RBI to cut rates irrespective of Fed moves: Ind Ra

Last Updated: Monday, September 14, 2015, 19:17

RBI will consider slashing repo rate by 0.25 percent in its upcoming policy meet, irrespective of a rate hike by US Federal Reserve, Ind-Ra said Monday.

Rupee and reserves to remain restless: Experts

Last Updated: Saturday, September 12, 2015, 18:15

The US Fed will decided on whether or not to raise interest rates in its Federal Open Market Committee (FOMC) slated for September 16-17.

US federal budget deficit shrinks

Last Updated: Saturday, September 12, 2015, 10:17

The budget deficit stood at $64.4 billion in August, 50 percent less than the amount recorded a year ago Xinhua quoted the US Treasury Department as saying on Friday.

US stocks tick up ahead of Fed policy meeting

Last Updated: Saturday, September 12, 2015, 07:33

The US stocks pared early losses to end higher Friday, as investors pondered over economic reports ahead of the US Federal Reserve's key policy meeting.

Fed hike better for India as delay may stall Fx inflows: Report

Last Updated: Friday, September 11, 2015, 18:56

Expecting a 25 bps hike in the US Fed rate post-September 17 meeting, American brokerage Bank of America-Merril Lynch Friday said delayed Fed action will only harm India as a postponement will stall portfolio inflows and prolong volatility.

Global economy Weekahead: Fed to dominate week of central bank meetings

Last Updated: Friday, September 11, 2015, 14:58

The U.S. Federal Reserve takes centre stage in the coming week, eclipsing industry data from China, another grim inflation reading from the euro zone and rate decisions in Japan and Switzerland.

US jobless claims drop; imported inflation remains weak

Last Updated: Friday, September 11, 2015, 10:27

The U.S. labor market appeared to gain momentum in early September as fewer Americans filed for weekly unemployment benefits, but weak inflation pressures may complicate the Federal Reserve`s decision whether to raise interest rates.

Asian shares get lift from Wall St, dollar steadies

Last Updated: Friday, September 11, 2015, 09:11

Asian shares rose on Friday thanks to gains on Wall Street, while the dollar steadied after facing pressure from a rallying yuan and U.S. data that offered no clarity on whether the Federal Reserve might raise interest rates next week.

Gold firms near $1,110 but poised for third weekly drop

Last Updated: Friday, September 11, 2015, 08:52

Spot gold was little changed at USD 1,111 an ounce, after gaining 0.5 percent in the previous session.

Gold price holds near four-week low as fund outflows, US data weigh

Last Updated: Thursday, September 10, 2015, 13:44

Gold languished near a four-week low on Thursday, retaining sharp overnight losses, as strong U.S. economic data and outflows from bullion-backed exchange traded funds sapped investor interest.

Markets to remain volatile in Sept-Nov: BofA-ML

Last Updated: Monday, September 7, 2015, 18:25

Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections, Bank of America Merrill Lynch (BofA-ML) said in a report.

G20 seeks to lift market mood despite China alarm

Last Updated: Saturday, September 5, 2015, 14:49

Ministers and central bank chiefs from the world`s top 20 economies sought Saturday to bolster market confidence in the global economy, despite mounting alarm about the fallout from China`s slowdown.