vinod shaerma

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Gold Imports by India Seen Tumbling as Curbs Boost Titan’s Costs

Gold imports by India, the world’s largest consumer, are plunging as an increase in tax and restrictions on financing shipments boost costs for …

China’s Credit Bubble About to Implode: Fitch Analyst

One prediction made more than any other over the past couple of decades is that China's miraculous economy is headed for a fall.<p>China bears have …

Gold Falls to Four-Week Low on Fed’s Stimulus Outlook

Gold declined to the lowest in four weeks after the Federal Reserve Chairman Ben S. Bernanke said the central bank may “moderate” the pace of U.S. …

Big Steel has become a very big problem for China

Even by China’s standards, Wuhan Iron & Steel is enormous. As we drive along the four-lane highway beside the 22 sq km site – with its eight blast …

Treasury debuts new Lew signature

Treasury Secretary Jack Lew has a new signature, at least for appearing on U.S. currency.<p>The Treasury Department unveiled Lew’s new autograph Tuesday afternoon in a tweet.<p>The first bills bearing his signature will be $5 notes printed this summer, a Treasury spokeswoman said. As the Federal Reserve …

Taxpayers pay millions for fed workers' student loans

The perk was designed to make government jobs more appealing to those who might earn more in the private sector. But a debate is brewing about whether it's due for the chopping block.<p>Congress may let student loan interest rates double July 1, but some federal workers and congressional staff likely …

Bank of England ratesetters remain split over QE at Sir Mervyn King's final meeting

Bank of England rate-setters remain split over how to strengthen Britain's fragile recovery, as minutes revealed that Sir Mervyn King was again outvoted on more stimulus measures in his final month as Governor.<p>Sir Mervyn was outvoted for a fifth consecutive month on extending the Bank's £375bn …

Economics