'A positive oil shock has a detrimental effect on growth and activity.'
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
'The temptation of governments, to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government.'
Analysts say the sell-off in risky assets will be temporary and could be a buying opportunity for long-term investors.
Will Greece manage to pay euro 1.5 billion to IMF?
Trump is accompanied by First Lady Melania, daughter Ivanka, son-in-law Jared Kushner and the top brass of his administration.
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India's share of 2015 emerging market allocations will be driven by FII perceptions on likely growth and reform.
Iran is preparing for a trade and investment boom that could reshape the region after agreeing with world powers to curb its nuclear programme, paving the way for sanctions that have stifled its economy to be lifted.
Indian indices fell more than those of most other emerging markets.
Emerging markets and Asia may be first in the firing line
The move, which could come as a surprise to many investors, was a nod to better prospects for economy and labor market
Rosneft bought a 49 per cent stake in Essar Oil's refinery port and petrol pumps, while Netherlands-based Trafigura Group Pte, one of the world's biggest commodity trading companies, and Russian investment fund United Capital Partners split another 49 per cent equity equally.
Palestinians, who protested massively along the Gaza border clashed with Israeli forces.
The government is scheduled to release index of industrial growth for November and consumer price inflation for December later today.
They bent rules. Shut down haters. And inspired many with their successes. Let them inspire you too!
The ecosystems of India and China today jostle against one another across Asia and much of the world.
Continued outflows amid moderation of domestic investments are a concern
The nomination would put Yellen on course to be the first woman to lead the institution.
Many factors leading to the 2008 financial crisis still exist.
India will welcome two trade missions in 2015 focused on meeting its infrastructure needs with US technology and services.
Venkaiah Naidu said 'let there be a discussion... November 8 is a historic day'.
It was a year of stocks shining bright when it comes to adding to the investors' wealth, and the glitter of gold and silver fading for the second straight year in 2013.
Greek proposals hailed as "a positive step forward".
The United Kingdom has voted by 51.9 per cent to 48.1 per cent to leave the European Union after 43 years in an historic referendum.
Some type of global shock adds to the allure of the dollar.
'We are allowing FDI on the terms of the investors, multinationals.' 'We bow down to whatever they say.' 'When they say you open this sector, we open that sector.'
US President Barack Obama on Sunday affirmed his commitment to enhancing India's 'voice and vote' in global financial institutions like IMF.
Dr Swarnim Wagle, the official behind Nepal's reconstruction strategy, speaks to Patrick Ward.
Global brokerage firm CLSA is positive on India's growth stroy.
No country has achieved a faster, deeper modern transformation than China, says former ambassador Kishan S Rana.
Without reforms to boost returns for multinational capital, Narendra Modi's 'Make in India' campaign will face testing times.
India Inc has few leaders who are likely to grab headlines in 2015.
'As the interest rates rise, people are going to say why should I be taking big risks when I can get 4 to 5 per cent in a bank account.' 'So, I think you have to change your thinking.' 'You need to look at the balance sheet, look at dividends.' 'These issues that have been ignored.'
Petroleum and Natural Gas Minister Dharmendra Pradhan speaks to Sheela Bhatt/Rediff.com.
The 15-member body called for enhanced actions, from closing financial system loopholes to stopping the abuse of charitable causes, as well as updating the existing IS and Al Qaeda sanctions list.
Richard Clarida's recent paper could be key for policymakers in deciding whether India should move to an 'inflation targeting policy regime', says Vivek Dehejia.
They believe that long-term story is intact.
Every year Fortune honours 10 innovators, groundbreakers and game changers as 'Most Powerful Women Entrepreneurs'.
U.S. economic growth braked more sharply than expected in the first quarter.
Since 2000, China has had the world's largest outflow of HNIs.
