ECONOMY

UK Treasury minister puts pressure on independence campaign after OBR estimates on North Sea oil revenues.

BES says it has €2.1bn of additional capital beyond the minimum it is required to hold.

Parliament's BIS committee lashes out at controversial privatisation of comms firm Royal Mail.

Delegation to meet court-appointed mediator will be formed by economy ministry's judicial and financial team.

Fitch and Moody's Investors Service say they are happy with the fiscal and growth targets in budget.

China's central bank governor Zhou Xiaochuan said reforms are necessary for China.

A lack of specific measures in budget means reversal of fiscal and economic weakness will be slow.

Opec predictions for 2015 show US boosting its own oil production by 7%.

Businesses cannot 'hide' from the strength of the pound, so build it into your strategy

Iraq's Kurds are showing increased assertiveness as Baghdad flounders.

Government proposes price stabilisation fund for farm produce.

Goods and services tax (GST) regime can add about 1.5% to India's GDP.

Prime Minister Narendra Modi's maiden budget was expected to announce major reform measures but the document didn't meet such expectations, analysts said.

Import tax on gold remains at record-high 10%.

Fiscal watchdog highlights long-term fiscal challenges for UK government as revenues decline and population ages.

Russia's state-controlled firms must have accounts at banks with at least 10bn roubles in capital.

Exports for June rose 7.2%, compared to May's growth of 7%, and trade surplus remained about $30bn.

While Arun Jaitely's budget provided some help to lower and middle income groups, it would not be sufficient as living costs surge.

Finance Minister Jaitley reassures foreign investors that they will be treated fairly.

Goods trade and overall trade deficit increase amid low eurozone demand.

145 IPOs raised £17.7bn across Europe.

Rics housing market survey shows some potential home buyers put off by tough mortgage market talk.

Moscow banned advertising alcoholic drinks across the media in 2012, in a bid to deal with the nationwide drink problem.

We should start by asking the basic question – what are we trying to tax?

Global economic recovery depends on situation in US due to economic weakness in China, says Chinese Finance Minister Lou Jiwei.

The newly-elected government of India under Narendera Modi presented its maiden budget on 10 July.

Rupee opens slightly firmer at 59.69/dollar on hopes that the budget will boost outlook for foreign inflows.

Official estimates show that capital flight could reach $100bn by the end of 2014.

Nemat Shafik steps in as deputy governor at the Bank of England.