India

THE BIG INTERVIEW

EMERGING MARKETS

Despite the slowdown in Asian growth this year, the banking sector remains in rude health, according to Aberdeen Asset Management's Hugh Young.

The Indian stock market hit an all-time high today, beating the last record high reached in 2008.

COMMENT

INDIA

The leaders of the BRICS countries - Brazil, Russia, India, China and South Africa - are planning a $100bn (£65bn) fund to protect against financial shocks.

Asian stocks jumped today as India installed a new central bank governor with ambitious plans to stabilise the falling rupee and support the banking sector.

EMs

The Indian rupee has plummeted to a record low as the soaring oil price and internal economic problems continue to derail growth.