Beijing, March 5 (IANS) China will keep the yuan exchange rate generally stable while continuing with reforms of exchange rate liberalisation, according to a government work report to the national legislature’s annual session. China will…
Noida, March 5 (IANS) The Noida Authority plans to construct an old age home cum orphanage to take care of the elderly and orphaned children under the same roof with an allocation of Rs.300 crore,…
By Jaideep Sarin Chandigarh, March 5 (IANS) Putting behind the mindless violence unleashed during the Jat protests for job quotas, Haryana is going ahead with the ‘Happening Haryana Global Investors’ summit to attract investment for…
Chennai, March 5 (IANS) India’s foreign exchange reserves came down by $3.58 billion to $346.78 billion on February 26, Reserve Bank of India’s (RBI) weekly statistical statement showed. According to the RBI, the total reserves…
By Gaurav Sharma Beijing, March 5 (IANS) China on Saturday said its defence spending will rise by 7.6 percent in 2016 — the lowest in six years, as it struggles to tide over an economic…
Beijing, March 5 (IANS) Tibet’s foreign trade fell by 59.2 percent at 5 billion yuan ($861 million) in 2015, the media reported on Saturday. Exports of the region dropped 71.9 percent to 3 billion yuan,…
Beijing, March 5 (IANS) China raising its defence budget is a rational move in favour of economic development, said a commentary in state-run news agency Xinhua on Saturday. The commentary “China’s military spending growth rational,…
Havana, March 5 (IANS) Cuba’s bid to attract foreign investors does not imply “accelerated privatisation” of the national economy, the media reported on Saturday. Deborah Rivas, the head of foreign investment at the ministry of…
Beijing, March 5 (IANS) China on Saturday announced the country’s lowest defence budget increase in six years in the wake of rising economic headwinds and last year’s massive drawdown of service people. According to a…
Islamabad, March 5 (IANS) Pakistan Prime Minister Nawaz Sharif has ordered the completion of two major hydropower projects that will add about 2,380 megawatts of electricity to the national grid before June 2017, the media…
Washington, March 5 (IANS) The International Monetary Fund (IMF) announced it will separately identify the Chinese yuan in its quarterly survey of the composition of foreign exchange reserves (COFER) from October 1. Currently, the currencies…
Beijing, March 5 (IANS) China aims to create at least 10 million new urban jobs and keep the registered urban unemployment rate within 4.5 percent this year, according to a government work report delivered by…
Beijing, March 5 (IANS) China targets economic growth rate of 6.5 to 7 percent in 2016, and an average annual growth rate of at least 6.5 percent through 2020, according to a government work report…
Beijing, March 5 (IANS) China on Saturday announced the country’s lowest defence budget increase in six years in the wake of rising economic headwinds and last year’s massive drawdown of service people. According to a…
New Delhi, March 4 (IANS) As part of its modernisation project, the postal department would digitise 129,323 rural post offices across the country by March 2017, parliament was told on Friday. “The government has approved…
New York, March 5 (IANS) The US stocks traded in a narrow range on Friday, as investors digested the newly-released jobs report for indications of the economic conditions and the course of the US Federal…
New York, March 5 (IANS) The US stocks traded in a narrow range on Friday, as investors digested the newly-released jobs report for indications of the economic conditions and the course of the US Federal…
Chicago, March 5 (IANS) Gold futures on the COMEX division of the New York Mercantile Exchange rose on Friday as the US dollar showed weakness. The most active gold contract for April delivery rose $12.5,…
Madrid, March 5 (IANS) The Spanish stock market index Ibex-35 rose 0.5 percent on Friday to close at 8,811 points, up from the 8,767 points of Thursday. Share values were up 5.5 percent in the…
New York, March 5 (IANS) Oil prices rose on Friday as newly-released jobs US report came out better-than-expected. Total non-farm payroll employment increased by 242,000 in February, topping market expectations, and the unemployment rate was…