E-PaperLira Vs Dollar News
Turkey hikes gas, power prices by 14% as lira crisis deepens
Inflation hit a 14-year high of nearly 16% in July
2 min read1 Sep 2018Opinion | Suddenly, another emerging market currency crisis
The case of the lira is instructive. Turkey has a low savings rate and an extraordinary appetite for hard currency borrowing by companies
4 min read19 Aug 2018Turkey to boycott US electronic goods, says president Erdogan
Turkey facing an economic attack and a bigger, deeper operationm says Turkish President Erdogan
2 min read15 Aug 2018Global Markets Wrap: Stocks rebound as Turkey calms, dollar declines
The lira rose, and the country's benchmark equity index climbed even as a diplomatic stand off between Turkey and the US dragged on
1 min read14 Aug 2018Lira drags emerging market currencies down with it as contagion spreads
Investors are cautious about emerging markets as the prospect of a global trade war compounded concerns about a hawkish US Fed and European Central Bank
2 min read14 Aug 2018Opinion | Could the Turkish contagion affect Indian markets?
India, with its rising current account deficit and pressures to spend in an election year should be cautious and focus on macroeconomic stability
3 min read13 Aug 2018Turkey not in crisis, will fight ‘economic war’, says President Erdogan
Turkish President Tayyip Erdogan calls on Turks to sell dollars and euros to support the national currency
1 min read11 Aug 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared