News for 'European Central Bank'

Markets break record-hitting spree, end lower

Markets break record-hitting spree, end lower

Rediff.com6 Jun 2017

Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market

Can G7 Decoupling From China Boost India?

Can G7 Decoupling From China Boost India?

Rediff.com29 May 2023

Indian policymakers are almost alone, alongside the United States, in seeking a hard and multi-sectoral global decoupling from China in the expectation that it will boost their economies, observes Mihir S Sharma.

The rising vulnerability of emerging markets

The rising vulnerability of emerging markets

Rediff.com21 Jul 2014

Emerging markets could be affected by a combination of lower liquidity and higher dollar interest rates caused by a hike in the US Fed funds rate.

Greece crisis: India still a reasonable investment destination

Greece crisis: India still a reasonable investment destination

Rediff.com6 Jul 2015

As regards India, market valuations already reflect most positives.

Rupee extends losses, drops 6 paise at 66.65

Rupee extends losses, drops 6 paise at 66.65

Rediff.com3 Dec 2015

Rupee down 13 paise to 66.72 against dollar

Markets record highest percentage fall in a day since Jan '14

Markets record highest percentage fall in a day since Jan '14

Rediff.com8 Jul 2014

Sensex slumped 518 points to end the day at 25,582 and the Nifty slipped 164 points to close at 7,623.

Why dollar's rise against euro won't impact rupee much

Why dollar's rise against euro won't impact rupee much

Rediff.com9 Sep 2014

On Friday, the euro weakened to a near 14-month-low against the dollar, after the European Central Bank announced a fresh round of stimulus and promised more if required.

The bittersweet Budget

The bittersweet Budget

Rediff.com9 Mar 2015

Budget was a mild disappointment. Yet, the bull run continues.

Ukraine war an important point of discussion at G20 FMs' meet: India

Ukraine war an important point of discussion at G20 FMs' meet: India

Rediff.com1 Mar 2023

Foreign Secretary Vinay Kwatra on Wednesday refused to speculate on whether the G20 foreign ministers' meeting would be able to come out with a joint communique against the backdrop of widening differences between the West and Russia on the Ukraine conflict.

'We expect markets to be volatile this year'

'We expect markets to be volatile this year'

Rediff.com3 May 2019

'The variables to watch include the monsoon, resolution of NBFC liquidity issues, GST collections, and NPA resolution.'

Ready to act on any 'disorderly behaviour': Rajan

Ready to act on any 'disorderly behaviour': Rajan

Rediff.com24 Jun 2016

Indian economy has good fundamentals and sizeable foreign reserves, RBI Governor Raghuram rajan said.

Eyes on global economies after Fed keeps markets guessing

Eyes on global economies after Fed keeps markets guessing

Rediff.com19 Sep 2015

In the United States, economic data is likely to take a back seat next week.

Where are oil prices headed?

Where are oil prices headed?

Rediff.com17 Oct 2016

OPEC's move to cut output has pushed up oil prices. From here it could go either way: oil could reach $100/barrel or an analysis of demand and supply might follow, say Abheek Barua & Bidisha Ganguly.

Sensex falls 374 points to end near 1-month low; banks weigh

Sensex falls 374 points to end near 1-month low; banks weigh

Rediff.com26 Sep 2016

The Sensex has hit its lowest level since August 29, 2016 whereas the Nifty hit its lowest level since Sep 12, 2016

Rupee breaks 6-day rally against USD, down 5 paise at 66.42

Rupee breaks 6-day rally against USD, down 5 paise at 66.42

Rediff.com8 Sep 2016

Consistent capital inflows and a recovery in local equities helped the local unit to trim initial losses

Stocks stage relief rally as trade war fears ebb

Stocks stage relief rally as trade war fears ebb

Rediff.com8 Mar 2018

The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.

Lehman crisis@10: Has the financial world changed for the better?

Lehman crisis@10: Has the financial world changed for the better?

Rediff.com17 Sep 2018

On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.

Sensex, Nifty rise on positive Wall Street cues; bluechips rule

Sensex, Nifty rise on positive Wall Street cues; bluechips rule

Rediff.com3 Sep 2015

Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.

Rupee hits 1-wk high of 67.08, gains 9 paise

Rupee hits 1-wk high of 67.08, gains 9 paise

Rediff.com22 Jul 2016

Adequate dollar supply gave a boost to the local currency

How India's note ban is unlike any ever seen

How India's note ban is unlike any ever seen

Rediff.com14 Dec 2016

Many countries advised the return the high-denomination notes to the central bank for destruction, but these continued to be legal tender. This and the introduction of a new Rs 2,000 note in India are the two major differences between Indian demonetisation and those of other countries.

Sensex to hit 32,000 by 2016-end: Societe Generale

Sensex to hit 32,000 by 2016-end: Societe Generale

Rediff.com11 Dec 2015

Indian equities are in a multi-year bull story with capex cycle recovery as the main driver.

Speculation rife over Rajan succeeding IMF chief Lagarde

Speculation rife over Rajan succeeding IMF chief Lagarde

Rediff.com7 Apr 2015

RBI governor is seen succeeding International Monetary Fund (IMF) chief executive officer, Christine Lagarde, next year.

