Several nations have in the past borne the brunt of mounting debt arising from organising mega events like the Olympics.
With the liquidity situation in India likely to be a little tight in the days and months ahead, the surveyed economists believe that the Reserve Bank of India may not raise interest rates in a hurry and ensure enough liquidity in the system to keep the growth momentum going.
Radhika Apte's espionage skills, a quartet of romances in Visakhapatnam and a whole lot of other adventures and thrills, there's tons of action to catch on OTT this week.
While the stock markets across the world have fallen on the back of the credit crisis in Greece and its contagion effect, shipping rates for dry bulk carriers have firmed up since the development.
Here's a glimpse of all that happened around the world last week, in 14 images.
Signalling that the region's economic recovery is weak, the December quarter figures also come at a time when the euro area is grappling with spiraling debt crisis in Greece. In the third quarter of 2009, euro zone GDP rose 0.4 per cent.
Barcelona's Champions League last-16 second leg match with Napoli scheduled for March 18 will take place without spectators due to fears over the spread of the coronavirus, a club spokesman said on Tuesday. The match will take place at Camp Nou after a 1-1 draw in Napoli, but no supporters will be allowed to enter the stadium.
Greek Finance Minister Yanis Varoufakis announced his resignation on Monday, a day after Greeks delivered a resounding 'No' to the conditions of a rescue package.
'But the world would be much poorer without economics' contribution to understanding how societies function and without economists' suggestions as to how politicians might improve them. 'And economists themselves could do wonders by simply incorporating the country-specific factors in their econometric models rather than just applying them in toto," say Soumya Kanti Ghosh and Samir K Jha.
The legislation passed with 230 votes in the 300-seat chamber.
n the broader market, BSE Midcap and Smallcap indices are trading higher by 0.3% each.
The Rio de Janeiro 2016 Olympics countdown got under way on Thursday with the lighting of the torch at the site of the ancient Olympics, with organisers hoping it will shift attention away from Brazil's political and financial turmoil.
The road ahead for the markets in the short term will depend on external factors rather than domestic developments.
India must reckon with the possibility that it will struggle to attract higher overseas investment.
The m-cap of ONGC dipped Rs 13,303.78 crore, while that of Infosys tanked Rs 12,162.32 crore
This compares poorly to other developed markets as the average wealth of a person in Australia has increased by over 100 per cent and in Canada by over 50 per cent in the same period.
India is expected to grow at 7.8 per cent in 2015, surpassing China's growth rate.
Given the current global cues, if the next six months do not turn out to be the way we would want it to, we are definitely looking at a very gloomy start to 2016.
A second vote will be held on Wednesday, on measures including justice and banking reforms, when a similar outcome is expected.
Persistent drizzle and a chill wind sweeping the almost-empty Roland Garros grounds.
Images for Sunday's closing ceremony at the Tokyo Olympics.
India welcomed resolution of the political crisis in Sri Lanka and exuded confidence that relations between the two countries will continue to move on in an upward trajectory.
Sensex seems to be under pressure on weak cues.
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
The local currency had gained 10 paise to close at 63.51.
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.
On Wednesday the countdown had been replaced by the current date - "25-3" for March 25 in the days display - and the current time, after the International Olympic Committee decided to postpone the Games by one year.
The precious metal had gained Rs 335 in the last two days.
Assume that the rupee will trend lower over the next 10 years as India increases overseas sovereign exposures, and your long-term asset allocation should be geared to deal with this trend, suggests Devangshu Datta
Swiss prosecutors have opened a criminal investigation into Jerome Valcke, the banned former FIFA secretary general, and Nasser Al-Khelaifi, the chief executive of Qatar's beIN Media, over World Cup broadcasting deals.
If Aylan Kurdi was a Bangladeshi boy on the border with Assam or West Bengal, would you call him an infiltrator, asks Mango Indian.
The estimates are for a group of 33 nations, including the US and Spain; the number represents 1 in 3 of unemployed people
'Unless we start making the products we need, we cannot become a developed country or call ourselves an economic power.'
Silver also recovered by Rs 515 to Rs 36,750 per kg on increased offtake by industrial units and coin makers.
Rupee is under pressure against the dollar on weak cues.
Silver also recorded a steep fall of Rs 1,550 to Rs 34,450 per kg.
In the United States, economic data is likely to take a back seat next week.
Prime Minister Shinzo Abe and Donald Trump talked by phone for about 50 minutes Friday morning and agreed to 'strengthen cooperation' on fighting the novel coronavirus, but did not discuss postponing the Olympics or holding them without spectators, Japanese officials said.
Portugal erupted into jubilation on Sunday as the country defeated France to win the Euro 2016, its first major international soccer championship.
Silver also fell for the third day.
