India to allow FDI from Pakistan, RBI policy eyed
April 14, 2012 | Duration: 23 min, 31 sec
India will soon allow foreign direct investment from Pakistan, giving trade between the two nations a further boost. All eyes on the RBI as it meets for its annual monetary policy coming Tuesday. With inflation expected to ease further, will the central bank cut rates? China doubles the size of the Yuan's trading band against the dollar, pushing through a crucial reform that further liberalizes its nascent financial markets.