The IMF dashed any hope that Athens could avert default.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
China has cast a long shadow on India's economy.
In dollar terms, however, gold prices jumped by 26 per cent this calendar year, following sharp jump in hedge funds' long position
The more competent junior or the outsider with experience in the field should get the higher post.
Investors turn their attention to export-driven sectors.
The post-crisis debate on capital account management focuses on matching instruments with vulnerabilities.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
The impending default on the IMF loans leaves Greece sliding towards an exit from the euro.
A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the top five MPs are illustrative of how the political stock of the wealthy is increasing rapidly.
'A positive oil shock has a detrimental effect on growth and activity.'
Modi cannot afford to fail the Indian people and in return the Indian people cannot fail Modi. There is too much riding on this equation for failure to be an option. There is too much invested in this relationship for it to splinter, says Vivek Gumaste.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
Weaker-than-expected growth in US jobs in recent months had already forced US central bankers to put off a rate hike at their meeting last week
The Forbes 5th annual '30 Under 30' list features 600 women and men.
IIM-B, professor R Vaidyanathan talks to Shobha Warrier about black money, Mudra Bank and Jaitley's Budget.
The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual discourse. The development priorities and agenda which was hitherto set by western experts responding mostly to western priorities and notions will now have to compete with an intellectual tradition that is and can be very different, says Mohan Guruswamy.
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
Andhra Pradesh now comes third in ease of doing business.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
Arvind Subramanian talks about US and China's power play and where India figures in these dynamics.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
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