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Reuters

US Fed raises interest rates, forecasts more hikes this year

Finance

22 March, 2018

US Fed raises interest rates, forecasts more hikes this year

The U.S. Federal Reserve raised interest rates on Wednesday and forecast at least two more hikes for 2018, highlighting its ......

Blackstone co-founder Peter Peterson dies at 91

People

21 March, 2018

Blackstone co-founder Peter Peterson dies at 91

Billionaire Wall Street financier Peter Peterson, who co-founded private equity firm Blackstone Group LP (BX.N) and served as U.S. President ......

Sensex snaps 5-day losing streak as IT stocks gain

Markets

20 March, 2018

Sensex snaps 5-day losing streak as IT stocks gain

Indian shares ended higher on Tuesday, reversing a recent spell of declines, as IT stocks such as Infosys Ltd and ......

Sensex closes below 33,000 for first time in three months

Markets

19 March, 2018

Sensex closes below 33,000 for first time in three months

Indian shares fell on Monday, with the Nifty 50 index closing below the 10,100 mark and the BSE index finishing ......

Current account deficit for Oct-Dec widens sharply on higher imports

Economy

16 March, 2018

Current account deficit for Oct-Dec widens sharply on higher imports

India’s October-December current account deficit widened sharply from a year earlier, driven by higher imports, data from the Reserve Bank ......

Sensex records sharpest fall in more than a month

Markets

16 March, 2018

Sensex records sharpest fall in more than a month

Indian shares fell 1.5 percent on Friday, the sharpest in more than a month, with financial and energy stocks leading ......

Trade deficit narrows to $12 bn in February

Finance

15 March, 2018

Trade deficit narrows to $12 bn in February

India’s trade deficit narrowed to $12 billion in February from $16.30 billion in the previous month, the trade secretary said ......

Sensex posts biggest percentage fall in more than a week

Markets

15 March, 2018

Sensex posts biggest percentage fall in more than a week

Indian shares ended at their lowest close in about a week on Thursday and posted their biggest percentage fall in ......

PNB branch at centre of Nirav Modi scam detects new fraud

Finance

15 March, 2018

PNB branch at centre of Nirav Modi scam detects new fraud

India’s Punjab National Bank (PNB) has detected another small fraud at a Mumbai branch which is at the centre of ......

World Bank will lend more to India with focus on infra

Finance

14 March, 2018

World Bank will lend more to India with focus on infra

The World Bank plans to raise lending to India by about $1 billion every year for the next five years ......