The IMF chief is warning Emerging markets of the impact from the US-China trade war. The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C. It is…
Iraq replaced Saudi Arabia in August as the top oil supplier to India, data from industry and shipping sources showed, as refiners turned to Iraqi barrels to compensate for a lower intake of Iranian…
India’s securities regulator issues a new order which will no longer recognise People of Indian Origin (PIOs) as ‘foreign portfolio investors’. This move is directed to prevent the hoarding of wealth…
Emerging economies have been plunged into turmoil this year as their currencies collapse under pressure from rising US interest rates, political clashes and the global trade war. An emerging market…
Buenos Aires’s bond market is in a downward spiral as debt mounts and the peso continues to underperform. President Macri proposed to reduce a few of his ministries as a new, harder austerity drive…
The rupee fell to a record 71 per dollar in opening trade on Friday, tracking weakness in almost all other Asian peers as the latest round of U.S.-China trade tensions. The rupee has reached its…
IMF revises Argentina bailout terms after a sharp drop in the value of the peso. Buenos Aires requests an early disbursement of funds as refinancing worries grow. Argentina is the eight largest…
Uday Kotak, MD of Kotak Mahindra Bank was asked to meet a year-end deadline to reduce his personal stake in Kotak Mahindra Bank Ltd. below 20 percent. Kotak Mahindra Bank is an Indian private sector…
Jerome Powell bats for a gradual rise in interest rates. The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States. It was…
New Delhi imported record quantities of oil from West Africa in August, driving up exports to pre-2015 levels. Africa is the world's second largest and second most-populous continent after Asia. It…
The Indian government has appointed Swaminathan Gurumurthy and Satish Kashinath Marathe as part-time non-official directors on the Reserve Bank of India board. Analysts fear that the appointment…
RBI’s Monetary Policy Committee has raised the repo rate from 6.25% to 6.5% on 1st August. The hike was made to tackle accelerating inflation and to support the weakening rupee. The Reserve Bank of…
All critical personal data on people in India should be processed within the country, Justice Srikrishna panel said on Friday. The National Data Sharing and Accessibility Policy (NDSAP) was approved…
Over 20 Indian banks and financial institutions, including SBI and PNB, signed an inter-creditor agreement (ICA) aimed at faster resolution of bad loans on 23 July. The gross NPA (non-performing…
India’s annual retail inflation accelerated to a five-month high in June, alongside a weak currency and rising oil prices. Experts believe that the RBI could increase interest rates in August..
Multinational companies in India are petitioning for a relaxation on the ban imposed by the Maharashtra state government against single use plastics.
For the first time since 2014, the Reserve Bank of India has hiked key lending rate or repo rate by 25bps to 6.25%. RBI also retained its “neutral stance” which has come..
The Unique Identification Authority of India, which manages the country’s Aadhaar system, has dismissed claims of data vulnerability made by the news website ZDNet..
In a renewed push to attract foreign investment, India plans to allow foreign companies own bigger stakes in defense joint ventures. With this, the country aims to turn into..
Synergia Foundation in collaboration with the Harvard Business School organized a round-table discussion on the topic ‘Budget & Beyond: What Next for Indian Economy?