Aug 01, 2015 at 13:08 | Source: Reuters
The official Purchasing Managers' Index (PMI) stood at 50.0 in July, compared to the previous month's 50.2. The 50-point mark separates growth from contraction on a monthly basis.
Aug 01, 2015 at 09:34 | Source: Moneycontrol.com
Indian ADRs ended higher on Friday. Tata Motors was up 0.22 percent and ICICI Bank rose 0.47 percent.
Jul 31, 2015 at 12:24 | Source: PTI
The Indian rupee pared its initial losses to recover by 2 paise to 64.02 against the American unit in late morning deals on bouts of dollar selling by banks and exporters amid rally in domestic equities.
Jul 31, 2015 at 08:17 | Source: Moneycontrol.com
Indian ADRs ended higher on Thursday. Dr Reddy's Laboratories advanced 3.45 percent and HDFC Bank gained 0.18 percent.
Jul 30, 2015 at 19:43 | Source: CNBC-TV18
The deal had been under negotiation for over six months and saw interest from some big PE players like Warbug Pincus and General Atlantic, besides a handful of Indian banks.
Jul 30, 2015 at 14:01 | Source: Reuters
"Sharekhan will serve as a platform for the Group's strategy in India to offer a comprehensive range of products," Joris Dierckx, country head of BNP Paribas, said in a statement.
Jul 30, 2015 at 10:43 | Source: Moneycontrol.com
According to Angel Broking, Indian Rupee is expected likely to depreciate as markets discount the Fed Chair Janet Yellens statement that the central bank could raise rates by September if the economy continues to show improvement as expected.
Jul 30, 2015 at 09:00 | Source: Moneycontrol.com
With Reserve Bank Of India (RBI) presence on both sides of the market, USD-INR is expected to trade today in a range of 63.85-64.15/dollar, says Mohan Shenoi of Kotak Mahindra Bank.
Jul 30, 2015 at 08:10 | Source: Moneycontrol.com
Indian ADRs ended mostly higher on Wednesday. HDFC Bank gained 0.10 percent and Tata Motors gained 0.36 percent.
Jul 29, 2015 at 21:55 | Source: PTI
Japanese brokerage Nomura has painted a rosy picture for the rupee in the medium-term gaining from the current levels to around 63.20 by late 2016, despite the dollar is seen continuing its upward rally against all major currencies.