Haiti's prime minister quits amid backlash over fuel price protests

Jul 15 2018

Haitian Prime Minister Jack Guy Lafontant resigned on Saturday as he faced a non-confidence vote after a move to lower fuel subsidies prompted days of violent protests in the impoverished Caribbean nation.

Forex reserves dip by $248.20 mn to $405.81 bn

Jul 13 2018

The country's foreign exchange reserves declined by USD 248.20 million to USD 405.81 billion in the week to July 6, despite a rise in the foreign currency assets, RBI data showed.

Post-Mugabe Zimbabwe set to frustrate eager investors

Jul 13 2018

Most big companies however are waiting until after the election to make their move although already the atmosphere has changed since the fall of Mugabe, whose nearly four decades in power brought a promising economy to its knees.

India, 6th largest economy, has long way to go as per capita income still low: Kumar

Jul 12 2018

Emergence of India as the sixth largest economy was very much expected but still there is a long way to go as the per capita income of the country is still low, Niti Aayog vice chairman Rajiv Kumar said.

IMF wants to see Lebanon form new government, start reforms: Official

Jul 12 2018

The International Monetary Fund hopes Lebanon will soon form a new government, following elections two months ago, and set about urgent structural and fiscal reforms to tame its deficit and boost growth, its Middle East head told.

India emerges as world's 6th largest economy, surpasses France: WB data

Jul 11 2018

India emerged as the world's sixth largest economy in 2017 surpassing France and likely to go past the United Kingdom, which is at the fifth position, according to an analysis of data compiled by the World Bank.

Australia's IMF Bentham to fund complaint against Facebook over alleged privacy breach

Jul 10 2018

Litigation funding provider IMF Bentham Ltd (IMF.AX) said on Tuesday it was funding a representative complaint against social networking website Facebook Inc (FB.O) over alleged breaches of the Australian Privacy Principles.

Forex reserves up by USD 24.34 bn to USD 424.55 bn in H2 FY18

Jul 06 2018

India's foreign exchange reserves increased by USD 24.34 billion to USD 424.55 billion as of end March 2018 from USD 400.21 billion as of end September 2017, Reserve Bank said.

Forex reserves dip by USD 1.76 bn to USD 406.06 bn

Jul 06 2018

India's foreign exchange reserves declined by USD 1.757 billion to USD 406.058 billion in the week to June 29 owing to fall in foreign currency assets, RBI data showed.

As inflation soars, Facebook drives trading in Argentina's barter clubs

Jul 05 2018

At an abandoned train station in Buenos Aires’ working-class suburb of San Miguel, hundreds of Argentines gather with bags of clothes, rice, flour and sugar to trade.

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Stocks In News



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To turn focus to domestic market



Avendus cap-KKR emerge as frontrunner to acquire IDFC MF

Offer of Rs 3,000-4,000 Cr made by FIN services firm


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