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US aid to Pakistan is no panacea, but neither are sanctions

After weighing all the costs and benefits, the next administration is likely to reduce and restructure assistance to Pakistan but not to end it altogether, says Daniel S Markey. It has never been......

Have zero tolerance for corruption, black money: PM @ G20

Prime Minister Narendra Modi on Monday asked G20 leaders to act to eliminate safe havens for economic offenders, unconditionally extradite money launderers and end excessive banking secrecy,......

PM aims for desi boost for India's military build-up

Excerpts from Prime Minister Narendra Modi's speech at the Combined Commanders Conference on board the INS Vikramaditya at sea, off the coast of Kochi.  IMAGE: Prime Minister Narendra......

Modi and Obama set out to create a model for the world

Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in......

The morning-after principle

Humanitarian intervention has little meaning unless the international community is willing to engage in the aftermath, says Shyam Saran. When the Cold War ended in 1990, the West declared victory......

Selecting next RBI chief: Scrap the committee, use the old system

Sooner the government finalises its choice, the better it will be for ensuring stability in the country’s financial system. With the Reserve Bank of India Governor Raghuram Rajan announcing......

Investors' handbook on demat, universal KYC

Finance Minister Arun Jaitley had in his address at the meeting of the Financial Stability and Development Council asked members to speed up the work on a single demat account and uniform know your......

G-20 acknowledges India's concerns on currency volatility

Taking on board India's concerns, the G-20 Summit on Friday acknowledged that excess volatility of financial flows and disorderly movements in exchange rates can affect economic and financial......

Govt, regulators agree on FSDC structure

The government and financial sector regulators buried their differences on the proposed Financial Stability & Development Council (FSDC) after Finance Minister Pranab Mukherjee offered the Reserve......

Economic system still to stabilise: Y V Reddy

India is now between the end of a financial crisis and a bouncing back of the economy, and the search for a new normalcy is still on, according to former Reserve Bank of India governor Y V......

'New ICC resolution will pave way for stability in world cricket'

The Board of Control for Cricket in India president N Srinivasan, who is set to take over as the new ICC chairman, said his prime focus during his tenure would be to make all the three formats of......
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China c.bank to hold off on tightening to meet growth target - sources

By Kevin Yao BEIJING (Reuters) - China's central bank will hold off on further monetary policy tightening and could even slightly loosen its grip... ...

http://www.sify.com/finance/china-cbank-to-hold-off-on-tightening-to-meet-growth-target---sources-news-others-rg2rfkbhdeigj.html
Australia's central bank frets on financial stability as household debt mounts

SYDNEY (Reuters) - Australia's central bank has stuck to its upbeat tune on economic growth, but heightened concerns about financial stability... ...

http://www.sify.com/finance/australias-central-bank-frets-on-financial-stability-as-household-debt-mounts-news-real-estate-rguiFlhdfbebg.html
UK Stocks-Factors to watch on June 16

June 16 (Reuters) - Britain's FTSE 100 index is seen opening up 15points at 7,434 on Friday, according to financial bookmakers. * BHP: Mining giant... ...

http://www.sify.com/news/uk-stocks-factors-to-watch-on-june-16-news-environment-and-nature-rgqlucehebgef.html
Swedish government softens plans for higher bank bailout fees

STOCKHOLM (Reuters) - Fees that Swedish banks pay into a bailout fund will rise next year but then taper off, the government said on Thursday,... ...

http://www.sify.com/finance/swedish-government-softens-plans-for-higher-bank-bailout-fees-news-default-rgiqwleadeagh.html
ECB triggers overnight Santander rescue of Spain's Banco Popular

By Jesús Aguado and Francesco Guarascio MADRID/BRUSSELS (Reuters) - European authorities stepped in to avert a collapse of Spain's Banco Popular... ...

http://www.sify.com/finance/ecb-triggers-overnight-santander-rescue-of-spains-banco-popular-news-economy-rghqwwcafhbhc.html

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