the G4’s specs and features like IPS Quantum Display, f/1.8 aperture lens camera, removable 3,000mAh Battery and SD Card Slot, and many more.
World oil markets will not see a significant rise in Iranian supplies for up to five years even if the OPEC member and world powers clinch a final nuclear deal by end-June, Fatih Birol chief economist and future head of International Energy Agency (IEA) said.
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