Oil is India’s biggest import and elevated prices along with a weaker rupee will widen the trade deficit, fuel imported inflation and squeeze government finances.
Hours before Walmart was scheduled to unveil the largest acquisition in its history, Masayoshi Son, CEO of SoftBank Group, spilled the beans to a roomful of investors and journalists in Tokyo.
Axis Bank, IndusInd Bank, State Bank of India and Yes Bank are among those reaping the benefits of cheaper funds as confidence in the world’s fastest-growing major economy increases.
China's crude oil imports compared to a year earlier represents growth of about 1.2 million barrels a day, so even slower domestic demand growth can have an outsized impact on global markets.
India, China & Malaysia want to be full-fledged members of the global financial system but insist on regulatory systems designed to ensure tight control.
With federal investigators probing allegations of impropriety against bankers, bankrupt companies are opting for liquidation of assets.
The wait for investors to acquire some of...
As China boosts overseas investment through Belt & Road Initiative, it’s dictating both the terms of financing and a broader set of technological applications.
Proposed resolution plans must either bring value to the enterprise or a meaningful recovery for creditors, says Rajnish Kumar, chairman of State Bank of India, the country's largest lender.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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