New York: Oil prices rebounded strongly on Thursday as US economic data topped investors' expectations.The US Commerce Department on Thursday revised up its estimate for the real gross domestic product (GDP) in the second quarter
New Delhi: The Russian central bank raised interest rates to 17 per cent in an attempt to prevent the rouble's collapse. However, the dramatic move has failed to halt the decline, leaving President Vladimir Putin
New Delhi: American businesses and policy-makers are keen to engage with India as they see enormous potential in the country's economy backed by the execution capabilities of the Narendra Modi-led government, according to a survey
Washington: Foreign students from India, China and South Korea are the major contributors to the US economy with the host country earning USD 21.8 billion in tuition fees and USD 12.8 billion in living costs
Washington: The US economy added 204,000 jobs in October, an unexpected burst of hiring during a month in which the federal government was partially shut down for 16 days. The Labor Department said Friday that
Washington : Federal employees were furloughed for a combined total of 6.6 million days during the 16-day partial federal government shutdown starting Oct 1, the most number in all government shutdowns of the country, the
Washington: The U.S. economy is showing strength as summer nears a close — a trend that's raising the likelihood that the Federal Reserve will slow its bond buying later this month.The steady improvement is also
Washington, Feb 3: US President Barack Obama says 2013 can be a year of solid economic growth, but only if Washington gets out of the way.In his weekly radio and Internet address, Obama says there
Washington, Jan 31: Just as U.S. President Barack Obama is pushing new initiatives on gun control and immigration, the gloomy old problem of a sluggish economy is elbowing its way back into prominence. Consumer confidence
Washington, Jan 31: The U.S. economy unexpectedly shrank from October through December for the first time since 2009, hurt by the biggest cut in defence spending in 40 years, fewer exports and sluggish growth in
Washington, Dec 21: President Barack Obama says he'll press ahead with Congress to prevent across-the-board tax increases set to strike taxpayers Jan. 1 after Republican Party leaders in the House of Representatives unexpectedly put off
New Delhi, May 19: Both gold and silver rose for the third day in a row on the bullion market here today on sustained buying by stockists and investors, driven by a firming global trend.The
Washington, Jan 7: Encouraged by the addition of more than 2 lakh new jobs last month and a drop in the unemployment rate, the US President Barack Obama on Friday said the country's economy is
Seoul, South Korea: President Barack Obama said a strong, job-creating economy in the United States would be the country's most important contribution to a global recovery as he pleaded with world leaders to work together
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