Analysis: Next Bank of England chief Carney is more bark than bite
Analysis by Louise Egan, OTTAWA | Thu Dec 20, 2012 12:21pm EST (Reuters) – Musings on unorthodox monetary policies are giving incoming Bank of England Governor Mark Carney a “radical” image before More...
India sees deficit challenge due to subsidies, stake sales
Report by Manoj Kumar and Arup Roychoudhury, NEW DELHI | Mon Dec 17, 2012 2:49pm IST (Reuters) – India said uncertainty over stake sales in state-run companies and soaring subsidies pose a challenge to reducing More...
Insight: How Sonia Gandhi was persuaded to back India reforms
(Reuters) – It had been a brutal August for India’s Congress party: economic growth was wilting, the monsoon rains were failing and the opposition had it cornered on yet another corruption scandal. In More...
The price of a womb
Column by M.J. Akbar The government headed by Dr Manmohan Singh and Mrs Sonia Gandhi has laid down its code of governance. You can sell a fertile womb at heavy discount as long as the child is still inside. This More...
Baba Ramdev’s detention lifted, protest continues
(Reuters) – Baba Ramdev and his supporters, protesting against corruption in New Delhi, refused to disperse after police freed the yoga guru, who was earlier arrested near parliament. Indian yoga guru Ramdev More...
Inflation too high for comfort – RBI
(Reuters) – Reserve Bank of India (RBI) Governor Duvvuri Subbarao stuck to a hawkish tone on Monday, emphasising his concern that inflation remains too high and again prodding the government to restrain its More...
Rupee rises; govt measures awaited
An Indian one rupee coin is seen in this picture illustration taken in Mumbai Rupee extends gains to a third session, tracking gains in Asian currencies, say dealers. The pair is at 55.33/35 after closing Monday More...
Greek government wins confidence vote, bigger battles loom
Greece’s new conservative-led government won parliamentary approval on Monday, but faced the much tougher task of convincing European partners and the IMF to give it more time to meet the terms of its bailout. Newly More...
Greece admits veering from bailout obligations
Greece conceded on Thursday it had slipped “in some respects” in implementing the cuts and reforms demanded by lenders in exchange for saving Athens from bankruptcy, and tried to persuade them to cut More...
Diamond admits traders’ behavior “reprehensible”
Report by Matt Scuffham (Reuters) – The chastened former head of Barclays apologized for the “reprehensible” behavior of his traders who fixed interest rates, but told British lawmakers on Wednesday More...
