| Source: Reuters
British insurer Aviva is putting its South Korean and Sri Lankan businesses on the auction block, sources with knowledge of the matter said on Thursday, as part of a wider retreat from sub-scale Asian markets in a deal that could fetch around $150 million.
Wednesday, 23 May 2012 | Source: Reuters
The Indian rupee dropped to a record low against the dollar on Wednesday, sparking mild intervention from a central bank seen by traders as reluctant to be more aggressive against such a strong down trend.
Friday, 18 May 2012 | Source: Reuters
Quarterly profit of State Bank of India, the country's biggest lender, jumped nearly 20 times on the back of a sharp drop in provisions for bad loans and strong credit demand, sending its shares up 4 percent in a subdued market.
Thursday, 17 May 2012 | Source: Reuters
The Indian rupee hit a record low against the dollar for a second session in a row on Thursday as global risk assets remained largely under pressure, leading the central bank to intervene again, according to traders.
Wednesday, 16 May 2012 | Source: Reuters
The Indian rupee hit a record low against the dollar on Wednesday as risk aversion in global markets added pressure on a currency already under fire from fiscal and current account
deficits that are weighing on growth.
deficits that are weighing on growth.
Wednesday, 16 May 2012 | Source: Reuters
The raven-tressed heroine stares adoringly at the handsome Mughal prince, who gazes lovingly back at her — from where they are painted on a Mumbai wall.
Wednesday, 16 May 2012 | Source: Reuters
India's central bank accepts that it is fighting a losing battle in trying to stem a fall in the rupee, a slide that has mirrored the slump in the once high-flying emerging market.
Tuesday, 15 May 2012 | Source: Reuters
The Indian rupee will hover near record lows against the dollar for the next month or so, but a further significant fall is unlikely following a near 10 percent slide in the currency since February, a Reuters poll shows.
Tuesday, 15 May 2012 | Posted By:
| Source: CNBC.com
While India's economic growth has hit a rough spot, Indonesia has won favor with investors, prompting calls for it to be included among the lineup of top global emerging markets.
Monday, 14 May 2012 | Source: Reuters
India's inflation accelerated in April to 7.23 percent as price pressures for food, fuel and manufactured items all picked up, adding to the central bank's struggle to control inflation when economic growth has slumped to a near three-year low.
Friday, 11 May 2012 | Source: Reuters
India's industrial output unexpectedly fell in March for the first time in five months, driven by a slump in the capital goods sector, and increasing the pressure on policymakers to consider further steps to revive a sagging economy.
Thursday, 10 May 2012 | Posted By:
| Source: CNBC.com
Following disappointing economic data from the U.S. and more volatility from elections in Europe, demand for gold will remain resilient, and the precious metal will not lose its appeal as the currency of last resort, Goldman Sachs says.
Thursday, 10 May 2012 | Posted By:
| Source: CNBC.com
The Reserve Bank of India’s intervention in the currency market on Thursday is being viewed by some market watchers as a desperate move to prop up the currency in the absence of government policies to boost sentiment among foreign investors.
Thursday, 10 May 2012 | Source: Reuters
India's central bank made a dramatic move to prop up its battered currency on Thursday, requiring exporters to sell half the foreign currency in their accounts, which helped to strengthen the rupee in morning trade.
Tuesday, 8 May 2012 | Source: Financial Times
Violent confrontations between Somali pirates and merchant ships’ armed guards could become more common as some shipping companies have reduced ship speeds through the highest-risk area to save on fuel, maritime experts have warned.
Posts |
TOPIC : Places/Asia/India
30 Apr 2012
Several major markets around the world will be closed Tuesday for May Day, which will help limit volatility for U.S... Read More
8 Mar 2012
After U.S... Read More
13 Feb 2012
Reports that Brazil might follow India in purchasing the Rafale jetfighter from French plane maker Dassault Aviation will not only benefit to Dassault, but will also help electronics group Thales, Francois Mallet, managing director head of equity at Kepler Capital Markets said on Monday.... Read More
5 Dec 2011
Posted By:Dinesh Paliwal CNBC Guest Blog
The Chairman of Harman International says, "Innovation is critical to the heartbeat of any successful corporation in the industrialized world... Read More
1 Dec 2011
This week, India opened its doors to foreign retailers in a move that is expected to open the floodgates to western brands entering the skyrocketing Indian market... Read More
VIDEO | TOPIC : Places/Asia/India
Nicholas Ferres, Investment Director, Global Asset Allocation, Eastspring Investments says that the Indian Rupee is star...
Frederic Neumann, MD & Co-Head of Asian Economics Research, HSBC says Asia needs fiscal stimulus rather than monetary st...
Greg Gibbs, Senior Currency Strategist, RBS said the euro will remain weak regardless of whether Greece stays or leaves ...
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