
Raghuram Rajan said real worry is competitive devaluation
RBI Governor Raghuram Rajan said China’s move to devalue its currency and to protect its stock markets raise questions about…
International Monetary Fund said on Wednesday it will freeze its benchmark currency basket until October 2016, giving markets more time…
Forex and money markets are closed today on account of Parsi New Year.
Spot gold was up 0.4 percent at $1,117.80 an ounce by 0600 GMT. The metal touched a three-week peak of…
MSCI’s broadest index of Asia-Pacific shares outside Japan were virtually unchanged in early trade.
One-offs inflate PAT: Tata Steel’s Q1FY16 volumes for the India operations were 5% below our estimates, but European business volumes…
Foreign portfolio investors may further suck out money due to weakness in the rupee, triggered by a devaluation of the…
The People’s Bank of China on Tuesday devalued its currency by 1.9% to prop up the country’s exports, which constitute…
The Finance Ministry today said the devaluation of Chinese currency will only have a temporary impact on the rupee as…
To soothe nerves of various sectors of the Indian industry after China devalued its currency to boost exports Commerce Minister…
The BSE Sensex closed 517.78 points, or 1.88 per cent, higher at 28,067. NSE Nifty ended 162.70 points higher at…
China’s central bank today raised the value of the yuan against the US dollar by 0.05 per cent, the national…
The rupee fell for the third straight day on Thursday, breaching the key psychological 65 to the dollar mark as…
Aditya Puri, MD of HDFC Bank said that Yuan’s devaluation move will affect exports from all the countries, including India.
India seems to be less vulnerable to China’s currency depreciation through direct channels, but the rupee may still weaken, says…
Chinese currency today continued its sharp fall for the third consecutive day, sending jitters in the markets as the central…
China tried Thursday to quell fears its yuan would fall further, saying it is close to market levels following declines…
North Korean leader Kim Jong Un said there is no reason to avoid dialogue with the US if Washington stops insisting that Pyongyang give up its nuclear weapons. Kim made it clear his country will never trade its arsenal for relief from sanctions, state media reported on Monday.