Pakistan to remain on FATF grey list till February

PARIS: The Financial Action Task Force (FATF) has decided to put Pakistan on its grey list till next February and directed Islamabad to take "extra measures" for "complete" elimination of terror financing and...

USTR may visit India soon to seal limited scope deal

New Delhi: United States trade representative Robert Lighthizer is likely to visit India within the next two weeks as the two sides work towards resolving their bilateral trade issues. Sources said a limited...

'Awfully high' risks of a global recession in the next 12-18 months, Moody's chief...

Containers sit stacked at Qingdao Port on Nov. 8, 2018 in China's Shandong province.Visual China Group | Getty ImagesThere's an "uncomfortably high" chance that a recession could hit the global economy in the...

India cannot sacrifice economic strength to comply with U.S. sanctions: Finance Minister

India wants to comply with global sanctions, including U.S. sanctions on Venezuela and Russia, but also needs to maintain its own strength and strategic interests, Finance Minister Nirmala Sitharaman said in an interview...

Important for India to keep fiscal deficit in check: Gita Gopinath

WASHINGTON: It is important for India to keep fiscal deficit in check, even though its revenue projections look optimistic, Chief Economist of the International Monetary Fund (IMF) Gita Gopinath has said. As against India's...

Carrie Lam shouted down by pro-democracy lawmakers on floor of Hong Kong parliament

Hong Kong's Chief Executive Carrie Lam leaves her annual policy address due to disruptions by pro-democracy lawmakers in the Legislative Council on October 16, 2019.Anthony Wallace | AFP | Getty ImagesPro-democracy lawmakers shouted...

Adani, Reliance group in race for Mumbai-Pune Expressway

MUMBAI: Adani Group and Anil Ambani’s Reliance Group are competing with a consortium of IRB Infrastructure and Government of Singapore Investment Corp (GIC) for toll operation rights on Mumbai-Pune Expressway, arguably the country’s...

US markets jump on report Brexit deal may be close, oil slips

Stocks in Europe and on Wall Street jumped about 1% on Tuesday on...

Asian shares cheered by Brexit deal hopes, sterling shines

Asian shares took off on Wednesday and sterling held near six-month highs as...

Hong Kong protesters trample and burn jersey of NBA star LeBron James

LeBron James of Los Angeles Lakers (R) takes a shot while being guarded by Theo Pinson of the Brooklyn Nets (L) during their National Basketball Association (NBA) pre-season match at the Mercedes Benz...