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Larger rates are likely to put downward tension on rates for stocks and other investments, even though pressuring the financial system by generating borrowing more expensive.

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The Finance Monthly bill's restriction on resident Indians investing over five% indirectly in offshore funds is hindering world-wide fund managers from relocating to India. This 5% limit, geared toward avoiding spherical-tripping, is tough to track and deterring fund administration activity in Present Town.

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Vatican on edge as headquarters of the Roman Catholic Church prepares with the worst: Swiss guard rehearse funeral amid Pope's grim pneumonia warning, says, ‘I may well not endure’