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Knowledge Update

US economy continues modest expansion in September, Fed survey shows

​Washington, Oct 20 (IANS) US economic activity continues to expand at a modest to moderate pace from late August through early October, with most districts expecting positive outlook, the latest survey result released by the Federal Reserve showed on Wednesday.

China's economy stabilises with solid performance

Beijing, Oct 19 (IANS) China's economy grew 6.7 per cent in the third quarter of 2016, holding steady with the second quarter and strengthening hope that the Chinese government will achieve its annual GDP target.

US stocks slide after Fed minutes

New York, Oct 14 (IANS) US stocks traded lower as Wall Street continued to digest the Federal Reserve's minutes from its September meeting.

The Dow Jones Industrial Average on Thursday dipped 120.18 points, or 0.66 per cent, to 18,024.02, Xinhua news agency reported.

Brics an opportunity to attract investment: Brazil

​Brasilia, Oct 14 (IANS) Brazilian President Michel Temer will leave on Friday to India to participate in the eighth Brics Summit and then to Japan to attract investment.

According to Temer's spokesperson, Alexandre Parola, on Thursday, the President's Asia visit will be an opportunity for the government to show "a new Brazil" of "investment

Australia's economy displaying resilience: Moody's

​Sydney, Oct 12 (IANS) Australia's economy is continuing to display resilience to commodity price declines, however external financing risks do linger, global ratings agency Moody's Investor Services said on Wednesday.

New York, Oct 7 (IANS) Snap Inc -- the parent company of popular photo-sharing messaging service Snapchat -- is considering an initial public offering (IPO) that can value the company at $25 billion or more, media reported on Friday. According to Wall St

​New York, Oct 7 (IANS) Snap Inc -- the parent company of popular photo-sharing messaging service Snapchat -- is considering an initial public offering (IPO) that can value the company at $25 billion or more, media reported on Friday.

Snapchat planning $25 bn IPO

New York, Oct 7 (IANS) Snap Inc -- the parent company of popular photo-sharing messaging service Snapchat -- is considering an initial public offering (IPO) that can value the company at $25 billion or more, media reported on Friday.

Samsung's operating profit rises despite Note 7 recall

​Seoul, Oct 7 (IANS) Samsung Electronics saw its operating profit rise in the third quarter despite a global recall of Galaxy Note 7 smartphones, the company said on Friday.

The South Korean tech behemoth posted 7.8 trillion won ($7 billion) in its preliminary figure for operating profit during the July-September period, up 5.55 per cent from the

Pill to prevent Alzheimer's disease in the offing

New York, Oct 8 (IANS) A pill that prevents the accumulation of toxic molecules in the brain and can help prevent or delay Alzheimer's, can be the next target in the fight against the neurocognitive disease, according to US scientists.

GST poised to boost India's medium-term growth: IMF

​Washington, Oct 7 (IANS) Citing the example of the proposed pan-India Goods and Services Tax (GST), the IMF on Friday said the country has shown that progress on reforms could attract investment and boost prospects of India's medium-term growth.