Indian News


Asian-Markets1_16Sep14.jpg The Asian markets retreated, unimpressed by the lackluster lead from Wall Street overnight. Additionally, fears concerning monetary policy normalization in the U.S. ahead of Wednesday's rate decision weighed down in the minds of traders.

RBI-Raghuram-Rajan-091514.jpg While a stable government helps India to stand out among its emerging market peers, the economic recovery remains uneven amid weak industrial production and easing inflation, Reserve Bank of India Governor Raghuram Rajan said Monday. Speaking at a banking conference in Mumbai, Rajan said, "Recovery is still uneven."