The Finance Ministry's plan to slash import tariffs on luxury products may be applied selectively, to avoid affecting domestic producers of similar items, particularly leather and accessories, Deputy Finance Minister Benja Louicharoen said on Monday. A …

Although previous research has established that men's displays of luxury goods serve as a sexual signal to attract romantic partners, women's displays showed no such motivation. Wang, however, suspected that conspicuous consumption might simply play a …

“Women use luxury products to send signals to other women, in order to deter those other women from poaching their romantic parenter,” argue University of Minnesota researchers Yajin Wang and Vladas Griskevicius. According to their study, published in …

To put a brake on the flow of money leaving the country, the central bank followed up last month with a regulation banning Indians from transferring money overseas for real estate purchases. Rising financing costs are all the more …. The longstanding …

The “significant weakening of India's economic growth outlook” has resulted in reduced foreign investment and high current account deficits, according to Surana, which in turn have played a role in the devaluation of the rupee to record lows. “In the …

"We will refrain from competitive devaluation and will not target our exchange rates for competitive purposes. We will resist all forms of protectionism and keep our markets open," the declaration said. The leaders identified eight main challenges to …

Other countries often follow suit and devalue their domestic currency, and it becomes a race to the bottom in creating weak currencies to 'remain competitive' in the export market. Printing more money to improve liquidity in fragile economies has the …

Apple is too slow to respond to the competitive threat poised by the rising tide of innovative Android devices. We haven't even seen it yet but the iPhone 5s is already a disappointment to Apple users like myself. Apple's unwillingness or inability to …

He said while turnover in 2012 witnessed an increase of 10 per cent, rising from N65.9 billion to N72.2 billion in 2012, profitability was adversely affected as the company was unable to fully pass on the impact of raw material cost increase and naira …