Greek crisis is coming at a time when India is short of hard news on the domestic front.
Despite the Indian government's recent efforts anecdotal evidence indicates that there has been little change in the extortionist behaviour of a significant proportion of tax and police officials, says Jaimini Bhagwati.
As the global economy sways into uncertain territories and domestic prices almost certain to rise, Raghuram Rajan's ideas would have come in handy.
A smartly executed reform-recap will be the best booster for the economy, says Ajay Chhibber.
The fuzziness of Trump's economic blueprint remains the biggest risk.
US President Barack Obama on Sunday affirmed his commitment to enhancing India's 'voice and vote' in global financial institutions like IMF.
Markets in countries whose economic fortunes were closely linked to China's growth tumbled.
The Russians had appealed their exclusion from the Games by the International Olympic Committee (IOC) over the doping scandal from the 2014 Sochi Games.
A government can't just take away public money, and the RBI can't extinguish its liability. 'The RBI has to honour the value any time a person with legal and taxed money lays claim on the value.'
US job growth increased at a fairly brisk clip in October and the unemployment rate fell to a fresh six-year low of 5.8 per cent, underscoring the economy's resilience in the face of slowing global demand.
The rupee may also gain against the euro but be prepared for a snapback in the euro as Greece resolves.
Shanghai's benchmark share index plunged below 4,000 points for the first time since April
Neither India nor China will be badly affected by Grexit.
Rosneft bought a 49 per cent stake in Essar Oil's refinery port and petrol pumps, while Netherlands-based Trafigura Group Pte, one of the world's biggest commodity trading companies, and Russian investment fund United Capital Partners split another 49 per cent equity equally.
Germany is now sitting on a mountain of savings.
India's foreign exchange reserves are at an all-time high.
Iran signed a $3 billion deal with Boeing, backed Qatar against the Saudis, scored a big victory in Syria and reached out to Hamas. Ambassador M K Bhadrakumar examines how the Qatar versus Saudi Arabia standoff is quickly changing alignments in the Middle East.
Despite the various steps taken by the central bank, the pressure on the rupee has continued, which is mainly due to global factor
He wants Jaitley to give investors more clarity on policies
Weaker-than-expected growth in US jobs in recent months had already forced US central bankers to put off a rate hike at their meeting last week
With rest of the world showing no signs of growth and headwinds ahead for US growth, chances are that we might continue to see central banks pumping money into their economies
India's growth, he said, remains resilient with low inflation, fiscal prudence and low current account deficit, talking about robust structural reform measures.
Economists warn of the impact that a Fed rate rise could have on emerging economies.
RBI might not cut rate on June 2 but will surely cut soon.
'...and defensive until the global macro headwinds turn more benign.'
RIL, HDFC twins, M&M, Infosys among the top losers for the day.
Rediff.com lists those sportsmen who have been accused of 'sleeping with the enemy'
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
Financials are the top gainers along with index heavyweights.
Higher interest rates in the US do not necessarily coincide with capital outflows.
As it is a highly liquid asset, central banks can afford to look past its short-term volatility to longer-run average returns.
The government could carry out the demonetisation exercise over periodic intervals along with its surprise element, says Soumya Kanti Ghosh.
The deal would involve Pfizer paying with 11.3 of its shares for each Allergan share.
India needs to strengthen its economic growth, says IMF.
Never one to mince words, Rajan will walk away with a mixed legacy
No country has achieved a faster, deeper modern transformation than China, says former ambassador Kishan S Rana.
'We have seen in India that radical ideology has by and large not been successful in taking root.'
'I went to slums in India which were quite destitute, where people were clearly really struggling, but typically there is a sort of sense of purpose.' 'People are hustling.' 'What that tells you is that if the country was so organised in a way to give these people opportunity, then they would make something of it.'
Since 2000, China has had the world's largest outflow of HNIs.
