Home, auto and corporate loans are likely to become expensive from October, with bankers on Thursday saying that interest rates may be hiked next month in response to the Reserve Bank raising policy rates to tame inflation.

India on Tuesday said that several actions taken by the US with regard to offshore outsourcing and other trade issues are "not welcome at all".

Lehman Brothers, whose collapse worsened the global financial crisis in late 2008, slumped into bankruptcy as the entity failed to get the necessary support from the US authorities, former chief Richard S Fuld has said.

Ailing Japan Airlines (JAL) will slash more than 16,100 jobs in the coming months as it embarks on drastic restructuring efforts.

In recent times, the multilateral lending agency extended financial aid to crisis-hit nations such as Greece and Romania.

Seeking better ties with countries in the region, Prime Minister Manmohan Singh said on Friday that India was engaging its neighbours without looking for reciprocal actions.

The British economy expanded at a faster pace than expected, clocking a growth rate of 1.2 per cent in the second quarter of 2010, boosted by robust activities in the construction sector.

China has sought information on India's poverty reduction programmes, including the Mahatma Gandhi National Rural Employment Guarantee Scheme, to beef up its own strategy.

The crash prediction was made after Hindenburg Omen -- named after an ill-fated German plane that crashed in 1937 -- was sighted on the technical charts by Jin Miekka, who is credited with making several accurate market-linked forecasts before.

In a testimony to its growing clout, China's nearly $5 trillion economy surpassed Japan to become the world's second largest economy for the three months ended June, 2010.

Germany grew by a stunning 2.2 per cent in the three months ended June, recording its fastest quarterly expansion in more than 20 years.

It could be either a nuclear war, a meltdown by the ageing Sun or a fatal hit by an asteroid or a black hole -- the reason could be any but the fact is our Earth may be facing a disaster sooner than we thought.

It is hardly surprising that the Reserve Bank of India's decision to revive a plan, first mooted in 2007, to introduce credit default swaps (CDSs) in India has met with considerable apprehension.

A day after the storm, it was apparently business as usual for Reserve Bank of India Deputy Governor K C Chakrabarty.

High prices, individual investors and funds retaining their faith in gold as an alternate investment option also helped in improving the import figures.

RBI on Tuesday raised its short-term lending and borrowing rates by 0.25 per cent and 0.50 per cent respectively to bring inflation down to six per cent by March 2011 from double digits now.

The unemployment rate in the United Kingdom slipped to 7.8 per cent in the three months leading to May, and the number of unemployed people declined to 2.47 million during the same period.

The government on Tuesday said it is focusing on putting the economy back on the 9 per cent growth trajectory from 7.4 per cent during 2009-10 and then further pushing it to double digits.

Republican Senators Scott Brown and Olympia J Snowe are the latest to announce their support to the bill.

The migration of people to developed countries fell in the wake of the global economic crisis, as many of these nations saw lower demand for labour, according to the OECD.

As a rule, when Tarun Das speaks, he is to be taken seriously. The exception occurs when the Confederation of Indian Industry's former chief mentor says that Deepa Prahalad is a clone of her father's.

Rejuvenated by the success of the all-India strike on July 5, the Left and the saffron forces are planning another strike.

The biggest message is: the country is rather tired of the price spiral which has remained quite high for a long spell. The pocket is pinching and that counts, writes Mahesh Vijapurkar.

The draft regulations on compensation of private banks, based on sound risk management and productivity linked principles, comes within days of the US Congress passing a major financial reform bill to discipline firms on Wall Street.

According to the RBI report, the unrest in the global economy continue, it can impact the jobs in the country's labour-intensive sectors and may even affect domestic demand.

Finance Minister Pranab Mukherjee on Monday said the medium-term outlook for the economy is bright and presents an excellent opportunity to take the growth process forward.

British newspapers were unsparing in their condemnation of the England soccer team after they were defeated 4-1 by Germany in the second round of the World Cup in Bloemfontein on Sunday.

The Dutch financial services major ING on Thursday exited private sector lender Kotak Mahindra Bank by selling its entire stake in a block deal for Rs 801.1 crore (Rs 8.01 billion).

The Chinese yuan has the potential to be an alternative to the US dollar and help create a multi-currency global reserve system, says an Asian Development Bank report.

The committee members from the ruling and Opposition parties, in separate interactions with BSE and NSE, termed the volatility as 'clueless' and wanted both the exchanges to pull up their socks.

The Washington-based multilateral lender had extended only $2.2 billion loan to the country for the year ended June 2009.

Going by the latest data, the unemployment rate rose by 0.1 per cent to 7.9 per cent for the three months to April.

Exports from the world's largest supplier of gems and jewellery were valued at $1.87 billion in May 2009.

India Inc on Friday expressed the hope that the robust 17.6-per cent industrial growth in April will help the economy grow by 8.5 per cent in this fiscal, even though factory output growth may moderate after June.

The Japanese economy expanded by a healthy 5 per cent in the first three months of 2010, higher than the forecast, on increased consumer spending.

The MTA will now be placed before the National Development Council, highest policy making body in the country headed by Prime Minister Manmohan Singh.

Here we present a list of the 10 biggest banks of the world in terms of market capital and brand value, as compiled by www.brandirectory.com.

Here we present a list of the 10 biggest banks of the world in terms of market capital and brand value, as compiled by www.brandirectory.com.

Berkshire has reduced its stake as various regulatory inquiries and a slowdown in the business of rating lucrative structured bonds has taken a toll.

India largely exports pharmaceutical products, minerals, plastics, cotton, garments, iron and steel.