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GLOBAL CRISIS
FCNR(B), nothing magical about itThe Reserve Bank of India is prematurely closing a special window for FCNR(B) bank deposits from the Indian diaspora, originally set to end...
Quote of the Day by Queen Elizabeth II: ‘The time for words has now moved to the…’ Longest-reigning British monarch on climate changeQueen Elizabeth II urged immediate climate action during a global summit. Her powerful statement emphasized moving from speeches to tangibl...
PM Modi thanks people for responding to his callPrime Minister Narendra Modi lauded citizens for heeding his call to curb extravagant spending amidst the West Asia crisis. Many have pledg...
Dia Mirza's environmental remark on patriarchy sparks backlash; internet says 'Aadmi hona paap ho gaya hai'. Here's what she saidDia Mirza's assertion on a podcast that patriarchy is the cause of climate change has sparked a heated online debate. While critics argue h...
States must leverage trade pacts to attract investment: PM ModiPrime Minister Narendra Modi encouraged regional leaders to enhance trade collaborations and simplify business operations, stressing the ne...
FM Sitharaman flags global crisis spillovers, unfair burden on developing nationsFinance Minister Nirmala Sitharaman stated that the Global South should not bear the brunt of global imbalances and conflicts. Representing...
India joins champions group of Global Crisis Response Group: MEAIndia has joined the champions group of the Global Crisis Response Group (GCRG) following an invitation from UN Secretary General Antonio G...
India remains a bright spot in times of global crisis, says ModiDespite a climate of market saturation, our domestic markets are strong due to the aspirations of our citizens, the PM said, kicking off a ...
- Food waste a global crisis
In low- and middle-income countries, the problem is largely one of loss, as food fails to make it out of the production and transportation ...
Bedrock of ultra-low yields may be at riskSo far that pressure is barely registering in borrowing costs.
- Global crisis has cost 30 mn jobs: IMF chief
The global crisis has cost 30 mn jobs around the world, International Monetary Fund director general Dominique Strauss-Kahn said, opening a...
- Shanghai rides stimulus boom, tops Hong Kong on GDP chart
Shanghai's economy exceeded the size of Hong Kong’s for the first time in at least three decades after stimulus spending helped China skirt...
- India's domestic demand helped contain global crisis: Pranab
Finance Minister Pranab Mukherjee said India's large domestic demand helped insulate the country against the worst of the global crisis and...
- 'Global crisis led to breakdown of trust in fin system'
Reserve Bank of India governor D Subbarao on Friday said the ongoing global crisis has resulted in a massive breakdown of trust in the fina...
- Asian economy unhurt by global crisis: ADB chief
Asia's financial system is little affected by the US sub-prime mortgage problems that has triggered a global crisis.
- Russia's oil wealth no vaccine against global crisis
No longer quite so flush from vast oil and gas wealth, Russia's economy is feeling the pinch from the global crisis and problems at home, p...
- MFs rethink strategy in face of global crisis
The investment strategy currently is on evaluating companies on the basis of their funding requirements & level of dependency on global ind...