Finance

Bank of England approves capital calculation models of 19 insurers

Insurers use their internal models to determine how much capital they hold to meet policyholder commitments.

Dec 6, 2015

Turkey to find alternative energy suppliers: President Erdogan

Turkey imports 98 percent of its natural gas from Russia and Iran.

Dec 6, 2015

GST panel hands in suggestions; moots 17 to 18 percent revenue neutral rate

The revenue-neutral rate is the rate at which there will be no loss to both state and central governments.

Dec 4, 2015

Union Budget 2016: Are interest rates on retail deposits poised to go down?

Arun Jaitley said on Friday his government would have to 'move cautiously' on the subject.

Dec 4, 2015

StanChart warns errant Indian defaulters of tough action: Report

The bank's loan impairment in India in H1 this year rose to $483 million, up from $56 million, y-o-y.

Dec 4, 2015

ECB president Mario Draghi extends QE programme until March 2017

The European Central Bank has decided against an increase in the pace of the asset purchase programme, Mario Draghi announced at a press conference on 3 December.

Dec 3, 2015

Bond yields slump on RBI's OMO plan to infuse liquidity

At 9:08 a.m., the benchmark 10-year bond yield was down 5 basis points at 7.69%.

Dec 3, 2015

Six big global lenders give $100 bn for sustaining climate funding

The contributions may ensure that global development is sustainable and green.

Dec 1, 2015

IMF approves Chinas yuan for benchmark currency basket

The International Monetary Fund (IMF) on Monday (30 November) admitted Chinas yuan into its benchmark currency basket in a win for Beijings campaign for recognition as a global economic power.

Dec 1, 2015

More Russian oil drilling shows its resolve to OPEC

According to Eurasia Drilling Company (EDC), Russian drilling measured in metres rose 10% in the first 6 months of this year from a year ago.

Dec 1, 2015

Isis bans Syrian banknotes, may be ready to issue its own currency

The move affects businessmen, store owners and employees who put all their savings into the high value notes.

Dec 1, 2015

Israel: Netanyahu orders suspension of EU contacts over labelling of West Bank goods

EU had said all goods coming from West Bank need to be labelled, so they're differentiated from Israeli goods.

Nov 30, 2015

India's financial conditions are better over previous quarter, says CII-IBA

Financial conditions have shown a healthy improvement due to low cost of funds, strong liquidity, etc.

Nov 30, 2015

RBI: 5th monetary policy review of fiscal to be declared on 1 December

Analysts say RBI is unlikely to cut rates further, ahead of the US Federal Reserve's policy review due mid-December.

Nov 30, 2015

Iran: 50 oil projects proposed to foreign investors, says media

Some 135 energy companies attended a conference in Tehran to hear the terms of a new energy contract.

Nov 29, 2015

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Finance

Bank of England approves capital calculation models of 19 insurers

Turkey to find alternative energy suppliers: President Erdogan

GST panel hands in suggestions; moots 17 to 18 percent revenue neutral rate

Union Budget 2016: Are interest rates on retail deposits poised to go down?

StanChart warns errant Indian defaulters of tough action: Report

ECB president Mario Draghi extends QE programme until March 2017

Bond yields slump on RBI's OMO plan to infuse liquidity

Six big global lenders give $100 bn for sustaining climate funding

IMF approves Chinas yuan for benchmark currency basket

More Russian oil drilling shows its resolve to OPEC

Isis bans Syrian banknotes, may be ready to issue its own currency

Israel: Netanyahu orders suspension of EU contacts over labelling of West Bank goods

India's financial conditions are better over previous quarter, says CII-IBA

RBI: 5th monetary policy review of fiscal to be declared on 1 December

Iran: 50 oil projects proposed to foreign investors, says media

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]