Mar 02, 2015 at 12:00 | Source: CNBC-TV18
According to Taimur Baig of Deutsche Bank AG, RBI will not only be looking at what is happening in India, it will also take into account what is happening abroad expectations of a Federal Reserve rate hike and slowdown in China.
Mar 01, 2015 at 12:41 | Source: Reuters
India, keen to rekindle economic growth, wooed foreign investors on Saturday with a budget that delayed controversial rules to target tax avoidance and maintained lower taxes on income from debt investments.
Mar 01, 2015 at 12:39 | Source: Reuters
Indian bonds are vulnerable to mild falls on Monday after the government unveiled a budget that seeks an additional year to meet its medium-term fiscal deficit target to give it time to focus on economic growth by ramping up investments.
Feb 27, 2015 at 09:19 | Source: Reuters
Spot gold was up 0.2 percent at USD 1,210.60 an ounce by 0042 GMT, having touched a one-week high of USD 1,220 on Thursday. Bullion has gained 0.8 percent for the week.
Feb 26, 2015 at 09:00 | Source: Moneycontrol.com
A strong reform-friendly budget could strengthen rupee in the medium term. Gains however will be tempered by strong dollar globally and RBI intervention to prevent currency volatility, says Mohan Shenoi of Kotak Mahindra Bank.
Feb 26, 2015 at 08:00 | Source: Reuters
Gold rose as much as 1 percent on Wednesday after Yellen indicated flexibility in raising US interest rates.
Feb 26, 2015 at 07:49 | Source: Reuters
Federal Reserve Chair Janet Yellen's testimony to a House of Representatives committee provided few new clues for investors on the timing of an interest rate hike.
Feb 25, 2015 at 15:47 | Source: PTI
Gold in Singapore, which normally set price trend on the domestic front, climbed 0.9 percent to USD 1,211.84 an ounce and silver by 2.1 percent to USD 16.64 an ounce. In the national capital, gold of 99.9 and 99.5 percent purity recovered by Rs 100 each to Rs 27,070 and Rs 26,870 per ten gram respectively. It had lost Rs 315 in the last four days.
Feb 25, 2015 at 10:38 | Source: CNBC-TV18
Michael Kurtz of Nomura expects infrastructure investment to be hiked to 2.5% of GDP in the Budget and for it to come through pruning of subsidies and more asset sales. He expects a very strong Budget with focus on reforms.
Feb 25, 2015 at 09:18 | Source: Reuters
In prepared remarks to the Senate Banking Committee, Yellen described how the Fed's rate-setting policy committee will likely proceed in coming months - an effort to increase the Fed's flexibility and mute any potential market reaction as the central bank approaches its "liftoff" date.