Asian stocks set for worst monthly drop in three years on global rout

Last Updated: Monday, August 31, 2015, 09:05

Global markets are bracing for Chinese data on Tuesday which is expected to show the world`s second-largest economy is continuing to lose momentum.

Airtel, Idea hike post-paid data tariffs by 20% in Delhi

Last Updated: Sunday, August 30, 2015, 11:08

However, there has been no hike in data charges by Vodafone in the post-paid category in Delhi or any other circles.

FDI in services sector dips 14% in April-June quarter

Last Updated: Sunday, August 30, 2015, 10:39

The (services) sector contributes about 60 percent to the India's economic growth. In FY 2013-14, foreign investment in the sector increased to USD 3.25 billion from USD 2.22 billion in the preceding fiscal.

Bank credit decelerates to 8.6% in Apr-Jun quarter

Last Updated: Friday, August 28, 2015, 22:25

Scheduled commercial banks' credit growth slowed to 8.6 percent in quarter ended June against the 12.9 percent in the same period last year, the RBI data showed.

Oil prices extend gains after biggest daily climb in 6 years

Last Updated: Friday, August 28, 2015, 14:11

Crude oil futures rose on Friday, adding to their biggest one-day rally in over six years the day before, led by recovering equity markets and news of diminished crude supplies.

Gold eyes worst week in five as strong US data fuels Fed hike view

Last Updated: Friday, August 28, 2015, 09:27

Gold was stuck near recent lows on Friday and was on track to post its biggest weekly drop in five as strong U.S. economic data backed the case for a near-term increase in interest rates.

Oil markets catch breath after biggest gains in six years

Last Updated: Friday, August 28, 2015, 08:27

Crude oil futures were largely steady on Friday after posting their biggest one-day rally in over six years the day before led by recovering equity markets and news of diminished crude supplies.

Asia extends stocks rally as upbeat US GDP calms nerves

Last Updated: Friday, August 28, 2015, 08:07

Asian shares extended a global rally on Friday after upbeat U.S. economic data calmed sentiment, with Chinese stocks jumping for the second day following a rocky start to the week.

Wall Street surges for second day as China fears fade

Last Updated: Friday, August 28, 2015, 01:37

Wall Street rallied on Thursday as investors grew optimistic that the worst of recent market turmoil was over after strong U.S. economic data and hints that a September interest-rate hike was unlikely.

US oil jumps more than 10% to $42.56 a barrel

Last Updated: Friday, August 28, 2015, 00:53

US oil prices surged more than 10 percent Thursday, climbing back above $40 a barrel after strong American economic growth data lifted confidence about the world`s biggest economy and petroleum user.

PM asks officials to address call drop problem urgently

Last Updated: Tuesday, August 25, 2015, 16:07

Prime Minister Narendra Modi has voiced serious concern over call drops and directed officials to resolve the problem urgently besides ensuring that it does not extend to data connectivity.