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Chidambaram to attend ADB meet, to leave for Kazakh on May 2

Finance Minister P Chidambaram is leaving for Kazakhstan on May 2 to attend the annual meeting of the Asian Development Bank. The minister would be accompanied by Finance Secretary Arvind Mayaram......

India eyes loans from China-led Asian Investment Bank

India, the bank's second biggest shareholder after China, is looking to borrow from the AIIB. Image: India eyes loans from AIIB. Photograph: Reuters     India hopes to receive one of......

India will grow at 7.8% but few factors can spoil the show

The Asian Development Bank (ADB) today retained its India GDP growth projection for 2015-16 at 7.8 per cent, but cautioned that delay in reforms relating to land acquisition and GST could hamper......

Will BRICS bank break the monopoly of IMF, World Bank?

The formation of the New Development Bank by the Brazil Russia India China South Africa nations along with the formation of the Asian Infrastructure Investment Bank will break the monopoly of the......

BRICS bank to start lending in local currency by April: Kamath

The New Development Bank, set up by five BRICS nations, including India, will start lending in local currency by April next year and member countries will primarily be the focus of credit facility,......

New Development Bank to set its own standards; no rivalry issues: Kamath

Setting "ambitious targets" for himself as the first chief of $ 100-billion New Development Bank (NDB), eminent banker K V Kamath on Wednesday said it will bring about a change in the way......
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Sensex plunges over 1,000 points over Brexit

Mumbai:The BSE Sensex closed well off day's lows after the benchmark index slumped nearly 1,100 points, tracking a selloff in global markets after... ...

http://www.siasat.com/news/black-friday-sensex-plunges-1000-points-brexit-977756/
BREXIT BRINGS OUT THE BEARS

Britain's surprise vote to exit the European Union (EU) sent shockwaves across markets and created uncertainty for the global economy. A 52:48 per... ...

http://smartinvestor.business-standard.com/market/Marketnews-392892-Marketnewsdet-BREXIT_BRINGS_OUT_THE_BEARS.htm
China says AIIB should work closely with World Bank, others

BEIJING: Chinese Vice Premier Zhang Gaoli said on Saturday that the China-lead Asian Infrastructure Investment Bank should forge close partnerships... ...

http://economictimes.indiatimes.com/news/international/business/china-says-aiib-should-work-closely-with-world-bank-others/articleshow/52911098.cms
Cataclysmic shock, but here's what India mustdo

This summer is turning out to be an extremely eventful one. Britain has voted to leave the European Union—a result that appears to have been... ...

https://in.news.yahoo.com/brexit-cataclysmic-shock-india-must-005900917.html
British vote on leaving the EU rocks world financial markets

World financial markets were rocked Friday by Britain's unprecedented vote to leave the European Union, with stock markets and oil prices crashing... ...

http://www.mumbaimirror.com/news/business/British-vote-on-leaving-the-EU-rocks-world-financial-markets/articleshow/52898458.cms

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