Nirav Modi faces extradition as he loses appeal in UK court

Nirav Modi faces extradition as he loses appeal in UK court

Rediff.com9 Nov 2022

Diamond merchant Nirav Modi on Wednesday lost his appeal against extradition on mental health grounds as the high court in London ruled that his risk of suicide is not such that it would be either unjust or oppressive to extradite him to India to face charges of fraud and money laundering. Lord Justice Jeremy Stuart-Smith and Justice Robert Jay, who presided over the appeal hearing at the Royal Courts of Justice earlier this year, said in their verdict that District Judge Sam Goozee's Westminster Magistrates' Court order from last year in favour of extradition was "sound". The leave to appeal in the high court had been granted on two grounds - under Article 3 of the European Convention of Human Rights (ECHR) to hear arguments if it would "unjust or oppressive" to extradite 51-year-old Modi due to his mental state and Section 91 of the Extradition Act 2003, also related to mental health.

Greeks defy Europe with overwhelming referendum 'No'

Greeks defy Europe with overwhelming referendum 'No'

Rediff.com6 Jul 2015

The vote leaves Greece in uncharted waters: risking a banking collapse that could force it out of the euro.

Gold eyes best week in 4 years as market turmoil boosts haven appeal

Gold eyes best week in 4 years as market turmoil boosts haven appeal

Rediff.com12 Feb 2016

Total holdings of the top eight gold ETFs have risen by 3.8 million ounces so far this year

Nirmala Sitharaman in Forbes list of 100 most powerful women

Nirmala Sitharaman in Forbes list of 100 most powerful women

Rediff.com8 Dec 2020

The women on the 17th annual Forbes Power List hail from 30 countries and were born across four generations.

Indian money in Swiss banks falls by over 10% to Rs 12,615 cr

Indian money in Swiss banks falls by over 10% to Rs 12,615 cr

Rediff.com18 Jun 2015

This is the 2nd lowest amount of funds held by Indians.

Markets shrug off Q2 GDP as RBI keeps key rates unchanged

Markets shrug off Q2 GDP as RBI keeps key rates unchanged

Rediff.com1 Dec 2015

India's GDP for the three-month period ended September 30 grew 7.4%.

'Indian markets are on a strong wicket'

'Indian markets are on a strong wicket'

Rediff.com10 Nov 2014

Given the volatility of the global marketplace, India is already on a strong wicket and well poised to provide a lucrative option to foreign investors.

Will Nirav Modi be finally extradited to India?

Will Nirav Modi be finally extradited to India?

Rediff.com6 Dec 2022

If his attempt to have his appeal heard in the Supreme Court fails, in principle, Modi can apply to the European Court of Human Rights (ECHR) to try and block his extradition on the basis that he will not receive a fair trial and that he will be detained in conditions that breach Article 3 of the European Convention on Human Rights, to which the UK is a signatory.

Gold: Demand outlook promising on lower prices, seasonality

Gold: Demand outlook promising on lower prices, seasonality

Rediff.com29 Sep 2014

For the year as a whole the price is expected to average $1,270, which compares with the year-to-date average of $1,289.

Rajan on what India should do with its forex reserves

Rajan on what India should do with its forex reserves

Rediff.com14 Jul 2021

India needs foreign exchange buffer reserves to insulate itself from exchange rate volatility as we have "no friends" for swap lines and Japan was the only country that helped during the taper tantrum in 2013, former RBI Governor Raghuram Rajan said on Tuesday. Participating in a virtual event organised by economic think tank NCAER, Rajan said during the taper tantrum in 2013, India asked for swap lines, and only country who helped was Japan. "We need this (foreign exchange) reserve buffer to insulate ourselves because we have no friends.

Greek parliament approves bailout measures as Syriza fragments

Greek parliament approves bailout measures as Syriza fragments

Rediff.com16 Jul 2015

Energy Minister Panagiotis Lafazanis and Deputy Labour Minister Dimitris Stratoulis also voted against the package.

Oil is grounded in a sub-$60 bear market

Oil is grounded in a sub-$60 bear market

Rediff.com7 Jul 2015

Plenty of other factors are likely to keep a lid on prices.

Rupee ends above 68, hits 29-month low vs dollar

Rupee ends above 68, hits 29-month low vs dollar

Rediff.com21 Jan 2016

The rupee has lost 37 paise or 0.55 per cent in two days.

Sensex gains 155 points on positive global lead, earnings optimism

Sensex gains 155 points on positive global lead, earnings optimism

Rediff.com7 Jan 2019

Gains in realty, teck, IT, power, consumer durables, banking and oil & gas stocks helped both the key indices to score gains.

EU makes last-ditch bid to save Greek bailout

EU makes last-ditch bid to save Greek bailout

Rediff.com30 Jun 2015

EU authorities made a last-minute offer to salvage a bailout deal that could keep Greece in the euro as the clock ticked down on Tuesday, with Germany warning that time had run out to extend vital credit lines to Athens.

We were asked to move to bunkers: Indian students in Ukraine

We were asked to move to bunkers: Indian students in Ukraine

Rediff.com25 Feb 2022

'We are not getting any clear guidance on what to do. Initially, we were asked to move to the bunker...when we packed our bags and reached there, our university head asked to go back to our hostel room. So we came back. Movement is very risky these time'

India secures top-most ratings for financial market norms

India secures top-most ratings for financial market norms

Rediff.com11 Jun 2015

The 'Rating Level 4' means that the financial market regulators have all regulatory measures "fully in force"

Sensex, Nifty post best gain in a month

Sensex, Nifty post best gain in a month

Rediff.com30 Mar 2016

Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.