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  • RBI slaps fine on 5 foreign banks for violating FEMA rules Dec 21, 2016 07:10 PM IST

    RBI slaps fine on 5 foreign banks for violating FEMA rules

    The Reserve Bank today imposed penalty on five foreign banks, including Deutsche Bank and Standard Chartered Bank, for violation of its instructions on reporting requirements of the FEMA.

  • Fed meeting could bring more volatility than expected Jul 29, 2015 09:13 AM IST

    Fed meeting could bring more volatility than expected

    The Federal Open Market Committee ends its two-day meeting Wednesday afternoon, and is expected to release a statement that should be short on clues as to when the central bank could raise interest rates.

  • Reliance Jio raises $750mn loan to buy gears for 4G rollout May 13, 2015 11:33 AM IST

    Reliance Jio raises $750mn loan to buy gears for 4G rollout

    The loan is guaranteed by RIL and will be primarily used to finance goods and services procured from Samsung Electronics and Ace Technologies Corp, which are being sourced for the infrastructure rollout of RJIL," RJio said in a statement.

  • World stocks and bonds roar Fed approval, $ fights back Mar 19, 2015 06:28 PM IST

    World stocks and bonds roar Fed approval, $ fights back

    European shares opened up 0.4 percent with London's FTSE hitting a new record peak after Asian bourses had enjoyed their best session in 18 months overnight.

  • European shares up as investors look beyond Greece Feb 08, 2012 03:16 PM IST

    European shares up as investors look beyond Greece

    The euro hit an eight-week high and European shares rose on Wednesday as markets priced in a successful outcome to Greek debt talks, buoyed by hopes of further pro-growth moves by major central banks.

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