Beijing deserting Russia? Two Chinese banks suspend business with Moscow

Despite sharing strong ties with Russian President Vladimir Putin and criticising the West over the sanctions against Russia, China's President Xi Jinping has not stepped in to help Moscow. IMAGE:......

Sri Lanka: 'Political stability must be restored'

'For the common man, the economic conditions are not going to get better.' IMAGE: Sri Lankans queue to buy cooking gas in Colombo. Photograph: Dinuka Liyanawatte/Reuters Dr Dushni Weerakoon is an......

Modi and Nehru Are Similar, Yet...

Modi's critics will say that he has put up cement and steel structures, but weakened the institutions of governance whereas Nehru strengthened them, observes T N Ninan. IMAGE: Prime Minister......

India to get $ 1.5 bn loan from ADB to buy Covid vax

The Asian Development Bank has approved a US$ 1.5 billion (around Rs 11,185 crore) loan to India for COVID-19 vaccine procurement. IMAGE: A beneficiary receives a dose of Covid-19 vaccine in......

Crude calculations on a Russian oil price cap

Come December, India may have to re-evaluate purchases of Russian oil if a price cap on crude oil proposed by the US and the European Union (EU) comes into effect. Photograph: Amit Dave/Reuters......

'Our most important client is India'

'We actually have a problem because there may be too much activity in India.''Markets don't like too much concentration. But we are very happy with our collaborations in India.' Illustration:......

All about the Infrastructure Finance Secretariat

During his first Union Budget in July 2014, former finance minister Arun Jaitley announced the setting up of an institution called 3P India, with an allocation of Rs 500 crore. Illustration:......

'Over The Long Term, Equities Are The Best Inflation Hedge'

'Recent underperformance notwithstanding, equities should constitute a major part of investors' financial portfolio.' Illustration: Dominic Xavier/Rediff.com Over the past few months, global......