Swiss National Bank shocked the currency markets on Thursday by abolishing their currency -- franc's three year-old cap of 1.20 per euro
The question is no longer whether he will win 2019; it's what he will do with the new status, says Shekhar Gupta.
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Economy still faces many challenges and 'relatively big' downward pressures such as increasing difficulties for businesses and the emergence of economic risks, the Central Economic Work Conference said.
News of all that's transpired on and off the football field
Park only savings that need not be touched for many years, says Devangshu Datta.
On India achieving higher growth, Rajan said 9 per cent, which is the widely believed potential growth rate of the economy, is still some time away.
Stanislas Wawrinka will bid to break the 'Big Four' strangle-hold on Grand Slam silverware after edging Tomas Berdych 6-3, 6-7(1), 7-6(3), 7-6(4) in the first semi-final.
Army was on Friday called in for deployment in eight districts of Haryana after one person was killed and 21 were injured in police action as Jat stir for quota turned violent and the rampaging mobs set ablaze the house of state's Finance Minister besides several government and private properties.
While Manmohan Singh had to deal with high oil prices, inflation and trade deficit, Narendra Modi is lucky as major threats have receded, says T N Ninan.
Three major central banks have hit the zero limit, the Fed, the European Central Bank and the Bank of Japan.
Slowdown persists in China. India's GDP estimates for 2015-16 are liable to be pared; projections for 2016-17 are lacklustre.
Mallikarjun Kharge showed that when the hour was on hand, he was the man, says Mohan Guruswamy
New data is puzzling as these aren't corroborated by other data
While the judiciary remains our most trusted institution, it should debate its internal health, argues Shekhar Gupta.
To cut interest rates, the central bank head has to open up a debate on inflation target revision.
The policy statement by the RBI governor is also expected to be upbeat.
Stung by an improved New Zealand the other night, a wary India would like to quickly get their house in order when they square off with Kane Williamson's boys in the third ODI in Mohali on Sunday. While the six-run defeat in Delhi has given India plenty to ponder about, it has also renewed interest in the contest which had been dominated by the home team prior to Thursday, stretching from the one-sided Test series to the first ODI in Dharamsala. From the New Zealand point of view, a victory was all that they needed after a string of deflating defeats. As a result of their first win on Indian soil in 13 years, one can expect a certain spring in the stride of the visitors when they take the field at the PCA Stadium in Mohali.
As fuel prices continue its northward march with petrol and diesel being sold at Rs 80.73 and Rs 72.83 per litre in the national capital, at least 21 opposition parties, led by the Congress have staged a Bharat Bandh protesting the rise in fuel prices and depreciation of the rupee.
For 20 years, the stock market headed nowhere, and this has created permanent aversion.
The upbeat earnings from Reliance Industries will set the tone for the truncated week ahead
In 2015, the Reserve Bank of India cut interest rates by 125 basis points to 6.75 per cent.
Supported by slightly stronger global growth, improving export competitiveness and implementation of recently approved investment projects, India's growth is expected to recover from 4.4 per cent in 2013 to 5.4 per cent in 2014, the IMF said.
Fiscal situation better but spending cuts likely in FY16 too.
'Everyone confuses GDP to be a measure of output, when it is actually a measure of income.'
Some analysts argue that Beijing has been too cautious in lowering rates and freeing up cash in the banking system, keeping real interest rates too high given low returns on investment.
The party needs to fight competition not by acting like others, but by finding a strong narrative of its own.
For India, it is business as usual with the government muddling along.
Euro-zone growth could improve because of (a) reduced pace of fiscal tightening and (b) stronger exports, but weak domestic demand and a fragile banking system could increase deflation risks that could force the European Central Bank to turn further accommodative.
Arthur J Pais, who has covered the Toronto International Film Festival for Rediff.com for 13 years, glances at the buzz-worthy movies at TIFF 2014.
Sales expansion also down 4.4%
The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.
India must reckon with the possibility that it will struggle to attract higher overseas investment.
The non-oil, non-finance sector of the economy is under severe stress.
Nifty ends above 8,400; TCS, HDFC surge 2%, Bajaj Auto dips 2%.
Veteran Drogba showed that he still has a lot of steam in him as he scored in Chelsea's win over Spurs, while Aguero continued to top the goal-scorers' list this season, finding the net for City. Images from the EPL matches played across England on Wednesday.
Laughter was a component of Parmeshar Godrej's large-hearted Punjabi spirit, recalls Sunil Sethi.
The year 2015 may well turn out to be a watershed in global macroeconomic adjustment.
Japan's economy unexpectedly slipped into recession in the third quarter, setting the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax hike and call a snap election half-way through his term.
