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RUSSIAN PENSION HIKE
Russia earns less from oil and spends more on war. So far, sanctions are working like a slow poisonThe emergency interest rate increase in Russia cannot hide the dilemma at the heart of the Russian economy: how to fund the military while ...- Russia's central bank makes huge interest rate hike to try to prop up falling rubleRussia's central bank made a big interest rate hike Tuesday, an emergency move designed to fight inflation and strengthen the ruble after t...
- Charting the Global Economy: UK recession awaits Truss successorUK consumer prices rose 10.1% last month, the first double-digit reading in four decades, and energy costs are set to soar further this win...
- Charting the global economy: UK turmoil; world economy stumblesThe economic damage from the shutdown of Russian gas flows is piling up fast in Europe and risks eventually eclipsing the impact of the glo...
- Vladimir Putin hikes Russian pensions, plays down Ukraine impact on economyThe pension increase comes into effect from June 1, while the minimum wage hike kicks in on July 1. Analysts said the steps would not preve...
- Five world market themes for the week aheadTwo-weeks ago Wall Street's S&P 500 and MSCI's main world stocks index were both down 14% for the year and the Nasdaq was officially in min...
- SoftBank in investment talks with Tatas, Mahindra: Rajeev MisraThe cash flow for companies is actually not down. Some of them are up. If you look at India versus the US, the US index has 40% tech in it ...
- A day in the life of Angela Merkel post-retirement: Vegetable gardening, quality time with hubby & 'a little nap'The veteran chancellor is set to receive a monthly pension of $16,900 in her retirement.
- Prisoners, newcomers, spoilers: Russia election candidatesNearly all vocal Kremlin critics were barred. Ahead of the polls, organisations linked to top Putin critic Navalny were labelled "extremist...
- A tough year for emerging markets ends with money in bankEmerging markets are about to end a turbulent year in which trade tensions dominated headlines.
- Investors seek relief as trade threats roil emerging marketsThe MSCI EM Currency Index suffered its worst month since August.
- Here's what changed for the market while you were sleepingCrude oil prices rebounded in overnight trade and Asian shares are trading mixed this morning. That should ensure a positive start to our m...
- Sensex down over 300 points, Nifty tests 7,550; NCC down 7%The S&P BSE Sensex fell over 100 points amid high volatility witnsessed in trade on Monday.
- Nifty hits 8,600, Sensex up over 200 points, Bank Nifty above 19,000; markets set for three-month closing highThe S&P BSE Sensex surged over 150 points in trade on Thursday and was trading well above 28,300.
- As Russia's currency crisis unfolds, Russians are scrambling to get their hands on US dollarsThe Russian currency fell to new lows, reaching 80 rubles to the dollar and 100 rubles to the euro on Tuesday. It first opened 8% stronger ...
- Banks seek ways to mitigate European bonus curbFrom paying housing costs to devising "loyalty" payments, banks in Europe are already looking at ways around a cap on bonuses for their top...
- Rail Budget 2013: Highlights of the speechSupplementary charges for super fast trains, reservation fee, clerkage charge, cancellation charge and tatkal charge marginally increased.
- Bull market is back: Fears of a double-dip in the US are exaggeratedDegree of integration of the US economy with the rest of the world ensures that the US would go down only if the world economy does a doubl...
- Oil exporters struggle to beat inflationSaudi Arabia, the largest source of oil to the world, is battling an inflation rate of 10.1%, the highest in almost three decades. World's ...
- Will Tatas be able to clinch Corus finally?Investment bankers believe that counter bid may come from Russia's Severstal and China's Sino Steel too.
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