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.

Fed says rate hike next month hinges on market volatility

Last Updated: Saturday, August 29, 2015, 03:36

The US Federal Reserve on Friday left the door open to a September interest rate hike even while several central bank officials acknowledged that turmoil in financial markets, if prolonged, could delay monetary policy tightening.

Gold struggles near 2010 low as data backs Sept Fed hike view

Last Updated: Thursday, August 6, 2015, 06:30

Gold struggled to pull away from a 5-1/2-year low early on Thursday after more upbeat U.S. economic data bolstered expectations the Federal Reserve could lift interest rates as soon as next month.

India needs to be watchful about US Fed rate hike: Arvind Subramanian

Last Updated: Sunday, July 12, 2015, 14:09

A hike in interest rates by the US, it is feared, could result in the flight of capital from the emerging markets including India.

World financial fears keep Asian firms in holding pattern: Survey

Last Updated: Wednesday, June 24, 2015, 11:15

Companies in India recorded the steepest fall in confidence, logging 84 from 97 in the previous quarter, as fervour over the election of pro-business Prime Minister Narendra Modi last year gives way to anxiety about whether two rate cuts this year can reignite a sluggish economy.

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.

Brent falls towards $55 as rally fades on inventory build

Last Updated: Thursday, March 19, 2015, 11:07

Brent crude futures fell towards USD 55 a barrel on Thursday after a bigger than expected crude stock build in the United States, though losses were limited by a weaker dollar as the Federal Reserve signalled a slower pace of interest rate hikes.

May have done enough on rate hikes: Raghuram Rajan

Last Updated: Wednesday, October 30, 2013, 15:59

The central bank may have done enough on rate hikes but will need to monitor the economy, Reserve Bank of India Governor Raghuram Rajan said.

Exporters hail move to raise interest subsidy rate to 3%

Last Updated: Wednesday, July 31, 2013, 23:21

Exporters on Wednesday said hiking the rate of interest subsidy to 3 percent will help in reducing cost of credit and increase competitiveness of Indian goods in international markets.

Inflation above comfort level, industrial production concern too: RBI

Last Updated: Thursday, October 13, 2011, 22:19

Admitting that a series of rate hike has affected the industrial activities, the Reserve Bank today said inflation continues to remain above comfort level.