Can Budget-endowed stability and rural push check the growth decline?
Mar 14, 2016 at 12:40 | Source:
The 2016-17 Union Budget has possibly been the most difficult since 1991. Given the absence of any consensus understanding about the state of economy, there were very divergent expectations from the budget.Chief Economic Adviser Arvind Subramanian pu...
RBI Gov Rajan wants global rules of conduct for central banks| Reuters
Mar 12, 2016 at 22:15 | Source:
NEW DELHI/MUMBAI Reserve Bank of India governor Raghuram Rajan called on Saturday for global central banks to adopt a system for assessing the wider impact of their actions, including unconventional monetary policies now in use. Rajan proposed that a...
Europe shares fall after Asia hits two-month high, oil jumps| Reuters
Mar 08, 2016 at 00:30 | Source:
LONDON European shares fell on Monday, unable to maintain the momentum that took Asian equities to two-month highs, as investors said a rebound in stocks seemed tired and looked ahead to a European Central Bank meeting expected to deliver more stimul...
China stocks rise on policy cues from parliament meeting | Reuters
Mar 07, 2016 at 08:30 | Source:
SHANGHAI China stocks climbed in early trading on Monday, extending strong gains over the past four sessions, as investors reacted positively to statements from top Chinese leaders at the annual parliament session over the weekend.Hong Kong shares al...
Lula arrest in Brazil graft probe raises risk of Rousseff's fall| Reuters
Mar 05, 2016 at 04:16 | Source:
BRASILIA The implication of Brazil's ex-president Luiz Inacio Lula da Silva in a graft scandal at state oil firm Petrobras has reignited opposition hopes of unseating his successor Dilma Rousseff and increased the risk she may not finish her term.The...
Bulls on rampage: Sensex posts biggest post-budget rally in 17 years
Mar 03, 2016 at 18:58 | Source:
Prasanna Deshpande and Kishor KadamTill this Monday, stock market traders on the Dalal Street seemed less enthusiastic about the outcome of Budget 2016-17, but the tide has changed for the good since then. Bulls have bounced back sharply from the som...
Budget 2016: Rating agencies doubt Jaitley's revenue growth optimism
Mar 01, 2016 at 17:56 | Source:
Mumbai: Domestic rating agencies have said while some of the revenue growth expectations expressed by Finance Minister Arun Jaitley's in the Union Budget are optimistic, but the government will have to deliver on thefiscal targets before the central ...