Money News Headlines

PM Modi to get rock star reception in New York


NEW YORK - It is a rock 'n' roller's dream to "sell out The Garden," but for a foreign politician to pack New York City’s most famous sports and entertainment arena is another thing entirely.

Top News, Business, World 7:41am IST

Asia relieved as China flash PMI beats low expectations


SYDNEY - Asian shares recouped early losses on Tuesday while commodities won a break from recent selling pressure after a reading on China's massive factory sector outpaced the market's bleak expectations.

9:33am IST

China September HSBC flash PMI edges up to 50.5

BEIJING - China's manufacturing sector expanded at a slightly faster pace in September even as employment fell to a 5-1/2-year low, a preliminary HSBC survey showed on Tuesday.

9:45am IST

U.S. SEC to pay $30 million-plus in largest whistleblower award


WASHINGTON - An anonymous tipster living abroad will be receiving more than $30 million, in the largest whistleblower award ever doled out by U.S. securities regulators as part of a program that aims to incentivize insiders to report wrongdoing.

1:16am IST

Facebook to introduce new advertising platform - WSJ


REUTERS - Facebook Inc is set to unveil a new advertising platform to improve effectiveness of online ads, the Wall Street Journal reported on Monday citing people with knowledge of the matter.

Tech, Business, Facebook 6:18am IST

China Sept factory activity edges up on stronger orders but employment shrinks


BEIJING - Activity in China's manufacturing sector unexpectedly picked up in September even as factory employment slumped to a 5-1/2-year low, a survey showed on Tuesday, a potential source of worry for Communist leaders who prize social stability above all else.

7:27am IST

Insight - Frankfurt exchange's China dream turns to nightmare


By Edward Taylor, Andreas Kröner, Christoph Steitz and John Ruwitch

3:35am IST

Mon, Sep 22 2014

Rashtriya Ispat files draft papers for IPO


MUMBAI - State-owned steel producer Rashtriya Ispat Nigam Ltd has filed draft papers for an initial public offer of 10 percent of its shares.

22 Sep 2014

Coal import rush leads to port congestion


NEW DELHI/BHUBANESWAR - India's power and steel companies are importing shiploads of coal due to a severe shortage at home, leading to heavy congestion in one of the country's busiest ports that now has twice the number of vessels waiting than its available berths.

22 Sep 2014

Falling crude prices helps India control fiscal deficit


NEW DELHI - The finance ministry is increasingly optimistic that it can meet a tough fiscal deficit target, helped by a 12 percent decline in global crude oil prices since Prime Minister Narendra Modi took charge in May.

Business, Economy 22 Sep 2014