European Central Bank (ECB) will announce its own version of quantitative easing (QE) or sovereign bond buying at its policy meeting next week. Diego Iscaro, Senior Economist of IHS Global Insight spoke about what kind of QE this will be by the ECB. Watch his interview with Menaka Doshi on CNBC-TV18.
Brent crude oil futures for October fell 54 cents to USD 109.36 a barrel by 0529 GMT, down more than USD 2 from a four-month peak of USD 111.53 on August 15
Ratings agency Crisil said that the RBI may pause further repo cuts due to the impact of the sliding rupee on the inflation after some time.
Oil inched down in Asia today as traders looked to a Federal Reserve policy meeting starting later in the day for leads, analysts said.
The rupee fell in opening trade on Thursday, falling to as low as 55.07 to the dollar, tracking a weak euro ahead of the European Central Bank policy meeting and weaker Asian shares.
The rupee quickly lost its initial gains to snap a four-day rise in early trade on Wednesday, tracking a weak euro as investors positioned for a European Central Bank policy meeting on Thursday.
Gold edged up on Tuesday in holiday-thinned trade on the back of a weaker dollar but remained in a tight range as investors awaited cues on the outlook of the US economy and potential policy moves in the world's largest economy.
The MCX IPO comes as a harbinger of hope for the primary market. How will it do? How will the Nifty trade today? Here are the cues.