While the country imposed limits, it also eased and simplified other restriction to attract foreign inflows. This is done to plug record current account deficit.
His successful piloting of the move to strip Jammu and Kashmir of its special status is undoubtedly the highlight of his ministerial stint since the Modi 2.0 government assumed office on May 30.
The Reserve Bank of India on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy faces heat of the second Covid wave.
One of the four major branches of Syria's security forces, the Syrian Political Security Directorate, was designated for engaging in the commission of human rights abuses in Syria.
The finance minister could well be on her way to setting a record of achieving the biggest single-year reduction in the government's fiscal deficit, explains A K Bhattacharya.
Corporate revenues will decline for a third consecutive quarter in March on a YoY basis - one of the worst shows by these companies in many years.
US President Barack Obama imposed fresh financial sanctions on North Korea and its senior officials in America's first public retaliation against the "provocative" cyber-attack on Sony Pictures.
Goldman Sachs report says company might buy back shares.
Trump returned to the briefing room minutes later, confirming a shooting near the White House and assured the reporters that things were under control.
The finance ministry on Wednesday said the government will borrow Rs 4.34 lakh crore in the second half of the current fiscal to meet its expenditure requirement amid COVID-19 crisis afflicting the country's economy.
The strange allegation by UAE officials is noted in a State Department cable, which reports the details of a meeting between officials of the US Treasury Department and those of UAE's State Security Department (SSD) and Dubai's General Department of State Security to discuss suspected Taliban-related financial activity in the UAE.
New Assam Chief Minister Himanta Biswa Sarma Monday said controlling the 'alarming' COVID-19 situation in the state is his first priority and his aim will be to make the state one of the top five in the country in the next five years.
The cases have been registered in Lahore, Gujranwala and Multan for collection of funds for terror financing through assets/properties made and held in the names of Trusts/ Non Profit Organisations including Al-Anfaal Trust, Dawatul Irshad Trust and Muaz Bin Jabal Trust.
More than 10 speakers made their case during the no-confidence vote, the first faced by the Narendra Modi government. Here's a selection of the best speeches.
French stocks, particularly those exposed to the country's large tourism sector, are likely to suffer the biggest falls
A United States official is set to hold talks in the United Arab Emirates, Bahrain and Lebanon this week on sanctions imposed by the United Nations Security Council on Iran over its nuclear programme.
Is the worst over for Indian banks? The past two years saw them ride on treasury trades as deposits soared and credit growth dipped sharply. Gross and net non-performing assets (NPAs) moved south, and the provision coverage ratio (PCR), capital buffers, and profitability indicators are back at pre-pandemic levels. So, what's the plot ahead?
The move may release funds locked in government securities and add to liquidity. With inflation expectations lowered, this should not impact bond sentiment in the short run
With the Rs 1.45 lakh crore tax dole threatening to upset budgeted numbers, Economic Affairs Secretary Atanu Chakraborty sought to allay concerns saying the government is sticking to the glide path of keeping fiscal deficit at 3.3 per cent of the GDP in the current fiscal.
United States President Barack Obama appointed Denis R McDonough, one of his top foreign policy advisors and longtime trusted aide as his next Chief of Staff.
Given the dimensions, it is bound to have at least ripple effects across markets. Could ripple turn into cascade? asks Devangshu Datta.
Significant investors in government bonds FIIs have been net sellers since May 22.
India imports 1.2 billion barrels of oil, and oil prices are falling, falling...
The United States has slapped sanctions on Iran's ministry of intelligence and security for its alleged support to terrorism, participation in the ongoing repression in Syria and human rights violations against its own people.
While the likelihood of these states going the Lanka or Greece way may be an alarming assessment, the financial situation of some states such as Punjab and West Bengal is indeed quite weak.
Strict lockdown-like restrictions are already in place in the southern stateand the Pinarayi Vijayan government decided to clamp the complete shutdown in the wake of severe spike in the positive cases.
Chinese President Hu Jintao on Friday hailed the "positive results" of the latest round of Security and Economic Dialogue between China and the United States which was held under the shadow of a dissident seeking refuge in the American embassy in Beijing.Hu lauded the talks and appreciated the "excellent work" of the teams from the two countries when US Secretary of State Hillary Clinton and Treasury Secretary Timothey Geithner called on him.
Barack Obama on Thursday named Mary Schapiro, head of the securities industry's self-regulatory body, as chair of the Securities and Exchange Commission.
The country has its own triangular flag with an emblem of Paramashiva and Nandi and is called the 'Rishabha Dhvaja'.
It is time for the three finance ministers of the 1990s to reveal the real hero, says T C A Srinavasa-Raghavan.
Top gainers in the Sensex pack included Infosys, Bajaj Finance, Maruti, HUL, HCL Tech and Reliance Industries, while M&M, IndusInd Bank, ITC, PowerGrid and L&T were among the losers. The NSE Nifty settled 190.80 points, or 2.51 per cent, down at 7,801.05.
'Indian markets may initially react and follow the pattern of US and other global markets post US elections.'
'We appreciate his positive evaluation of the relationship and share his optimism about its future directions.' 'We look forward to welcoming him in India next week for detailed discussions on further strengthening of our partnership,' the MEA said on Friday.
'Quality of management, corporate governance, allocation of capital, full disclosures should form the basis to decide investing in a particular stock.'
The United States public debt is the money borrowed by the federal government of the United States at any one time through the issue of securities by the Treasury and other federal government agencies.
'After a ten year search, the so-called 'mastermind' of the Mumbai Terror attacks has been arrested in Pakistan. Great pressure has been exerted over the last two years to find him!' said Trump who is scheduled to meet Khan at his Oval Office on Monday, July 22.
Compared to equity funds, debt funds are lower risk profile and are usually suitable for investors for very short term.
As many as 40 staffers, in the key equities and investment banking division in India, could be asked to go as part of the London-headquartered lender's global layoffs, said people aware of the development. HSBC India declined to comment.
'The question often being asked is whether the demand for petrol and diesel is price inelastic?' asks Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.
Qureshi urged for unity among political parties in Pakistan on Kashmir and warned that doing politics on the issue would harm the cause.
