Knowledge Update

​London, May 8 (IANS) A spurt in number of billionaires and increasing wealth creation by any means have made India rank ninth among the crony capitalist countries, said a study in "The Economist" latest issue.

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Investors look out for different assets which match their risk appetite and return expectations. In recent years the global financial markets have become highly volatile and as

​Colombo, April 29 (IANS) Sri Lanka will borrow $1.5 billion from the International Monetary Fund (IMF) for the government's economic reform agenda, the IMF said on Friday.

Todd Schneider, IMF mission chief for Sri Lanka, said a staff-level agreement was reached on a three-year programme to be supported by the IMF's Extended Fund Facility

​Washington, April 28 (IANS) The US economy grew at an annual rate of 0.5 percent in the first quarter of this year, pulled back by slowing consumption, the commerce department said on Thursday.

​Dhaka, April 28 (IANS) A UN body on Thursday expressed its optimism about Bangladesh's potential though it trimmed its growth forecast for 2015-16 fiscal (July 2015-June 2016) at 6.8 percent.

Stocks listed in Qatar Stock Exchange.

​Washington, April 26 (IANS) Nearly two in three Americans said they prefer to save rather than to spend money, setting a new record since 2001, found a Gallup poll.

The research result came on Monday amid concerns that Americans are not spending enough to keep the US economy growing at a healthy pace, Xinhua news agency reported.

Kathmandu, April 25 (IANS) China has emerged as one of the top five bilateral donors to Nepal in fiscal 2014-15 in terms of funds disbursed, Nepal's Finance Ministry said on Monday.

​Beijing, April 25 (IANS) China's central bank on Monday pumped more money into the market to ease a liquidity strain.

The People's Bank of China (PBOC) conducted 180 billion yuan ($27.6 billion) of seven-day reverse re-purchase agreements (repo), a process in which central banks purchase

​United Nations, April 23 (IANS) Investors and corporate boards can be convinced to make green investments by showing them the value of tangible and intangible future returns, industrialist Mahendra Singhi has said.