Economy

It seems that the China's economy is all set to follow the ride where fresh dew drops of resilience for the country is being witnessed by the analysts. The same was visible in the data released by the General Administration of Customs on Sunday.

Go ahead study hard, can be heard from the mouths of many elderly and wise people, but is this right? We are sure the thousands of engineers who have slogged nights to get their degrees are some “not so happy” graduates at the moment. They are employed in menial jobs and are dejected at the thought of the future.

The standoff between the U.S. and the EU on one hand, and Russia on the other, intensified pretty quickly late last week. The U.S. quickly slapped heavier sanctions on Russia after its annexation of Crimea, leading to a mutual escalation of retaliatory measures. However, it appears that the West gained a bit of leverage at the moment, as the Russian economy has shown some cracks amid uncertainty over how bad this is going to get.

Over the years, the illegal download and sharing of content on peer to peer networks has gained tremendous popularity, which directly harms the content owners who are left deprived of the millions of dollars of revenue they actually deserve.

Facebook CEO will meet Russina Prime Minister to discuus new ventures.

Major subsidies are going to gobble up as much as 2.4 percent of Gross Domestic Product (GDP) of the country, says the Finance Minister, P Chidambaram.

The Government has discovered a new way to rein the fiscal deficit- it has raised the price of diesel by Rs five.

Global banking behemoth HSBC cut India Gross Domestic Product (GDP) forecast owing to a couple of factors, primarily being the lack of reforms and a challenging global economic backdrop.

Efforts by Greece to avoid defaults on its payments notwithstanding, US companies have already started preparing contingency plans to brace for imminent Grexit, the likely scenario of Greece exiting the Euro.