India Central Bank: To Suggest Steps To Reduce Demand For Gold Imports

India's central bank will soon release a report making recommendations on how to reduce demand for gold imports, which would help improve the country's trade balance, a top central bank official said Saturday.

Fiscal cliff remains key driver in markets

LONDON (AP) — Uncertainty over the progress of a U.S. budget deal capped the advance in most stock markets Thursday as did a downbeat economic assessment from the European Central Bank and renewed political uncertainty in Italy.

China economy may grow 8.2 per cent in 2013: Top think-tank

BEIJING: China's economic growth may quicken to 8.2 percent in 2013 from an expected 7.7 per cent this year in response to official growth-promoting polices, but downside risk remains from global uncertainties, the Chinese Academy of Social Sciences (CASS) said on Wednesday.

Japan Q3 GDP shrank slightly less than initial estimate: Poll

TOKYO: Japan's economy likely shrank at a slightly slower pace in the third quarter than the government initially estimated because a fall in capital spending by firms may have been less than measured in preliminary data, according to a Reuters poll.

India parliament holds economic reforms debate

India's parliament is holding a debate on the government's controversial decision to open the retail sector to foreign competition.

Chinese industrial upswing cheers markets

LONDON (AP) — News that manufacturing activity in China, the world's second largest economy, grew for the first time in 13 months helped push global stocks higher on Monday.

China to meet 7.5% economic growth this year despite global slowdown: Official

BEIJING: China will meet its target for annual economic growth of 7.5 per cent this year despite the impact of the global slowdown, state media quoted a top trade official as saying Wednesday.