Lehman Moment

The impact on India’s financial markets may be muted because they are not as interlinked with global financial markets as those of some other countries. But there will be a negative shock, possibly leading to a further slowdown in economic growth.

Stock Market LIVE: World on brink of another 'Lehman moment'? | Markets with Santo & CJ

Credit Suisse and Deutsche Bank are on the centre stage this week as rumours spread about the ability of the two giants to remain solvent. CJ fears that a new "Lehman moment" is arriving for the global financial system because of surging global interest rates but Santo appears more calm but cautious. Watch as the duo plumb through the crisis facing Credit Suisse and what it could mean for India's IT sector, which is already under the cosh.

Chinese real estate developers accept watermelons, wheat and garlic as payment

A poster for the promotional event starting from June 28 to July 15, reads the property developer would allow home buyers to make a maximum payment of 5,000 kilograms of watermelon.

India in trouble, recession may recur in US: Ruchir Sharma

uchir Sharma, global head of emerging markets at Morgan Stanley Investment Management sees the bear market regime coming over the next few months.