According to India's Economic Survey released yesterday, India's fiscal situation is worse than it appears. It has underscored the need for taking tough measures to shore up public finances and reduce inflation. The newly-elected Prime Minister Narendra M
The Finance Minister informed the National Assembly in a written response that the rupee depreciation during 2008-13 was a reflection of a weak overall balance of payment (BoP) position while the incumbent government took a number of steps that improved t
Collusion in setting gold prices was possible but there is no evidence of this, a senior British markets regulator said on Wednesday. "It is possible but I have no clear evidence that that has actually happened," David Bailey, head of markets infrastructu
China must have a bigger influence on the global gold market being the top consumer of the precious metal, the head of state-backed Shanghai Gold Exchange (SGE) said, as the country targets establishing its own pricing benchmark. "We should have gold fixi
Barclays Plc said it is bringing in outside help to speed up an investigation into alleged misconduct in its "dark pool" operations, which have rekindled concerns that the cost of past problems at its investment bank will rise. More than 2 billion pounds
Shares in Barclays plunged by more than six percent on Thursday after New York prosecutors sued the British bank for fraud - the latest blow to hit the scandal-hit company. Barclays tumbled 6.52 percent to finish at 215 pence on London's FTSE 100 index, w
Shares in Barclays plunged by more than six percent on Thursday after New York prosecutors sued the British bank for fraud - the latest blow to hit the scandal-hit company. Barclays tumbled 6.52 percent to finish at 215 pence on London's FTSE 100 index, w
Shares in Barclays plunged by more than six percent on Thursday after New York prosecutors sued the British bank for fraud - the latest blow to hit the scandal-hit company. Barclays tumbled 6.52 percent to finish at 215 pence on London''s FTSE 100 index,
Shares in Barclays plunged by more than six percent on Thursday after New York prosecutors sued the British bank for fraud - the latest blow to hit the scandal-hit company. Barclays tumbled 6.52 percent to finish at 215 pence on London''''s FTSE 100 index