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In its fifth bi-monthly monetary policy review of the current fiscal conducted by Reserve Bank of India Governor Raghuram Rajan here, the repurchase rate at which short-term credit is extended to commercial banks was left unchanged at 6.75 percent. At present, the repo rate is...

Thailand’s trade and investment will benefit in the long run from inclusion of the yuan in the special drawing rights (SDR) currency basket of the International Monetary Fund (IMF), says a senior central bank official.

With 45 percent of its 3.5 million population in poverty, Puerto Rico is a meteorological paradise mired in economic purgatory. Richard Blumenthal, D-Conn., said it required “financial gymnastics” for Puerto Rico to clear Tuesday’s much smaller deadline. Puerto...

“I had the opportunity to talk to numerous Syrian refugees and ask them, ‘What is your supreme desire?’ And it was pretty pretty uniform: They want to go back home, obviously”. There is no evidence that a Syrian refugee was among the jihadists who attacked...

“As far as the government is concerned the mission agreed by cabinet serves German security interests”, said Steffen Seibert, spokesman for chancellor Angela Merkel.

If regulators conclude that the devices’ primary goal is to evade emissions tests, they’re considered a defeat device in violation of the law.

According to ABC News, the AquAdvantage is an Atlantic salmon with a Chinook salmon growth hormone that allows it to grow all year and a gene from the eel-like ocean pout to activate that growth hormone.

As for the 3.0-liter engines, Audi, which developed the unit, recently met with the EPA and CARB to discuss the issue and on Monday said it will submit for US approval a software update that will see the affected engines return to the right side of the regulations.

Yahoo reportedly will be facing a few crucial days of reckoning Wednesday, Thursday and Friday of this week when its board of directors meets on the company’s Sunnyvale, Calif., campus.

“He’s a legend and all I hear is about how bad he’s playing, how bad he’s shooting, time for him to hang it up”, Kevin Durant said during a team practice. “All the stuff he does on the court, people kind of mimac”.

IMF Managing Director Christine Lagarde said in a press conference that the Chinese have reformed their economy to the point that its currency can be freely used in worldwide trade.

Others interviewing for the Missouri job, according to Yahoo, are Air Force coach Troy Calhoun; Utah State coach Matt Wells; and Colorado State coach Mike Bobo. His father, Spike, was a longtime coach at Texas Tech, where Sonny played, and he mentored in the Air Raid family with...

Nick Wiggins, owner of Plantation Pines, says it typically takes about four to five years to grow a Christmas tree, depending on the weather.

The downward pressure on the euro versus the dollar is also coming from the Federal Reserve, which is expected by many to raise interest rates for the first time in years at a December 15-16 meeting.

The U.S. Treasury Department is in support of the IMF’s decision to include the renminbi in the SDR.