Four reasons behind UK leaving European Union

'Now Britain will no longer be bound by the EU’s regulations to take any more refugees' 'The common Britisher thought that they were losing power as a country'  'If one State......

Will Tamil Nadu vote for freebies and pre-poll promises or true deliverables?

Pre-poll promises by parties, including state-wide prohibition and freebies that observers contend are economically unwise, may well decide the political future of Tamil Nadu. But what are these......

'Our aim is to give a devastating blow to both Modi and Rahul'

"This is not like any other election, nor is it just a local election. Varanasi is going to create history that will change the political destiny of the country,” AAP leader Arvind Kejriwal,......

How measly spending may jeopardise India's security

The allocation in the defence budget is inadequate to meet India’s long-term threats, especially from China and Pakistan, says Gurmeet Kanwal. The funds allotted for defence expenditure by......

India Inc's fundraising from overseas falls sharply in Sep quarter

Foreign currency loans raised by Indian companies nosedived to $210 million in the September quarter (Q2), 93.3 per cent less than the year-ago period when five firms raised $3.1 billion.......

Rupee loses 10% vs USD over a year, FX reserves fall to near 2-yr low

The rupee has depreciated 9.7 per cent against the US dollar over a year and with the RBI stemming the rupee’s weakness through dollar sales, its reserves have dropped to their lowest levels......

India's valuation premium to emerging market peers at five-month high

A sharp rally in domestic stocks from June lows has once again rendered Indian markets expensive to their emerging-market (EM) peers. Illustration: Uttam Ghosh/Rediff.com The 12-month forward......

Rupee at 80: How top Indian companies hedged themselves for dollar

Reliance Industries, the Tata group, Bharti Airtel and Aditya Birla are among Indian conglomerates that have hedged their revenue and costs linked to the US dollar, giving them financial cover as......