NEW DELHI - India's flagging economy delivered rare good news on Wednesday with a slight expansion of industrial production and further cooling in consumer prices, offering some respite to the ruling coalition before next month's general election.
Recent Business News
NEW YORK - Global stock indexes declined for a fourth day and copper hit four-year lows before rebounding on Wednesday as increasing concern about China's economic slowdown unnerved investors.
NEW YORK - The average bonus on Wall Street jumped 15 percent last year to the highest level since the 2008 financial crisis and was the third largest on record, New York State's budget watchdog said on Wednesday.
MUMBAI - Global drugmakers have had a nauseous time in India's $14 billion market. Prices have dropped and valuable patents have been overruled as the authorities strive to make medicines affordable for the 70 percent of people living on less than $2 a day.
HYDERABAD - Air India is reviewing the performance of its Boeing 787 Dreamliner fleet to see if they are using up fuel faster than expected, but has no plans to ground the aircraft, the state-owned carrier's chairman said on Wednesday.