AFP, WASHINGTON : The US unemployment rate fell to an eight-year low of 4.9 per cent  but hiring slowed in January, fresh evidence of the US economy hitting a soft patch. But there were enough signs of persistent strength in the Labor Department’s January jobs data Friday to fend off the…

AFP, BEIJING:  While hundreds of millions of his Chinese compatriots pack into planes, trains, and automobiles to return to their ancestral homes…

AFP, NEW YORK:  Argentina’s new government has offered $6.5 billion to settle its long debt battle with “holdout” creditors, the…

Bangladesh, Iran and Sri Lanka have sought help from the Indian Railways to implement IT solutions in ticketing and asset management, reports The Hindu…

Cumbersome process of approval of licenses, permits, recommendations are some of the reasons for increasing cost of doing business and delay in business start up in the country.  Most of the new business entrepreneurs do not know how to approach for permissions because of absence of information…

PTI, Washington: A Fortune 500 energy company in the US has been accused of replacing American employees with low-wage H-1B workers, including Indians.  In a letter to US Attorney General Loretta Lynch, Democratic Senator Richard Blumenthal asked the Justice Department to investigate allegations…

AFP, NEW YORK:  Oil prices dropped Friday, leaving the market lower for the week, as a prolonged supply glut weighed on sentiment. US benchmark West Texas Intermediate (WTI) for delivery in March fell 83 cents to $30.89 a barrel on the New York Mercantile Exchange. In London, Brent North Sea crude…

Iftikhar-uz-zaman has recently joined Investment Corporation of Bangladesh (ICB) as managing director, a press statement said  yesterday.  Before…

AFP, RIO DE JANEIRO:  Brazil's inflation rate rose to 12-year high, officials said Friday, as the world's seventh-largest economy continued to struggle through a protracted recession. Driven by rising food prices, the annual inflation rate hit 10.71 per cent, the highest since November…