ECONOMY

Reserve Bank of India (RBI) cuts its main lending rate or repo rate by 25 basis points to 7.75%.

Bitcoin has led a market-wide crash that saw litecoin, dogecoin and other major altcoins drop by 25%.

Russia's Finance Minister Anton Siluanov says falling oil prices have created a $180bn shortfall in revenues to date.

BTC/USD was down more than 30% on the day before paring a part of the losses.

The Varkey Foundation has called on the top companies to increase funding to education schemes.

Euro is still down on the day with risk sentiment weak, dollar up.

Universal Credit Rating Group would issue first ratings in 2015, according to Russian analyst.

Gold has to break $1255-$1270 region to delay hitting $1000.

Entry of foreign players in Shanghai FTZ is expected to trigger gradual opening to overseas capital in the e-commerce sector across China.

UK inflation at 0.5% in December is no need for alarm, says the Chancellor.

The price of bitcoin has fallen as low as $170, losing 25% of its value in the space of 24 hours.

Ukraine's economy is on the verge of bankruptcy.

On the higher side, it has to break $65 to confirm a reversal.

Japan decided to cut bond issuance to six-year low of 36.86tn yen, representing 38.3% of budget.

India will edge past China at growth rate of 7% in 2017, according to World Bank's Global Economic Prospects report.

Data underpins expectations of fresh ECB stimulus this month itself.

Economic policy cannot be left to central banks alone, as evidenced by the European Central Bank's struggle to emerge from the mire.

Pound headed for new multi-month low vs dollar.

The Bank of England governor Mark Carney will have to write to the Chancellor George Osborne.

Dalton Philips, chief executive of Morrisons, is to leave the company after disappointing Christmas sales.

Monthly inflation rate for December was 0.2% from -0.1% in November.

December saw the worst sales performance since the financial crash in 2008, according to the BRC.

Sri Lanka's debt-to-GDP ratio is very high at 78% and 43% of loans are in foreign currency.

Oversupply and weak demand continue to plague global crude oil market.

Prince Alwaleed bin Talal defends Saudi decision not to cut production to boost prices.

China's exports increased 6.1% in 2014, while imports gained only 0.4%.

Stanford scientists say cost per ton of C02 emissions is $220.

Belarus will keep its budget socially-oriented despite financial challenges, Vice Premier Kochanova said on Monday.

The planned goods and services tax (GST) is a destination-based tax regime, while the prevailing regime is origin-based.