New Delhi: Taking another step towards combating blackmoney, India has signed a multi-lateral agreement with economic powers like France and Germany to check both tax evasion and avoidance. The

Dehra Dun: ONGC CMD Sudhir Vasudeva on Thursday said the company has been able to arrest the decline in its oil production, maintaining it at the level of 1 to 1.5 per cent, and asserted that it

A break-up of the euro zone involving major economies is not likely, and a slowdown in the region as well as a deleveraging in European banks is unlikely to derail Asia's growth, a star fund manager

Headline inflation does not need to get to a particular number for the Reserve Bank of India to act on interest rates, Deputy Governor Subir Gokarn said. The all-new Swift Dzire StraitsRBI Governor

There is a palpable sense of hope at the annual Davos World Economic Forum that the euro zone is edging away from the brink of catastrophe but business leaders say Europe's woes are still holding back

The government will discontinue weekly release of food and fuel inflation data based on wholesale price index (WPI) and instead shift to monthly reporting, a government official said on Wednesday,

The U.S. Federal Reserve looks set to keep monetary policy on hold on Wednesday, even as it releases forecasts expected to show interest rates will be near zero for at least two more years. Given

Japan logged its first annual trade deficit in more than 30 years in 2011, calling into question how much longer the country can fund its huge public debt without relying on fickle foreign investors.

Europe's debt crisis could tip the world economy into recession and a bigger firewall is urgently needed to keep the damage from spreading, the International Monetary Fund said on Tuesday. The IMF

U.S. President Barack Obama used his last State of the Union speech before the November election to paint himself as the champion of the middle class, by demanding higher taxes for millionaires and