The diplomatic rancor had triggered a crash in Turkish currency lira
1 min read13 Oct 2018The 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 2018Economies of India and Indonesia have adequate buffers to be able to weather the emerging market rout, according to Fitch
1 min read7 Sep 2018Investors eye deadline for the next round of China-US tariffs next week
3 min read29 Aug 2018Weak currency, runaway inflation and current-account deficit are Turkey's key vulnerabilities, say rating agencies
1 min read18 Aug 2018Country also limits banks' ability to short lira, in latest crisis move
4 min read15 Aug 2018So 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 2018A 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 2018The 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 2018The 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