Undoubtedly, Bangalore is still the number one IT/ITeS outsourcing location in the world, as noted by an Economic Times article quoting a 2014 survey of the top 100 IT locations. It’s not difficult to see why — the city not only boasts the highest number of startups, but also has an ecosystem that supports the startup culture. It has ...

  Anthony Fensom The Bank of Japan is determined to cheapen the currency of the world’s third-biggest economy. Who might be the winners and losers, both at home and abroad? On Friday, the yen ended trading with its first two-week decline since May on speculation of further monetary stimulus at the Bank of Japan’s (BoJ) July 29 policy meeting. Despite ...

  Tokyo / AFP Tokyo shares slumped for a third session on Tuesday as a rally in the yen hit exporters ahead of closely watched US and Japanese central bank meetings. Traders followed their US counterparts in selling equities, with Wall Street retreating from record highs on profit-taking and a drop in crude prices. While the Federal Reserve, which concludes ...