The maximum number of banks are from the US (74), followed by China (29) and South Korea (26).
The immediate concern for the rupee is the sharp spike in oil prices
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On June 27, the Cabinet approved a new formula that uses weighted average of the price of LNG into India and average price at major gas hubs.
Rediff.com recaptures these and other exciting sporting moments from the week gone by....
With trade deficit falling 24% in Apr-Dec and stable capital flows, FY14 may end with a balance-of-payments surplus.
The RBI's next policy review is set for Sept. 29.
However, it still lags far behind the US, which leads with a market-capitalisation of $23.9 trillion through August 2014.
Repo rate may well end 2013 at 8 per cent, where it had begun the year.
These include Goldman Sachs, HSBC, UBS, Deutsche Bank, Barclays, RBS, Citigroup and JP Morgan and they have said in their respective regulatory filings that they are cooperating with the relevant authorities in the investigations.
Credit Suisse said $5.6 may work for Reliance Industries' R-Series gas field in the KG-D6 block but the economics for its satellite fields and NEC-25 block are uncertain.
The outlook is improving and that mostly reflects the fact that the new government has pledged to prioritise economic reforms.
The smartphone has become our buddy and we owe it a good insurance policy to ensure it's protected at all times, says Naval Goel
There was an uptick in clients' spends in the digital segment.
Budget this year has allowed PSBs to bring down govt stake to 51%
The seventh seeded pair beat the Austria-Brazilian combination of Alexander Peya and Bruno Soares 6-3, 5-7, 10-8 in an hour and 42 minutes.
However, volatility is likely to be on the rise, said Benjamin Yeo, MD & CIO (Asia & Middle-East) for Wealth & Investment Management, Barclays.
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
Repeat business from existing clients is not coming easily and companies are still in the process of building digital capabilities
The US market regulator Securities and Exchange Commission was doing what it could to stem the flow. It temporarily prohibited naked short-selling in the securities of major financial players including Freddie Mac and its sister firm Fannie Mae in July. But this didn't really help. It was only after global central banks pumped in unprecedented liquidity into global markets, that the storm was finally calmed.
The Reserve Bank of India (RBI) is likely to keep monetary policy steady in June despite sluggish economic activity as inflation remains elevated, a Reuters poll showed on Wednesday.
A summary of sports events and persons who made news on Thursday
Investors attribute some of the growth in Indian stocks, that saw Bombay's benchmark BSE index rise nearly a third in 2014, to the election of a pro-business government in May, under Prime Minister Narendra Modi.
In the last 3 months, rupee has depreciated 16% against dollar.
Does away with much of auction process in this market and reinvestment checks
From inflation, central bank shifts focus to rupee stability and capital flows.
The move to sell the jewel in Vodafone's crown closes a heady expansionist chapter for one of Britain's most famous companies
They expressed concern on taxation issues, the high fiscal and current account deficits, and sought removal of capital gains tax.
Month end dollar demand from oil importers has forced rupee to trade weak.
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The rupee resumed lower at 61.15 per dollar as against the last closing level of 60.77 per dollar yesterday at the Interbank Foreign Exchange (Forex) Market and dropped further to 61.44 per dollar before quoting at 61.40 per dollar at 1045 hours.
No respite in sight as not many big deals, initial public offerings in pipeline.
Investment bankers handling the IPO had said marquee global investors made big-ticket applications.
CPI inflation slowed to 9.39% in April compared with 10.39% in March.
The bank guarantee, which will be equivalent to the incremental revenue that RIL will get from the new gas price, will be encashed if it is proved that the company hoarded gas or deliberately suppressed production at the main D1&D3 fields in the eastern offshore KG-D6 block since 2010-11.
In the long run, the decision could bring clearer rules to a sector that has failed to provide India with enough power because it has been so hamstrung by confusion and scandals over concessions allegedly handed to government cronies.
Ahmedabad-based Adani Group is said to be the frontrunner to buy out both Tata Steel and Larsen & Toubro's stake in Dhamra.
Despite no change in interest rates, India's largest lender, State Bank of India, last week became among the latest to lower deposit rates, often a precursor to lower lending rates, something some banks have already done for certain consumer loans.
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Policymakers stepped in late Thursday to calm markets.
The broader markets ended in line with the benchmark indices- BSE Midcap and Smallcap indices ended higher by 1.3% and 0.9% each.
Analysts say loan growth, Casa ratio and exposure to sectors under pressure did not indicate any stress at United Bank.
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