IL&FS is an unwieldy, opaque hydra. More than size, it’s the diffuse nature of its operations that should worry its new directors.
Risks to global growth have risen in the last three months and tilt to the downside, the IMF said on eve of its annual meetings in Bali. New Delhi: The Inter...
Capacity utilisation rate, consumer confidence, and outlook for demand in manufacturing sector in third quarter were less optimistic, RBI surveys show.
Pakistan’s forex reserves have plunged 40% in 2018 to lowest in almost 4 years. It’s running twin current-account and budget deficits of more than 5% of GDP.
As rupee slides, unhedged firms that swapped overseas debt into local currency and don’t have foreign-currency revenues face higher repayment costs.
Stock funds took in 111 billion rupees in September, the most since May, up from 83 billion rupees in August
To stabilise climate change, the world must invest $2.4 trillion in clean energy every year through 2035 and cut the use of coal-fired power to almost nothing by 2050.
The pharma industry needs to do a better job of grappling with how success tends to bring out its worst instincts.
Global finance chiefs meet for IMF & World Bank meetings without firepower of 2008 & with era of coordination looking like an anomaly.
RBI is looking at strengthening guidelines for non-bank lenders to avoid rollover risks after the IL&FS defaults.