Jaguar Land Rover had warned that its profits could drop by Pound 1 billion by the end of this decade, if the UK leaves the EU
The impact of Brexit on India could potentially come from either the trade channels or via tightening of financial conditions which then have a knock on impact on the real economy
In short term, riskier assets could be under pressure even as safer havens like USD and gold remain in demand
Mumbai gold saw the highest jump in a day after August 2011 to close 4.2% higher at Rs 30,755 for 10 grams
How Europe can contain damage from Brexit
Netherlands, Denmark, Sweden and France demanded referendums on membership of the union
In medium term, the textile sector hopes both the EU and the UK will be more open to quicker signing of FTAs with India
Says hedging of forex exposures has gone up; central bank to provide liquidity if there is volatility in currency markets
UK votes by 52% to 48% to leave the European Union
UK currency pound falling in comparison to Indian rupee may mean cheaper education for Indian students
This vote will obviously have a direct impact for the UK economy, as it negotiates an unprecedented departure from the EU
Tata Motors, Tata Steel Europe, Motherson Sumi, Tata Consultancy Services (TCS) and Infosys are expected to face the brunt of Brexit
Jack Lew said the US will work closely with both London and Brussels and international partners to ensure continued economic stability
By saying this, it sought to calm global financial markets on Friday
ECB Governing Council member Ewald Nowotny said markets were already stabilising after the initial surprise, and that panic was not justified
Brexit has aggravated worries about growing protectionist tendencies and support for ultra-right and conservative politicians in Europe
Now, Britain would have to renegotiate its relationship with the rest of the WTO