Money News Headlines

Fri, Feb 5 2016

India's economic growth likely lost steam at end 2015 - Reuters Poll


India's economy probably lost momentum towards the end of 2015 on dwindling domestic and global demand even as the Reserve Bank of India (RBI) eased policy four times to boost growth last year, a Reuters poll found.

Top News, Business 05 Feb 2016

Sat, Feb 6 2016

Jet Airways posts record quarterly net profit


NEW DELHI Jet Airways Ltd said on Saturday its December quarter net profit rose more than seven times, with sharply lower fuel costs helping the carrier post a third consecutive quarterly gain following a series of losses.

China FX reserves fall almost $100 bln to lowest since May 2012


BEIJING China's foreign reserves fell for a third straight month in January, as the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows.

9:38am IST

U.S., India in talks to settle solar power trade dispute


WASHINGTON The United States and India are in talks that could settle a long-running solar power trade dispute, delaying the announcement of a ruling by the World Trade Organization, an Obama administration official said on Friday.

Top News, Business 06 Feb 2016

Wall Street Weekahead - For Coke and Pepsi, Super Bowl is market share play


SAN FRANCISCO Coca-Cola Co, PepsiCo and other consumer-facing companies spending big bucks to advertise during Sunday's Super Bowl football extravaganza will be making a play for more market share to offset a slow economy and less overseas revenue.

06 Feb 2016

New breed investors embrace China's white-knuckle ride


BEIJING A new breed of small investor is riding China's rollercoaster stock markets, looking for a quick buck and thriving on the volatility that has sent others scurrying to the exit clutching their stomachs.

9:34am IST

As Big Oil shrinks, boards plot different paths out of crisis


LONDON/HOUSTON As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis.

1:44pm IST

Fri, Feb 5 2016

Doubting India's 'fastest-growing' GDP stats, economists devise their own


MUMBAI/NEW DELHI From rural motorbike sales to rail freight, economists and even the central bank are devising their own ways to measure Indian growth.

Top News, Business, Economy 05 Feb 2016

Exclusive - Iran wants payment in euros for new oil sales and old dues from India, others: source


NEW DELHI Iran wants to recover tens of billions of dollars it is owed by India and other buyers of its oil in euros and is billing new crude sales in euros, too, looking to reduce its dependence on the U.S. dollar following last month's sanctions relief.

Business, Top News, Spain 05 Feb 2016

Adani Power to sign deal to build $2 bln plant in Jharkhand - sources


NEW DELHI India's Adani Power Ltd will soon sign a deal to set up a $2.2 billion coal-based power plant in Jharkhand, two people with knowledge of the matter said, as its controlling shareholder aims to nearly double capacity this decade.

Business, Top News 05 Feb 2016