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Indian PM in US to attend UNGA, woo investors

Indian PM in US to attend UNGA, woo investors

FIIs pulled out $3.3 billion from Indian shares last month.

‘China, Russia to ink twin-aisle jet deal by end of 2015’

‘China, Russia to ink twin-aisle jet deal by end of 2015’

China is forecast to surpass the US as the world’s largest aircraft market within the next 20 years.

Xi to address business roundtable in Seattle next week

Xi to address business roundtable in Seattle next week

CEOs of Apple, Microsoft, IBM, Boeing, Amazon and Chinese firms Alibaba, Tencent and Baidu are attending the event.

BRICS stocks, currencies cheer Fed decision, EU in the red

BRICS stocks, currencies cheer Fed decision, EU in the red

Even though European markets were in the red, stocks and currencies in emerging markets cheered the US Federal Reserve’s decision to postpone a much-anticipated rate hike. BRICS currencies firmed early

BRICS communication ministers to hold summit in Moscow

BRICS communication ministers to hold summit in Moscow

Russia has urged BRICS to boost investment to end US monopoly in the information technology sector.

Brazil, Russia cabinet meeting in Moscow takes stock of ties

Brazil, Russia cabinet meeting in Moscow takes stock of ties

The two sides inked a contract for the stationing and operation of Russian SM-GLONASS automatic measuring station in Brazil.

Chinese group buys Turkish port for $940 mn

Chinese group buys Turkish port for $940 mn

Turkey is a strategic location along the "Belt and Road", an infrastructure and trade network proposed by China.

Brazil announces tax hikes, spending cuts to end deficit

Brazil announces tax hikes, spending cuts to end deficit

The government plans to save 20.6 billion reais by cutting back on programs that provide sanitation, housing, technical training and broadband.

US stocks volatile ahead of Fed meeting

US stocks volatile ahead of Fed meeting

With little sign of an immediate turnaround even after months of monetary easing, China's slowing economy will be a major consideration for the Fed.

China industrial output rises 6.1% in August

China industrial output rises 6.1% in August

Beijing has set its official growth target for 2015 at 7 per cent.