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ECB flags beefed up QE as growth, inflation outlook fades

Last Updated: Thursday, September 3, 2015, 21:29

The European Central Bank cut its growth and inflation forecasts on Thursday, warning of possible further trouble from China and paving the way for an expansion of its already massive 1 trillion-euro plus asset-buying programme.

ECB could ramp up bond purchase programme if necessary: Draghi

Last Updated: Thursday, September 3, 2015, 21:09

The European Central Bank could ramp up its contested bond purchase programme, extending it beyond September 2016 if needed, ECB president Mario Draghi said on Thursday.

ECB cuts growth, inflation forecasts for 2015-2017

Last Updated: Thursday, September 3, 2015, 21:06

The European Central Bank on Thursday cut its forecasts for both economic growth and inflation in the single currency area over the next few years.

Nifty surges 106 points on value-buying, upbeat global cues

Last Updated: Thursday, September 3, 2015, 20:25

Snapping a three-day losing streak, Indian markets Thursday staged a pullback rally on the back of frantic buying as the benchmark Nifty index soared by 106 points to close above the 7,800-level amid upbeat global cues.

Govt promises total confidentiality on black money declarations

Last Updated: Thursday, September 3, 2015, 20:04

The Finance Ministry issued 32 Frequently Asked Questions (FAQs) on the compliance window on July 6, and came out with the second set today.

ECB seen cutting inflation outlook, hinting at more policy action

Last Updated: Thursday, September 3, 2015, 17:38

The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying programme if growth and inflation prospects weaken further.

ECB holds rate steady as focus on inflation, China

Last Updated: Thursday, September 3, 2015, 17:35

The European Central Bank held its key interest rates steady on Thursday, a spokesman said, amid investor concern over the economic fallout from the slowdown in China.

ICICI Lombard in bancassurance tie-up with CSB

Last Updated: Thursday, September 3, 2015, 15:54

The company will able to offer general insurance solutions to the bank's customer base in Kerala, Tamil Nadu, Karnataka and Maharashtra.

Want to purchase a new home? See how you can benefit from this home loan product

Last Updated: Thursday, September 3, 2015, 12:24

The extraa home loan facility allows you to enhance your loan amount by up to 20 percent and also provide you an option to extend the repayment period up to 67 years of age.

Services sector improves further on new business orders: PMI

Last Updated: Thursday, September 3, 2015, 11:22

Services sector improved further in August as new orders received by private firms increased at the fastest rate in five months, says a survey.

India's business optimism falls to its lowest level since 2005

Last Updated: Thursday, September 3, 2015, 11:04

India`s services industry grew for a second month in August but optimism fell to its lowest level since late 2005.

SBI MD interview on Sept 16; six in race to replace Pradeep Kumar

Last Updated: Wednesday, September 2, 2015, 21:57

Six candidates have been invited to appear for the interview on September 16 for the post of a managing director of State Bank of India (SBI).