Crunch week as Fed meets on rates, Trump team joins G20
LONDON (Reuters) – After a year that tipped conventional wisdom on its head, the coming week might suggest a return to some sort of normality for the global economy — or instead take investors into a whole new round of uncertainty. ... read more »
Some bank bulls grow wary on policy uncertainty
(Reuters) – Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates, lighter regulation, lower taxes and faster economic growth would boost profits for lenders. ... read more »
State-owned carrier Air India understated losses – CAG
NEW DELHI (Reuters) – India’s state-owned airline Air India understated its operating losses by nearly $1 billion over three fiscal years to March 2015, the federal auditor said in a report, highlighting the carrier’s financial distress. ... read more »
India’s Avenue Supermarts IPO oversubscribed 106 times
MUMBAI (Reuters) – The last day of bidding for an initial public offering (IPO) by India’s Avenue Supermarts Ltd saw investors clamouring for the shares, tempted by the company’s strong credentials and with a continued momentum from recent share offerings. ... read more »
More from Economy
indias $ 325 billion of exports Targe Will be not completed this year:FIEO
New delhi – India ‘s export target of $ 325 billion in the current financial year will not be achieved . Federation of Indian Export Orgnaijeshns ( FIEO ) said the... read more »
GDP growth to persist in 4.5-5% range in 2014: Nomura
The economy is unlikely to see any major pick in 2014 and may end up with about just 4.5-5 per cent growth due to the ongoing fiscal and monetary policy tightening, says a... read more »
One toll tag for Delhi-Mumbai national highway from August
zip across Delhi-Mumbai highway without stopping at any of the toll plazas with a single radio frequency identification (RFID) tag. Electronic toll collection (ETC) at 50 toll plazas on the... read more »
Telecom department defers spectrum auction to Feb 3
New Delhi – The Department of Telecommunications (DoT) has extended the dates of auction of spectrum in 1,800 megahertz (MHz) and 900 MHz bands. The auction will now start on Feb 3,... read more »
China to be world largest economy in 2028
Beijing – China is expected to overtake the US in 2028 to become the world’s largest economy while India is predicted to overtake Japan that year for the third place in the same league, a... read more »
