China GDP

In China, a new trend called "full-time children" is making the headlines. What it means is that full-grown individuals get paid a salary by their parents to be their children "full-time". They hang out with their parents, take them out…

Unemployment rate among Chinese youth jumped to a record high of 21.3 per cent in June, reported the nation's National Bureau of Statistic (NBS) on Monday. In May, this rate for youth between the ages of 16 and 24 years stood at 20.8 per…

LONDON: The door of the steel box lift clanks shut and a crane slowly lowers construction workers building London's "super sewer" 40 metres (130 feet) to the bottom of an enormous vertical shaft.Here, a world away from the city's busy…

NEW DELHI: Capital Group, an American financial services company, has said that India appears to be more attractive than other emerging markets in the wake of the reforms initiated by the Modi government and a boost to domestic…

MUMBAI: In a decision aimed at boosting corporate governance by seeking stricter disclosures from promoterled companies, Sebi has made it mandatory for listed entities to disclose all family agreements, which could potentially impact the…

TCShad a lacklustre start to the year putting a lid on its double-digit growth target this fiscal. Its new CEO and MD K Krithivasan is positive about a strong order book, a reflection of long-term demand cycle . Excerpts from a chat with…

NEW DELHI: Retail inflation inched up to three-month high of 4. 8% in June on the back of rising food prices, led by pulses, cereals and products, while industrial output growth rose to a three-month high in May, powered by robust…

MUMBAI: Mauritius-registered IndusInd International Holdings (IIHL), promoter of IndusInd Bank, has approved a capital raise of $1.5 billion to fund its stake increase in the bank and acquire Reliance Capital (RCap).In its meeting held on…

ISLAMABAD: Pakistan’s markets totted up the highest single-day gain Monday following an International Monetary Fund (IMF) accord on a bailout for the cash-strapped nation, with the benchmark KSE (Karachi Stock Exchange) 100 index vaulting…

Mumbai: In his first address to employees post-merger, Sashidhar Jagdishan, MD & CEO, of HDFC Bank said that HDFCBank’s planned growth rate could create a new HDFC Bank every four years. He said the bank would add 1,500 branches…