India to allow power cos to raise funds in overseas borrowings to refinance 40% rupee debt

With the world's biggest central banks driving yields on safe assets to near zero, some investors are tossing caution to the wind and rushing to buy illiquid and previously overlooked bonds sold by countries ...

Arab spring countries face rising social tensions that could thwart an early economic recovery from over two years of political turmoil that has worsened fiscal pressures and threatens macroeconomic stability, ...

India, May 26 -- You don't have to meet him to know he has that winning quality. You can hear it in his voice, see it in his gestures and sense it in the stories newspapers tell of him. The Chinese Prime Minister, Li Keqiang, has abundant charm.He came to Delhi at a difficult time. Our traditional distrust of China had been aroused and reinforced by the Ladakh incursion and Beijing's reluctance to withdraw. But that didn't make him reticent or stiff. Instead, he used his warm and engaging

India, May 26 -- Call me a Duckworth-Lewis squib, but it's the Indian Premier League (IPL) we're talking about. What did you expect? Proceedings against bribes paid for a role in The Swan Lake at the Bolshoi Ballet leading to the Tchaikovsky estate's dissolution?Like all successful entertainment platforms, the IPL, too, works on the fundamental principle of a willing suspension of disbelief. To put it less obtusely for non-laudanum addicts, this means selling a product to consumers who are

The city of Detroit may be facing a deepening financial crisis but that hasn't stopped four trustees of its public pension funds from spending $22,000 of retirement system funds to attend a conference ...

By Jason Bush MOSCOW, May 25 - Interpol has refused to include UK-based fund manager William Browder on its international search list after deciding that Russia's tax evasion case against him is "of ...