ISLAMABAD - Anti-government protests that have gripped Islamabad since mid-August could throw off course economic reforms Pakistan promised to deliver in return for an IMF bailout, senior officials said, raising the risk of a sovereign rating downgrade.
MUMBAI - Indian banks can now issue Tier 2 capital with a minimum original maturity of 5 years as against 10 years previously, the Reserve Bank of India (RBI) said in a notification on Monday, amending some guidelines on Basel III implementation in India.
BANGALORE - Factory growth eased in August from July's 17-month record pace as new orders came in at a slower clip, a business survey showed on Monday.
TOKYO - Japan and India agreed on Monday to strengthen defence ties as Asia's second and third biggest economies keep a wary eye on a rising China, with Prime Minister Narendra Modi lashing out at the "expansionism" of some nations.
HONG KONG - Your child throws a tantrum and smashes something? Take out "naughty child insurance". Similarly, buy cover against your bride becoming pregnant before the honeymoon, your team being knocked out of the soccer World Cup, burning your tongue eating hotpot or if smog ruins your holiday.
NEW DELHI - India is better prepared to handle the impact of interest rate increases in the United States as foreign funds are less likely to desert the country due to signs of an upturn in economic growth, the Reserve Bank of India (RBI) chief said in an interview published on Sunday.
NEW DELHI - The after-glow of Narendra Modi's election victory nearly four months ago helped India's lumbering economy register its fastest growth in two-and-a-half years for the quarter ending in June.
NEW DELHI - The level of bad loans at Indian banks is a "concern" but is not "scary", Reserve Bank of India (RBI) Governor Raghuram Rajan said in a newspaper interview published on Sunday.
NEW DELHI - India's fiscal deficit in the first four months of the 2014/15 financial year was 3.25 trillion rupees ($53.7 billion), or 61.2 percent of the full-year target, government data showed on Friday.
BRUSSELS/FRANKFURT - If euro zone inflation falls deeper into the 'danger zone' as expected on Friday, it will at the very least complicate the European Central Bank's plans to wait and see whether its recent policy move to ignite the euro zone economy will work.
MUMBAI - The BSE Sensex on Tuesday surged past the psychologically key level of 27,000 to a third consecutive record high as blue-chips such as HDFC Bank gained after recent data raised hopes about the economy.