Capital controls could last for years

The State Duma Committee on Financial Markets will meet on Friday, and is expected to approve the bill, as they already have support from both government and bank deputies. If approved by deputies, the Central Bank will increase control over banks, ...

Uttar Pradesh Chief Minister Akhilesh Yadav today ordered suspension of the finance controller of Kanshiram Agricultural university in Banda district on charges of

Patna, Apr 26: Alarmed by the chit fund scam in West Bengal, the Bihar government in a bid to tighten control over non-banking financial institutions has decided to monitor them and form a data base.Deputy Chief Minister Sushil Kumar Modi, who is also state ...

Lack of awareness and financial constraints among the needy are affecting the management of asthma, an ailment that requires lifelong medication. The general trend, witnessed worldwide, is that the...

/PRNewswire-USNewswire/ -- Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (NASDAQ: CLWR), sent separate letters today to Clearwire stockholders and John W. Stanton, Chairman of the Clearwire ...

NICOSIA (Reuters) - Cypriot Finance Minister Michael Sarris quit on Tuesday after concluding talks with foreign lenders on a bailout that forced the island to slap unprecedented losses on bank depositors in return for aid. The news came after Cyprus announced ...

China's banking watchdog has ordered rural financial firms to strictly control lending to local government financing vehicles.

Finance Minister P Chidambaram said the government’s fiscal deficit this financial year would be restricted to 5.2 per cent of the gross domestic product. However, in reducing the deficit, a lot of Plan expenditure was cut, which hurt growth. In an interview with DD News, Chidambaram said there wasn’t much room for a cut in non-Plan expenditure. He also suggested reducing interest rates would help stimulate growth. Excerpts: On current account deficit (CAD) In the long term, the ...

In a country where financial decisions in the family are still largely a male-dominated preserve, young Indian women are increasingly beginning to take control of their finances, a survey by US-ba...