Aug 28, 2015 at 20:19 | Source: CNBC
Markets across the globe have been taken for a ride this week, with the Dow Jones industrial average having traveled more than 10,000 points ahead of Friday's open amid global growth concerns.
Aug 28, 2015 at 19:56 | Source: PTI
Sharp sell-off in domestic equity markets and robust dollar against major world currencies predominantly impacted the rupee sentiment, a forex dealer said. Heavy capital outflows against the backdrop of volatile global situation amid Fed rate hike fears also added some pressure.
Aug 28, 2015 at 18:11 | Source: PTI
India continues to be an emerging market in the global medical technologies space, however, it has not reached its true potential, both in terms of the market opportunity and building a hub for innovation and manufacturing, said the CII- BCG report titled 'Medical Technology: Vision 2025'.
Aug 28, 2015 at 18:09 | Source: PTI
The spokesperson also did not disclose the reason for Kapoor's exit from the firm. The former Airtel CEO had taken over as Micromax's Chairman in June last year. He was tasked with making Micromax a global brand. Under Kapoor, Micromax has maintained its grip in the booming Indian smartphone market.
Aug 28, 2015 at 16:58 | Source: Reuters
The People's Bank of China cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, acting amid pressure from a global stock market rout and massive outflows from its markets.
Aug 28, 2015 at 16:11 | Source: CNBC
But a growing number are now arguing that the supposed weakness -- largely fueled by fears of slower Chinese growth -- is overblown and recent market declines are more of a buying opportunity than a reason to sell.
Aug 28, 2015 at 14:03 | Source: Moneycontrol.com
Lloyd Electric and Engineering announces the signing of assets and share purchase agreement on August 27, 2015 to acquires Noske-Kaeser's Rail & Vehicle business in Germany, New Zealand, Australia, Brazil and United States.
Aug 28, 2015 at 14:02 | Source: CNBC-TV18
In an interview with CNBC-TV18's Latha Venkatesh and Nigel D'Souza, Bruno Verstraete of Lakefield Partners discussed the state of global markets and whether the world economy was good enough to support the continuation of the global rally.
Aug 28, 2015 at 12:52 | Source: Reuters
Yao Yudong, head of the bank's Research Institute of Finance and Banking, said the US central bank should delay any rate hike to give fragile emerging market economies time to prepare.
Aug 28, 2015 at 11:52 | Source: Reuters
A looming US rate hike has dimmed the appeal of non-interest bearing assets as gold, which may explain the fall in the metal from a recent seven-week high even as global equities tumbled on fears over a slowing Chinese economy.