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S Gurumurthy criticises Rajan's policies but approves his Indianness

Jun 26, 2016 at 11:28 | Source: FirstPost

The Rashtriya Swaysevak Sangh (RSS) may have indeedwanted RBI governor Raghuram Rajan to be out of the central bank for his policies and overstepping his mandate to comment on political issues.The evidence for this has come in an interview with S Gur...

Brexit impact: UK economy treads on unknown zone, fear of job cuts rise

Jun 24, 2016 at 22:52 | Source: FirstPost

London: Britain's economy plunged into a dizzying unknown on Friday, as the world economy braced for a hit to growth and unemployment after the UK voted to ditch the EU. Financial markets illustrated the turbulence that could lie ahead for the world'...

EU calls for free passage through South China Sea| Reuters

Jun 23, 2016 at 00:31 | Source: FirstPost

BRUSSELS Countries must be free to pass through the South China Sea, the European Commission said on Wednesday, in its first diplomatic admonishment of Beijing after Chinese jets intercepted a U.S. military plane over the contested waters last month....

Foreign Secy Jaishankar leaves for Seoul to push for India's NSG membership

Jun 22, 2016 at 12:48 | Source: FirstPost

New Delhi: Foreign Secretary S Jaishankar on Wednesdayheaded for Seoul ahead of the crucial NSG Plenary from Thursday, where India is hoping to clinch membership thatis strongly opposed by China and some other countries.Jaishankhar, who was closely m...

Foreign Secy Jaishankar may travel to Seoul to push India's NSG bid

Jun 21, 2016 at 18:46 | Source: FirstPost

New Delhi: Foreign Secretary S Jaishankar may travel to Seoul to push for India's bid for NSG membership at the plenary of the 48-nation grouping on 23 and 24 June.According to government sources, the foreign secretary is watching the situation "...

Uncertainty, tension prevail in Britain two days ahead of referendum on Brexit

Jun 21, 2016 at 17:26 | Source: FirstPost

London: Uncertainty, division and tension continued in Britain two days ahead of a referendum on its European Union membership as campaign rallies resumed on Tuesday.Campaigning renewed after a three-day suspension following the murder of Pro-EU Labo...

'Door is open' for discussion on India's entry into the Nuclear Suppliers Group, says China

Jun 21, 2016 at 16:10 | Source: FirstPost

Beijing: China, which has been opposing India's NSG membership bid, on Tuesday for the first time said the "door is open" for discussions on the issue but took a swipe at the US for backing India, saying it was one of those who made the rul...

With NSG on agenda, Foreign Secy Jaishankar makes surprise China visit

Jun 19, 2016 at 13:09 | Source: FirstPost

Foreign Secretary S Jaishankar made an unannounced visit to Beijing on 16-17 June to enlist support for India's bid for membership of the Nuclear Suppliers Group (NSG) which is being opposed by China.Jaishankar's visit came a week ahead of the plenar...

Foreign Secy Jaishankar makes unannounced visit to China as Putin voices support for India's NSG entry

Jun 19, 2016 at 13:09 | Source: FirstPost

Foreign Secretary S Jaishankar made an unannounced visit to Beijing on 16-17 June to enlist support for India's bid for membership of the Nuclear Suppliers Group (NSG) which is being opposed by China.Jaishankar's visit came a week ahead of the plenar...

India's bid for NSG membership can trigger nuke race in South Asia: Chinese daily

Jun 14, 2016 at 12:47 | Source: FirstPost

Beijing: China's official media on Tuesday went public over India's NSG bid for the first time, saying New Delhi's membership of the elite club will not only touch a "raw nerve" in Pakistan and increase a nuclear arms race in the region but...

Britain's trade options after Brexit: no easy way out| Reuters

Jun 14, 2016 at 00:45 | Source: FirstPost

LONDON Britain's status as a trade power has become one of the most contentious issues in the European Union membership referendum on June 23.The uncertain outlook for exporters, and the implications for investment in Britain, are driving much of the...

U.S. investors skeptical about China's move to widen markets| Reuters

Jun 08, 2016 at 06:30 | Source: FirstPost

NEW YORK/BOSTON U.S. asset managers and hedge funds are wary about pouring more money into China until the government addresses its stock market crash last year and wild swings in the yuan, they said on Tuesday, as China unveiled measures to attract ...

Japan pledges support for Southeast Asia security to counter coercive China| Reuters

Jun 04, 2016 at 10:16 | Source: FirstPost

SINGAPORE Japan will help Southeast Asian nations build their security capabilities to deal with unilateral, dangerous and coercive actions in the South China Sea, Japan's defence minister said on Saturday, in pointed remarks directed at Beijing.&quo...

Modi likely to talk about APEC membership with Obama: Niti Aayog's Arvind Panagariya

Jun 02, 2016 at 16:13 | Source: FirstPost

New York:India's membership in the Asian Pacific Economic Cooperation (Apec) forum will likely be an important topic in Prime Minister Narendra Modi's talks with Preisdent Barack Obama next week, according to Arvind Panagariya, the vice chairman of t...

Philippines won't be 'lackey' to anyone - incoming foreign minister| Reuters

Jun 02, 2016 at 04:45 | Source: FirstPost

MANILA The Philippines will not distance itself from its long-time security ally, the United States, but neither will it be a lackey to any foreign power, incoming Foreign Minister Perfecto Yasay told Reuters on Wednesday.In his first interview with ...

WTO chief warns that Britain will have to renegotiate its membership terms after Brexit

May 26, 2016 at 08:26 | Source: FirstPost

United Kingdom: Britain would face gruelling negotiations to set the terms of its World Trade Organization membership if it decided to leave the European Union, the group's chief warned in Thursday's Financial Times.WTO director-general Roberto Azeve...

India seen holding off for now on reducing raw sugar import tax| Reuters

May 26, 2016 at 00:45 | Source: FirstPost

MUMBAI/LONDON Indian authorities are expected to hold off before cutting or cancelling a 40 percent raw sugar import duty as a last resort to tackle surging domestic prices as the country shifts from net exporter to importer.Soaring domestic sugar pr...

Targeted Myanmar tycoon may profit from U.S. sanctions changes| Reuters

May 19, 2016 at 02:15 | Source: FirstPost

YANGON Standing among the party seeing off Myanmar's new president as he left for Russia on Wednesday was leading businessman Htun Myint Naing, better known as Steven Law.Only the day before, the United States had added six of his companies to the Tr...

Swedish firm first to seek listing for investment in Iran| Reuters

May 17, 2016 at 04:45 | Source: FirstPost

LONDON A Swedish firm is looking to launch the first initial public offering to raise capital for investments in Iran since international sanctions on Tehran were lifted.But the precautions it takes to demonstrate that its dealings are legitimate sho...

Plummeting exports: China continues to be a pain in PM Modi's Make in India initiative

Apr 26, 2016 at 15:55 | Source: FirstPost

New Delhi:India's overall trade deficit has been improving steadily, narrowing to 5.6 per cent of GDP in the fiscal year ending March 2016. But China continues to be a pain, overriding the Make-in-India theme as our exports to that country continue t...

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