Sergio Mattarella Italy President

Italy's President asks former IMF economist to form government

Two of the big winners from the vote -- populist Five Star Movement (M5S) and the far-right League party -- attempted to join forces but abandoned efforts after their nomination for Finance Minister, 81-year-old Paolo Savona, was shot down by Mattarella. May 28, 2018
Reserve Bank of India

Who is Sudha Balakrishnan? Reserve Bank of India gets its first CFO

Sudha Balakrishnan, the new chief financial officer of RBI, is a chartered accountant and was a vice-president at the National Securities Depository Limited until recently. She is the 12th executive director of RBI and has come on board for a term of three years. May 28, 2018
bombay stock exchange, bse, sensex, nifty, stock markets, sensex gainers, sensex losers, buzzing stocks

Macro-data, rupee to fuel equity market's trajectory

A reversal in the rupee's trajectory was seen late last week as it strengthened by 23 paise to close at 67.78 against the US dollar. Even domestic fuel prices are expected to fall after the Brent crude cost eased to around $76 from $78 per barrel last Friday. May 27, 2018