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When Venezuela's star stopped shining

In the '70s, when other Latin American nations were crumbling under ruinous debt, Venezuela remained economically solvent and politically stable.Not only was it a democracy in a continent plagued......

4 reasons behind Britain leaving the European Union

'Britain always had a very special relationship with the EU -- it always was an on/off relationship. It retained its own currency and visa.''Britain always had what you call in EU lingo 'opt out......

Four reasons behind UK leaving European Union

'Now Britain will no longer be bound by the EU’s regulations to take any more refugees' 'The common Britisher thought that they were losing power as a country' 'If one State......

'Sooner or later, we will hear news about Dawood's end'

'After Rajan is back in India, our resident dons are almost down. I won't say that they are out. So, now the obvious question is about Dawood, and the present government, I think, is more than......

Pravasi Special: Friends of India

‘India today has to fight many a battle, all of which cry out for innovation. This is where the experience of the Diaspora could be the most productive well-spring,’ says Shreekant......

Brics likely to focus on closer energy partnerships among members

The 16th Brics Summit beginning Tuesday in Kazan, Russia, is expected to see more focus on creating a sharper energy policy for Brics that ensures closer partnership among members in both energy......

Who Can Dethrone The US Dollar?

Policymakers should aspire to restore the pre-Independence environment where the rupee was trusted and used all over South Asia, in Southeast Asia, in West Asia, and in East Africa, suggests Ajay......

BSE to invest Rs 150 cr to set-up an international exchange

The new exchange will provide electronic platform for facilitating trading, clearing and settlement of securities, commodities, currencies, other classes of assets and derivatives by international......

Finance ministry to meet officials of all bourses

The Union finance ministry has called a meeting of top officials of the stock and currency exchanges regulated by the Securities and Exchange board of India (Sebi) in first week of August.The......

Yuan has a long way to go before it catches up with euro, dollar

China could place the currency on a par with global biggies. But it has to wait to be a serious challenger, explain Abheek Barua & Bidisha Ganguly. Shorn of technicalities and jargon, the......

Mallika Sherawat's brother booked under FEMA

Vikram Lamba, brother of Bollywood actress Mallika Sherawat, was today booked under the Foreign Exchange Management Act (FEMA) for carrying foreign currency beyond permissible limit and not......

Olympic committee has over $500 in reserves: IOC

The IOC's financial situation remains solid despite the global economic crisis, with reserves of $558 million and continuing increases in television and sponsorship revenues. International Olympic......

Pakistani trio admit they took money

In a sensational turn to the spot-fixing scam, the three Pakistani cricketers - Salman Butt, Mohammed Aamir and Mohammed Asif - on Saturday admitted that they took money from bookie Mazhar Majeed......

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