The US Federal Reserve has cut interest rates by 50 basis points to address rising unemployment and bolster demand.

Rising crude, analysts fear, could force the Reserve Bank of India to hold its key policy rates at which it lends to banks, longer than expected even as US Fed Reserve cut rates last week.

Follow the welfare economy for superpower status; India has an edge over China due to democracy and inclusive development.

The German government has slashed its forecast and now expects Europe's largest economy to shrink for a second year running ...

The last few years have been tough for India’s recession-hit diamond industry. Surat, in Gujarat state, processes 90% of the ...

Indian shares are set to open higher on Monday after logging losses for five straight sessions, and tracking Asian peers after strong U.S. jobs data dispelled worries of a recession. The ...

By Bharath Rajeswaran (Reuters) -Indian information technology stocks lifted domestic shares on Monday after strong U.S. jobs data allayed fears of a recession in the world's largest economy. The ...

The $14.2-billion Otis Worldwide Corporation CEO explains why the target of 90% localisation makes sense in India.

Nikunj Tank, a worker in the world’s diamond polishing capital Surat in western India, had been desperate since losing his ...

According to the July World Economic Outlook Update published by the International Monetary Fund (IMF), global growth will ...

The US Federal Reserve has delivered a steep rate cut but signals from the bond market do not offer a lot of optimism, while ...