Indian currency is extensively used by Nepalese people and businesses for their savings and transactions.
Tariff imposed on U.S. imports removed for three months.
May is touring European capitals trying to secure concessions on her Brexit deal to sell it to a hostile domestic Parliament.
Pimco sees slow U.S. growth and higher risks of recession in 2019 as economic cycle ages.
Thirteen senior economists outline India’s future economic strategy ahead of the elections.
The warnings come a week before the Federal Reserve announces its next policy decision.
Russia’s central bank raised its key interest rate a quarter-point to 7.75 percent.
The poll-bound Modi government may announce a holistic or selective farm loan waiver.
The amount of worldwide public and private debt is equal to about 225 percent of gross domestic product.
India’s central bank board will meet today with new worries emerging about the institution’s independence.
Three categories — vegetables, pulses and sugar — account for a bulk of the decline in food inflation
The finance minister questioned how a mere discussion on RBI’s functioning could be considered “destruction” of an institution.
Buyers and sellers across the price spectrum are now impacted by Brexit, according to Hew Edgar, head of policy at RICS.
The report is the latest signal of weakness as the economy approaches its longest-ever expansion.
The Gallup survey showed that Japan’s 126-million strong population would grow by just 1 percent.
The European Central Bank took the watershed decision to halt its 2.6 trillion-euro ($3 trillion) bond-buying program.
China’s monetary policy will continue to be supportive to its economy, People’s Bank of China Governor Yi Gang said.
Benchmark interest rate, after adjusting for inflation, stood at 4.2 percent after inflation slowed to 2.3 percent.
Jobless claims dropped to 206,000 in the week ended Dec. 8, below the 226,000 median estimate.
Interest-rates won’t rise until the first quarter of 2020, suggests Mario Draghi
The purchases represent a major gesture by China toward easing tensions between the world’s two largest economies.
New RBI Governor Shaktikanta Das had said that the inflation remains benign.
The cost of borrowing is likely to focus on the shape of policy in 2019 against a backdrop of shaky global growth.
Theresa May’s confidence vote may increase the possibility of a reversal of Brexit, says Goldman Sachs.
The core consumer price index, which, rose 0.2 percent from the prior month and 2.2 percent from a year earlier, says a report.