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The gap between economic growth, income levels and fiscal health both between and within Indian states appears to be growing, according to a Deutsche Bank report

The analysts' checklist of where the country needs to improve at state and national level shows how far India still needs to go

Asian corporations are returning to the market for bond taps rapidly after launching their original deals. That certainly makes sense for those companies, but it could damage the chances of others by making investors a lot more aggressive the first time a deal hits the market.

The ECB's long term refinancing operation (LTRO) has worked miracles for the primary market and is arguably the only emergency measure to date to have had the desired effect. But central bankers need to think extremely carefully before serving up more of the same.

Now that Greece has its bail-out, thinking about a PSI 2 for Portugal is fine, but let’s keep it theoretical. The last thing Europe needs now is to feel that contagion is real after all.

The more LTRO funding banks take, the more their senior creditors become structurally subordinated. Another big shot in the arm at the end of February means senior debt gets pushed further down the capital structure. But party on — the ECB won’t let anyone go bankrupt.

Everyone involved in the, what at times seemed interminable, €130bn Greek bail-out should take a bow. Greece will now make it through its March redemption date without spiralling into default. But it is hard to feel any more positive than that about the announcements. It’s worth remembering the numbers involved mean the Greek episode is in fact a mere sideshow compared to the rest of Europe’s debt slagheap.

The central bank's decision is seen as the first step towards looser monetary policy - but in reality interest rate hikes are more likely, say analysts at Credit Suisse

The eurozone’s ongoing debt problems and the deleveraging by region’s banks as they seek to meet capital requirements under the Basel III framework will benefit US dollar bond issuance in Asia, say experts.

—Markus Ferber, German member of the European Parliament and member of the Parliament’s Economic and Monetary Affairs Committee, on the powers of the European Securities and Markets Authority.

How Linsane are you? Linsane enough to put your hard-earned money on the back of an unexpected Asian-American basketball phenom?

Swaps counterparties were being targeted by the Commodity Futures Trading Commission under proposed regulations that would have blocked them from using updated and improved valuation methods.