Turkey Crisis News

News

Trump sees ‘good, even great’ ties with Turkey after Brunson release

The diplomatic rancor had triggered a crash in Turkish currency lira

1 min read13 Oct 2018
Market

Hong Kong stocks fall into bear market

The Hang Seng Index's 0.7% slide Tuesday tipped it into a bear market, extending its loss since a January peak to more than 20%

2 min read11 Sep 2018
Market

Fitch sees emerging market contagion easing as investors pause

Economies of India and Indonesia have adequate buffers to be able to weather the emerging market rout, according to Fitch

1 min read7 Sep 2018
Market

Global stocks hover as investors still on tenterhooks over trade deal

Investors eye deadline for the next round of China-US tariffs next week

3 min read29 Aug 2018
Politics

Moody’s, S&P downgrade Turkey further; recession likely next year

Weak currency, runaway inflation and current-account deficit are Turkey's key vulnerabilities, say rating agencies

1 min read18 Aug 2018
Politics

Turkey imposes up to 140% tax on rice, alcohol, cars from US

Country also limits banks' ability to short lira, in latest crisis move

4 min read15 Aug 2018
Market

Threat of contagion in emerging markets deepens commodity risk

So far, commodity markets appear to have ignored the potential for emerging-market contagion. Where there have been losses, they've been more closely tied to other concerns.

3 min read14 Aug 2018
Market

Turkey crisis, falling rupee complicate RBI’s job despite a dip in inflation

A weak rupee complicates the Reserve Bank of India's job of keeping prices in check. The RBI aims to keep inflation at the 4 percent midpoint of its target band in the medium term.

2 min read14 Aug 2018
Market

Rupee breaches 69.90 against US dollar, 70/USD ‘now in sight’

The rupee has weakened over 7.5% so far this year. The rupee closed at a new life-time low of 69.93 against US dollar today.

2 min read13 Aug 2018

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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

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