Gold struggles even as equities drop further after China rate cut

Last Updated: Wednesday, August 26, 2015, 10:28

Gold slipped on Wednesday, struggling to draw buyers even as Asian stocks fell further despite China`s latest policy easing with investors remaining wary of a near-term hike in U.S. interest rates.

Asian shares wobble after China rate cut

Last Updated: Wednesday, August 26, 2015, 09:05

Asian stocks flip-flopped on Wednesday after China cut interest rates in a bid to restore confidence in its sagging economy, with trading volatile after days of heavy swings across world equities.

Video: China cuts rates, adds fuel to European stock

Last Updated: Tuesday, August 25, 2015, 18:52

China stocks crashed for the second day on Tuesday prompting the central bank of the world's second largest economy to cut the reserve requirement ratio and key interest rates.

Chinese shares crash for the 2nd day, central bank cuts rates

Last Updated: Tuesday, August 25, 2015, 17:28

The benchmark Shanghai Composite Index fell 7.63 per cent to 2,964.97 points, following the 8.49-per cent loss in its worst daily slump since February 2007.

World stocks, dollar, oil extend gains after China cuts rates

Last Updated: Tuesday, August 25, 2015, 16:33

The pan-European FTSEurofirst 300 index rose 4.2 percent, recouping the bulk of the 5 percent-plus it lost the previous day.

Raghuram Rajan says enough reserves to contain volatility, hints at rate cut

Last Updated: Monday, August 24, 2015, 15:03

"I wish to reassure the markets that our macroeconomic factors are under control as the economy is in much better position relative to many other economies," Rajan told the IBA-Ficci organised banking summit Fibac.

Raghuram Rajan reassures markets as China woes spread like wildfire

Last Updated: Monday, August 24, 2015, 11:30

Rajan said the country has USD 380 billion in forex reserves to be used as and when the need arises. He also said he sees oil prices remaining at low levels at for a year or two.

Low inflation, not public pleading, should drive rate cut: Raghuram Rajan

Last Updated: Monday, August 24, 2015, 11:07

"Rate cuts should not be seen as goodies that the RBI gives out stingily after much public pleading," Rajan said in a speech to a banking event.

RBI likely to go for 0.25% cut in September: HSBC

Last Updated: Sunday, August 23, 2015, 12:21

According to the global financial services firm, food prices have been falling across all major sub-groups, across the CPI and WPI measures, both on annual and sequential basis.

Raghuram Rajan nudges banks to cut lending rates

Last Updated: Thursday, August 20, 2015, 23:01

RBI Governor Raghuram Rajan Thursday said there is a need for banks to cut their lending rates anticipating the benefits which will be accruing from the central bank's rate cuts.

Rate cuts: Raghuram Rajan says watching monsoon impact on inflation

Last Updated: Thursday, August 20, 2015, 17:11

Amid persistent rate cut calls from the government and the industry, RBI Governor Raghuram Rajan on Thursday said the central bank is keeping a watch on monsoon and global factors to assess their impact on inflation.

Government steps up pressure on RBI to cut rate

Last Updated: Thursday, August 20, 2015, 15:38

Finance Minister Arun Jaitley is stepping up pressure on the RBI to cut rates as the economy struggles and price rises slow, with some bureaucrats working behind the scenes to argue for an immediate cut of as much as 50 basis points.