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INTERNATIONAL

Uber president Jeff Jones leaves company after six months

Jeff Jones' departure comes after a series of difficulties at Uber, Recode and The Wall Street Journal reported. According to Recode, Jones had voiced dissatisfaction with the company's strategies.

PTI | Mar 20, 2017 02:47 PM

World Bank announces 57 billion dollar in financing for sub-Saharan Africa

The World Bank has announced 57 billion dollar in financing for sub-Saharan Africa over the next three fiscal years. Of that total, 45 billion dollar will come from the International Development...

PTI | Mar 20, 2017 12:20 PM

GDP growth target is around 6.5 per cent for 2017: Chinese Premier Li Keqiang

Li said the Chinese economy registered a slower but stable growth. The GDP last year reached 74.4 trillion yuan (over USD 11 trillion) representing 6.7 per cent.

PTI | Mar 05, 2017 09:09 AM

China to cut five lakh jobs in steel and coal sector to reduce excess production capacity

Yin Weimin, minister of China's human resources and social security ministry, announced plans to relocate five lakh workers who faced job losses this year.

PTI | Mar 01, 2017 07:54 PM

Heavy deployment of police forces ahead of regional economic summit in Islamabad

Interior Minister Nisar Ali Khan chaired a high-level meeting on Monday to discuss security and recommend measures as part of the foolproof security arrangements.

PTI | Feb 27, 2017 10:56 PM

Chinese infrastuture bubble about to burst? Bad loans mount to $220bn: Report

Most of the bad loans were reported to have been caused by provincial governments who in the past went for infrastructure overdrive to showcase their progress while sitting on bad loans.

PTI | Feb 25, 2017 07:15 PM

Currency ban led to huge cash crunch and sucked in cash like vacuum cleaner: IMF official

India’s demonetisation led to huge cash shortages that have “adversely affected” consumption and like a “vacuum cleaner” it sucked in cash and then was slowly replacing the currency, a...

PTI | Feb 24, 2017 04:38 PM

India's economy in 'fairly good shape', likely to be less affected by global economic shocks: IMF

IMF said in the absence of disruptive global financial volatility, slower growth in China, Europe and the United States would have only modest adverse spillovers to India, given weak trade linkages.

PTI | Feb 24, 2017 03:39 PM

Trade between India and UAE set to hit 100 billion dollars by 2020: CII

Currently, the trade between Indian and the UAE is estimated around USD 60 billion.

PTI | Feb 15, 2017 05:38 PM

Indian IT companies need to stop using H1-B visas, says Narayana Murthy

The proposed overhaul of popular H-1B visa regime by US President Donald Trump has raised concerns among the Indian IT firms.

PTI | Feb 03, 2017 02:03 PM

Union budget 2017: Govt abolishes FIPB; More FDI policy easing expected

FIPB was initially constituted under the Prime Minister's Office (PMO) in the wake of the economic liberalisation drive of the early 1990s.

PTI | Feb 01, 2017 06:16 PM

Jack Ma joins WEFs Global Shapers Community foundation board

Alibaba Group’s Executive Chairman Jack Ma has joined the foundation board of the Global Shapers Community, an initiative of the World Economic Forum (WEF).

PTI | Jan 21, 2017 09:44 AM

World Economic Forum 2017 meet to begin on Monday; over 100 people from India to attend

World’s rich and powerful people, including over 100 from India, as well as government heads from the UK, China, Pakistan and Bangladesh will be in this Swiss ski resort for 5-day WEF Annual Meeting...

PTI | Jan 15, 2017 07:50 PM

Iran seals deal with Airbus for 100 passenger jets

The jets will bolster Iran’s ageing passenger fleet with the addition of 46 A320 planes for medium-haul routes, 38 long-haul A330s and 16 A350s, the European aircraft-maker said in a statement.

PTI | Dec 23, 2016 08:45 AM

Central banks taking 'back seat' during market rattling events: Bank of International settlements

BIS monetary and economic department chief, Claudio Borio, noted that markets were caught "completely wrong-footed", by the US vote which swept political novice and former reality TV star Trump into...

PTI | Dec 11, 2016 08:10 PM