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JP Morgan CEO praises ‘tough leader’ Modi — ‘has taken 400 million people out of poverty’

Jamie Dimon also lauded India's Aadhaar recognition system, broad availability of banking services & country's 'unbelievable' education system & infrastructure.

Indian market facing pressure with FPI consistently selling in secondary market

New Delhi , April 26 (ANI): Indian benchmark indices Nifty and Sensex commence Friday's trading session with a muted stance by influencing from the...

Japan’s yen hits 34-year low after BOJ holds interest rates

By Tom Westbrook SINGAPORE (Reuters) -The yen hit its weakest in three decades against the U.S. dollar after the Bank of Japan left interest rates on hold on Friday, keeping traders on edge as to when

Asia stocks rise, yen falls as BOJ stands pat on rates

By Rae Wee SINGAPORE (Reuters) -The yen fell amid volatile trade on Friday after the Bank of Japan (BOJ) maintained its accommodative monetary policy stance at the conclusion of its two-day policy

Oil prices on track to snap two-week losing streak

By Georgina McCartney (Reuters) -Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top U.S. official expressed optimism over economic growth and

Notices, fines, court case & now a limited ban — RBI-Kotak relationship has been fraught for years

RBI Wednesday banned Kotak Mahindra Bank from taking on new customers through digital channels & from issuing new credit cards. Violations had to do with strength of bank’s IT infra.

RBI announces auction sale of Govt. securities of Rs 32,000 crore

New Delhi , April 26 (ANI): The Reserve Bank of India has announced the auction for the sale of Government Securities worth Rs 32,000...

Asia stocks, yen tentative with eyes on BOJ decision

By Rae Wee SINGAPORE (Reuters) - Asian shares rose cautiously on Friday as markets sobered up to the idea that U.S. rate cuts were most likely some time away, while the yen and Japanese government

Yen at its weakest in decades as BOJ meets

By Tom Westbrook SINGAPORE (Reuters) - The yen was parked by a 34-year low on the dollar and decade lows on other crosses ahead of a Bank of Japan meeting where interest rates are expected to stay low

Oil prices rise as US official eases market concerns over economic headwinds

By Georgina McCartney (Reuters) - Oil prices rose in early trade on Friday, as players took stock of the U.S. Treasury secretary's comments that the country's economy is likely in a stronger position

On Camera

Drop that cigarette. Smokers are twice as likely to develop skin cancer compared to non-smokers

A noticeable effect of smoking is premature aging. Studies indicate that the skin biopsy of a 40-year-old heavy smoker can resemble that of a 70-year-old non-smoker.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?