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Re-balancing of the country's economy from savings to consumption has led to a slowdown in growth and put pressure on the exchange rate

The 26 nationalised banks, which are expecting a Rs 25,000 crore government bailout in the coming financial year have lost at least Rs 30,873.86 crore to frauds in four years -- 2011-12 to 2014-15.

The government has defended its right to grant licences allowing local companies to override patents and make cheaper copies of drugs discovered by big western drugmakers, and said reports to the contrary were "factually incorrect".

The government on Wednesday fixed the subsidy rates of phosphatic and potassic fertilizers for the next fiscal with an estimated outgo of Rs 21,274 crore. It approved fixation of nutrient-based subsidy rates for P&K fertilizers for 2016-17 due to decreasing trend in global prices of fertilizers.

The government on Wednesday downgraded its basic assessment of the national economy, citing weakening consumer and corporate sentiment due to turbulence in global financial markets and a slowdown in emerging economies. The world’s third-largest economy is “on a moderate recovery, while weakness can be seen recently,” the Cabinet Office said ...

The dollar drifted in a narrow range above ¥112 in Tokyo trading on Wednesday, as investors retreated to the sidelines amid a lack of major trading incentives. At 5 p.m., the dollar stood at ¥112.37-38, up from ¥111.71-72 at the same time Tuesday. The euro was at $1.1189-1190, down from ...

Stocks suffered a mild setback in thin trading on the Tokyo Stock Exchange on Wednesday, giving up their early gains on profit-taking. The 225-issue Nikkei average shed 47.57 points, or 0.28 percent, to end at 17,000.98. On Tuesday, the key market gauge gained 323.74 points. The Topix index of all ...

El dólar interbancario promedio bajó levemente 0,02%, registrando así la quinta caída consecutiva, en un mercado con muy pocos negocios. En Argentina y Brasil el billete verde aumentó frente a las monedas locales.

Abdallah Bouano et Abdeljabbar El Achab annoncent un mariage de raison. Le maire (PJD) de Meknès et le nouveau président de l’Union régionale Meknès-Ifrane de la Confédération générale des entreprises du Maroc (CGEM) ont signé, la semaine dernière, une convention pour appuyer la promotion des investissements dans la capitale ...

YANGON - Inside the graceful halls of Myanmar's first modern bourse business leaders crowd into a crash course on sharetrading, as the former junta-run country takes another leap towards economic revitalisation.