Economy News

China c.bank seen playing safe as slowdown fans policy debate

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BEIJING - China's central bank is likely to hold its line against an interest rate cut even as growth slows to a quarter-century trough, as the politics of reform influence the conduct of monetary policy, government sources involved in internal policy discussions say.

China's growth slowest since global crisis, annual target at risk

BEIJING - China grew at its slowest pace since the global financial crisis in the September quarter and risks missing its official target for the first time in 15 years, adding to concerns the world's second-largest economy is becoming a drag on global growth.

21 Oct 2014

Exclusive - ECB looking at corporate bond buys, could act as soon as Dec - sources

FRANKFURT - The European Central Bank is considering buying corporate bonds on the secondary market and may decide on the matter as soon as December with a view to begin purchases early next year, several sources familiar with the situation told Reuters.

21 Oct 2014

Govt decision to deregulate diesel is 'credit positive' - Moody's

MUMBAI - India's decision to remove price controls on diesel and to raise natural gas prices signals fiscal discipline and is a "credit positive" step, although the overall impact could be limited, Moody's Investors Service said on Tuesday.

21 Oct 2014

Private fuel retailers to dip toe, not dive back, into India

NEW DELHI - India's scrapping of diesel price controls opens the door for private sector refiners to return to a domestic retail market from which they have been excluded for years because they could not compete with state firms.

20 Oct 2014

U.S. to funnel travelers from Ebola-hit region through 5 airports

NEW YORK - The United States ratcheted up its safeguards against Ebola on Tuesday, requiring travelers from three countries at the center of an epidemic in West Africa to fly into one of five major airports conducting enhanced screening for the virus.

World, 4:51am IST

Jaitley says favours opening up state-run coal industry

NEW DELHI - Finance Minister Arun Jaitley said on Monday he personally believes the time is right to dilute nationalisation of the country's state-run coal industry, adding it is easier to carry out economic reforms in the first year of a government.

20 Oct 2014

RBI releases minutes of financial stability council's Aug meet

MUMBAI - The Reserve Bank of India (RBI) on Monday released the minutes of the meeting of the sub-committee on Financial Stability and Development Council (SC-FSDC) held in August, for the first time, in an attempt to bring in greater transparency.

21 Oct 2014

Credibility meets compromise in Europe's bank stress test

LONDON - When Europe announced its latest health check of top banks early last year it promised a "comprehensive assessment" of how well prepared they were to withstand another financial crisis.

20 Oct 2014

Euro zone not heading for recession, says EU's Barroso

LONDON - The euro zone is not heading for another recession, the outgoing president of the European Commission Jose Manuel Barroso said on Sunday.

19 Oct 2014

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Falling global crude prices bolster economic outlook

NEW DELHI - Falling crude oil prices have helped lawyer Pratik Mehra get off the bus and back behind the wheel of his car, cutting his travel time to work by a third.

REUTERS SHOWCASE

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Stalemate

Stalemate

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Earnings Season

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HDFC Bank eyes pickup in corporate credit.  Full Article 

JLR China

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Iron Ore Imports

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Border Row

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Delhi braces for worst air quality this Diwali week.  Full Article 

Airport Accident

Airport Accident

Total CEO de Margerie killed in Moscow as jet hits snow plough.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage