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After Lehman Brothers and StanChart, it's DMK time!

Why is an NRI banker with an MBA from MIT canvassing votes in Madurai?Saisuresh Sivasawamy/Rediff.com A Ganesh Nadar/Rediff.com reports. IMAGE: Palanivel Thiagarajan has a ready smile, and......

'TN's finances are a mess, it's not going to be easy'

'We have about Rs 4 lakh crore debt on a state budget of about Rs 1.5 lakh crore.''We are in a debt two-and-a-half times our annual budget,' says the banker who would have been Tamil Nadu's finance......

The battle between secular India and Bharat

  A left-leaning centralised socialist model has created a shortage/entitlement economy. In fact one of the reasons for India's limited progress is that post-independent India is at odds with......

Lehman Brothers to surrender trading membership of NSE

More than four years after it went bankrupt, the US-based Lehman Brothers has offered to surrender its brokerage membership of the Indian bourse NSE.Once an iconic financial services major, Lehman......

SPECIAL: Little change post the Lehman crisis

Four years ago, Lehman Brothers fell, sending shock waves through the financial system. Credit and lending dried up, many major financial institutions looked vulnerable, and the world economy......

India yet to revert to 9 per cent growth

Lehman Brothers' collapse broke off India's brief run of nine per cent economic growth a year from 2005-06 to 2007-08. The journey to high growth, snapped in 2008-09, was partly restored next year......

Lehman exits bankruptcy; world markets still in doldrums

Nearly three and half years after it went belly-up in September 2008, once-powerful investment bank Lehman Brothers has announced its exit from bankruptcy. A Wall Street behemoth at that time,......

Even domestic demand may fail to curb slowdown

Three years ago, external factors triggered by a collapse of US financial services icon Lehman Brothers led to a massive fall in industrial production. Today, we see a replay of that post-December......
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The sky has not fallen but the UK is facing years of hard labour

LONDON: It is time for Project Grit. We warned over the last weeks of the referendum campaign that a vote to leave the European Union would be... ...

http://www.newindianexpress.com/world/The-sky-has-not-fallen-but-the-UK-is-facing-years-of-hard-labour/2016/06/25/article3499654.ece
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
Global markets take a tumble as London's bridge with EU falls

MUMBAI: The shock European Union referendum result in Britain pummelled stocks and currencies from Tokyo to Toronto on Friday and David Cameron... ...

http://economictimes.indiatimes.com/markets/stocks/news/brexit-global-markets-take-a-tumble-as-londons-bridge-with-eu-falls/articleshow/52910034.cms
Globalisation loses shine in West

Hyderabad: On Friday, it was a Lehman Brothers moment for most of the world as Britons favoured an unexpected decision to get out of the European... ...

http://www.deccanchronicle.com/business/in-other-news/250616/brexit-globalisation-loses-shine-in-west.html
Brexit brings out the bears

UK votes to leave the EU, David Cameron to quit; Indian indices recover after early crash, Rs 1.8 lakh crore wiped out; Rs closes at 67.98; £... ...

http://www.business-standard.com/article/markets/brexit-brings-out-the-bears-116062500046_1.html

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