Search Results for: economic recession

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Euro zone inflation confirmed at 1.9 percent, labour costs surge

Euro zone consumer prices rose by 1.9 percent in May, pumped up by higher costs of energy, food and services, data showed on Friday, while labour costs rose at their sharpest rate for five years in the first quarter of 2018.

Jun 18, 2018

Fadnavis during his visit to the Virgin Hyperloop test track

Mumbai-Pune Hyperloop inches towards reality with Fadnavis' visit to Virgin test track

The Maharashtra chief minister visited the Virgin Hyperloop test track in Las Vegas to understand the technology better. Virgin plans to build the first Hyperloop in India to connect Mumbai and Pune, reducing travel time to 25 minutes.

Jun 17, 2018

After Trump, Japanese PM Shinzo Abe could meet Kim Jong Un for summit in Russia

Japanese Prime Minister Shinzo Abe is expected to meet Kim Jong Un around some time when Eastern Economic Forum would take place in Russia's far eastern city of Vladivostok. This comes after Russian President Vladimir Putin had invited Kim to attend the forum.

Jun 15, 2018

FII inflow to drop as US Federal Reserve hikes interest rate

The Indian market has experienced a volatile period in terms of FII investments since the beginning of the year. While the 25 bps hike by the US Federal Reserve was not really a surprise, it is definitely affecting the Indian economy.

Jun 15, 2018

Elon Musk-owned The Boring Company to bring high-speed transit tunnels to Chicago

The SpaceX owner's infrastructure and tunnel construction firm, The Boring Company gets the green signal to operate a high-speed underground transportation system from O'Hare airport to downtown Chicago.

Jun 15, 2018

Donald Trump says trade with China has been Unfair in joint Xi speech

Trump's trade war escalates with tariffs on Chinese goods

US President announces new tariffs on $50Bn worth Chinese goods as the global trade war continues. Beijing likely to retaliate with its own tariffs on American goods.

Jun 15, 2018

Cash-strapped Rolls-Royce to cut 4,600 jobs, mostly in the UK

In a statement, the company said around 1,500 jobs will be axed by the end of 2018, while 2019 and 2020 will also witness more job cuts. The move will mostly affect managerial roles and engineering jobs.

Jun 14, 2018

us dollar rupee investments fii india exchange rate inflation us fii fpi stock markets sensex donald trump modi india currency ban

US Federal Reserve raises rates amid stronger inflation

Fed Chairman Jerome Powell said that "the economy is doing very well".

Jun 14, 2018

Apache, combat helicopter, TATA-Boeing Aerospace Ltd,

India to get 6 Apache choppers from US: Here's how it will boost the armed forces

India will be buying these six AH-64E Apache attack choppers from the United States at a cost of $930 million.

Jun 13, 2018

Are humans getting dumber? IQ scores of people dropping since 1970s, says study

New study finds that for every generation, IQ scores are dropping by about 7 points on average, posing a severe challenge to the future of human species and their intelligence compared to other creatures.

Jun 13, 2018

'Being a Muslim, I shouldn't be here': BJP MLA gets threat letter with bullets

The police have registered a case under Sections 153 A (promoting enmity between different groups on grounds of religion, race etc) and 506 (criminal intimidation).

Jun 13, 2018

Tesla sends home 9% workers as Elon Musk chases elusive profits

The measure means that some 4,100 of the firm's 46,000 employees will lose their jobs. The layoffs will not affect operations at the factory producing the Model 3.

Jun 13, 2018

Slowing gasoline price rises keep US inflation in check

US consumer prices rose marginally in May amid a slowdown in increases in the cost of gasoline and the underlying trend continued to suggest moderate inflation in the economy.

Jun 13, 2018

IMF Chief warns of 'darker economy' over US trade policies

Christine Lagarde attacks US president Donald Trump's trade policies, warns that escalating trade war could lead to the global economy getting darker.

Jun 12, 2018

Historic Trump-Kim summit concludes, follow-up discussions next week

This is the first time Donald Trump and Kim Jong Un met, especially after trading jibes since last September and both the leaders were quite enthusiastic about the meet. Ahead of the summit, the US president said that he and the North Korean leader will "will solve a big problem, a big dilemma."

Jun 12, 2018

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Search Results for: economic recession

Euro zone inflation confirmed at 1.9 percent, labour costs surge

Mumbai-Pune Hyperloop inches towards reality with Fadnavis' visit to Virgin test track

After Trump, Japanese PM Shinzo Abe could meet Kim Jong Un for summit in Russia

FII inflow to drop as US Federal Reserve hikes interest rate

Elon Musk-owned The Boring Company to bring high-speed transit tunnels to Chicago

Trump's trade war escalates with tariffs on Chinese goods

Cash-strapped Rolls-Royce to cut 4,600 jobs, mostly in the UK

US Federal Reserve raises rates amid stronger inflation

India to get 6 Apache choppers from US: Here's how it will boost the armed forces

Are humans getting dumber? IQ scores of people dropping since 1970s, says study

'Being a Muslim, I shouldn't be here': BJP MLA gets threat letter with bullets

Tesla sends home 9% workers as Elon Musk chases elusive profits

Slowing gasoline price rises keep US inflation in check

IMF Chief warns of 'darker economy' over US trade policies

Historic Trump-Kim summit concludes, follow-up discussions next week

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]