The swollen Seine receded on Sunday, but between flood damages, strikes and terror fears, France was firmly stuck in the doldrums just five days before the Euro football tournament. Thick grey clouds hung over Paris as the muddy Seine slowly inched back from a three-decade high that saw it burst its banks in places, forcing the Louvre and Orsay museums to shut their doors to evacuate priceless works. But while crowds thronged to photograph the river -- Paris's star attraction this weekend -- residents in nearby towns picked through their devastated homes, with insurers estimating damages of at least 600 million euros ($681 million). Several towns remained on alert after the floods left four people dead in the Paris region this week, and over 11,000 homes were without electricity. In Paris several metro stations remained shut as a precaution.
A majority of economists predicted RBI Governor Raghuram Rajan would leave policy rates unchanged on Tuesday and expected a dovish commentary, as crude oil prices and inflation cool off.
While stating that a strong government should be led by those who have expertise, motivation and integrity and can provide the needed public good, Rajan warned that "strong governments, may not, however, move in the right direction".
On the Digital India initiative, Pichai said India was undergoing its own revolution
As 2018 draws to a close and the white noise of 24-hour news cycles and Twitter storms fade into the background, it is already clear that history will remember only a handful of those people, each of whom has taught us something about ourselves and the rapidly changing world in which we live.
In the United States, economic data is likely to take a back seat next week.
Nothing, according to Deepak Lal. He argues that the contemporary attempts to control immigration in the US and UK are not nativist.
Gujarat University Vice-Chancellor M N Patel revealed the MA results of Narendra Modi at an impromptu press briefing at his house.
Fall of rupee is not necessarily a bad thing as it will support exports which will help bridge the gap in current account deficit, Chief Executive Officer of Nordea Asset Management Company Allan Polack said.
'There is no Buddha or Gandhi among countries, existing for the service of others; they all exist for the good of themselves.' 'For each country, its own interests should be paramount, and it is futile and churlish to expect China to be an exception to this rule,' says B S Raghavan, the distinguished civil servant and long-time China-watcher.
The broader Nifty also succumbed to the pressure before recovering to close lower by 6.35 points, or 0.07 per cent at 8,693.05
He is a member of the Board of Directors of Whirlpool Corporation, Pearson and Qualcomm Incorporated.
News of all that's transpired on and off the football field
There is discrimination against women in insurance cover. As a flood of insurance companies tap the capital markets with public issues, there is however, hardly any reference to this asymmetry. Subhomoy Bhattacharjee reports
Skittish investors snapped up gold and other safe-haven assets amid fears of a global economic slowdown
Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march.
Ajit Balakrishnan on understanding the anti-cash chorus.
The latest acquisitions are a strategic move to establish Zomato's presence in central and eastern Europe.
The rise in US interest rates and associated change in the direction of capital flows, the fall in oil prices and the slowdown in China will dominate the markets, say Abheek Barua and Bidisha Ganguly
British PM Theresa May said the threat level in the country will remain at critical and that 1,000 army troops have been deployed to boost security.
The dollar has fallen not just against commodity-linked assets but against other asset prices.
A mother-daughter duo is working tirelessly to revive the art and empower rural artisans too.
News of all that's transpired on and off the football field.
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.