Dec 18, 2014 at 08:35 | Source: Moneycontrol.com
Indian ADRs ended higher on Wednesday. Dr Reddy's Laboratories jumped 2.4 percent and ICICI Bank advanced 2.2 percent.
Dec 18, 2014 at 08:30 | Source: Reuters
Closing out a two-day meeting against a backdrop of solid domestic growth but trouble overseas, the U.S. central bank ditched its long-standing vow and instead said it would take a "patient" approach in deciding when to bump borrowing costs higher
Dec 17, 2014 at 08:30 | Source: Moneycontrol.com
Indian ADRs ended lower on Tuesday. Dr Reddy's Laboratories plunged 7 percent and HDFC Bank shed 0.5 percent.
Dec 16, 2014 at 21:56 | Source: PTI
"Indian banks may be requested to give some working capital loan based on the assurances of the promoter. Banks or financial institutions to lend up to Rs 600 crore backed by a personal guarantee of the Chairman, SpiceJet," the release said.
Dec 16, 2014 at 19:02 | Source: CNBC-TV18
The Indian currency is now off the day's low after hitting its lowest level since November 14, 2013.
Dec 16, 2014 at 16:18 | Source: CNBC-TV18
According to Jahangir Aziz, chief economist, JPMorgan low crude prices would be a massive positive for Indian current account deficit, even if it were to trade at USD 80/barrel.
Dec 16, 2014 at 15:32 | Source: Moneycontrol.com
The Bank Nifty is showing strong signs of revival and is holding firmly above its 20-day average of the Bollinger band daily chart on the closing basis. It now has immediate support at 18,300 and it will remain firm till 18,300 level is maintained.
Dec 16, 2014 at 11:00 | Source: Moneycontrol.com
Global markets are playing havoc with the Indian rupee breaching 63 per dollar for first time in 10-month from January 28. The markets are awaiting the outcome of two day FOMC meeting starting today.
Dec 16, 2014 at 09:15 | Source: Moneycontrol.com
The Indian rupee continues its decline as it breached 63 per dollar for the first time since January 28. It has opened lower by 31 paise at 63.25 per dollar against the previous day's close of 62.94 a dollar.
Dec 16, 2014 at 09:09 | Source: Moneycontrol.com
The USD-INR currency pair has been no exception with the 61-62/dollar range finally breaking and the pair almost touching 63/dollar levels, says Ashutosh Raina of HDFC Bank.