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India, Cyprus ink four pacts, including one for air services

Prime Minister Narendra Modi and Cyprus President Nicos Anastasiades on Friday held detailed discussion on bilateral and regional issues and agreed on the need for all countries to decisively act against states that shelter and sustain violence factories in their…

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Eurozone inflation picks up to 1.9%

Initial estimates from Eurostat showed inflation in the bloc hit 1.9%. That was up from 1.5% in March, but just below February’s four-year high of 2%.The ECB aims for an inflation rate of below, but close to, 2%.On Thursday, ECB…

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Eurozone inflation picks up to 1.9%

Initial estimates from Eurostat showed inflation in the bloc hit 1.9%. That was up from 1.5% in March, but just below February’s four-year high of 2%.The ECB aims for an inflation rate of below, but close to, 2%.On Thursday, ECB…

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Equities slip after weak U.S. GDP; euro strengthens

World stock markets dipped on Friday, as U.S. equities retreated after a soft reading on first-quarter economic growth, while the euro strengthened as eurozone inflation rose to hit the European Central Bank?s target.The U.S. economy grew at a 0.7 percent…

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U.S. economy expands at slowest pace in three years

The U.S. economy expanded during the first quarter at the slowest pace in three years as weak auto sales and lower home-heating bills dragged down consumer spending, offsetting a pickup in investment led by housing and oil drilling. Gross domestic…

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Exports may touch $325 billion in 2017-18: PHD Chamber

India’s exports are expected to touch $325 billion in 2017-18 on account of rising competitiveness of Indian products and revival in global demand conditions, industry chamber PHDCCI today said.”Our merchandise exports are expected to touch $325 billion mark in 2017-18,”…

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