India's numbers have shown a reasonable amount of improvement.
Also keenly watching inflation numbers, with wholesale inflation data expected today
A sovereign bond float continued to be among the range of options to address the current account deficit (CAD), Finance Minister P Chidambaram said on Tuesday, even as former Finance Minister Yashwant Sinha asked him to tell Parliament the Centre would not countenance that measure.
While gold fell by Rs 400 to Rs 28,000 per 10 grams, silver plunged by Rs 1,500 to Rs 43,100 per kg on poor offtake.
Summers dogged by controversies over past views
The nomination would put Yellen on course to be the first woman to lead the institution.
The next round of bad news could come from Europe, where banks in a number of economies such as Italy, Portugal and Greece are sitting on mountains of bad loans.
Rajan also said it's a problem of collective action and not a problem of industrial nations or emerging markets
Based on the GDP numbers and the remarkable stability of the taka Bangladesh's Prime Minister, Sheikh Hasina, is a better manager than our 'economist prime minister',' says TVR Shenoy.
The Federal Reserve must now ensure that higher inflation doesn't derail the US recovery.
Central bank raises red flag, warns of potential risk
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The broader markets traded positively with mid-caps and small-caps rising 0.5 per cent each on the BSE.
In India we have to be careful not to copy any level of dependence on the financial sector and infatuation with the get-rich-quick syndrome, says Jaimini Bhagwati.
For one thing, US Fed Chairman Ben Bernanke was perhaps right in postponing the quantitative easing taper even though the markets had complained at that time that they were primed for some reduction in QE3 and the Fed had missed an opportunity to execute their plans without causing too much of a flutter.
They believe that long-term story is intact.
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