US imposes fresh sanctions on Russia's banks, defence companies
Jul 17, 2014 at 08:07 | Source:
Washington: The United States on Wednesday imposed its most wide-ranging sanctions yet on Russia's economy, including Gazprom bank and the Rosneft Oil Company, and other major banks and energy and defense companies.Washington has steadily e...
U.S. imposes toughest sanctions yet on Russia over Ukraine
Jul 17, 2014 at 03:45 | Source:
WASHINGTON (Reuters) - The United States on Wednesday imposed its most wide-ranging sanctions yet on Russia's economy, including Gazprombank and the Rosneft Oil Co, and other major banks and energy and defense companies.Washington has steadily escala...
IDFC Gains; Morgan Stanley Upgrades to 'Overweight'
Jul 07, 2014 at 11:51 | Source:
Shares in IDFC Ltd gain 3.7 per cent after Morgan Stanley upgrades the stock to "overweight" from "underweight" and raises its target price to Rs175 from Rs115. The investment bank cites potential benefits after RB...
Global M A deal value touches $1.57 trillion in first half of 2014
Jul 02, 2014 at 04:12 | Source:
NEW DELHI: Merger and acquisition activity across the globe witnessed significant uptrend in the first half of this year with deals worth USD 1.57 trillion and the Asia-Pacific region accounted for one-fifth of the deal value. During the first six mo...
Japanese business sentiment dips
Jul 01, 2014 at 08:12 | Source:
Japanese business sentiment dipped in the three months to June, the Bank of Japan's latest Tankan survey has shown. The big manufacturers' index fell to plus 12, from plus 17 in the previous quarter. A positive reading shows firms feeling o...
Faster reforms can revive growth, curb stagflation: Report
Jun 28, 2014 at 12:37 | Source:
MUMBAI: Speedy implementation of reforms is likely to help the country in making a faster transition from stagflation to higher growth and lower inflation, says a report. "We believe that as policymakers implement reforms that boost productivity, it ...
Budget 2014 may launch reform agenda: Morgan Stanley
Jun 25, 2014 at 06:37 | Source:
MUMBAI: The first budget of the Narendra Modi government, slated for July 10, is expected to kick-start the government's reform agenda, American brokerage Morgan Stanley said in a report. "Policy reforms are much needed to ensure that the country tra...
Morgan Stanley hopes budget will kick start Modi govt's reforms agenda
Jun 24, 2014 at 19:40 | Source:
Mumbai: The first budget of the Narendra Modi government, slated for 10 July, is expected to kick-start the government's reform agenda, American brokerage Morgan Stanley said in a report."Policy reforms are much needed to ensure that the country...
Poor rain unlikely to impact GDP growth much: Morgan Stanley
Jun 19, 2014 at 19:37 | Source:
NEW DELHI: Even as country braces for likely deficient monsoon, its impact on GDP may not be very significant. The decline in farm output as a result of shortfall in rains is unlikely to reduce GDP growth rate in 2014 by more than 0.5 percentage poin...
Japan retail sales fall after tax increase
May 29, 2014 at 08:22 | Source:
Retail sales in Japan fell 4.4% in April, compared with the same period last year, as the effect of an increase in the country's sales tax began to be felt. Japan raised the tax from 5% to 8% on 1 April - the first hike in 17 years. The country ...
Modi gets hero's welcome as he brings new era to New Delhi
May 18, 2014 at 01:45 | Source:
NEW DELHI (Reuters) - Hundreds of people thronged the leafy streets of New Delhi on Saturday to greet Narendra Modi's triumphant march into the capital after he decimated the Nehru-Gandhi dynasty and the ruling Congress party in the biggest election ...
Pro-business Narendra Modi storms to historic election win
May 17, 2014 at 05:22 | Source:
BJP Prime Ministerial candidate Narendra Modi (Photo: Reuters) Narendra Modi of the Bharatiya Janata Party (BJP) will be the next prime minister of India, with counting trends showing the pro-business Hindu nationalist and his party headed for the m...