Analysis: Trumponomics may be wrong medicine for US economy today
WASHINGTON Tax cuts, deregulation and more federal spending advocated by the incoming Trump administration are a classic remedy for economic stagnation and long unemployment lines.
MUMBAI The Indian government has extended a 2 percent interest payment subsidy on rupee export credits to March 31, 2014 for certain employment-oriented sectors, the RBI said in a statement on Monday.
The scheme was supposed to end on March 31 this year.
Sectors including handicrafts, carpet manufacturing and handlooms will be able to benefit, the Reserve Bank of India said in a statement. (Reporting by Shamik Paul; Editing by John Stonestreet)
FRANKFURT The European Central Bank's ultra-loose monetary policies will not last forever but it is still too early discuss winding down the bank's bond purchase programme, Executive Board member Benoit Coeure told CNBC on Friday.
SINGAPORE U.S. liquefied natural gas exporters are sending tankers to Asia to fill a gap in the region's demand as markets have tightened more-than-expected on surging consumption in China and Pakistan, and because of Australia's struggles to ramp up production.