Non-subsidised LPG rate cut by Rs 5; ATF to cost more

Last Updated: Friday, May 1, 2015, 11:49

The reduction comes on the back of two successive hikes - Rs 5 on March 1 and Rs 11 on April 1.

Fed's Lockhart says 'murky' data complicates rate hike decision

Last Updated: Friday, April 17, 2015, 03:33

Atlanta Federal Reserve Bank president Dennis Lockhart said on Thursday the recent "murky" run of U.S. data has him leaning against a June interest rate hike, but added he is confident the economy will remain on track.

Gold price falls on firmer dollar as US rate hike bets intact

Last Updated: Tuesday, April 14, 2015, 13:28

Gold dropped for a fifth session in six on Tuesday as a firmer dollar eroded modest gains to drag bullion back below $1,200 an ounce, while prices are likely to come under further pressure amid a looming hike in U.S. interest rates.

Gold slips as dollar gains, US rate hike worries drag

Last Updated: Monday, April 13, 2015, 13:26

Gold dropped for a fourth session in five on Monday as the dollar firmed, backed by expectations the Federal Reserve may be on course to raise US interest rates soon.

Gold price near one-week low as US rate hike bets boost dollar

Last Updated: Friday, April 10, 2015, 08:54

Gold hovered near a one-week trough on Friday and was set to snap a three-week rally, pressured by renewed expectations for a U.S. rate hike this year despite recent soft economic data.

Gold price slips on renewed bets for US rate hike in June

Last Updated: Thursday, April 9, 2015, 09:21

Gold retreated for a third session in a row on Thursday after comments from Federal Reserve officials and minutes of the U.S. central bank`s meeting last month suggested that a rate increase in June remained on the cards despite recent weak data.

Gold falls 1% as Yellen signals US rate hike on track

Last Updated: Monday, March 30, 2015, 14:06

"Yellen`s latest comments might just change the course of gold and cause a downward movement in the price from hereon," said Howie Lee, analyst at Phillip Futures, who sees gold dropping to as low as $1,180.

Fed rate hike may be warranted later this year: Yellen

Last Updated: Saturday, March 28, 2015, 09:10

The US Federal Reserve is giving "serious consideration" to beginning to reduce its accommodative monetary policy and a rate hike may be warranted later this year, although a downturn in core inflation or wage growth could force it to hold off, the central bank`s chief said on Friday.

Banking stocks slump amid weak market, profit taking

Last Updated: Thursday, March 19, 2015, 19:33

Banking stocks Thursday faced heavy selling pressure and fell by 1-3 percent on profit booking in a weak market.

Rupee gains for the 4th day Vs US dollar, up 17 paise

Last Updated: Thursday, March 19, 2015, 19:13

Extending its string of gains to the fourth straight session, the Indian rupee Thursday appreciated by 17 paise to end at 62.52 against US dollar after the Federal Reserve's dovish stance on rates eased outflow concerns.

India's record FX warchest set for US Fed rate hike test

Last Updated: Thursday, March 19, 2015, 18:08

Chastened by a tumble in the rupee in 2013 at the prospect of tighter US monetary policy, India has built up record foreign exchange reserves of nearly $340 billion to insulate the economy from capital flight as the United States prepares to lift interest rates.

'Economy in much better shape to weather tighter US monetary policy'

Last Updated: Thursday, March 19, 2015, 17:53

India`s economy is in much better shape to weather tighter US monetary policy than it was two years ago, according to the economics team from ICICI Securities PD, the most accurate forecasters on Indian economic data in Reuters polls last year.