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Australia’s new home sales fall

Sydney: New home sales in Australia posted a weak result in July, giving up much of the strength gained in late 2011-12, according to...

‘No Indians or Asians’ job ad triggers outrage

Melbourne: A contractor of Australian Coles supermarket chain has come under fire for publishing a job advertisement. The ad barred Indians or Asians from...

Australia’s unemployment rate steady

Sydney: Australia's unemployment rate stayed at 5.2 per cent in July, the Australian Bureau of Statistics (ABS) announced Thursday.The ABS reported that the number...

Australia’s new home sales rise

Sydney: New home sales in Australia rose for a second consecutive month in June, an association said Monday.The Housing Industry Association (HIA) New Home...

Australian economy recovering slowly

Sydney: Australian economic conditions are at their strongest since September 2011, but the growth rate of future economic activity remains below long-term trend, according...

No service tax on foreign remittances: Indian Govt

New Delhi: The Indian government said Tuesday that remittances sent from overseas will not be liable for service tax charge, putting to rest the...

Time magazine dubs Manmohan Singh ‘underachiever’

Washington: Dubbing Indian Prime Minister Manmohan Singh as an “underachiever” the prestigious Time magazine asks whether the architect of 1991 economic reforms can rouse...

Australian Reserve Bank leaves cash rate unchanged

Sydney: The Reserve Bank of Australia (RBA) Tuesday announced its decision to leave the cash rate unchanged at 3.50 per cent after its July...

Australian mining firm picks Wipro for IT solution

Bangalore: Australian mining firm MMG has selected Indian IT bellwether Wipro Technologies for providing a key IT solution as its key strategic partner, the...

“Rupee will stabilise in around current range”

New Delhi: The Indian rupee, which hit a record low of 56.52 against the dollar last week, is likely to stabilise soon at around...

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