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  Black Monday: Stocks, rupee plunge on early US rate hike fears

  March 09, 2015 20:22 IST

  Mumbai: Fears of an earlier-than-expected rate hike by the US Federal Reserve spooked Indian stock market investors today with the Sensex cracking over 600 points to end below the key 29,000 level while the rupee

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  Gold slides amid global worries, silver hits multi-year low

  October 04, 2014 17:23 IST

  Mumbai: Gold prices dropped in the domestic bullion market here today on emergence of fresh selling by stockists and investors triggered by a wider overnight global sell-off.Silver prices also plummeted to a four-year low on

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  FIIs withdraw Rs 2,000 cr from Indian equities in a fortnight

  February 16, 2014 17:23 IST

  New Delhi: Overseas investors pulled out more than Rs 2,000 crore from Indian equities in a fortnight following a further reduction in the bond buying programme by the US Federal Reserve.Thus, Foreign Institutional Investors (FIIs)

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  RBI net buyer of dollar in Oct after 5-mth gap, buys USD 3.93 bn

  December 10, 2013 21:18 IST

  Mumbai: After a gap of five months, the Reserve Bank of India (RBI) was a net buyer of dollars in October after it bought nearly USD 4 billion worth greenback.  This is first time since

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  European Central Bank keeps rates unchanged

  December 05, 2013 18:42 IST

  Frankfurt, Germany: The European Central Bank left its key interest rate unchanged on Thursday, even though the economic recovery has almost ground to a halt in the 17-country eurozone.The currency bloc's chief monetary authority left

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  US economy adds 204,000 jobs in October, unemployment rises to 7.3%

  November 08, 2013 20:53 IST

  Washington: The US economy added 204,000 jobs in October, an unexpected burst of hiring during a month in which the federal government was partially shut down for 16 days. The Labor Department said Friday that

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  Rupee plummets by 77 paise to one-month low versus US dollar

  November 06, 2013 19:55 IST

  Mumbai: In step with the weak stock market, the rupee today plunged by 77 paise to end at over one-month low of 62.39 against the dollar on renewed fears that the US Federal Reserve would

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  Rupee falls 27 paise to 61.50 Vs dollar

  October 31, 2013 22:00 IST

  Mumbai: The rupee on Thursday fell 27 paise to 61.50 against the dollar on heavy month-end demand from importers for the US currency, which strengthened overseas after the Federal Reserve indicated it may taper its

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  Better placed to face Fed taper, CAD worries off radar: Rajan

  October 30, 2013 21:35 IST

  Mumbai: Reserve Bank Governor Raghuram Rajan on Wednesday said India now is in a better position to face the US Federal Reserve's unwinding of its easy money policy whenever it takes place."We are in a

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  RBI passes Re recovery as impact of delay Fed tapering

  October 28, 2013 22:50 IST

  Mumbai: The Reserve Bank today said the US Federal Reserve's decision to delay the unwinding of its monthly USD 85-billion of asset repurchase programme has brought in some stability to the rupee.  “The Fed's decision

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  Nifty sheds 44 pts as FMCG shares falter; all eyes on RBI

  October 28, 2013 22:43 IST

  Mumbai: Shares succumbed to heavy selling as investors turned cautious and booked profits in rate sensitive counters ahead of the RBI monetary policy, dragging the benchmark index Nifty down by 44 points on the National

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  US tapering: FM wants regulators to take preventive steps

  October 24, 2013 23:54 IST

  New Delhi: Finance Minister P Chidambaram Thursday asked financial sector regulators, including RBI and SEBI, to take preventive steps to neutralise the impact of US Federal Reserve's monetary stimulus tapering that is likely early next

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  US debt crisis can cause global financial turmoil: IMF

  October 08, 2013 23:48 IST

  WASHINGTON: The IMF today warned that an imminent debt default by the US due to the government shutdown would result in disruptions in financial markets and could possibly trigger global economic turmoil.“Failure to lift the

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  Investor wealth soars by Rs 1.83 lakh cr as stocks zoom

  September 19, 2013 21:59 IST

  MUMBAI: As BSE benchmark index Sensex today witnessed a sharp surge of nearly 700 points on the back of US Federal Reserve's decision to stick to its stimulus package and strengthening rupee against the dollar,

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  Rupee jumps 158 paise to 1-month high

  September 19, 2013 17:33 IST

  Mumabi: The rupee had settled just a paise lower at 63.38 against the dollar in Wednesday's trade.The rupee on Thursday zoomed by 158 paise to trade at over one-month high of 61.80 against the dollar

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  U.S. Federal Reserve not ready to reduce stimulus

  September 19, 2013 9:57 IST

  New York: The U.S. Federal Reserve has decided against reducing its stimulus for the U.S. economy, saying it will maintain the pace of its bond purchases because it thinks the economy still needs the support.The