The popularity of mobile apps may be waning overseas but they remain relevant in India, the CEO of an Indian messaging app provider told CNBC on Tuesday. » Read More
While the record fall in the rupee has escalated India’s ongoing economic crisis, the head of private sector lender Kotak Mahindra Bank says the currency’s weakness could actually prove to be good for the economy.
Almost every state in India has its own mango jingoism; if love of mangoes is nearly universal in India, so is disagreement over which variety is best, the New York Times reports.
Art Cashin, UBS director of floor trading, discusses the gloom and doom descending on global markets after this morning's weak employment report, and the flight to safety in gold.
India’s economy grew at its slowest pace in nine years over the first quarter of 2012 and inflation stayed stubbornly high at 7 percent, which say experts is pushing policymakers into a “stagflation” trap.
Brazil continues to see high levels of investment by some of the biggest global players despite suggestions that money is being pulled out of emerging markets as the global macro-economic picture worsens, Slim Feriani, Chief Executive Officer of Advance Emerging Capital Limited told CNBC’s “Squawk Box Europe”.
Russia’s typical out-of-step response to global events – the latest its refusal to condemn the Assad regime in Syria – show its increasing insignificance on the world stage, Nouriel Roubini, chairman of Roubini Global Economics and Ian Bremmer, president of Eurasia Group, argue in an op-ed in the Financial Times
A Greece exit from the euro zone could lead emerging market equities to retest the lows reached during the Lehman bankruptcy in 2008, spurred by mass capital outflow on heightened risk aversion, say strategists.
The recent panic selling of Asian stocks on fears of a possible euro zone break up is almost over with most indices in the region having bottomed out, says one analyst, who recommends buying now as central banks are likely to start pumping liquidity into the financial markets soon.
Since the price of gold spacer has not ratcheted up in this latest Europe driven downturn, some say surely that must mean that the wisdom of owning gold is now null and void. I disagree; gold should still be a part of your investment plan.
India has threatened to ban European airlines from its airspace if Brussels sanctions Indian carriers in a dispute over an EU plan to charge carriers for their pollution. The FT reports.
Economic woes dog the euro and hound the pound - it's time for your FX Fix.
Worries about Greece sap risk appetite as the euro slides and the dollar soars - it's time for your FX Fix.
Euro Slips, Pound Trips, Asian Central Banks Intervene — it's time for your FX Fix.
While India's economic growth has hit a rough spot, Indonesia has won favor with investors, prompting calls for it to be included among the lineup of top global emerging markets.
Following disappointing economic data from the U.S. and more volatility from elections in Europe, demand for gold will remain resilient, and the precious metal will not lose its appeal as the currency of last resort, Goldman Sachs says.
The Bank of England steps back and euro fears ease - it's time for your FX Fix.
The Reserve Bank of India’s intervention in the currency market on Thursday is being viewed by some market watchers as a desperate move to prop up the currency in the absence of government policies to boost sentiment among foreign investors.
Violent confrontations between Somali pirates and merchant ships’ armed guards could become more common as some shipping companies have reduced ship speeds through the highest-risk area to save on fuel, maritime experts have warned.
The cut in India’s credit rating outlook to negative by ratings agency Standard and Poor’s has prompted market watchers to say that it is only a matter of time before India gets downgraded to junk status given its poor record in managing fiscal problems.
The economic slowdown in India is one of the world’s biggest economic stories, but it is commanding only a modicum of attention in the United States.