J.P.Morgan says the depreciation in both nominal and effective terms of the rupee has already resulted in a 'substantial' loosening of monetary conditions in India.

The bank estimates the 10 per cent

Goal-machine Cristiano Ronaldo is at the peak of his career but the world's most expensive player still has one unfulfilled ambition - to win a major international trophy for Portugal.

The 27-year-ol

Goal-machine Cristiano Ronaldo is at the peak of his career but the world's most expensive player still has one unfulfilled ambition - to win a major international trophy for Portugal.

The 27-year-ol

Pakistan's flamboyant all-rounder Shahid Afridi celebrated his 50th appearance in Twenty20 internationals with a half century to lead his side to a 23-run victory over Sri Lanka on Sunday.

Afridi sco

There is little respite seen for equity mutual funds in the near term, with government inaction to tackle a sharp slowdown in domestic growth and a shaky global economy driving investors away from ris

Corporate India expects the rupee to weaken more, with a majority of 440 respondents in an ING Vysya survey of 220 organisations predicting the rupee could fall to as low as 58 to the dollar in the ne

Europe's debt crisis has frayed nerves around the world for months. Now signs of weakness in the U.S. jobs market and in Chinese factory output give policymakers even more reason to be afraid.

A dark

When Jean-Claude Trichet called last June for the creation of a European finance ministry with power over national budgets, the idea seemed fanciful, a distant dream that would take years or even deca

Britain's Queen Elizabeth joined an armada of 1,000 vessels and more than a million cheering spectators on Sunday to celebrate her 60th year on the throne with the most dazzling display of pageantry s

Rockets fired from a U.S. drone killed 15 people in northwest Pakistan on Monday, intelligence officials said, an attack likely to add to tensions between Washington and Islamabad amid a standoff over