Sep 23, 2016 at 14:34 | Source: Reuters
Markit's composite survey showed a big split between buoyant manufacturers and struggling service industry firms and a similar divide in growth rates among members of the currency union.
Sep 23, 2016 at 14:15 | Source: Reuters
With ECB rates now well into negative territory, the potential for detrimental side effects are increasing as they cut into banking profitability and raise the risk of asset bubbles and market distortions, the policymakers said.
Sep 22, 2016 at 16:01 | Source: Reuters
Global growth will motor along but the recovery will be gradual and uneven with heightened uncertainty, even as the United States, the world's biggest economy, is expected to recover, the ECB said in a regular economic bulletin.
Sep 14, 2016 at 08:10 | Source: PTI
The external commercial borrowing (ECB) facility has been raised for a tenor of six years, and will be utilised for funding of infrastructure projects, the company said in a statement.
Sep 12, 2016 at 10:12 | Source: CNBC-TV18
IT sector will continue to face headwinds from the US Presidential candidates Donald Trump and Hillary Clinton. The sector is unlikely to throw up big surprises, said Arvind Sanger, Managing Partner, Geosphere Capital Management.
Sep 09, 2016 at 21:54 | Source: PTI
Reliance Sibur Elastomer Pvt Ltd, a unit of Reliance Industries, has signed an agreement to take a term loan of USD 330 million to finance capex of butyl rubber manufacturing facility at Jamnagar in Gujarat.
Sep 09, 2016 at 08:25 | Source: Reuters
Facing anaemic growth and inflation, the ECB is buying 1.74 trillion euros worth of bonds, holding rates deep in negative territory and giving banks free loans, hoping to end the bloc's nearly decade-long economic malaise with an infusion of cheap credit.
Sep 09, 2016 at 07:44 | Source: Moneycontrol.com
ECB chief Mario Draghi also held fire on extension of stimulus programme. The monthly asset purchases worth 80 billion euros which were designed to run till march 2017, will now be extended but only if required.
Sep 08, 2016 at 21:15 | Source: CNBC-TV18
Nick Parsons of National Australia Bank believes any further QE could be counter-productive in the financial stability and banking sector profitability of the system and would have a negative impact on business consumer confidence.
Sep 08, 2016 at 18:30 | Source: PTI
Firm US currency sentiment in the overseas market, recovering some ground from the recent slide alongside renewed dollar demand from banks and importers, mainly weighed on the rupee, a forex dealer said.