Italian Prime Minister Mario Monti warned the European Union on Friday not to let divisions over managing its debt crisis blow up into serious splits, and French President Nicolas Sarkozy warned that

Europe faces another year of dismal economic performance in 2012 that will weigh on global growth, but emerging markets and the United States should at least keep the world economy moving in the right direction.

India's economy is likely to grow less than 7.6 per cent this fiscal year and the RBI's aim to bring inflation down to 7 per cent by the end of March faces uncertainty over the rupee, oil prices, and the euro zone debt crisis, Reserve Bank of India governor Duvvuri Subbarao said on Thursday.

The dollar rose against other currencies on Monday following news that North Korean leader Kim Jong-Il had died, which sparked worries over instability in the reclusive state.

The greenback gained gr

France is giving Britain a 'good kicking', deputy premier Nick Clegg said in an interview out Saturday, as the spat over each other's economies rumbled on.

Clegg warned against lurches into xenophobi

Noting that India's current account deficit has become 'too enlarged', a Planning Commission member on Saturday called for a more restrained fiscal deficit.

"Our current account deficit has become mu

A sudden stop to growth in Brazil. Rising political risk in Russia. A slide in India's rupee to a record low. A marked slowdown in growth in China.

Have big emerging markets had their day? After all,

India's central bank is likely to keep interest rates on hold this week, analysts and economists said, as policymakers prepare to meet amid fresh signs of a slowdown in the fast-growing economy.

The

The euro moved towards a one-year low against the dollar in Asian trade on Wednesday, amid questions over Europe's ability to contain its sovereign debt crisis.

The unit, which fell below $1.31 in Ne

Working almost to exhaustion and persuading countries one by one, European leaders agreed on Friday to redefine their continent — hoping that by joining their fiscal fortunes they might stop a crippli