World economy
Bank of Cyprus chairman resigns amidst squeeze on banks
26 Mar 2013
Ratings agency Moody's estimates Russian bank loans to Cyprus-based companies of Russian origin at $30-40 billion
BRICS to discuss global growth, stability at Durban
25 Mar 2013
India will also urge faster movement on reform of multilateral institutions like the World Bank and the IMF, Prime Minister Manmohan Singh said in a statement ahead of his departure
Cyprus agrees to new EU bailout deal
25 Mar 2013
Cyprus agreed to shut down its second largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians, in return for a €10-billion bailout
Fitch places UK on rating watch negative
23 Mar 2013
Global ratings firm Fitch Ratings moved a step closer to stripping the UK of its top credit raing after chancellor of the exchequer George Osborne said debt would increase more than previously forecast
BRICS set to endorse reserves pool, development bank
22 Mar 2013
The framework agreement envisages grant of credits in local currencies and cooperation in capital markets and other financial services in BRICS markets
Cyprus seeks Russian loan to cut its debt
22 Mar 2013
Osborne’s fourth budget scraps fuel-duty hike
21 Mar 2013
Pak polls on 11 May as Zardari’s PPP completes term
20 Mar 2013
The election could mark the first time that one elected civilian government hands over the reins to another in Pakistan, which has seen three military coups and four military rulers
Markets cheer as Cyprus rejects levy on bank deposits
20 Mar 2013
Russians hold €15.4 billion of the total foreign deposits of €26.8 billion in Cyprus in the overall total of €64.8 billion
Eurozone trade deficit at €3.9 bn in January
19 Mar 2013
China's Xi moots infrastructure cooperation with India to mend ties
19 Mar 2013
Unveiling five proposals for keeping relations between India and China on the right track, Chinese President Xi Jinping suggested maintaining tranquility on the border while boosting commerce
Poorest hit hardest by tax policies
18 Mar 2013
Cyprus move to tax bank accounts jolts global markets
18 Mar 2013
The move to tax bank accounts has prompted a run on banks across Cyprus and other weaker euro zone economies, which could spread to other, larger, European countries
UK sets up cyber crime reduction partnership
16 Mar 2013
New Chinese Premier Li assures Indian PM of seeking closer ties
16 Mar 2013
Hours after his official appointment, China’s new Premier Li Keqiang told Prime Minister Manmohan Singh that Beijing would like to take strategic cooperation and partnership with New Delhi to a "new stage
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