New York-based Global Finance magazine recently announced its annual awards for the World's best banks in developed markets. The winners of this year's awards are those banks that attended carefully to their customers' needs in difficult markets and accomplished better results while laying the foundations for future success.
The predictions by the world's biggest wealth manager were based on a statistical model using the results from the previous five tournaments and controlling for factors such as team strength and success in the qualification phase.
Goldman brings more than 30 years of experience in financial, operational and business management.
Services cannot create enough jobs that will match the skill sets of the bulk of the work force, says Nirvikar Singh.
The Economic Survey 2012-13, presented by the Finance Minister P Chidambaram in the Lok Sabha on Wednesday says Indian economy is likely to grow between 6.1% to 6.7% in 2013-14 as the downturn is more or less over and the economy is looking up.
Government-owned banks lead the market by size in the BRIC countries -- accounting for 50 per cent of total banking sector assets in China, 40 per cent in Brazil and Russia and reaching 70 per cent in India.
CARE Ratings, in a report, said it foresees an increase in the retail prices of petrol and diesel in the coming few days, depending on how the oil markets react in the reduction in supply from the cartel.
India needs to cuts interest rates and expand public expenditure if it wants to boost growth rate, says Sunanda Sen.
Bank stability is an ever-more pressing concern for the world's corporations and investors says Global Finance, while announcing the half-yearly update of its ranking of the world's 50 safest banks.
The banks were selected through a comparison of the long-term credit ratings and total assets of the region's largest banks. Ratings from Moody's, Standard & Poor's and Fitch Ratings were used.
Global Finance announced its 20th Annual Ranking of the World's 50 safest banks.
The macroeconomic implications of successful Iranian Bourse selling oil denominated in non-dollar terms are in fact profound for the world of finance.
'If such inflows materialise, what will be the effect on the rupee's value -- and therefore on exports growth, the only sustainable path to recovery?', asks Mihir S Sharma.
IMF's change of heart on capital controls is important, but it needs to be followed by further action.
The government on Wednesday exuded the confidence that the economy would grow at a pace higher than the 7.2 per cent estimated by the statistical department for this fiscal as economic activities were picking up.
Software services major Wipro on Wednesday said its BPO has been rated among the top global Finance and Accounting (F&A) service providers by analyst firm HfS Research.
According to The Australian newspaper, Satyam pledged to repay the funds given to the company by the Victorian government to lure it to Geelong after the scheme, which would have created 2000 jobs and contributed $175m to the state's economy, was canned in September as the IT firm struggled with the global financial crisis.
Indian policymakers have more to learn about the art of communicating with financial markets.
'The shadow banks are currently facing a liquidity and solvency crisis.' 'The danger is that it could potentially engulf the entire financial system because shadow banks have borrowed huge amount of money from banks, mutual funds, pension funds, and insurance companies.'
Birla Global Finance Ltd has informed BSE that Mr Parind Badshah is appointed as Company Secretary of the Company with effect from February 4, 2003.
With bank stability still high on corporate and investor agenda, Global Finance publishes its 18th annual list of the world's safest banks.
Global agencies have shown interest in Bihar's developmental projects. They met Bihar CM Nitish Kumar to chart out an investment plan.
Expressing concerns over rising prices of essential commodities globally, Finance Minister P Chidambaram on Friday favoured adjustments in domestic policies to contain inflation. Pointing to global oil prices touching new highs, the finance minister said: "It is important to factor in price increase and adjust our policies so that inflation doesn't get out of hand."
India retains the tag of the fastest growing country among the world's major emerging economies
Former Walmart India head Raj Jain has been roped in as an advisor by the Bharti Group, which on Wednesday parted ways with the US retail giant to operate stores independently in India.
Finance Minister P Chidambaram has blamed the US' biofuel policy of diverting food grains such as corn for producing bio-fuels for the spurt in food grain prices globally. He also said that lack of adequate regulations in the US sub-prime market has led to global financial uncertainties. He said the demand for staple food was on the rise, leading to higher prices, but diverting food for fuel had also contributed to increase in food prices. He called US' priorities lopsided.
Countries that hold large US dollar-denominated forex reserves have a powerful tool in their arsenal: they could wreck American financial markets at a mere click of a mouse.
Gold can generate good returns, is a good protection against inflation and can be easily redeemed in times of crises.
Global Finance, a leading finance magazine, has ranked Wipro the "best company in the computer software sector in Asia" in its annual world's best companies survey.
Sources said Adani had not been able to tie up any financing for the coal project
Chartered accountancy firm Lodha & Co has resigned as a statutory auditor for Birla Global Finance.
The government on Friday said it has conducted inspections against 96 companies, including 16 companies of the Ketan Parekh group, in connection with stock market scam of 2001.
Close on the heels of Aditya Birla Group's restructuring move, its flagship Indian Rayon on Thursday said it will seek shareholders' nod to change its name to 'Aditya Birla Nuvo Ltd'. \nThe Rs 5,000 crore (Rs 50 billion) Aditya Birla Group had on Sep
Unlike the Germans, Britons began to face the hard truths about their colonial empire only recently.
The leaders of the five emerging market economies are expected to sign a deal on Tuesday that creates the $100 billion bank and a reserves fund of the same size to challenge Western dominance over global finance.
Emerging nations have discussed delinking the quotas from the governance reforms to facilitate its passage.
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