Greece's financial crisis has intensified.
A group of envoys including those from several Europe Union countries and a few Organisation of Islamic Countries (OIC) member states began a two-day visit to Jammu and Kashmir on Wednesday to take a first-hand account of the situation in newly-carved union territory, especially after the recently-concluded local body elections.
The Finance Minister promised a 0.6 per cent reduction in the fiscal deficit every year to bring the deficit to 3 per cent by 2016-17 without raising tax rates.
SBI said it provided credit to Orbital ATK Inc as part of a syndicated deal with other banks.
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
Russia has been grappling with sanctions slapped by the US and its allies over Moscow's invasion of Crimea.
N Ganapathy Subramaniam, chief operating officer (COO), discusses the strategy to concert digital opportunities to larger deals, focus on reskilling own people instead of acquiring a company to get access to skillsets and demand from newer verticals in an interview with Romita Majumdar
Despite all the negative news, markets may not see a major correction or appreciation from the current levels.
56 Indian companies have found a place in the exclusive club of 'The Forbes Global 2000' - 'the biggest, most powerful listed companies in the world'.
Though the NITI Aayog did not give its estimates for the required GDP growth at constant prices, economists pegged it at 9 per cent, a feat not seen since the GDP series was revised with 2011-12 as the base year.
The company held about $12 million worth of FCCBs in SpiceJet. Bank of America-Merill Lynch brokered the block deal for the company, said sources.
The US Fed will decide if it should raise interest rates from near-zero levels first time in a decade.
The global brokerage has also lowered the growth forecast to 6.8 per cent for the 2014-15 fiscal.
The B-school also witnessed new roles in the domain.
While RBI is likely to cut repo rate by 25 basis points on Wednesday, the government is also expected to push reform initiatives like increasing FDI limit in insurance sector in the Budget session, it added.
'The Taj Mahal inspires awe, a timeless testament to the rich and diverse beauty of Indian Culture! Thank You, India,' the US President wrote in the visitors' book and jointly signed it with the First Lady.
According to a research report by Bank of America Merrill Lynch, there has been a sea change in interest in India post the reforms announced last week that included allowing foreign direct investment in multi-brand retail and the civil aviation sector.
'Parsis are brought up with a great sense of the importance of truth and speaking your mind.'
'Where are the funny writers on Indian television and OTT platforms?' 'Where are the sitcoms?' asks Vanita Kohli Khandekar.
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
We celebrate Dassera and regard it as an auspicious day as a day of victory of good over evil! So was 16 December! It is time we regard this day as auspicious as Dassera in future, observes Colonel Anil A Athale (retd).
The meeting with foreign investors assumes significance as the government is undertaking host of reform initiatives to attract investment.
The Friends of Modi initiative is expected to to boost the BJP's vote count by at least 1%.
The year 2020 could see the worst global economic fallout since the Great Depression in the 1930s, with over 170 countries likely to experience negative per capita income growth due to the raging coronavirus pandemic, IMF Managing Director Kristalina Georgieva said on Thursday. Georgieva made the remarks during her address on 'Confronting the Crisis: Priorities for the Global Economy' in Washington, DC, ahead of next week's annual spring meeting of the International Monetary Fund and the World Bank.
A 21-year old Bangladeshi man, who came to the United States aiming to 'destroy America', has pleaded guilty to attempting to carry out a terrorist attack for the Al Qaeda at the Federal Reserve Bank here using a 1,000-pound bomb.
'With running water our two hands play, In and out the colourful soap dances away! It bubbles and froths between our fingers Under our nails it cleans and lingers Then all the soap we wash away!'
According to BofA-ML, the rupee volatility raises near term risk to inflation and to a rate cut this month.
Green bonds refer to bonds issued mainly by power companies to finance energy efficient projects
While JioMart is doing 250,000 orders per day, BigBasket and Amazon pantry are doing 220,000 and 150,000 orders, respectively.
Axis Bank, HCL Technologies, Maruti Suzuki, NBCC and Union Bank are their top five stock picks.
Inflation is likely to peak at 8.7 per cent by end-March and the Reserve Bank is likely to begin tightening its monetary policy from its January policy review itself, a report by Bank of America Merrill Lynch (BofAML) has said.
Fiscal cliff top concern and emerging markets a preferred region for investing, findings suggest.
The task force will look at emerging markets, technology, regulatory and monetary policies, loss of trust in financial services, and financial inclusion.
What the reserves offer for now is improved import coverage of about 13 months, almost double the 2013 level of less than seven months. And, ammunition to arrest a rapid rupee slide, says Anup Roy.
Benefits of demonetisation come at a heavy price for Fintech firms. They will spend a massive amount on securing and reinforcing their cyber security apparatus this financial year. Karan Choudhury reports.
Flipkart has not been able to process with its plans of getting into the grocery vertical and is stuck on running pilots in select cities.
20 CEOs are from the companies based in US.
If global stagflation takes hold, it will force China to accelerate its reforms to float its currency and create a single, independent and market-based financial system. When that happens, the dollar will collapse.
Chintan, an Indian NGO has been chosen for America's first Innovation Award for the Empowerment of Women and Girls.
RBI policy surely cannot impact agflation, in any case.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances