Digital payment providers in India have mobilised hundreds of extra workers to enrol small merchants and offered their services for free, betting that severe cash shortages will prove to be the opportunity of a lifetime.
Anupriya Kumar brings you a live stream of data from India's stock and currency markets and the latest economic news from India and around the world.
The U.S. military wants to replace Afghanistan's well-worn fleet of Russian helicopters with American-made aircraft, according to a new budget proposal, a decision aimed at reducing the Afghan air force's decades-long reliance on Russian equipment.
The single-lane bridge in China's border city of Dandong is the main gateway for international trade into isolated and heavily sanctioned North Korea and it has grown unusually quiet of late, traders and businessmen in the city of 2.5 million people say.
South Korea's Samsung Electronics Co Ltd said on Tuesday it will increase dividends and consider splitting itself, as the tech giant faces possibly the biggest structural change in its 47-year history.
SINGAPORE/TOKYO For the first time since 2008, OPEC is set to strike a deal to cut oil output that may boost prices. It may also give itself a bloody nose in Asia, where big buyers are ramping up supplies from elsewhere and say they don't want to pay more for fuel.
MOHALI, India, England were bowled out for 236 in their second innings, setting India 103 to win the third test at the Punjab Cricket Association Stadium on Tuesday.
LONDON/FRANKFURT Tata Steel and Thyssenkrupp are looking at reducing the size of Britain's largest steel plant in Port Talbot, Wales, industry sources said, as the two firms press ahead with plans to merge their European steel operations and deal with the overcapacity afflicting the industry.
MUMBAI Prime Minister Narendra Modi shocked the country on Nov. 8 by abolishing 500 and 1,000 rupee notes, which accounted for 86 percent of the cash in circulation. The move was aimed at cracking down on the shadow economy, but has brought India's cash economy to a virtual standstill.
NEW YORK President-elect Donald Trump will announce on Tuesday he has chosen a vociferous Obamacare critic and an Indiana policy expert to help him overhaul the U.S. healthcare system, a transition official told Reuters.
SEOUL South Korean President Park Geun-hye on Tuesday asked parliament to decide how and when she can give up power over an influence-peddling scandal, taking the country's political crisis deeper into uncharted terrain.
|
| Name | Yield | Change |
|---|---|---|
| INR 10YR |
+6.324
|
-0.002 |
| US 10YR |
+2.316
|
-0.004 |
| JP 10YR |
+0.015
|
+0.001 |
| Name | INR | USD | EUR |
|---|---|---|---|
| INR | 1 | 68.6700 | 72.7260 |
| USD | 0.0146 | 1 | 1.0592 |
| EUR | 0.0137 | 0.9441 | 1 |
| Index | Last | Chg |
|---|---|---|
| Gold |
1,191.60
USD
|
+0.80
Exp: Dec2016
|
| Copper |
2.62
USD
|
-0.04
Exp: Nov2016
|
| Brent Crude |
47.79
USD
|
-0.45
Exp: Nov2016
|
YANGON/WASHINGTON From a remote corner of northeastern Myanmar, an insurgent army sells tin ore to suppliers of some of the world's largest consumer companies.
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