Ronojoy Mazumdar Bloomberg
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Pakistan Secures Final IMF Approval For $700 Million Loan Ahead Of Polls
Pakistan won final approval for the disbursement of about $700 million in aid from the International Monetary Fund, providing a boost to the embattled South Asian economy ahead of elections next month.
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India Hits Out At IMF For Saying "Currency Intervention Excessive"
India pushed back against the International Monetary Fund for saying the central bank's intervention in the foreign-exchange market was excessive, implying that the country was trying to influence the level of the rupee.
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Chawls Made Mumbai "City Of Dreams", To Be Replaced By Skyscrapers Soon
For more than a century, the chawls of Mumbai have acted as one of the city's most important forms of affordable housing.The Large tenement complexes were built during Mumbai's industrial boom from the 1850s through the first half of the 20th century
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How Domino's Emerged As One Of The Biggest Cricket World Cup Winners
With five matches behind each competitor in the Cricket World Cup, tournament host India remains the only team that's still undefeated, and England, the defending champion, has fallen to nearly the bottom of rankings in a surprising turn of events.
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JPMorgan To Add India To Its Emerging-Markets Bond Index
JPMorgan Chase & Co. will add Indian government bonds to its benchmark emerging-market index, a keenly awaited event that could drive billions of foreign inflows to the nation's debt market.
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Move To Withdraw Rs 2,000 Notes Affects Only 11% Currency In Circulation
The Reserve Bank of India is withdrawing the highest-value currency note just months before an election, when cash in circulation typically surges.
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Rising Interest Rates To Upset Budget Math On Small Savings
The decision on Feb. 1 triggered the biggest drop in the benchmark 10-year bond yields in over two months. Bonds have since pared their gains, with the budget math increasingly looking daunting.
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Mumbai Firm Fines Staff Rs 1 Lakh For Disturbing Colleagues On Vacation
For most workers around the world, vacations are strictly a time to unwind. The last thing they want while relaxing on a balmy beach or hiking in the hills is an annoying business call from a colleague.
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RBI Heads For Its Third Half-Point Hike As Rupee Slumps To Record Lows
RBI is expected to hike rates by half a point for the third time in a row on Friday.
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Russia's Exclusion Potentially Paves Way For India Into Global Bond Index
India has the biggest bond market among emerging economies that's not covered by global indexes, but bankers say that may change soon, potentially drawing in billions of dollars in inflows. Russia's recent exclusion is one reason why.
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India Hit By Emerging Market Investor Exodus As Rupee Tumbles
Investors reeling from the brutal emerging markets selloff over the past six months again fled the rupee as India's currency hit new lows, prompting the government to curb gold imports and oil exports to arrest a widening deficit.
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Worse Yet To Come For Rupee Already Reeling Near Historic Lows
The worst is still to come for the Indian rupee after its slide in May to a historic low, according to analysts and forward markets.
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Trillions At Stake In India As Women Disappear From Workforce
After the nationwide lockdown, within a few weeks over 100 million Indians lost their jobs. Women were several times more likely to lose their jobs than men and far less likely to recover work after restrictions lifted.
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Why Rupee Is Ending The Year As Asia's Worst Currency
The Indian rupee is set to end a tumultuous year as Asia's worst-performing currency with foreign funds fleeing the nations stocks.
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RBI Governor Warns Against Crypto, Says No Well-Informed Debate On It
India needs much deeper discussions on the issue of cryptocurrencies, Reserve Bank Governor Shaktikanta Das said Tuesday, as the government formulates a law to regulate private virtual coins.
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Pakistan Secures Final IMF Approval For $700 Million Loan Ahead Of Polls
Pakistan won final approval for the disbursement of about $700 million in aid from the International Monetary Fund, providing a boost to the embattled South Asian economy ahead of elections next month.
-
India Hits Out At IMF For Saying "Currency Intervention Excessive"
India pushed back against the International Monetary Fund for saying the central bank's intervention in the foreign-exchange market was excessive, implying that the country was trying to influence the level of the rupee.
-
Chawls Made Mumbai "City Of Dreams", To Be Replaced By Skyscrapers Soon
For more than a century, the chawls of Mumbai have acted as one of the city's most important forms of affordable housing.The Large tenement complexes were built during Mumbai's industrial boom from the 1850s through the first half of the 20th century
-
How Domino's Emerged As One Of The Biggest Cricket World Cup Winners
With five matches behind each competitor in the Cricket World Cup, tournament host India remains the only team that's still undefeated, and England, the defending champion, has fallen to nearly the bottom of rankings in a surprising turn of events.
-
JPMorgan To Add India To Its Emerging-Markets Bond Index
JPMorgan Chase & Co. will add Indian government bonds to its benchmark emerging-market index, a keenly awaited event that could drive billions of foreign inflows to the nation's debt market.
-
Move To Withdraw Rs 2,000 Notes Affects Only 11% Currency In Circulation
The Reserve Bank of India is withdrawing the highest-value currency note just months before an election, when cash in circulation typically surges.
-
Rising Interest Rates To Upset Budget Math On Small Savings
The decision on Feb. 1 triggered the biggest drop in the benchmark 10-year bond yields in over two months. Bonds have since pared their gains, with the budget math increasingly looking daunting.
-
Mumbai Firm Fines Staff Rs 1 Lakh For Disturbing Colleagues On Vacation
For most workers around the world, vacations are strictly a time to unwind. The last thing they want while relaxing on a balmy beach or hiking in the hills is an annoying business call from a colleague.
-
RBI Heads For Its Third Half-Point Hike As Rupee Slumps To Record Lows
RBI is expected to hike rates by half a point for the third time in a row on Friday.
-
Russia's Exclusion Potentially Paves Way For India Into Global Bond Index
India has the biggest bond market among emerging economies that's not covered by global indexes, but bankers say that may change soon, potentially drawing in billions of dollars in inflows. Russia's recent exclusion is one reason why.
-
India Hit By Emerging Market Investor Exodus As Rupee Tumbles
Investors reeling from the brutal emerging markets selloff over the past six months again fled the rupee as India's currency hit new lows, prompting the government to curb gold imports and oil exports to arrest a widening deficit.
-
Worse Yet To Come For Rupee Already Reeling Near Historic Lows
The worst is still to come for the Indian rupee after its slide in May to a historic low, according to analysts and forward markets.
-
Trillions At Stake In India As Women Disappear From Workforce
After the nationwide lockdown, within a few weeks over 100 million Indians lost their jobs. Women were several times more likely to lose their jobs than men and far less likely to recover work after restrictions lifted.
-
Why Rupee Is Ending The Year As Asia's Worst Currency
The Indian rupee is set to end a tumultuous year as Asia's worst-performing currency with foreign funds fleeing the nations stocks.
-
RBI Governor Warns Against Crypto, Says No Well-Informed Debate On It
India needs much deeper discussions on the issue of cryptocurrencies, Reserve Bank Governor Shaktikanta Das said Tuesday, as the government formulates a law to regulate private virtual coins.
