Mar 14, 2016 at 09:38 | Source: CNBC
Marc Faber said central bank policies are essentially monetizing debt, particularly in Japan, where he claims the Bank of Japan (BOJ) is buying all the government bonds the treasury is issuing.
Jan 29, 2016 at 15:03 | Source: PTI
Ajay Singh, who took over the reins of then crisis-hit SpiceJet early last year, said the turnaround process has taken off "very well". Riding on the back of four straight quarters of profit, SpiceJet is slowly moving from consolidation to expansion path and is preparing to trim costs in the long term.
Jan 21, 2016 at 07:33 | Source: PTI
The "systemic exemption" amounted to a loophole in the IMF's longstanding policy that required the crisis lender to judge a member country's public debt to be sustainable with "high probability" before it could provide financial assistance that exceeds a member's contribution to the institution.
Jan 20, 2016 at 08:26 | Source: CNBC
China's debt binge has been well documented and now the inevitable deleveraging is occurring. Much like the US in 2008, China now faces tough choices. The political leaders in Beijing must engineer a deleveraging either through recapitalization, currency devaluation, economic growth, or outright default.
Oct 24, 2015 at 11:58 | Source: CNBC
Europe is facing its largest refugee crisis since World War II, and policymakers are struggling to cope with it. Divided opinion on how to handle the influx of migrants averaging 8,000 a day has slowed decisionmaking.
Oct 13, 2015 at 09:57 | Source: CNBC
The emerging market wave, coinciding with the collapse in commodity prices, follows the US stage, which marked the fallout from the housing crash, and the European stage, when the US crisis spread to the continent's sovereign debt, the bank said.
Sep 18, 2015 at 19:48 | Source: PTI
Reserve Bank Governor Raghuram Rajan called for drawing right lessons from Brazil, which was a high growth market till recently but is now beset with economic woes, leading S&P to demote it to "junk" status
Sep 15, 2015 at 14:02 | Source: PTI
Goyal had earlier said the Centre cannot be considered as a bailout bank for helping debt-ridden power distribution companies, and states will have to find a way out of the crisis. The combined debt of power distribution companies (discoms) stands at over Rs 3 lakh crore.
Aug 24, 2015 at 16:13 | Source: CNBC
Concerns over a slowdown in China have dented confidence, while investors have also fretted over the impact on emerging markets of an imminent increase in interest rates by the US Fed.
Aug 20, 2015 at 17:43 | Source: Reuters
The repayment to the European Central Bank marked another step for Greece away from near financial collapse, but Prime Minister Alexis Tsipras must now tackle a political crisis after anti-bailout rebels robbed his government of its parliamentary majority.