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Amid Trump's attacks, US Fed says trade war, not rates, undermining economy

Trump has elevated his criticism of the central bank to a shrill level in recent weeks

UK PM clinching sudden deal may be biggest Brexit risk for Pound traders

As the clock ticks toward the October deadline, the worry for some is that a deal could come late at night, taking any announcement into the so-called witching hour between New York and Tokyo trading

Mistry plans to sell road, solar power plant assets to cut Rs 4000-cr debt

Tycoon Mistry Plans Asset Sales to Cut $558 Million Debt

High on scent! fragrance makers tap into marijuana's mainstream acceptance

They are also capitalising on the CBD craze sweeping across almost every consumer industry and now featured in everything from shampoo and gum drops to mascara and pet treats

Govt's reform push: FPI surcharge rolled back, banks get Rs 70,000 cr

Finance Minister Nirmala Sitharaman's measures come after the government was criticised for failing to stem a rout in local equity markets and a slowdown in demand.

G-7 is well timed to fight recession but leaders unlikely to act

The UK, like Germany, is at risk of slipping into a recession after recent data showed a second-quarter 0.2 per cent decline in gross domestic product

Self-driving cars to javelin cart: Toyota's robots set for Olympic debut

In addition to the javelin-collecting robot, the manufacturer will have a humanoid robot, a robot to assist disabled spectators, and a telepresence robot that lets people talk with and see each other

Govt may exempt FPIs from super-rich tax to reverse economic slowdown

Nirmala Sitharaman had proposed increasing the effective tax rate on individuals with taxable annual income of above Rs 2,000 cr by about 3%, and for those earning above Rs 5,000 cr by 7%

Hong Kong turmoil could trigger world recession, warns Harvard economist

The academic's warning comes days after Federal Reserve Bank of Boston President Eric Rosengren said Hong Kong's crisis is on his global worry list

As fires rage in Amazon forests, Brazil pushes back against global flak

President Jair Bolsonaro's senior foreign policy adviser tweeted a long English language thread defending Brazil's record on Amazon deforestation and attacking media coverage

World's biggest companies accept growing inequality as defining challenge

The initiative, sponsored by the Organization for Economic Cooperation and Development, is set to be unveiled by President Emmanuel Macron as he prepares to host the G7 summit this weekend in Biarritz

Govt bailouts a moral hazard, says CEA Krishnamurthy Subramanian

Calls for a fiscal boost from the government for sectors like automobiles have been growing in the past few weeks after the budget from Nirmala Sitharaman failed to provide support

From Panglossian to Floccinaucinihilipilification: RBI msgs get complicated

Central bank watchers are already battling to predict policy makers' next move after the MPC cut interest rates by an unconventional 35 basis points

Fed needs further rate cuts to address US funding squeeze: Credit Suisse

Pressure caused by this "supermassive black hole" would seep into the foreign exchange forward, cross-currency basis and Libor-OIS markets, according to the note

South Korea to withdraw from an intelligence-sharing agreement with Japan

South Korea notified Japan of plans to withdraw from the three-year-old framework for exchanging classified military information

Will Fed cut rates further? Suspense looms as investors expect more relief

A big clue could come from Chairman Jerome Powell when he speaks on Friday at the Kansas City Fed's annual policy retreat in Jackson Hole, Wyoming

Apple to bring three new iPhones, iPad upgrades, larger MacBook Pro

The handsets will likely go on sale in September, contributing to fiscal fourth-quarter sales. But the real test will come in the crucial holiday season

From KPMG to Cathay, China warns global CEOs to fall in line on Hong Kong

Cathay, Hong Kong's flagship airline, has become a symbol of what happens when a company is judged to have crossed China's red lines

India's widening debt market cracks threaten to swallow realty tycoons

The weak performance of property businesses and an acute liquidity crunch were cited as key reasons for rating downgrades

Number of NBFCs drops to lowest in 10 yrs in India as crackdown accelerates

RBI has also tightened regulations this year by putting in place rules requiring shadow lenders to appoint a chief risk officer and proposing stringent liquidity requirements