Stock Market Today LIVE Updates: Sensex, Nifty breach 3-year lows; telecom, banking stocks in red
Stock Market Today LIVE Updates: Sensex, Nifty breach 3-year lows; telecom, banking stocks in red
IMF chief economist Gita Gopinath says a very credible challenger necessary to displace US dollar's dominance
Speaking here at a WEF 2020 session on dollar's dominance, Gopinath said historically one currency has always dominated the global trade.
Falling GDP, collapsing wholesale prices: Is Indian economy heading to its worst show in September quarter since 2008 global financial crisis?
Indian economy had a shocker when the GDP growth slowed to a 6-year low of 5% in the April-June quarter. Even after that, there is no recovery in sight.
NBFC crisis: Though lenders received a breather late last year, sector still 'fragile', says Uday Kotak
Kotak, the executive vice chairman and managing director of Kotak Mahindra Bank, said he took up the task of heading IL&FS on a request from the government as a "national duty".
No Lehman moment for India but the NBFC show is over; way clear for large banks to make a killing
With high yields and a crisis of confidence hitting NBFCs, the big opportunity will arise for banks in the mortgage market.
IITs wrong in banning startups; protectionism has no place in free economy
Every 8-10 years, one sector booms and makes a beeline to IITs and other elite institutions with attractive job offers. The educational institutions need to remember that risk is part and parcel of any job
Why Uncle Sam should also be suing himself, not just S&P
The US government and SEC were key actors in creating a conflict of interest for rating agencies which resulted in several sub-prime loans being rated AAA
'World is trapped in low growth; there is no magic cure'
Do the world's economic managers know what they are doing? And will their medicine - of easy money - really work? Satyajit Das has his doubts.
Shades of post-Lehman crisis? You are not far off the mark
Policymakers from Sydney to Tokyo to Seoul stepped up efforts to calm jittery investors.What also checked the bloodbath, at least temporarily, are rumours of emergency measures from the Fed at the upcoming meeting on Tuesday.