S Gurumurthy criticises Rajan's policies but approves his Indianness
Jun 26, 2016 at 11:28 | Source:
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:
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:
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 may travel to Seoul to push India's NSG bid
Jun 21, 2016 at 18:46 | Source:
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 "...
With NSG on agenda, Foreign Secy Jaishankar makes surprise China visit
Jun 19, 2016 at 13:09 | Source:
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...
Britain's trade options after Brexit: no easy way out| Reuters
Jun 14, 2016 at 00:45 | Source:
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:
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 ...
India seen holding off for now on reducing raw sugar import tax| Reuters
May 26, 2016 at 00:45 | Source:
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:
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:
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...