Cauvery row: DMK seeks PM’s intervention to solve crisis

Chennai: Opposition DMK today sought PrimeMinister Narendra Modi’s intervention in the Cauvery crisis, urging him to convene a meeting of chief ministers of Tamil Nadu and Karnataka and “ensure a cordial atmosphere” in both states. “Prime Minister Narenda Modi should invite the Chief Ministers of Tamil Nadu (J Jayalalithaa) and Karnataka (Siddaramiah) soon for talks […]

Behind Japan’s FX intervention threats, a calmer view of the yen

By Izumi Nakagawa TOKYO, May 19 : Publicly, Japanese policymakers have railed against the yen’s rapid appreciation to 18-month highs, putting investors on high alert against possible intervention in currency markets. Behind the scenes, though, those running economic policy have told Reuters they’re not so worried that the yen will derail efforts to revive exports […]