China records fall in exports and imports<br/>

China&apos;s exports and imports fell more than expected in April, customs data showed today, the latest sign of weakness in the world&apos;s second largest economy. In the January to April period, exports dropped 2.1 per cent year on year; while imports went down 7.5 per cent, leading to a ...

RBI to make list of wilful defaulters public, says Raghuram Rajan

RBI working on new system to make public the list of wilful defaulters, says Raghuram Rajan

RBI working on new system to make public the list of wilful defaulters

Oil rallies as Canada fire and Libya violence threaten supply

A huge wildfire near Canada&apos;s oil sands region, and escalating tensions in Libya stoked concern among investors over a near-term supply shortage, driving crude oil prices higher. Brent crude oil futures rose 1.19 dollars, to 45.81 dollars a barrel. U.S.crude rose 1.45 dollars, to 45.23 doll...

Stocks head for worst week since mid-February

Stock markets in Europe and Asia declined, today, and only monthly U.S. non-farm payrolls numbers stood in the way of shares globally racking up their biggest falls since mid-February. Concerns over growth, the failure of extraordinary central bank stimulus and banking profitability in an era of neg...

ADB keen to raise lending to India to USD 3 bn: Nakao

Asian Development Bank (ADB) is keen to enhance its lending to India to 3 billion US Dollars this year to support &apos;robust growth&apos; in the country. ADB President Takehiko Nakao said at the annual meet in Frankfurt that India needs more infrastructure funding and we are very happy to ...

ADB keen to raise lending to India to USD 3 bn: Nakao

Asian Development Bank (ADB) is keen to enhance its lending to India to 3 billion US Dollars this year to support &apos;robust growth&apos; in the country. ADB President Takehiko Nakao said at the annual meet in Frankfurt that India needs more infrastructure funding and we are very happy to ...

Stocks head for worst week since mid-February

Stock markets in Europe and Asia declined, today, and only monthly U.S. non-farm payrolls numbers stood in the way of shares globally racking up their biggest falls since mid-February. Concerns over growth, the failure of extraordinary central bank stimulus and banking profitability in an era of neg...

Jaitley seeks capital ramp-up for 'bigger, better' ADB

Calling for reforms in the processes of Asian Development Bank (ADB), Finance Minister Arun Jaitley sought the need for making it bigger and better to support growth in the region. Addressing the multi-lateral lender&apos;s annual meet in Germany&apos;s Frankfurt, Mr. Jaitley said, Asia-Paci...