Why do our cities collapse every monsoon?
Jun 18, 2013
Global economy recovering: Stanley Fischer
Jan 24, 2013
RBI takes measures to ease liquidity in market
Sep 16, 2008
Thursday December 18, 2014
Moscow said on Wednesday it would sell about $7 billion in foreign reserves to prop up its currency and also implement other measures to prevent a sell-off. That came after a central bank interest rate hike to 17 per cent from 10.5 per cent failed to...
Wednesday December 17, 2014
The dramatic fall in Russia's rouble underscored how the oil collapse is shifting wealth and economic expectations around the world, creating a more volatile environment for the US central bank as it prepares to lift rates that have been near zero fo...
Tuesday December 16, 2014
Russia's central bank raises its key interest rate to halt a collapse in rouble, raising fears about global economy. Russia's economy has been hit by the fall in oil prices and Western sanctions.
Tuesday September 16, 2014
Within three months of Lehman's collapse, the BSE Sensex crashed to 8,535 in the wake of global finance crisis, plunging 60 per cent from around 21,000 levels in January 2008.
Monday August 4, 2014
Lisbon on Sunday announced a near 5 billion-euro rescue of the country's largest listed bank Banco Espirito Santo, preventing its collapse and potential contagion across the continent's banking sector.
Saturday November 16, 2013
JPMorgan Chase & Co, the biggest US bank by assets, said on Friday it has agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the US housing market.
World | Reuters | Saturday November 16, 2013
JPMorgan Chase & Co said on Friday it has agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the US housing market.
World | Reuters | Monday October 14, 2013
Three American scientists won the 2013 economics Nobel prize on Monday for research that has improved the forecasting of long term asset prices, a hot topic since the collapse of the U.S. housing market bubble prompted a global financial meltdown.
Thursday September 12, 2013
But five years after the collapse of Lehman Brothers turned a mortgage crisis into a full-blown financial panic, banks are pulling back their balance sheets from the fringes of the credit markets, with more and more risk being driven to unregulated l...
Sunday September 1, 2013
Rajan, a high-profile former IMF chief economist renowned for predicting the 2008 global financial collapse, moves into the Reserve Bank of India's office on Thursday, replacing his retiring predecessor Duvvuri Subbarao.
Wednesday August 28, 2013
The rupee has tumbled 17 per cent so far this year and hit an all-time low of 66.30 against the dollar on Tuesday, resisting a spate of interventions by the Reserve Bank of India (RBI) and the government as investor fears about emerging markets deepe...
World | Reuters | Thursday May 16, 2013
Bangladesh will reopen more than 300 garment factories on Friday, ending a three-day forced closure due to worker protests over pay and working conditions after a building collapse killed more than 1,100 people.
World | Reuters | Wednesday May 15, 2013
Wal-Mart Stores Inc stepped up Bangladesh factory inspections while US and European retailers pursued separate accords to try to prevent another disaster in a garment industry where more than 1,200 workers have died in the past six months.
Monday March 25, 2013
Oil prices rose in Asian trade today after Cyprus and its international creditors struck a 10-billion-euro bailout deal, averting a collapse of the country's banking system.
Monday March 25, 2013
The euro and Asian shares rose on Monday after Cyprus did a last-ditch deal with international lenders for a 10-billion-euro bailout hours before a deadline to avert a financial collapse on the Mediterranean island.
Saturday March 23, 2013
Cyprus faces a Monday deadline to clinch a 10 billion euro bailout from the European Union or the European Central Bank sauys it will cut off emergency funding to the country's stricken banks, spelling certain collapse and potentially pushing the isl...
World | Agence France-Presse | Tuesday March 5, 2013
An Afghan court on Tuesday sentenced two senior Kabul Bank executives to five years in jail for a staggering multi-million-dollar fraud that caused the country's largest bank to collapse in 2010.
Saturday January 26, 2013
Stanley Fischer, governor of the Bank of Israel speaks to NDTVs Namrata Brar about policies by central banks around the world, especially the ECB and Federal Reserve, in times of financial crises. Here is the edited transcript of the interview:
Tuesday October 2, 2012
The New York attorney general's office has hit JPMorgan Chase & Co. with a civil lawsuit, alleging that investment bank Bear Stearns prior to its collapse and subsequent sale to JPMorgan in 2008 perpetrated massive fraud in deals involving billions...
Monday June 25, 2012
Some suggest markets are taking on shades of the 2008 global crisis, with the potential for a collapse in investor confidence, bank runs in Europe and a seizure for the global financial system.