US Fed meet, macro data to dictate course of action on markets

For India, the IIP data, stable inflation and fiscal deficit numbers are now good factors considered by the market, which RBI can consider for a further interest rate cut. Chinese markets defused......

Gold loses shine for 2nd year in a row

This fall in two consecutive years has happened for the first time in 50 years. Image: A model wearing gold jewellery; Photograph: Reuters Investors in gold have lost money for the second year in......

Rupee is undervalued, says K V Kamath

K V Kamath, non-executive chairman of ICICI Bank, on Friday said the rupee was undervalued.Speaking to reporters after delivering a lecture on the current state of the economy, he said, “In......

Sensex ends down over 300 points amid weak global cues

Markets ended nearly 2% lower, amid weak global cues, dragged by index heavyweight Reliance Inds along with financials, capital goods and FMCG shares.The 30-share Sensex ended at 19,325 down 317......