ECONOMY

Multinational companies may now open international and domestic accounts to handle foreign exchange transactions.

Bharatiya Janata Party's (BJP) imminent leadership comes as world looks at Asia's third largest economy for reforms.

Former Infosys board member Mohandas Pai believes disinvestment can rake in nearly $17bn a year.

Modi comes with a reputation for being pro-business and pro-growth in Gujurat but bigger challenges lie ahead

PAC says £4bn has been drowned in confusion and excessive bureaucracy.

Alliance Boots has claimed it is one of the biggest taxpayers in the UK.

IB Times UK takes a look at three of the most likely candidates who could be finance minister in the Modi government.

MNI Indicator's economist details the challenges Modi faces

Trends and results signify end to coalition politics, long considered an impediment to India's growth.

Narendra Modi's pro-business credentials will attract foreign funds as India seeks to recover from a patch of ailing growth

Bharatiya Janata Party (BJP) is all set to form the next government in India

LSL Property Services says UK rents rose by just 0.6% over year to April 2014.

Passenger traffic has sharply dropped off since the unexplained disappearance of flight MH370.

Construction firms chase profits from spiralling house prices as pace of residential work picks up.

Ukraine offered to pay $4bn to Gazprom if it reduces the price it is demanding from Kiev for gas supplies

Forbes was the youngest person to ever to serve as a Member of the White House's Council of Economic Advisers

Prices of private residential properties fell 1.3% in Q1 2014 after a 0.9% dip in Q4 2013.

Hot favourite to be Egypt's next president calls on the United States to help him fight terrorism and grow the economy

IBTimes UK has learnt that three MPs from the ECOLO party are among the arrests.

Eurozone growth is slower than expected and bank lending still falling across currency area.

Despite a more positive outlook within the UK economy recently, there are still many challenges remaining for SMEs.

Trinity Mirror, publisher of Daily Mirror, has reported an increase in digital ad revenues of nearly 50%.

UAE has showered Egypt's interim government and army with financial aid since the Islamist president was ousted

Labour MP William Bain tell IBTimes UK that the government has to get to grips with the 'crisis'.

Violence swept through Vietnam as rioters attacked industrial sites in protest over China's behaviour in South China Sea.

The London Stock Exchange's latest results also lifted by LCH.Clearnet Purchase.

Japan's consumption tax hike to weigh on growth in the second-quarter.

As London's economy outpaces the rest of the UK, is it prioritising the right property sector?

HMRC and Whitehall are using new measures to calculate tax recovery from five years ago.