Finance - general
BIS warns of asset bubbles, inflation in emerging nations
29 Jun 2010
Emerging economies may need to raise interest rates and allow currency to appreciate as liberal monetary policies will spur inflation and asset bubbles, the Bank for International Settlements has said.
Sinking euro is good for exports, says EU
25 Jun 2010
The euro’s decline in recent months may boost exports from the currency area by 5 per cent, though the longer-term impact on economic growth is “less certain,” the EU said Thursday.
Yuan free float won’t correct trade imbalances: UNCTAD
18 Mar 2010
UN agency UNCTAD has joined the fray in the rising debate over yuan appreciation by asserting that a free floating yuan will not resolve global trade imbalances and that multilateral response was needed.
Yuan firms up slightly as Obama urges revaluation
12 Mar 2010
The People's Bank of China set the yuan's central parity rate slightly higher against the US dollar even as president Obama fired a fresh salvo asking China to heed international calls to revalue its currency.
IMF puts China’s currency issue on centre stage
02 Mar 2010
The IMF has brought the matter of the revaluation of the Chinese currency centre stage by saying it was "substantially undervalued" and hampered recovery in the global economy.
RBI relaxes guidelines for external commercial borrowings
09 Feb 2010
The Reserve Bank has authorised Category I authorised dealer banks to allow relaxations in the drawdown and repayment schedule of external commercial borrowings.
Sovereign debt "most significant” global risk: WEF
16 Jan 2010
A report from the World Economic Forum says that sovereign debt default is the most significant amongst all the global economic risks in the world today and could lead to "full-fledged sovereign debt crises" beginning this year.
No plan to tax FII fund inflows, says Pranab
12 Dec 2009
Indo-Swiss tax treaty talks pushed forward
31 Oct 2009
Carl Icahn may help finance CIT restructuring
20 Oct 2009
SBI sees 30-35 per cent rise in Q2 profit
08 Sep 2009
Interest rates can only go up, say bankers
08 Sep 2009
SBI, Macquarie tie up for infrastructure fund
06 Apr 2009
Pound finds a new all-time low against Euro
14 Nov 2008
The British pound closed at 84.87p against the Euro, the lowest since the single currency was introduced in 1999, and hit a 12-year low against a basket of currencies on Friday.
Fed plans direct lending to corporates
07 Oct 2008
The US Federal Reserve will buy commercial paper from companies in a coordinated plan with the US treasury department to jump-start the financial system.