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Swiss banks more upbeat despite data exchange concerns: Survey

Last Updated: Friday, January 9, 2015, 00:01

Eighty-eight percent of the 120 banks covered said their performance was "positive" against 71 percent last year, the EY audit and advisory firm said in a survey.

India has positive balance of trade with US, Britain

Last Updated: Friday, December 19, 2014, 19:19

Top ten countries which imported more from India than exported to the country in 2013-14 include the US, Singapore, the UK and Bangladesh.

BoP narrows but remains in surplus for fourth year in a row

Last Updated: Tuesday, December 9, 2014, 00:04

The country's balance of payments (BoP) remained surplus for the fourth consecutive year at USD 6.9 billion for the second quarter, narrower than USD 11.2 billion surplus in the first quarter, the Reserve Bank of India said Monday.

Balance of trade not in India's favour: Sitharaman

Last Updated: Monday, December 8, 2014, 15:34

"Our trade balance is not really in favour. Simply put, we seem to be importing a lot more than we export," Commerce & Industry Minister Nirmala Sitharaman said.

Push for exports, cash in on exchange rates: FM to traders

Last Updated: Saturday, November 23, 2013, 17:30

Exports grew by 13.5 percent in October, the fastest pace in two years.

Digvijay Singh has lost his `mental balance`: MG Vaidya

Last Updated: Saturday, November 2, 2013, 13:40

Rashtriya Swayamsevak Sangh (RSS) leader MG Vaidya on Saturday said Congress General Secretary Digvijay Singh should not be taken seriously as he is mentally unstable.

UBS disappoints despite profit boost

Last Updated: Tuesday, October 29, 2013, 15:14

Swiss banking behemoth UBS said on Tuesday it had swung into profit in the third quarter, but missed analyst expectations and a regulator said it must strengthen its balance sheet.

Most accurate definition of kilogram on anvil

Last Updated: Thursday, October 24, 2013, 18:32

Researchers have developed a novel system to allow a direct comparison of an object being weighed in a vacuum to one outside a vacuum.

India's financial stress made corporates, banks more vulnerable: IMF

Last Updated: Friday, October 11, 2013, 19:08

The recent financial stress in India has contributed to greater vulnerability of corporate and bank balance sheets and a further downward revision of growth forecasts, the IMF has said.

Barclays says sells almost 95% of new shares

Last Updated: Friday, October 4, 2013, 15:10

The lender has received valid acceptances in respect of 3.04 billion new ordinary shares.

Poor can also open zero balance account in foreign banks: RBI

Last Updated: Wednesday, September 11, 2013, 20:43

People belonging to weaker sections in the country can also open zero balance accounts in foreign banks such as HSBC, Citibank and Standard Chartered Bank and avail free ATM-cum-debit card facility.

No question of a throwback to 1991 crisis: PM

Last Updated: Saturday, August 17, 2013, 12:06

Prime Minister Manmohan Singh on Saturday ruled out the possibility of India witnessing a repeat of the 1991 balance of payments crisis and also reversing the path to globalisation of the economy.