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Reuters

Banks to offer cheap loans for bikes, fridges

Consumer

03 October, 2013

Banks to offer cheap loans for bikes, fridges

Indian banks will offer cheaper loans to stimulate demand for two-wheelers and other consumer durables as Finance Minister P. Chidambaram ......

Slowing economy may force Chidambaram to wield budget knife

General

03 October, 2013

Slowing economy may force Chidambaram to wield budget knife

The finance minister may have to slice at least 200 billion rupees from government spending to prevent a budget blow-out, ......

US government partially switches off

General

01 October, 2013

US government partially switches off

The U.S. government began a partial shutdown on Tuesday for the first time in 17 years, potentially putting up to ......

Factory slump eases in September, orders still shrinking

General

01 October, 2013

Factory slump eases in September, orders still shrinking

Factory activity in India shrank for a second month in September, albeit not as sharply as in August, on a ......

Cooper shareholders set to approve $2.5B Apollo Tyres deal

Manufacturing

30 September, 2013

Cooper shareholders set to approve $2.5B Apollo Tyres deal

Cooper Tire and Rubber Co shareholders will likely approve on Monday the U.S. company's $2.5 billion sale to India's Apollo ......

Easy monetary policy risks new crises: Rajan

General

30 September, 2013

Easy monetary policy risks new crises: Rajan

Central banks risk sparking new crises by keeping their loose policy in place for too long, Reserve Bank of India's ......

Current account deficit expands to 4.9% of GDP in Q1 but narrower than expected

General

30 September, 2013

Current account deficit expands to 4.9% of GDP in Q1 but narrower than expected

India's current account deficit was narrower than expected at $21.8 billion, or 4.9 per cent of gross domestic product, in ......

Vodacom in talks to buy Tata's South African telco Neotel for over $500M

TMT

27 September, 2013

Vodacom in talks to buy Tata's South African telco Neotel for over $500M

Vodacom Group is in talks to buy Tata Communications' stake in South African telecoms operator Neotel for more than 5 ......

Prem Watsa confident Fairfax's BlackBerry bid will succeed

TMT

26 September, 2013

Prem Watsa confident Fairfax's BlackBerry bid will succeed

Fairfax Financial Holdings Ltd Chief Executive Prem Watsa said on Wednesday he is confident the consortium he leads can find ......

Barclays to shut wealth management services in 130 countries

General

26 September, 2013

Barclays to shut wealth management services in 130 countries

Barclays Plc will stop offering wealth management services in about 130 countries by 2016 and cut jobs in the unit ......